8 Amendments of Costas MAVRIDES related to 2016/0276(COD)
Amendment 139 #
Proposal for a regulation
Recital 9
Recital 9
(9) Additionality, a key feature of the EFSI, should be strengthened in the selection of projects. In particular, operations should only be eligible for EFSI support if they address clearly identified market failures or sub-optimal investment situations. Operations in infrastructure under the Infrastructure and Innovation Window linking two or more Member States, as well as operations in insular and peripheral EU regions, including e- infrastructure, should be considered additional given their inherent difficulty and their high added value for the Union.
Amendment 279 #
Proposal for a regulation
Article 1 – paragraph 1 – point 2
Article 1 – paragraph 1 – point 2
Regulation (EU) No 2015/2017
Article 5 – paragraph 1– subparagraph 3
Article 5 – paragraph 1– subparagraph 3
To better address market failures or sub- optimal investment situations, EIB special activities supported by the EFSI shall typically have features such as subordination, participation in risk-sharing instruments, cross-border or peripheral characteristics, exposure to specific risks or other identifiable aspects as further described in Annex II.
Amendment 287 #
Proposal for a regulation
Article 1 – paragraph 1 – point 2
Article 1 – paragraph 1 – point 2
Regulation (EU) No 2015/1017
Article 5 – paragraph 1 – subparagraph 5
Article 5 – paragraph 1 – subparagraph 5
The projects supported by the EFSI that consist of physical infrastructure linking two or more Member States or of the extension of physical infrastructure or services linked to physical infrastructure from one Member State to one or more Member States, as well as those in peripheral islands of the EU, shall also be considered to provide additionality.
Amendment 414 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9 – point b – point i
Article 1 – paragraph 1 – point 9 – point b – point i
Regulation (EU) No 2015/1017
Article 14 – paragraph 2 – point c
Article 14 – paragraph 2 – point c
(c) leveraging local knowledge to facilitate EFSI support across the Union and contributing where possible to the objective of sectorial and geographical diversification of the EFSI referred to in Section 8 of Annex II by supporting the EIB to originate operations; in particular, in less developed, insular as well as peripheral regions, also throughout a better involvement of SMEs;
Amendment 437 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9 – point d
Article 1 – paragraph 1 – point 9 – point d
Regulation (EU) No 2015/1017
Article 14 – paragraph 6 – second sentence
Article 14 – paragraph 6 – second sentence
Cooperation between, on the one hand, the EIAH and, on the other hand, a national promotional bank or institution, an international financing institution or an institution or a managing authority, including those acting as a national advisor, having expertise relevant for the purposes of the EIAH, may take the form of a contractual partnership. The EIAH shall make at least one cooperation agreement with a national promotional bank or any other institution per Member State. In Member States where such an institution does not exist, the EIAH shall provide pro-active advisory support on its establishment, when requested by the Member State in question.;
Amendment 439 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9 – point d a (new)
Article 1 – paragraph 1 – point 9 – point d a (new)
Regulation (EU) No 2015/1017
Article 14 – paragraph 6 a (new)
Article 14 – paragraph 6 a (new)
(d a) the following paragraph is inserted after paragraph 6: ‘6a. Without prejudice to paragraph 6, in order to facilitate a wider geographic outreach of advisory services and to support the local development of advisory services, a local presence of the EIAH shall be established in countries where there are difficulties to develop projects in particular under EFSI, as well as, in topics such as the blending of EFSI with existing funds, at Member States` request and where necessary, and, the development of investment platforms including cooperation with third countries.’
Amendment 463 #
Proposal for a regulation
Article 1 – paragraph 1 – point 12
Article 1 – paragraph 1 – point 12
Regulation (EU) No 2015/1017
Article 22 – paragraph 1 – subparagraph 3
Article 22 – paragraph 1 – subparagraph 3
In their financing and investment operations covered by this Regulation, the EIB and the EIF shall not make use of or engage in tax avoidance structures, in particular aggressive tax planning schemes, or practices not complying with EU tax good governance principles, as set out in the Union legislation, including Commission recommendations and communications.
Amendment 465 #
Proposal for a regulation
Article 1 – paragraph 1 – point 12
Article 1 – paragraph 1 – point 12
Regulation (EU) No 2015/1017
Article 22 – paragraph 1 – subparagraph 4
Article 22 – paragraph 1 – subparagraph 4