Activities of Simona BONAFÈ related to 2020/0104(COD)
Plenary speeches (1)
Establishing the Recovery and Resilience Facility (debate)
Shadow opinions (1)
OPINION on the proposal for a regulation of the European Parliament and of the Council on establishing a Recovery and Resilience Facility
Amendments (49)
Amendment 3 #
(3) At Union level, the European Semester of economic policy coordination (‘European Semester’), including the principles of the European Pillar of Social Rights, is the framework to identify national reform priorities and monitor their implementation. In order to provide guidance to Member States on where structural reforms and investments to support the transition towards an European climate neutral economy are most needed, the European Semester requires to be progressively updated through the used of harmonised indicators, in order to include all the United Nations Sustainable Development Goals and the objectives of the European Green Deal in its evaluation. Member States develop their own national multiannual investment strategies in support of those reforms. Those strategies should be presented alongside the yearly National Reform Programmes as a way to outline and coordinate priority investment projects to be supported by national and/or Union funding.
Amendment 12 #
Proposal for a regulation
Recital 6
Recital 6
(6) Past experiences have shown that investment is often drastically cut during crises. HoweverTherefore, it is essential to support investment in this particular situation to speed up the recovery and strengthen long- term sustainable growth potential. Investing in greensustainable, circular, climate- neutral and digital technologies, capacities and processes aimed at achieving the Union net-zero greenhouse gas emissions objectives by 2050 assisting clean energy transition, boosting energy efficiency in housing, the development of circular economy models and other key sectors of the economic are important to achieve sustainable growth and help create jobs. It will also help make the Union more resilient and less dependent by diversifying key supply chains.
Amendment 17 #
Proposal for a regulation
Recital 6 a (new)
Recital 6 a (new)
(6 a) Investing in strengthening the resilience of healthcare and health systems in preparation for future pandemics, including the performance of stress tests of national and regional healthcare systems, improve the health status in societies, have healthier people therefore less susceptible to health threats and boost the creation of the European health Union, are important to achieve sustainable growth and to promote an economic, social and territorial cohesion.
Amendment 21 #
Proposal for a regulation
Recital 7
Recital 7
(7) Currently, no instrument foresees direct financial support linked to the achievement of results and to implementation of reforms and public investments of the Member States lin response to challenges identified in the European Semesterked with the priorities and objectives of Union funds and programmes, and with a view to having a lasting impact on the productivity and resilience of the economy of the Member States.
Amendment 26 #
Proposal for a regulation
Recital 8
Recital 8
(8) Against this background, it is necessary to strengthen the current framework for the provision of support to Member States and provide direct financial support to Member States through an innovative tool. To that end, a Recovery and Resilience Facility (the ‘Facility’) should be established under this Regulation to provide effective financial and significant support to step up the implementation of reforms and related public investments in the Member Stateboost public strategic investment in the Member States and step up the implementation of relevant reforms. The Facility should be comprehensive and should also benefit from the experience gained by the Commission and the Member States from the use of the other instruments and programmes.
Amendment 29 #
Proposal for a regulation
Recital 10 a (new)
Recital 10 a (new)
(10 a) The disruptive economic and social effect of the COVID-19 crisis weakens public and private investment capacity thus limiting the financial resources essential for the transition to a climate neutral and resource efficient Union. In this regard, in the framework of Next Generation EU, the Recovery and Resilience Facility should contribute to reducing this gap as highlighted in the report of the “EU Technical Expert Group on Sustainable Finance (TEG)” entitled “5 high level principles for recovery and resilience” of 15 July 2020.
Amendment 35 #
Proposal for a regulation
Recital 11
Recital 11
(11) Reflecting the European Green Deal as Europe’s sustainable growth strategy and the translation of the Union's commitments to implement the Paris Agreement and the United Nations’ Sustainable Development Goals, the Facility established by this Regulation will contribute to mainstreaming climate actions and environmental sustainability and to the achievement of an overall target of 25 % of the EU budget expenditures supporting climate objectives and an annual target of 30% as soon as possible and at the latest by 2027. Actions under the Facility are expected to contribute at least 40% of the overall financial envelope of the Recovery and Resilience Facility to climate and environmental objectives.
Amendment 44 #
Proposal for a regulation
Recital 12
Recital 12
(12) In order to implement these overall objectives, relevant actions will be identified during the Facility’s preparation and implementation, and reassessed in the context of the relevant evaluations and review processes. Also, due attention should be paid to the impact of the national plans submitted under this Regulation on fostering not only the green transition towards a sustainable and climate neutral economy, but also the digital transformation. They will both play a priority role in relaunching, decarbonising and modernising our economy.
Amendment 46 #
Proposal for a regulation
Recital 13
Recital 13
Amendment 56 #
Proposal for a regulation
Recital 14
Recital 14
(14) The Facility’s general objective should be the promotion of economic, social and territorial cohesion. For that purpose, it should contribute to improving the resilience and adjustment capacity of the Member States, mitigating the social and economic impact of the crisis, and supporting the green and digital transitions aimed at achieving a climate neutral Europe by 2050transition towards a sustainable and climate neutral European economy by 2050 at the latest and its digital transition, thereby restoring the growth potential of the economies of the Union in the aftermath of the crisis, fostering employment creation and to promoting sustainable growth.
Amendment 61 #
Proposal for a regulation
Recital 16
Recital 16
(16) To ensure its contribution to the objectives of the Facility, the recovery and resilience plan should comprise measures for the implementation of reforms and public investment projects through a coherent recovery and resilience plan. The recovery and resilience plan should be consistherent with the relevant country- specific challenges and priorities identified in the context of the European Semester, with the national reform programmes, the national energy and climate plans, the just transition plans, and the partnership agreements and operational programmes adopted under the Union funds. To boost actions that fall within the priorities of the European Green Deal and the Digital Agenda, the plan should also set out measures that are relevant for the green and digital transitions. The measures should enable a swift deliver of targets, objectives and contributions set out in national energy and climate plans and updates thereof. All supported activities should be pursued in full respect of the climate and environmental priorities of the UnionUnion priorities and support the transition towards a sustainable and climate neutral European economy by 2050 at the latest and its digital transition. The recovery and resilience plans should design their investments in line with the European Green Deal (EGD) as the Union’s new growth strategy, the European Pillar of Social Rights, the United Nations Sustainable Development Goals (UNSDGs) and the Digital Agenda. The measures should enable a swift deliver of targets, objectives and contributions set out in national energy and climate plans and updates thereof. All supported activities should be pursued in full respect of the climate and environmental priorities of the Union and respect the “do not significant harm” principle referred to in Regulation 2020/852. The recovery and resilience plan should be consistent with the relevant country-specific challenges and priorities identified in the context of an updated European Semester, which should include the tracking of the objectives of the European Green Deal, the NECPs and the UNSDGs, with the national reform programmes, the national energy and climate plans, the just transition plans, and the partnership agreements and operational programmes adopted under the Union funds.
Amendment 71 #
Proposal for a regulation
Recital 18
Recital 18
(18) To inform the preparation and the implementation of the recovery and resilience plans by Member States, the Council, in close cooperation with the European Parliament, should be able to discuss, within the European Semester, the state of recovery, resilience and adjustment capacity in the Union. To ensure appropriate evidence, this discussion should be based on the Commission’s strategic and analytical information available in the context of the European Semester and, if available, on the basis of the information on the implementation of the plans in the preceding years.
Amendment 81 #
Proposal for a regulation
Recital 21
Recital 21
(21) In order to ensure the national ownership and a focus on relevant reforms and investments, Member States wishing to receive support should submit to the Commission a recovery and resilience plan that is duly reasoned and substantiated. The recovery and resilience plan should set out the detailed set of measures for its implementation, including targets and milestones, and the expected impact of the recovery and resilience plan on growth potential, job creation and economic and, social resilience; it should also include measures that are relevant for the green and the support to the transition towards a sustainable and climate neutral European economy by 2050 at the latest and theits digital transitions; it should also include an explanation of the consistency of the proposed recovery and resilience plan with the relevant country-specific challenges and priorities identified in the context of the updated European Semester. Close cooperation between the Commission and the Member States should be sought and achieved throughout the process.
Amendment 86 #
Proposal for a regulation
Recital 22
Recital 22
(22) The Commission should assess the recovery and resilience plan proposed by the Member States and should act in close cooperation with the Member State concerned. The Commission will fully respect the national ownership of the process and will therefore take into account the justification and elements provided by the Member State concerned and assess whether the recovery and resilience plan proposed by the Member State is expected to contribute to effectively address challenges identified in the relevant country-specific recommendation addressed to the Member State concerned or in other relevant documents officially adopted by the Commission in the European Semester; whether the pleffectively to strengthen the sustainable growth potential, job creation and economic and social resilience of the Member State, mitigate the economic and social impact of the crisis and contribute to enhancing economic, social and territorial cohesion and support the transition towards a sustainable and contains measures that effectively contribute to the greenlimate neutral European economy by 2050 at the latest and theits digital transitions and, to addressing the challenges resulting from them; whether the plan is expected to have a lasting impact in the Member State concerned; whether the planrecovery and resilience plan proposed by the Member State is expected to effectively contribute to strengthen the growth potential, job creation and economic and social resilience of the Member State, mitigate the economic and social impact of the crisis and contribueffectively address challenges identified in the relevant country-specific recommendation addressed to the Member State concerned or in other relevant documents officially adopted by the Commission in the updated European Semester; whether the plan is expected to enhancing economic, social and territorial cohesionhave a lasting impact in the Member State concerned;; whether the justification provided by the Member State of the estimated total costs of the recovery and resilience plan submitted is reasonable and plausible and is commensurate to the expected impact on the economy and employment; whether the proposed recovery and resilience plan contains measures for the implementation of reforms and public investment projects that represent coherent actions; and whether the arrangement proposed by the Member State concerned are expected to ensure effective implementation of the recovery and resilience plan, including the proposed milestones and targets, and the related indicators.
Amendment 96 #
Proposal for a regulation
Recital 29
Recital 29
(29) The request for a loan should be justified by the financial needs linked to additional reforms and investments included in the recovery and resilience plan, notably relevant for the green andtransition towards a sustainable and climate neutral European economy by 2050 at the latest and its digital transitions, and by therefore, by a higher cost of the plan than the maximum financial contribution (to be) allocated via the non-repayable contribution. It should be possible to submit the request for a loan together with the submission of the plan. In case the request for loan is made at a different moment in time, it should be accompanied by a revised plan with additional milestones and targets. To ensure frontloading of resources, Member States should request a loan support at the latest by 31 August 2024. For the purposes of sound financial management, the total amount of all the loans granted under this Regulation should be capped. In addition, the maximum volume of the loan for each Member State should not exceed 4.7% of its Gross National Income. An increase of the capped amount should be possible in exceptional circumstances subject to available resources. For the same reasons of sound financial management, it should be possible to pay the loan in instalments against the fulfilment of results.
Amendment 107 #
Proposal for a regulation
Recital 37
Recital 37
(37) It is opportune that the Commission provides an annual report to the European Parliament and the Council on the implementation of the Facility set out in this Regulation. This report should include information on the progress made by Member States under the recovery and resilience plans approved; it should also include information on the volume of the proceeds assigned to the Facility under the European Union Recovery Instrument in the previous year, broken down by budget line, and the contribution of the amounts raised through the European Union Recovery Instrument to the achievements of the objectives of the Facility. It should also include the contribution of the Facility to meeting the Union climate and sustainability policy objectives, in particular the Union's climate objectives laid down in [Regulation (EU)2020/XXX establishing the framework for achieving climate neutrality and amending Regulation (EU) 2018/1999 (“European Climate law)] and the priorities set out in the National Climate and Energy Plans.
Amendment 120 #
Proposal for a regulation
Article 3 – paragraph 1
Article 3 – paragraph 1
The scope of application of the Recovery and Resilience Facility established by this Regulation shall refer to policy areas related to economic, social and territorial cohesion, the green andtransition towards a sustainable and climate neutral European economy by 2050 at the latest and its digital transitions, health, competitiveness, resilience, productivity, education and skills, research and innovation, smart, sustainable and inclusive growth, jobs and investment, and the stability of the financial systems.
Amendment 132 #
Proposal for a regulation
Article 4 – paragraph 1
Article 4 – paragraph 1
1. The general objective of the Recovery and Resilience Facility shall be to promote the Union’s economic, social and territorial cohesion by improving the resilience and adjustment capacity of the Member States, mitigating the social and economic impact of the crisis, and supporting the green andthe transition towards a sustainable and climate neutral European economy by 2050 at the latest and its digital transitions, thereby contributing to restoring the growth potential of the economies of the Union, fostering employment creation in the aftermath of the COVID-19 crisis, and promoting sustainable growth.
Amendment 137 #
Proposal for a regulation
Article 4 – paragraph 1 a (new)
Article 4 – paragraph 1 a (new)
1 a. The Recovery and Resilience Facility shall ensure that at least 40% of its overall financial envelope contributes to objective of the transition towards a sustainable and climate neutral European economy by 2050 at the latest . Member States shall identify and track climate and environment spending by using the EU taxonomy established by Regulation (EU) 2020/852.
Amendment 152 #
Proposal for a regulation
Article 9
Article 9
Amendment 174 #
Proposal for a regulation
Article 14 – paragraph 2
Article 14 – paragraph 2
2. The recovery and resilience plans shall be consistent with the general and specific objectives of the Facility as defined in Article 4 of this Regulation and in line with the relevant country-specific challenges and priorities identified in the context of the European Semester, in particular those relevant for or resulting from the green and digital transition. The recovery and resilience plans shall also be consistent with the information included by the Member States in the national reform programmes under the European Semester, in their national energy and climate plans and updates thereof under the Regulation (EU)2018/199921 , ,in the territorial just transition plans under the Just Transition Fund22 , ,and in the partnership agreements and operational programmes under the Union funds. _________________ 21Regulation (EU)2018/1999 of the European Parliament and of the Council of 11 December 2018 on the Governance of the Energy Union and Climate Action. 22 […]The Recovery and resilience facility shall apply to investments respecting the “do not significant harm” principle referred to in Regulation (EU) 2020/852.
Amendment 182 #
Proposal for a regulation
Article 14 – paragraph 2 a (new)
Article 14 – paragraph 2 a (new)
2 a. The recovery and resilience plans shall not include measures causing significant harm to any of the environmental objectives listed in Regulation (EU) 2020/852 in accordance with Article 17 of the same Regulation.
Amendment 190 #
Proposal for a regulation
Article 15 – paragraph 3 – point a
Article 15 – paragraph 3 – point a
(a) an explanation of the way the relevant country-specific challenges and priorities identified in the context of the European Semester are expected to be addressed; letter (a) should be replaced with letter (c)
Amendment 193 #
Proposal for a regulation
Article 15 – paragraph 3 – point b
Article 15 – paragraph 3 – point b
(b) an explanation of how the plan strengthens the growth potential, job creation and economic and social resilience of the Member State concerned, mitigates the economic and social impact of the crisis, promote sustainable growth and its contribution to enhance economic, social and territorial cohesion and convergence; Letter (b) should be replaced by letter (a)
Amendment 198 #
Proposal for a regulation
Article 15 – paragraph 3 – point c
Article 15 – paragraph 3 – point c
(c) an explanation of how the measures in the plan are expected to contribute to the green and the digital transitions or to thetransition towards a sustainable and climate neutral European economy by 2050 at the latest in particular their contribution to meeting the Union climate and sustainability policy objectives taking into account the objectives set out in the National Climate and Energy Plans (NECPs) and the Union's climate objectives laid down in[Regulation (EU) 2020/XXX establishing the framework for achieving climate neutrality and amending Regulation (EU) 2018/1999 ("European Climate Law")] and their contribution in addressing social, economic or environmental challenges resultderiving from them; is transition.
Amendment 203 #
Proposal for a regulation
Article 15 – paragraph 3 – point c a (new)
Article 15 – paragraph 3 – point c a (new)
(c a) an explanation of how the measures in the plan are expected to contribute to strengthening the resilience of healthcare and health systems in preparation for future pandemics, improve the health status in societies, have healthier people therefore less susceptible to health threats;
Amendment 210 #
Proposal for a regulation
Article 15 – paragraph 3 – point c b (new)
Article 15 – paragraph 3 – point c b (new)
(c b) an explanation of how the measures in the plan are expected to contribute to the digital transitions or and the challenges resulting from them;
Amendment 232 #
Proposal for a regulation
Article 16 – paragraph 3 – introductory part
Article 16 – paragraph 3 – introductory part
3. The Commission shall assess the importance and coherence of the recovery and resilience plan and its contribution to the green andtransition towards a sustainable and climate neutral European economy by 2050 at the latest and its digital transitions, and for that purpose, shall take into account the following criteria:
Amendment 238 #
Proposal for a regulation
Article 16 – paragraph 3 – point a
Article 16 – paragraph 3 – point a
(a) whether the recovery and resilience plan is expected to contribute to effectively address challenges identified in the relevant country-specific recommendations addressed to the Member State concerned or in other relevant documents officially adopted by the Commission in the European Semester; letter a is replaced with letter (d)
Amendment 242 #
Proposal for a regulation
Article 16 – paragraph 3 – point b
Article 16 – paragraph 3 – point b
(b) whether the plan contains measures that effectively contribute to the green and the digital transitions or to addressing the challenges resulting from themtransition towards a sustainable and climate neutral European economy by 2050 at the latest in particular their contribution to meeting the Union sustainability policy objectives taking into account the objectives set out in the National Climate and Energy Plans (NECPs) and the Union's climate objectives laid down in [Regulation (EU) 2020/XXX establishing the framework for achieving climate neutrality and amending Regulation (EU) 2018/1999 ("European Climate Law")] and their contribution in addressing social, economic or environmental challenges deriving from this transition;
Amendment 249 #
Proposal for a regulation
Article 16 – paragraph 3 – point b a (new)
Article 16 – paragraph 3 – point b a (new)
(b a) whether the plan contains measures that effectively contribute to strengthening the resilience of healthcare and health systems in preparation for future pandemics, improve the health status in societies, have healthier people therefore less susceptible to health threats;
Amendment 254 #
Proposal for a regulation
Article 16 – paragraph 3 – point b b (new)
Article 16 – paragraph 3 – point b b (new)
(b b) whether the plan contains measures that effectively contribute to the digital transitions or to addressing the challenges resulting from them;
Amendment 255 #
Proposal for a regulation
Article 16 – paragraph 3 – point d
Article 16 – paragraph 3 – point d
(d) whether the recovery and resilience plan is expected to effectively contribute to strengthen the growth potential, job creation, and economic and social resilience of the Member State, mitigate the economic and social impact of the crisis, promote sustainable growth and contribute to enhance economic, social and territorial cohesion; letter (d) should be replaced with letter (a)
Amendment 309 #
Proposal for a regulation
Article 24 – paragraph 3 – point b a (new)
Article 24 – paragraph 3 – point b a (new)
(b a) the contribution to meeting the Union climate and sustainability policy objectives, in particular the Union's climate objectives laid down in [Regulation (EU) 2020/XXX establishing the framework for achieving climate neutrality and amending Regulation (EU) 2018/1999 ("European Climate Law")] and the priorities set out in the National Climate and Energy Plans
Amendment 323 #
Proposal for a regulation
Annex II – point 2 – paragraph 1 – introductory part
Annex II – point 2 – paragraph 1 – introductory part
In accordance with Article 16(3), the Commission shall assess the importance and coherence of the recovery and resilience plans, and its contribution to the green andtransition towards a sustainable and climate neutral European economy by 2050 at the latest and its digital transitions, and for that purpose, it shall take into account the following criteria:
Amendment 327 #
Proposal for a regulation
Annex II – point 2 – paragraph 1 – point a
Annex II – point 2 – paragraph 1 – point a
(a) whether the recovery and resilience plan is expected to contribute to effectively address challenges identified in the relevant country-specific recommendations addressed to the Member State concerned or in other relevant documents officially adopted by the Commission in the European Semester; letter (a) is replaced with letter (d)
Amendment 329 #
Proposal for a regulation
Annex II – point 2 – paragraph 1 – point b
Annex II – point 2 – paragraph 1 – point b
(b) whether the plan contains measures that effectively contribute to the green and the digital transitions or to addressing the challenges resulting from them; transition towards a sustainable and climate neutral European economy by 2050 at the latest in particular their contribution to meeting the Union sustainability policy objectives taking into account the objectives set out in the National Climate and Energy Plans (NECPs) and the Union's climate objectives laid down in [Regulation (EU) 2020/XXX establishing the framework for achieving climate neutrality and amending Regulation (EU)2018/1999 ("European Climate Law")] and their contribution in addressing social, economic or environmental challenges deriving from this transition.
Amendment 332 #
Proposal for a regulation
Annex II – point 2 – paragraph 1 – point b a (new)
Annex II – point 2 – paragraph 1 – point b a (new)
(b a) whether the plan contains measures that effectively contribute to strengthening the resilience of healthcare and health systems in preparation for future pandemics, improve the health status in societies, have healthier people therefore less susceptible to health threats;
Amendment 335 #
Proposal for a regulation
Annex II – point 2 – paragraph 1 – point b b (new)
Annex II – point 2 – paragraph 1 – point b b (new)
(b b) whether the plan contains measures that effectively contribute to the digital transitions or to addressing the challenges resulting from them;
Amendment 336 #
Proposal for a regulation
Annex II – point 2 – paragraph 1 – point d
Annex II – point 2 – paragraph 1 – point d
(d) whether the recovery and resilience plan is expected to effectively contribute to strengthen the growth potential, job creation, and economic and social resilience of the Member State, mitigate the economic and social impact of the crisis, promote sustainable growth and contribute to enhance economic, social and territorial cohesion; letter (d) should be replaced with letter (a)
Amendment 345 #
Proposal for a regulation
Annex II – point 2 – paragraph 3 – point 2.1 – introductory part
Annex II – point 2 – paragraph 3 – point 2.1 – introductory part
2.1 The recovery and resilience plan is expected to contribute to effectively address challenges identified in the relevant country-specific recommendations addressed to the Member State concerned or in other relevant documents officially adopted by the Commission in the European Semester. 2.1 should be replaced with 2.4
Amendment 353 #
Proposal for a regulation
Annex II – point 2 – paragraph 3 – point 2.2 – introductory part
Annex II – point 2 – paragraph 3 – point 2.2 – introductory part
2.2 The plan contains measures that effectively contribute to the green and the digital transitionstransition towards a sustainable and climate neutral European economy by 2050 at the latest or to addressing the challenges resulting from them.
Amendment 357 #
Proposal for a regulation
Annex II – point 2 – paragraph 3 – point 2.2 – paragraph 1 – subparagraph 1 – indent 1
Annex II – point 2 – paragraph 3 – point 2.2 – paragraph 1 – subparagraph 1 – indent 1
— the implementation of the envisaged measures is expected to significantly contribute to establishmeeting the Union climate- and environmental-friendly systems and to the greening of economic or social sectors with a view to contribute to the overall objective of asustainability policy objectives taking into account the objectives set out in the National Climate and Energy Plans (NECPs) and the Union's climate objectives laid down in [Regulation (EU) 2020/XXX establishing the framework for achieving climate- neutral Europe by 2050;ity and amending Regulation (EU) 2018/1999 ("European Climate Law")]
Amendment 362 #
Proposal for a regulation
Annex II – point 2 – paragraph 3 – point 2.2 – paragraph 1 – subparagraph 2
Annex II – point 2 – paragraph 3 – point 2.2 – paragraph 1 – subparagraph 2
Amendment 368 #
Proposal for a regulation
Annex II – point 2 – paragraph 3 – point 2.2 – paragraph 1 – subparagraph 3 – introductory part
Annex II – point 2 – paragraph 3 – point 2.2 – paragraph 1 – subparagraph 3 – introductory part
Amendment 371 #
Proposal for a regulation
Annex II – point 2 – paragraph 3 – point 2.2 – paragraph 1 – subparagraph 3 – indent 1
Annex II – point 2 – paragraph 3 – point 2.2 – paragraph 1 – subparagraph 3 – indent 1
— the implementation of the envisaged measures is expected to significantly contribute to address the challenges resulting from the green and/or digital transitionssocial, economic and environmental challenges resulting from the transition towards a sustainable climate neutral European economy
Amendment 376 #
Proposal for a regulation
Annex II – point 2 – paragraph 3 – point 2.2 a (new)
Annex II – point 2 – paragraph 3 – point 2.2 a (new)
2.2 a The plan contains measures that effectively contribute to the digital transitions or to addressing the challenges resulting from them. - the implementation of the envisaged measures is expected to significantly contribute to establish climate- and environmental-friendly systems and to the greening of economic or social sectors with a view to contribute to the overall objective of a climate-neutral Europe by 2050 at the latest; or - the implementation of the envisaged measures is expected to significantly contribute to the digital transformation of economic or social sectors; or - the implementation of the envisaged measures is expected to significantly contribute to address the challenges resulting from the green and/or digital transitions and -the implementation of the envisaged measures is expected to have a lasting impact.
Amendment 377 #
Proposal for a regulation
Annex II – point 2 – paragraph 3 – point 2.4 – introductory part
Annex II – point 2 – paragraph 3 – point 2.4 – introductory part
2.4 The recovery and resilience plan is expected to effectively contribute to strengthen the growth potential, job creation, and economic and social resilience of the Member State, mitigate the economic and social impact of the crisis, promote sustainable growth and contribute to enhance economic, social and territorial cohesion; 2.4 should be preplaced with 2.1
Amendment 382 #
Proposal for a regulation
Annex II – point 2 – paragraph 3 – point 2.4 – paragraph 1 – subparagraph 1 – indent 1
Annex II – point 2 – paragraph 3 – point 2.4 – paragraph 1 – subparagraph 1 – indent 1
— the recovery and resilience plan contains measures that aim at addressing weaknesses of the economy of the Member States and at boosting the growth potential of the economy of the Member State concerned, stimulating job creation and mitigating the adverse effects of the crisis, promote sustainable growth while avoiding adverse impacts of those measures on climate and environment.