BETA

40 Amendments of Beatrix von STORCH related to 2016/2099(INI)

Amendment 20 #
Motion for a resolution
Recital C
C. whereas the bank must retain a strong credit standing and must remain selective in its operations, taking into account not only the high volumes and returns of the investment but also the development targets of different sectors;
2016/10/24
Committee: ECON
Amendment 20 #
Draft opinion
Paragraph 1
1. WelcomDeplores Commission President Juncker’s plan to increase the capacity of the Investment Plan for Europe from EUR 315 billion to EUR 630 billion; underlines, however, that it should not lead to a reduction in well-functioning sources of transport infrastructure funding;
2016/10/17
Committee: TRAN
Amendment 28 #
Motion for a resolution
Recital D
D. whereas the EIB should continue to strengthen its efforts to expand its loan activitieslend only with the greatest business prudence and should not put its creditworthiness at risk;
2016/10/24
Committee: ECON
Amendment 34 #
Draft opinion
Paragraph 2
2. Encourages the EIB to continue to support sustainable, safe, climate-friendly and innovative transport; underlines that it is the European Parliament’s priority to provide sufficientappropriate funding for projects with European added value, including the cross- border transport links;
2016/10/17
Committee: TRAN
Amendment 38 #
Motion for a resolution
Recital E
E. whereas the EIB, as the institution responsible for the heavily leveraged and therefore risky implementation of the European Fund for Strategic Investments (EFSI), should maintain solid financial results and a high quality of asset portfolio;
2016/10/24
Committee: ECON
Amendment 40 #
Motion for a resolution
Recital F
F. whereas the EIB should help address regional inequalities on the basis ofonly financinge sound investment projects; whereas, in particular, the EIB should devise additional ways of sustaining the economic development of countries that have habeen allowed to apply a stabilisation programme;
2016/10/24
Committee: ECON
Amendment 47 #
Motion for a resolution
Recital G
G. whereas the EIB should tackle youth unemployment by equipping young people with the required set of skills and provide access to finance linked to the employment of young people;deleted
2016/10/24
Committee: ECON
Amendment 51 #
Motion for a resolution
Recital H
H. whereas particular consideration must be given to climate change in the assessment and monitoring of all projects;deleted
2016/10/24
Committee: ECON
Amendment 57 #
Motion for a resolution
Paragraph 1
1. Stresses that the current crisis has significantly weakened potential growth in the European economy and that one of the main factors is the decline in public and private investment in the EU, to approximately 18 % below 2007 levelsat the Member States of the EU are only competitive to a limited extent and some are not competitive at all; in extreme cases such as Greece and Portugal the declining public and private investment has reached alarming levels and, according to the OECD, gross national income (GNI) has declined by 65 % in Greece and by 35 % in Portugal from 2007 levels;
2016/10/24
Committee: ECON
Amendment 58 #
Draft opinion
Paragraph 5
5. Calls on the Commission to develop new common EU regulations on the use of innovative financial instruments such as public-private partnerships or project bonds;deleted
2016/10/17
Committee: TRAN
Amendment 68 #
Motion for a resolution
Paragraph 2
2. Underlines the fact that the strengthening of EUthe competitiveness depends among other things onof the Member States would contribute to an increase in public and private investment, especially in innovation and digitalisation;
2016/10/24
Committee: ECON
Amendment 75 #
Draft opinion
Paragraph 7
7. Calls on the Commission and the EIB to support investment in sustainable urban mobility in order to reduce the air pollution andimprove mobility and reduce congestion in European cities;
2016/10/17
Committee: TRAN
Amendment 83 #
Motion for a resolution
Paragraph 3
3. Notes the stability of the EIB lending signed in 2015 (EUR 77.5 billion, after EUR 77 billion in 2014); points out that, while the figure complies with the target announced in the EIB Operational Plan 2015-2017, given the current context should encourage the bank to, which is characterised by a lack of lucrative investments, the bank should not adopt any more ambitious objectives;
2016/10/24
Committee: ECON
Amendment 89 #
Motion for a resolution
Paragraph 4
4. WelcomesTakes note of the fact that the EIB was able to deliver the commitment entered into with its shareholders of at least 180 billion in overall investment; warns that strains could arise in the future as a result of the risks taken, for which provisions should be drawn up;
2016/10/24
Committee: ECON
Amendment 91 #
Motion for a resolution
Paragraph 5
5. Points out that a new increase in capital desershould not be givesn consideration, with the objective of safeguarding and that the bank’s financing capacity for the coming years will be restricted by the anticipated burdens;
2016/10/24
Committee: ECON
Amendment 94 #
Motion for a resolution
Paragraph 6
6. Takes the view that an increase in EIB lending activity could be achieved through better diversification of its product range, including greater use of public-private partnerships (PPP) and other innovative instruments in order to better address market needs;deleted
2016/10/24
Committee: ECON
Amendment 104 #
Motion for a resolution
Paragraph 7
7. Welcomes the factNotes that in 2015 the EIB provided EUR 1.35 billion for investment in projects across Greece; notes that the EIB has provided more than EUR 12 billion for investment in Greece since the beginning of the crisis; points out that the spending took place with a lack of transparency and in parallel to the adjustment programmes and therefore obfuscates the real costs of the crisis;
2016/10/24
Committee: ECON
Amendment 109 #
Motion for a resolution
Paragraph 8
8. Calls on the EIB to increase its support to EU countries under adjustment programmes in order to contribute to jump-starting their economies;deleted
2016/10/24
Committee: ECON
Amendment 118 #
Motion for a resolution
Paragraph 9
9. Stresses that investment financing should be increased in the industrial sector, especially where exports are concerned, because without a considerable increase in exports the probability of a successful conclusion to an adjustment programme will be diminished;deleted
2016/10/24
Committee: ECON
Amendment 132 #
Motion for a resolution
Paragraph 10
10. Invites the EIB to present an assessment of the potential effect that Brexit might have on its financial status and activities; invites the EIB to present an assessment of the effect that the withdrawal of a Member State from the euro area might have on its financial status and activities;
2016/10/24
Committee: ECON
Amendment 154 #
Motion for a resolution
Paragraph 11
11. SupportNotes the emphasis placed by the EIB on the financing of small and medium- sized enterprises (SMEs), with 37 % of the new lending granted in 2015 (EUR 28.4 billion); welcomnotes in particular the fact that the EIB operations helped to create and sustain 4.1 million jobs in Europe’s SMEs and midcaps (+13 % as compared to 2014); recalls that SMEs are the backbone of Europe’s economy, providing 85 % of all new jobs, and that supporting them must remain a fundamental objective of the bank;
2016/10/24
Committee: ECON
Amendment 164 #
Motion for a resolution
Paragraph 14
14. Welcomes the start of the EFSI, the legislation governing which entered into force in July 2015; underlines that the success of the programme is dependent upon its swift implementation;deleted
2016/10/24
Committee: ECON
Amendment 170 #
Motion for a resolution
Paragraph 15
15. Particularly welcomes the fact that total investment in EFSI approvals amounts to EUR 115.7 billion, which is equivalent to 37 % of the original target value (EUR 315 billion);deleted
2016/10/24
Committee: ECON
Amendment 180 #
Motion for a resolution
Paragraph 16
16. Calls for a wider use of the EIB’s financial instruments, in combination with the European Structural and Investment Fund (ESIF) and EFSI funds, to enhance regional development in the Member States, and underlines that a simplification of the ESIF-EFSI combination is needed;deleted
2016/10/24
Committee: ECON
Amendment 192 #
Motion for a resolution
Paragraph 17
17. Points out that effective cooperation with the National Promotional Banks (NPBs) can help the EIB to select the best projects in each Member State; warns of a conflict of interests if national development banks point out investment opportunities to the EIB but do not take advantage of them themselves;
2016/10/24
Committee: ECON
Amendment 199 #
Motion for a resolution
Paragraph 18
18. Calls for the establishment of investment platforms in order for the Member States to profit rapidly from the EFSI objectives;deleted
2016/10/24
Committee: ECON
Amendment 209 #
Motion for a resolution
Paragraph 19
19. Welcomesarns of the risks associated with the strong increase in EIB lending to innovative projects, which stood at EUR 18.7 billion in 2015, as compared to less than EUR 10 billion in 2008; urges the EIB to continue this effort and to focus on the development of technologies for the future such as energy-efficiency transport, the digital economy and new medical treatments for a better life; believes that concentrating on InnovFin and FinTech will attract projects with added value in the Member Stateso deal with economic risks accordingly;
2016/10/24
Committee: ECON
Amendment 217 #
Motion for a resolution
Paragraph 20
20. Calls on the EIB to step up its efforts in developing technical assistance through its advisory hub rather than lending in order to promote the best management practices;
2016/10/24
Committee: ECON
Amendment 219 #
Motion for a resolution
Subheading 5
Tackling youth unemploymentdeleted
2016/10/24
Committee: ECON
Amendment 220 #
Motion for a resolution
Paragraph 21
21. Emphasises that the EIB should continue its programme ‘Skills and Jobs – Investing for Youth’ and carry on investing in human capital in order to equip young people with the necessary set of skills to provide them with access to finance linked to the employment of young people in SMEs and midcaps;deleted
2016/10/24
Committee: ECON
Amendment 223 #
Motion for a resolution
Paragraph 22
22. Takes the view that the EIB should devise ways of relaxing the conditionality for benefitting firms in regions with youth unemployment above 25 %, without calling into question the viability of the projects;deleted
2016/10/24
Committee: ECON
Amendment 228 #
Motion for a resolution
Paragraph 23
23. Calls on the EIB to foster the inclusion of investment in human capital in its scope of action, especially in Member States with high levels of unemployment and low rates of productivity;deleted
2016/10/24
Committee: ECON
Amendment 233 #
Motion for a resolution
Subheading 6
Climate actiondeleted
2016/10/24
Committee: ECON
Amendment 236 #
Motion for a resolution
Paragraph 24
24. Welcomes the growing involvement of the EIB with climate change, which was related to 50 % of the projects approved in 2015; climate finance totalled EUR 20.6 billion, the largest ever annual amount invested in it by the EIB;deleted
2016/10/24
Committee: ECON
Amendment 264 #
Motion for a resolution
Subheading 7
External lending mandadeleted
2016/10/24
Committee: ECON
Amendment 265 #
Motion for a resolution
Paragraph 25
25. Recalls that the external policy of the EIB, and in particular the regional technical operational guidelines, should be consistent with the external action goals of the EU as defined in Article 21 TEU; calls for full compliance with the legislation, and in particular the environmental and social standards, of the beneficiary countries;deleted
2016/10/24
Committee: ECON
Amendment 269 #
Motion for a resolution
Paragraph 26
26. Urges the EIB to improve the assessment of the impact of its projects outside the EU in order to ensure they are successfully implemented and that they fully comply with the objective of sustainable and inclusive growth;deleted
2016/10/24
Committee: ECON
Amendment 272 #
Motion for a resolution
Paragraph 27
27. Recalls that the technical assistance facility of the EIB is an essential complement to approved financing, especially in the extremely poor countries;deleted
2016/10/24
Committee: ECON
Amendment 284 #
Motion for a resolution
Paragraph 28
28. Asks the EIB to continuefocus on its action to tackle the refugee crisis by financing emergency projects in countries of destination and making long- term investments in the refugees’ countries of origin;
2016/10/24
Committee: ECON
Amendment 297 #
Motion for a resolution
Paragraph 29
29. Asks the EIB not to continue its social housing project lending in order to cope withspite of the large number of refugees in the EU Member States, as the majority of refugees arriving have no prospect of remaining in the EU in the long term and promoting social housing construction would lead to failed investments;
2016/10/24
Committee: ECON