2 Amendments of Andrew LEWER related to 2015/0009(COD)
Amendment 113 #
Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 2
Article 3 – paragraph 5 – subparagraph 2
The Investment Committee shall be composed of six independent experts and the Managing Director. Independent experts shall have a high level of relevant market experience in project finance, awareness on regional specificities and disparities and be appointed by the Steering Board for a renewable fixed term of three years.
Amendment 150 #
Proposal for a regulation
Article 9 – paragraph 2 a (new)
Article 9 – paragraph 2 a (new)
2 a. The Commission and the EIB shall note that projects that the market has not wished to embark upon unaided is often due to said projects not being viable. The Commission and the EIB shall put fiscal prudence ahead of trying to reach headline grabbing targets or to see spending public money on the EFSI as a positive end in itself.