40 Amendments of Beatrix von STORCH related to 2016/2099(INI)
Amendment 20 #
Motion for a resolution
Recital C
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;
Amendment 20 #
Draft opinion
Paragraph 1
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;
Amendment 28 #
Motion for a resolution
Recital D
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;
Amendment 34 #
Draft opinion
Paragraph 2
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;
Amendment 38 #
Motion for a resolution
Recital E
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;
Amendment 40 #
Motion for a resolution
Recital F
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;
Amendment 47 #
Motion for a resolution
Recital G
Recital G
Amendment 51 #
Motion for a resolution
Recital H
Recital H
Amendment 57 #
Motion for a resolution
Paragraph 1
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;
Amendment 58 #
Draft opinion
Paragraph 5
Paragraph 5
Amendment 68 #
Motion for a resolution
Paragraph 2
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;
Amendment 75 #
Draft opinion
Paragraph 7
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;
Amendment 83 #
Motion for a resolution
Paragraph 3
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;
Amendment 89 #
Motion for a resolution
Paragraph 4
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;
Amendment 91 #
Motion for a resolution
Paragraph 5
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;
Amendment 94 #
Motion for a resolution
Paragraph 6
Paragraph 6
Amendment 104 #
Motion for a resolution
Paragraph 7
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;
Amendment 109 #
Motion for a resolution
Paragraph 8
Paragraph 8
Amendment 118 #
Motion for a resolution
Paragraph 9
Paragraph 9
Amendment 132 #
Motion for a resolution
Paragraph 10
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;
Amendment 154 #
Motion for a resolution
Paragraph 11
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;
Amendment 164 #
Motion for a resolution
Paragraph 14
Paragraph 14
Amendment 170 #
Motion for a resolution
Paragraph 15
Paragraph 15
Amendment 180 #
Motion for a resolution
Paragraph 16
Paragraph 16
Amendment 192 #
Motion for a resolution
Paragraph 17
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;
Amendment 199 #
Motion for a resolution
Paragraph 18
Paragraph 18
Amendment 209 #
Motion for a resolution
Paragraph 19
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;
Amendment 217 #
Motion for a resolution
Paragraph 20
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;
Amendment 219 #
Motion for a resolution
Subheading 5
Subheading 5
Amendment 220 #
Motion for a resolution
Paragraph 21
Paragraph 21
Amendment 223 #
Motion for a resolution
Paragraph 22
Paragraph 22
Amendment 228 #
Motion for a resolution
Paragraph 23
Paragraph 23
Amendment 233 #
Motion for a resolution
Subheading 6
Subheading 6
Amendment 236 #
Motion for a resolution
Paragraph 24
Paragraph 24
Amendment 264 #
Motion for a resolution
Subheading 7
Subheading 7
Amendment 265 #
Motion for a resolution
Paragraph 25
Paragraph 25
Amendment 269 #
Motion for a resolution
Paragraph 26
Paragraph 26
Amendment 272 #
Motion for a resolution
Paragraph 27
Paragraph 27
Amendment 284 #
Motion for a resolution
Paragraph 28
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;
Amendment 297 #
Motion for a resolution
Paragraph 29
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;