Activities of Marco VALLI related to 2015/2042(INI)
Shadow opinions (1)
OPINION on implementation of the European Progress Microfinance Facility – 2013
Amendments (4)
Amendment 1 #
Draft opinion
Recital C a (new)
Recital C a (new)
Ca. whereas this instrument is still fairly unknown to its possible beneficiaries, as shown by the volume of microloans granted that are lower than the set target, in particular in Italy, as set out in Special Report No 8/2015 of the European Court of Auditors – ‘Is EU financial support adequately addressing the needs of micro- entrepreneurs?’
Amendment 12 #
Draft opinion
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Welcomes the fact that all seven of the financial instruments of the Facility hitherto implemented have attracted additional private funding; expresses concern, nevertheless, that according to the report by the Court of Auditors, as far as guarantees are concerned, the target values for leverage ratios were achieved precisely in only one case out of seven, and in two cases were not achieved;
Amendment 26 #
Draft opinion
Paragraph 13 a (new)
Paragraph 13 a (new)
13a. Regrets that information on the use of the loans and guarantees related to the Facility is fragmentary and incomplete and lacks detailed information on the employment status of the final recipients, even though the Court of Auditors found that the reporting was in keeping with the requirements of the decision establishing the EPMF;
Amendment 29 #
Draft opinion
Paragraph 15 a (new)
Paragraph 15 a (new)
15a. Calls on the Commission to ensure that greater publicity and information are provided on the Facility and on how to gain access to it, in addition to simplifying the procedure and making the agreements between microfinance intermediaries and the EIF more flexible and easier to understand, enabling smaller intermediaries to gain faster access to the market;