Activities of Claudia ȚAPARDEL related to 2015/0009(COD)
Plenary speeches (1)
European Fund for Strategic Investments (A8-0139/2015 - José Manuel Fernandes, Udo Bullmann) RO
Amendments (9)
Amendment 249 #
Proposal for a regulation
Recital 14
Recital 14
(14) The EFSI should target projects delivering high societal and economic valuewhose selection should be done on the basis of transparent criteria delivering high societal and economic value, with an equitable distribution of projects across the Union. In particular, the EFSI should target projects that promote job creation, long- term sustainable growth and competitiveness. The EFSI should support a wide range of financial products, including equity, debt or guarantees, to best accommodate the needs of the individual project. This wide range of products should allow the EFSI to adapt to market needs whilst encouraging private investment in the projects. The EFSI should not be a substitute for private market finance but should instead catalyse private finance by addressing market failures so as to ensure the most effective and strategic use of public money and as a means of further enhancing cohesion across the Union. The requirement for consistency with State aid principles should contribute to such effective and strategic use.
Amendment 278 #
Proposal for a regulation
Recital 15
Recital 15
(15) The EFSI should target projects with a higher risk-return profile than existing EIB and Union instruments to ensure additionality over existing operations. The EFSI should aim at financeing projects across the Union, including in the countries most affected by ththroughout the EU by taking into account the criteria of additionality, added socio- economic value, and high risk-profile financial crisi its investment policies. The EFSI should only be used where financing is not available from other sources on reasonable terms.
Amendment 329 #
Proposal for a regulation
Recital 17
Recital 17
(17) Decisions on the use of the EFSI support for infrastructure and large mid- cap projects should be made by an Investment Committee. The Investment Committee should be composed of independent experts who are knowledgeable and experienced in the areas of investment projects, strategic planning and public management, and who should be approved by the European Parliament following hearings. The Investment Committee should be accountable to athe Steering Board of the EFSI, who should supervise the fulfilment of the EFSI's objectives. To effectively benefit from the experience of the EIF, the EFSI should support funding to the EIF to allow the EIF to undertake individual projects in the areas of small and medium enterprises and small mid-cap companies. [1] Justification: These skills are to ensure that projects selected can deliver high socio-economic results at the regional level, while also taking into consideration the principle of subsidiarity.
Amendment 776 #
Proposal for a regulation
Article 3 – paragraph 2 – subparagraph 1
Article 3 – paragraph 2 – subparagraph 1
Amendment 822 #
Proposal for a regulation
Article 3 – paragraph 4 – subparagraph 3
Article 3 – paragraph 4 – subparagraph 3
The Commission, the EIB and the European Parliament shall draw up a shortlist of candidates for the positions of Managing Director and the Deputy Managing Director shall be appointed by the Steering Board on a joint proposal of the Commission and the EIB. Following the approval of that proposal, the Steering Board shall appoint the Managing Director and the Deputy Managing Director for a renewable fixed term of three years.
Amendment 834 #
Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 1
Article 3 – paragraph 5 – subparagraph 1
The EFSI Agreement shall provide that the EFSI shall have an Investment Committee, which shall be responsible for examining potential operationprojects in line with the EFSI investment policies and approving the support of the EU guarantee for operationprojects in line with Article 5, irrespective of their geographic location. under the principle of an equitable distribution of projects across the Union. Further, the Investment Committee shall be the competent body for approving the eligibility of investment platforms and national promotional banks and permitting them to use the designation of 'EFSI' or 'European Fund for Strategic Investments'.
Amendment 854 #
Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 2
Article 3 – paragraph 5 – subparagraph 2
The Investment Committee shall be composed of sixeight independent experts and the Managing Director. Independent experts shall have a high level of relevant market experience in project finance andstructuring and project financing, as well as macroeconomic expertise, public administration and public management. The Investment Committee shall have a pluridisciplinary composition encompassing a broad range of expertise in various sectors, such as research and development, transport and SMEs. It shall be appointed by the Steering Board for a renewable fixed term of three years.
Amendment 1221 #
Proposal for a regulation
Article 10 – paragraph 1
Article 10 – paragraph 1
1. The EIB, in cooperation with the EIF as appropriate, shall report semi-annually to the CommissionEuropean Parliament and to the Council on EIB financing and investment operations under this Regulation. The report shall. The report shall be made public and include an assessment of compliance with the requirements on the use of the EU guarantee and the key performance indicators established pursuant to Article 2(1)(g). The report shall also include statistical, financial and accounting data on each EIB financing and investment operation and on an aggregated basis.
Amendment 1285 #
Proposal for a regulation
Article 11 – paragraph 1
Article 11 – paragraph 1
1. At the request of the European Parliament, the Managing DirectorPresident of the EIB shall participate inat a hearing of the European Parliament on the performance of the EFSI. if it concerns EIB financing and investment operations under this Regulation. The President of the EIB shall, within four weeks of receipt, reply orally or in writing to questions addressed to the EIB by the European Parliament concerning EIB financing and investment operations under this Regulation.