Activities of Jonás FERNÁNDEZ related to 2023/0199(COD)
Plenary speeches (1)
Establishing the Strategic Technologies for Europe Platform (‘STEP’) (debate)
Shadow reports (1)
REPORT on the proposal for a regulation of the European Parliament and of the Council establishing the Strategic Technologies for Europe Platform (‘STEP’) and amending Directive 2003/87/EC, Regulations (EU) 2021/1058, (EU) 2021/1056, (EU) 2021/1057, (EU) No 1303/2013, (EU) No 223/2014, (EU) 2021/1060, (EU) 2021/523, (EU) 2021/695, (EU) 2021/697 and (EU) 2021/241
Shadow opinions (1)
OPINION on the proposal for a regulation of the European Parliament and of the Council establishing the Strategic Technologies for Europe Platform (‘STEP’) and amending Directive 2003/87/EC, Regulations (EU) 2021/1058, (EU) 2021/1056, (EU) 2021/1057, (EU) No 1303/2013, (EU) No 223/2014, (EU) 2021/1060, (EU) 2021/523, (EU) 2021/695, (EU) 2021/697 and (EU) 2021/241
Amendments (42)
Amendment 44 #
Proposal for a regulation
Recital 7
Recital 7
(7) The STEP should identify resources which should be implemented within the existing Union programmes and funds, the InvestEU, Horizon Europe, European Defence Fund and Innovation Fund. This should be accompanied by providing additional funding of EUR 103 billion. Of this, EUR 5 billion should be used to increase the endowment of the Innovation Fund46 and EUR 34,2 billion to increase the total amount of the EU guarantee available for the EU compartment under the InvestEU Regulation to EUR 710,5 billion,47 taking into account the relevant provisioning rate. EUR 0.51,3 billion should be made available to increase the financial envelope under the Horizon Europe Regulation,48 which should be amended accordingly; and EUR 1.2,5 billion to the European Defence Fund.49 _________________ 46 Directive 2003/87/EC establishing a scheme for greenhouse gas emission allowance trading (OJ L 275, 25.10.2003, p. 32). 47 Regulation (EU) 2021/523 establishing the InvestEU Programme (OJ L 107, 26.3.2021, p. 30). 48 Regulation (EU) 2021/695 establishing Horizon Europe (OJ L 170, 12.5.2021, p. 1). 49 Regulation (EU) 2021/697 establishing the European Defense Fund (OJ L 170, 12.5.2021, p. 149.)
Amendment 48 #
Proposal for a regulation
Recital 11
Recital 11
(11) While the STEP relies on the reprogramming and reinforcement of existing programmes for supporting strategic investments, it is also an important element for testing the feasibility and preparation of new interventions as a critical step towards a fully-fledged European Sovereignty Fund. The evaluation in 2025 will assess the relevance of the actions undertaken and serve as basis for assessing the need for an upscaling of the support towards strategic sectors in the post-2027 multiannual financial framework.
Amendment 50 #
Proposal for a regulation
Recital 12
Recital 12
(12) Directive 2003/87/EC54 should be amended to allow for additional financing with a financial envelope for the period 2024-2027 of EUR 5 billion. The Innovation Fund supports investments in innovative low-carbon technologies, which is a scope that is to be covered by the STEP. The increase in volume of the Innovation Fund should therefore allow to provide financing responding to the objective of supporting the development or manufacturing in the Union of critical clean technologies. In line with the objectives of ensuring social, territorial and economic cohesion and promoting the Single Market, and in order to support the green transition and the development of clean technologies throughout the Union, the additional financial envelope should be made available through calls for proposals open to entities from Member States whose average GDP per capita is below the EU average of the EU-27 measured in purchasing power standards (PPS) and calculated on the basis of Union figures for the period 2015-2017. _________________ 54 Directive 2003/87/EC establishing a scheme for greenhouse gas emission allowance trading (OJ L 275, 25.10.2003, p. 32).
Amendment 51 #
Proposal for a regulation
Recital 19
Recital 19
(19) InvestEU is the EU flagship programme to boost investment, especially the green and digital transition, by providing demand-driven financing, including through blending mechanisms, and technical assistance. Such approach contributes to crowd in additional public and private capital. Given the high market demand of InvestEU guarantee, the EU compartment of InvestEU should be reinforced to correspond to the objectives of the STEP. This will, among other things, reinforce InvestEU’s existing possibility to invest in projects forming part of an IPCEI, within the identified critical technology sectors. In addition, Member States are encouraged to contribute to the InvestEU Member State compartment to support financial products in line with the STEP objectives, without prejudice to applicable State aid rules. It should be possible for Member States to include as a measure in their recovery and resilience plans a cash contribution for the purpose of the Member State compartment of InvestEU to support objectives of the STEP. That additional contribution to support objectives of the STEP could reach up to 6% of their recovery and resilience plan’s total financial allocation to the Member State compartment of InvestEU. Additional flexibility and clarifications should also be introduced to better pursue the objectives of the STEP. In general, the Commission and all authorities in charge of programmes falling under STEP should be encouraged to ensure consistency, coherence, complementarity and synergy among sources of funding with the STEP objectives.
Amendment 53 #
Proposal for a regulation
Article 3 – paragraph 1 – point a
Article 3 – paragraph 1 – point a
(a) a Union guarantee referred to in Article 4(1) of Regulation (EU) 2021/523 with the indicative amount of EUR 710 500 000 000 That guarantee shall be implemented in accordance with Regulation (EU) 2021/523;
Amendment 54 #
Proposal for a regulation
Article 3 – paragraph 1 – point b
Article 3 – paragraph 1 – point b
(b) an amount of EUR 51 300 000 000 in current prices of the financial envelope referred to in point (i) of Article 12(2)(c) of Regulation (EU) 2021/695. That amount shall be implemented in accordance with Regulation (EU) 2021/695;
Amendment 55 #
Proposal for a regulation
Article 3 – paragraph 1 – point d
Article 3 – paragraph 1 – point d
(d) An amount of EUR 12 500 000 000 in current prices of the financial envelope refered to in Article 4(1) of Regulation (EU) 2021/697. That amount shall be implemented in accordance with Regulation (EU) 2021/697.
Amendment 67 #
Proposal for a regulation
Article 16 – paragraph 1 – point 2 – point a
Article 16 – paragraph 1 – point 2 – point a
Regulation (EU) 2021/523
Article 4 – paragraph 1 – first subparagraph
Article 4 – paragraph 1 – first subparagraph
The EU guarantee for the purposes of the EU compartment referred to in Article 9(1), point (a), shall be EUR 336 652 310 073 in current prices. It shall be provisioned at the rate of 40 %. The amount referred to in Article 35(3), first subparagraph, point (a), shall be also taken into account for contributing to the provisioning resulting from that provisioning rate.;
Amendment 68 #
Proposal for a regulation
Article 16 – paragraph 1 – point 2 – point b
Article 16 – paragraph 1 – point 2 – point b
Regulation (EU) 2021/523
Article 4 – paragraph 2 – second subparagraph
Article 4 – paragraph 2 – second subparagraph
An amount of EUR 218 827 310 073 in current prices of the amount referred to in the first subparagraph of paragraph 1 of this Article shall be allocated for the objectives referred to in Article 3(2).;
Amendment 71 #
Proposal for a regulation
Article 16 – paragraph 1 – point 6
Article 16 – paragraph 1 – point 6
Regulation (EU) 2021/523
Article 13 – paragraph 4
Article 13 – paragraph 4
4. At least 75 % of the EU guarantee under the EU compartment as referred to in Article 4(1), first subparagraph, amounting to at least EUR 25 237 489 232 554, shall be granted to the EIB Group. The EIB Group shall provide an aggregate financial contribution amounting to at least EUR 6 309 8872 308 138. That contribution shall be provided in a manner and form that facilitates the implementation of the InvestEU Fund and the achievement of the objectives set out in Article 15(2).;
Amendment 75 #
Proposal for a regulation
Article 16 – paragraph 1 – point 12
Article 16 – paragraph 1 – point 12
Regulation (EU) 2021/523
Annex I – point e
Annex I – point e
(e) up to EUR 710 500 000 000 for objectives referred to in Article 3(2), point (e).
Amendment 78 #
Proposal for a regulation
Article 17 – paragraph 1 – point 1 – point a
Article 17 – paragraph 1 – point 1 – point a
Regulation (EU) 2021/695
Article 12 – paragraph 1
Article 12 – paragraph 1
1. The financial envelope for the implementation of the Programme for the period from 1 January 2021 to 31 December 2027 shall be EUR 86 67 423 000 000 in current prices for the specific programme referred to in point (a) of Article 1(2) and for the EIT and EUR 910 453 000 000 in current prices for the specific programme referred to in point (c) of Article 1(2).
Amendment 79 #
Proposal for a regulation
Article 17 – paragraph 1 – point 1 – point b – introductory part
Article 17 – paragraph 1 – point 1 – point b – introductory part
(b) in paragraph 2, points (b) and (c) areis replaced by the following:
Amendment 80 #
Proposal for a regulation
Article 17 – paragraph 1 – point 1 – point b
Article 17 – paragraph 1 – point 1 – point b
Regulation (EU) 2021/695
Article 12 – paragraph 2 – point b
Article 12 – paragraph 2 – point b
Amendment 81 #
Proposal for a regulation
Article 18 – paragraph 1 – point 1 – point a
Article 18 – paragraph 1 – point 1 – point a
Regulation (EU) 2021/697
Article 4 – paragraph 1
Article 4 – paragraph 1
1. In accordance with Article 12(1) of Regulation (EU) 2021/695, the financial envelope for the implementation of the Fund for the period from 1 January 2021 to 31 December 2027 shall be EUR 910 453 000 000 in current prices.
Amendment 125 #
Proposal for a regulation
Recital 7
Recital 7
(7) The STEP should identify resources which should be implemented within the existing Union programmes and funds, the InvestEU, Horizon Europe, European Defence Fund and Innovation Fund. This should be accompanied by providing additional funding of EUR 103 billion. Of this, EUR 5 billion should be used to increase the endowment of the Innovation Fund46 and EUR 34,2 billion to increase the total amount of the EU guarantee available for the EU compartment under the InvestEU Regulation to EUR 710,5 billion,47 taking into account the relevant provisioning rate. EUR 0.51,3 billion should be made available to increase the financial envelope under the Horizon Europe Regulation,48 which should be amended accordingly; and EUR 1.2,5 billion to the European Defence Fund.49 _________________ 46 Directive 2003/87/EC establishing a scheme for greenhouse gas emission allowance trading (OJ L 275, 25.10.2003, p. 32). 47 Regulation (EU) 2021/523 establishing the InvestEU Programme (OJ L 107, 26.3.2021, p. 30). 48 Regulation (EU) 2021/695 establishing Horizon Europe (OJ L 170, 12.5.2021, p. 1). 49 Regulation (EU) 2021/697 establishing the European Defense Fund (OJ L 170, 12.5.2021, p. 149.)
Amendment 134 #
Proposal for a regulation
Recital 9
Recital 9
(9) To that end, it should be possible to rely on assessments made for the purposes of other Union programmes in accordance with Articles 126 and 127 of Regulation (EU, Euratom) 2018/1046,52 in order to reduce administrative burden for beneficiaries of Union funds and encourage investment in priority technologies. Provided they comply with the provisions of the RRF Regulation,53 Member States should consider including actions awarded the Sovereignty Seal when preparing their recovery and resilience plans and when proposamending their Recovering and Resilience Plans and when deciding on investment projects to be financed from its share of the Modernisation Fund. The Sovereignty Seal should also be taken into account by the Commission in the context of the procedure provided for in Article 19 of the EIB Statute and of the policy check laid down in Article 23 of the InvestEU Regulation. In addition, the implementing partners should be required to examine projects having been awarded the Sovereignty Seal in case they fall within their geographic and activity scope in accordance with Article 26(5) of that Regulation. Authorities in charge of programmes falling under STEP should also be encouraged to consider support for strategic projects identified in accordance with the Net Zero Industry and the Critical Raw Materials Acts that are within the scope of Article 2 of the Regulation and for which rules on cumulative funding may apply. _________________ 52 Regulation (EU, Euratom) 2018/1046 on the financial rules applicable to the general budget of the Union (OJ L 193, 30.7.2018, p. 1). 53 Regulation (EU) 2021/241 establishing the Recovery and Resilience Facility (OJ L 57, 18.2.2021, p. 17).
Amendment 145 #
Proposal for a regulation
Recital 11
Recital 11
(11) While the STEP relies on the reprogramming and reinforcement of existing programmes for supporting strategic investments, it is also an important element for testing the feasibility and preparation of new interventions as a critical step towards a fully-fledged European Sovereignty Fund. The evaluation in 2025 will assess the relevance of the actions undertaken and serve as basis for assessing the need for an upscaling of the support towards strategic sectors in the post-2027 multiannual financial framework.
Amendment 153 #
Proposal for a regulation
Recital 12
Recital 12
(12) Directive 2003/87/EC54 should be amended to allow for additional financing with a financial envelope for the period 2024-2027 of EUR 5 billion. The Innovation Fund supports investments in innovative low-carbon technologies, which is a scope that is to be covered by the STEP. The increase in volume of the Innovation Fund should therefore allow to provide financing responding to the objective of supporting the development or manufacturing in the Union of critical clean technologies. In line with the objectives of ensuring social, territorial and economic cohesion and promoting the Single Market, and in order to support the green transition and the development of clean technologies throughout the Union, the additional financial envelope should be made available through calls for proposals open to entities from Member States whose average GDP per capita is below the EU average of the EU-27 measured in purchasing power standards (PPS) and calculated on the basis of Union figures for the period 2015-2017. _________________ 54 Directive 2003/87/EC establishing a scheme for greenhouse gas emission allowance trading (OJ L 275, 25.10.2003, p. 32).
Amendment 161 #
Proposal for a regulation
Recital 14 a (new)
Recital 14 a (new)
Amendment 172 #
Proposal for a regulation
Recital 19
Recital 19
(19) InvestEU is the EU flagship programme to boost investment, especially the green and digital transition, by providing demand-driven financing, including through blending mechanisms, and technical assistance. Such approach contributes to crowd in additional public and private capital. Given the high market demand of InvestEU guarantee, the EU compartment of InvestEU should be reinforced to correspond to the objectives of the STEP. This will, among other things, reinforce InvestEU’s existing possibility to invest in projects forming part of an IPCEI, within the identified critical technology sectors. In addition, Member States are encouraged to contribute to the InvestEU Member State compartment to support financial products in line with the STEP objectives, without prejudice to applicable State aid rules. It should be possible for Member States to include as a measure in their recovery and resilience plans a cash contribution for the purpose of the Member State compartment of InvestEU to support objectives of the STEP. That additional contribution to support objectives of the STEP could reach up to 6% of their recovery and resilience plan’s total financial allocation to the Member State compartment of InvestEU. Additional flexibility and clarifications should also be introduced to better pursue the objectives of the STEP. ly, Member States should be able to take the unused RRF loans in order to make cash contributions to their Member State compartments of InvestEU to support objectives of the STEP. Additional flexibility and clarifications should also be introduced to better pursue the objectives of the STEP. In general, the Commission and all authorities in charge of programmes falling under STEP should be encouraged to ensure consistency, coherence, complementarity and synergy among sources of funding with the STEP objectives
Amendment 174 #
Proposal for a regulation
Recital 19 a (new)
Recital 19 a (new)
(19a) The legal deadline for Member States to request loan support under the RRF expired on 31 August 2023. In light of the requests submitted until the deadline, around EUR 93 billion would remain unused and should be devoted to the objectives of the STEP. According to the EURI Regulation, loans need to be granted to Member States no later than 31 December 2023. Given the tight timetable, a speedy granting procedure should be established for those Member States willing to take the loans. As a counterpart, Member States will use the proceeds of the loan to provide cash contributions to the Member State compartment of InvestEU to support objectives of the STEP, which implies that the funds would be under the control of the EIB.
Amendment 176 #
Proposal for a regulation
Recital 20
Recital 20
(20) Horizon Europe is the EU’s key funding programme for research and innovation, and its European Innovation Council (EIC) provides for support for innovations with potential breakthrough and disruptive nature with scale-up potential that may be too risky for private investors. Additional flexibility should be provided for under Horizon Europe, so that the EIC Accelerator can provide equity- only support to non-bankable SMEs, including start-ups, and non-bankable SMEs and small mid-caps, carrying out innovation in the technologies supported by the STEP and regardless of whether they previously received other types of support from the EIC Accelerator. The implementation of the EIC Fund is currently limited to a maximum investment amount of EUR 15 million except in exceptional cases and cannot accommodate follow-on financing rounds or larger investment amounts. Allowing for equity- only support for non-bankable SMEs and small mid-caps would address the existing market gap with investments needs in the range of EUR 15 to 50 million. Moreover, experience has shown that the amounts committed for the EIC Pilot under Horizon2020 are not fully used. These unused funds should be made available for the purposes of the EIC Accelerator under Horizon Europe. Research decommitments according to Article 15(3) of the Financial Regulation, as a result of total or partial non-implementation of research projects, should also be channelled to STEP objectives. The Horizon Europe Regulation should also be amended to reflect the increased envelope for the European Defence Fund.
Amendment 228 #
Proposal for a regulation
Article 3 – paragraph 1 – point a
Article 3 – paragraph 1 – point a
(a) a Union guarantee referred to in Article 4(1) of Regulation (EU) 2021/523 with the indicative amount of EUR 710 500 000 000 That guarantee shall be implemented in accordance with Regulation (EU) 2021/523;
Amendment 230 #
Proposal for a regulation
Article 3 – paragraph 1 – point b
Article 3 – paragraph 1 – point b
(b) an amount of EUR 51 300 000 000 in current prices of the financial envelope referred to in point (i) of Article 12(2)(c) of Regulation (EU) 2021/695. That amount shall be implemented in accordance with Regulation (EU) 2021/695;
Amendment 239 #
Proposal for a regulation
Article 3 – paragraph 1 – point d
Article 3 – paragraph 1 – point d
(d) An amount of EUR 12 500 000 000 in current prices of the financial envelope referred to in Article 4(1) of Regulation (EU) 2021/697. That amount shall be implemented in accordance with Regulation (EU) 2021/697.
Amendment 303 #
Proposal for a regulation
Article 9 – paragraph 1 – point 1
Article 9 – paragraph 1 – point 1
Directive 2003/87/EC
Article 10 – subsection a – point 8 – sixth subparagraph
Article 10 – subsection a – point 8 – sixth subparagraph
In addition to the allowances referred to in the first to fifth subparagraphs of this paragraph, the Innovation Fund shall also implement a financial envelope for the period from 1 January 2024 to 31 December 2027 of EUR 5 000 000 000 in current prices for supporting investments contributing to the STEP objective referred to in Article 2, point (a)(ii) of Regulation .../...63 [STEP Regulation]. This financial envelope shall be made available to support investments only in Member States whose average GDP per capita is below the EU average of the EU-27 measured in purchasing power standards (PPS) and calculated on the basis of Union figures for the period 2015-2017 to promote convergence and territorial cohesion in the Union. _________________ 63 Regulation …/… of the European Parliament and of the Council … [insert full title and OJ reference].
Amendment 314 #
Proposal for a regulation
Article 10 – paragraph 1 – point 4
Article 10 – paragraph 1 – point 4
when they contribute to the STEP objectives referred to in Article 2 of Regulation .../... [STEP Regulation] under specific objective under PO 1 set out in Article 3(1), first subparagraph, point (a)(vi) or to the specific objective under PO 2 set out in point (b)(ix) of that subparagraph, in less developed and transition regions, as well as more developed regions in Member States whose average GDP per capita is below the EU average of the EU-27 measured in purchasing power standards (PPS) and calculated on the basis of Union figures for the period 2015-2017.
Amendment 339 #
Proposal for a regulation
Article 16 – paragraph 1 – point 2 – point a
Article 16 – paragraph 1 – point 2 – point a
Regulation (EU) 2021/523
Article 4 – paragraph 1 – first subparagraph
Article 4 – paragraph 1 – first subparagraph
The EU guarantee for the purposes of the EU compartment referred to in Article 9(1), point (a), shall be EUR 336 652 310 073 in current prices. It shall be provisioned at the rate of 40 %. The amount referred to in Article 35(3), first subparagraph, point (a), shall be also taken into account for contributing to the provisioning resulting from that provisioning rate.;
Amendment 341 #
Proposal for a regulation
Article 16 – paragraph 1 – point 2 – point a a (new)
Article 16 – paragraph 1 – point 2 – point a a (new)
Regulation (EU) 2021/523
Article 4 – paragraph 1 – fourth subparagraph
Article 4 – paragraph 1 – fourth subparagraph
(aa) In paragraph 1, the following new fourth subparagraph is inserted: 'An additional amount of the EU guarantee may also be provided in the form of cash by Member States to the Member State compartment of InvestEU to support objectives of the STEP. In particular, loans granted to Member States pursuant to Article 33a of Regulation 2021/241 [RRF Regulation] shall be provided for these purposes.'
Amendment 344 #
Proposal for a regulation
Article 16 – paragraph 1 – point 2 – point b
Article 16 – paragraph 1 – point 2 – point b
Regulation (EU) 2021/523
Article 4 – paragraph 2 – second subparagraph
Article 4 – paragraph 2 – second subparagraph
An amount of EUR 218 827 310 073 in current prices of the amount referred to in the first subparagraph of paragraph 1 of this Article shall be allocated for the objectives referred to in Article 3(2).;
Amendment 347 #
Proposal for a regulation
Article 16 – paragraph 1 – point 4 a (new)
Article 16 – paragraph 1 – point 4 a (new)
Regulation (EU) 2021/523
Article 9 – paragraph 1 – point b – subparagraph (new)
Article 9 – paragraph 1 – point b – subparagraph (new)
(4a) In Article 9(1), a new subparagraph is added in point (b): 'The additional amount provided by a Member State in the form of cash under the fourth subparagraph of Article 4(1) shall be earmarked for projects contributing to the objectives referred to in Article 2 of Regulation .../... [STEP Regulation].'
Amendment 348 #
Proposal for a regulation
Article 16 – paragraph 1 – point 4 b (new)
Article 16 – paragraph 1 – point 4 b (new)
Regulation (EU) 2021/523
Article 10 – paragraph 3 – point h (new)
Article 10 – paragraph 3 – point h (new)
(4b) In Article 10, a new point (h) is inserted in paragraph 3: '(h) any contribution in the form of cash to the Member State compartment made with the proceeds of RRF loans pursuant to Article 33a of Regulation 2021/241 [RRF Regulation]'
Amendment 349 #
Proposal for a regulation
Article 16 – paragraph 1 – point 5 a (new)
Article 16 – paragraph 1 – point 5 a (new)
Regulation (EU) 2021/523
Article 11 – paragraph 1 – point b – item viii (new)
Article 11 – paragraph 1 – point b – item viii (new)
(5a) In Article 11(1) a new item (viii) is inserted in point (b): '(viii) monitoring the implementation and the consistency with the NRRPs of the STEP projects financed with the proceeds of RRF loans.'
Amendment 354 #
Proposal for a regulation
Article 16 – paragraph 1 – point 6
Article 16 – paragraph 1 – point 6
Regulation (EU) 2021/523
Article 13 – paragraph 4
Article 13 – paragraph 4
4. At least 75 % of the EU guarantee under the EU compartment as referred to in Article 4(1), first subparagraph, amounting to at least EUR 25 237 489 232 554, shall be granted to the EIB Group. The EIB Group shall provide an aggregate financial contribution amounting to at least EUR 6 309 8872 308 138. That contribution shall be provided in a manner and form that facilitates the implementation of the InvestEU Fund and the achievement of the objectives set out in Article 15(2).;
Amendment 356 #
Proposal for a regulation
Article 16 – paragraph 1 – point 6 a (new)
Article 16 – paragraph 1 – point 6 a (new)
Regulation (EU) 2021/523
Article 13 – paragraph 7 – second subparagraph
Article 13 – paragraph 7 – second subparagraph
(6a) In article 13(7), the second subparagraph is replaced by the following: 'Contracts between the implementing partner and the final recipient or the financial intermediary or other entity referred to in point (a) of Article 16(1) under the EU guarantee referred to in the first subparagraph of Article 4(2) shall be signed at the latest two years after the approval of the relevant financing or investment operation by the implementing partner. In other cases, contracts between the implementing partner and the final recipient or the financial intermediary or other entity referred to in point (a) of Article 16(1) shall be signed by 31 December 2028.'
Amendment 374 #
Proposal for a regulation
Article 16 – paragraph 1 – point 12
Article 16 – paragraph 1 – point 12
Regulation (EU) 2021/523
Annex I – point (e)
Annex I – point (e)
(e) up to EUR 710 500 000 000 for objectives referred to in Article 3(2), point (e).
Amendment 379 #
Proposal for a regulation
Article 17 – paragraph 1 – point 1 – point a
Article 17 – paragraph 1 – point 1 – point a
Regulation (EU) 2021/695
Article 12 – paragraph 1
Article 12 – paragraph 1
1. The financial envelope for the implementation of the Programme for the period from 1 January 2021 to 31 December 2027 shall be EUR 86 67 423 000 000 in current prices for the specific programme referred to in point (a) of Article 1(2) and for the EIT and EUR 910 453 000 000 in current prices for the specific programme referred to in point (c) of Article 1(2).
Amendment 380 #
Proposal for a regulation
Article 17 – paragraph 1 – point 1 – point b – introductory part
Article 17 – paragraph 1 – point 1 – point b – introductory part
Regulation (EU) 2021/695
Article 12 – paragraph 2 – point c
Article 12 – paragraph 2 – point c
(b) in paragraph 2, points (b) and (c) areis replaced by the following: ‘(c) EUR 13 237 000 000 for Pillar III 'Innovative Europe' for the period 2021 to 2027, of which: (i) EUR 10 052 000 000 for the EIC; (ii) EUR 459 000 000 for European innovation ecosystems; (iii) EUR 2 726 000 000 for the EIT;’
Amendment 386 #
Proposal for a regulation
Article 18 – paragraph 1 – point 1 – point a
Article 18 – paragraph 1 – point 1 – point a
Regulation (EU) 2021/697
Article 4 – paragraph 1
Article 4 – paragraph 1
1. In accordance with Article 12(1) of Regulation (EU) 2021/695, the financial envelope for the implementation of the Fund for the period from 1 January 2021 to 31 December 2027 shall be EUR 910 453 000 000 in current prices.
Amendment 390 #
Proposal for a regulation
Article 19 – paragraph 1 – point 1
Article 19 – paragraph 1 – point 1
Regulation (EU) 2021/241
Article 7 – paragraph 3
Article 7 – paragraph 3
3. Without prejudice to paragraph 2, Member States may also propose to include in their recovery and resilience plan, as estimated costs, the amount of the cash contribution for the purpose of the Member State compartment pursuant to the relevant provisions of the InvestEU Regulation exclusively for measures supporting investment operations contributing to the STEP objectives referred to in Article 2 of Regulation .../...71 [STEP Regulation]. Those costs shall not exceed 6 % of the recovery and resilience plan’s total financial allocation, and the relevant measures, as set out in the recovery and resilience plan, shall respect the requirements of this Regulation. This limitation shall not apply to the cash contributions made pursuant to Article 33a. _________________ 71 Regulation …/… of the European Parliament and of the Council … [insert full title and OJ reference].
Amendment 392 #
Proposal for a regulation
Article 19 – paragraph 1 – point 2 a (new)
Article 19 – paragraph 1 – point 2 a (new)
Regulation (EU) 2021/241
New Chapter VII a – Article 33 a (new)
New Chapter VII a – Article 33 a (new)