Activities of Ulrike TREBESIUS related to 2016/2064(INI)
Shadow opinions (1)
OPINION Implementation of the European Fund for Strategic Investments
Amendments (8)
Amendment 10 #
Draft opinion
Paragraph 1
Paragraph 1
1. Believes that the main aim of projects financed under the European Fund for Strategic Investments (EFSI) should be to create growth and a dynamic labour market in Europe, and hence to enhance the well-being of EU citizens; maintains that the EFSI should focus on launching potential economically successful long- term projects as this will be the most effective way to create jobs in the long run;
Amendment 12 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Believes that EFSI could be an important step in demonstrating the effectiveness of making more innovative use of the EU budget, leveraging the EU budget to boost investment in the real economy; emphasises that it is too early to draw conclusions about its general effectiveness according to the ECA;
Amendment 26 #
Draft opinion
Paragraph 2
Paragraph 2
2. Calls on the Commission and the Member States to help SMEs and micro- enterprises to tap into funding more easily, so as to increase their capacity to implement projects and afford them better access to advisory services and technical support; notes that the SME funding seems to be the most successful part of EFSI financing; notes that the success of the SME window is due to frontloading other EU SME initiatives but that there is an argument to increase this window if quality requirements are maintained;
Amendment 42 #
Draft opinion
Paragraph 4
Paragraph 4
4. Calls for the EFSI to operate in closer conjunction with the Structural FundPoints out that developed countries in western Europe attract most of the EFSI financing; warns that this could lead to extending the gap between strong and weak regions; maintains that while there should not be any regional or sectorial focus or pre-allocation when spending EFSI money the EFSI should operate in closer conjunction with the Structural Funds to help weaker regions overcome bureaucratic deficits that limit EFSI applications;
Amendment 57 #
Draft opinion
Paragraph 5
Paragraph 5
5. Calls on the Commission to engage more actively in consultation at local level, especially in cooperation with national investment banks; believes that the EFSI should focus in particular on business startup projects and; maintains that successful projects to reduce unemployment;
Amendment 63 #
Draft opinion
Paragraph 6
Paragraph 6
Amendment 76 #
Draft opinion
Paragraph 7
Paragraph 7
7. Considers it disappointing that the Commission’s assnecessary to develop more clearly the concept of additionality in order to not crowd out private invesstment of the EFSI has failed to record the number of jobs created to date under the Fundand to effectively spend taxpayer money; points out that only with clear additionality the number of jobs created to date under the Fund can be assessed by the Commission; believes that greater effort must be made to establish a performance-based public budgeting model in which each project is accompanied by objectives and outputs to be measured by performance indicators;
Amendment 94 #
Draft opinion
Paragraph 8
Paragraph 8
8. Calls on the Member States to lay down more clear-cut investment priorities and to draw up projects in collaboration with the European Investment Advisory Hub; calls on the Commission to work in closer cooperation with Member States in the European Semester process in order to help them begin as soon as possible to implement the recommendations, in particular by carrying out economic and social reforms, thus removing national barriers to investment; reminds that only the 'virtuous triangle' of structural reforms, responsible fiscal policies and investment will lead to success.