3 Amendments of Alfred SANT related to 2016/2302(INI)
Amendment 8 #
Draft opinion
Paragraph 1
Paragraph 1
1. Emphasises that the ultimate purpose of financial instruments (FIs) is to act in situations of market failure or suboptimal investment as a catalyst making it possible to mobilise funding for projects which cannot secure adequate support from the market; insists that the funding channelled through the EU-supported FIs should as a priority play a social role and not be limited to satisfying private interests only;
Amendment 36 #
Draft opinion
Paragraph 5
Paragraph 5
5. Points to the challenges that FIs represent for democratic control, timely and transparent reporting and accountability, as well as in the implementation of rules governing FIs at a local level; believes that the revision of the Financial Regulation and the ‘omnibus regulation’ could provide an opportunity to streamline the reporting on FIs and thus provide a better basis to assess additionality and complementarity between different forms of EU support, particularly between cohesion funds and the European Fund for Strategic Investments (EFSI).
Amendment 42 #
Draft opinion
Paragraph 5 a (new)
Paragraph 5 a (new)
5 a. Recalls that the upward social and economic convergence of the different regions in the EU should remain a main priority of the EU's Cohesion policy; points out that an assessment of the funding mix between FIs and other instruments should also be based on whether and how the mix contributes positively or negatively to the goal of reducing the cleavage between centre and periphery; in this spirit, emphasises on the need for further funding designed for the Union's peripheral regions aimed at slowing down the growing socioeconomic cleavage between the European centre and its peripheral regions.