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on behalf of the Renew Group
Amendment: Motion for a resolution and Amendment| Motion for a resolution | Amendment |
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| Motion for a resolution– having regard to Eurostat’s inflation estimate of 18 December 2024, | Amendment– having regard to Eurostat’s inflation estimate of 3 February 2025, |
on behalf of the Renew Group
European Central Bank – annual report 2024
Amendment: Motion for a resolution and Amendment| Motion for a resolution | Amendment |
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| Motion for a resolution– having regard to the World Economic Outlook of the International Monetary Fund (IMF) of October 2024, | Amendment– having regard to the World Economic Outlook of the International Monetary Fund (IMF) of January 2025, |
on behalf of the Renew Group
European Central Bank – annual report 2024
Amendment: Motion for a resolution and Amendment| Motion for a resolution | Amendment |
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| Motion for a resolutionA. whereas, according to Eurostat, harmonised index of consumer prices (HICP) inflation reached a level of 2.2 % in the euro area in November 2024; | AmendmentA. whereas, according to Eurostat, harmonised index of consumer prices (HICP) inflation reached a level of 2.4 % in the euro area in December 2024; |
on behalf of the Renew Group
European Central Bank – annual report 2024
Amendment: Motion for a resolution and Amendment| Motion for a resolution | Amendment |
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| Motion for a resolution9. Regrets that core inflation still remains high in the euro area (2.7 % in November 2024), with only one euro area Member State reporting core inflation rates below 2 % in November 2024; recalls that this situation generates economic uncertainty, discourages savings and increases citizens’ living costs, particularly affecting those on fixed and limited incomes; | Amendment9. Regrets that core inflation still remains high in the euro area (2.7 % in December 2024), with only three euro area Member States reporting core inflation rates below 2 % in December 2024; recalls that this situation generates economic uncertainty, discourages savings and increases citizens’ living costs, particularly affecting those on fixed and limited incomes; |
on behalf of the Renew Group
European Central Bank – annual report 2024
Amendment: Motion for a resolution and Amendment| Motion for a resolution | Amendment |
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| Motion for a resolution15. Strongly welcomes the fact that headline inflation has come down from its peak of 10.6 % in October 2022 to 2.2 % in November 2024; | Amendment15. Strongly welcomes the fact that headline inflation has come down from its peak of 10.6 % in October 2022 to 2.4 % in December 2024; |
on behalf of the Renew Group
European Central Bank – annual report 2024
Amendment: Motion for a resolution and Amendment| Motion for a resolution | Amendment |
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| Motion for a resolution16. Welcomes the decrease in core inflation from its peak of 7.6 % in March 2023 to 2.7 % in November 2024, but expresses its unease at its historically and persistently high level; notes with concern that high core inflation could translate into higher headline inflation numbers; | Amendment16. Welcomes the decrease in core inflation from its peak of 7.6 % in March 2023 to 2.7 % in December 2024, but expresses its unease at its historically and persistently high level; notes with concern that high core inflation could translate into higher headline inflation numbers; |
on behalf of the Renew Group
European Central Bank – annual report 2024
Amendment: Motion for a resolution and Amendment| Motion for a resolution | Amendment |
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| Motion for a resolution36. Insists that the ECB respect the market neutrality approach in its monetary operations; | Amendment36. Calls on the ECB to respect the market neutrality approach in its monetary operations, while noting that the ECB acknowledges that market neutrality is an operational tool, rather than a legal requirement; |