[ParlTrack]

Proposal for a decision
Recital 8

~~(8) Given that Moldova is a country covered by the ENP, it should be considered to be eligible to receive macro- financial assistance from the Union.~~deleted

2017/03/17
Committee: AFET

James CARVER

Proposal for a decision
Recital 10

(10) Given that there is still a significant residual external financing gap in Moldova's balance of payments over and above the resources provided by IMF and other multilateral institutions, the Union macro-financial assistance to be provided to Moldova is, under the current exceptional circumstances, considered to be an appropriate response to Moldova's request for support to the economic stabilisation, in conjunction with the IMF programme. The Union's macro-financial assistance would support the economic stabilisation and the structural reform agenda of Moldova, supplementing resources made available under the IMF's financial arrangement.deleted

2017/03/17
Committee: AFET

James CARVER

Proposal for a decision
Recital 16

(16) The Union's macro-financial assistance should support the Union's external policy towards Moldova. Commission services and the European External Action Service should work closely together throughout the macro- financial assistance operation in order to coordinate, and to ensure the consistency of, Union external policy.deleted

2017/03/17
Committee: AFET

James CARVER

Proposal for a decision
Article 1 – paragraph 1

1. The Union shall make macro- financial assistance of a maximum amount of EUR 100 million available to Moldova ("the Union's macro-financial assistance"), with a view to supporting Moldova's economic stabilisation and a substantive reform agenda. Of that maximum amount, up to EUR 60 million shall be provided in the form of loans and up to EUR 40 million in the form of grants. The release of the Union's macro- financial assistance is subject to the approval of the Union budget for the relevant year by the European Parliament and the Council. The assistance shall contribute to covering Moldova's balance of payments needs as identified in the IMF programme.deleted

2017/03/17
Committee: AFET

James CARVER

Proposal for a decision
Article 1 – paragraph 2

2. In order to finance the loan component of the Union's macro- financial assistance, the Commission shall be empowered on behalf of the Union to borrow the necessary funds on the capital markets or from financial institutions and to on-lend them to Moldova. The loans shall have a maximum average maturity of 15 years.deleted

2017/03/17
Committee: AFET

5 Amendments of James CARVER related to 2017/0007(COD)

ParlTrack - 2011-2024