14 Amendments of Stanislav POLČÁK related to 2016/0276(COD)
Amendment 12 #
Proposal for a regulation
Citation 5 a (new)
Citation 5 a (new)
Having regard to the European Investment Bank’s (EIB) first report on "Evaluation of the functioning of the European Fund for Strategic Investments" released on 6 October 2016; Having regard to the European Court of Auditors’ (ECA) Opinion No 2/2016 on "EFSI: an early proposal to extend and expand" released on 11 November 2016;
Amendment 21 #
Proposal for a regulation
Recital 4 a (new)
Recital 4 a (new)
(4a) Articles 18(6) and 18(7) of the Regulation (EU) No 2015/1017 provide for a proposal to amend that Regulation to be made by 5 July 2018 and require that such a proposal should be supported by an independent evaluation on whether EFSI "is achieving its objectives and maintaining a scheme for supporting investment is warranted". This independent evaluation of the application of that Regulation carried out by external experts was released only after the Commission’s proposal on the extension of EFSI.
Amendment 48 #
Proposal for a regulation
Recital 11
Recital 11
(11) In order to reinforce the take-up of the EFSI in less-developed and transition regions,The European Investment Bank’s (EIB) first report on "Evaluation of the functioning of the European Fund for Strategic Investments" released on 6 October 2016 highlights the need to address the geographical imbalance of EFSI support by measures such as enlarging the scope of the general objectives eligible for EFSI support should be enlargedand enhancing the role of the European Advisory Hub.
Amendment 81 #
Proposal for a regulation
Article 1 – paragraph 1 – point 1 a (new)
Article 1 – paragraph 1 – point 1 a (new)
(1a) in Article 5(1) the second subparagraph is replaced by the following: ‘EIB special activities, as defined in Article 16 of the EIB Statute and by the credit risk policy guidelines of the EIB, supported by the EFSI, shall also be considered to provide additionality under the condition that it is publicly documented that they address market failure or sub-optimal investment situations and could not have been carried out without EFSI support in the same period by the EIB, the EIF or under existing Union financial instruments,’
Amendment 83 #
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
Article 5 – paragraph 1
To better address market failures or sub- optimal investment situations as well as forms of government failure (e.g. sub- optimal investment situations due to barriers caused by national borders/regulation), EIB special activities supported by the EFSI shall typically have features such as subordination, participation in risk-sharing instruments, cross-border characteristics, exposure to specific risks or other identifiable aspects as further described in Annex II. Cross-border cooperation projects and projects of interregional cooperation, in particular between functional regions, shall also be considered to provide additionality.’;
Amendment 96 #
Proposal for a regulation
Article 1 – paragraph 1 – point 4 – point d
Article 1 – paragraph 1 – point 4 – point d
Regulation (EU) No 2015/1017
Article 10 – paragraph 12
Article 10 – paragraph 12
Decisions approving the use of the EU guarantee shall be public and accessible, and include the rationale for the decision, with particular focus on compliance with the additionality criterion. The publicscoreboard of indicators, used to assess operations, shall not containbe made public as soon as an operation under the EU guarantee is signed, with the exception of commercially sensitive information. In reaching its decision, the Investment Committee shall be supported by the documentation provided by the EIB.;
Amendment 118 #
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 regional and 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;;
Amendment 121 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9 – point b – point iii
Article 1 – paragraph 1 – point 9 – point b – point iii
Regulation (EU) No 2015/1017
Article 14 – paragraph 2 - point f
Article 14 – paragraph 2 - point f
(f) providing advice on the combination of other sources of Union funding (such as the European Structural and Investment Funds, Horizon 2020 and the Connecting Europe Facility) with the EFSI in order to allow for maximum integration of and synergies between investments with a view to single programming of cohesion policy intervention.;
Amendment 124 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9 – point c
Article 1 – paragraph 1 – point 9 – point c
Regulation (EU) No 2015/1017
Article 14 – paragraph 5
Article 14 – paragraph 5
5. In order to achieve the objective referred to in paragraph 1 and to facilitate the provision of advisory support at regional and local level, the EIAH shall seek to use the expertise of the EIB, the Commission, national promotional banks or institutions, and the managing authorities of the European Structural and Investment Funds.;
Amendment 126 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9 a (new)
Article 1 – paragraph 1 – point 9 a (new)
(9a) in Article 16, paragraph 2 is replaced by the following: ‘2. The EIB, in cooperation with the EIF where appropriate, shall submit an annual report to the European Parliament, the Council and the Committee of the Regions on EIB financing and investment operations covered by this Regulation. The report shall be made public and shall include:’
Amendment 128 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9 b (new)
Article 1 – paragraph 1 – point 9 b (new)
(9b) in Article 16 the following paragraph is added: ‘7. The EIB shall develop, for reporting purposes, a set of result indicators for each operation, in order to provide a reliable basis for analysing the added value of EU financing. Such a methodology shall be approved by the Steering Board.’
Amendment 129 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9 b (new)
Article 1 – paragraph 1 – point 9 b (new)
Regulation (EU) 2015/1017
Article 16 – paragraph 2 – point (f)
Article 16 – paragraph 2 – point (f)
(9b) (15) Article 16(2)(f) is replaced by the following: "(f) ‘a description of the projects where the support of othe European Structural and Investment Fundsr sources of Union funding (such as ESIF, Horizon 2020 and CEF) is combined with theEFSI support of the EFSI, and the total amount of the contributions from each source’;" Or. en (http://eur-lex.europa.eu/legal- content/EN/TXT/?qid=1486043060727&uri=CELEX:02015R1017-20150701)
Amendment 133 #
Proposal for a regulation
Article 1 – paragraph 1 – point 10 – point a
Article 1 – paragraph 1 – point 10 – point a
6. By 30 June 2018 and 30 June 2020, the Commission shall submit to the European Parliament and the Council, the European Central Bank, the European Economic and Social Committee, the Committee of the Regions and the European Investment Bank a report containing an independent evaluation of the application of this Regulation.;
Amendment 147 #
Proposal for a regulation
Annex II – point 1 a (new)
Annex II – point 1 a (new)
(1a) (-a) in point (a), the fifth indent is replaced by the following: ‘public sector entities (territorial or otherwise, but excluding operations with such entities giving rise to direct Member State risk) and public-sector type entities. A European Grouping of Territorial Cooperation (EGTC), established in accordance with Regulation No 1082/2006 on EGTC*, shall be considered an entity not giving rise to direct Member State risk. ----------------------------------- * Regulation (EC) No 1082/2006 of the European Parliament and of the Council of 5 July 2006 on a European grouping of territorial cooperation (EGTC), OJ L 210, 31.7.2006, p. 19-24’