BETA

Activities of Johan VAN OVERTVELDT

Plenary speeches (93)

Presentation of the programme of activities of the Finnish Presidency of the Council (debate)
2019/07/17
Appointment of the President of the European Central Bank - Candidate: Ms Christine Lagarde (debate)
2019/09/17
Dossiers: 2019/0810(NLE)
Presentation by the Council of its position on the draft general budget - 2020 financial year (debate)
2019/09/18
Effects of the bankruptcy of Thomas Cook Group (debate)
2019/10/21
General budget of the European Union for 2020 - all sections (debate)
2019/10/22
Dossiers: 2019/2028(BUD)
Climate and ecological emergency (topical debate)
2019/10/23
Preparation of the European Council meeting of 12 and 13 December 2019 (debate)
2019/11/26
2020 budgetary procedure: joint text (debate)
2019/11/26
Dossiers: 2019/2028(BUD)
2020 budgetary procedure: joint text (debate)
2019/11/26
Dossiers: 2019/2028(BUD)
The European Green Deal (debate)
2019/12/11
Appointment of members of the Executive Board of the European Central Bank (debate)
2019/12/16
Dossiers: 2019/0817(NLE)
Conclusions of the European Council meeting of 12 and 13 December 2019 (debate)
2019/12/18
Sustainable investment plan, just transition fund and Roadmap on Social Europe (debate)
2020/01/14
European Central Bank - annual report 2018 (debate)
2020/02/11
Dossiers: 2019/2129(INI)
Preparation of the Extraordinary European Council Meeting of 20 February 2020 on the Multiannual Financial Framework (debate)
2020/02/12
Conclusions of the special European Council meeting of 20 February 2020 on the Multiannual Financial framework (debate)
2020/03/10
Conclusions of the special European Council meeting of 20 February 2020 on the Multiannual Financial framework (debate)
2020/03/10
European coordinated response to the COVID-19 outbreak (debate)
2020/03/26
EU coordinated action to combat the COVID-19 pandemic and its consequences (continuation of debate)
2020/04/16
Dossiers: 2020/2616(RSP)
Conclusions of the extraordinary European Council meeting of 23 April 2020 - New MFF, own resources and Recovery plan (debate)
2020/05/13
Dossiers: 2020/2631(RSP)
EU Recovery package (debate)
2020/05/27
Protecting European strategic sectors from foreign takeovers in a post-COVID world (continuation of debate)
2020/06/17
Conclusions of the European Council meeting of 19 June 2020 - Preparation of the European Council meeting of 17-18 July 2020 (debate)
2020/07/08
Conclusions of the extraordinary European Council meeting of 17-21 July 2020 (continuation of debate)
2020/07/23
Dossiers: 2020/2732(RSP)
Conclusions of the Special European Council meeting of 1 and 2 October 2020 - Preparation of the European Council meeting of 15 and 16 October 2020 (debate)
2020/10/06
European Climate Law (debate)
2020/10/06
Dossiers: 2020/0036(COD)
Multiannual Financial Framework (including Own Resources), Rule of Law Conditionality Mechanism and the Recovery Fund for Europe (debate)
2020/11/11
New general budget of the European Union for the financial year 2021 (debate)
2020/12/14
Conclusions of the European Council meeting of 10-11 December 2020 – MFF, Rule of Law Conditionality and Own Resources – Council regulation laying down the multiannual financial framework for the years 2021 to 2027 – Proposal for an Interinstitutional Agreement between the European Parliament, the Council and the Commission on budgetary discipline, on cooperation in budgetary matters and on sound financial management, as well as on new own resources, including a roadmap towards the introduction of new own resources – Regulation on the protection of the Union’s budget in case of generalised deficiencies as regards the rule of law in the Member States (debate)
2020/12/16
Dossiers: 2018/0166(APP)
Social and employment crisis in the COVID-19 pandemic and the EU's response in the Recovery Plan and the MFF (debate)
2021/01/20
European Central Bank – annual report 2020 (debate)
2021/02/08
Dossiers: 2020/2123(INI)
Establishing the Recovery and Resilience Facility (debate)
2021/02/09
Dossiers: 2020/0104(COD)
Markets in financial instruments – EU Recovery prospectus and targeted adjustments for financial intermediaries to help the recovery from the COVID-19 pandemic (debate)
2021/02/10
Dossiers: 2020/0152(COD)
InvestEU programme (debate)
2021/03/09
Dossiers: 2020/0108(COD)
Programme for the Union’s action in the field of health for the period 2021-2027 (‘EU4Health programme’) (debate)
2021/03/09
Dossiers: 2020/0102(COD)
System of own resources of the European Union – Own resource based on non-recycled plastic packaging waste and certain aspects of the GNI-based own resource – Collection of own resources accruing from value added tax (debate)
2021/03/24
Dossiers: 2018/0132(APP)
General framework for securitisation and specific framework for simple, transparent and standardised securitisation to help the recovery from the COVID-19 crisis – Amending Regulation (EU) No 575/2013 as regards adjustments to the securitisation framework to support the economic recovery in response to the COVID-19 crisis (debate)
2021/03/24
Dossiers: 2020/0156(COD)
Digital taxation: OECD negotiations, tax residency of digital companies and a possible European Digital Tax (debate)
2021/04/28
Dossiers: 2021/2010(INI)
Competition policy – annual report 2020 (debate)
2021/06/07
Dossiers: 2020/2223(INI)
European Parliament’s scrutiny on the ongoing assessment by the Commission and the Council of the national recovery and resilience plans (debate)
2021/06/08
European Climate Law (continuation of debate)
2021/06/24
Dossiers: 2020/0036(COD)
Public sector loan facility under the Just Transition Mechanism (debate)
2021/06/24
Dossiers: 2020/0100(COD)
Financial activities of the European Investment Bank - annual report 2020 - Control of the financial activities of the European Investment Bank - annual report 2019 (debate)
2021/07/05
Dossiers: 2020/2124(INI)
Conclusions of the European Council meeting of 24-25 June 2021 (debate)
2021/07/07
European Centre for Disease Prevention and Control - Serious cross-border threats to health (debate)
2021/09/13
Dossiers: 2020/0322(COD)
Presentation by the Council of its position on the draft general budget - 2022 financial year (debate)
2021/09/14
EU Health Emergency Preparedness and Response Authority: ensuring a coordinated EU approach for future health crises and the role of the European Parliament in this (debate)
2021/10/05
Preparation of the European Council meeting of 21-22 October 2021 (debate)
2021/10/20
2022 budgetary procedure: joint text (debate)
2021/11/23
Dossiers: 2021/0227(BUD)
2022 budgetary procedure: joint text (debate)
2021/11/23
Dossiers: 2021/0227(BUD)
Outcome of the COP26 in Glasgow (debate)
2021/11/24
European Central Bank – annual report 2021 (continuation of debate)
2022/02/14
Dossiers: 2020/2085(INI)
European Semester for economic policy coordination: annual sustainable growth survey 2022 – European Semester for economic policy coordination: employment and social aspects in the annual sustainable growth strategy survey 2022 (debate)
2022/03/09
Dossiers: 2021/2006(INI)
Pilot regime for market infrastructures based on distributed ledger technology (debate)
2022/03/23
Dossiers: 2020/0267(COD)
Revision of the EU Emissions Trading System - Social Climate Fund - Carbon border adjustment mechanism - Revision of the EU Emissions Trading System for aviation - Notification under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) (joint debate – Fit for 55 (part 1))
2022/06/07
Dossiers: 2021/0204(COD)
Implementation of the Recovery and Resilience Facility (debate)
2022/06/22
Dossiers: 2021/2251(INI)
EU initiatives to address the rising cost of living, including the implementation of the European Pillar of Social Rights (debate)
2022/07/05
Objection pursuant to Rule 111(3): Amending the Taxonomy Climate Delegated Act and the Taxonomy Disclosures Delegated Act (debate)
2022/07/05
Dossiers: 2021/2245(INI)
Presentation by the Council of its position on the draft general budget - 2023 financial year (debate)
2022/09/13
Keep the bills down: social and economic consequences of the war in Ukraine and the introduction of a windfall tax (debate)
2022/10/18
General budget of the European Union for the financial year 2023 - all sections (debate)
2022/10/18
Dossiers: 2022/0212(BUD)
Presentation of the Court of Auditors' annual report 2021 (debate)
2022/10/19
REPowerEU chapters in recovery and resilience plans (debate)
2022/11/09
Dossiers: 2022/0164(COD)
2023 budgetary procedure: joint text (debate)
2022/11/22
Dossiers: 2022/0212(BUD)
2023 budgetary procedure: joint text (debate)
2022/11/22
Dossiers: 2022/0212(BUD)
Question Time (Commission) - Future legislative reform of the Economic Governance Framework in times of social and economic crisis
2022/11/22
Question Time (Commission) - Future legislative reform of the Economic Governance Framework in times of social and economic crisis
2022/11/22
Amending Council Regulation (EU, Euratom) 2020/2093 of 17 December 2020 laying down the multiannual financial framework for the years 2021 to 2027 - Amending Regulation (EU, Euratom) 2018/1046 as regards the establishment of a diversified funding strategy as a general borrowing method - 'Macro-Financial Assistance+' instrument for providing support to Ukraine for 2023 (debate)
2022/11/23
Control of the financial activities of the European Investment Bank - annual report 2021 (debate)
2023/01/18
Dossiers: 2022/2153(INI)
Protection of the EU’s financial interests - combating fraud - annual report 2021 (debate)
2023/01/18
Dossiers: 2022/2152(INI)
REPowerEU chapters in recovery and resilience plans (debate)
2023/02/13
Dossiers: 2022/0164(COD)
European Central Bank - annual report 2022 (debate)
2023/02/15
Dossiers: 2022/2037(INI)
European Semester for economic policy coordination 2023 - European Semester for economic policy coordination: Employment and social priorities for 2023 (debate)
2023/03/14
Dossiers: 2022/2150(INI)
Failure of the Silicon Valley Bank and the implications for financial stability in Europe (debate)
2023/03/15
Revision of the EU Emissions Trading System - Monitoring, reporting and verification of greenhouse gas emissions from maritime transport - Carbon border adjustment mechanism - Social Climate Fund - Revision of the EU Emissions Trading System for aviation (debate)
2023/04/17
Dossiers: 2021/0207(COD)
Digital euro (debate)
2023/04/19
Impact on the 2024 EU budget of increasing European Union Recovery Instrument borrowing costs - Own resources: a new start for EU finances, a new start for Europe (debate)
2023/05/08
Dossiers: 2022/2172(INI)
Impact on the 2024 EU budget of increasing European Union Recovery Instrument borrowing costs - Own resources: a new start for EU finances, a new start for Europe (debate)
2023/05/08
Dossiers: 2022/2172(INI)
Revision of the Stability and Growth Pact (debate)
2023/05/09
Impact of the interest rate increase decided by the ECB on households and workers (debate)
2023/05/10
Competition policy - annual report 2022 (debate)
2023/06/12
Dossiers: 2022/2060(INI)
Make Europe the place to invest (debate)
2023/06/14
Delivering on the Green Deal: risk of compromising the EU path to the green transition and its international commitments (debate)
2023/07/12
Composition of the European Parliament (A9-0265/2023 - Loránt Vincze, Sandro Gozi) (vote)
2023/09/13
Dossiers: 2023/0900(NLE)
Presentation by the Council of its position on the draft general budget - 2024 financial year (debate)
2023/09/13
Framework for ensuring a secure and sustainable supply of critical raw materials (debate)
2023/09/13
Dossiers: 2023/0079(COD)
Interim report on the proposal for a mid-term revision of the Multiannual Financial Framework 2021-2027 (debate)
2023/10/03
Dossiers: 2023/0201R(APP)
The 10th consecutive increase in reference interest rates decided by the ECB and its consequences (debate)
2023/10/03
Establishing the Ukraine Facility (debate)
2023/10/16
Dossiers: 2023/0200(COD)
General budget of the European Union for the financial year 2024 - all sections (debate)
2023/10/17
Dossiers: 2023/0264(BUD)
Presentation of the Court of Auditors' annual report 2022 (debate)
2023/10/18
2024 budgetary procedure: Joint text (debate)
2023/11/21
Dossiers: 2023/0264(BUD)
2024 budgetary procedure: Joint text (debate)
2023/11/21
Dossiers: 2023/0264(BUD)

Reports (11)

RECOMMENDATION on the draft Council regulation on measures concerning the implementation and financing of the general budget of the Union in 2020 in relation to the withdrawal of the United Kingdom from the Union
2019/10/15
Committee: BUDG
Dossiers: 2019/0186(APP)
Documents: PDF(158 KB) DOC(55 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]
REPORT on the proposal for a regulation of the European Parliament and of the Council on the public sector loan facility under the Just Transition Mechanism
2020/10/16
Committee: BUDGECON
Dossiers: 2020/0100(COD)
Documents: PDF(426 KB) DOC(176 KB)
Authors: [{'name': 'Henrike HAHN', 'mepid': 197457}, {'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]
RECOMMENDATION FOR SECOND READING on the Council position at first reading with a view to the adoption of a regulation of the European Parliament and of the Council on a framework for the recovery and resolution of central counterparties and amending Regulations (EU) No 1095/2010, (EU) No 648/2012, (EU) No 600/2014, (EU) No 806/2014 and (EU) 2015/2365 and Directives 2002/47/EC, 2004/25/EC, 2007/36/EC, 2014/59/EU and (EU) 2017/1132
2020/12/03
Committee: ECON
Dossiers: 2016/0365(COD)
Documents: PDF(168 KB) DOC(50 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}, {'name': 'Marek BELKA', 'mepid': 197496}]
REPORT on the proposal for a decision of the European Parliament and of the Council authorising the Commission to vote in favour of the capital increase of the European Investment Fund
2020/12/10
Committee: BUDG
Dossiers: 2020/0343(COD)
Documents: PDF(152 KB) DOC(47 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]
REPORT on competition policy – annual report 2020
2021/05/18
Committee: ECON
Dossiers: 2020/2223(INI)
Documents: PDF(244 KB) DOC(95 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]
RECOMMENDATION on the proposal for a Council decision amending Decision 2003/76/EC establishing the measures necessary for the implementation of the Protocol, annexed to the Treaty establishing the European Community, on the financial consequences of the expiry of the ECSC Treaty and on the Research Fund for Coal and Steel
2021/07/02
Committee: BUDG
Dossiers: 2020/0142(APP)
Documents: PDF(167 KB) DOC(53 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]
REPORT on the proposal for a Council decision amending Decision 2003/77/EC laying down multiannual financial guidelines for managing the assets of the ECSC in liquidation and, on completion of the liquidation, the Assets of the Research Fund for Coal and Steel
2021/07/02
Committee: BUDG
Dossiers: 2020/0143(NLE)
Documents: PDF(177 KB) DOC(51 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]
REPORT on the proposal for a regulation of the European Parliament and of the Council on a pilot regime for market infrastructures based on distributed ledger technology
2021/08/05
Committee: ECON
Dossiers: 2020/0267(COD)
Documents: PDF(315 KB) DOC(99 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]
REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 909/2014 as regards settlement discipline, cross-border provision of services, supervisory cooperation, provision of banking-type ancillary services and requirements for third-country central securities depositories
2023/03/06
Committee: ECON
Dossiers: 2022/0074(COD)
Documents: PDF(316 KB) DOC(112 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]
REPORT on the impact on the 2024 EU budget of increasing European Union Recovery Instrument borrowing costs
2023/04/28
Committee: BUDG
Dossiers: 2023/2037(BUI)
Documents: PDF(161 KB) DOC(54 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]
REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EC) No 223/2009 on European statistics
2023/12/04
Committee: ECON
Documents: PDF(261 KB) DOC(82 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]

Shadow reports (37)

REPORT on the European Central Bank Annual Report for 2018
2020/01/28
Committee: ECON
Dossiers: 2019/2129(INI)
Documents: PDF(180 KB) DOC(64 KB)
Authors: [{'name': 'Costas MAVRIDES', 'mepid': 124691}]
REPORT on the financial activities of the European Investment Bank – annual report 2019
2020/03/10
Committee: BUDG
Dossiers: 2019/2126(INI)
Documents: PDF(222 KB) DOC(89 KB)
Authors: [{'name': 'David CORMAND', 'mepid': 197503}]
REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulations (EU) No 575/2013 and (EU) 2019/876 as regards adjustments in response to the COVID-19 pandemic
2020/06/10
Committee: ECON
Dossiers: 2020/0066(COD)
Documents: PDF(268 KB) DOC(72 KB)
Authors: [{'name': 'Jonás FERNÁNDEZ', 'mepid': 125046}]
REPORT on further development of the Capital Markets Union (CMU): improving access to capital market finance, in particular by SMEs, and further enabling retail investor participation
2020/09/16
Committee: ECON
Dossiers: 2020/2036(INI)
Documents: PDF(216 KB) DOC(80 KB)
Authors: [{'name': 'Isabel BENJUMEA BENJUMEA', 'mepid': 197679}]
REPORT on the proposal for a regulation of the European Parliament and of the Council establishing a Technical Support Instrument
2020/10/02
Committee: BUDGECON
Dossiers: 2020/0103(COD)
Documents: PDF(347 KB) DOC(127 KB)
Authors: [{'name': 'Othmar KARAS', 'mepid': 4246}, {'name': 'Dragoş PÎSLARU', 'mepid': 197663}, {'name': 'Alexandra GEESE', 'mepid': 183916}]
REPORT on the Sustainable Europe Investment Plan - How to finance the Green Deal
2020/10/26
Committee: BUDGECON
Dossiers: 2020/2058(INI)
Documents: PDF(278 KB) DOC(132 KB)
Authors: [{'name': 'Siegfried MUREŞAN', 'mepid': 124802}, {'name': 'Paul TANG', 'mepid': 125020}]
REPORT on the proposal for a regulation of the European Parliament and of the Council establishing the InvestEU Programme
2020/11/03
Committee: BUDGECON
Dossiers: 2020/0108(COD)
Documents: PDF(792 KB) DOC(292 KB)
Authors: [{'name': 'José Manuel FERNANDES', 'mepid': 96899}, {'name': 'Irene TINAGLI', 'mepid': 197591}]
REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) 2017/2402 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation to help the recovery from the COVID-19 pandemic
2020/11/10
Committee: ECON
Dossiers: 2020/0151(COD)
Documents: PDF(274 KB) DOC(80 KB)
Authors: [{'name': 'Paul TANG', 'mepid': 125020}]
REPORT on the proposal for a regulation of the European Parliament and of the Council establishing a Recovery and Resilience Facility
2020/11/10
Committee: BUDGECON
Dossiers: 2020/0104(COD)
Documents: PDF(1 MB) DOC(550 KB)
Authors: [{'name': 'Eider GARDIAZABAL RUBIAL', 'mepid': 96991}, {'name': 'Siegfried MUREŞAN', 'mepid': 124802}, {'name': 'Dragoş PÎSLARU', 'mepid': 197663}]
REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 575/2013 as regards adjustments to the securitisation framework to support the economic recovery in response to the COVID-19 pandemic
2020/11/10
Committee: ECON
Dossiers: 2020/0156(COD)
Documents: PDF(210 KB) DOC(65 KB)
Authors: [{'name': 'Othmar KARAS', 'mepid': 4246}]
REPORT on the European Central Bank Annual Report 2020
2021/01/05
Committee: ECON
Dossiers: 2020/2123(INI)
Documents: PDF(182 KB) DOC(63 KB)
Authors: [{'name': 'Sven SIMON', 'mepid': 197426}]
REPORT on the proposal for a directive of the European Parliament and of the Council on credit servicers, credit purchasers and the recovery of collateral
2021/01/14
Committee: ECON
Dossiers: 2018/0063A(COD)
Documents: PDF(314 KB) DOC(113 KB)
Authors: [{'name': 'Esther de LANGE', 'mepid': 38398}, {'name': 'Irene TINAGLI', 'mepid': 197591}]
REPORT on technical and operational measures for more efficient and cleaner maritime transport
2021/03/02
Committee: TRAN
Dossiers: 2019/2193(INI)
Documents: PDF(224 KB) DOC(83 KB)
Authors: [{'name': 'Karima DELLI', 'mepid': 96868}]
REPORT towards future-proof inland waterway transport in Europe
2021/07/06
Committee: TRAN
Dossiers: 2021/2015(INI)
Documents: PDF(204 KB) DOC(73 KB)
Authors: [{'name': 'Caroline NAGTEGAAL', 'mepid': 190519}]
RECOMMENDATION FOR SECOND READING on the Council position at first reading with a view to the adoption of a directive of the European Parliament and of the Council amending Directive 2013/34/EU as regards disclosure of income tax information by certain undertakings and branches
2021/11/03
Committee: ECONJURI
Dossiers: 2016/0107(COD)
Documents: PDF(171 KB) DOC(55 KB)
Authors: [{'name': 'Evelyn REGNER', 'mepid': 96998}, {'name': 'Ibán GARCÍA DEL BLANCO', 'mepid': 197717}]
REPORT on the European Central Bank – annual report 2021
2021/12/15
Committee: ECON
Dossiers: 2021/2063(INI)
Documents: PDF(196 KB) DOC(73 KB)
Authors: [{'name': 'Dimitrios PAPADIMOULIS', 'mepid': 28586}]
REPORT on the proposal for a Council directive amending Directive 2008/118/EC and Directive (EU) 2020/262 (recast) as regards tax-free shops situated in the French terminal of the Channel Tunnel
2022/03/01
Committee: ECON
Dossiers: 2021/0418(CNS)
Documents: PDF(160 KB) DOC(48 KB)
Authors: [{'name': 'Irene TINAGLI', 'mepid': 197591}]
REPORT on the European Semester for economic policy coordination: annual sustainable growth survey 2022
2022/03/01
Committee: ECON
Dossiers: 2022/2006(INI)
Documents: PDF(208 KB) DOC(80 KB)
Authors: [{'name': 'Irene TINAGLI', 'mepid': 197591}]
REPORT on the financial activities of the European Investment Bank – annual report 2021
2022/05/25
Committee: BUDG
Dossiers: 2021/2203(INI)
Documents: PDF(212 KB) DOC(79 KB)
Authors: [{'name': 'David CORMAND', 'mepid': 197503}]
REPORT on the implementation of the Recovery and Resilience Facility
2022/06/08
Committee: BUDGECON
Dossiers: 2021/2251(INI)
Documents: PDF(374 KB) DOC(164 KB)
Authors: [{'name': 'Siegfried MUREŞAN', 'mepid': 124802}, {'name': 'Dragoş PÎSLARU', 'mepid': 197663}, {'name': 'Eider GARDIAZABAL RUBIAL', 'mepid': 96991}]
REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 549/2013 and repealing 11 legal acts in the field of National Accounts
2022/07/01
Committee: ECON
Dossiers: 2021/0407(COD)
Documents: PDF(690 KB) DOC(385 KB)
Authors: [{'name': 'Irene TINAGLI', 'mepid': 197591}]
REPORT on the proposal for a regulation of the European Parliament and of the Council on the use of renewable and low-carbon fuels in maritime transport and amending Directive 2009/16/EC
2022/10/04
Committee: TRAN
Dossiers: 2021/0210(COD)
Documents: PDF(974 KB) DOC(422 KB)
Authors: [{'name': 'Jörgen WARBORN', 'mepid': 197405}]
REPORT on the proposal for a directive of the European Parliament and of the Council Amending Directive 2010/40/EU on the framework for the deployment of Intelligent Transport Systems in the field of road transport and for interfaces with other modes of transport
2022/10/29
Committee: TRAN
Dossiers: 2021/0419(COD)
Documents: PDF(288 KB) DOC(122 KB)
Authors: [{'name': 'Rovana PLUMB', 'mepid': 38595}]
REPORT on the European Central Bank – annual report 2022
2023/02/06
Committee: ECON
Dossiers: 2022/2037(INI)
Documents: PDF(188 KB) DOC(70 KB)
Authors: [{'name': 'Rasmus ANDRESEN', 'mepid': 197448}]
REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 575/2013 as regards requirements for credit risk, credit valuation adjustment risk, operational risk, market risk and the output floor
2023/02/10
Committee: ECON
Dossiers: 2021/0342(COD)
Documents: PDF(910 KB) DOC(341 KB)
Authors: [{'name': 'Jonás FERNÁNDEZ', 'mepid': 125046}]
REPORT on the proposal for a directive of the European Parliament and of the Council amending Directive 2013/36/EU as regards supervisory powers, sanctions, third-country branches, and environmental, social and governance risks, and amending Directive 2014/59/EU
2023/02/10
Committee: ECON
Dossiers: 2021/0341(COD)
Documents: PDF(502 KB) DOC(165 KB)
Authors: [{'name': 'Jonás FERNÁNDEZ', 'mepid': 125046}]
REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 600/2014 as regards enhancing market data transparency, removing obstacles to the emergence of a consolidated tape, optimising the trading obligations and prohibiting receiving payments for forwarding client orders
2023/03/02
Committee: ECON
Dossiers: 2021/0385(COD)
Documents: PDF(335 KB) DOC(108 KB)
Authors: [{'name': 'Danuta Maria HÜBNER', 'mepid': 96779}]
REPORT on the proposal for a directive of the European Parliament and of the Council amending Directive 2014/65/EU on markets in financial instruments
2023/03/02
Committee: ECON
Dossiers: 2021/0384(COD)
Documents: PDF(221 KB) DOC(67 KB)
Authors: [{'name': 'Danuta Maria HÜBNER', 'mepid': 96779}]
REPORT on the European Semester for economic policy coordination 2023
2023/03/06
Committee: ECON
Dossiers: 2022/2150(INI)
Documents: PDF(232 KB) DOC(91 KB)
Authors: [{'name': 'Irene TINAGLI', 'mepid': 197591}]
REPORT on the proposal for a directive of the European Parliament and of the Council establishing a framework for the recovery and resolution of insurance and reinsurance undertakings and amending Directives 2002/47/EC, 2004/25/EC, 2009/138/EC, (EU) 2017/1132 and Regulations (EU) No 1094/2010 and (EU) No 648/2012
2023/07/26
Committee: ECON
Dossiers: 2021/0296(COD)
Documents: PDF(558 KB) DOC(177 KB)
Authors: [{'name': 'Markus FERBER', 'mepid': 1917}]
REPORT on the proposal for a directive of the European Parliament and of the Council amending Directive 2009/138/EC as regards proportionality, quality of supervision, reporting, long-term guarantee measures, macro-prudential tools, sustainability risks, group and cross-border supervision
2023/07/27
Committee: ECON
Dossiers: 2021/0295(COD)
Documents: PDF(518 KB) DOC(179 KB)
Authors: [{'name': 'Markus FERBER', 'mepid': 1917}]
REPORT on the proposal for a directive of the European Parliament and of the Council amending Directive 2014/65/EU to make public capital markets in the Union more attractive for companies and to facilitate access to capital for small and medium-sized enterprises and repealing Directive 2001/34/EC
2023/10/26
Committee: ECON
Dossiers: 2022/0405(COD)
Documents: PDF(230 KB) DOC(66 KB)
Authors: [{'name': 'Alfred SANT', 'mepid': 124781}]
REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulations (EU) 2017/1129, (EU) No 596/2014 and (EU) No 600/2014 to make public capital markets in the Union more attractive for companies and to facilitate access to capital for small and medium-sized enterprises
2023/10/26
Committee: ECON
Dossiers: 2022/0411(COD)
Documents: PDF(439 KB) DOC(136 KB)
Authors: [{'name': 'Alfred SANT', 'mepid': 124781}]
REPORT on the proposal for a directive of the European Parliament and of the Council on multiple-vote share structures in companies that seek the admission to trading of their shares on an SME growth market
2023/10/26
Committee: ECON
Dossiers: 2022/0406(COD)
Documents: PDF(265 KB) DOC(80 KB)
Authors: [{'name': 'Alfred SANT', 'mepid': 124781}]
REPORT on the proposal for a directive of the European Parliament and of the Council amending Directive 2014/59/EU and Regulation (EU) No 806/2014 as regards certain aspects of the minimum requirement for own funds and eligible liabilities
2023/11/08
Committee: ECON
Dossiers: 2023/0113(COD)
Documents: PDF(226 KB) DOC(68 KB)
Authors: [{'name': 'Jonás FERNÁNDEZ', 'mepid': 125046}]
REPORT on the proposal for a directive of the European Parliament and of the Council amending Directive 2009/16/EC on port State control
2023/12/08
Committee: TRAN
Dossiers: 2023/0165(COD)
Documents: PDF(266 KB) DOC(114 KB)
Authors: [{'name': 'Vera TAX', 'mepid': 197756}]
REPORT on the proposal for a directive of the European Parliament and of the Council amending Directive 2009/21/EC on compliance with flag State requirements
2023/12/08
Committee: TRAN
Dossiers: 2023/0172(COD)
Documents: PDF(271 KB) DOC(117 KB)
Authors: [{'name': 'Vera TAX', 'mepid': 197756}]

Opinions (7)

Opinion on financial assistance to Member States to cover serious financial burden inflicted on them following a withdrawal of the United Kingdom from the Union without an agreement
2019/10/01
Committee: BUDG
Dossiers: 2019/0183(COD)
Documents: PDF(93 KB) DOC(64 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]
Opinion on providing macro-financial assistance to the Republic of North Macedonia
2023/04/26
Committee: BUDG
Dossiers: 2023/0034(COD)
Documents: PDF(119 KB) DOC(53 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]
Opinion on the Commission proposal on fees and charges payable to the European Medicines Agency, amending Regulation (EU) 2017/745 of the European Parliament and of the Council and repealing Council Regulation (EC) No 297/95 and Regulation (EU) 658/2014 of the European Parliament and of the Council
2023/05/23
Committee: BUDG
Dossiers: 2022/0417(COD)
Documents: PDF(119 KB) DOC(53 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]
Opinion on the Commission proposal on amending Regulations (EU) No 1227/2011 and (EU) 2019/942 to improve the Union’s protection against market manipulation in the wholesale energy market (2023/0076 (COD)) and amending Regulations (EU) 2019/943 and (EU) 2019/942 as well as Directives (EU) 2018/2001 and (EU) 2019/944 to improve the Union’s electricity market design
2023/06/12
Committee: BUDG
Dossiers: 2023/0077(COD)
Documents: PDF(127 KB) DOC(55 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]
Opinion on further reform of corporate taxation rules
2023/06/29
Committee: BUDG
Dossiers: 2022/2146(INI)
Documents: PDF(152 KB) DOC(121 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]
Opinion on the Commission proposal on amending Regulations (EU) No 1227/2011 and (EU) 2019/942 to improve the Union’s protection against market manipulation in the wholesale energy market (2023/0076 (COD)) and amending Regulations (EU) 2019/943 and (EU) 2019/942 as well as Directives (EU) 2018/2001 and (EU) 2019/944 to improve the Union’s electricity market design
2023/09/04
Committee: BUDG
Dossiers: 2023/0077(COD)
Documents: PDF(127 KB) DOC(54 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]
Opinion on the Proposal for a Council Regulation amending Regulation (EC) No 1467/97 on speeding up and clarifying the implementation of the excessive deficit procedure
2023/11/23
Committee: BUDG
Dossiers: 2023/0137(CNS)
Documents: PDF(140 KB) DOC(53 KB)
Authors: [{'name': 'Johan VAN OVERTVELDT', 'mepid': 125106}]

Shadow opinions (10)

OPINION on the proposal for a decision of the European Parliament and of the Council amending Decision No 1313/2013/EU on a Union Civil Protection Mechanism
2020/09/01
Committee: BUDG
Dossiers: 2020/0097(COD)
Documents: PDF(222 KB) DOC(140 KB)
Authors: [{'name': 'Niclas HERBST', 'mepid': 197412}]
OPINION on the proposal for a regulation of the European Parliament and of the Council on the establishment of a Programme for the Union's action in the field of health –for the period 2021-2027 and repealing Regulation (EU) No 282/2014 (“EU4Health Programme”)
2020/09/01
Committee: BUDG
Dossiers: 2020/0102(COD)
Documents: PDF(249 KB) DOC(197 KB)
Authors: [{'name': 'Nicolae ŞTEFĂNUȚĂ', 'mepid': 58766}]
OPINION on New Circular Economy Action Plan
2020/11/10
Committee: TRAN
Dossiers: 2020/2077(INI)
Documents: PDF(153 KB) DOC(76 KB)
Authors: [{'name': 'Jutta PAULUS', 'mepid': 197466}]
OPINION on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EC) No 851/2004 establishing a European Centre for disease prevention and control
2021/05/03
Committee: BUDG
Dossiers: 2020/0320(COD)
Documents: PDF(218 KB) DOC(171 KB)
Authors: [{'name': 'Niclas HERBST', 'mepid': 197412}]
OPINION on the EU Gender Action Plan III
2021/06/23
Committee: BUDG
Dossiers: 2021/2003(INI)
Documents: PDF(123 KB) DOC(47 KB)
Authors: [{'name': 'Alexandra GEESE', 'mepid': 183916}]
OPINION on the proposal for a directive of the European Parliament and of the Council amending Directive (EU) 2019/1153 of the European Parliament and of the Council, as regards access of competent authorities to centralised bank account registries through the single access point
2022/03/15
Committee: ECON
Dossiers: 2021/0244(COD)
Documents: PDF(179 KB) DOC(147 KB)
Authors: [{'name': 'Inese VAIDERE', 'mepid': 28617}]
OPINION on the proposal for a directive of the European Parliament and of the Council on Asset recovery and confiscation
2023/04/03
Committee: BUDG
Dossiers: 2022/0167(COD)
Documents: PDF(248 KB) DOC(145 KB)
Authors: [{'name': 'Vlad GHEORGHE', 'mepid': 209140}]
OPINION on the financial activities of the European Investment Bank – annual report 2022
2023/04/27
Committee: BUDG
Dossiers: 2022/2062(INI)
Documents: PDF(148 KB) DOC(53 KB)
Authors: [{'name': 'David CORMAND', 'mepid': 197503}]
OPINION on the proposal for a directive of the European Parliament and of the Council on the Definition of criminal offences and penalties for the violation of Union restrictive measures
2023/06/12
Committee: BUDG
Dossiers: 2022/0398(COD)
Documents: PDF(203 KB) DOC(132 KB)
Authors: [{'name': 'Vlad GHEORGHE', 'mepid': 209140}]
OPINION on the proposal for a regulation of the European Parliament and of the Council on establishing a framework of measures for strengthening Europe’s net-zero technology products manufacturing ecosystem (Net Zero Industry Act)
2023/10/09
Committee: ECON
Dossiers: 2023/0081(COD)
Documents: PDF(235 KB) DOC(181 KB)
Authors: [{'name': 'Luděk NIEDERMAYER', 'mepid': 124701}]

Institutional motions (4)

MOTION FOR A RESOLUTION on the right of information of the Parliament regarding the ongoing assessment of the national recovery and resilience plans
2021/05/17
Dossiers: 2021/2703(RSP)
Documents: PDF(146 KB) DOC(48 KB)
MOTION FOR A RESOLUTION on the Pandora Papers: implications for the efforts to combat money laundering, tax evasion and avoidance
2021/10/18
Dossiers: 2021/2922(RSP)
Documents: PDF(181 KB) DOC(59 KB)
MOTION FOR A RESOLUTION on the climate, energy and environmental State aid guidelines (CEEAG)
2021/10/19
Dossiers: 2021/2923(RSP)
Documents: PDF(143 KB) DOC(45 KB)
JOINT MOTION FOR A RESOLUTION on the state of the SME Union
2023/07/12
Documents: PDF(173 KB) DOC(54 KB)

Oral questions (4)

EU Pledge for Afghanistan at 2020 Geneva Conference
2020/12/17
Documents: PDF(42 KB) DOC(10 KB)
An EU Commissioner for Animal Welfare
2022/01/10
Documents: PDF(56 KB) DOC(12 KB)
An EU Commissioner for Animal Welfare
2022/04/28
Documents: PDF(59 KB) DOC(12 KB)
How to tackle the biggest cause of death in the EU? Towards an EU Cardiovascular Health Plan
2023/05/11
Documents: PDF(52 KB) DOC(10 KB)

Written explanations (126)

Draft amending budget No 1/2019: surplus from 2018 (A9-0005/2019 - John Howarth)

Het ontwerp van gewijzigde begroting nr. 1/2019 voor het begrotingsjaar 2019 regelt de opname van het overschot van het begrotingsjaar 2018. Dit is een technische oefening waarbij het overschot ten gevolge van onderbestedingen en allerlei inkomsten de bni-bijdrage die de lidstaten betalen aan het EU-budget dienovereenkomstig verlaagt.N-VA heeft voor het verslag gestemd. Wel dient te worden opgemerkt dat N-VA kritisch staat ten aanzien van de stelling dat inkomsten uit boetes en sancties geen aanleiding zouden moeten geven tot een vermindering van de bni-bijdrage maar daarentegen moeten gebruikt worden voor het spijzen van een reservefonds.
2019/09/18
Mobilisation of the European Globalisation Adjustment Fund - EGF/2019/000 TA 2019 - Technical assistance at the initiative of the Commission (A9-0001/2019 - Bogdan Rzońca)

Het Europees Fonds voor aanpassing aan de globalisering (EFG) is opgericht om extra steun te geven aan werknemers die de gevolgen van grote structurele veranderingen in de wereldhandelspatronen ondervinden. Extra steun, die geenszins de nood kan wegnemen om structurele hervormingen door te voeren met het oog op duurzame economische groei. Een Europese transferunie kan geen remedie zijn om de werkloosheid aan te pakken, noch een broodnodig structureel hervormingsbeleid vervangen. Globalisering is immers onvermijdelijk en gaat hand in hand met de opening van nieuwe markten, met internationale concurrentie, met economische groei en met het creëren van werkgelegenheid die het banenverlies in minder competitieve sectoren overtreft.N-VA heeft voor het vrijmaken van middelen voor technische bijstand van de Commissie gestemd. N-VA is ervan overtuigd dat de extra steun, wanneer die geleverd wordt, zo snel en efficiënt mogelijk beschikbaar gesteld kan worden. Bovendien kijkt N-VA ook uit naar het gebruik van het EGF voor de gevolgen van een no-dealbrexit, zoals aangekondigd door de Commissie in het kader van de maatregelen voor de brexitvoorbereidingen. Bij gebrek aan een specifiek Europees brexitnoodfonds kan het EGF hier de eerste noden lenigen.
2019/09/18
Objection pursuant to Rule 112: Assessment of the impact of plant protection products on honeybees (B9-0149/2019)

Cijfers over bijensterfte blijven verontrustend. De oorzaken zijn divers: afnemende biodiversiteit, te veel pesticidengebruik, de parasitaire varroamijt, enz. Het belang van bijen als bestuivers van gewassen is nochtans immens. Niet alleen voor het ecosysteem, maar ook voor onze economie.In 2013 bracht de Europese Autoriteit voor voedselveiligheid (EFSA) het “Bee Guidance Document” uit. Dit bevat richtsnoeren ter beoordeling van de effecten van gewasbeschermingsmiddelen op bijen. Op basis hiervan vond bijvoorbeeld het verbod op neonicotinoïden ingang, dat de N-VA altijd voluit heeft gesteund.De wijziging van Verordening (EU) nr. 546/2011 die nu voorligt, is echter niet waterdicht. De ecotoxicologische effecten van bestrijdingsmiddelen uiten zich immers vooral op lange termijn (chronisch), via interactie met omgevingsfactoren, via de voedselketen en via interactie met andere chemische agentia. Door alleen te kijken naar acute toxiciteit worden al deze aspecten niet meegenomen. Bovendien treft deze problematiek niet alleen honingbijen, maar ook wilde bijen, hommels en andere (bloem)bestuivende insecten, maar deze worden eveneens buiten beschouwing gelaten.Ten tweede stellen wij ons vragen bij de timing van de Commissie. De EFSA werkt momenteel aan een herziening van de bijenrichtsnoeren uit 2013. Was het dan niet beter geweest deze herziening eerst af te wachten?Daarom stemde de N-VA vóór het bezwaar.
2019/10/23
Objection pursuant to Rule 112: Genetically modified cotton LLCotton25 (ACS-GHØØ1-3) (B9-0170/2019)

De N-VA delegatie steunt de bezwaren tegen de betrokken ggo's niet om volgende redenen. De goedkeuringsprocedure voor ggo’s is strikt. De EFSA-risicobeoordeling speelt hierin een cruciale rol. De N-VA gelooft sterk in wetenschappelijk onderbouwd en “evidencebased” beleid. Bovendien heeft de Commissie haar mandaat bij deze uitvoerende handeling niet overschreden: wanneer de lidstaten geen gekwalificeerde meerderheid bereiken, dan is de Europese Commissie gemachtigd ggo’s goed te keuren op basis van een positief advies van EFSA.Biotechnologie is een belangrijke sector voor innovatie, onderzoek en ontwikkeling. Ook Vlaanderen, en in het bijzonder Gent, is toonaangevend in dergelijk onderzoek. Door te pleiten voor een moratorium op de goedkeuring van ggo’s, geeft het bezwaar het signaal dat Europa een rem wil zetten op dit onderzoek, wat volgens mij verkeerd en nefast is.Het blijft belangrijk een onderscheid te maken tussen ggo-techniek en —toepassing. Het is ook duidelijk dat het (eventuele) gebruik van ggo’s altijd moet kaderen in een landbouwbeleid waarin de bescherming van volksgezondheid, milieu en biodiversiteit is geïntegreerd, waarbij geïntegreerde plaagbestrijding (“integrated pest management”) essentieel is voor een duurzaam gebruik van pesticiden en niet-chemische alternatieven.
2019/11/14
2020 budgetary procedure: joint text (A9-0035/2019 - Monika Hohlmeier, Eider Gardiazabal Rubial)

Het akkoord dat werd bereikt door de twee armen van de begrotingsautoriteit, het Parlement en de Raad, bevat een veelbelovende omslag in de uitgaven. Er werden voor 850 miljoen EUR nieuwe vastleggingen gedaan boven op het voorstel van de Commissie, waarvan 505 miljoen EUR aan uitgaven die bijdragen aan de klimaatdoelstelling. Het merendeel van deze bijkomende uitgaven hebben een duidelijke Europese meerwaarde.Vooral de meeruitgaven voor het onderzoeksprogramma Horizon 2020 (+ 330 miljoen EUR), voor Erasmus+ (+ 50 miljoen EUR) en voor strategische infrastructuurinvesteringen via de CEF, de Connecting Europe Facility (+ 133 miljoen EUR), vallen op. Verder werden ook het LIFE-programma voor biodiversiteit (+ 10 miljoen EUR) en Europol (+ 13 miljoen EUR) voorzien van extra middelen. Allemaal uitgaven die N-VA uitdrukkelijk steunt.Voor N-VA is dit een sterke en verantwoorde begroting en moeten we voor de toekomst in dezelfde richting durven doorgaan.
2019/11/27
Climate and environmental emergency (RC-B9-0209/2019, B9-0209/2019, B9-0211/2019, B9-0212/2019, B9-0215/2019, B9-0216/2019, B9-0218/2019, B9-0220/2019)

De zorg voor het klimaat is een van de grootste uitdagingen van onze tijd en kan tegelijkertijd een opportuniteit zijn voor innovatie en groei. De omslag naar een klimaatneutrale en duurzame samenleving kan alleen maar bereikt worden door wereldwijde actie.In Vlaanderen werken we volop aan onze eigen omslag, en dragen we bij aan de wereldwijde transitie. We werken ook aan een exportmodel zodat we met Vlaanderen niet alleen focussen op ons beperkte aandeel in de mondiale uitstoot, maar kunnen bijdragen aan een wereldwijde aanpak van de klimaatverandering. De EU is een globale voortrekker in de strijd tegen klimaatverandering en de nieuwe Europese Commissie von der Leyen schuift de zogeheten “Green Deal” als een belangrijke prioriteit naar voren.Toch zijn wij niet gewonnen voor het afkondigen van een noodsituatie, voornamelijk om volgende reden: het is een symbolische actie, die geen verandering brengt in de echte wereld, noch het draagvlak voor klimaatmaatregelen verhoogt. Wij erkennen evenwel de hoogdringendheid van de situatie. Wij steunen ook de oproep van de ECR om één enkele zetel te kiezen voor het Europees Parlement, aangezien de dubbele zetel een aanzienlijke milieu-impact heeft (jaarlijks tussen de 11 000 en 19 000 ton CO2).
2019/11/28
2019 UN Climate Change Conference (COP25) (B9-0174/2019)

De N-VA steunt het Klimaatakkoord van Parijs en werkt aan de omzetting ervan in de praktijk. De voorliggende resolutie bevat positieve elementen, zoals het inzetten op onderzoek en innovatie, de bijdrage van alle sectoren (luchtvaart, scheepvaart, landbouw), het belang van een toekomstgericht Europees budget, de erkenning van kernenergie in het bereiken van de klimaatdoelstellingen, etc.De resolutie bevat echter ook problematische delen. Zo steunen wij de oproep om bestaande handelsakkoorden te herzien en om van de EIB een klimaatbank te maken uitdrukkelijk niet. Inzake de verhoging van de 2030-doelen verwijzen wij naar het Vlaams regeerakkoord dat stelt dat Vlaanderen voluit gaat voor het effectief realiseren van de afgesproken doelstellingen en voor een versnelling van investeringen, innovatie en technologische vooruitgang.Vlaanderen kan op basis van een evaluatie van de bijkomende klimaatinspanningen van andere grote handelsblokken een haalbare, betaalbare en bottom-upverhoging van de Europese 2030-doelstelling ondersteunen die kostenefficiënt verdeeld is over de lidstaten en internationale flexibiliteit toelaat, en voor zover dit de energiefactuur voor burgers en ondernemingen niet verhoogt. De resolutie geeft deze garanties niet. Om deze redenen heeft de N-VA zich onthouden. Dit neemt niet weg dat wij ons werk voor een duurzame en koolstofarme samenleving met overtuiging, ambitie én realisme voortzetten.
2019/11/28
Objection pursuant to Rule 112: Active substances, including dimoxystrobin and mancozeb (B9-0230/2019)

De N-VA-delegatie heeft het voorliggende bezwaar niet gesteund om volgende redenen: wij zijn van oordeel dat het Commissievoorstel strookt met Verordening (EG) nr. 1107/2009 en dat de Commissie haar uitvoerende bevoegdheden niet overschrijdt. De voorgestelde verlenging van de geldigheidsduur van de actieve stoffen heeft een administratieve reden. Er is namelijk meer tijd nodig om bepaalde aspecten van de risicobeoordeling grondig uit te werken. De reden hiervoor ligt noch bij de aanvrager, noch bij de Commissie.Artikel 17 van Verordening (EG) nr. 1107/2009 is heel duidelijk: “Wanneer om redenen buiten de wil van de aanvrager blijkt dat de goedkeuring waarschijnlijk zal vervallen alvorens over de verlenging een beslissing is genomen, wordt overeenkomstig de in artikel 79, lid 3, bedoelde regelgevingsprocedure een besluit vastgesteld waarbij het verstrijken van de termijn voor de goedkeuring lang genoeg wordt uitgesteld om de aanvraag te onderzoeken.”Bovendien geeft een recente uitspraak van de Europese Ombudsman in zaak 687/2018/TE aan dat de Commissie genoodzaakt is de geldigheidsduur te verlengen wanneer de fout voor de vertraging niet bij de aanvrager ligt. In het voorliggende geval zijn de bevoegde nationale autoriteiten er niet in geslaagd de beoordeling tijdig af te werken.
2019/12/18
EU Pollinators Initiative (B9-0233/2019)

Het EU-initiatief inzake bestuivers kwam er op vraag van de N-VA. Wij verwijzen daarvoor naar het strategisch initiatiefverslag “Tussentijdse evaluatie van de biodiversiteitsstrategie van de EU” van collega Demesmaeker.Bijen, en ook andere bestuivers, zijn geen bijzaak! Dat weten we bij de N-VA al lang. Het belang van bestuivers is immens, zowel voor het ecosysteem als voor onze economie.Wij steunen de voorliggende resolutie, waarin terecht wordt gepleit voor een betere aanpak van de oorzaken. Daarnaast moet de EU inzetten op minder pesticidengebruik, meer geld voor onderzoek en een betere controle. De N-VA blijft ook voluit achter een verbod op neonicotinoïden staan.Inzake duurzaam gebruik van pesticiden benadrukken wij dat onder andere de geïntegreerde plaagbestrijding (IPM) nog steeds onderbenut blijft. Alvorens bindende Europese reductiedoelstellingen voor te stellen, is volgens ons een betere uitvoering van de bestaande richtlijn in de lidstaten én uiteraard een strikte handhaving en monitoring aan de orde. Verder zijn wij ervan overtuigd dat ook nieuwe veredelingstechnieken een belangrijke rol spelen in de omschakeling naar een duurzamer voedselproductie met minder pesticidengebruik en zo een essentiële schakel zijn in de uitvoering van de Green Deal.
2019/12/18
The European Green Deal (RC-B9-0040/2020, B9-0040/2020, B9-0041/2020, B9-0042/2020, B9-0043/2020, B9-0044/2020, B9-0045/2020, B9-0046/2020)

Over de noodzaak van een duurzame transformatie en de grote urgentie van de klimaatuitdagingen is een brede consensus. De Green Deal bevat voor de N-VA heel wat positieve punten. Ik vermeld in het bijzonder het geïntegreerde plan van aanpak, de accenten op innovatie, kringloopeconomie, biodiversiteit, duurzame mobiliteit en landbouw. De N-VA plaatst echter ook vraagtekens bij de haalbaarheid en betaalbaarheid van de plannen. Wij passen voor financiële avonturen.Hetzelfde geldt voor de resolutie die het Parlement vandaag goedkeurde. De tekst bevat punten die wij voluit steunen zoals verdere inspanningen voor een circulaire economie, een duurzame landbouw en innovatie. Wij zijn ook tevreden dat het Parlement onze oproep voor één enkele zetel opnieuw steunt.Maar bepaalde passages zijn problematisch. Zo is het voor ons essentieel dat de Europese Investeringsbank haar triple A-status behoudt en geen loutere “Klimaatbank” wordt. We vinden het ook een gemiste kans dat het Parlement de rol van kernenergie in een koolstofarme economie niet erkent. Tenslotte vinden wij het standpunt van het Parlement om de 2030-doelstellingen voor CO2-reductie unilateraal te verhogen tot 55 % weinig realistisch en niet in lijn met de gemaakte afspraken in het Vlaamse regeerakkoord. Om al deze redenen heeft de N-VA zich onthouden bij de eindstemming.
2020/01/15
COP15 to the Convention on Biological Diversity (Kunming 2020) (B9-0035/2020)

Biodiversiteitsverlies vormt samen met klimaatverandering en grondstoffenschaarste een van de belangrijkste mondiale uitdagingen. De N-VA trekt op alle beleidsniveaus stevig aan de kar voor meer natuur en de bescherming van biodiversiteit. De N-VA is ook vragende partij voor een ambitieus post-2020 globaal kader. Dat is ook de hoofdvraag van deze resolutie. De tekst bevat nog andere positieve aspecten inzake kringloopeconomie, een meer duurzame landbouw, op de natuur gebaseerde oplossingen, innovatie etc. Wij zijn ook tevreden dat de meeste linkse aanvallen op biotechnologie werden weggestemd.Dit neemt niet weg dat wij bij bepaalde tekstonderdelen kanttekeningen plaatsen: wij steunen ambitieuze doelstellingen, maar deze moeten de densiteit van de lidstaten in acht nemen. Ingevolge het principe dat de vervuiler betaalt, kunnen we instemmen met een heroriëntering van het fiscaal beleid van de lidstaten in die richting, op voorwaarde dat dit budgetneutraal is en wordt gekoppeld aan een belastingverlaging, bij voorkeur op arbeid. Fiscaliteit blijft een bevoegdheid van de lidstaten en niet van de EU. Wij erkennen dat het gebruik van glyfosaat een negatieve impact heeft op biodiversiteit, maar vinden het weinig realistisch een globaal verbod te bepleiten in afwezigheid van een Europees verbod.
2020/01/16
Specific measures to mobilise investments in the health care systems of the Member States and in other sectors of their economies in response to the COVID-19 outbreak (Coronavirus Response Investment Initiative)

. – De N-VA onderschrijft de dringende noodzaak van maatregelen die de EU moet nemen om de COVID-19-crisissituatie aan te pakken. In dit voorstel worden de Europese structuur- en investeringsmiddelen opengesteld waarbij de niet-aangewende kasreserves uit de EU-cohesiefondsen door de lidstaten gebruikt mogen worden om de economische impact van COVID-19 op korte en lange termijn op te vangen. Voordeel is dat de lidstaten en regio’s onmiddellijk over het geld kunnen beschikken. De N-VA gaat akkoord met het aanwenden van deze fondsen om de crisis te bestrijden.De N-VA is het echter niet eens met de gebruikte methodologie en aangehouden verdeelsleutel. Het is op zich merkwaardig te noemen dat de beste leerlingen van de klas worden gestraft voor hun goede en voorbeeldige gedrag. Lidstaten en regio’s die veel uit deze fondsen ontvangen, worden zo bevoordeeld ten opzichte van diegene die hun middelen efficiënt inzetten.De verdeelsleutel voor de cohesiefondsen is niet dezelfde als voor de COVID-19-noden. Het coronavirus treft de meest dichtbevolkte, vaak goed presterende regio’s. Daar is de nood het hoogst en kunnen de financiële middelen het best ingezet worden om de economie er opnieuw snel bovenop te helpen. Daarom onthoudt de N-VA zich op de eindstemming over dit voorstel.
2020/03/26
Financial assistance to Member States and countries negotiating their accession to the Union that are seriously affected by a major public health emergency

. – De N-VA steunt het voorstel om het toepassingsgebied van het Europese Solidariteitsfonds van de EU uit te breiden en de Europese cofinanciering van het fonds te verhogen. Noodsituaties op het gebied van de volksgezondheid worden nu toegevoegd aan de situaties die uitbetaling uit het ESF rechtvaardigen.De N-VA is ervan overtuigd dat deze maatregelen en middelen om onze economie vandaag te ondersteunen welkom zijn. Zo kunnen we financiële steun verlenen aan lidstaten die zwaar getroffen zijn door de COVID-19-crisissituatie en betuigen we onze solidariteit met kandidaat-lidstaten uit de Westelijke Balkan die momenteel onderhandelen over toetreding tot de EU.Voor Turkije is er echter geen enkel EU-toekomstperspectief. Het land is te ver afgegleden van de fundamentele rechten en vrijheden die de EU-lidstaten delen. Voor de N-VA is Turkije een strategische partner, maar geen kandidaat-lid van de EU. Daarom steunden we het amendement dat erop wijst dat Turkije niet in aanmerking komt voor steun uit het Solidariteitsfonds.
2020/03/26
Genetically modified soybean MON 87708 × MON 89788 × A5547-127 (B9-0121/2020)

De N-VA-delegatie steunt het bezwaar tegen het betrokken ggo niet om volgende redenen.De goedkeuringsprocedure voor ggo’s is strikt. De EFSA-risicobeoordeling speelt hierin een cruciale rol. De N-VA gelooft sterk in wetenschappelijk onderbouwd beleid. Bovendien heeft de Commissie haar mandaat bij deze uitvoeringshandeling niet overschreden: wanneer de lidstaten geen gekwalificeerde meerderheid bereiken, dan is de Europese Commissie gemachtigd ggo’s goed te keuren op basis van een positief advies van de EFSA.Biotechnologie is een belangrijke sector voor innovatie, onderzoek en ontwikkeling. Ook Vlaanderen, en in het bijzonder Gent, is toonaangevend in dergelijk onderzoek. Door te pleiten voor een moratorium op de goedkeuring van ggo’s, geeft het bezwaar het signaal dat Europa een rem wil zetten op dit onderzoek, wat volgens mij verkeerd en nefast is.Het blijft belangrijk een onderscheid te maken tussen ggo-techniek en toepassing. Het is ook duidelijk dat het (eventuele) gebruik van ggo’s altijd moet passen in een landbouwbeleid waarin de bescherming van volksgezondheid, milieu en biodiversiteit is geïntegreerd, waarbij geïntegreerde plaagbestrijding essentieel is voor een duurzaam gebruik van pesticiden en niet-chemische alternatieven.
2020/05/13
Discharge 2018: EU general budget - European Parliament (A9-0021/2020 - Maria Grapini)

De N-VA stemt niet in met de beslissing om kwijting te verlenen voor de uitvoering van de begroting van het Europees Parlement als onderdeel van de algemene begroting van de Europese Unie voor het begrotingsjaar 2018. Het voornaamste en principiële bezwaar voor deze weigering is het gevolg van het door de Rekenkamer geschatte foutenpercentage voor 2018. Dat bedraagt 2,6 % en is dus nog steeds hoger dan de materialiteitsdrempel van 2 %. Bovendien is het opnieuw meer dan voor begrotingsjaar 2017, toen het 2,4 % bedroeg. Concreet betekent dit dat er iets meer dan 4 miljard EUR aan Europese subsidies niet volgens de regels zou zijn besteed. Het belang van een correctie uitvoering van de begroting kan niet worden onderschat en is de hoeksteen voor het vertrouwen dat de burger stelt in de Unie.
2020/05/14
New MFF, own resources and Recovery plan

. – In deze resolutie breken verschillende fracties, waaronder de onze, een lans voor een kordaat optreden vanwege de EU om niet alleen de gezondheidscrisis te helpen opvangen, maar ook onze gemeenschappelijke toekomst veilig te stellen, onder meer met de oprichting van een fors herstelfonds.Voor de N-VA is de reactie van de EU op de pandemie te laat gekomen en was ze te weinig georganiseerd. Het is dus hoog tijd voor een Europees plan van aanpak. Dat hierbij het meerjarig financieel kader de voornaamste pijler is en dat het nieuwe herstelfonds op dit MFK afgestemd moet zijn, is evident. De omvang en de ernst van de crisis vereisen een substantiële inspanning, maar daarbij mag de aandacht niet verloren gaan voor zaken die niet direct geld kosten maar toch ook kunnen bijdragen aan het herstel, zoals de verdieping van de interne markt met een digitale, transport-, energie- en kapitaalmarktunie.De N-VA blijft op het standpunt dat er geen sprake kan zijn van de invoering van Europese belastingen. We wijzen elke nieuwe belasting om de Unie te financieren af. De huidige, op het bni gebaseerde bijdrage is de meest faire manier om de EU te ondersteunen. Bovendien is het fiscale beleid bij uitstek een exclusieve bevoegdheid die bij de lidstaten thuishoort. Ook is het voor de N-VA duidelijk dat het tijdelijke herstelfonds voor het overgrote deel moet bestaan uit leningen waar een terugbetalingsplan aan verbonden is. Voor de N-VA is de Unie gebaseerd op verantwoordelijkheid en solidariteit, en wel in die volgorde. Subsidies voor de meest getroffen regio’s en sectoren kunnen voor de N-VA maar in beperkte mate, en enkel onder strikte voorwaarden die rechtstreeks verband houden met de gezondheidscrisis.De N-VA blijft voorstander van een verdere “shift” in de uitgaven van het EU-beleid: de N-VA ijvert voor een strategische inzet op de uitdagingen van de toekomst en de sectoren die grote toegevoegde waarde creëren, zoals de verdieping van de interne markt, innovatie, O&O, migratiebeheer, veiligheid en defensie. De N-VA wil dat de begroting duidelijk uiting geeft aan die verschuiving naar een toekomstgericht beleid dat het concurrentievermogen en de veerkracht van de onderscheiden economieën ondersteunt.Uiteraard zijn financiële middelen noodzakelijk, maar het succes van ons Europees herstel zal toch voornamelijk afhangen van onze vastberadenheid. Een centralisatie van bevoegdheden is voor ons niet het antwoord dat de Unie nu nodig heeft. Om uit de crisis te geraken is daarentegen een ambitieus investeringsplan gebaseerd op verantwoordelijkheid en verstandige solidariteit essentieel.
2020/05/15
Port infrastructure charges

. – In het licht van de COVID-19-crisis stelt de Europese Commissie voor om de havendienstenverordening (Verordening (EU) 2017/352) tijdelijk aan te passen. De Commissie wil hiermee flexibiliteit bieden door toe te laten de infrastructuurheffing (die gebruikers van de haven betalen voor havendiensten) kwijt te schelden, te schorsen of te verminderen of een uitstel van betaling te verlenen, voor de periode van 1 maart 2020 tot 31 december 2020.Zowel in de Raad als in het Europees Parlement werden kritische vragen gesteld over de meerwaarde van het voorstel ten opzichte van de bestaande wetgeving. De Raad amendeerde het commissievoorstel, maar deze wijzigingen konden sommige lidstaten, waaronder België, niet overtuigen.Hoewel de N-VA-delegatie enkele amendementen heeft gesteund die het Commissievoorstel verbeteren, blijft ons principiële verzet tegen het voorstel overeind om volgende redenen. Ten eerste biedt de bestaande verordening voldoende flexibiliteit en is een aanpassing dus volstrekt onnodig. Ten tweede heeft het voorstel belangrijke financiële gevolgen voor de havenautoriteiten aangezien zij de maatregel financieel moeten dragen. Het spreekt voor zich dat o.a. het kwijtschelden van heffingen de inkomsten van de havens ontregelt. Die inkomsten zijn echter nodig om investeringen te doen in de infrastructuur, te meer omdat de EU erop toekijkt dat er geen staatssteun wordt gegeven aan havens. Bovendien is een algemene kwijtschelding in Vlaanderen niet aan de orde omdat niet alle gebruikers op dezelfde manier door de negatieve impact van COVID-19 worden getroffen. Sommig handelsverkeer ondervond geen negatieve gevolgen. Daarom pleit Vlaanderen voor een ad-hocbenadering waarin geval per geval wordt bekeken, en het beschouwt een veralgemeende uitbreiding tot alle gebruikers als contraproductief. Verder dreigt een verstoring van het gelijk speelveld en een “race to the bottom” indien deze wijziging wordt gebruikt om verdere kortingen af te dwingen. Ten slotte dreigt men hiermee het delicate evenwicht tussen de Europese zeehavens dat vervat zit in de bestaande wetgeving, waarover zeer lang werd onderhandeld, op de helling te zetten.
2020/05/15
Tourism and transport in 2020 and beyond (RC-B9-0166/2020, B9-0166/2020, B9-0175/2020, B9-0177/2020, B9-0178/2020, B9-0180/2020, B9-0182/2020, B9-0184/2020)

Transport en toerisme zijn uiterst belangrijke economische sectoren. Zo is de toerismesector alleen al goed voor ruim 22 miljoen banen in de EU (11,2 %) en bijna 10 % van het Europese bbp.De COVID-19-crisis treft de toerismesector ongemeen hard, ook in Vlaanderen.De Europese Commissie lanceerde op 13 mei een heel pakket met richtsnoeren en aanbevelingen. Commissaris Breton beklemtoonde meermaals dat hij voor de nodige middelen ijvert, maar tot vandaag blijft er over de precieze steun voor de toerismesector onduidelijkheid.Het is dan ook een terechte vraag om de nodige aandacht te geven aan deze sectoren, ook in het Europees beleid.Daarom steunt de N-VA de voorliggende resolutie. Wij plaatsen evenwel volgende kanttekeningen bij de tekst: ten eerste ligt het zwaartepunt voor het voeren van een toerismebeleid voor ons duidelijk bij de bevoegde overheden in de lidstaten, in ons geval Vlaanderen, en dat willen we zo houden. Net als de Europese Commissie zijn wij geen voorstander van een aparte begrotingslijn voor toerisme in de EU-begroting: de verschillende bestaande programma’s bieden voldoende mogelijkheden om middelen richting de toerismesector te laten vloeien. Tenslotte maken wij ook een voorbehoud aangaande de eenzijdige verwachtingen in de tekst ten aanzien van het door de Europese Commissie voorgestelde herstelplan.
2020/06/19
Adapting to development in the road transport sector (A9-0116/2020 - Ismail Ertug)

Sociale dumping in de transportsector is een oud zeer waar ook de Vlaamse transportsector ernstig onder gebukt gaat. Oost-Europese chauffeurs overspoelen onze transportmarkt en concurreren onze Vlaamse chauffeurs uit de markt. De sector competitief houden onder sociaal rechtvaardige omstandigheden is cruciaal. Daarom geeft de N-VA volle steun aan de nieuwe Europese afspraken over detachering van chauffeurs, slimme tachografen en rij- en rusttijden die deze sociale dumping moeten aanpakken.De N-VA verzet zich wel tegen de zogeheten afkoelingsperiode van vier dagen inzake cabotage. Deze beperking ondermijnt het businessmodel van vele Vlaamse vervoerders. Zij voeren cabotage voornamelijk uit om een lege terugrit naar huis te vermijden. Elke vorm van wachttijd heeft drastische gevolgen voor de rendabiliteit. Daarbij dreigen vooral de bedrijven in West- en Oost-Vlaanderen zwaar getroffen te worden (in het bijzonder kleine bedrijven of eenmanszaken). Deze provincies huisvesten meer dan de helft van de Vlaamse transportondernemingen met Frankrijk als belangrijkste handelspartner.De vooruitzichten voor de sector zijn al niet bijzonder rooskleurig met een nakende brexit en de sociaal-economische impact van COVID-19. De nieuwe beperkingen inzake cabotage vormen een bijkomende hindernis, die onze bedrijven kunnen missen als kiespijn. De kwestie krijgt mogelijk ook nog een juridisch staartje voor het Europees Hof van Justitie.
2020/07/08
Chemicals strategy for sustainability (B9-0222/2020)

De Commissie stelt dit najaar een duurzaamheidsstrategie voor chemische stoffen voor. Met deze resolutie geeft het Parlement al een schot voor de boeg.De tekst bevat veel positieve elementen. Zo wordt de essentiële rol van de chemiesector bij het vinden van innovatieve, koolstofarme oplossingen in functie van een duurzame transitie benadrukt. Ook een versnelde overgang naar gewasbeschermingsmiddelen met een laag risico, een optimaal gebruik van geïntegreerde plaagbestrijding en circulariteit steunen wij voluit. De resolutie vraagt terecht meer coherentie in het bestaande wettelijke kader en benadrukt het belang van de controle van import en handhaving in het kader van een gelijk speelveld.Om deze redenen steunt de N-VA de tekst. Dit neemt niet weg dat we kanttekeningen plaatsen bij bepaalde aspecten. Zo steunen wij de ambitie van de Commissie om gewasbeschermingsmiddelen met een hoog risico tegen 2030 te halveren, maar lijkt een uitfasering tegen 2030 weinig realistisch. De vraag naar een nieuwe testregeling dreigt ons terug te brengen naar de regeling vóór Reach, die niet efficiënt was. Wij steunen geen blanco verbod op de recyclage van materiaalstromen die bepaalde chemische stoffen bevatten, indien recyclage op een veilige manier kan. Ten slotte houden wij vast aan evidencebased beleid en de praktijk van maximumresidugehalten (MRL’s).
2020/07/10
The EU’s public health strategy post-COVID-19 (RC-B9-0216/2020)

De resolutie bevat een reeks goede aanbevelingen. Zo wordt terecht het belang benadrukt van onderzoek en innovatie, de noodzaak van een strategische reserve van geneesmiddelen en medisch materiaal en van de gezamenlijke Europese aanbesteding voor de aankoop van coronavaccins. De N-VA riep eerder al op tot het verankeren van essentiële productie in de EU, onder andere van grondstoffen voor geneesmiddelen. Wij onderschrijven ook de vraag naar een versterkt mandaat voor het ECDC en het EMA, verdere inspanningen tegen antimicrobiële resistentie en de uitbreiding van Europese Referentienetwerken. Verder delen wij uitdrukkelijk de bezorgdheid over de opmars van de zogeheten antivaccinatiebeweging. Maatregelen die deze tendens kunnen counteren, zoals een Europese vaccinatiekaart, steunen wij.Meer en betere coördinatie door de Commissie is nodig en ook mogelijk volgens het Verdrag. Subsidiariteit en het respecteren van de bestaande bevoegdheidsverdeling tussen de EU en de lidstaten, blijven voor de N-VA evenwel essentieel. Bepaalde voorstellen zitten wat dit betreft minstens in een grijze zone. In het algemeen wijzen de oproep tot een gezondheidsunie en de link met de toekomstconferentie in de richting van meer Europese centralisatie. Concreet gaat de vraag om een richtlijn over minimumnormen voor kwaliteitszorg volgens ons te ver. Daarom heeft de N-VA zich bij de eindstemming onthouden.
2020/07/10
The EU’s role in protecting and restoring the world’s forests (A9-0143/2020 - Stanislav Polčák)

Het belang van bossen kan nauwelijks worden overschat. Bossen zijn goed voor 42 % van de Europese landoppervlakte en vervullen verschillende rollen: ze zijn een bron van rust en recreatie en een habitat voor fauna en flora, ze leveren cruciale ecosysteemdiensten en een enorme bijdrage aan de strijd tegen klimaatverandering als tweede grootste koolstofopslagplaats. Duurzaam bosbeheer heeft bovendien een economische dimensie.De resolutie bevat veel positieve elementen om de bescherming en het herstel van bossen te bevorderen. Wij steunen ook de vraag naar bindende doelstellingen ter zake. De N-VA-delegatie plaatst evenwel de volgende kanttekeningen bij de tekst: wij delen de bezorgdheid over de duurzaamheid van biomassa op basis van hout. De N-VA heeft tijdens het herzieningsproces van de richtlijn hernieuwbare energie ook geijverd voor een betere afstemming tussen het energie- en materiaalbeleid. Vlaanderen heeft al strikte normen ter zake. Indien de keuze wordt gemaakt om de richtlijn die pas eind 2018 werd herzien, opnieuw te wijzigen, moet de impact op het behalen van de doelstellingen wel duidelijk worden geanalyseerd. Inzake de zorgvuldigheidseisen voor financiële instellingen vinden wij het geen taak van banken om ontbossing in kaart te brengen. Ten slotte vragen wij een sterke handhaving van het duurzaamheidsluik in handelsakkoorden, maar geen herziening van bestaande handelsakkoorden.
2020/09/15
Amending Decision No 1313/2013/EU on a Union Civil Protection Mechanism (A9-0148/2020 - Nikos Androulakis)

Begin 2019 werd het mechanisme voor civiele bescherming grondig herzien en werd een nieuw instrument, rescEU, in het leven geroepen. De N-VA steunde het bereikte akkoord voluit. Deze wet bepaalt onder meer dat de verantwoordelijkheid voor civiele bescherming in eerste instantie bij de lidstaten blijft. Volgens het Verdrag kan het Europese niveau wel een ondersteunende rol spelen. De nieuwe rescEU kan als laatste redmiddel worden ingezet, wanneer de capaciteit bij de lidstaten zelf en de capaciteit in de bestaande Europese pool, ontoereikend zijn.Naar aanleiding van de COVID-19-crisis stelt de Europese Commissie voor om het mechanisme verder te versterken en meer financiële middelen te voorzien teneinde beter het hoofd te kunnen bieden aan een crisis zoals de huidige pandemie.De N-VA steunt deze opzet en toont zich welwillend zodat de EU beter gewapend is om collectief op te treden in tijden van crisis. Daarom steunen we ook het voorliggende verslag. Evenwel uiten wij de bezorgdheid dat de voorgestelde uitgebreide wervingscapaciteit voor de Commissie effectief meerwaarde moet opleveren en moet leiden tot een snellere en effectievere actie. Wij hopen dat dit verder wordt geanalyseerd en uitgeklaard tijdens de onderhandelingen met de Raad.
2020/09/16
Global data collection system for ship fuel oil consumption data (A9-0144/2020 - Jutta Paulus)

De uitstoot van de internationale scheepvaart bedraagt 2 à 3 % van de globale emissies en laat een stijgende lijn zien. De N-VA benadrukt dat alle sectoren moeten bijdragen aan een duurzame transitie en steunt de consensus dat ook de scheepvaart bijkomende inspanningen moet leveren.In functie van een doeltreffend systeem is de verzameling van gegevens belangrijk. Daartoe werd in 2015 een verordening opgesteld over de monitoring, rapportering en verificatie van gegevens. Wat nu voorlag in de plenaire is een technische herziening om deze bestaande verordening af te stemmen op het globale systeem van gegevensverzameling van de Internationale Maritieme Organisatie en zo administratieve lasten te vermijden. De Raad nam al in oktober 2019 een gemeenschappelijk standpunt in.Het Europees Parlement heeft deze technische herziening echter aangegrepen om een voorschot te nemen op de opname van de internationale scheepvaart in het emissiehandelssysteem. De Commissie werkt momenteel aan een impactbeoordeling en komt normaal volgend jaar met een afzonderlijk wetgevingsvoorstel hierover. Dat lijkt ons ook de juiste manier van handelen. Men kan een dergelijke ingrijpende wijziging niet regelen in de marge van een technische herziening van de MRV-verordening die hiervoor niet de juiste basis vormt. Om deze reden heeft de N-VA zich onthouden bij eindstemming.
2020/09/16
Type approval of motor vehicles (Real Driving Emissions) (A9-0139/2020 - Esther de Lange)

In 2015 legde het dieselgateschandaal een serieuze bom onder de Europese milieuwetgeving. Door frauduleuze praktijken stootten wagens in werkelijkheid vele keren meer uit dan de norm toeliet, met een negatieve impact op de volksgezondheid en het vertrouwen in de interne markt. In 2016 stelde de Europese Commissie via een uitvoeringshandeling voor om de invoering van praktijktesten te koppelen aan een versoepeling van de NOx-uitstootnorm, via een zogeheten “conformiteitsfactor”. De N-VA steunde deze versoepeling niet. Verschillende experten gaven aan dat de technologie bestaat om de bestaande norm (vastgelegd in wetgeving uit 2007) ook te behalen in reële rijomstandigheden.In 2018 oordeelde het Europees Hof van Justitie dat de versoepeling van de norm via een conformiteitsfactor een essentiële wijziging aan de wetgeving betrof en dat de gevolgde procedure juridisch niet sluitend was. Dat brengt ons bij het nieuwe voorstel van de Europese Commissie dat vandaag voorlag in de plenaire. De Milieucommissie vraagt dat de conformiteitsfactor gradueel wordt verlaagd op basis van beoordelingen door het Gemeenschappelijke Centrum voor Onderzoek (JRC) en ophoudt te bestaan tegen september 2022. Gezien de geschiedenis van dit dossier en ons principieel verzet tegen de versoepeling van de NOx-norm in 2016, heeft de N-VA-delegatie het standpunt van de Milieucommissie gesteund.
2020/09/16
Just Transition Fund (A9-0135/2020 - Manolis Kefalogiannis)

Een duurzame transformatie houdt bijzondere uitdagingen in. Dit geldt zowel voor lidstaten die sterk afhankelijk zijn van grondstoffen als steenkool maar ook voor state-of-the-art industriële centra die in grote mate bijdragen aan de welvaart in de EU, zoals Vlaanderen. Ook deze lidstaten of deelstaten moeten voldoende ruimte krijgen om zich verder innovatief te ontwikkelen. Het Fonds voor een rechtvaardige transitie dient daarom mogelijkheden te bieden voor ondersteuning van verdere technologische innovaties in functie van een duurzame transitie in energie-intensieve regio’s. Met respect voor het subsidiariteitsprincipe en de mogelijkheid om eigen regio’s aan te duiden die in aanmerking komen voor financiering door het Fonds.Onze delegatie erkent dat aardgas een belangrijke technologie is voor de vervanging van steenkool en aardolie én in het licht van klimaatneutraliteit op EU-niveau. Voor dit specifieke fonds steunen wij echter het Commissievoorstel alsook het standpunt van de Raad om deze middelen niet aan te wenden voor investeringen in fossiele brandstoffen. Wij zijn ervan overtuigd dat er voldoende mogelijkheden zijn voor investeringen in innovatieve technologieën die fossielvrij zijn.N-VA verwierp bovendien het amendement dat klimaatneutraliteit tegen 2050 als nationale doelstelling stelt om toegang te krijgen tot het Fonds. De N-VA-delegatie onthoudt zich om deze redenen op de eindstemming.
2020/09/16
European Climate Law (A9-0162/2020 - Jytte Guteland)

De N-VA steunt het doel van klimaatneutraliteit op EU-niveau tegen 2050. Een duidelijke doelstelling creëert ook meer zekerheid voor investeringen.De Vlaamse klimaatstrategie 2050 en een reeks recente realisaties maken onze inzet voor een ambitieus, haalbaar en betaalbaar klimaatbeleid concreet. Ik verwijs naar de langetermijnrenovatiestrategie (de op één na beste van Europa), inspanningen voor meer bos en natuur, de lancering van de Blue Deal tegen droogte, onze pioniersrol inzake kringloopeconomie, …Het Parlement verliest zich echter in een opbod door te eisen dat ook élke lidstaat tegen 2050 klimaatneutraal moet zijn. Vlaanderen is een kleine en dichtbevolkte deelstaat, met belangrijke energie-intensieve industriële clusters. De EU moet rekening houden met deze verscheidenheid.Verder is er de 2030-uitstootverminderingsdoelstelling. De Commissie stelt minstens 55 % voor. Het Parlement eist 60 %. Wij kunnen geen van beide steunen. De effectbeoordeling op lid- of deelstaatniveau ontbreekt. Wij engageren ons daarom niet voor een belofte waarvan we de impact op Vlaanderen niet kennen. Het Parlement pleit ook voor een energiesysteem gebaseerd op hernieuwbare energie. Klimaatneutraliteit bereiken zonder kernenergie is een illusie.Daarom heeft de N-VA zich onthouden bij de eindstemming. Wij werken met volgehouden overtuiging verder aan een realistisch klimaatbeleid dat welvaart en competitiviteit centraal stelt.
2020/10/07
Mobilisation of the European Globalisation Adjustment Fund: application EGF/2020/001 ES/Galicia shipbuilding ancillary sectors (A9-0192/2020 - Valerie Hayer)

Het Europees Fonds voor aanpassing aan de globalisering (EFG) is opgericht om extra steun te geven aan werknemers die de gevolgen van grote structurele veranderingen in de wereldhandelspatronen ondervinden. Extra steun, die geenszins de nood kan wegnemen om structurele hervormingen door te voeren met het oog op duurzame economische groei. Een Europese transferunie kan geen remedie zijn om de werkloosheid aan te pakken, en kan geen broodnodig structureel hervormingsbeleid vervangen. Globalisering is immers onvermijdelijk en gaat hand in hand met de opening van nieuwe markten, met internationale concurrentie, met economische groei en met jobcreatie die het jobverlies in minder competitieve sectoren overtreft. N-VA verwelkomt daarentegen wel de recente uitbreiding van het toepassingsgebied voor de gevolgen van de brexit, die het economische weefsel – in het bijzonder voor onze exportgerichte kmo’s – op een plotse en directe manier kan aantasten. Daarom zal N-VA zich onthouden bij deze stemming over deze aanvraag voor Europese middelen.
2020/10/19
Deforestation (A9-0179/2020 - Delara Burkhardt)

Bossen zijn een bron van rust en recreatie en een habitat voor fauna en flora, ze leveren cruciale ecosysteemdiensten en een enorme bijdrage aan de strijd tegen klimaatverandering als tweede grootste koolstofopslagplaats, na oceanen. De N-VA-delegatie geeft haar volle steun aan meer bos en natuur, aan een betere bescherming van bossen én aan de strijd tegen ontbossing, in de EU maar ook wereldwijd. Wij onderschrijven ook de oproep tot een wettelijk EU-kader met een verplicht systeem van zorgvuldigheidseisen. Het standpunt van het Europees Parlement vinden wij echter op bepaalde punten te prescriptief. Daarom hebben wij ons onthouden bij de eindstemming. Wij willen voldoende ruimte laten aan de Europese Commissie om op basis van een effectbeoordeling een haalbaar en werkbaar voorstel uit te werken, dat ook rekening houdt met de specificiteit van kmo’s en de competitiviteit van de Europese industrie. ICT en artificiële intelligentie kunnen daarbij zeker instrumenten aanreiken om transparantie doorheen de keten te garanderen. Ook certificeringsregelingen kunnen hierin een belangrijke rol spelen. Wij vragen verder een sterke handhaving van het duurzaamheidsluik in handelsakkoorden, maar geen herziening van bestaande handelsakkoorden. Wij kijken nu uit naar het voorstel van de Europese Commissie dat wij met een open blik zullen beoordelen.
2020/10/22
Common agricultural policy - support for strategic plans to be drawn up by Member States and financed by the EAGF and by the EAFRD (A8-0200/2019 - Peter Jahr)

Het nieuwe landbouwbeleid moet een instrument zijn om te zorgen voor een toekomstgerichte landbouw met een rendabel bedrijfsmodel, waarbij landbouw een natuurlijke partner is in de strijd tegen de klimaatverandering. Wij ijveren voor een beleid dat Vlaams maatwerk mogelijk maakt én coherent is met natuur-, biodiversiteits- en klimaatbeleid. De stemming in het Europees Parlement staat daar echter haaks op. Hetzelfde Parlement stemde recent nochtans in met zéér ambitieuze klimaatdoelstellingen en maakte zich sterk dat alle sectoren hieraan zouden moeten bijdragen. Wanneer het over landbouwbeleid gaat, lijken de doelstellingen van biodiversiteit en vergroening echter ineens niet meer zo belangrijk. Deze inconsistentie zal niet zonder prijs en gevolgen blijven. Wanneer een derde van het Europees budget als het ware wordt vrijgesteld om substantieel bij te dragen aan een duurzame transformatie, dan verschuift de druk niet alleen volledig naar andere sectoren: het zet het hele verhaal op losse schroeven. Ook de Vlaamse landbouwer wint hier niet. Tot nu toe heeft het Europees landbouwbeleid voornamelijk geleid tot massale schaalvergroting, met nefaste gevolgen voor kleine Vlaamse landbouwbedrijven. Kleine, familiale ondernemingen die meerwaarde bieden, worden niet gestimuleerd en de plannen hypothekeren een landbouw op maat van het Vlaamse landschap. Daarom stemde de N-VA tegen dit voorstel.
2020/10/23
Common agricultural policy: financing, management and monitoring (A8-0199/2019 - Ulrike Müller)

N-VA steunt het nieuwe uitvoeringsmodel van het gemeenschappelijk landbouwbeleid (GLB) zoals voorgesteld door de Commissie, met meer vrijheid voor de lidstaten bij de uitvoering van het beleid. Dat moet ervoor zorgen dat het landbouwbeleid beter kan worden afgestemd op regionale behoeften, met minder rompslomp voor de begunstigden en met een verschuiving naar een prestatiegericht beleid. Daarbij moet het ook mogelijk zijn om beter controle te houden op de toepassing van de nu vereenvoudigde regels. N-VA is ook voorstander van de overgang naar een meer resultaatgestuurd beleidsmechanisme en betreurt de afzwakking ervan in het standpunt van het Parlement over het voorstel van de Commissie. Daarom hebben de N-VA-Europarlementsleden zich onthouden over het verslag.
2020/10/23
Common agricultural policy – amendment of the CMO and other Regulations (A8-0198/2019 - Eric Andrieu)

De N-VA onthoudt zich voor het dossier m.b.t. de gemeenschappelijke marktordening voor landbouwproducten. Wij zijn voorstander van een regelluwe gemeenschappelijke Europese marktorganisatie, maar pleiten voor maximale vrijheid voor de lid- en deelstaten bij de uitvoering van het beleid, minder administratieve lasten voor de mensen op het terrein en een vereenvoudigde regelgeving. We willen evolueren naar een nieuw landbouwmodel dat meer inzet op innovatieve landbouw.Voor het dossier van de plantaardige vleesvervangers kiest de N-VA voor pragmatisch realisme en duidelijkheid voor de consument. De benaming van plantaardige vleesvervangers moet vormelijke namen kunnen toelaten gezien deze vandaag goed ingeburgerd zijn bij de Vlaamse bevolking. We zijn wel tegen het gebruik van dierlijke benamingen voor deze plantaardige varianten, ook al verwijst dit naar de smaak van het product. Dit om consumentenmisleiding te vermijden.
2020/10/23
Objection pursuant to Rule 112: Genetically modified maize MON 87427 × MON 89034 × MIR162 × NK603 and genetically modified maize combining two or three of the single events MON 87427, MON 89034, MIR162 and NK603 (B9-0346/2020)

. ‒ De N-VA-delegatie steunt het bezwaar tegen het betreffend ggo niet om onderstaande redenen.De goedkeuringsprocedure voor ggo’s is strikt; de EFSA-risicobeoordeling speelt daarin een cruciale rol. De N-VA gelooft sterk in wetenschappelijk en empirisch onderbouwd beleid. Bovendien heeft de Commissie haar mandaat bij deze uitvoeringshandeling niet overschreden: wanneer de lidstaten geen gekwalificeerde meerderheid bereiken, is de Europese Commissie gemachtigd ggo’s goed te keuren op basis van een positief advies van de EFSA.Biotechnologie is een belangrijke sector voor innovatie, onderzoek en ontwikkeling. Ook Vlaanderen, en in het bijzonder Gent, speelt bij dergelijk onderzoek een toonaangevende rol. Door te pleiten voor een moratorium op de goedkeuring van ggo’s geeft het betreffende bezwaar het signaal af dat Europa dit onderzoek wil afremmen, wat naar mijn mening verkeerd en nefast is.Het blijft belangrijk om onderscheid te maken tussen ggo-techniek en -toepassing. Voorts is het duidelijk dat het (eventuele) gebruik van ggo’s altijd moet overeenkomen met een landbouwbeleid waarin de bescherming van de volksgezondheid, het milieu en de biodiversiteit een belangrijke plaats inneemt en waarbij geïntegreerde plaagbestrijding van essentieel belang is voor het duurzame gebruik van pesticiden en niet-chemische alternatieven.
2020/11/11
Objection pursuant to Rule 112: Genetically modified soybean SYHT0H2 (SYN-ØØØH2-5) (B9-0349/2020)

. ‒ De N-VA-delegatie steunt het bezwaar tegen het betreffend ggo niet om onderstaande redenen.De goedkeuringsprocedure voor ggo’s is strikt; de EFSA-risicobeoordeling speelt daarin een cruciale rol. De N-VA gelooft sterk in wetenschappelijk en empirisch onderbouwd beleid. Bovendien heeft de Commissie haar mandaat bij deze uitvoeringshandeling niet overschreden: wanneer de lidstaten geen gekwalificeerde meerderheid bereiken, is de Europese Commissie gemachtigd ggo’s goed te keuren op basis van een positief advies van de EFSA.Biotechnologie is een belangrijke sector voor innovatie, onderzoek en ontwikkeling. Ook Vlaanderen, en in het bijzonder Gent, speelt bij dergelijk onderzoek een toonaangevende rol. Door te pleiten voor een moratorium op de goedkeuring van ggo’s geeft het betreffende bezwaar het signaal af dat Europa dit onderzoek wil afremmen, wat naar mijn mening verkeerd en nefast is.Het blijft belangrijk om onderscheid te maken tussen ggo-techniek en -toepassing. Voorts is het duidelijk dat het (eventuele) gebruik van ggo’s altijd moet overeenkomen met een landbouwbeleid waarin de bescherming van de volksgezondheid, het milieu en de biodiversiteit een belangrijke plaats inneemt en waarbij geïntegreerde plaagbestrijding van essentieel belang is voor het duurzame gebruik van pesticiden en niet-chemische alternatieven.Ten slotte staat de N-VA ook achter de bevordering van de teelt van eiwithoudende gewassen in de EU, zodat de Europese afhankelijkheid van ingevoerde gewassen kan worden verminderd.
2020/11/11
Objection pursuant to Rule 112: Genetically modified maize MON 87427 × MON 87460 × MON 89034 × MIR162 × NK603 and genetically modified maize combining two, three or four of the single events MON 87427, MON 87460, MON 89034, MIR162 and NK603 (B9-0347/2020)

. ‒ De N-VA-delegatie steunt het bezwaar tegen het betreffend ggo niet om onderstaande redenen.De goedkeuringsprocedure voor ggo’s is strikt; de EFSA-risicobeoordeling speelt daarin een cruciale rol. De N-VA gelooft sterk in wetenschappelijk en empirisch onderbouwd beleid. Bovendien heeft de Commissie haar mandaat bij deze uitvoeringshandeling niet overschreden: wanneer de lidstaten geen gekwalificeerde meerderheid bereiken, is de Europese Commissie gemachtigd ggo’s goed te keuren op basis van een positief advies van de EFSA.Biotechnologie is een belangrijke sector voor innovatie, onderzoek en ontwikkeling. Ook Vlaanderen, en in het bijzonder Gent, speelt bij dergelijk onderzoek een toonaangevende rol. Door te pleiten voor een moratorium op de goedkeuring van ggo’s geeft het betreffende bezwaar het signaal af dat Europa dit onderzoek wil afremmen, wat naar mijn mening verkeerd en nefast is.Het blijft belangrijk om onderscheid te maken tussen ggo-techniek en -toepassing. Voorts is het duidelijk dat het (eventuele) gebruik van ggo’s altijd moet overeenkomen met een landbouwbeleid waarin de bescherming van de volksgezondheid, het milieu en de biodiversiteit een belangrijke plaats inneemt en waarbij geïntegreerde plaagbestrijding van essentieel belang is voor het duurzame gebruik van pesticiden en niet-chemische alternatieven.
2020/11/11
Programme for the Union's action in the field of health for the period 2021-2027 (“EU4Health Programme”) (A9-0196/2020 - Cristian-Silviu Buşoi)

. ‒ De N-VA steunt het aanvullende optreden van de Unie op het gebied van volksgezondheid en dringt in dit verband aan op betere samenwerking en coördinatie over de grenzen heen, met respect voor de bevoegdheid van de lid- en deelstaten. De huidige COVID-19-pandemie laat zien dat betere coördinatie tussen de lidstaten niet alleen nodig is, maar ook mogelijk krachtens het bestaande Verdrag.Het nieuwe gezondheidsprogramma van de EU voor de periode 2021-2027 stelt de volgende doelstellingen voorop: bescherming tegen grensoverschrijdende bedreigingen, beschikbaarheid van geneesmiddelen en medische hulpmiddelen en producten, stimulering van innovatie en versterking van gezondheidssystemen, waarbij onder meer bijzondere aandacht wordt besteed aan preventie. In het zojuist bereikte begrotingsakkoord wordt voor dit EU4Health-programma 5,1 miljard euro voorzien.De N-VA is bovendien voorstander van een versterkt mandaat voor het Europees Centrum voor ziektepreventie en -bestrijding (ECDC) en het Europees Geneesmiddelenbureau (EMA). Daarnaast zijn ook de verdere bestrijding van kanker, meer inspanningen tegen antimicrobiële resistentie, betere gegevensverzameling, de bevordering van de vaccinatiegraad en de uitbreiding van Europese referentienetwerken domeinen waar de EU toegevoegde waarde kan leveren.Om al deze redenen staat de N-VA achter het standpunt van het Europees Parlement en het starten van onderhandelingen met de Raad over een akkoord.
2020/11/13
Objection pursuant to Rule 112: Lead in gunshot in or around wetlands (B9-0365/2020)

In september bereikten de lidstaten een akkoord over het beperken van loodschot in waterrijke gebieden. In het Europees parlement werden hiertegen bezwaren ingediend, maar deze vonden geen meerderheid.De N-VA-delegatie steunt het door de lidstaten bereikte akkoord en stemde tegen de bezwaren. In de Unie sterven jaarlijks naar schatting één miljoen watervogels ten gevolge van loodvergiftiging. Het gebruik van lood in hagel vormt ook een risico voor soorten die zich voeden met vogels die besmet zijn met loodhagel.Vlaanderen heeft al sinds 2008 een verbod op loodschot. Dit is bovendien een totaalverbod en dus niet beperkt tot waterrijke gebieden. Loodvrije alternatieven zijn beschikbaar. Bovendien heeft het merendeel van de EU-lidstaten al bepalingen in de nationale wetgeving in verschillende vormen. Europese actie is dus legitiem. Deze is ook in lijn met aangegane verplichtingen in het kader van de Overeenkomst inzake de bescherming van Afrikaans-Euraziatische trekkende watervogels (AEWA).Daarom is de N-VA tevreden dat het akkoord van de lidstaten overeind blijft. Want enkel het Vlaamse verbod kan niet voorkomen dat vogels sterven ten gevolge van loodschot op hun trekroute naar het zuiden. Daarvoor is gezamenlijke Europese actie nodig, in het bijzonder in waterrijke gebieden, waar het risico op vergiftiging reëel is.
2020/11/25
European Year of Rail (2021) (A9-0191/2020 - Anna Deparnay-Grunenberg)

Sinds 1983 kiest de EU jaarlijks een thema om onder de aandacht te brengen. 2021 wordt uitgeroepen tot het “Europees Jaar van het spoor”. Gedurende het hele jaar worden evenementen, campagnes en initiatieven georganiseerd om het spoor als duurzame, veilige en innovatieve transportmodus te promoten. De N-VA erkent dat multimodaal vervoer een essentiële schakel is bij de verduurzaming van de transportsector. Spoorvervoer, zowel voor vracht als passagiers, speelt hierin een belangrijke rol. Dat wordt ook erkend in de strategie voor duurzame en slimme mobiliteit die de Europese Commissie recent voorstelde. Om deze reden kunnen wij de beslissing steunen, evenwel met volgende belangrijke kanttekeningen: wil het spoorvervoer een echt alternatief zijn voor burgers, dan is een kwalitatieve en betrouwbare dienstverlening waarbij de reiziger centraal staat dé sleutel tot oplossingen, eerder dan promotiecampagnes. In eigen land is hier nog veel werk voor de boeg en worden noodzakelijke structurele hervormingen (zoals de voorbereiding van de verplichte invoer van concurrentie) door de paars-groene regering op de lange baan geschoven. Vervolgens houdt de N-VA vast aan haar eerder ingenomen standpunt over het ter beschikking stellen van Interrail-passen en blijven wij gekant tegen dergelijke “gratispolitiek”. Gratis bestaat immers niet en populariteit kan je niet afkopen.
2020/12/15
Council regulation laying down the multiannual financial framework for the years 2021 to 2027 (A9-0260/2020 - Jan Olbrycht, Margarida Marques)

. – Als voorzitter van de Begrotingscommissie en delegatieleider van het onderhandelingsteam van het Europees Parlement ben ik tevreden met het akkoord dat werd bereikt over de meerjarenbegroting 2021-2027. Vanuit dat mandaat heb ik, samen met de collega’s uit het onderhandelingsteam, actief de consensus van de meerderheid in het Parlement vertolkt en verdedigd. Het Parlement is erin geslaagd om eigen accenten te leggen en de middelen voor toekomstgerichte programma’s in functie van scholing, onderzoek, innovatie en ontwikkeling – die tijdens de onderhandelingen onder druk kwamen te staan – te vrijwaren en te versterken. Dit zijn de programma’s waarin de Europese Unie echte meerwaarde kan creëren en het verschil kan maken. Via doorgedreven toekomstgerichte beleidskeuzes en -programma’s kan zij zich onderscheiden op mondiaal vlak, kan zij haar concurrentiekracht versterken en groei en jobcreatie ontwikkelen.Om deze doelstelling te bereiken, moet er een verdere shift gemaakt worden binnen het budget. Een shift die qua omvang en strategie voldoende uitgesproken en ambitieus dient te zijn. Ik stel echter, samen met mijn collega’s van de N-VA-delegatie, vast dat – hoewel er intenties aanwezig zijn – die shift onvoldoende groot is om het gewenste effect te kunnen bereiken. Binnen de meerjarenbegroting zijn er – nog steeds – een aantal vastgeroeste beleidskeuzes aanwezig die de aandacht en de middelen opeisen. Het valt te betreuren dat keuzes uit het verleden vaak worden aangezien voor ‘verworven rechten’. De Europese Unie moet zichzelf continu in vraag durven te stellen en de efficiëntie van beleidsopties meten, objectief beoordelen en bijsturen waar nodig. Wij hopen dat de Europese beleidsactoren – inclusief de lidstaten – de volgende jaren meer moed aan de dag zullen leggen om de echte troefkaarten uit te spelen, en fors te investeren in onderzoek, technologie, ontwikkeling en infrastructuur. Als de Europese Unie dat niet doet, dan zal het de facto altijd achter de feiten aanlopen.
2020/12/16
Objection pursuant to Rule 112(2) and (3): Genetically modified soybean MON 87751 × MON 87701 × MON 87708 × MON 89788 (B9-0411/2020)

De N-VA-delegatie steunt het bezwaar tegen de betrokken ggo niet om volgende redenen. De goedkeuringsprocedure voor ggo’s is strikt. De EFSA-risicobeoordeling speelt hierin een cruciale rol. De N-VA gelooft sterk in wetenschappelijk onderbouwd en “evidence-based” beleid. Bovendien heeft de Commissie haar mandaat bij deze uitvoerende handeling niet overschreden: wanneer de lidstaten geen gekwalificeerde meerderheid bereiken, dan is de Europese Commissie gemachtigd ggo’s goed te keuren op basis van een positief advies van EFSA. Biotechnologie is een belangrijke sector voor innovatie, onderzoek en ontwikkeling. Ook Vlaanderen, en in het bijzonder Gent, is toonaangevend in dergelijk onderzoek. Door te pleiten voor een moratorium op de goedkeuring van ggo’s, geeft het bezwaar het signaal dat Europa een rem wil zetten op dit onderzoek, wat volgens mij verkeerd en nefast is. Het blijft belangrijk een onderscheid te maken tussen ggo-techniek en toepassing. Het is ook duidelijk dat het (eventuele) gebruik van ggo’s altijd moet kaderen in een landbouwbeleid waarin de bescherming van volksgezondheid, milieu en biodiversiteit is geïntegreerd, waarbij geïntegreerde plaagbestrijding (“integrated pest management”) essentieel is voor een duurzaam gebruik van pesticiden en niet-chemische alternatieven. Tenslotte steunt de N-VA ook het stimuleren van EU-teelt van eiwitrijke gewassen om zo onze importafhankelijkheid te verminderen.
2020/12/17
Objection pursuant to Rule 112(2) and (3): Genetically modified maize MON 87427 × MON 89034 × MIR162 × MON 87411 and genetically modified maize combining two or three of the single events MON 87427, MON 89034, MIR162 and MON 87411 (B9-0413/2020)

De N-VA-delegatie steunt het bezwaar tegen de betrokken ggo’s niet om volgende redenen. De goedkeuringsprocedure voor ggo’s is strikt. De EFSA-risicobeoordeling speelt hierin een cruciale rol. De N-VA gelooft sterk in wetenschappelijk onderbouwd en “evidence-based” beleid. Bovendien heeft de Commissie haar mandaat bij deze uitvoerende handeling niet overschreden: wanneer de lidstaten geen gekwalificeerde meerderheid bereiken, dan is de Europese Commissie gemachtigd ggo’s goed te keuren op basis van een positief advies van EFSA. Biotechnologie is een belangrijke sector voor innovatie, onderzoek en ontwikkeling. Ook Vlaanderen, en in het bijzonder Gent, is toonaangevend in dergelijk onderzoek. Door te pleiten voor een moratorium op de goedkeuring van ggo’s, geeft het bezwaar het signaal dat Europa een rem wil zetten op dit onderzoek, wat volgens mij verkeerd en nefast is. Het blijft belangrijk een onderscheid te maken tussen ggo-techniek en toepassing. Het is ook duidelijk dat het (eventuele) gebruik van ggo’s altijd moet kaderen in een landbouwbeleid waarin de bescherming van volksgezondheid, milieu en biodiversiteit is geïntegreerd, waarbij geïntegreerde plaagbestrijding (“integrated pest management”) essentieel is voor een duurzaam gebruik van pesticiden en niet-chemische alternatieven
2020/12/17
Revision of the Trans-European Transport Network (TEN-T) guidelines (A9-0251/2020 - Jens Gieseke)

De Commissie werkt aan een herziening van de richtsnoeren inzake het trans-Europees vervoersnetwerk (TEN-T). Met de voorliggende resolutie maakt het Europees Parlement zijn aandachtspunten duidelijk. De toegevoegde waarde van de gemeenschappelijke vervoersruimte kan nauwelijks worden overschat. De COVID-19-pandemie bevestigt de rol en het belang van grensoverschrijdende vervoersverbindingen als echte levensaders voor de Europese economie. Een efficiënt en toekomstgericht TEN-T is cruciaal voor de interne markt en het concurrentievermogen. In de Commissie vervoer en toerisme had ik zelf een flink aantal amendementen ingediend, waarvan de meeste ook zijn opgenomen in de finale tekst.Ten eerste is het essentieel dat het TEN-T niet enkel focust op nieuwe infrastructuur, maar ook op modernisering en opwaardering van bestaande delen van het netwerk zodat het toekomstbestendig is. Adequate financiering is cruciaal. Verder is het heel belangrijk dat scheepvaartverbindingen in het verslag op gelijke voet worden geplaatst met verbindingen over land en dat de belangrijke rol van havens als strategische knooppunten, clusters van vervoerwijzen en hubs voor energie, industrie en blauwe economie wordt erkend. In het verslag wordt terecht ook de geopolitieke noodzaak belicht om strategische infrastructuur te beschermen. Ten slotte is ook mijn oproep voor voldoende veilige en beveiligde parkeerterreinen voor vrachtwagens opgenomen. Om deze redenen steunen wij het verslag.
2021/01/20
Establishing the Recovery and Resilience Facility (A9-0214/2020 - Eider Gardiazabal Rubial, Siegfried Mureşan, Dragoș Pîslaru)

De faciliteit voor herstel en veerkracht bestaat uit grootschalige financiële steun voor zowel overheidsinvesteringen als hervormingen, in het bijzonder op het gebied van een groene en digitale transitie.N-VA is steeds voorstander geweest van de oprichting van een fors Europees herstelfonds. Voor N-VA is het van belang dat de middelen een echte relance ondersteunen en dus structureel van aard zijn. De investeringsuitgaven mogen in ieder geval niet gebruikt worden om de gewoonlijke overheidsuitgaven te financieren en mogen geen aanleiding geven tot transferten die geen enkele wissel op de toekomst inhouden. Een goede handhaving van de voorwaarden staat dus voor N-VA voorop.Verder is het onbegrijpelijk dat de toewijzing van de middelen voor het grootste deel gebeurt op basis van historische macro-economische gegevens van de lidstaten. De gevolgen van de coronapandemie zijn groot voor alle regio’s in de Unie. De middelen van het herstelfonds dienen gebaseerd te worden op reële noden als gevolg van de impact van de crisis, niet op historische tekorten. De Unie is gebouwd op verantwoordelijkheid en solidariteit, en wel in die volgorde. De N-VA-Europarlementsleden hebben zich dan ook onthouden van stemming bij de goedkeuring van het akkoord over het herstelfonds.
2021/02/09
European Central Bank – annual report 2020 (A9-0002/2021 - Sven Simon)

Wij onthouden ons van stemming met betrekking tot het verslag over het jaarverslag van de ECB van de heer Simon, niettegenstaande de vele voor ons belangrijke punten die in de tekst werden opgenomen. Ik denk bijvoorbeeld aan de aandacht voor de negatieve gevolgen van het lage rentebeleid van de afgelopen jaren, de focus op de onafhankelijkheid van de ECB en de eis dat een mogelijke lancering van een digitale euro het recht op privacy van de burger moet respecteren en dat dit geen afbreuk mag doen aan cash als betaalmiddel. Ook verwelkomen we de oproep aan de ECB om in dialoog te treden met de nationale parlementen.Echter, dit betekent niet dat we met alles akkoord gaan. Zo zijn we het er weliswaar mee eens dat er meer vrouwen aan de top van de ECB zouden mogen werken, maar we hoeden ons voor positieve discriminatie. De job moet simpelweg naar de beste kandidaat gaan.Tot slot steunen we de vraag naar een Europees depositogarantiesysteem en Europese veilige activa niet. We hebben geen solidarisering van schuld op Europees niveau nodig wanneer ieder land zijn eigen schulden op orde heeft. Anders gezegd: wanneer iedereen voor eigen deur veegt, is de hele straat netjes. Dat principe werd overigens ook bij verdrag vastgelegd.
2021/02/09
A WTO-compatible EU carbon border adjustment mechanism (A9-0019/2021 - Yannick Jadot)

De N-VA steunt een ambitieus en realistisch klimaatbeleid dat concurrentievermogen en welvaart centraal stelt. Wij willen constructief meedenken over een EU-mechanisme voor koolstofcorrectie aan de grens om zo te vermijden dat CO2-intensieve producten vanuit derde landen Europa binnenkomen zonder dat zij aan soortgelijke klimaatregels moeten voldoen. Compatibiliteit met de regels van de Wereldhandelsorganisatie is daarbij wel een conditio sine qua non.Het is voor de N-VA essentieel dat een eventueel voorstel voor een dergelijk EU-mechanisme onderbouwd is met een grondige effectbeoordeling zoals het effect op de diverse lidstaten en sectoren, op de prijzen voor consumenten en op bestaande handelsakkoorden. Deze beoordeling is momenteel nog niet beschikbaar. De N-VA vindt het problematisch dat het voorliggende initiatiefverslag op een aantal punten vergaande veronderstellingen omvat, zonder het effect ervan te kennen, zoals het ruime toepassingsgebied. Verder gaat de N-VA er niet mee akkoord dat de opbrengsten eigen inkomsten van de EU zouden worden. Om deze redenen heeft de N-VA zich bij de eindstemming onthouden van stemming.Dat een meerderheid niet instemde met de stelling dat de invoering van een koolstofcorrectie aan de grens een alternatief is voor de bestaande maatregelen die sectoren beschermen tegen koolstoflekkage, is positief. Dit zou immers potentieel het gelijke speelveld voor Europese bedrijven ondermijnen.
2021/03/10
Objection pursuant to Rule 112(2) and (3): Genetically modified cotton GHB614 × T304-40 × GHB119 (B9-0160/2021)

De N-VA-delegatie steunt het bezwaar tegen de betrokken genetisch gemodificeerde organismen (ggo’s) niet om volgende redenen. De goedkeuringsprocedure voor ggo’s is strikt. De EFSA-risicobeoordeling speelt hierin een cruciale rol. De N-VA gelooft sterk in wetenschappelijk onderbouwd en “evidence-based” beleid. Bovendien heeft de Commissie haar mandaat bij deze uitvoerende handeling niet overschreden: wanneer de lidstaten geen gekwalificeerde meerderheid bereiken, dan is de Europese Commissie gemachtigd ggo’s goed te keuren op basis van een positief advies van het EFSA.Biotechnologie is een belangrijke sector voor innovatie, onderzoek en ontwikkeling. Ook Vlaanderen, en in het bijzonder Gent, is toonaangevend in dergelijk onderzoek. Door te pleiten voor een moratorium op de goedkeuring van ggo’s, geeft het bezwaar het signaal dat Europa een rem wil zetten op dit onderzoek, wat volgens mij verkeerd en nefast is.Het blijft belangrijk een onderscheid te maken tussen ggo-techniek en -toepassing. Het is ook duidelijk dat het (eventuele) gebruik van ggo’s altijd ingekaderd moet zijn in een landbouwbeleid waarin de bescherming van volksgezondheid, milieu en biodiversiteit is geïntegreerd, waarbij geïntegreerde plaagbestrijding (“integrated pest management”) essentieel is voor een duurzaam gebruik van pesticiden en niet-chemische alternatieven.
2021/03/10
Objection pursuant to Rule 112(2) and (3): Genetically modified maize MZIR098 (SYN-ØØØ98-3) (B9-0161/2021)

De N-VA-delegatie steunt het bezwaar tegen de betrokken genetisch gemodificeerde organismen (ggo’s) niet om volgende redenen. De goedkeuringsprocedure voor ggo’s is strikt. De EFSA-risicobeoordeling speelt hierin een cruciale rol. De N-VA gelooft sterk in wetenschappelijk onderbouwd en “evidence-based” beleid. Bovendien heeft de Commissie haar mandaat bij deze uitvoerende handeling niet overschreden: wanneer de lidstaten geen gekwalificeerde meerderheid bereiken, dan is de Europese Commissie gemachtigd ggo’s goed te keuren op basis van een positief advies van het EFSA.Biotechnologie is een belangrijke sector voor innovatie, onderzoek en ontwikkeling. Ook Vlaanderen, en in het bijzonder Gent, is toonaangevend in dergelijk onderzoek. Door te pleiten voor een moratorium op de goedkeuring van ggo’s, geeft het bezwaar het signaal dat Europa een rem wil zetten op dit onderzoek, wat volgens mij verkeerd en nefast is.Het blijft belangrijk een onderscheid te maken tussen ggo-techniek en -toepassing. Het is ook duidelijk dat het (eventuele) gebruik van ggo’s altijd ingekaderd moet zijn in een landbouwbeleid waarin de bescherming van volksgezondheid, milieu en biodiversiteit is geïntegreerd, waarbij geïntegreerde plaagbestrijding (“integrated pest management”) essentieel is voor een duurzaam gebruik van pesticiden en niet-chemische alternatieven..
2021/03/10
European Semester: Annual Sustainable Growth Strategy 2021 (A9-0036/2021 - Markus Ferber)

We onderschrijven de aandacht voor kleine en middelgrote ondernemingen in dit verslag en de vraag om toekomstgerichte hervormingen en investeringen, alsook dat het verslag erop wijst dat schulden nefast zijn en dat in goede tijden begrotingsbuffers aangelegd moeten worden.Twijfels hebben we dan weer over het feit dat de algemene ontsnappingsclausule pas in 2023 gedeactiveerd zou worden. Het lijkt ons beter dat dit continu gemonitord wordt.Daarnaast is het onze overtuiging dat het sociaal semester niet overladen mag worden met doelstellingen, omdat dit de efficiëntie van het instrument wegneemt. Het pleidooi voor een klimaatindicator delen we in die zin bijvoorbeeld niet.Om die reden onthouden we ons van stemming bij de stemming over dit verslag.
2021/03/11
Implementation of the Ambient Air Quality Directives (A9-0037/2021 - Javi López)

Luchtvervuiling blijft een gigantisch probleem, dat een grensoverschrijdende aanpak met inspanningen van alle sectoren behoeft.Het voorliggende uitvoeringsverslag biedt een grondige analyse van de stand van zaken en bevat heel wat goede elementen. Zo besteedt het terecht veel aandacht aan het belang een goed monitoringnetwerk. Meten is weten en vormt de basis voor verdere actie. Vergelijkbare gegevens zijn daarbij essentieel.De realiteit is dat bijna alle lidstaten kampen met enorme uitdagingen om de bestaande Europese normen te halen, laat staan de richtsnoeren van de Wereldgezondheidsorganisatie. De uitvoering en handhaving van de bestaande regels is daarom de eerste stap. De N-VA staat open voor een evolutie in de richting van meer ambitieuze normen, net als de Raad in zijn conclusies van maart 2020. Het parlement kiest echter voor de vlucht vooruit en wijst zelfs amendementen af die vragen om ook naar de praktische uitvoerbaarheid te kijken.Verkeer is een belangrijke bron van luchtvervuiling. Wij vinden het dan ook opmerkelijk dat een meerderheid van het parlement zich kant tegen alternatieven, uiteenlopend van elektrificatie en lng tot waterstof.Om deze redenen heeft de N-VA zich van stemming onthouden bij de eindstemming. Dit doet geen afbreuk aan onze blijvende inspanning om in praktijk verder te werken aan een betere luchtkwaliteit.
2021/03/25
EU Strategy for Sustainable Tourism (A9-0033/2021 - Cláudia Monteiro de Aguiar)

De coronapandemie houdt de wereld nu al een jaar in haar greep. De crisis treft de hele samenleving en economie, ook het toerisme. De toerismesector is goed voor ruim 11 procent van de totale werkgelegenheid en 10 procent van het bruto binnenlands product van de EU en is daarom een erg belangrijke economische speler. Steun- en herstelmaatregelen zijn dus ook voor deze sector essentieel, en wel op verschillende niveaus.Het voorliggende verslag bevat goede voorstellen voor een duurzame toekomst van de toerismesector. Met andere voorstellen is de N-VA het echter absoluut oneens. Zo pleit het Europees Parlement ervoor om van toerisme een gedeelde bevoegdheid te maken, een allesomvattend Europees toerismebeleid te ontwikkelen met een eigen begrotingslijn en als kers op de taart, een Europees agentschap voor toerisme. Toerisme en de promotie van de eigen regio of lidstaat is toch bij uitstek een taak die toebehoort aan de lidstaten. Volgens het Europees verdrag is toerisme een aanvullende bevoegdheid. De N-VA is allesbehalve vragende partij om dit te wijzigen. Verder heeft de EU geen nood aan een Europees toerismeagentschap. Wel aan reisagentschappen die weer op volle toeren kunnen draaien. Een turbo op de vaccinaties om deze pandemie zo snel mogelijk te overwinnen is vandaag de beste stimuleringsmaatregel voor de toerismesector.
2021/03/25
Environment: The Aarhus Regulation (A9-0152/2021 - Christian Doleschal)

Toegang tot de rechter is een essentieel beginsel in de democratische rechtsstaat. In de Aarhus-verordening worden de bepalingen van het Verdrag van Aarhus inzake toegang tot informatie, inspraak bij besluitvorming en toegang tot de rechter wat betreft milieuaangelegenheden omgezet.De Commissie heeft ter waarborging van een beter openbaar toezicht een aantal wijzigingen voorgesteld om de toegang tot administratieve en rechterlijke toetsing op EU-niveau te verbeteren. Zo wordt de werkingssfeer van het mechanisme voor interne herziening ten aanzien van administratieve handelingen verruimd van individuele naar algemene strekking.Het standpunt van de Raad blijft zeer dicht bij het voorstel van de Commissie. Het Europees Parlement gaat op een aantal punten echter veel verder.Het rechtsspraaksysteem van de EU heeft een gedecentraliseerd karakter: nationale rechters zijn ook Europese rechters. De N-VA wil net als de Commissie en de Raad dat de grondbeginselen van de rechtsorde van de EU en haar systeem van rechterlijke toetsing worden geëerbiedigd. Wij zijn geen voorstander van de wijziging van het verdrag.Voorts dragen bepaalde toevoegingen van het Parlement, waaronder het “aantonen van voldoende belang”, niet bij tot meer juridische duidelijkheid.Daarom hebben wij ons bij de eindstemming van stemming onthouden. Wij hopen dat de trialoogonderhandelingen tot een evenwichtig resultaat zullen leiden, zodat de naleving van het Verdrag van Aarhus kan worden verzekerd.
2021/05/20
EU Biodiversity Strategy for 2030: Bringing nature back into our lives (A9-0179/2021 - César Luena)

Biodiversiteitsverlies, klimaatverandering en grondstoffenschaarste zijn onlosmakelijk met elkaar verbonden en werken op elkaar in. De N-VA plaatst biodiversiteit en natuur al geruime tijd hoog op de agenda. Samen met Vlaams Minister Demir, verwelkomt de N-VA de biodiversiteitsstrategie van de Commissie richting 2030. Wij steunen de bindende doelstellingen voor bescherming en herstel. Ook het Europese governancekader dat het Parlement voorstelt, krijgt onze steun. Wij benadrukken hierbij evenwel dat de noodzakelijke financiering moet volgen, in het bijzonder voor lid- en deelstaten als Vlaanderen waar de afstand tot het bereiken van doelen nog groot is. Wij steunen ook de ambitie om het pesticidengebruik te halveren. Vandaag is het pesticidengebruik per hectare op jaarbasis in Vlaanderen zes keer hoger dan in de rest van de EU. Het verslag vestigt ook terecht aandacht op het belang van innovatie, natuuroplossingen en het noodzakelijke partnerschap tussen natuur en landbouw. Om al deze redenen steunen wij het verslag. Dat neemt niet weg dat wij ook kanttekeningen plaatsen bij bepaalde tekstdelen, zoals bij de oproep om ecocide bij het Internationaal Strafhof te erkennen, de volledige harmonisering van milieuaansprakelijkheid, de sancties voor duurzaamheidshoofdstukken in handelsverdragen en het gebrek aan een genuanceerde visie op de boomkor.
2021/06/08
European Parliament’s Scrutiny on the ongoing assessment by the Commission and the Council of the national recovery and resilience plans (RC-B9-0331/2021, B9-0331/2021, B9-0333/2021, B9-0334/2021, B9-0335/2021, B9-0337/2021, B9-0338/2021)

N-VA heeft het principe van een Europees herstelfonds altijd gesteund. De faciliteit voor herstel en veerkracht zoals die uiteindelijk vorm kreeg en werd goedgekeurd in februari, bestaat evenwel voor een te groot deel uit giften met alle risico’s van dien inzake verantwoordelijk gedrag. Verder is het ook uitkijken naar de handhaving van de voorwaarden geformuleerd in de verordening. De kwaliteit van de maatregelen van het herstelplan moet centraal staan. En er moeten waarborgen zijn op het vlak van controle gezien de enorme risico’s op oneigenlijk gebruik en fraude.De gezamenlijke resolutie die voorligt komt wat dat betreft te vroeg. Hoewel het merendeel van de lidstaten hun plannen hebben ingediend, heeft de Commissie nog geen enkel plan kunnen beoordelen, terwijl de periode waarbinnen de criteria worden geëvalueerd nog loopt.Het is ook ongepast dat de resolutie op verschillende vlakken bijkomende beleidsvereisten oplegt, terwijl er nog maar net werd afgesproken hoe dit herstelplan er uit moet zien. Mocht men deze aanwijzingen van het Parlement volgen, dan zou het ganse proces onbeheersbaar worden. Daarom keuren de N-VA parlementsleden deze gezamenlijke resolutie af.
2021/06/10
European Citizens' Initiative "End the cage age" (B9-0296/2021, B9-0302/2021)

Deze resolutie is een reactie op een Europees burgerinitiatief. De N-VA steunt de oproep aan de Commissie om de wetgeving te herzien richting een uitfasering voor kooisystemen voor landbouwdieren tegen 2027.Vlaanderen plaatst dierenwelzijn hoog op de agenda en trekt ook op Europees niveau de kar. Ook inzake de uitfasering van kooisystemen, neemt Vlaanderen het voortouw. Het Vlaams regeerakkoord voorziet al een uitfasering van kooisystemen voor het houden van pluimvee, na overleg met de landbouwsector en een economische impactmeting, met flankerende maatregelen en overgangstermijnen. Sinds 2016 is het verplicht vleeskonijnen in verrijkte parken te huisvesten, vanaf 2025 geldt dit ook voor kweekkonijnen.Het uitfaseren van kooisystemen is een stap vooruit maar voor een verhoogd dierenwelzijn blijft de intensiteit van het aantal dieren op een bepaalde oppervlakte een aandachtspunt. Wij hebben ook nog een aantal plenaire amendementen gesteund om ons standpunt verder vorm te geven, inclusief het verbod op dwangvoeding voor het produceren van foie gras. Een aantal amendementen kunnen we dan weer uitdrukkelijk niet steunen, zoals de oproep voor bijkomende regelgeving inzake verplichte oorsprongsetikettering, voorstellen voor verminderde consumptie van dierlijke producten, de automatische link tussen de uitfasering van kooisystemen en biologische landbouw en de inroeping van artikel XX van de GATT.
2021/06/10
European Climate Law (Jytte Guteland - A9-0162/2020)

De N-VA steunt het doel van klimaatneutraliteit op Europees niveau tegen 2050. Europa mag en kan een voortrekkersrol spelen richting een duurzame, innovatieve transitie. Op die manier weten investeerders ook waar ze aan toe zijn.De klimaatwet bevat echter ook de formele verbintenis om uiterlijk in 2030 de CO2-uitstoot met minstens 55% te verminderen, in plaats van de eerder afgesproken doelstelling van minstens 40%. Men gaat deze verplichting aan zónder de impact van dit nieuwe doel op lidstaatniveau te kennen. Voor ons moeten bij het klimaatbeleid welvaart en concurrentievermogen centraal staan. Daarvoor moeten we de sociaal-economische effecten kennen.Zelfs de eigen onderzoeksdienst van het Europees parlement (EPRS) wees in een kritische analyse op tekortkomingen in de onderbouwing van de nieuwe doelstelling voor 2030. Ook de EPRS duidde op het feit dat de sociaal-economische effecten geaggregeerd worden op het niveau van de EU-27, maar niet worden uitgesplitst per lidstaat.Het probleem van de ontbrekende impactbeoordeling op lidstaatniveau begint nu eindelijk ook de Europese leiders te dagen, zo blijkt uit de discussie tijdens de Europese top in mei. Op de tast en met een gammel kompas aan deze tocht beginnen is geen blijk van goed bestuur. Daarom steunen wij de voorliggende klimaatwet niet.
2021/06/24
Objection pursuant to Rule 112(2) and (3): Genetically modified maize 1507 × MIR162 × MON810 × NK603 and genetically modified maize combining two or three of the single events 1507, MIR162, MON810 and NK603 (B9-0374/2021)

De N-VA-delegatie steunt het bezwaar tegen de betrokken ggo niet om volgende redenen. De goedkeuringsprocedure voor ggo’s is strikt. De EFSA-risicobeoordeling speelt hierin een cruciale rol. De N-VA gelooft sterk in wetenschappelijk onderbouwd en “evidence-based” beleid. Bovendien heeft de Commissie haar mandaat bij deze uitvoerende handeling niet overschreden: wanneer de lidstaten geen gekwalificeerde meerderheid bereiken, dan is de Europese Commissie gemachtigd ggo’s goed te keuren op basis van een positief advies van EFSA.Biotechnologie is een belangrijke sector voor innovatie, onderzoek en ontwikkeling. Ook Vlaanderen, en in het bijzonder Gent, is toonaangevend in dergelijk onderzoek. Door te pleiten voor een moratorium op de goedkeuring van ggo’s, geeft het bezwaar het signaal dat Europa een rem wil zetten op dit onderzoek, wat volgens mij verkeerd en nefast is.Het blijft belangrijk een onderscheid te maken tussen ggo-techniek en toepassing. Het is ook duidelijk dat het (eventuele) gebruik van ggo’s altijd moet kaderen in een landbouwbeleid waarin de bescherming van volksgezondheid, milieu en biodiversiteit is geïntegreerd, waarbij geïntegreerde plaagbestrijding (“integrated pest management”) essentieel is voor een duurzaam gebruik van pesticiden en niet-chemische alternatieven.
2021/07/06
European Medicines Agency (A9-0216/2021 - Nicolás González Casares)

Inzake volksgezondheid steunt de N-VA het aanvullende optreden van de Unie en dringt ze aan op een betere samenwerking en coördinatie over de grenzen heen, met respect voor de bevoegdheid van de lid- en deelstaten. Wij zijn geen vragende partij voor een gezondheidsunie en al zeker niet voor een verdragswijziging terzake. De huidige COVID-19-pandemie toont evenwel aan dat een betere coördinatie tussen de lidstaten nodig is én ook mogelijk volgens het bestaande Verdrag.In die context steunen wij de versterking van bestaande structuren zoals het EMA (Europees geneesmiddelenagentschap) en het ECDC (Europees Centrum voor Ziektepreventie en -bestrijding). Dit valt absoluut te verkiezen boven de creatie van nieuwe instellingen.Het voorstel verbreedt de actieradius van het EMA van geneesmiddelen naar medische hulpmiddelen. Het beoogt ook de samenwerking met het ECDC te verbeteren en heeft terecht aandacht voor het belang van cybersecurity.Om al deze redenen steunt de N-VA het standpunt van het Parlement. Dat neemt niet weg dat bepaalden elementen (o.a. de databank) verder moeten worden uitgeklaard tijdens de onderhandelingen met de Raad in functie van werkbaarheid, uitvoerbaarheid en ook samenhang met de farmaceutische strategie.
2021/07/08
General Union Environment Action Programme to 2030 (A9-0203/2021 - Grace O'Sullivan)

De tekst van het Europees Parlement bevat goede aanvullingen op het commissievoorstel, zeker inzake de strijd tegen biodiversiteitsverlies en de overgang naar een circulaire economie.De tekst bevat echter ook problematische passages voor de N-VA. Ten eerste de verwijzing naar de verhoogde emissiereductiedoelstelling van minstens 55% tegen 2030. Bij de stemming over de klimaatwet hebben wij ons standpunt terzake duidelijk gemaakt en het belang van een impactanalyse op lidstaatniveau beklemtoond. Verder beoogt het Parlement een transitie naar een economie gebaseerd op hernieuwbare energie. Studies van zowel de Commissie, het IPCC en het IEA zien echter allemaal een rol voor o.a. kernenergie bij het bereiken van klimaatneutraliteit. Ten derde zet het rapport zwaar in op systemische veranderingen. Op zich onderschrijven wij dit, maar steeds binnen het paradigma van de markteconomie. Voor ons moet het klimaatbeleid welvaart en concurrentiekracht centraal stellen. Grote transities hebben enkel kans op slagen binnen een groeimodel. Wij passen resoluut voor scenario’s van opoffering of “degrowth”. Ten vierde bevat het verslag veel verwijzingen naar de taxonomiewetgeving waarvan cruciale onderdelen nog moeten worden beslist. Tenslotte steunen wij de uitfasering van schadelijke subsidies maar lijken de vooropgestelde data weinig realistisch. Om deze redenen hebben wij ons onthouden bij de eindstemming.
2021/07/08
European Centre for Disease Prevention and Control (A9-0253/2021 - Joanna Kopcińska)

Inzake volksgezondheid steunt de N-VA het aanvullende optreden van de Unie. Wij dringen aan op een betere samenwerking en coördinatie over de grenzen heen, waar dit meerwaarde biedt voor de gezondheid van de burgers en waardoor de impact op het vrije verkeer wordt beperkt. Vanzelfsprekend met respect voor de bevoegdheid van de lid- en deelstaten.Wij zijn geen vragende partij voor een gezondheidsunie en al zeker niet voor een verdragswijziging ter zake. De huidige COVID-19-pandemie toont evenwel aan dat een betere coördinatie tussen de lidstaten nodig is en volgens het bestaande Verdrag ook mogelijk is.In die context steunen wij de versterking van bestaande structuren zoals het Europees Geneesmiddelenbureau (EMA) en het Europees Centrum voor ziektepreventie en -bestrijding (ECDC). Dit valt absoluut te verkiezen boven de creatie van nieuwe instellingen.Het voorliggende standpunt van het Parlement moet er mee voor zorgen dat de expertise van het ECDC beter wordt benut en dat het centrum veerkrachtiger en toekomstbestendig wordt. Wij menen dat het standpunt van het Europees Parlement een verdedigbare basis vormt voor het opstarten van de onderhandelingen met de Raad, en zijn ervan overtuigd dat deze onderhandelingen tot een evenwichtig resultaat zullen leiden.
2021/09/15
Serious cross-border threats to health (A9-0247/2021 - Véronique Trillet-Lenoir)

Inzake volksgezondheid steunt de N-VA het aanvullende optreden van de Unie. Wij dringen aan op een betere samenwerking en coördinatie over de grenzen heen, waar dit meerwaarde biedt voor de gezondheid van de burgers en waardoor de impact op het vrije verkeer wordt beperkt. Vanzelfsprekend met respect voor de bevoegdheid van de lid- en deelstaten.Wij zijn geen vragende partij voor een gezondheidsunie en al zeker niet voor een verdragswijziging ter zake. De huidige COVID-19-pandemie toont evenwel aan dat een betere coördinatie tussen de lidstaten nodig is en volgens het bestaande Verdrag ook mogelijk is.In die context steunen wij de versterking van bestaande structuren zoals het Europees Geneesmiddelenbureau (EMA) en het Europees Centrum voor ziektepreventie en -bestrijding (ECDC) en ook de update van de bestaande wetgeving inzake grensoverschrijdende bedreigingen van de gezondheid. Dit valt absoluut te verkiezen boven de creatie van nieuwe instellingen.Het voorliggende standpunt van het Parlement moet er mee voor zorgen dat de EU en de lidstaten beter voorbereid zijn op een crisis. Wij menen dat het standpunt van het Europees Parlement een verdedigbare basis vormt voor het opstarten van de onderhandelingen met de Raad, en zijn ervan overtuigd dat deze onderhandelingen tot een evenwichtig resultaat zullen leiden.
2021/09/15
Objection pursuant to Rule 111(3): Criteria for the designation of antimicrobials to be reserved for the treatment of certain infections in humans (B9-0424/2021)

Overmatig gebruik van antibiotica leidt tot resistente bacteriën die zowel dier als mens treffen. De N-VA onderschrijft de bezorgdheid over antimicrobiële resistentie (AMR). Wereldwijde actie om AMR te bestrijden is noodzakelijk voor de gezondheid van mens én dier. De gedelegeerde handeling van de Europese Commissie heeft precies dit doel voor ogen.Het Commissievoorstel is empirisch onderbouwd en kan bogen op stevige wetenschappelijke adviezen van verschillende Europese agentschappen. Wij steunen het voorliggende bezwaar tegen het voorstel dan ook niet. Dit bezwaar pleit ervoor bepaalde antibiotica strikt voor te behouden voor gebruik bij mensen. Het spreekt voor zich dat preventie, beste praktijken en het rationeel gebruik van antibiotica prioriteit moeten krijgen. In de voorbije tien jaar is het gebruik van antibiotica in de diergeneeskunde overigens al fors gereduceerd met 40 procent. We willen dit nog verder terugschroeven, maar zonder elk antibioticagebruik helemaal te verbieden. Het moet mogelijk blijven om zieke dieren te behandelen met antibiotica wanneer dat de enige manier is om hen te helpen. Het verbod op het gebruik van bepaalde antibiotica bij dieren zou concreet betekenen dat een aantal bacteriële aandoeningen bij dieren niet langer kunnen worden behandeld, met veel dierenleed tot gevolg.Daarom stemt de N-VA tegen het bezwaar.
2021/09/15
Environment: The Aarhus Regulation (A9-0152/2021 - Christian Doleschal)

Toegang tot de rechter is een essentieel beginsel in de democratische rechtsstaat. In de Aarhus-verordening worden de bepalingen van het Verdrag van Aarhus inzake toegang tot informatie, inspraak bij besluitvorming en toegang tot de rechter wat betreft milieuaangelegenheden omgezet.De Commissie heeft ter waarborging van een beter openbaar toezicht een aantal wijzigingen voorgesteld om de toegang tot administratieve en rechterlijke toetsing op EU-niveau te verbeteren. Zo wordt de werkingssfeer van het mechanisme voor interne herziening ten aanzien van administratieve handelingen verruimd van individuele naar algemene strekking.Het rechtsspraaksysteem van de EU heeft een gedecentraliseerd karakter: nationale rechters zijn ook Europese rechters. De N-VA wil net als de Commissie en de Raad dat de grondbeginselen van de rechtsorde van de EU en haar systeem van rechterlijke toetsing worden geëerbiedigd. Wij zijn geen voorstander van wijziging van het verdrag.Het initiële standpunt van het Parlement vonden wij te ambitieus. Het resultaat van de onderhandelingen met de Raad achten wij aanvaardbaar teneinde de naleving van het Verdrag van Aarhus te verzekeren.
2021/10/05
Banking Union - annual report 2020 (A9-0256/2021 - Danuta Maria Hübner)

De verdere uitbouw van de bankenunie is voor N-VA van groot belang. We verwelkomen dan ook dit verslag.Niettemin hebben we ook enkele bezorgdheden. Zo is er geen aandacht voor het effect van het lage rentebeleid op de bankensector, zijn we bezorgd over het gevaar van zogenaamde “green asset bubbels”, en steunen we het pleidooi om een Europees depositogarantiesysteem in te voeren zonder voorafgaande risicoreductie niet. Wil de EU geloofwaardig blijven en toekomstige crisissen zo veel mogelijk voorkomen, dan moet de juiste volgorde in het uitbouwen van die bankenunie gevolgd worden.
2021/10/07
Reforming the EU policy on harmful tax practices (including the reform of the Code of Conduct Group) (A9-0245/2021 - Aurore Lalucq)

N-VA steunt de intenties van het verslag. Zoals de recente actualiteit eens te meer heeft aangetoond, is het een privilege van enkele gefortuneerden om hun vermogen en/of identiteit af te schermen van onze fiscale overheden. Dat verhoogt logischerwijs de belastingdruk voor het allergrootste deel van de belastingbetalers en ondergraaft het vertrouwen in ons systeem. We moeten dan ook resoluut inzetten op het vergroten van de transparantie, bijvoorbeeld van de criteria die de code of conduct group gebruikt en verder hameren op een betere informatie-uitwisseling tussen landen.Echter, als beleidsmakers moeten we er ons voor hoeden om de incentive om gebruik te maken van offshore constructies niet net vergroten in de drang om het fenomeen terug te dringen. Zo zou de invoering van gekwalificeerde meerderheid in fiscale zaken op Europees niveau ook de gezonde belastingconcurrentie en een efficiënte organisatie van een belastingadministratie in het gedrang kunnen brengen. Een minimumtarief in de vennootschapsbelasting kan ons inziens dan weer enkel soelaas bieden, wanneer een oplossing op OESO-niveau wordt gevonden.
2021/10/07
Farm to Fork Strategy (A9-0271/2021 - Anja Hazekamp, Herbert Dorfmann)

De duurzame transitie richting klimaatneutraliteit op EU-niveau tegen 2050 kan enkel slagen wanneer alle sectoren inspanningen leveren. Een toekomstgerichte landbouw met een rendabel bedrijfsmodel is essentieel. Landbouw moet een natuurlijke partner zijn in de strijd tegen de klimaatverandering én samenhang met natuur- en biodiversiteitsbeleid is noodzakelijk.De “van boer tot bord”-strategie van de Commissie bevat bijzonder waardevolle elementen om deze duurzame omwenteling te realiseren. Daarom stemmen wij voor de voorliggende tekst. Zo steunen wij de vraag naar bindende reductiedoelstellingen voor onder andere het gebruik van pesticiden. Zonder dit bindende karakter dreigt de strategie immers een lege doos te worden. We willen ook resoluut inzetten op het schoner maken van de reguliere landbouw in combinatie met biologische landbouw in specifieke gebieden.Dit neemt evenwel niet weg dat wij bepaalde onderdelen van de EP-resolutie nadrukkelijk niet steunen. Zo pleiten wij voor een ratificatie van de Mercosur-handelsovereenkomst mét een bijkomende onderhandelde verklaring inzake ontbossing. We zijn geen voorstander van de opname van landbouwregio’s in het mechanisme voor een rechtvaardige overgang, we blijven gekant tegen een verdere uitbreiding van de oorsprongsetikettering en vinden dat bepaalde onderdelen van het verslag neigen naar te veel centralisatie en betutteling.
2021/10/19
An EU strategy to reduce methane emissions (A9-0277/2021 - Maria Spyraki)

Methaan is na CO2 het meest krachtige broeikasgas. De recente belofte van de EU en de VS om uiterlijk in 2030 de methaanuitstoot wereldwijd met 30 % te verminderen, krijgt steeds meer steun. De Europese Commissie stelde ook een nieuwe strategie voor die gericht is op de drie sectoren die verantwoordelijk zijn voor nagenoeg alle methaanuitstoot, namelijk landbouw, energie en afval via stortplaatsen. Met onze steun aan de resolutie willen wij het politieke signaal geven dat inzake methaan inderdaad bijkomende acties nodig zijn, Europees en wereldwijd.Dit neemt niet weg dat wij een voorbehoud maken bij bepaalde voorstellen van het Parlement. Zo ontbreekt het vooral in enkele passages over het energiebeleid aan de nodige realiteitszin. Ter vervanging van het enorm vervuilende steenkool zullen we in de EU nog enige tijd gas nodig hebben. We zijn hiervoor afhankelijk van derde landen en de vraag vandaag is vooral of er überhaupt voldoende energie richting Europa komt.Een structurele oplossing vereist dat we minder importafhankelijk worden. Dit kan uiteraard door investeringen in hernieuwbare energie, maar de combinatie met kernenergie is daarbij cruciaal! Verder pleiten wij bij de doelstellingen voor 2030 voor een evenwichtiger en kostenefficiëntere verdeling van de inspanningen en steunen wij het gebruik van lng in de scheepvaart als vervanging van zware stookolie.
2021/10/21
UN Climate Change Conference in Glasgow, the UK (COP26) (B9-0521/2021)

De resolutie in aanloop naar de VN-klimaattop in Glasgow bevat een reeks positieve elementen. Zo wordt het belang van wereldwijde inspanningen om de doelen van het Verdrag van Parijs te bereiken terecht beklemtoond. Ook de aandacht voor adaptatie, natuurgebaseerde oplossingen en innovatie vinden wij belangrijk.De tekst bevat echter ook een aantal problematische passages. Wij steunen het doel van klimaatneutraliteit op Europees niveau tegen 2050, maar hebben vragen bij de weg hiernaartoe. Zo pleiten wij in het bijzonder voor een evenwichtiger en kostenefficiëntere verdeling van de inspanningen tussen lidstaten en sectoren wat betreft de 2030-doelen én voor internationale flexibiliteit. Verder onderschrijven wij de oproep van nu al minstens tien lidstaten om kernenergie aan te merken als een duurzame investering. In eigen land valt het vervangen van deze koolstofarme technologie door fossiele gascentrales niet te begrijpen. Verder blijven wij ervan overtuigd dat de EIB niet louter kan vervellen tot klimaatbank en dat de opbrengsten van eventuele koolstofgrenscorrecties naar de lidstaten moeten gaan. Om al deze redenen hebben wij ons van stemming onthouden bij de eindstemming. Dit doet niets af aan onze niet-aflatende inspanningen voor een realistisch klimaatbeleid dat welvaart en competitiviteit centraal stelt.
2021/10/21
Pandora Papers: implications on the efforts to combat money laundering, tax evasion and avoidance (B9-0527/2021, RC B9-0530/2021, B9-0530/2021, B9-0531/202)

N-VA steunt resoluut de strijd tegen belastingontduiking. Niet alleen voerden we in 2015 op Belgisch niveau al de kaaimantaks in, we steunen ook verdere initiatieven op Europees en internationaal niveau. Zonder transparantie en internationale samenwerking kunnen we die strijd tegen belastingontduiking immers niet doelgericht en efficiënt voeren. Zo verwelkomen we in het bijzonder de voorstellen van de Europese Commissie inzake de witwasbestrijding en kijken we uit naar de behandeling daarvan in het Europees Parlement.Daarnaast ondersteunen we het verzoek van het Parlement aan de Raad om transparanter te zijn over de criteria die deze gebruikt om te bepalen welke jurisdicties op de zogenaamde “grijze” en “zwarte” lijst van belastingparadijzen worden gezet. Ook mogen meer consequenties verbonden worden aan die lijsten. Dit moet de druk op niet-coöperatieve jurisdicties vergroten, om zo tot daadwerkelijke samenwerking en informatie-uitwisseling met onze belastingdiensten te komen.Het is deze achilleshiel die in eerste instantie weggewerkt moet worden. De VS kunnen hierbij, zoals het recente OESO-akkoord inzake vennootschapsbelasting heeft aangetoond, een natuurlijke partner zijn. Hierop moet onze focus liggen, eerder dan op het afstappen van unanimiteit in fiscale zaken, het veroordelen van bondgenoten of het afzwakken van fundamentele rechten, zoals het recht op verdediging of het vermoeden van onschuld. Om deze laatste reden kunnen we niet voor dit voorstel stemmen.
2021/10/21
Disclosure of income tax information by certain undertakings and branches (A9-0305/2021 - Evelyn Regner, Ibán García Del Blanco)

‒ De N-VA is voorstander van internationale samenwerking op fiscaal gebied en dus ook van dit akkoord. Wij plaatsen niettemin graag nog enkele kanttekeningen die verdere opvolging verdienen.Er heeft lang onduidelijkheid geheerst over de wettelijke basis van deze wetgeving. Als gevolg van deze rechtsonzekerheid is tijd verloren gegaan die aan een inhoudelijker bespreking gewijd had kunnen worden.Wat de inhoud van het akkoord betreft, willen wij erop wijzen dat niet alle gepubliceerde informatie steeds eenduidig geïnterpreteerd zal kunnen worden. Zo bestaan er tussen de lidstaten verschillen in belastingdruk op de vaste inrichtingen en wordt de belasting in de ene lidstaat bepaald op grond van de boekhoudkundige winst terwijl in de andere een autonome belastinggrondslag wordt bepaald die losstaat van de boekhoudkundige winst.Voorts willen we erop wijzen dat de informatie grotendeels reeds in de jaarrekeningen of jaarverslagen van de geviseerde ondernemingen is terug te vinden. Deze documenten zijn in België, in tegenstelling tot veel andere lidstaten, gratis beschikbaar.Ten slotte plaatsen we graag ook nog een geopolitieke kanttekening: (niet-Europese) concurrenten kunnen dankzij de gedetailleerde openbaarmaking van de omzet, winst en belastingen per land of rechtsgebied commerciële informatie bemachtigen, waardoor de concurrentiepositie van Europese ondernemingen wordt verzwakt.
2021/11/11
Serious cross-border threats to health (A9-0247/2021 - Véronique Trillet-Lenoir)

‒ De N-VA pleit voor betere grensoverschrijdende samenwerking en coördinatie op het gebied van volksgezondheid waar dit meerwaarde biedt voor de burgers en waarbij de gevolgen voor het vrije verkeer worden beperkt. Hierbij moeten de bevoegdheden van de lid- en deelstaten en de in het bestaande Verdrag verankerde bevoegdheden uiteraard worden geëerbiedigd. Wij zijn dan ook voorstander van de versterking van bestaande structuren zoals het EMA en het ECDC en de herziening van de wetgeving inzake grensoverschrijdende bedreigingen van de gezondheid.Het Parlement voegt vandaag aan het verslag over grensoverschrijdende bedreigingen van de gezondheid echter de oprichting van HERA toe. Hoewel wij de frustraties van het Parlement over de top-downbenadering van de Commissie met betrekking tot HERA begrijpen, maken wij hierbij evenwel een voorbehoud. De cruciale vraag of we überhaupt een nieuwe instelling nodig hebben, blijft voor ons namelijk onbeantwoord. Is het niet beter om het takenpakket van het EMA en het ECDC verder uit te breiden? Hoe zullen de bestaande agentschappen met HERA samenwerken? Kan de overvloedige deskundigheid van de lid- en deelstaten niet efficiënter worden benut?Bovendien maken wij ons zorgen om de implicaties van HERA voor de begroting, aangezien een aanzienlijk deel van haar middelen uit Horizon Europa, EU4Health en rescEU richting HERA vloeien.Dit alles zal niet zonder gevolgen blijven. De N-VA heeft zich daarom van stemming onthouden.
2021/11/11
Common agricultural policy - support for strategic plans to be drawn up by Member States and financed by the EAGF and by the EAFRD (A8-0200/2019 - Peter Jahr)

Het nieuwe landbouwbeleid moest een instrument zijn voor een toekomstgerichte landbouw met een rendabel bedrijfsmodel, waarbij landbouw een natuurlijke partner is in de strijd tegen de klimaatverandering. Wij ijveren voor een beleid dat Vlaams maatwerk mogelijk maakt én coherent is met natuur-, biodiversiteits- en klimaatbeleid. Het voorliggende akkoord is eerder een bestendiging van het status quo. Daarom stemt de N-VA tegen.Nog steeds een derde van de EU-begroting gaat naar het landbouwbeleid. Wij bepleiten een verdere budgettaire verschuiving richting innovatieve en toekomstgerichte programma’s. Ook landbouwmiddelen zelf moeten doelgerichter worden ingezet. De Europese Rekenkamer besloot onlangs dat het GLB, ondanks de miljarden klimaatsteun, voornamelijk maatregelen financiert die een beperkt potentieel hebben om de klimaatverandering te matigen. Hoewel er in het akkoord enkele stappen in de goede richting zijn (zoals de ecoregelingen en meer beslissingsruimte voor de lid- en deelstaten), blijft het geheel ruimschoots onvoldoende met te weinig meetbare doelstellingen en te veel achterpoortjes.Ook de Vlaamse landbouwer wint hier niet bij. Tot nu toe heeft het Europees landbouwbeleid voornamelijk geleid tot massale schaalvergroting, met nefaste gevolgen voor kleine Vlaamse landbouwbedrijven. Kleine, familiale ondernemingen die meerwaarde bieden worden niet gestimuleerd en de plannen brengen een landbouw op maat van het Vlaamse landschap in gevaar.
2021/11/23
Common agricultural policy: financing, management and monitoring (A8-0199/2019 - Ulrike Müller)

De N-VA blijft voorstander van een complete omwenteling richting een resultaatgericht beleid. De nadruk moet liggen op meetbare prestaties, een administratieve vereenvoudiging voor de begunstigden en een doorgedreven controle op de toepassing van de regels. De N-VA blijft pleiten voor een landbouwmodel met meer vrijheid voor de lidstaten bij hun beleidsuitvoering. Een beleid op maat, maximaal afgestemd op de regionale behoeften. Hoewel er in het akkoord enkele stappen in de goede richting zijn, blijft het geheel ruimschoots onvoldoende. Om die reden hebben de N-VA-Europarlementsleden zich onthouden.
2021/11/23
Common agricultural policy – amendment of the CMO and other Regulations (A8-0198/2019 - Eric Andrieu)

De N-VA onthoudt zich op het dossier van de gemeenschappelijke marktordening.Als voorstander van een regelluwe gemeenschappelijke Europese marktorganisatie voor landbouwproducten blijven wij pleiten voor een vermindering van de administratieve lasten op het terrein en voor een vereenvoudigde regelgeving. De lid- en deelstaten hebben maximale vrijheid nodig voor de uitvoering van hun beleid.Het voorliggende akkoord bevat stappen in de goede richting, maar is ruimschoots onvoldoende voor de N-VA. Wij blijven voorstander van een complete omwenteling richting een nieuw landbouwmodel dat inzet op innovatieve landbouw.
2021/11/23
2022 budgetary procedure: joint text (A9-0326/2021 - Karlo Ressler, Damian Boeselager)

Het akkoord dat met de Raad werd bereikt over de begroting voor 2022 bevat een aantal goede antwoorden op de uitdagingen voor het komende jaar. Zo is er een versterking van een aantal programma’s op gezondheidsvlak, waaronder het onderzoeksprogramma Horizon om ook op Europees vlak de strijd met de COVID-pandemie verder te voeren. De middelen voor onderzoek en ontwikkeling werden ook elders verhoogd, onder meer om kmo’s beter te kunnen ondersteunen. Deze uitgaven zijn de sleutel voor de modernisering van onze economieën en hebben ook op Europees vlak toegevoegde waarde.Daarnaast bevat het akkoord een extra 25 miljoen euro voor het instrument voor grensbeheer en visa en voor de bestrijding van de migratiecrisis aan de grenzen met Belarus, een dictatoriaal regime dat die migratiecrisis op schandelijke wijze misbruikt. Wat de N-VA betreft, is dit slechts een begin en moet er meer werk van gemaakt worden om EU-middelen aan te wenden voor de opbouw en het onderhoud van een barrière aan onze buitengrenzen.De N-VA heeft voor het akkoord gestemd. De N-VA is ook opgetogen dat de versterkingen voor de programma’s die uiteindelijk in aanmerking zijn genomen, gebaseerd zijn op de behoeften op het terrein en zijn toegekend aan programma’s die deze bijkomende middelen efficiënt kunnen absorberen.
2021/11/24
A Pharmaceutical Strategy for Europe (A9-0317/2021 - Dolors Montserrat)

In november vorig jaar stelde de Europese Commissie een farmaceutische strategie voor. De voorliggende parlementaire resolutie vormt daar een reactie op. De tekst bevat zeker positieve elementen, zoals de nadruk op onderzoek en innovatie, strategische autonomie, de strijd tegen antimicrobiële resistentie, het belang van kmo’s en het belang van deze sector voor de Europese economie.Toch bevat de tekst voor de N-VA een aantal zorgwekkende punten. Ten eerste inzake subsidiariteit: zo behoort de prijszetting en terugbetaling van geneesmiddelen tot de bevoegdheid van de lidstaten. De tekst is minstens inconsistent op dit punt. Bepaalde paragrafen (bv. §70) erkennen de bevoegdheid van de lidstaten, terwijl andere (bv. §21) oproepen tot een Europees kader ter zake. Verder strookt het standpunt van het Europees Parlement inzake de bescherming van intellectuele-eigendomsrechten soms niet met het N-VA-standpunt. Ook bij de verwelkoming van HERA en de vraag naar een Europese pendant van de Amerikaanse Barda maken wij voorbehoud.In het algemeen vinden wij dat de tekst te staatsgericht is, te weinig rekening houdt met de door de lidstaten bepaalde gezondheidsdoelstellingen en de middelen niet op de meest efficiënte manier inzet. Om al deze redenen heeft de N-VA zich onthouden bij de eindstemming.
2021/11/24
Impact of national tax reforms on the EU economy (A9-0348/2021 - Markus Ferber)

N-VA erkent dat een bepaalde mate van harmonisatie en coördinatie inzake fiscale zaken economisch voordelig kan zijn, bv. door afspraken te maken om zo dubbele belasting te vermijden of door een verhoogde vorm van samenwerking tussen nationale autoriteiten te faciliteren teneinde fiscale fraude doelgericht aan te pakken. Het aanmoedigen van digitalisering en het uitwisselen van “best practices” tussen lidstaten ondersteunen wij evenzeer.Wij passen evenwel voor voorstellen die de belastingsoevereiniteit van de lidstaten op de helling zetten. Die soevereiniteit zorgt ervoor dat iedere lidstaat naar eigen inzichten economisch beleid kan voeren. Voor kleinere lidstaten is dat zo mogelijk nog belangrijker dan voor grote lidstaten. De economisch zinvolle belastingsconcurrentie die zo ontstaat, mag volgens ons niet uitgehold worden. Pleidooien voor de invoering van een Europese gemeenschappelijke heffingsgrondslag voor de vennootschapsbelasting of afstappen van de unanimiteitsregel in fiscale zaken doen dat net wel. Om die reden steunen we dit verslag niet.
2022/02/15
European Central Bank – annual report 2021 (A9-0351/2021 - Dimitrios Papadimoulis)

N-VA erkent dat er een aantal goede zaken in het verslag staan, zoals de aandacht voor inflatie, de nood aan hervormingen in de eurozone teneinde onze competitiviteit in de toekomst te vrijwaren, alsook de aandacht die gevestigd wordt op het gevaar van het lage-interestenbeleid voor zombiebedrijven.Niettemin stemmen wij tegen dit verslag. Een aantal zaken gaan voor ons in de verkeerde richting. Zo zien wij geen heil in een “centrale begrotingscapaciteit”. Het komt ieder land toe zijn verantwoordelijkheid te nemen en zijn begroting op orde te houden. Verder ondersteunen wij het pleidooi niet dat de ECB de klimaattransitie moet ondersteunen en faciliteren. Een onafhankelijke centrale bank moet zich niet inlaten met beleidskeuzes. Dat komt de wetgevende macht toe. De centrale bank moet zich focussen op prijsstabiliteit en het aanpakken van de historisch hoge inflatie. Het huidige monetaire beleid is daar geen weerspiegeling van.
2022/02/15
Implementation of the Sixth VAT Directive (A9-0355/2021 - Olivier Chastel)

N-VA heeft zich onthouden bij deze resolutie en wel om de volgende redenen. Wij erkennen dat een grote mate van harmonisatie van de btw-regels, zoals in het verslag naar voor wordt geschoven, de voorspelbaarheid en rechtszekerheid in het handelsverkeer en de werking van de interne markt ten goede zou komen. Vooral kmo’s zouden hier wel bij varen.Niettemin moeten we ook erkennen dat fiscaliteit nog steeds een bevoegdheid van de lidstaten is. Onder meer via de belasting op de toegevoegde waarde zijn zij in staat om zelf beleidskeuzes te maken. Bovendien vergroten nieuwe technologieën de mogelijkheid voor bv. kmo’s om a priori de btw-tarieven in andere lidstaten te raadplegen.
2022/02/15
Strengthening Europe in the fight against cancer (A9-0001/2022 - Véronique Trillet-Lenoir)

Jaarlijks krijgen in de EU ongeveer 2,7 miljoen burgers de diagnose van kanker en is de ziekte fataal voor 1,3 miljoen burgers. Het is dus evident dat we waar mogelijk de krachten bundelen in de strijd tegen kanker. Het voorliggende verslag bevat zeker goede aanbevelingen en daarom steunt de N-VA het finaal.Evenwel stippen we volgende nuanceringen aan. Inzake volksgezondheid vraagt de N-VA een betere grensoverschrijdende samenwerking en coördinatie, met respect voor de bevoegdheid van de lid- en deelstaten én binnen het bestaande Verdrag. Wij zijn daarom geen vragende partij voor een “gezondheidsunie”, noch voor de oprichting van HERA. Beslissingen over terugbetaling blijven een lidstaatbevoegdheid en inzake de erkenning van beroepskwalificaties van zorgverleners blijft taalkennis essentieel.Het verslag besteedt terecht veel aandacht aan preventie, heel wat kankers kunnen immers worden voorkomen. Preventie is bij ons een bevoegdheid van de deelstaten. De N-VA wil alcoholconsumptie met mate niet diaboliseren. Inzake rookpreventie kunnen e-sigaretten een rol spelen om rokers te helpen stoppen, maar moeten we voorkomen dat e-sigaretten niet-rokers aanzetten tot roken. Niet roken is uiteraard steeds het beste. Daarom steunen wij een verbod op smaken in deze e-sigaretten. Een uitbreiding van het rookverbod naar buitenruimtes lijkt ons niet aan de orde.
2022/02/16
General Union Environment Action Programme to 2030 (A9-0203/2021 - Grace O'Sullivan)

Eind 2021 bereikten het Europees Parlement en de Raad een akkoord over het achtste milieuactieprogramma. Milieuactieprogramma’s vormen een nuttig instrument voor het toewerken naar milieudoelen en ook voor de monitoring van de voortgang. Het programma bevat ook tal van positieve accenten, zoals de aandacht voor de omschakeling naar een kringloopeconomie en het tegengaan van biodiversiteitsverlies. Om deze redenen steunt de N-VA het bereikte akkoord.Evenwel plaatsen wij nog steeds uitdrukkelijk enkele kanttekeningen bij de finale tekst, in het bijzonder inzake volgende punten: de tekst focust te exclusief op hernieuwbare energie. Studies van zowel de Commissie als het IPCC en het IEA zien echter allemaal een rol voor o.a. kernenergie bij het bereiken van klimaatneutraliteit. Dit is a fortiori het geval gezien de recente geopolitieke en militaire ontwikkelingen. Ten tweede pleit de tekst voor systemische veranderingen. Op zich onderschrijven wij dit, maar steeds binnen het paradigma van de markteconomie. Voor ons moet het klimaatbeleid welvaart en concurrentiekracht centraal stellen. Grote transities hebben enkel kans op slagen binnen een groeimodel.
2022/03/09
European Withholding Tax framework (A9-0011/2022 - Pedro Marques)

De N-VA is resoluut voor een doelgerichte bestrijding van belastingfraude, zoals deze die aan het licht kwam in het CumEx-schandaal. In die zin zijn wij voor een verdere samenwerking tussen de verschillende inspectiediensten, zoals in het verslag wordt voorgesteld.Bepaalde in het verslag voorgestelde oplossingen gaan volgens ons echter onnodig te ver. Een harmonisering van de tarieven op dividenden, royalty’s enzovoort lijkt ons disproportioneel ten aanzien van het probleem dat het wil oplossen. Ook de afschaffing van de unanimiteitsregel in fiscale zaken kan onze steun niet wegdragen.Om die reden onthouden wij ons op het verslag.
2022/03/10
Batteries and waste batteries (A9-0031/2022 - Simona Bonafè)

Batterijen spelen een cruciale rol in de duurzame en digitale transitie, in het bijzonder op het vlak van mobiliteit en energie. Verder bevatten batterijen ook tal van kostbare grondstoffen die efficiënt moeten worden beheerd, ook in het licht van open strategische autonomie en concurrentievermogen. Met de alliantie voor batterijen wil de EU alvast de innovatie in de hele waardeketen mee ondersteunen. Maar ook de betrokken wetgeving moet worden aangepast, aangezien de bestaande batterijrichtlijn geen toereikend antwoord kan bieden op de nieuwe uitdagingen.Het nieuwe voorstel voor een verordening beoogt de interne markt te versterken, de omschakeling naar een kringloopeconomie aan te moedigen en de ecologische en sociale impact in de hele waardeketen te beperken. Om deze doelen te bereiken bevat het voorstel onder andere strikte eisen inzake duurzaamheid, circulair ontwerp, inzameling, recyclage en hergebruik van gerecycleerde grondstoffen.Vlaanderen is Europees koploper en voortrekker inzake de omschakeling naar een kringloopeconomie. Vlaams onderzoek inzake batterijtechnologie is ook toonaangevend. In deze context steunt de N-VA het voorliggende voorstel. Evenwel plaatsen wij de kanttekening dat bij de onderhandelingen met de Raad ambitie beter moet worden verzoend met realiteitszin. Het Parlement vraagt bijvoorbeeld erg ambitieuze inzamelingsdoelstellingen, die misschien zelfs voor de Europese koplopers als Vlaanderen te hoog gegrepen zijn.
2022/03/10
Fair and simple taxation supporting the recovery strategy (A9-0024/2022 - Luděk Niedermayer)

Een aantal zaken uit het verslag kunnen we zeker steunen, zoals bijvoorbeeld de voorstellen om rompslomp voor met name kmo’s terug te dringen, geschillen rond dubbele belastingen te verminderen en efficiëntiewinsten te boeken door inspectiediensten beter te laten samenwerken.Een geharmoniseerde belastingvoet in de vennootschapsbelasting holt volgens ons het zinvolle concurrentievermogen uit. Ook het pleidooi om in fiscale zaken af te stappen van de unanimiteitsregel kan onze steun niet wegdragen.Om die reden onthouden wij ons op dit verslag.
2022/03/10
Competition policy – annual report 2021 (A9-0064/2022 - Andreas Schwab)

Een goed werkend mededingingsbeleid is volgens ons essentieel om een goede marktwerking te garanderen. Meer mededinging op de markt zorgt voor een groter productaanbod, zet de winstmarges en prijzen onder druk en draagt aldus bij tot een matiging van de inflatie, hetgeen in deze tijden van cruciaal belang is. Wij steunen in die zin de oproep aan de Commissie om onder meer het gedrag van supermarktketens te onderzoeken en op te treden tegen marktverstorend gedrag, ongeacht waar dit zich voordoet.Wij menen dan ook dat het mededingingsrecht doelgericht en doeltreffend moet worden ingezet en niet tot perverse effecten mag leiden. Om deze reden zijn wij er niet van overtuigd dat het mededingingsrecht ook de Europese klimaatwet moet dienen en vrezen wij dat de nieuwe richtsnoeren inzake staatssteun op het gebied van klimaat, energie en milieu (CEEAG) juist tot marktverstoringen kunnen leiden. Daarom hebben wij ons voor dit verslag van stemming onthouden.
2022/05/05
Social and economic consequences for the EU of the Russian war in Ukraine – reinforcing the EU’s capacity to act (RC-B9-0267/2022, B9-0267/2022, B9-0271/2022, B9-0273/2022, B9-0278/2022, B9-0279/2022, B9-0280/2022)

De N-VA veroordeelt sterk de ongerechtvaardigde en illegale oorlog die Rusland voert in Oekraïne sinds 24 februari 2022. We erkennen dan ook de zeer ernstige humanitaire crisis in Oekraïne en de zware economische schok die dit met zich meebrengt voor de EU. We staan dus uiteraard ook volledig achter het opvangen van Oekraïense vluchtelingen en zijn het ermee eens hun steun te bieden op alle vlakken.Het is van groot belang dat we een sterke Europese respons hebben op de oorlog en daarom steunen we de oproep voor een snelle inwerkingtreding van het zesde sanctiepakket. De sociaal-economische gevolgen van de oorlog en deze sancties voor de EU moeten we daarom minimaliseren door middel van het optimaal gebruiken van de huidige Europese middelen, zoals nog niet aangegane leningen onder de herstel- en veerkrachtfaciliteit. Het creëren van nieuwe EU-fondsen leidt volgens ons tot onnodige administratieve kosten en het niet efficiënt inzetten van EU-middelen om deze crisis te bestrijden.Hiernaast is een volledige energie-onafhankelijkheid van Rusland een prioriteit en kunnen we de tekst volgen omtrent meer investeringen in EU-energie-infrastructuur, maar kunnen dit niet volledig steunen wegens het ontbreken van kernenergie in dit voorstel.
2022/05/19
Revision of the EU Emissions Trading System (A9-0162/2022 - Peter Liese)

De N-VA staat achter een duurzame transitie. Deze transitie moet echter niet alleen duurzaam zijn, maar moet ook de nodige zekerheid bieden, betaalbaar zijn en werkgelegenheid scheppen.Het emissiehandelssyteem (ETS) vormt al jaren de hoeksteen van het Europees klimaatbeleid en heeft reeds goede resultaten opgeleverd wat betreft de verlaging van de uitstoot. De EU heeft haar reductiedoelstelling voor 2030 echter fors aangescherpt van ten minste 40 % naar ten minste 55 %, waardoor ook het ETS moet worden hervormd.Het akkoord van de commissie ENVI was voor de N-VA met name vanwege de volgende punten problematisch: een onrealistisch ambitieniveau (verhoogd van 61 % naar 67 %), de gevolgen van de stijgende koolstofprijs voor de elektriciteitsprijs en de uiteindelijke prijs voor burgers en bedrijven, de uitbreiding van de emissiehandel naar gebouwen en vervoer, en een onrealistisch snelle afbouw van vrije rechten voor de zogeheten CBAM-sectoren, zonder oplossing voor hun uitvoer.Het verslag is na de stemming verbeterd, maar het verhoogde ambitieniveau (63 %) en de uitbreiding naar gebouwen en vervoer zijn voor de N-VA nog altijd onaanvaardbaar. Daarom stemden wij finaal tegen. Het feit dat het verslag geen meerderheid vond, toont aan dat de EU wil vooroplopen op klimaatgebied, maar zichzelf hopeloos voorbijsnelt.
2022/06/08
Revision of the EU Emissions Trading System for aviation (A9-0155/2022 - Sunčana Glavak)

De N-VA onderschrijft de noodzaak van een duurzame transitie, waaraan alle sectoren een bijdrage moeten leveren. De uitstoot van de luchtvaartsector maakt sinds 2012 deel uit van het EU-emissiehandelssysteem. Vanwege internationale druk, bleef echter een uitzondering overeind voor internationale vluchten. De N-VA was altijd een koele minnaar van deze uitzondering, aangezien ze nadelig is voor het klimaat en bovendien het gelijke speelveld ondermijnt.Het Europees Parlement besloot alle vluchten die vanuit de EU vertrekken, in het EU-emissiehandelssysteem op te nemen. Dit is een goede zaak. Wij vinden evenwel dat het toepassingsgebied enkel betrekking zou mogen hebben op vluchten die vertrekken vanuit de EU en niet vanuit de ruimere Europese Economische Ruimte. Dit kan namelijk tot koolstoflekkage leiden en kan mogelijk het gelijke internationale speelveld ondermijnen. Een goede integratie met de internationale tegenhanger van het EU-emissiehandelssysteem, Corsia, kan dit helpen vermijden.De luchtvaartsector ontving tot op heden veel vrije emissierechten. Daarin komt nu verandering. De N-VA steunt de vroegere uitfasering van deze vrije rechten vanaf 2025. We benadrukken in dit verband dat de extra opbrengsten van de geveilde rechten, naar de lidstaten moeten terugvloeien.
2022/06/08
Binding annual greenhouse gas emission reductions by Member States (Effort Sharing Regulation) (A9-0163/2022 - Jessica Polfjärd)

De N-VA onderschrijft de noodzaak van een duurzame transitie. Deze transitie moet echter meer zijn dan enkel duurzaam; ze moet ook de nodige zekerheid bieden, werkgelegenheid scheppen en betaalbaar zijn. Aangezien de EU haar doelstelling voor 2030 fors heeft aangescherpt van ten minste 40 % naar ten minste 55 % minder emissies, moeten ook de lidstaten zich sterker inspannen om de emissies van onder meer gebouwen, vervoer, landbouw en afvalverwerking te verminderen.België moet tegen 2030 in plaats van 35 % maar liefst 47 % minder uitstoten. Dit is naar onze mening niet haalbaar. De N-VA pleit voor een kostenefficiëntere vaststelling van de doelstellingen per lidstaat, een betere spreiding tussen de lidstaten en meer mogelijkheden met betrekking tot flexibiliteit.Ook hier trekt het Europees Parlement echter de kaart van een blinde verhoging van de ambities. Het Parlement houdt zich bovendien niet aan zijn eigen wetgeving. Het pleit opnieuw voor klimaatneutraliteit op lidstaatniveau, terwijl de in de klimaatwet opgenomen doelstelling van klimaatneutraliteit tegen 2050 het duidelijk over EU-niveau heeft. Hiermee wordt de geloofwaardigheid van het Parlement als medewetgever ondergraven.Om bovenstaande redenen stemde de N-VA tegen.
2022/06/08
Land use, land use change and forestry (LULUCF) (A9-0161/2022 - Ville Niinistö)

Bossen, graslanden en veengebieden zijn bijzonder waardevol. Ze vormen een bron van rust en recreatie en een habitat voor flora en fauna. Het duurzaam beheer ervan heeft bovendien een economische dimensie. Deze gebieden hebben de capaciteit om koolstof op te slaan en zo bij te dragen tot een beter klimaat en een betere luchtkwaliteit. De manier waarop deze grond wordt beheerd en gebruikt, kan leiden tot een verhoging of juist een verlaging van de uitstoot, dankzij de opslag van CO2. Hier komt de zogeheten LULUCF-wetgeving inzake landgebruik, verandering in landgebruik en bosbouw in beeld.De N-VA staat achter het voorstel van de Commissie, maar vreest dat nog altijd niet in voldoende flexibiliteitsmechanismen wordt voorzien. In het standpunt van het Parlement wordt de flexibiliteit nog eens ingeperkt ten opzichte van het voorstel van de Commissie. Dit kan het aantal beschikbare emissierechten onder druk zetten, omdat sommige lidstaten rechten zullen moeten inzetten om aan hun doelstelling in het kader van de LULUCF-wetgeving te kunnen voldoen. Om deze reden heeft de N-VA zich bij de eindstemming van stemming onthouden. Wij zijn ervan overtuigd dat er een evenwichtig akkoord met de Raad kan worden bereikt.
2022/06/08
CO2 emission standards for cars and vans (A9-0150/2022 - Jan Huitema)

De N-VA steunt de doelstelling van de Commissie om tegen 2035 in de EU enkel nog emissievrije nieuwe personenauto’s op de markt te brengen. De Vlaamse regering is nog ambitieuzer en pleit zelfs voor 2030. Veel autoproducenten hebben zelf het initiatief genomen om alleen nieuwe elektrische personenauto’s te produceren. Zo heeft de Volvo-groep aangegeven tegen 2035 alleen nog volledig emissievrije voertuigen te zullen produceren en streeft Audi er zelfs naar dit voor 2033 te doen.Wij zijn evenwel gekant tegen emissiehandel voor gebouwen en vervoer (het zogenaamde EU-ETS 2), omdat emissiehandel ons voor de vergroening van personenauto’s niet het meest geschikte instrument lijkt. De CO2-uitstoot van personenauto’s en bestelwagens bedraagt momenteel ongeveer 15 % van de totale CO2-uitstoot in Europa, met een gelijkaardig percentage in Vlaanderen. Dit percentage moet naar beneden, hetgeen dankzij de verlaging van de NOx-uitstoot bovendien zal leiden tot een betere luchtkwaliteit. Een brongerichte aanpak is daarbij cruciaal.Op een aantal punten had het voorstel naar onze mening ambitieuzer mogen zijn, waaronder met een tussentijdse doelstelling voor 2027 en aangescherpte doelstellingen voor 2030. Wij zijn niettemin tevreden dat het voorstel van de Commissie in de plenaire stemming overeind is gebleven. Daarom heeft de N-VA voor gestemd.
2022/06/08
Revision of the EU Emissions Trading System (A9-0162/2022 - Peter Liese)

De N-VA onderschrijft de noodzaak van een duurzame transitie. Maar die transitie moet meer zijn dan enkel duurzaam, ze moet ook de nodige zekerheid bieden, jobs vrijwaren en betaalbaar zijn. Het emissiehandelssyteem (ETS) is al jaren dé hoeksteen van het Europese klimaatbeleid en leverde al stevige resultaten op inzake uitstootvermindering. Aangezien de EU haar doelstelling voor 2030 fors heeft aangescherpt van minstens 40 % naar minstens 55% minder emissies, moet ook het ETS worden hervormd.Bij de stemming op 8 juni stemde de N-VA tegen. Voornamelijk vanwege het verhoogde ambitieniveau (63%) en, daaraan gekoppeld, de impact van de stijgende koolstofprijs op de elektriciteitsprijs en de factuur voor de burgers en bedrijven. Ook de uitbreiding van het emissiehandelssysteem naar gebouwen en transport is voor de N-VA onaanvaardbaar. Deze twee probleempunten blijven ook vandaag onveranderd in de tekst. Inzake de uitfasering van de vrije rechten voor het koolstofmechanisme aan de grens, houdt de N-VA vast aan 2034, zoals ook aangenomen in de plenaire stemming op 8 juni, en niet 2032. Om deze redenen stemt de N-VA ook vandaag definitief tegen het verslag.
2022/06/22
Social Climate Fund (A9-0157/2022 - David Casa, Esther de Lange)

De N-VA onderschrijft de noodzaak van een duurzame transitie. Die transitie moet echter meer zijn dan enkel duurzaam en ook de nodige zekerheid bieden, jobs vrijwaren en betaalbaar zijn. We bevinden ons in een situatie van oorlog en geopolitieke onrust, met een energiecrisis en een zorgwekkend hoge inflatie. Tegen die bijzonder instabiele achtergrond wil de Commissie grote ambities realiseren. Om de impact van deze plannen op de portemonnee van de burgers enigszins te lenigen, wil de Commissie een nieuw fonds oprichten voor sociale compensaties.De N-VA deelt de bezorgdheid over de sociale impact van het klimaatbeleid absoluut. Wij menen echter dat de oprichting van een Europees fonds hiervoor een fundamenteel foute keuze is, voornamelijk om drie redenen: sociaal beleid voeren is een taak van de lidstaten. Wij pleiten hier voor een decentrale, gerichte aanpak. Verder is de financiering van dit fonds gebouwd op drijfzand, aangezien het rekent op de opbrengsten van de emissiehandel voor gebouwen en vervoer, waarvan de oprichting nog lang niet is beslecht en de N-VA geen voorstander is. Ten slotte komt dit fonds boven op bestaande herverdelingsmechanismen en dreigt het vooral een grabbelton te worden waarvan Vlaanderen een nettobetaler wordt. Om al deze redenen stemt de N-VA definitief tegen.
2022/06/22
Mobilisation of the European Globalisation Adjustment Fund: application EGF/2022/001 FR/Air France - France (A9-0183/2022 - Fabienne Keller)

N-VA heeft voor dit verslag gestemd omdat zij van mening is dat deze extra steun uit de EU-begroting in dit bijzondere geval goed besteed is. Meer algemeen wil de N-VA wel benadrukken dat deze extra steun geenszins de noodzaak kan wegnemen om structurele hervormingen door te voeren met het oog op duurzame economische groei. Een Europese transferunie kan geen remedie zijn om de werkloosheid aan te pakken, en kan geen broodnodig structureel hervormingsbeleid vervangen. Sommige passages in de tekst van het verslag lijken ertoe op te roepen om de EU structureler te betrekken bij deze uitdagingen, die zich op het niveau van de lidstaten voordoen en bovendien onder de bevoegdheid van de lidstaten vallen. Daar is de N-VA het niet mee eens.
2022/06/23
Implementation of the Recovery and Resilience Facility (A9-0171/2022 - Eider Gardiazabal Rubial, Siegfried Mureşan, Dragoş Pîslaru)

De N-VA is altijd voorstander geweest van de oprichting van een fors Europees herstelfonds. Voor de N-VA is het daarbij van belang dat de middelen een echt herstel ondersteunen en dus structureel van aard zijn. De uitvoering van de herstel- en veerkrachtfaciliteit (RRF) is nu volop aan de gang en het Parlement levert met dit verslag alvast haar evaluatie af over de uitvoering van het RRF in afwachting van de evaluatie door de Commissie.Naast op een opsomming van de feiten bevat de tekst een aantal meer politieke punten. De N-VA steunt uitdrukkelijk de punten die betrekking hebben op de in de tekst vermelde transparantie-, meet- en controlemechanismen. Een ordentelijke en correcte uitvoering van de uitgaven is een absolute basis voor het behalen van de meerwaarde die de maatregelen moeten opleveren.In de tekst staan echter ook een aantal standpunten waar de N-VA niet mee akkoord kan gaan, bijvoorbeeld wanneer het gaat over de invoering van nieuwe eigen middelen voor de Unie.
2022/06/23
Banking Union – annual report 2021 (A9-0186/2022 - Bogdan Rzońca)

N-VA is voorstander van een verdere versterking van de bankenunie. We geloven dat dit de financiële stabiliteit binnen de EU kan versterken. Dat moet evenwel op de juiste manier aangepakt worden: eerst moet werk gemaakt worden van een verdere risicoreductie, dan pas kan er sprake zijn van verdere integratie.Het verslag legt in die zin de juiste accenten. In het bijzonder onderschrijven we de aandacht over het aantal niet-renderende leningen, dat in bepaalde lidstaten hoog blijft.Het pleidooi voor de creatie van veilige EU-activa en een EU-breed depositogarantiesysteem steunen we evenwel niet. Dit holt immers de eigen verantwoordelijkheid tot risicoreductie uit.
2022/07/05
National vetoes to undermine the global tax deal (RC-B9-0339/2022, B9-0339/2022, B9-0340/2022, B9-0341/2022, B9-0342/2022, B9-0343/2022, B9-0344/2022)

N-VA is voorstander van de wereldwijde belastingovereenkomst van de OESO. We steunen de snelle invoering hiervan in alle 137 landen die het akkoord ondertekend hebben. Dit moet tot een wereldwijd gelijk speelveld leiden, alsook tot een billijkere taxatie van àlle ondernemingen.We betreuren dan ook dat er op dit moment nog geen unanimiteit tussen alle EU-lidstaten gevonden werd om dit akkoord te implementeren. Unanimiteit inzake fiscaliteit in de EU is een belangrijk Verdragsrechtelijk principe. Het garandeert dat iedere lidstaat, ongeacht de grootte, gelijkwaardig behandeld wordt. Hier kan voor N-VA niet aan getornd worden.Wel erkennen we dat dat vetorecht ook een bijzondere verantwoordelijkheid met zich meebrengt. Het moet steeds proportioneel en doelmatig aangewend worden. Lidstaten mogen de legitimiteit van die regel niet ondergraven.Deze resolutie roept evenwel herhaaldelijk op om af te stappen van die unanimiteitsregel en om het OESO-akkoord desnoods via een bijzondere procedure, alsook unilateraal in te voeren. Een dergelijke handelswijze zou evenwel onze belastingsoevereiniteit en onze Europese competitiviteit schaden, in het bijzonder die van de kleine, open economieën. Om die reden steunen we de resolutie niet.
2022/07/06
Sustainable aviation fuels (ReFuelEU Aviation Initiative) (A9-0199/2022 - Søren Gade)

De duurzame transitie is een noodzaak en daar staan we vanuit de N-VA volledig achter. In het kader van het “Fit for 55”-pakket moeten alle sectoren hieraan bijdragen, en dus ook de luchtvaartsector.Wij steunen het voorstel dat de Commissie heeft voorgedragen en zien dit als een ambitieuze en realistische aanpak om het gebruik van duurzamere brandstoffen te stimuleren in de luchtvaartsector. We kunnen ons echter niet vinden in een uitbreiding van de definitie van deze sustainable aviation fuels (SAF’s). Zo zijn we tegen het gebruik van biobrandstoffen afkomstig van voedsel-en voedergewassen. Wel kunnen we een verdere aanscherping van deze definitie steunen, die onder andere biobrandstoffen uit dierlijke vetten of bijproducten van palmolie niet meeneemt in de minimumdrempel voor SAF’s. We pleiten voor een technologieneutrale opname van SAF’s om zo op de meest kostenefficiënte manier de uitstoot van de luchtvaartsector te reduceren en een gelijk speelveld te behouden.Gezien de precaire toestand van de Europese luchtvaartsector vinden we niet dat SAF’s nog sneller moeten worden opgenomen dan volgens het Commissievoorstel. We zijn voorzichtig ambitieus en willen nogmaals benadrukken dat hoewel dit oorspronkelijke voorstel onze voorkeur wegdraagt, we deze verordening kunnen steunen.
2022/07/07
Deforestation Regulation (A9-0219/2022 - Christophe Hansen)

Bossen zijn van onmiskenbaar belang in onze samenleving. Ze hebben de capaciteit om koolstof op te slaan, dragen bij aan een beter klimaat en betere luchtkwaliteit, en zorgen voor biodiversiteit. Ook hebben bossen een economische dimensie. Zo zorgen ze voor onder andere houtproductie, papier en recreatie.De N-VA is een sterke voorstander van een duurzame aanpak die ontbossing en verlies van biodiversiteit vermijdt. De consumptie van producten die rechtstreeks bijdragen aan deze ontbossing, soms met een schending van mensenrechten tot gevolg, moeten we vermijden.De N-VA staat achter het voorstel van de Commissie, dat volgens ons ambitieus en realistisch is. Een uitbreiding van dit voorstel naar financiële markten is voor ons jammer genoeg een brug te ver. Het verband tussen malafide praktijken en financiële producten is in de praktijk zeer moeilijk te leggen. Een rechtstreekse inmenging in de financiële markten heeft negatieve gevolgen voor de consument en oefent zeer veel druk uit op een sector die in de huidige omstandigheden al onder grote druk staat.Om die reden heeft de N-VA zich onthouden van stemming bij dit dossier.
2022/09/13
Renewable Energy Directive (A9-0208/2022 - Markus Pieper)

De N-VA onderschrijft de noodzaak van een duurzame transitie. Naar aanleiding van de huidige energiecrisis en geopolitieke onrust is het terugschroeven van onze energieconsumptie en het efficiënter omgaan met energie nog belangrijker geworden. Het halen van deze doelstellingen moeten volgens ons echter gaan om meer dan alleen maar een duurzame transitie. De Europese Commissie kwam met een ambitieus voorstel dat in het kader van ons doel van energie-onafhankelijkheid van Rusland en het bijhorende REPowerEU-plan enkel ambitieuzer is geworden. Zo zijn indicatieve richtlijnen veranderd in bindende nationale doelstellingen en is de vermindering van het energieverbruik van 9 % naar 14,5 % gegaan.Momenteel is het voor ons prioritair om op een kostenefficiënte manier onze energieconsumptie te kunnen reduceren. Volgens ons dwingen deze bindende nationale doelstellingen tot het nemen van niet-kostenefficiënte energie-efficiëntiemaatregelen. Ook zijn we van mening dat deze bindende maatregelen de verschillen in de nationale energiemarkten onvoldoende weerspiegelen.Het is essentieel dat het klimaatbeleid niet leidt tot een verhoogde energierekening voor gezinnen en bedrijven. Om bovenstaande redenen heeft de N-VA tegen dit dossier gestemd.
2022/09/14
Statistics on agricultural input and output (A9-0285/2021 - Petros Kokkalis)

Meten is weten, en daarom kan de N-VA dit voorstel steunen. Voor ons zijn kwalitatieve, geharmoniseerde en vergelijkbare statistische data essentieel om het Europees gemeenschappelijk landbouwbeleid vorm te geven, uit te voeren, te monitoren en te evalueren. Toch mogen we de administratieve lasten voor de Vlaamse boeren niet uit het oog verliezen. We roepen de Commissie dan ook op om het aantal variabelen te beperken en om maximaal in te zetten op administratieve vereenvoudiging.
2022/10/04
The EU’s response to the increase in energy prices in Europe (RC-B9-0416/2022, B9-0416/2022, B9-0417/2022, B9-0418/2022, B9-0419/2022, B9-0420/2022, B9-0421/2022, B9-0422/2022)

N-VA onthoudt zich van stemming over deze tekst.We erkennen de goede zaken in de tekst, zoals de oproep om verder in te zetten op energie-efficiëntie, de erkenning dat de levensduur van de bestaande kerncentrales moet worden verlengd, de vraag om de opbrengst van overwinsten aan te wenden voor compenserende maatregelen en het verzoek om werk te maken van een betere interconnectie van het energienetwerk in de EU.We zijn echter geen voorstander van een prijsplafond. Het bedreigt immers onze bevoorradingszekerheid en verzwaart onze overheidsschuld. Verder focust de tekst enkel op investeringen in hernieuwbare energie en wordt er niet gesproken over energiediversificatie of investeringen in nucleaire energie. Tot slot is er nauwelijks aandacht voor investeringszekerheid, bijvoorbeeld op het vlak van gasbevoorrading. Op die manier dreigen we de crisis op te lossen door de fouten uit het verleden te herhalen, terwijl het net die fouten zijn die ons in deze situatie hebben gebracht.
2022/10/05
Sustainable maritime fuels (FuelEU Maritime Initiative) (A9-0233/2022 - Jörgen Warborn)

De Europarlementsleden van de N-VA hebben het standpunt van het Parlement op dit onderdeel van het “Fit for 55”-pakket gesteund. De verordening is een nieuw instrument om de vraag naar hernieuwbare en koolstofarme brandstoffen in de zeevaart te stimuleren. Het voorstel maakt deel uit van een breder pakket aan maatregelen gericht op verduurzaming van de maritieme sector en bevat ook een verplichting voor aangemeerde schepen om walstroom te gebruiken in bepaalde gevallen en op die manier de luchtvervuiling in kustgebieden en havens te verminderen.De N-VA steunt het overgrote deel van de aanpassingen aan de Commissietekst die het Parlement voorstelt in deze tekst en is erg tevreden over de aanpak van de rapporteur. De N-VA verwerpt evenwel de in de tekst aangescherpte doelstellingen voor de reductie van broeikasgasemissies. Deze verhoogde ambitie is onhaalbaar zoals ook bevestigd is door de diensten van de Commissie. De N-VA kijkt uit naar de onderhandelingen met de Raad en naar een gezamenlijk akkoord dat een ambitieus maar realistisch kader biedt voor alle belanghebbenden.
2022/10/19
Corporate Sustainability Reporting Directive (A9-0059/2022 - Pascal Durand)

De N-VA beaamt dat wetgeving inzake duurzaamheidsrapportage het best op Europees niveau kan worden aangenomen en dat standaardisering van de te rapporteren informatie zinvol is.We passen evenwel voor ondoordachte wetgeving. Het personele en materiële toepassingsgebied van de bestaande richtlijn met betrekking tot de bekendmaking van niet-financiële informatie wordt aanzienlijk uitgebreid. Dit zal voor bedrijven, en met name voor kmo’s, in tijden van reeds sterk oplopende kosten aanzienlijke bijkomende kosten betekenen. Deze richtlijn kan bovendien niet los worden gezien van de nog komende richtlijn inzake passende zorgvuldigheid voor ondernemingen op het gebied van duurzaamheid. Voorts is voor geen van beide voorstellen een alomvattende effectbeoordeling gedaan.Ten slotte vrezen wij dat deze wetgeving door middel van het aansprakelijkheidsrecht kan leiden tot schadeclaims en zelfs chantage van Europese bedrijven.
2022/11/10
Protection of livestock farming and large carnivores in Europe (RC-B9-0503/2022, B9-0503/2022, B9-0504/2022, B9-0509/2022, B9-0514/2022, B9-0518/2022, B9-0519/2022, B9-0520/2022)

De N-VA-fractie heeft tegen de wolvenresolutie gestemd. In Vlaanderen wordt er maximaal ingezet op een goede ondersteuning van de veehouders met o.a. wolfwerende omheiningen. Deze aanpak maakt het mogelijk om samen te leven met de wolf zonder al te grote conflicten. De N-VA is vóór het behoud van de huidige beschermende status van de wolf en kan niet meegaan in een afzwakking van de wolvenstatus.
2022/11/24
Application of Articles 93, 107 and 108 of the TFEU to certain categories of State aid in the rail, inland waterway and multimodal transport sector (A9-0285/2022 - Eva Maria Poptcheva)

We steunen dit voorstel tot aanpassing van de mededingingsregels. Vlaanderen zet nu reeds in op een versterking van de binnenvaart en op de uitrol van een multimodaal vervoersmodel. De hier voorgestelde aanpassing moet dit beleid verder ondersteunen. Ook meer goederenvervoer via het spoor past in dit model.Evenwel is het van belang dat de hier gefaciliteerde staatssteun werkelijke meerwaarde creëert, dat een gelijk speelveld met andere vervoersmodi gewaarborgd blijft en dat de overheid dit ook effectief afdwingt.
2022/12/13
REPowerEU chapters in recovery and resilience plans (A9-0260/2022 - Eider Gardiazabal Rubial, Siegfried Mureşan, Dragoş Pîslaru)

Het akkoord over REpowerEU is bedoeld om de EU op korte termijn af te helpen van haar energieafhankelijkheid van Russische olie en gas. Het doel is om op het vlak van energievoorziening minder afhankelijk te worden en zelf te voorzien in duurzame alternatieven en in de uitbouw van solide interne netwerken. Maar tegelijkertijd wordt het hoog tijd voor een strategische toekomstvisie die ook op lange termijn standhoudt. Een duurzame transitie zonder prominente rol voor kernenergie is gedoemd om te mislukken. Onze afhankelijkheid van goedkope energie uit Rusland is daarmee een dure geopolitieke les geworden. De verdeling van de middelen is net als bij de herstel- en veerkrachtfaciliteit onvoldoende gebaseerd op reële behoeften. De financiering en de geboden flexibiliteit leiden bovendien tot een verdere versplintering van beleid en middelen. Daarom hebben de N-VA-Europarlementsleden zich bij de eindstemming onthouden.
2023/02/14
Availability of fertilisers in the EU (B9-0101/2023)

De N-VA-delegatie steunt deze resolutie, maar met de nodige omzichtigheid en zonder pleidooi voor extra landbouwmiddelen. Zo kan de toepassing van RENURE-producten enkel onder strikte voorwaarden en in lijn met de nitraatrichtlijn. Bijkomend moet erop worden toegezien dat dit niet leidt tot een grotere veestapel en meer mestverwerking. Er moet maximaal ingezet worden op meer technologische ontwikkeling en innovatie zodat we de omslag kunnen maken naar een duurzaam en modern landbouwmodel.
2023/02/16
Binding annual greenhouse gas emission reductions by Member States (Effort Sharing Regulation) (A9-0163/2022 - Jessica Polfjärd)

Als N-VA hebben we tegen de verordening inzake de verdeling van de inspanningen (ESR) gestemd omdat we van mening zijn dat een toename van het ambitieniveau voor België van 35 % naar 47 % niet proportioneel is en een onevenredige last legt op onze economie en burgers. Bovendien zijn we gekant tegen de zogenaamde “dubbele dekking”, waarbij de sectoren gebouwen en transport onder het toepassingsgebied van zowel ETS als ESR vallen. We zijn dan ook overtuigd van het feit dat emissiehandel niet de geschikte manier is om binnen deze sectoren de noodzakelijke emissiereducties te verwezenlijken.We zijn ons bewust van de urgentie om de uitstoot van broeikasgassen te verminderen, maar we geloven dat dit op een verantwoorde en evenwichtige manier moet gebeuren, waarbij rekening wordt gehouden met de specifieke uitdagingen en beperkingen van elke sector.
2023/03/14
Land use, land use change and forestry (LULUCF) (A9-0161/2022 - Ville Niinistö)

Vanuit de N-VA steunen we het bereikte akkoord rond LULUCF. We zijn blij dat dit dossier aandacht schenkt aan de rol van landgebruik, verandering in landgebruik en bosbouw bij het bereiken van de klimaatdoelstellingen. Het is een stap in de goede richting om onze koolstofuitstoot te verminderen en onze ecosystemen te beschermen voor toekomstige generaties.Wel hebben we ons onthouden bij de stemming over de herziening van de marktstabiliteitsreserve, omdat we ons in de eerste plaats zorgen maken over de vernietiging van bestaande emissierechten in plaats van deze te gebruiken ter ondersteuning van sectoren die onder het CBAM of de ESR vallen. We erkennen dat er een balans moet worden gevonden tussen het behoud van de integriteit van het emissiehandelssysteem en het stimuleren van emissiereducties in verschillende sectoren. We zijn van mening dat het vernietigen van emissierechten niet de meest effectieve manier is om dit doel te bereiken en dat er betere opties moeten worden overwogen.
2023/03/14
European Semester for economic policy coordination 2023 (A9-0044/2023 - Irene Tinagli)

De N-VA steunt dit verslag over het Europees Semester. Het legt immers de juiste klemtonen: schuldreductie en groeigerichte hervormingen zijn absoluut nodig. We onderschrijven daarenboven volledig de boodschap dat de eventueel herziene begrotingsregels voldoende voorspelbaar moeten zijn en dat de effectiviteit zal afhangen van hun afdwingbaarheid en de mate waarin de Commissie ze ook daadwerkelijk afdwingt bij miskenning ervan.We steunen de verwijzing naar het standpunt van het Parlement van 16 februari 2023 met betrekking tot het voorgestelde Soevereiniteitsfonds evenwel niet. De EU heeft immers geen behoefte aan nieuw geld, maar wel aan betere, minder stringente regelgeving.
2023/03/15
Markets in Crypto-assets (MiCa) (A9-0052/2022 - Stefan Berger)

N-VA onthoudt zich op deze stemming. We verwelkomen deze wetgeving als een eerste stap in de regulering van cryptomunten. Het wetgevend kader had voor ons evenwel strenger gemogen, met idealiter een verbod op deze instrumenten.
2023/04/20
Impact on the 2024 EU budget of increasing European Union Recovery Instrument borrowing costs (A9-0163/2023 - Johan Van Overtveldt)

De EU heeft als antwoord op de COVID-19-pandemie en de sociaal-economische gevolgen ervan in 2020 een herstelplan gelanceerd. Om dit herstelplan te financieren hebben de lidstaten de Commissie toegelaten een eenmalige leningsoperatie te lanceren. Dit verslag betreft de begroting van die interestlasten in de huidige periode en voor de begroting van 2024 in het bijzonder. Bij aanvang van de leningsoperatie kenden we een bijzonder gunstige situatie op het vlak van rentelasten en liquiditeit. Dat heeft enerzijds gezorgd voor de vlotte opstart van de hele operatie en anderzijds voor een erg gunstige kostprijs. Ik heb destijds bij herhaling de Commissie aangespoord om, als goede huisvader, de timing van de uitgiftes van de leningen aan te passen aan het verwachte renteverloop en gewaarschuwd voor de uitdagingen die de stijgende rentevoeten met zich meebrengen.Dit verslag dringt bij de Commissie aan op tijdige en gedetailleerde informatie over de berekeningen die ten grondslag liggen aan de prognoses voor de financieringskosten, en sluit zich daarmee aan bij gelijkaardige verzoeken van de Raad.Omdat het verslag evenwel ook vasthoudt aan het bindende karakter van de kalender voor de invoering van nieuwe eigen middelen, hebben de N-VA-Europarlementsleden zich onthouden op de eindstemming.
2023/05/10
Own resources: a new start for EU finances, a new start for Europe (A9-0155/2023 - José Manuel Fernandes, Valérie Hayer)

Dit verslag heeft de bedoeling om te anticiperen op de verwachte tweede korf van mogelijke nieuwe eigen middelen die de Commissie later dit jaar zal voorstellen. Het verslag bevat een hele lijst van suggesties om het EU-budget te spijzen in de toekomst. De N-VA-Europarlementsleden zijn erg gekant tegen de invoering van nieuwe Europese belastingen. De bevoegdheid is er niet en er is geen draagvlak bij de burgers. Bovendien is de belastingdruk in de EU al veel te hoog. Die belastingen ondermijnen het groeipotentieel en finaal vernietigen ze jobs.Veel zinvoller is het om naar de uitgavenzijde te kijken. Het EU-budget is beperkt, dus moeten we het inzetten daar waar het een verschil maakt. Het is contraproductief om het EU-niveau voor te stellen als een bestuurslaag die zowat alle facetten van het overheidsoptreden zou kunnen vervullen. De verwachtingen ten aanzien van de EU zijn vaak misplaatst en zeker niet in overeenstemming met haar budgettaire slagkracht. De EU moet focussen op haar toegevoegde waarde.Daarom hebben de N-VA-Europarlementsleden tegen dit verslag gestemd.
2023/05/10
Competition policy - annual report 2022 (A9-0183/2023 - René Repasi)

N-VA is voorstander van een sterke mededingingsautoriteit die waakt over de vrije concurrentie binnen de EU. Zo ontstaat innovatie, groei en betaalbare goederen en diensten. Dit verslag bepleit het omgekeerde en laat de rem op overheidsuitgaven los, wat vooral grote lidstaten ten goede komt. Bovendien wordt de doelstelling van het mededingingsbeleid verwaterd. Dat moet niet zozeer de vrije concurrentie bewaken, maar wel de uitvoering van de Green Deal. Dit kan voor ons niet.
2023/06/13
Lessons learnt from the Pandora Papers and other revelations (A9-0095/2023 - Niels Fuglsang)

De N-VA steunt de strijd tegen belastingontwijking en fraude. We geloven dat internationale samenwerking hier ook onontbeerlijk is. We passen evenwel voor een verslag dat die strijd aangrijpt om te pleiten voor de uitholling van de belastingsoevereiniteit van de lidstaten en meer belastingen op Europees niveau wil. Om die reden onthoudt de N-VA zich van stemming over dit verslag.
2023/06/15
Industrial Emissions Directive (A9-0216/2023 - Radan Kanev)

De groene transitie is een noodzakelijke transitie en hiervoor moeten regelgeving en industrie hand in hand gaan. Vanuit N-VA steunen wij daarom de herziening van de richtlijn industriële emissies (IED). De IED heeft als doel industriële emissies te beperken en te reguleren om de impact op het milieu te verminderen, door middel van het vaststellen van emissienormen en het bevorderen van het gebruik van de beste beschikbare technieken.Deze herziening behoudt het cruciale concept van technologieneutraliteit, wat niet alleen innovatie, maar ook de efficiëntie in het behalen van onze milieudoelstellingen bevordert. Daarnaast zijn we tevreden met de opneming van veehouderijen en runderen in de IED, aangezien deze in Vlaanderen reeds aan striktere regelgeving voldoen. Dit draagt bij aan een gelijk speelveld voor onze boeren en voorkomt oneerlijke concurrentie. Ook het Europees innovatiecentrum Incite krijgt de verplichting opgelegd om onderzoek te doen naar minder giftige stoffen. Dit toont onze vastberadenheid om de industriële emissies terug te dringen en de milieueffecten ervan te verminderen.Als N-VA zijn we ervan overtuigd dat deze herziening van de IED de weg effent voor duurzaamheid, eerlijke concurrentie en technologische vooruitgang. Daarom steunen kunnen we deze herziening steunen.
2023/07/11
Nature restoration (A9-0220/2023 - César Luena)

Biodiversiteit staat al lang als een van de prioriteiten op de agenda van N-VA. Daarom willen we ook dat deze prioriteit op Europees niveau een ambitieus maar haalbaar kader krijgt. Met deze natuurherstelwet wil de Europese Commissie de biodiversiteit, die te lang verwaarloosd is geweest, herstellen en beschermen naar de toekomst toe.Het voorstel dat van de Commissie kwam, was te dirigistisch, bevatte te veel onduidelijkheden en hield geen rekening met de eigenheden van de lidstaten en regio’s, waardoor dit voor dichtbevolkte gebieden zoals Vlaanderen andere activiteiten onmogelijk dreigde te maken. Daarnaast was het voorgestelde verslechteringsverbod te rigide. Om deze redenen konden we dit initiële Commissievoorstel niet steunen en pleiten we voor een natuurherstelwet die op maat is van Vlaanderen.Tijdens de verdere stemming in het Europees Parlement werden diverse amendementen goedgekeurd, die een omzetting waren van het compromis dat bereikt werd tussen alle lidstaten in de Raad van de EU en voor ons de grootste angels uit het Commissievoorstel haalden. De huidige tekst, die rekening houdt met de sociaaleconomische eigenschappen van lidstaten, zoals de bevolkingsdichtheid, biedt voor N-VA nog steeds een kader dat ambitieus genoeg is om de vlucht vooruit te nemen wat betreft natuurherstel. Daarom steunde N-VA de uiteindelijke tekst wel.
2023/07/12
Taxation: administrative cooperation (A9-0236/2023 - Rasmus Andresen)

N-VA is voorstander van een duidelijke regulering van crypto-instrumenten. De door de Commissie voorgestelde informatie-uitwisseling in belastingzaken kunnen we dan ook steunen.Dit rapport gaat evenwel onnodig verder dan het Commissievoorstel en dit zowel met betrekking tot de uit te wisselen informatie, de gebrekkige waarborgen ter bescherming van de privacy van de belastingplichtige, alsook wat de oproep betreft om de invoering van een Europees fiscaal identificatienummer te onderzoeken. Om die reden onthouden ons van de stemming.
2023/09/13
Ambient air quality and cleaner air for Europe (A9-0233/2023 - Javi López)

De N-VA hecht groot belang aan een gezonde luchtkwaliteit en waardeert de ambitie van het Commissievoorstel om de normen aan te scherpen. De toevoeging van vervuilende stoffen als kwik en ammoniak is een logische stap in de juiste richting. Echter, de door het Europees Parlement voorgestelde deadlines zijn onrealistisch vroeg en zouden onvermijdelijk leiden tot talrijke inbreukprocedures tegen lidstaten.Het is cruciaal een realistisch en haalbaar tijdsbestek te hanteren om de gestelde doelen te bereiken zonder onnodige druk op de lidstaten uit te oefenen. Regelmatige herziening van de luchtkwaliteitsnormen op basis van de nieuwste wetenschappelijke kennis, zoals voorgesteld, zorgt voor een dynamisch wetgevingskader. De N-VA ondersteunt ook betere publieke informatie over luchtkwaliteit, wat essentieel is om de gezondheid van onze burgers te beschermen.Hoewel de N-VA streeft naar een aanzienlijke verbetering van de luchtkwaliteit, kunnen wij het huidige voorstel in deze vorm niet steunen vanwege de onrealistische deadlines die tot onnodige juridische procedures zouden kunnen leiden. We kijken uit naar de interinstitutionele onderhandelingen en hopen een compromis te kunnen steunen dat zowel ambitieus als haalbaar is om een gezonde luchtkwaliteit te waarborgen en daarmee de gezondheid van onze burgers te beschermen.
2023/09/13
European green bonds (A9-0156/2022 - Paul Tang)

De N-VA steunt de uitkomst van de trialoogonderhandelingen over de Europese norm voor groene obligaties. We steunen in het bijzonder een EU-wijde norm die voldoende flexibel is en die, door afstemming op de taxonomieverordening, ook investeringen in nucleaire energie kan aantrekken.We stellen ons evenwel nog de vraag hoe deze norm zich zal verhouden tot andere normen inzake groene obligaties en of het een voldoende soepel en breed inzetbaar instrument zal zijn, gelet op de aanzienlijke compliancekosten die aan de Europese norm voor groene obligaties verbonden zijn.
2023/10/05
Generational renewal in the EU farms of the future (A9-0283/2023 - Isabel Carvalhais)

. – De N-VA steunt dit verslag dat de lidstaten en de Commissie oproept om generatievernieuwing in landbouwbedrijven te ondersteunen. De economische positie van onze huidige en toekomstige boeren moet versterkt worden. Voor de N-VA is het blijven inzetten van directe inkomenssteun geen duurzame oplossing voor de toekomst. Een derde van de totale Europese begroting gaat naar de landbouw. Toch zien we dat men er niet in slaagt om toekomstige landbouwers van een redelijke levensstandaard te verzekeren. De Vlaamse boer verdient een rechtvaardige prijs voor zijn hoogstaande kwalitatieve producten. De N-VA pleit ervoor om de marktwaarde van de Vlaamse boeren te vergroten door het Europese mededingingsbeleid krachtiger toe te passen zodat boeren hun krachten kunnen bundelen en dus sterker staan tijdens prijsonderhandelingen. Enkel zo kunnen we een duurzame, eerlijke en financieel gezonde landbouw garanderen voor toekomstige generaties boeren.
2023/10/19
European single access point (ESAP): access to information in relation to financial services, capital markets and sustainability (A9-0026/2023 - Pedro Silva Pereira)

N-VA is voorstander van de verdere uitbouw van een Europese kapitaalmarktenunie. Het ESAP vormt als “go to”-portaal voor publicatie van rapporteringsverplichtingen een volgende stap hierin. Wij steunen dit. Evenwel moeten we erover waken dat het toepassingsgebied van het ESAP, alsook de hoeveelheid rapportageverplichtingen an sich, werkbaar blijven en daadwerkelijk voor toegevoegde waarde zorgen.
2023/11/09
Type-approval of motor vehicles and engines with respect to their emissions and battery durability (Euro 7) (A9-0298/2023 - Alexandr Vondra)

De N-VA stemde voor het bereikte compromis over de Euro 7-norm. Deze norm is een belangrijke stap richting schonere en gezondere lucht. De tekst die vandaag is goedgekeurd, is een evenwichtig akkoord dat ambitieus is op vlak van emissienormen voor fijnstof en partikels afkomstig van remmen en banden. Tegelijk biedt dit de nodige ademruimte aan de auto-industrie om de overgang naar schonere wagens op een betaalbare manier mogelijk te maken.De tekst houdt vast aan de vooropgestelde emissiegrenswaarden van de Europese Commissie, maar stelt deze uit tot 2030 voor personenwagens, wat de overgangsperiode aanzienlijk verlengt. Desondanks betreurt de N-VA het feit dat het compromis waarover is gestemd geen rekening houdt met koolstofneutrale brandstoffen. We pleiten sterk voor het principe van technologieneutraliteit, en daarom vinden we dat er ook voor alternatieve brandstoffen, die hetzelfde potentieel hebben voor decarbonisatie van vervoer, plaats moet zijn in deze wetgeving. Ten slotte verwelkomen we het begin van de interinstitutionele onderhandelingen.
2023/11/09
Strengthening the CO2 emission performance targets for new heavy-duty vehicles (A9-0313/2023 - Bas Eickhout)

De N-VA erkent het cruciale belang van het terugdringen van onze CO2-emissies en het verbeteren van onze luchtkwaliteit, vooral in stedelijke gebieden. De huidige toestand vereist dan ook dringende actie, en wij steunen de voorgestelde CO2-emissienormen voor zware voertuigen door de Europese Commissie. Naast het reduceren van CO2-uitstoot is de reductie van andere schadelijke stoffen zoals stikstof en fijnstof ook van groot belang. Omdat deze problematiek zeer merkbaar is in stedelijke gebieden, kunnen we de ambitie voor emissievrije stadsbussen ook steunen.Technologieën zoals elektrificatie en waterstofmotoren spelen al een vitale rol in het streven naar een schonere transportsector, maar we moeten alle bestaande technologieën met de potentie tot de decarbonisatie van transport de kans geven om bij te dragen, waaronder ook koolstofneutrale brandstoffen. De N-VA betreurt het feit dat het gestemde compromis hier geen rekening mee houdt, gezien dit niet vasthoudt aan het principe van technologienetraliteit. Om die reden hebben we ons onthouden bij de eindstemming. We kijken uit naar de interinstitutionele onderhandelingen in de hoop het akkoord alsnog te kunnen steunen. Dit besluit doet geen afbreuk aan onze voortdurende inspanning om in de praktijk verder te werken aan betere luchtkwaliteit.
2023/11/21
Sustainable use of plant protection products (A9-0339/2023 - Sarah Wiener)

Biodiversiteit en pesticidengebruik zijn onlosmakelijk met elkaar verbonden en hebben ook een effect op klimaatverandering. Daarom staan biodiversiteit en natuur al jaren hoog op de agenda van de N-VA. Om op een efficiënte manier de vermindering van pesticiden te verwezenlijken en het gelijke speelveld te kunnen waarborgen zijn er gelijke doelstellingen nodig tussen lidstaten. Daarom steunen wij de Europese doelstelling van een halvering van het chemische pesticidengebruik tegen 2030 en een vermindering van 65% voor pesticiden met een hoger risico. Dit ligt in lijn met de Europese ‘Farm to Fork’ en biodiversiteitsstrategieën.Voorkomen is natuurlijk altijd beter dan genezen, daarom steunen we ook de verplichting tot geïntegreerde gewasbescherming (IPM). Door het gebruik van natuurlijke methodes, met chemische pesticiden als laatste redmiddel, kunnen we het gebruik van pesticiden verminderen en het risico op gezondheid en milieu verminderen. Ook zijn we van mening dat dit niet tot extra administratieve kosten en lasten voor professionele gebruikers mag leiden, om zo een accumulatie van verplichtingen te vermijden.Verder zijn we er van overtuigd dat innovatieve oplossingen zoals biologische alternatieven voor chemische pesticiden een oplossing kunnen bieden voor deze problematiek, en verwelkomen we de verdere ontwikkeling van deze middelen.
2023/11/22
Packaging and packaging waste (A9-0319/2023 - Frédérique Ries)

De aanpak om de afvalberg te verkleinen omvat twee cruciale aspecten: het voorkomen van toenemend afval en meer recyclen. Hoewel België uitblinkt als voortrekker in de Europese Unie, met een indrukwekkende 99% ophaal- en 80% recyclegraad, produceren we nog steeds veel afval. De N-VA erkent daarom de urgentie om onze afvalberg te verkleinen, waarmee we een schonere en klimaatvriendelijkere samenleving bevorderen.Dit moet op een economisch haalbare manier gebeuren, zonder onrealistische doelen voor verpakkingen die de consumentenprijzen opdrijven. We juichen de invoering van een verplicht statiegeldsysteem binnen de Unie toe; dit creëert een gelijk speelveld voor alle lidstaten. Bovendien pleiten we voor gelijke verplichtingen voor herbruikbare en hervulbare verpakkingen, met specifieke aandacht voor alcoholische dranken. Hoewel herbruikbare en hervulbare verpakkingen de afvalberg sterk kunnen helpen verminderen, zijn ze niet altijd de meest duurzame oplossing, we moeten immers kijken naar de volledige levenscyclus van verpakkingen. Wij zien dan ook een grote complementariteit tussen deze methoden en het ophalen en recyclen van afval.Met het bereikte akkoord zijn er enkele verbeteringen ten opzichte van het oorspronkelijke wetsvoorstel en we kijken uit naar de institutionele onderhandelingen. Momenteel heeft de N-VA zich onthouden op deze stemming, maar hoopt het finale akkoord te kunnen steunen.
2023/11/22

Written questions (24)

EU must protect African elephants
2019/07/12
Documents: PDF(50 KB) DOC(20 KB)
EU must protect African elephants
2019/07/12
Documents: PDF(51 KB) DOC(19 KB)
Implementation of the Regulation on medical devices
2019/12/17
Documents: PDF(40 KB) DOC(9 KB)
New breeding techniques
2019/12/17
Documents: PDF(41 KB) DOC(9 KB)
Odometer fraud
2020/01/10
Documents: PDF(43 KB) DOC(10 KB)
Immediate cessation of funding to Turkey for cultural heritage matters
2020/09/08
Documents: PDF(51 KB) DOC(11 KB)
Shortage of freight containers
2021/02/22
Documents: PDF(38 KB) DOC(9 KB)
British freeports
2021/03/09
Documents: PDF(46 KB) DOC(9 KB)
Support for urban mobility
2021/03/18
Documents: PDF(38 KB) DOC(9 KB)
Importance of an open mobility market as a function of MaaS
2021/03/19
Documents: PDF(40 KB) DOC(9 KB)
Single-dose coronavirus vaccine vials
2021/05/17
Documents: PDF(41 KB) DOC(9 KB)
Transparency and funding of the Conference on the Future of Europe
2021/06/02
Documents: PDF(50 KB) DOC(11 KB)
Concerns regarding ‘notified bodies’ for medical devices
2021/08/30
Documents: PDF(41 KB) DOC(9 KB)
Foie gras
2021/09/16
Documents: PDF(39 KB) DOC(9 KB)
Measures to tackle odometer fraud
2021/09/23
Documents: PDF(41 KB) DOC(10 KB)
European approach to PFAS
2021/10/11
Documents: PDF(40 KB) DOC(9 KB)
Incorporation of climate risks into debt sustainability analysis
2021/11/23
Documents: PDF(43 KB) DOC(9 KB)
Anti-competitive behaviour of European Retail Alliances (ERAs)
2021/12/16
Documents: PDF(44 KB) DOC(10 KB)
Linking the starting of a car to an electronic check of the driver’s licence
2022/01/10
Documents: PDF(39 KB) DOC(9 KB)
De-risking
2022/02/01
Documents: PDF(47 KB) DOC(9 KB)
Potential shortage of syringes
2022/03/16
Documents: PDF(39 KB) DOC(9 KB)
Pre-accession assistance to the Republic of Serbia
2022/04/25
Documents: PDF(39 KB) DOC(9 KB)
Impact of the Russian aggression in Ukraine on energy and commodities markets
2022/05/04
Documents: PDF(38 KB) DOC(9 KB)
Removing the minimum liver weight requirement for foie gras production
2023/06/30
Documents: PDF(63 KB) DOC(12 KB)

Unknown (1)

PROPOSAL FOR A UNION ACT on the transparency of selection procedures for high-ranking EU officials
2021/02/11
Documents: PDF(147 KB) DOC(45 KB)

Amendments (1314)

Amendment 13 #

2023/2229(INI)

Motion for a resolution
Paragraph 2
2. Reiterates its call for a capital increase; expects the EIB to ensure that its financing contributes to addressing market failures and avoids crowding-out effects, without increasing its overall financing costs;
2024/01/08
Committee: BUDG
Amendment 37 #

2023/2229(INI)

Motion for a resolution
Subheading 1
EU’s climate bank: climate action and environmental sustainability objectivesSupport for innovation, small and medium-sized enterprises, industry and digitalisation
2024/01/08
Committee: BUDG
Amendment 38 #

2023/2229(INI)

Motion for a resolution
Paragraph 7
7. CRecalls on the EIB to develop a method of assessing the green funding gap inthat SMEs are the backbone of Europe’s economy; recalls that the EU’s 23 million SMEs account for 99 % of all businesses and provide around three quarters of all jobs; points out that the energy crisis and the consequences of Russia’s war in Ukraine pose further challenges for the EUm;
2024/01/08
Committee: BUDG
Amendment 41 #

2023/2229(INI)

Motion for a resolution
Paragraph 7 a (new)
7 a. Reminds that in 2022, the EIB provided financing amounting to a total investment of EUR 16.35 billion for SMEs and mid-caps; notes that according to the EIB’s assessment, EIB Group operations providing debt support to SMEs totalled almost EUR 20 billion in annual net signatures between 2010 and 2020; calls on the EIB to reflect on ways to further facilitate its support to SMEs, in particular for smaller financing projects;
2024/01/08
Committee: BUDG
Amendment 43 #

2023/2229(INI)

Motion for a resolution
Paragraph 7 b (new)
7 b. Highlights the fact that support to SMEs and mid-caps must be increased further from current levels, particularly in the context of high energy prices and rising raw material and interest rate costs; stresses that SMEs often have limited administrative resources and pay more than large companies to borrow money since they must accept bank loans with poorer terms, and would thus benefit from having financing channels that are easy to access; calls on the EIB, therefore, to design its programmes in a way that avoids unnecessary red tape and regulatory burdens, thus making them as accessible as possible to SMEs;
2024/01/08
Committee: BUDG
Amendment 45 #

2023/2229(INI)

Motion for a resolution
Paragraph 7 c (new)
7 c. Points out that stable energy supply is the cornerstone of a successful industrial policy, particularly for SMEs; highlights the merits of and the innovation in nuclear power in this regard;
2024/01/08
Committee: BUDG
Amendment 46 #

2023/2229(INI)

Motion for a resolution
Paragraph 7 d (new)
7 d. Reiterates its call on the EIB to complement efforts to build data-driven solutions, with a particular focus on SMEs’ competitiveness, and to focus its investment in this field on bridging digital divides both within the EU and between the EU and other technologically more advanced regions of the world; urges the EIB to increase support directed at scaling up European start-ups, including by taking greater risks in disbursing venture capital to ensure that European start-ups can scale up in the EU rather than outside it;
2024/01/08
Committee: BUDG
Amendment 49 #

2023/2229(INI)

Motion for a resolution
Paragraph 8
8. Expects the review of the Climate Bank Roadmap in 2024 to bring the EIB fully inWelcomes the 2022-2023 EIB Investment report that analyses the investment climate across the EU; invites the EIB to evaluate what additional efforts could be undertaken in its next review of the Climate Bank Roadmap to aligne with the 1.5 degree pathway and the target of climate neutrality by 2050 at the latest; bwelieves that the benchmark should be the most ambitious public banking practices; reiterates its call to include a solid assessment of less carbon- intensive alternatives and ‘scope 3’ emissions for each projectcomes the EIB's ambitious public banking practices;
2024/01/08
Committee: BUDG
Amendment 51 #

2023/2229(INI)

Motion for a resolution
Paragraph 9
9. Calls for the full implementation of the Paris Alignment for Counterparties; expects the exemptions granted under the Paris Alignment’s framework inInvites the EIB to look into the economic and decarbonisation potential of new nuclear technologies; reminds that cleantech start-ups have massive capital needs from day one; highly welcomes the EIB's contribution to support ofthe REPowerEU to be exceptional, temporary and fully justifiedPlan with an additional EUR 30 billion in loans and equity financing over the next five years; notes that these additional funds will be directed to renewables, energy efficiency, grids and storage, electric-vehicle charging infrastructure, and breakthrough technologies, such as low-carbon hydrogen;
2024/01/08
Committee: BUDG
Amendment 54 #

2023/2229(INI)

Motion for a resolution
Paragraph 10
10. ReiteraNotes that corporate clients are contractually required to create and publish credible decarbonisation plans; is concerned that the EIB has signed contracts with corporate clients regardless of whether they have published these plans; expects the EIB to systematically evaluate the credibility of these plans, applying decarbonisation criteria compatible with the 1.5 degree target before signing any new financial commitmentsthe Paris Alignment for Counterparties (PATH) framework in support of REPowerEU provides an exception for the EIB to work with companies still involved in activities deemed incompatible with the Paris Agreement, such as oil and gas majors, in the context of highly innovative green projects; welcomes the decision of the EIB to extend these exemptions to all renewable energy projects and electric- vehicle charging in response to the emergency energy situation in the EU following the war of aggression against Ukraine and the objective of ending dependency on Russian fossil-fuel imports; reminds that all recipients of EIB financing are contractually required to create and publish a credible Paris- alignment strategy (“decarbonisation plans”), which will include mid-term, rolling, quantitative emission reduction targets and options over a longer time horizon to achieve carbon neutrality towards mid-century;
2024/01/08
Committee: BUDG
Amendment 59 #

2023/2229(INI)

Motion for a resolution
Paragraph 11
11. Calls on the EIB to adapt its de- risking activities in order to steer private finance towards projects that have a high level of additionality and contribute to a just transition without jeopardising the commercial viability of its portfolio; invites the EIB to learn lessons from the implementation of products such as the climate and infrastructure funds, including the relevance of intermediated equity and the necessity of improving the risk-reward ratios in smaller-scale green infrastructure projectsfinance viable projects that align with the EU taxonomy; invites the EIB to adapt its energy lending policy accordingly in order to fully support investment in EU Small Modular Reactors (SMRs);
2024/01/08
Committee: BUDG
Amendment 60 #

2023/2229(INI)

Motion for a resolution
Paragraph 12
12. Takes note ofWelcomes the upscaled investment in hydrogen; insists that the role of hydrogen is to reduce emissions from hard-to-abate industrial sectors; expects additionality to be ensured so as to avoid diverting resources from existing renewable electricity; is concerned about the significant impacts of hydrogen projects on the water supply in a context of increasing drought, as well as its impact on biodiversity; is concerned about de-risking private investments for large- scale green hydrogen projects, in particular in view of their limited commercial viabilityvites the EIB to offer its advisory expertise to the EU hydrogen ecosystem and to assist the development of the renewable and low-carbon hydrogen market;
2024/01/08
Committee: BUDG
Amendment 68 #

2023/2229(INI)

Motion for a resolution
Paragraph 14
14. Expects the EIB to engage more actively in nature-positive and biodiversity-enhancing investments and in sectors with the greatest biodiversity co- benefits, such as water, sanitation, forestry and the ocean, with the highest level of integrity and assurances and, integrating the lessons learned from the Natural Capital Financing Facility and respecting the demand-driven nature of EIB financing operations;
2024/01/08
Committee: BUDG
Amendment 72 #

2023/2229(INI)

Motion for a resolution
Paragraph 15
15. Expects enhanced efforts to mainstream nature in analyses and operations assessing the financial risk of biodiversity loss at counterparty level; expects nature-positive elements to be systematically required forincorporated in large-scale infrastructure projects, especially for urban investments; warns against projects contributing to climate objectives that do not take into account impacts on biodiversity;
2024/01/08
Committee: BUDG
Amendment 74 #

2023/2229(INI)

Motion for a resolution
Paragraph 17
17. Expects the EIB to continue to apply stringent EU animal welfare standards, including for breeding activities and feed in fish farming, based on the highest standard set by multilateral financial institutionsthe EU;
2024/01/08
Committee: BUDG
Amendment 80 #

2023/2229(INI)

Motion for a resolution
Paragraph 19
19. Welcomes the new EU for Ukraine initiative launched by the EIB in March 2023 to finance reconstruction and recovery in Ukraine and conceived as a temporary scheme which will enable continued EIB engagement in the country while expected medium term EU support is put in place; welcomes the fact that all EIB actions in Ukraine are guided by the priorities for reconstruction and will be fully aligned with the upcoming Ukraine plan; welcomes the technical assistance component to ensure optimal project preparation and implementation, as well as capacity building measures; welcomes the EIB’s efforts to prevent, deter and investigate fraud and corruption in relation to its projects in Ukraine;
2024/01/08
Committee: BUDG
Amendment 84 #

2023/2229(INI)

Motion for a resolution
Paragraph 19 a (new)
19 a. Welcomes the EIB's support for the EU’s security and defence agenda and the decision to provide both more financing and a broader range of support for security and defence; expresses its support for the decision by the EIB's Board of Directors in June 2023 to increase its financing for security and defence up to EUR 8 billion due to the new geopolitical environment and rising financing needs in the sector;
2024/01/08
Committee: BUDG
Amendment 88 #

2023/2229(INI)

Motion for a resolution
Paragraph 19 b (new)
19 b. Invites the EIB to expand the Strategic European Security Initiative (SESI) programme and further step up its investments in European security and defence; requests the EIB to assess where it can contribute to closing the investment gap and play a role in safeguarding the security of the EU, taking into account relevant international law considerations;
2024/01/08
Committee: BUDG
Amendment 104 #

2023/2229(INI)

Motion for a resolution
Paragraph 23
23. Reiterates its call for clear and binding rules to complement the information note summarising EIB Global’s approach to human rights, in particular on assessment and disengagement; expresses particular concern that, since 2015, the EIB has not required project promoters to carry out any standalone human rights impact assessmentsWelcomes the EIB's commitments to respecting and promoting human rights in the projects it supports, thus contributing to the objectives of the UN Guiding Principles on Business and Human Rights; notes that the EIB screens human rights risks at project level by integrating human rights considerations into its environmental and social due diligence;
2024/01/08
Committee: BUDG
Amendment 111 #

2023/2229(INI)

Motion for a resolution
Paragraph 24
24. Is concerned that the EIB is falling behind other public financial institutions in terms of tWelcomes the launch of the Development Finance Institutions Transparency aIndex in ensuring that no harm is done by its intermediated investments, as it rated only ‘fair’ on the 2023 Foreign Direct Investment Transparency Index; recalls that the EIB’s transparency policy runs counter to the presumption of disclosure and is not aligned with the applicable exceptions listed in Regulation (EC) No 1049/20013 and Regulation (EC) No 1367/20064 ; urges the EIB to implement the European Ombudsman’s recommendations of 20 November 2023 from Case 2252/2022/OAM and of 21 April 2022 from Case 1251/2020/PB to allow for a meaningful assessment of the2023 and the fact that the associated report ranks the EIB at a similar level to peer development finance institutions in a number of areas, including financial intermediaries and environmental and, social aspects of projects it is considering for funding; _________________ 3 Regulation (EC) No 1049/2001 of the European Parliament and of the Council of 30 May 2001 regarding public access to European Parliament, Council and Commission documents (OJ L 145, 31.5.2001, p. 43). 4 Regulation (EC) No 1367/2006 of the European Parliament and of the Council of 6 September 2006 on the application ofnd governance and accountability to communities; calls for clear and comprehensive information to be shared with the EU institutions, in particular Parliament; underlines that the provistections of the Aarhus Convention on Access to Information, Public Participation in Decision-making and Access to Justice in Environmental Matters to Community institutions and bodies (OJ L 264, 25.9.2006, p. 13).commercially sensitive information from clients needs to be ensured at all times, in line with applicable Regulation (EC) No 1049/2001;
2024/01/08
Committee: BUDG
Amendment 61 #

2023/2059(INI)

Motion for a resolution
Recital D
D. whereas non-EU entities have strategically increased their stakes in European ports, terminals, companies and port infrastructure;
2023/10/14
Committee: TRAN
Amendment 65 #

2023/2059(INI)

Motion for a resolution
Recital E a (new)
Ea. whereas ports are a highly complex environment with many different stakeholders and many different interests, making recognizing and assessing the risks of foreign influence an arduous but crucial exercise;
2023/10/14
Committee: TRAN
Amendment 85 #

2023/2059(INI)

Motion for a resolution
Paragraph 2
2. Calls on the Commission to present an EU strategic policy framework to reduce and limit influence and operational control by non-EU countries in the EU’s ports and, in their processes and hinterland operations as well as to limit direct stakes in the port authority;
2023/10/14
Committee: TRAN
Amendment 106 #

2023/2059(INI)

Motion for a resolution
Paragraph 5
5. Stresses that despite the existence of protective mechanisms at EU level, such as the screening of foreign direct investments and competition rules, these instruments are insufficient for addressing the increasing economic strength of external powers through individual companies and depend heavily on implementation by individual Member States; notes that some Member States do not yet have such measures in place, which could undermine the level playing field as well as counteract the working of foreign direct investment rules at the European level;
2023/10/14
Committee: TRAN
Amendment 110 #

2023/2059(INI)

Motion for a resolution
Paragraph 5 a (new)
5a. Strongly encourages the Commission to strengthen the role of the protective measures for ports in the revision of the Foreign Direct Investments regulation, as this is still to be considered as the main tool against influence by state-owned entities;
2023/10/14
Committee: TRAN
Amendment 115 #

2023/2059(INI)

Motion for a resolution
Paragraph 6
6. Underlines the importance of increasing EU cooperation in screening and blocking inbound investments in critical infrastructures, where major negative impacts on other Member States or the whole EU cannot be excluded;
2023/10/14
Committee: TRAN
Amendment 121 #

2023/2059(INI)

Motion for a resolution
Paragraph 7
7. Calls on the Commission to research and assess the impact of vertical integration in maritime logistics, the Consortia Block Exemption Regulation and the formation of container alliances on non-EU country influence in EU ports; consider that, given the CBER is due to expire in 2024, the Commission should take into account the changes this brings for competition in the maritime sector and the safeguarding of the level playing field;
2023/10/14
Committee: TRAN
Amendment 143 #

2023/2059(INI)

Motion for a resolution
Paragraph 10
10. Suggests that all Member States introduce laws to retake control of ports, terminals and other maritime infrastructure and develop contingency plans for a major conflict scenario; highlights repeated warnings by intelligence agencies against the risks of economic dependence, espionage and sabotage caused by the economic presence of entities from non-EU countries in our critical infrastructure and strategic sectors, such as ports;
2023/10/14
Committee: TRAN
Amendment 146 #

2023/2059(INI)

Motion for a resolution
Paragraph 10 a (new)
10a. Considers that logistics are a highly digital and just-in-time complex operation and therefore asks to limit and monitor the access of foreign state-owned entities to port operations and information;
2023/10/14
Committee: TRAN
Amendment 147 #

2023/2059(INI)

Motion for a resolution
Paragraph 10 b (new)
10b. Calls on Member States to set up a proper screening regime on foreign ownership based on the sharing of best practices and the inclusion of a risk assessment for the wider EU-impact of foreign ownership; requests this to be done urgently as increased stakes by foreign entities occur most likely in Member States without such policy or an insufficient one;
2023/10/14
Committee: TRAN
Amendment 148 #

2023/2059(INI)

Motion for a resolution
Paragraph 10 c (new)
10c. Stresses that the goal of this report is not to repel foreign investments as such, but to limit harmful side-effects foreign investments might bring with them, with state-owned foreign entities being the usual suspects;
2023/10/14
Committee: TRAN
Amendment 160 #

2023/2059(INI)

Motion for a resolution
Paragraph 13
13. Emphasises that a high level of cybersecurity of all actors in our ports is crucial to prevent espionage and severe disruptions of port systems and operations; considers that the risk of negative spill- over effects from a lack of cybersecurity from one port to another is high and that therefore high standards should be maintained by all Member States and that the sharing of best practices and experiences should be recommended;
2023/10/14
Committee: TRAN
Amendment 162 #

2023/2059(INI)

Motion for a resolution
Paragraph 13 a (new)
13a. Considers that cyber threats and the disruption of our economic fabric is all too often too easy and that exposing weaknesses in the cybersecurity of ports and addressing these is of the utmost importance; points out that the risk of cyber threats has increased significantly in the last few years and that this should not be considered as only a secondary issue;
2023/10/14
Committee: TRAN
Amendment 170 #

2023/2059(INI)

Motion for a resolution
Paragraph 14 a (new)
14a. Stresses that although an increased digitalisation heavily contributes to an efficient working environment, the competitiveness and the sustainability of ports, this also adds to the risk of a cyber threat; considers that the more a system relies on digital tools, the more vulnerable it is to cyber threats; believes that as the benefits of further digitalisation outweigh these risks, the only solution is to strengthen the resilience of European ports to cyber threats;
2023/10/14
Committee: TRAN
Amendment 175 #

2023/2059(INI)

15. Underlines that EU ports are key entry points for illicit drugs and cillicit drugs are increasingly being introduced into Member States through ports, having an effect on society as a whole and undermining the safety of ports, adjacent cities and its citizens; Calls on the Commission to present measures for effective European cooperation to combat drug trafficking, extraction and criminal subversion;
2023/10/14
Committee: TRAN
Amendment 177 #

2023/2059(INI)

Motion for a resolution
Paragraph 15 a (new)
15a. Stresses that every European port is subject to different national and regional policies, as well as a difference in geographical characteristics; therefore considers that a one-size-fits-all approach is to be avoided and attention should be paid to unique characteristics of ports;
2023/10/14
Committee: TRAN
Amendment 181 #

2023/2059(INI)

Motion for a resolution
Paragraph 15 b (new)
15b. Stresses that in the fight against drugs trafficking, EU ports should be able to work closely with law enforcement and have access to the necessary digital tools given a necessary and sufficient legal justification;
2023/10/14
Committee: TRAN
Amendment 182 #

2023/2059(INI)

Motion for a resolution
Paragraph 15 c (new)
15c. Considers that, given the role ports play as critical infrastructure, cooperation with all entities and governments involved in safeguarding security is paramount; calls for a European Port Strategy to provide a framework that allows ports to fulfill their security tasks to the fullest;
2023/10/14
Committee: TRAN
Amendment 190 #

2023/2059(INI)

Motion for a resolution
Paragraph 16 a (new)
16a. Stresses that currently the EU is dependent on China for its energy transition because of the large amount of critical raw materials needed for infrastructure contributing to this shift; supports the incentive given by the Commission in the form of Critical Raw Materials Act to change the status quo;
2023/10/14
Committee: TRAN
Amendment 195 #

2023/2059(INI)

Motion for a resolution
Paragraph 16 b (new)
16b. Underlines that ports play a crucial role in the energy transition and as distribution hubs for renewable energies such as hydrogen, and that this will only increase given the importance of energy self-sufficiency of Member States;
2023/10/14
Committee: TRAN
Amendment 204 #

2023/2059(INI)

Motion for a resolution
Paragraph 17
17. Calls on the Commission to address the increasing need for investments in ports and terminals and their infrastructure so that they can assume their role in the energy transition;
2023/10/14
Committee: TRAN
Amendment 220 #

2023/2059(INI)

Motion for a resolution
Paragraph 18 a (new)
18a. Stresses the risk of carbon and business leakage to third-country ports; considers that EU ports often play a pioneering role in the energy transition and take risks when making big investments in the energy transition;
2023/10/14
Committee: TRAN
Amendment 223 #

2023/2059(INI)

Motion for a resolution
Paragraph 18 b (new)
18b. Recalls that on-shore power supply plays a vital role for the electrification of ports, and entails high investment risks without financial support by the Commission and Member States;
2023/10/14
Committee: TRAN
Amendment 249 #

2023/2059(INI)

Motion for a resolution
Paragraph 20
20. Calls on the Commission to analyse and address the investment needs of ports in order for them to beremain competitive in the future and to work towards a more stable investment climate including transparency and predictability in investment assessments, both public and private;
2023/10/14
Committee: TRAN
Amendment 270 #

2023/2059(INI)

Motion for a resolution
Paragraph 24 a (new)
24a. Recalls that inland waterways play a vital role in the European transport system, providing a sustainable and efficient mode of transport for goods and people; therefore stresses that inlands waterways should not be left out of scope for a potential European Port Strategy.
2023/10/14
Committee: TRAN
Amendment 280 #

2023/2059(INI)

Motion for a resolution
Paragraph 26
26. Calls on the Commission to stimulate programmes for innovation and further port digitalisation, such as smart ports programmes, with a view to improving the efficiency, productivity and, sustainability of ports and further expansion of cybersecurity infrastructure;
2023/10/14
Committee: TRAN
Amendment 283 #

2023/2059(INI)

Motion for a resolution
Paragraph 26 a (new)
26a. Underlines the importance of private investments in ports and that companies are the ones providing employment and innovation in and around ports;
2023/10/14
Committee: TRAN
Amendment 284 #

2023/2059(INI)

Motion for a resolution
Paragraph 26 b (new)
26b. Underlines that in order to maintain the competitiveness of EU ports and the functioning of a possible European Port Strategy, excessive administrative burden should be avoided as this could undermine the working of such a strategy;stresses that ports already face a lot of red tape and that increasing this further threatens to defeat the purpose of creating a European Port Strategy in the first place;
2023/10/14
Committee: TRAN
Amendment 287 #

2023/2059(INI)

Motion for a resolution
Paragraph 26 c (new)
26c. Stresses that a European Port Strategy should not be a protectionist measure and should maintain the competitiveness of ports as a main priority;
2023/10/14
Committee: TRAN
Amendment 18 #

2023/0172(COD)

Proposal for a directive
Recital 8
(8) Minimum criteria and inspection targets related to those resources should be established on the basis of the practical experience of the Member States, including the use of non-exclusive inspectors, via implementing measures.deleted
2023/10/13
Committee: TRAN
Amendment 20 #

2023/0172(COD)

Proposal for a directive
Recital 9
(9) The fulfilment of a harmonised capacity building scheme, post- qualification, by flag State surveyors and inspectors,A strong voluntary post- qualification training provided by EMSA Academy to all Member States should ensure a level playing field between maritime administrations and contribute to the qualitative performance of ships flying the flag of a Member State.
2023/10/13
Committee: TRAN
Amendment 23 #

2023/0172(COD)

Proposal for a directive
Recital 13 a (new)
(13 a) The sharing of the outcome of IMO audits and potential corrective measures resulting from IMO audits remains the prerogative of the Member States.
2023/10/13
Committee: TRAN
Amendment 24 #

2023/0172(COD)

Proposal for a directive
Recital 14
(14) The Commission, assisted by the European Maritime Safety Agency (EMSA) established by Regulation (EC) No 1406/2002 of the European Parliament and of the Council31 , should be invited and involved as observer by the auditee Member State as flag State for the purpose of ensuring consistency between IMO audit and Commission assessments, executed by EMSA to check the implementation of Union maritime safety legislation via its visit and inspection scheme, on behalf of the Commission. __________________ 31 Regulation (EC) 1406/2002 of the European Parliament and of the Council of 27 June 2002 establishing a European Maritime Safety Agency (OJ L 208 5.8.2002, p. 1).deleted
2023/10/13
Committee: TRAN
Amendment 31 #

2023/0172(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 1 – point b
Directive 2009/21/EC
Article 3 – point g
(g) ‘III-Code’ means parts 1 and 2 of Resolution A.1070(28) (“IMO Instruments Implementation Code”), adopted by the International Maritime Organisation (IMO), with the exception of paragraphs 16.1, 18.1, 19, 29, 30, 31 and 32 of part 2;deleted
2023/10/13
Committee: TRAN
Amendment 45 #

2023/0172(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 3
Directive 2009/21/EC
Article 4b – paragraph 2
2. Each Member State shall ensure the oversight of the activities of flag State surveyors, flag state inspectors and recognised organisations and participate in the EU Recognised Organisation oversight scheme specified by the high level group on flag State matters referred to in Article 9a(1).
2023/10/13
Committee: TRAN
Amendment 48 #

2023/0172(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 3
Directive 2009/21/EC
Article 4c – title
Common capacity buildPost-qualification training of flag State personnel
2023/10/13
Committee: TRAN
Amendment 49 #

2023/0172(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 3
Directive 2009/21/EC
Article 4c – paragraph 1
1. Member States shallcan ensure that the personnel responsible for or performing surveys, inspections and audits on ships and companies undergo the harmonised scheme specified in paragraph 2a voluntary post- qualification training provided by the EMSA Academy..
2023/10/13
Committee: TRAN
Amendment 51 #

2023/0172(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 3
Directive 2009/21/EC
Article 4c – paragraph 2
2. The Commission, seeking the advice of the high level group on flag State matters referred to in Article 9a(1), shall develop a common capacity building scheme (post-qualification at national level) andcan assist Member States where necessary in supporting a voluntary post-qualification training provided by EMSA Academy help keep it updated, considering new technologies and in relation to new or additional obligations arising from the relevant international instruments, for Member States flag State surveyors and inspectors.
2023/10/13
Committee: TRAN
Amendment 59 #

2023/0172(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 6
5 a. To give Member states sufficient time to ensure the interoperability and compatibility of its electronic information, the sharing and accessibility of this information shall be ensured 2 years after the entry into force of this Directive.
2023/10/13
Committee: TRAN
Amendment 60 #

2023/0172(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 7
Directive 2009/21/EC
Article 7 – paragraph 1
1. Member States shall take the necessary measures to undergo the IMO audit of their administration at least once every seven years, and shall publish the outcome of the audit as well as any corrective actions in the Global Integrated Shipping Information System (GISIS) database set up by the IMO. Member States shall also make the same information available to the public, in accordance with relevant national legislation on confidentiality.
2023/10/13
Committee: TRAN
Amendment 62 #

2023/0172(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 7
Directive 2009/21/EC
Article 7 – paragraph 2
2. Member States shall ensure that the Commission, assisted by EMSA, is allowed to participate as an observer in the IMO auditing process and, that any Audit report and the information on subsequent action taken is immediately made available to the Commission.deleted
2023/10/13
Committee: TRAN
Amendment 79 #

2023/0172(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 10
Directive 2009/21/EC
Article 9b – paragraph 4 (new)
The sharing and accessibility of the required data by Member States shall be implemented 2 years after entry into force of this Directive.
2023/10/13
Committee: TRAN
Amendment 82 #

2023/0172(COD)

Proposal for a directive
Annex I
Directive 2009/21/EC
Annex
[...]deleted
2023/10/13
Committee: TRAN
Amendment 83 #

2023/0172(COD)

Proposal for a directive
Annex I
Directive 2009/21/EC
Annex
ANNEXdeleted
2023/10/13
Committee: TRAN
Amendment 84 #

2023/0172(COD)

Proposal for a directive
Annex I
Directive 2009/21/EC
Annex
IMO INSTRUMENTS IMPLEMENTATION CODE (III CODE)deleted
2023/10/13
Committee: TRAN
Amendment 85 #

2023/0172(COD)

Proposal for a directive
Annex I
Directive 2009/21/EC
Annex
PART 1 – COMMON AREASdeleted
2023/10/13
Committee: TRAN
Amendment 86 #

2023/0172(COD)

Proposal for a directive
Annex I
Directive 2009/21/EC
Annex
PART 2 - FLAG STATESdeleted
2023/10/13
Committee: TRAN
Amendment 26 #

2023/0165(COD)

Proposal for a directive
Recital 12
(12) On this basis, the ship risk profile should be updated to reflect environmental issues by attaching more importance to the environmental performance, including the operational carbon intensity of the ships being inspected as well as to environmental related deficiencies and detentions.
2023/10/13
Committee: TRAN
Amendment 29 #

2023/0165(COD)

Proposal for a directive
Recital 13
(13) Digitalisation is an essential aspect of technological progress in the area of data collection and communication with a view to helping to bring down costs and making efficient use of human resources. The number of ships currently carrying electronic certificates is on the rise and expected to increase. Therefore the effectiveness of port State control should be enhanced by making more use of electronic certificates to allow for more ship focussed better prepared inspections. The uptake and use of these electronic certificates should be incentivised by their inclusion in the ship risk profile.
2023/10/13
Committee: TRAN
Amendment 32 #

2023/0165(COD)

Proposal for a directive
Recital 17
(17) In order to ensure uniform conditions for the implementation of the provisions of Directive 2009/16/EC concerning the list of Conventions under its scope, the voluntary port state control regime for fishing vessels above 24 meters length overall, the conditions for the application of Annex VII on expanded inspection, the uniform set of safety and security guidelines and procedures, as well as the requirements for electronic certificates, implementing powers should be conferred on the Commission. Those powers should be exercised in accordance with Regulation (EU) No 182/2011 of the European Parliament and of the Council28 . __________________ 28 Regulation (EU) No 182/2011 of the European Parliament and of the Council of 16 February 2011 laying down the rules and general principles concerning mechanisms for control by the Member States of the Commission's exercise of implementing powers (OJ L 55, 28.2.2011, p. 13).
2023/10/13
Committee: TRAN
Amendment 47 #

2023/0165(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 2 – point a
Directive 2009/16/EC
Article 3(4)
4. Fishing vessels below 24 meters overall, warships, naval auxiliaries, wooden ships of a primitive build, government ships used for non- commercial purposes and pleasure yachts not engaged in trade shall be excluded from the scope of this Directive.
2023/10/13
Committee: TRAN
Amendment 48 #

2023/0165(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 2 – point b
Directive 2009/16/EC
Article 3(4a)
4a. Member States may carry out port state control inspections of fishing vessels of above 24 metres length overall. The Commission shall adopt implementing acts establishing the modalities of such a specific port state control regime for fishing vessels above 24 meters length overall. Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 31(2).deleted
2023/10/13
Committee: TRAN
Amendment 58 #

2023/0165(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 8
(8) Article 9 is deleted;Notification of arrival of ships 1. The operator, agent or master of a ship which, in accordance with article 14, is eligible for an expanded inspection and bound for a port or anchorage of a Member State, shall notify its arrival in accordance with the provisions laid down in Annex III. 2. On receipt of the notificiation referred to in paragraph 1 of this Article and in Article 4 of Directive 2002/59/EC of the European Parliament and of the Council of 27 June 2002 establishing a Community vessel traffic monitoring and information system, the port authority or body or the competent authority or body designated for that purpose shall forward such information to the competent authority. 3. Electronic means shall be used whenever possible for any communication provided for in this Article. 4. The procedures and formats developed by Member States for the purposes of Annex III to this directive shall comply with the relevant provisions laid down in Directive 2002/59/EC regarding ships' notifications
2023/10/13
Committee: TRAN
Amendment 78 #

2023/0165(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 15 – point a
Directive 2009/16/EC
Article 24 (2)
2. Member States shall take the appropriate measures to ensure that the information on the actual time of arrival and the actual time of departure of any ship calling at their ports and anchorages, together with an identifier of the port concerned, is transferred within three hours of the departurearrival and the departure respectively to the inspection database through the Union maritime information exchange system ‘SafeSeaNet’ referred to in Article 3 point (s) of Directive 2002/59/EC. Once they have transferred such information to the inspection database through SafeSeaNet, Member States are exempted from the provision of data in accordance with points 1.2 and 2(a) and (b) of Annex XIV to this Directive.
2023/10/13
Committee: TRAN
Amendment 79 #

2023/0165(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 16
Directive 2009/16/EC
Article 24a (3)
3. Ships flying the flag of a State that issue such electronic certificates shall have this reflected in the ship risk profile (SRP) as set out in Annexes I and II.deleted
2023/10/13
Committee: TRAN
Amendment 98 #

2023/0165(COD)

Proposal for a directive
Annex I
Directive 2009/16 EC
Annex 1 – point g – point i
(i) The Carbon Intensity Indicator of the ship, ships which are category D-E shall be considered as posing a higher risk.deleted
2023/10/13
Committee: TRAN
Amendment 115 #

2023/0165(COD)

Proposal for a directive
Annex II
Directive 2009/16/EC
Annex 2– table
DESIGN OF SHIP RISK PROFILE (referred to in Article 10(2)) Profile Standard Risk Low Risk Ship High Risk Ship (HRS) Ship (SRS) (LRS) Weighting Generic parameters Criteri Criteria Criteria points a a 1 Type of ship Chemical 1 All types tankship Gas carrier Oil tankship Bulk carrier Passenger ship 2 Age of ship all types > 12 y 1 All ages 3a Low performance 2 2 High performance Flag Flag 3b All IMO instruments listed in - - Yes neither a high risk nor a low risk ship Article 2 ratified 3c E-Certificate Statutory certificates are transmitted digitally to the information system 4a H - - High Performance organisation M M - - - - Recognised L L Low 1 - - VL Very Low - neither a high risk nor a low risk ship 4b EU recognised - - Yes 5 H - - High Performance Company M M - - - - L Low 2 - VL Very low - - Historical parameters 6 6 Number of deficiencies >6 in one of the - - ≤ 5 in every recorded in each inspection inspections inspections individual within previous 36 months inspection inspection (and at least Deficiencies one one inspection inspection carried out in previous previous 36 months) 7 7 Number of detentions ≥ 2 detentions 1 1 No detention within previous 36 months Detentions Environmental parameters 8 Carbon Intensity Indicator D-E 1 (CII) RatingDetentions Deleted 9 Number of deficiencies >3 in one of the 1 1 Deficiencies related to MARPOL, AFS, inspections BWM, CLC 92, Bunkers and Nairobi Conventions recorded in each inspection within previous 36 months
2023/10/13
Committee: TRAN
Amendment 156 #

2023/0138(COD)

Proposal for a regulation
Recital 4
(4) The involvement of social partners, civil society organisationnational parliaments and, where relevant, regional parliaments and regional authorities and other relevant stakeholders in the European Semester is key to ensure ownership and transparent and inclusive policy-making.
2023/10/26
Committee: ECON
Amendment 165 #

2023/0138(COD)

Proposal for a regulation
Recital 5
(5) The economic governance framework of the Union should be adapted to better take into account the growing heterogeneity of fiscal positions, public debt challenges and other vulnerabilities across Member States. The strong policy response to the COVID-19 pandemic proved highly effective in mitigating the economic and social damage of the crisis, but the crisis resulted in a significant increase in public- and private-sector debt ratios, underscoring the importance of reducing debt ratios to prudent levels in a gradual, sustained and growth-friendly manner and addressing macroeconomic imbalances, while paying due attention to employment and social objectives. At the same time, the economic governance framework of the Union should be adapted to help address the medium- and long-term challenges facing the Union including achieving a fair digital and green transition, including the Climate Law22 , ensuring energy security, open strategic autonomy, addressing demographic change, strengthening social and economic resilience and implementing the strategic compass for security and defence, all of which requires reforms and sustained high levels of investment in the years to come. _________________ 22 The European Climate Law sets a Union-wide climate neutrality objective by 2050 and requires Union institutions and Member States to progress in enhancing adaptive capacity, requiring significant public investment to reduce the negative socio-economic impacts of climate change on the EU and its Member States, including negative impacts on growth and fiscal sustainability.
2023/10/26
Committee: ECON
Amendment 175 #

2023/0138(COD)

Proposal for a regulation
Recital 6
(6) The economic governance framework of the Union should put debt sustainability, debt reduction and sustainable and inclusive growth at its core and therefore differentiate between Member States by taking into account their public debt challenges and allowing country-specific fiscal trajectories, while safeguarding equal treatment.
2023/10/26
Committee: ECON
Amendment 193 #

2023/0138(COD)

Proposal for a regulation
Recital 9
(9) National medium-term fiscal- structural plans should bring together the fiscal, structural reforms and investment commitments of each Member State, following close and structured cooperation with regional authorities and other relevant stakeholders, and these plans should be the cornerstone of the economic governance framework of the Union. Each Member State should present a medium-term plan that sets out its fiscal trajectory as well as priority public investment and reform commitments that together ensure sustained and gradual debt reduction and sustainable and inclusive growth, avoiding a pro-cyclical fiscal policy, as well as broader reform and investment commitments, including in relation to the green and digital transitions, social and economic resilience and the implementation of the European Pillar of Social Rights. During the lifetime of the Recovery and Resilience Facility25 , commitments undertaken in the national Recovery and Resilience Plans should be duly taken into account. _________________ 25 Regulation (EU) 2021/241 of the European Parliament and of the Council of 12 February 2021 establishing the Recovery and Resilience Facility (OJ L 57, 18.2.2021, p. 17).
2023/10/26
Committee: ECON
Amendment 229 #

2023/0138(COD)

Proposal for a regulation
Recital 14
(14) The technical trajectory put forward by the Commission should also ensure that the government deficit is brought and maintained well below the 3% of gross domestic product (GDP) reference value.
2023/10/26
Committee: ECON
Amendment 241 #

2023/0138(COD)

Proposal for a regulation
Recital 16
(16) Each national medium-term fiscal- structural plan should mention its status in the context of national procedures, notably whether the plan was presented to the national parliament and, where relevant, to regional parliaments, depending on the division of competences in the Member State concerned, and whether there has been parliamentary approval of the plan. The national medium-term fiscal-structural plan should also indicate whether the national parliaments had the opportunity to discuss the Council recommendation on the previous plan and, if relevant, any other Council recommendation or decision, or any Commission warning.
2023/10/26
Committee: ECON
Amendment 288 #

2023/0138(COD)

Proposal for a regulation
Recital 31
(31) There should also be a country- specific escape clause to allow a deviation from the net expenditure path provided that it does not endanger fiscal sustainability in the medium term in the case of exceptional circumstances, such as unpredictable exogenous events that could not have been prevented and that require counter-cyclical fiscal measures, outside the control of the Member State which have a major impact on the public finances of the Member State. Such major impact should result in an overall size of the shock that exceeds a ‘normal’ range: for example costs of natural disasters. The assessment of whether fiscal sustainability is not endangered for the application of both the general and country-specific escape clauses, should be factorbased ion in budgetary planning within a certain rangea quantitative analysis by the Commission. . The triggering and extension of general and country-specific escape clauses are subject to a Council recommendation.
2023/10/26
Committee: ECON
Amendment 303 #

2023/0138(COD)

Proposal for a regulation
Article 1 – paragraph 1
This Regulation sets out rules ensuring effective coordination of economic, budgetary and structural policies of the Member States, thereby supporting the achievement of the Union’s objectives for growth and employment.
2023/10/26
Committee: ECON
Amendment 328 #

2023/0138(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 2
(2) ‘net expenditure’ means all government expenditure net of interest expenditure, discretionary revenue measures and otcyclical unemployment expenditure and expenditure on EU programmes fully matcherd budgetary variables outside the control ofy EU funds revenue. Any potential exclusion from the net expenditure definition of certain expenditure on co-financing of programmes funded by the Union and of costs related to the borrowing of funds for the loans related to the national plans in accordance with the gRecovernment as set out in Annex II, point (a)y and Resilience Facility shall not apply to calculations regarding the benchmark referred to under Article 3 of Regulation (EC) No 1467/97 as amended by Regulation (EU) [on the corrective arm];
2023/10/26
Committee: ECON
Amendment 375 #

2023/0138(COD)

Proposal for a regulation
Article 3 – paragraph 1
In order to ensure closer coordination of economic, budgetary and structural policies and sustained convergence of the economic and social performance of the Member States, the Council and the Commission shall conduct multilateral surveillance within the European Semester in accordance with the objectives and requirements set out in the TFEU. Multilateral surveillance shall rely on high quality and independent statistics, produced in accordance with the principles laid down in Regulation (EC) No 223/2009 of the European Parliament and of the Council.
2023/10/26
Committee: ECON
Amendment 383 #

2023/0138(COD)

Proposal for a regulation
Article 3 – paragraph 2 – point b
(b) the formulation, and the surveillance of the implementation, of the employment guidelines that are to be taken into account by Member States in accordance with Article 148(2) TFEU, including the European Pillar of Social Rights, and of the related country-specific recommendations;
2023/10/26
Committee: ECON
Amendment 426 #

2023/0138(COD)

Proposal for a regulation
Article 5 – paragraph 1
For each Member State having a public debt above the 60% of GDP reference value or a government deficit above the 3% of GDP reference value, the Commission shall put forward, in a report to the Economic and Financial Committee, a technical trajectory for net expenditure covering a minimum adjustment period of 4 years of the national medium-term fiscal- structural plan, and its possible extension by a maximum of 3 years pursuant to Article 13. The technical trajectory shall be set in levels of net expenditure. The Commission shall make the report public.
2023/10/26
Committee: ECON
Amendment 438 #

2023/0138(COD)

Proposal for a regulation
Article 6 – paragraph 1 – point a
(a) the public debt ratio is put or remains on a plausibly downward path, or stays at pruby the end of the adjustment period, the public debt ratio is put on an effective downward path, or in the Member States with denbt levels below 60% of GDP, it stays below that level;
2023/10/26
Committee: ECON
Amendment 448 #

2023/0138(COD)

Proposal for a regulation
Article 6 – paragraph 1 – point b
(b) the government deficit is maintained or brought and maintained well below the 3% of GDP reference value;
2023/10/26
Committee: ECON
Amendment 454 #

2023/0138(COD)

Proposal for a regulation
Article 6 – paragraph 1 – point b a (new)
(b a) for the years that the Member State concerned is expected to have a deficit above the 3% of GDP reference value, and the excess is not close and temporary, the technical trajectory is also consistent with the benchmark referred to under Article 3 of Regulation (EC) No 1467/97 as amended by Regulation (EU) [on the corrective arm];
2023/10/26
Committee: ECON
Amendment 465 #

2023/0138(COD)

Proposal for a regulation
Article 6 – paragraph 1 – point c
(c) the adjustment effort is not postponed towards the final years of the adjustment period, that is to say the fiscal adjustment effort over the period of the national medium-term fiscal- structural plan is at least proportional to the total effort over the entire adjustment period;
2023/10/26
Committee: ECON
Amendment 480 #

2023/0138(COD)

Proposal for a regulation
Article 6 – paragraph 1 – point d
(d) the public debt ratio at the end of the planning horizon is considerably below the public debt ratio in the year before the start of the technical trajectory; and
2023/10/26
Committee: ECON
Amendment 486 #

2023/0138(COD)

Proposal for a regulation
Article 6 – paragraph 1 – point d a (new)
(d a) the public debt ratio is reduced by at least 1% of GDP per year on average over the adjustment period;
2023/10/26
Committee: ECON
Amendment 487 #

2023/0138(COD)

Proposal for a regulation
Article 6 – paragraph 1 – point d b (new)
(d b) the projected debt reduction ten years after the adjustment period is at least [X]% of the excess of the public debt ratio over the 60% reference value, compared to the year before the start of the technical trajectory;
2023/10/26
Committee: ECON
Amendment 582 #

2023/0138(COD)

Proposal for a regulation
Article 9 – paragraph 1 – subparagraph 1 (new)
Before drawing up its national medium- term fiscal-structural plan, each Member State shall set up a structured cooperation mechanism with regional authorities and other relevant stakeholders so that they are fully involved in developing the plan, in accordance with the national legal framework. The plan shall mention whether this cooperation took place.
2023/10/26
Committee: ECON
Amendment 622 #

2023/0138(COD)

Proposal for a regulation
Article 11 – paragraph 2
2. Where the national-medium-term fiscal-structural plan includes a temporarily higher net expenditure trajectory than in the technical trajectory issued by the Commission pursuant to Article 5, the Member State shall provide in its plan sound and verifiable economic arguments explaining the differenceprojections and assessments of the economic and fiscal situation, based on and backed by data, explaining the difference and a credible time path to return to the technical trajectory issued by the Commission.
2023/10/26
Committee: ECON
Amendment 650 #

2023/0138(COD)

Proposal for a regulation
Article 12 – paragraph 1 – point b
(b) explain how it will ensure the delivery of investment and reforms responding to the main challenges identified within the European Semester, in the country-specific recommendations, correct the identified macroeconomic imbalances under the Macroeconomic Imbalances Procedure if applicable, and address the common priorities of the Union referred to in Annex VI of this Regulation, including the European Green Deal, European Pillar of Social Rights and the Digital Decade while being consistent with the updated National Energy and Climate Plans and the National Digital Decade Roadmapsincluding those that are relevant for the Macroeconomic Imbalances Procedure, and the warnings by the Commission, where applicable, or the recommendations by the Council, where applicable, made pursuant to Article 121 (4) TFEU;
2023/10/26
Committee: ECON
Amendment 716 #

2023/0138(COD)

Proposal for a regulation
Article 13 – paragraph 2 – subparagraph 2 – point ii
(ii) supportimprove fiscal sustainability;
2023/10/26
Committee: ECON
Amendment 719 #

2023/0138(COD)

Proposal for a regulation
Article 13 – paragraph 2 – subparagraph 2 – point iii
(iii) address the common priorities of the Union referred to in Annex VI;deleted
2023/10/26
Committee: ECON
Amendment 768 #

2023/0138(COD)

Proposal for a regulation
Article 14 – paragraph 1
1. A Member State may request to submit a revised national medium-term fiscal-structural plan to the Commission before the end of its adjustment period if there are objective circumstances outside the control of the Member State preventing the implementation of the original national medium-term fiscal- structural plan or if the submission of a newrevised national medium-term fiscal- structural plan is requested by a new government. The ambition of the reform and investments in the revised plan shall not be lower than the original plan. Reforms and investments that were implemented satisfactorily according to the plan as originally endorsed by the Council should not be reversed by the Member State.
2023/10/26
Committee: ECON
Amendment 807 #

2023/0138(COD)

Proposal for a regulation
Article 15 – paragraph 2 – point a
(a) whether the national medium-term fiscal-structural plan ensures that public debt is put or kept on a plausibly downward path by the end of the adjustment period at the latest, or in the Member States with debt levels below 60%, it stays at prudent levels;
2023/10/26
Committee: ECON
Amendment 839 #

2023/0138(COD)

Proposal for a regulation
Article 15 – paragraph 2 – point e
(e) whether for the years that the Member State concerned is expected to have a deficit above the 3% of GDP reference value, and the excess is not close and temporary, the fiscal adjustment is consistent with the benchmark adjustment of at least 0.5% of GDP in the structural primary balance referred to under Article 3 of Council Regulation (EC) No 1467/97 on speeding up and clarifying the implementation of the excessive deficit procedure as amended by Regulation [X]; and
2023/10/26
Committee: ECON
Amendment 857 #

2023/0138(COD)

Proposal for a regulation
Article 15 – paragraph 2 – point f
(f) whether the public debt ratio at the end of the planning horizon is significantly below the public debt ratio in the year before the start of the technical trajectory.
2023/10/26
Committee: ECON
Amendment 864 #

2023/0138(COD)

Proposal for a regulation
Article 15 – paragraph 2 – point f a (new)
(f a) whether the public debt ratio is reduced by at least 1% of GDP per year on average over the adjustment period.
2023/10/26
Committee: ECON
Amendment 867 #

2023/0138(COD)

Proposal for a regulation
Article 15 – paragraph 2 – point f b (new)
(f b) whether the projected debt reduction ten years after the adjustment period is at least x% of the excess of public debt ratio over the 60% reference value, compared to the year before the start of the technical trajectory;
2023/10/26
Committee: ECON
Amendment 965 #

2023/0138(COD)

Proposal for a regulation
Article 23 – paragraph 1
1. In the event of a significant and/or sustained risk of deviation from the net expenditure path as monitored by the control account or a risk that the government deficit may exceed the 3% of GDP reference value, the Commission may address a warning to the Member State concerned in accordance with Article 121(4) TFEU.
2023/10/26
Committee: ECON
Amendment 980 #

2023/0138(COD)

Proposal for a regulation
Article 24 – paragraph 1
On a recommendation from the Commission, the Council may adopt a recommendation allowing Member States to deviate from their net expenditure path, in the event of a severe economic downturn in the euro area or the Union as a whole, provided it does not endanger fiscal sustainability in the medium term. The Council shall specify a time-limit for such deviation.as well as a maximum to the size of the deviation per Member State which would not lead to a breach of medium-term fiscal sustainability;
2023/10/26
Committee: ECON
Amendment 997 #

2023/0138(COD)

Proposal for a regulation
Article 25 – paragraph 1
On a recommendation from the Commission, the Council may adopt a recommendation allowing a Member State to deviate from its net expenditure path where exceptional circumstances outside the control of the Member State lead to a major impact on the public finances of the Member State concerned, provided it does not endanger fiscal sustainability in the medium term. The Council shall specify a time-limit for such a deviationas well as a maximum to the size of the deviation per Member States which would not lead to a breach of medium-term fiscal sustainability.
2023/10/26
Committee: ECON
Amendment 1033 #

2023/0138(COD)

Proposal for a regulation
Article 30 – paragraph 2
2. In that case, the Member State for which an excessive imbalance procedure is opened in accordance with Article 7(2) of Regulation (EU) No 1176/2011, it shall submit a revised plan in accordance with Article 14 of this Regulation. The revised plan shall follow the Council recommendation adopted in accordance with Article 7(2) of Regulation (EU) No 1176/2011. The submission of the revised plan shall be subject to the endorsement by the Council in accordance with Articles 16 to 19 of this Regulation. The revised plan shall be assessed in accordance with Article 15 of this Regulation. When the Commission decides against opening an excessive imbalance procedure under Article 7 (2) of Regulation (EU) No 1176/2011 in cases where it considers that the Member State concerned is affected by excessive imbalances on the basis of the in-depth review referred to in Article 5 of that Regulation, it shall clearly, duly and publicly explain its position and reasoning based on codified criteria.
2023/10/26
Committee: ECON
Amendment 1167 #

2023/0138(COD)

Proposal for a regulation
Annex VI
Common priorities of the Union The common priorities of the Union referred to in Article 12, point (b) are: (a) The European Green Deal34 , including the transition to climate neutrality by 205035 and the translation at national level through the National Energy and Climate Plans; (b) The European Pillar of Social Rights36 including the related targets on employment, skills and poverty reduction by 2030; (c) The Digital Decade Policy Programme 203037 , and reflected at national level through the National Digital Decade Strategic Roadmaps; (d) A Strategic Compass for Security and Defence - For a European Union that protects its citizens, values and interests and contributes to international peace and security.38 _________________ 34 Communication COM(2019) 640 final of 11 December 2019 from the Commission ‘The European Green Deal’ and Decision (EU) 2022/591 of the European Parliament and of the Council of 6 April 2022 on a General Union Environment Action Programme to 2030 (OJ L 114, 12.4.2022, p.22). 35 Regulation (EU) 2021/1119 of the European Parliament and of the Council of 30 June 2021 establishing the framework for achieving climate neutrality and amending Regulations (EC) No 401/2009 and (EU) 2018/1999 (‘European Climate Law’). 36 (2017/C 428/09) Interinstitutional Proclamation on the European Pillar of Social Rights (OJ C 428, 13.12.2017, p. 10). 37 Decision (EU) 2022/2481 of the European Parliament and of the Council of 14 December 2022 establishing the Digital Decade Policy Programme 2030 (OJ L 323, 19.12.2022, p. 4). 38 Council of the European Union, COPS 130.deleted
2023/10/26
Committee: ECON
Amendment 10 #

2023/0137(CNS)

Proposal for a regulation
Recital 5
(5) The economic governance framework of the Union should be adapted to better take into account the growing heterogeneity of fiscal positions, sustainability risks and other vulnerabilities across Member States. The strong policy response to the COVID-19 pandemic proved effective in mitigating the economic and social damage of the crisis in the short term, but resulted in a significant increase in public- and private- sector debt ratios, underscoring the importance of reducing debt ratios to prudent levels in a gradual, sustained and growth-friendly manner and addressing macroeconomic imbalances, while paying due attention to employment and social objectives. At the same time, the economic governance framework of the Union should be adapted to help address the medium- and long-term challenges facing the Union, including achieving a fair digital and green transition, including the Climate Law22 , ensuring energy security, open strategic autonomy, addressing demographic change, strengthening social and economic resilience, and implementing the strategic compass for security and defence, all of which requires reforms and sustained high levels of investment in the years to come. __________________ 22 The European Climate Law sets a Union-wide climate neutrality objective by 2050 and requires Union institutions and Member States to progress in enhancing adaptive capacity, requiring significant public investment to reduce the negative socio-economic impacts of climate change on the EU and its Member States, including negative impacts on growth and fiscal sustainability.
2023/10/25
Committee: ECON
Amendment 19 #

2023/0137(CNS)

Proposal for a regulation
Recital 7
(7) At the same time, to ensure a transparent and common Union framework based on the reference values referred to in Article 126(2) TFEU and Protocol No 12 on the excessive deficit procedure annexed to the TFEU and the Treaty on the European Union (TUE), stronger and real enforcement underpinning multilateral surveillance should be the necessary counterpart of a risk-based surveillance framework that allows for country-specific fiscal trajectories.
2023/10/25
Committee: ECON
Amendment 71 #

2023/0137(CNS)

Proposal for a regulation
Article 1 – paragraph 1 – point 1
(b) ‘net expenditure’ means all government expenditure net of interest expenditure, discretionary revenue measures and other budgetary variables outside the control of the government, as defined in Annex II, point (a) of Regulation (EU) of the European Parliament and of the Council [on the preventive arm]*, cyclical unemployment expenditure and expenditure on programmes of the Union fully matched by Union funds revenue;
2023/10/25
Committee: ECON
Amendment 92 #

2023/0137(CNS)

Proposal for a regulation
Article 1 – paragraph 1 – point 1
Regulation (EC) 1467/97
Article 2 – paragraph 1a
1a. When it exceeds the reference value, the ratio of the government debt to gross domestic product (GDP) shall be considered sufficiently diminishing and approaching the reference value at a satisfactory pace in accordance with Article 126(2), point (b), TFEU if the Member State concerned respects its net expenditure path and the control account does not exceed the threshold set in Article 21 of the Regulation (EU) [on the preventive arm].
2023/10/25
Committee: ECON
Amendment 113 #

2023/0137(CNS)

Proposal for a regulation
Article 1 – paragraph 1 – point 1
Regulation (EC) No 1467/97
Article 2 – paragraph 3 – subparagraph 1
The Commission, when preparing a report under Article 126(3) TFEU, shall take into account as athe key relevant factor the degree of debt challenges in the Member State concerned. In particular, where the Member State faces substantial public debt challenges according to the most recent Debt Sustainability Monitor, it shall be considered a key factor leading to the opening of an excessive deficit procedure as a rule.
2023/10/25
Committee: ECON
Amendment 126 #

2023/0137(CNS)

Proposal for a regulation
Article 1 – paragraph 1 – point 1
Regulation (EC) 1467/97
Article 2 – paragraph 3 – subparagraph 3 – point b
(b) the developments in the medium- term budgetary positions, including, in particular, the size of the actual deviation from the net expenditure path, in annual and cumulative terms as measured by the control account, and the extent to which the deviation is due to a severe economic downturn in the euro area or in the Union as a whole or to exceptional circumstances outside the control of the government with a major impact on the public finances of the Member State concerned in accordance with Articles 24 and 25 of Regulation (EU) [on the preventive arm], in particular if the balance of control account exceeds 2% of GPD in accordance with Article 21 of the Regulation (EU) [on the preventive arm]. Where relevant, the deviation compared to the technical trajectory shall also be taken into account when considering the size of the deviation; To safeguard the counter cyclical properties of the expenditure path, higher than anticipated economic growth, lower than expected interest expenditure, any expenditure and revenue windfalls or favourable stock-flow adjustments in the government debt ratio, relative to the forecasts underlying the net expenditure path, shall not be taken into account as relevant factors when assessing the existence of an excessive deficit based on deviations from the net expenditure path in accordance with paragraph 1a;
2023/10/25
Committee: ECON
Amendment 141 #

2023/0137(CNS)

Proposal for a regulation
Article 1 – paragraph 1 – point 1
Regulation (EC) 1467/97
Article 2 – paragraph 3 – subparagraph 3 – point d
(d) the implementation of reforms and investments including, in particular policies to prevent and correct excessive macroeconomic imbalances and policies to implement the common growth and employment strategy of the Union including those supported by NextGenerationEU, and the overall quality of public finances, in particular the effectiveness of national budgetary frameworks. Non- implementation of reforms and investments will also be taken into account.
2023/10/25
Committee: ECON
Amendment 149 #

2023/0137(CNS)

Proposal for a regulation
Article 1 – paragraph 1 – point 1
Regulation (EC) 1467/97
Article 2 – paragraph 3 – subparagraph 4
The Commission shall give due and express consideration to any other factors which, in the opinion of the Member State concerned, are relevant in order to comprehensively assess compliance with deficit and debt criteria and which the Member State has put forward to the Council and the Commission. In that context, particular consideration shall be given to financial contributions to fostering international solidarity and achieving the policy goals of the Union. The opinion submitted to the Commission by the Member State concerned shall include the opinion of its national independent fiscal institution on relevant factors.
2023/10/25
Committee: ECON
Amendment 158 #

2023/0137(CNS)

Proposal for a regulation
Article 1 – paragraph 1 – point 1
Regulation (EC) 1467/97
Article 2 – paragraph 4 – subparagraph 1
The Council and the Commission shall make a balanced overall assessment of all the relevant factors, specifically, the extent to which they affect the assessment of compliance with the deficit and/or the debt criteria as aggravating or mitigating factors. The assessment will clearly specify which factors are deemed aggravating or mitigating and where relevant clearly specify the differences in the weight attributed to each relevant factor.
2023/10/25
Committee: ECON
Amendment 189 #

2023/0137(CNS)

Proposal for a regulation
Article 1 – paragraph 1 – point 2
Regulation (EC) 1467/97
Article 3 – subparagraph 4 – subparagraph 1
The Council recommendation made in accordance with Article 126(7) TFEU shall establish a maximum deadline of six months for effective action to be taken by the Member State concerned. When warranted by the seriousness of the situation, the deadline for effective action may be three months. The Council recommendation shall also establish a deadline for the correction of the excessive deficit. In its recommendation, the Council shall also request that the Member State implements a corrective net expenditure path, which ensures that the general government deficit remains or is brought and maintained below the reference value and ensures that the value of the control account is brought to zero within the deadline set in the recommendation. For the years when the general government deficit is expected to exceed the reference value, the corrective net expenditure path shall be consistent with a minimum annual adjustment of at least 0,5% of GDP in the structural primary balance as a benchmark.
2023/10/25
Committee: ECON
Amendment 204 #

2023/0137(CNS)

Proposal for a regulation
Article 1 – paragraph 1 – point 2
Regulation (EC) 1467/97
Article 3 – paragraph 6
6. Where effective action has been taken in compliance with a recommendation under Article 126(7) TFEU or whereand where Council has established the existence of a severe economic downturn in the euro area or in the Union as a whole in accordance with Article 24 of Regulation (EU) [on the preventive arm] or exceptional circumstances outside the control of the government with a major impact on the public finances of the Member State concerned in accordance with Article 25 of Regulation (EU) [on the preventive arm], including on the respect of the corrective net expenditure path recommended by the Council pursuant to paragraph 4 of this Article, occur after the adoption of that recommendation, the Council may decide, on a recommendation from the Commission, to adopt a revised recommendation under Article 126(7) TFEU. The revised recommendation, taking into account the relevant factors referred to in Article 2(3) of this Regulation may, in particular, extend the deadline for the correction of the excessive deficit by one year as a rule. In case the Council has established the existence of a severe economic downturn in the euro area or in the Union as a whole in accordance with Article 24 of Regulation (EU) [on the preventive arm], the Council may also decide, on a recommendation from the Commission, to adopt a revised recommendation under Article 126(7) TFEU provided that this does not endanger fiscal sustainability in the medium term. The revised recommendation may, in particular, extend the deadline for the correction of the excessive deficit by one year as a rule.;
2023/10/25
Committee: ECON
Amendment 219 #

2023/0137(CNS)

Proposal for a regulation
Article 1 – paragraph 1 – point 4 – point a
Regulation (EC) 1467/97
Article 5 – paragraph 1 – subparagraph 1
Any Council decision to give notice to the participating Member State concerned to take measures for the deficit reduction in accordance with Article 126(9) TFEU shall be taken within two months of the Council decision under Article 126(8) TFEU establishing that no effective action has been taken. In the notice, the Council shall request that the Member State implements a corrective net expenditure path which ensures that the general government deficit remains or is brought and maintained below the reference value and ensures that the value of the control account is brought to zero within the deadline set in the notice. For the years where the general government deficit is expected to exceed the reference value, the corrective net expenditure path shall be consistent with a minimum annual adjustment of at least 0,5% of GDP in the structural primary balance as a benchmark.
2023/10/25
Committee: ECON
Amendment 228 #

2023/0137(CNS)

Proposal for a regulation
Article 1 – paragraph 1 – point 4 – point b
Regulation (EC) 1467/97
Article 5 – paragraph 2
2. Where effective action has been taken in compliance with a notice under Article 126(9) TFEU or whereand where Council has established the existence of a severe economic downturn in the euro area or in the Union as a whole in accordance with Article 24 of Regulation (EU) [on the preventive arm] exceptional circumstances outside the control of the government with a major impact on the public finances of the Member State concerned in accordance with Article 25 of Regulation (EU) [on the preventive arm], or unexpected adverse economic events with major unfavourable consequences for government finances, including on the respect of the corrective net expenditure path referred to in paragraph 1 of this Article, occur after the adoption of that notice, the Council may decide, on a recommendation from the Commission, to adopt a revised notice under Article 126(9) TFEU. The revised notice, taking into account the relevant factors referred to in Article 2(3) of this Regulation may, in particular, extend the deadline for the correction of the excessive deficit by one year as a rule. In case the Council has established the existence of a severe economic downturn in the euro area or in the Union as a whole in accordance with Article 24 of Regulation (EU) [on the preventive arm], the Council may also decide, on a recommendation from the Commission, to adopt a revised notice under Article 126(9) TFEU, on condition that it does not endanger fiscal sustainability in the medium term. The revised notice may, in particular, extend the deadline for the correction of the excessive deficit by one year as a rule.;
2023/10/25
Committee: ECON
Amendment 263 #

2023/0137(CNS)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EC) 1467/97
Article 12 – paragraph 1
1. The amount of the fine shall as a general rule amount to up to 0,05% of GDP for a 6- month period and be paid every 6 months until the Council assesses that the Member State concerned has taken effective action in response to the notice issued under Article 126(9) TFEU. the amount of each individual 6-month fine could exceed the general rule in case the lack of effective action causes financial stability risks for the Member State or the Member States through spill-over effects. Individual 6-month fines cannot exceed 0.2% of GDP.
2023/10/25
Committee: ECON
Amendment 268 #

2023/0137(CNS)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EC) 1467/97
Article 12 – paragraph 3
3. The cumulated amount of the fines referred to in paragraphs 1 and 2 shall not exceed 0,5 % of GDP.;deleted
2023/10/25
Committee: ECON
Amendment 30 #

2023/0136(NLE)

Proposal for a directive
Recital 19
(19) Green budgeting tools can help redirect public revenue and expenditure to green priorities. In that respect, reliable and regular reporting of comprehensive, useful, and accessible information improves budget deliberations. This means reporting data on how revenues reflect the need to ensure that the “polluter-pays” principle is reflected, and in turn on how expenditure reflects both favourably and unfavourably green priorities. Member States should publish the information on how the relevant elements of their budgets contribute to achieving climate and environmental national and international commitments and the methodology used. Member States should publish data and descriptive information separately for expenditure, tax expenditure and revenue items. Member States are invited to publish information on the distributional impact of budgetary policies and take into account employment, social and distributional aspects in the development of green budgeting29 . __________________ 29 Communication COM(2022)494 final of 28 September 2022 from the Commission ‘Better assessing the distributional impact of Member States’ policies’ and Article 6(3), point (d), of Regulation (EU) No 473/2013 of the European Parliament and of the Council of 21 May 2013 on common provisions for monitoring and assessing draft budgetary plans and ensuring the correction of excessive deficit of the Member States in the euro area (OJ L 140, 27.5.2013, p. 11).deleted
2023/10/24
Committee: ECON
Amendment 31 #

2023/0136(NLE)

Proposal for a directive
Recital 21
(21) Natural disasters and extreme weather events have affected most Member States and climate change is expected tomay amplify the frequency and intensity of such events. Governments invest in climate adaptation measures and step in to cover disaster costs for emergency relief, recovery and reconstruction and to act as insurer of last resort in some cases. Considering the existing and future challenges for the sustainability of public finances, particular attention should be paid to government obligations and risks to government finances stemming from natural disasters and climate-related events, starting with collecting and publishing information on the economic losses and fiscal cost of past events as well as information on the budgetary arrangements and financial instruments used for that matter.
2023/10/24
Committee: ECON
Amendment 85 #

2023/0136(NLE)

Proposal for a directive Sole Article – Paragraph 1 – point 8 Directive 2011/85/EU
Article 8 – paragraph 4 – point g a (new)
(g a) assessing non-quantifiable targets during the preparation stage of the national medium-term fiscal-structural plan, particularly its consistency with the Commission's technical trajectory and plausibility of the reform and investment commitments.
2023/10/24
Committee: ECON
Amendment 95 #

2023/0136(NLE)

Proposal for a directive Sole Article – Paragraph 1 – point 9 – point b – point iii Directive 2011/85/EU
Article 9 – paragraph 2 – point d
(d) an assessment as to how in the light of their direct medium-term and long-term impact on general government finances, the policies envisaged are likely to affect the medium-term and long-term sustainability of the public finances and sustainable and inclusive growth. The assessment shall specify, to the extent possible and based on an established scientific methodology, the macrofiscal risks from climate change and their environmental and distributional impacts, and the implications on public finance of climate-related mitigation and adaptation policies over the medium-term and long- term.;
2023/10/24
Committee: ECON
Amendment 100 #

2023/0136(NLE)

Proposal for a directive Sole Article – Paragraph 1 – point 10 Directive 2011/EU/85
Article 11
This Directive shall, in no way, not prevent a Member State’s new government from updating its medium-term budgetary planframework to reflect its new policy priorities. In such case, the new government shall indicate the differences between the previous and the new medium-term budgetary plan.framework. Reforms and investments that were implemented satisfactory according to the plan as originally endorsed by the Council should, however, not be reversed by the Member State concerned;
2023/10/24
Committee: ECON
Amendment 20 #

2023/0113(COD)

Proposal for a directive
Recital 1
(1) Directive (EU) 2019/879 of the European Parliament and of the Council16 and Regulation (EU) 2019/877 of the European Parliament and of the Council17 amended the minimum requirement for own funds and eligible liabilities (‘MREL’) set out in Directive 2014/59/EU of the European Parliament and of the Council18 and in Regulation (EU) No 806/2014 of the European Parliament and of the Council19 , which applies to credit institutions and investment firms (institutions) established in the Union as well as to any other entity that falls under the scope of Directive 2014/59/EU or Regulation (EU) No 806/2014 (entities). Those amendments provided that internal MREL, that is, MREL applicable to institutions and entities that are subsidiaries of resolution entities but are not themselves resolution entities, may be met by those institutions and entities using instruments issued to and bought by the resolution entity either directly or indirectly through other entities in the same resolution group. __________________ 16 Directive (EU) 2019/879 of the European Parliament and of the Council of 20 May 2019 amending Directive 2014/59/EU as regards the loss-absorbing and recapitalisation capacity of credit institutions and investment firms and Directive 98/26/EC (OJ L 150, 7.6.2019, p. 296). 17 Regulation (EU) 2019/877 of the European Parliament and of the Council of 20 May 2019 amending Regulation (EU) No 806/2014 as regards the loss-absorbing and recapitalisation capacity of credit institutions and investment firms (OJ L 150, 7.6.2019, p. 226). 18 Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (OJ L 173, 12.6.2014, p. 190). 19 Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010 (OJ L 225, 30.7.2014, p. 1).
2023/10/03
Committee: ECON
Amendment 21 #

2023/0113(COD)

Proposal for a directive
Recital 3
(3) The review of the Commission found that it would be appropriate and proportionate to the objectives pursued by the internal MREL rules to allow resolution authorities to set the internal MREL on a consolidated basis for a range of entities that is wider than the range resulting from the application of Directive 2014/59/EU and Regulation (EU) No 806/2014, where such wider range covers institutions and entities that are not resolution entities themselves, but that are subsidiaries of resolution entities and control themselves other subsidiaries subject to MREL (‘intermediate entities’) within the same resolution group. That would be in particular the case for those banking groups that are headed by a holding company. In such cases, the intermediate entities naturally centralise intragroup exposures and channel the internal MREL eligible resources pre- positioned by the resolution entity. Due to that structure, such intermediate entities wcould be disproportionately affected by the deduction rules. The Commission also concluded that the MREL framework would be more proportionate by the removal of the issuances of liquidation entities from the scope of the exposures that an intermediate entity is required to deduct pursuant to the deduction mechanism for the indirect subscription of internal MREL eligible resources. A liquidation entity will not have to be supported by the resolution entity in case of failure, thus removing the need to safeguard any loss and capital transfer mechanisms within resolution groups, which was the purpose of the deduction rules introduced by Regulation (EU) 2022/2036. By contrast, the remaining entities of the resolution group will need to be supported by the resolution entity in case of distress or failureto only apply the deduction rules to the own funds of liquidation entities if the issuing entity is not subject to an MREL decision. The necessary MREL resources should therefore be present at all levels of the resolution group and their availability for loss absorption and recapitalisation should be ensured through the deduction mechanism. Thus, the review of the Commission concluded that intermediate entities should continue to deduct the full amount of their holdings of internal MREL eligible resources issued by other non-liquidation entities in the same resolution group.
2023/10/03
Committee: ECON
Amendment 23 #

2023/0113(COD)

Proposal for a directive
Recital 5
(5) To ensure that the possibility to comply with MREL on a consolidated basis is available only in the relevant cases identified in the review of the Commission and does not lead to a shortage of internal MREL eligible resources across the resolution group, the power to set the internal MREL on a consolidated basis for intermediate entities should be a discretionary power of the resolution authority and should be subject to certain conditions. The intermediate entity should be the onlya direct subsidiary, that is an institution or an entity, of a resolution entity which is a parent Union parent financial holding company or a Union parent mixed financial holding company, is established in the same Member State and is part of the same resolution group. Alternatively, the intermediate entity concerned should comply with the additional own funds requirement or with the combined buffer requirement on the basis of its consolidated situation. In both cases, however, compliance with the internal MREL on a consolidated basis only should not, in the assessment of the resolution authority, negatively affect in a significant way the resolvability of the resolution group concerned, nor the application by the resolution authority of the power to write down or convert relevant capital instruments and eligible liabilities of the intermediate entity concerned or of other entities in its resolution group. One situation where the disapplication of internal MREL on an individual basis would be detrimental to the resolvability of the resolution group is where that amount of MREL would not allow to ensure compliance with the individual own funds requirements applicable after the exercise of the write-down and conversion powers.
2023/10/03
Committee: ECON
Amendment 24 #

2023/0113(COD)

Proposal for a directive
Recital 6
(6) Pursuant to Article 45f(2) of Directive 2014/59/EU and Article 12g(2) of Regulation (EU) No 806/2014, intermediate entities may comply with the consolidated internal MREL using own funds and eligible liabilities. To fully deliver on the possibility to comply with MREL on a consolidated basis, it is necessary to ensure that the eligible liabilities of intermediate entities are computed in a way that is similar to the computation of own funds. The eligibility criteria for eligible liabilities that may be used to comply with internal MREL on a consolidated basis should therefore be aligned with the rules on the calculation of consolidated own funds laid down in Regulation (EU) No 575/2013. To ensure consistency with the existing rules on the external MREL, that alignment should also reflect the existing rules laid down in Article 45b(3) of Directive 2014/59/EU and Article 12d(3) of Regulation (EU) No 806/2014 for the calculation of eligible liabilities that resolution entities may use to comply with their consolidated MREL. In particular, it is necessary to ensure that eligible liabilities issued by the subsidiaries of the entity subject to consolidated internal MREL and held by the resolution entity, either directly or indirectly through other entities of the same resolution group but outside the scope of consolidation, including the resolution entity, or by existing shareholders not belonging to the same resolution group, count towards the own funds and eligible liabilities of the entity subject to consolidated internal MREL.
2023/10/03
Committee: ECON
Amendment 25 #

2023/0113(COD)

Proposal for a directive
Recital 7
(7) For liquidation entities, the MREL is normally limitedresolution authority should assess whether it is justified to limit the MREL to the amount necessary for loss absorption, which corresponds to the own funds requirements. In such cases, the MREL does not entail for the liquidation entity any additional requirement directly related to the resolution framework. That means that a liquidation entity can fully comply with the MREL by complying with the own funds requirements and that a dedicated decision of the resolution authority determining the MREL does not contribute in a meaningful way to the resolvability of liquidation entities. Such a decision entails many procedural obligations for resolution authorities and for the liquidation entities without a corresponding benefit in terms of improved resolvability. For that reason, resolution authorities should not set a MREL for liquidation entities.
2023/10/03
Committee: ECON
Amendment 26 #

2023/0113(COD)

Proposal for a directive
Recital 8
(8) Where the resolution authority considers that an entity that is part of a resolution group qualifies as a liquidation entity, intermediate entities should not be required to which is not subject to an MREL decision, the intermediate entities can limit the deducting from their internal MREL capacity their holdings of own funds or other liabilities that would meet the conditions for compliance with the internal MREL and that are issued by liquidation entities. In such a case, the liquidation entity is no longer required to comply with the MREL, and therefore there is no indirect subscription of internal MREL eligible resources through the chain formed by the resolution entity, the intermediate entity and the liquidation entitywhich are issued by those liquidation entities that are not subject to MREL requirements. In case of failure, the resolution strategy does not envisage that the liquidation entity would be supportrecapitalised by the resolution entity. That means that the updownstreaming of losses fromnew capital to the liquidation entity tofrom the resolution entity, via the intermediate entity, would not be expected, and neither would the downstreaming of capital in the opposite direction. That adjustment to the scope of the holdings to be deducted in the context of the indirect subscription of internal MREL eligible resources would thus not affect the prudential soundness of the framework.
2023/10/03
Committee: ECON
Amendment 30 #

2023/0113(COD)

Proposal for a directive
Recital 9
(9) The main objective of the permission regime for the reduction of eligible liabilities instruments laid down in Articles 77(2) and 78a of Regulation (EU) No 575/2013, which is also applicable to institutions and entities subject to the MREL and to the liabilities issued to comply with MREL, is to enable resolution authorities to monitor the actions that result in a reduction of the stock of eligible liabilities and to prohibit any action that would amount to a reduction beyond a level which resolution authorities deem adequate. Where the resolution authority has not adopted a decision determining the MREL in respect of an institution or entity, that objective is not relevant. Moreover, institutions or entities that are not subject to a decision determining the MREL do not have eligible liabilities on their balance sheet, even if some of their liabilities would theoretically meet the criteria for MREL eligibility. Institutions or entities for which no decisions determining the MREL have been adopted should therefore not be required to obtain the prior permission of the resolution authority to effect the call, redemption, repayment or repurchase of liabilities that would meet the eligibility requirements for MREL.
2023/10/03
Committee: ECON
Amendment 31 #

2023/0113(COD)

Proposal for a directive
Recital 10
(10) There are liquidation entities for which the MREL does exceed the amount of the own funds requirements, in which case resolution authorities should be able to set the MREL. That MREL should be set at an amount exceeding the amount for loss absorption where the resolution authorities consider that such amount is necessary to protectassess that it would not be justified to limit the requirement to an amount sufficient to absorb losses. The assessment by the resolution authority should, in particular, evaluate that limit as possible impact on the financial stability or addressand on the risk of contagion to the financial system. In those situations, the liquidation entity should comply with the MREL and should not be exempted from the prior permission regime laid down in Articles 77(2) and 78a of Regulation (EU) No 575/2013. Any intermediate entities belonging to the same resolution group as the liquidation entity concerned should continue to be required to deduct from their internal MREL capacity their holdings of internal MREL eligible resources issued by that liquidation entity. In addition, since liquidation proceedings take place at the level of the legal entity, liquidation entities still subject to MREL should comply with the requirement on an individual basis only. Lastly, certain eligibility requirements related to the ownership of the liability concerned are not relevant, as there is no need to ensure the transfer of losses and capital from the liquidation entity to a resolution entity, and should therefore not apply.
2023/10/03
Committee: ECON
Amendment 34 #

2023/0113(COD)

Proposal for a directive
Recital 14
(14) Since the objectives of this Directive, namely to adjust the treatment of liquidation entities under the MREL framework and the possibilities to comply withfor resolution authorities to determine the internal MREL on a consolidated basis, cannot be sufficiently achieved by the Member States but can rather, by amending rules that are already set at Union level, be better achieved at Union level, the Union may adopt measures, in accordance with the principle of subsidiarity as set out in Article 5 of the Treaty on the European Union. In accordance with the principle of proportionality as set out in that Article, this Directive does not go beyond what is necessary in order to achieve those objectives,
2023/10/03
Committee: ECON
Amendment 39 #

2023/0113(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 1
(83aa) ‘liquidation entity’ means a legal person established in the Union in respect of which the group resolution plan or, for entities that are not part of a group, the resolution plan, provides that the entity is to be wound up in an orderly manner in accordance with the applicable national law;under normal insolvency proceedings;
2023/10/03
Committee: ECON
Amendment 42 #

2023/0113(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 2 – point b
Directive 2014/59/EU
Article 45c – paragraph 2a – subparagraph 2 – introductory part
By way of derogation from the first subparagraph, and where necessary for the objectives of protecting financial stability or limiting potential contagion to the financial system, resolution authorities may exceptionally determine the requirement referred to in Article 45(1) for liquidation entities on an individual basis in the amount sufficient to absorb losses in accordance with paragraph 2, point (a), of this Article, increased to the amount that is necessary for the achievement of those objectivesthe resolution authority shall assess whether it is justified to limit the requirement referred to in Article 45(1) for that entity, so that it does not exceed an amount sufficient to absorb losses in accordance with paragraph 2, point (a), of this Article. The assessment by the resolution authority shall, in particular, evaluate this limit as regards any possible impact on financial stability and on the risk of contagion to the financial system. In those cases, liquidation entities shall meet the requirement referred to in Article 45(1) by using one or more of the following:
2023/10/03
Committee: ECON
Amendment 45 #

2023/0113(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 2 – point b
Directive 2014/59/EU
Article 45c – paragraph 2a – subparagraph 4
Holdings of liabilities that do not qualify as own funds instruments or liabilities issued by subsidiaries which are liquidation entities for which the resolution authority has not determined the requirement referred to in Article 45(1) shall not be deducted under Article 72e(5) of Regulation (EU) No 575/2013.;
2023/10/03
Committee: ECON
Amendment 51 #

2023/0113(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 3 – point a
Directive 2014/59/EU
Article 45f – paragraph 1 – subparagraph 3a – point a – point i – indent 1
– the resolution entity is a Union parent financial holding company or a Union parent mixed financial holding company which does not have on its balance sheet any excluded liabilities as referred to in Article 72a(2) of Regulation 575/2013 that rank pari passu or junior to eligible liabilities instruments;
2023/10/03
Committee: ECON
Amendment 52 #

2023/0113(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 3 – point a
Directive 2014/59/EU
Article 45f – paragraph 1 – subparagraph 3a – point a – point i – indent 3
– the resolution entity does not hold directly any subsidiary institution or entity as referred to in Article 1(1), points (b), (c) or (d), other than the subsidiary concerned;deleted
2023/10/03
Committee: ECON
Amendment 54 #

2023/0113(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 3 – point a
Directive 2014/59/EU
Article 45f – paragraph 1 – subparagraph 3a – point a – point ii
(ii) the subsidiary is subject to the requirement referred to in Article 104a of Directive 2013/36/EU or to the combined buffer requirement on a consolidated basisn a consolidated basis only; both the subsidiary and the resolution entity are established in the same Member State and are part of the same resolution group;
2023/10/03
Committee: ECON
Amendment 58 #

2023/0113(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 3 – point a
Directive 2014/59/EU
Article 45f – paragraph 1 – subparagraph 3a – point b
(b) compliancethe exemption from the obligation to comply with the requirement laid down in Article 45c on a conson individual basis as a result of the applidcated basiion of the derogation from the first and second paragraphs does not negatively affect in a significant way the resolvability of the resolution group, or the write down or conversion, in accordance with Article 59, of relevant capital instruments and eligible liabilities of the subsidiary concerned or of other entities in the resolution group.;
2023/10/03
Committee: ECON
Amendment 62 #

2023/0113(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 3 – point a
The application of Article 45c on a consolidated basis as a result of the derogation from the first and second subparagraphs referred to in subparagraph 3a, point (b), shall under no circumstances result in a situation where the amount of eligible liabilities issued by the intermediate entity at the individual level is lower than the requirement on an individual basis without applying the deduction set out in Article 72e(5) of Regulation (EU) No 575/2013.
2023/10/03
Committee: ECON
Amendment 63 #

2023/0113(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 3 – point a a (new)
Directive 2014/59/EU
Article 45f – paragraph 1a
(a a) the following paragraph is inserted: ' 1a. Where the resolution authority identifies a risk that the application of the requirement laid down in Article 45c on an individual basis may not allow to ensure that the eligible liabilities are sufficient to restore compliance with the applicable consolidated own funds requirements after the application of a resolution scheme, the resolution authority may decide to apply the requirement laid down in Article 45c on an individual and on an consolidated basis. In this case, the deduction under Article 72e(5) of Regulation (EU) No 575/2013 shall not apply. '
2023/10/03
Committee: ECON
Amendment 67 #

2023/0113(COD)

Proposal for a directive
Article 2 – paragraph 1 – point 2 – point b
Regulation (EU) No 806/2014
Article 12d – paragraph 2a – subparagraph 2 – introductory part
By way of derogation from the first subparagraph, and where necessary for the objectives of protecting financial stability or limiting potential contagion to the financial system, the Board may exceptionally determinethe Board shall assess whether it is justified to limit the requirement referred to in Article 12a(1) for liquidation entities on an individual basis in thethat entity, so that it does not exceed an amount sufficient to absorb losses in accordance with paragraph 2, point (a), of this Article, increased to the amount that is necessary for the achievement. The assessment by the Board shall evaluate, in particular, the limit referred to in Article 12d (2a) as regards any possible impact on financial stability and ofn those objectivese risk of contagion to the financial system. In those cases, liquidation entities shall meet the requirement referred to in Article 12a(1) by using one or more of the following:
2023/10/03
Committee: ECON
Amendment 69 #

2023/0113(COD)

Proposal for a directive
Article 2 – paragraph 1 – point 2 – point b
Regulation (EU) No 806/2014
Article 12d – paragraph 2a – subparagraph 4
Holdings of liabilities that do not qualify as own funds instruments or liabilities issued by subsidiaries which are liquidation entities for which the resolution authority has not determined the requirement referred to in Article 12a(1) shall not be deducted under Article 72e(5) of Regulation (EU) No 575/2013.;
2023/10/03
Committee: ECON
Amendment 75 #

2023/0113(COD)

Proposal for a directive
Article 2 – paragraph 1 – point 3 – point a
Regulation (EU) No 806/2014
Article 12g – paragraph 1 – subparagraph 3a – point a – point i – indent 1
– the resolution entity is a Union parent financial holding company or a Union parent mixed financial holding company which does not have on its balance sheet any excluded liabilities as referred to in Article 72a(2) of Regulation 575/2013 that rank pari passu or junior to eligible liabilities instruments; ;
2023/10/03
Committee: ECON
Amendment 77 #

2023/0113(COD)

Proposal for a directive
Article 2 – paragraph 1 – point 3 – point a
Regulation (EU) No 806/2014
Article 12g – paragraph 1 – subparagraph 3a – point a – point ii
(ii) the subsidiary is subject to the requirement referred to in Article 104a of Directive 2013/36/EU or to the combined buffer requirement on a consolidated basisn a consolidated basis only; both the subsidiary and the resolution entity are established in the same Member State and are part of the same resolution group;
2023/10/03
Committee: ECON
Amendment 80 #

2023/0113(COD)

Proposal for a directive
Article 2 – paragraph 1 – point 3 – point a
Regulation (EU) No 806/2014
Article 12g – paragraph 1 – subparagraph 3a – point b
(b) compliancethe exemption from the obligation to comply with the requirement laid down in Article 12d on a consolidated basin individual basis as a result of the application of the derogation from the first and second paragraphs does not negatively affect in a significant way the resolvability of the resolution group, or the write down or conversion, in accordance with Article 21, 12d, of relevant capital instruments and eligible liabilities of the institution or subsidiary concerned or of other entities in the resolution group.;
2023/10/03
Committee: ECON
Amendment 84 #

2023/0113(COD)

The application of Article 12d on an consolidated basis as a result of the derogation from the first and second paragraphs referred to in subparagraph 3a, point (b), shall under no circumstances result in a situation where the amount of eligible liabilities issued by the intermediate entity at the individual level is lower than the requirement on an individual basis without applying the deduction set out in Article 72e(5) of Regulation No 575/2013.
2023/10/03
Committee: ECON
Amendment 85 #

2023/0113(COD)

Proposal for a directive
Article 2 – paragraph 1 – point 3 – point b
Regulation (EU) No 806/2014
Article 12g – paragraph 2a – subparagraph 2 – introductory part
The liabilities referred to in the first subparagraph, points (a) and (b), shall not exceed the amount determined by subtracting from the amount of the requirement referred to in Article 4512(1) applicable to the subsidiary included in the consolidatedion the sum of all of the following:
2023/10/03
Committee: ECON
Amendment 27 #

2023/0081(COD)

Proposal for a regulation
Recital 4
(4) To fulfil those commitments, the Union must accelerate its pace of transition to clean energy, notably by increasing energy efficiency and the share of renewable energy sourcesadopting a technology neutral approach. This will contribute to achieving the EU targets of the European Pillar of Social Rights Action Plan for 2030 of an employment rate of at least 78% and participation in training of at least 60% of adults. It will also contribute to ensuring that the green transition is fair and equitable34 . __________________ 34 Council Recommendation on ensuring a fair transition towards climate neutrality, adopted on 16 June 2022 as part of the Fit for 55 package.
2023/06/20
Committee: ECON
Amendment 29 #

2023/0081(COD)

Proposal for a regulation
Recital 6
(6) The net-zero transformation is already causing huge industrial, economic, and geopolitical shifts across the globe, which will become ever more pronounced as the world advances in its decarbonisation efforts. The road to net zero translates into strong opportunities for the expansion of Union’s net-zero industry, making use of the strength of the Single Market, by promoting investment in technologies in the field of renewable energy technologies , electricity and heat storage technologies, heat pumps, grid technologies, renewable fuels of non- biological origin technologies, electrolysers and fuel cells, fusion, conventional and small modular reactors and related best-in-class fuels, carbon capture, utilisation, and storage technologies, and energy-system related energy efficiency technologies and their supply chains, allowing for the decarbonisation of our economic sectors, from energy supply to transport, buildings, and industry. A strong net zero industry within the European Union can help significantly in reaching the Union’s climate and energy targets effectively, as well as in supporting other Green Deal objectives, while creating jobs and growth.
2023/06/20
Committee: ECON
Amendment 30 #

2023/0081(COD)

Proposal for a regulation
Recital 6 a (new)
(6 a) This Regulation shall take into account the principle of technology neutrality, whereas no prejudice will be given to an existing or future technology, which aims at achieving the same goals through different means. Reaching the Paris Agreement climate goals is of the utmost importance. Therefore, the EU should recognise that industry and regulation go hand in hand, and no form of technology, which potentially contributes to reaching these goals, should be excluded.
2023/06/20
Committee: ECON
Amendment 31 #

2023/0081(COD)

Proposal for a regulation
Recital 8
(8) The Union’s decarbonisation objectives, security of energy supply, digitalisation of the energy system and electrification of demand, for example in mobility and the need for fast recharging points, require an enormous expansion of electricity grids in the European Union, both at transmission level and at distribution level. At transmission level, high-voltage direct current (HVDC) systems are needed to connect offshore renewable energies; while at distribution level, connecting electricity providers and managing demand-side flexibility builds on investments in innovative grid technologies, such as electric vehicles smart charging (EVSC), energy efficiency building and industry automation and smart controls, advanced meter infrastructure (AMI) and home energy management systems (HEMS). The electricity grid needs to interact with many actors or devices based on a detailed level of observability, and hence availability of data, to enable flexibility, smart charging and smart buildings with smart electricity grids enabling demand side response from consumers and the uptake of renewables. Connecting the net-zero technologies to the network of the European Union requires the substantial expansion of manufacturing capabilities for electricity grids in areas such as offshore and onshore cables, substations and transformers. To maintain a working capacity in electricity grids, a diversified energy supply is a necessary.
2023/06/20
Committee: ECON
Amendment 33 #

2023/0081(COD)

Proposal for a regulation
Recital 10
(10) To achieve the 2030 objectives a particular focus is needed on some of the net-zero technologies, also in view their significant contribution towards the path to net zero by 2050. These technologies include solar photovoltaic and solar thermal technologies, onshore and offshore renewable technologies, nuclear energy technologies, battery/storage technologies, heat pumps and geothermal energy technologies, electrolysers and fuel cells, sustainable biogas/biomethane, carbon capture and storage technologies and grid technologies. These technologies play a key role in the Union’s open strategic autonomy, ensuring that citizens have access to clean, affordable, secure energy. Given their role, these technologies should benefit from even faster permitting procedures, obtain the status of the highest national significance possible under national law and benefit from additional support to crowd-in investments.
2023/06/20
Committee: ECON
Amendment 34 #

2023/0081(COD)

Proposal for a regulation
Recital 12
(12) In 2020 the European Commission adopted an EU strategy for energy system integration. It set out a vision on how to accelerate the transition towards a more integrated energy system, one that supports a climate neutral economy at the least cost across sectors. It encompasses three complementary and mutually reinforcing concepts: first, a more ‘circular’ energy system, with energy efficiency at its core; second, a greater direct electrification of end-use sectors; third, the use of renewable and low-carbon fuels, including hydrogen, produced from all energy sources, for end- use applications where direct heating or electrification are not feasible, not efficient or have higher costs. Considerations related to energy system integration refer to solutions for fully integrating all the electricity generated by renewable energy installations into the wider energy system. This means, for instance, adopting technical solutions that allow for the integration of surplus electricity generated by renewable electricity installations, including through storage in its various forms and demand- side management.
2023/06/20
Committee: ECON
Amendment 38 #

2023/0081(COD)

Proposal for a regulation
Recital 18
(18) Considering these objectives together, while also taking into account that for certain elements of the supply chain (such as inverters, as well as solar cells, wafers, and ingots for solar PV or cathodes and anodes for batteries) the Union manufacturing capacity is low, the Union net-zero technologies annual capacity should aim at approaching or reaching an overall annual manufacturing benchmark of at least 40% of annual deployment needs by 2030 for the technologies listed in the Annex . When sourcing raw materials and other elements in the supply chain, carbon and business leakage should be taken into account.
2023/06/20
Committee: ECON
Amendment 40 #

2023/0081(COD)

Proposal for a regulation
Recital 21 a (new)
(21 a) The EU should take the risk of business leakage into account. Climate regulation should offer clear investment conditions in order to let innovation thrive. By overregulating we risk business leakage, where (innovative) companies will relocate elsewhere where they are less burdened by red tape and due diligence obligations.
2023/06/20
Committee: ECON
Amendment 42 #

2023/0081(COD)

Proposal for a regulation
Recital 25
(25) Directives 2014/23/EU, 2014/24/EU and 2014/25/EU already allow contracting authorities and entities awarding contracts through public procurement procedures to rely, in addition to price or cost, on additional criteria for identifying the most economically advantageous tender. Such indicative criteria concern for instance the quality of the tender including social, environmental and innovative characteristics. When awarding contracts for net-zero technology through public procurement, contracting authorities and contracting entities should duly assess the tenders’ contribution to sustainability and resilience in relation to a series of criteria relating to the tender’s environmental sustainability, innovation, system integration and to resilience.
2023/06/20
Committee: ECON
Amendment 50 #

2023/0081(COD)

Proposal for a regulation
Recital 38 a (new)
(38 a) Public authorities should lead by example in the use of net-zero technology sources and energy efficiency.
2023/06/20
Committee: ECON
Amendment 55 #

2023/0081(COD)

Proposal for a regulation
Recital 40
(40) Access to finance is key for ensuring the Union’s open strategic autonomy and for establishing a solid manufacturing base for net-zero technologies and their supply chains across the Union. The majority of investments necessary to reach the Green Deal objectives will come from private capital53 attracted by the growth potential of the net- zero ecosystem. Well-functioning, deep and integrated capital markets will therefore be essential to raise and channel the funds needed for the green transition and net-zero manufacturing projects. Swift progress towards the Capital Markets Union is thus necessary for the EU to deliver on its net-zero objectives. The sustainable finance agenda (and blended finance) also plays a crucial role in scaling up investments into the net-zero technologies, while guaranteeing the competitiveness of the sector. Swift access to both private and public financing can mitigate the inherent risks of innovation, research and development needed to achieve our climate goals. Public financing should not solely take the form of grants and subsidies but remain diversified and include tax-credits and loans. __________________ 53 Commission Staff Working Document Identifying Europe's recovery needs Accompanying the document Communication from the Commission to the European Parliament, the European Council, the Council, the European Economic and Social Committee and the Committee of the Regions - Europe's moment: Repair and Prepare for the Next Generation, SWD(2020) 98 final, Identifying Europe's recovery needs, 27.05.2020.
2023/06/20
Committee: ECON
Amendment 59 #

2023/0081(COD)

Proposal for a regulation
Recital 41
(41) Where private investment alone is not sufficient, the effective roll-out of net- zero manufacturing projects may require public support in the form of State aid. Such aid must have an incentive effect and be necessary, appropriate and proportionate. The existing State aid guidelines that have recently undergone an in-depth revision in line with the twin transition objectives provide ample possibilities to support investments for projects in the scope of this Regulation subject to certain conditions. Member States can have an important role in easing access to finance for net-zero technologies manufacturing projects by addressing market failures through targeted State aid support. The Temporary Crisis and Transition Framework (TCTF) adopted on 9 March 2023 aims at ensuring a level playing field within the internal market, targeted to those sectors where a third- country delocalisation risk has been identified, and proportionate in terms of aid amounts. It would enable Member States to put in place measures to support new investments in production facilities in defined, strategic net-zero sectors, including via tax benefits. The permitted aid amount can be modulated with higher aid intensities and aid amount ceilings if the investment is located in assisted areas, in order to contribute to the goal of convergence between Member States and regions. Appropriate conditions are required to verify the concrete risks of diversion of the investment outside the European Economic Area (EEA) and that there is no risk of relocation within the EEA. To mobilise national resources for that purpose, Member States may use a share of the ETS revenues that Member States have to allocate for climate-related purposes. The EU closely monitors and evaluates the impact and consequences of this temporary framework, particularly regarding the proper functioning of the internal market. A disruption of the proper functioning of the Single Market can in no way be overcome by a European fund. Taking on new European debt is out of the question.
2023/06/20
Committee: ECON
Amendment 67 #

2023/0081(COD)

Proposal for a regulation
Recital 45 a (new)
(45 a) Member States are encouraged to pursue growth enhancing reforms, e.g. in the field of labour law or reviewing administrative procedures, for the Net Zero Industry Act to have the biggest possible effect in terms of added value and economic growth;
2023/06/20
Committee: ECON
Amendment 68 #

2023/0081(COD)

Proposal for a regulation
Recital 47
(47) A European Sovereignty Fund would provide a structural answer to the investment needs, but no new debts will be incurred for this. It will help preserving a European edge on critical and emerging technologies relevant to the green and digital transitions, including net-zero technologies. This structural instrument will build on experience of coordinated multi-country projects under the IPCEIs and seek to enhance all Member States’ access to such projects, thereby safeguarding cohesion and the Single Market against risks caused by unequal availability of State Aids. The temporary flexibility offered by the State aid rules should in no way interfere with the level playing field in the Single Market, and be used as justification for new European debt. The unity of the Single Market and the equality of Member States must be closely monitored, with special attention to small(er) Member States.
2023/06/20
Committee: ECON
Amendment 74 #

2023/0081(COD)

Proposal for a regulation
Recital 52
(52) In order to reduce complexity and increase efficiency and transparency, project promoters of net-zero technologies manufacturing projects should be able to interact with a single national, or regional competent authority responsible for coordinating the entire permit granting process and issuing a comprehensive decision within the applicable time limit. To that end, Member States should designate a single national competent authority or one authority per competent region, in accordance with the constitutional structures of the Member States as guaranteed by Article 4(2) TEU . Depending on a Member State’s internal organisation, it should be possible for the tasks of the national or regional competent authority ies to be delegated to a different authority, subject to the same conditions. To ensure the effective implementation of their responsibilities, Member States should provide their national or regional competent authority, or any authority acting on their behalf, with sufficient personnel and resources.
2023/06/20
Committee: ECON
Amendment 75 #

2023/0081(COD)

Proposal for a regulation
Recital 53
(53) In order to ensure clarity about the permitting status of Net-Zero Strategic Projects and to limit the effectiveness of potential abusive litigation, while not undermining effective judicial review, Member States should ensure that any dispute concerning permit granting process is resolved in a timely manner. To that end, national or regional competent authorities should ensure that applicants and project promoters have access to a simple dispute settlement procedure and that Net-Zero Strategic Projects are granted urgent treatment in all judicial and dispute resolution procedures relating to them while ensuring respect for the rights of defence.
2023/06/20
Committee: ECON
Amendment 76 #

2023/0081(COD)

Proposal for a regulation
Recital 54
(54) In order to allow businesses and project promoters, including for cross- border projects, to directly enjoy the benefits of the internal market without incurring an unnecessary additional administrative burden, Regulation (EU) 2018/1724 of the European Parliament and the Council64 provides for general rules for the online provision of procedures relevant for the functioning of the internal market. The information that needs to be submitted to national competent authorities as part of the permit-granting processes covered by this Regulation are to be covered in Annex I of Regulation (EU) 2018/1724 following its amendment by this Regulation, and the related procedures are included in its Annex II so as to ensure that project promoters can benefit from fully online procedures and the Once-Only Technical System. National or regional competent authorities acting as one stop shop pursuant to this Regulation are included in the list of assistance and problem-solving services in Annex III of Regulation (EU) 2018/1724. __________________ 64 Regulation (EU) 2018/1724 of the European Parliament and of the Council of 2 October 2018 establishing a single digital gateway to provide access to information, to procedures and to assistance and problem-solving services and amending Regulation (EU) No 1024/2012 (OJ L 295, 21.11.2018, p. 1).
2023/06/20
Committee: ECON
Amendment 77 #

2023/0081(COD)

Proposal for a regulation
Recital 63 a (new)
(63 a) The European Union choses deliberately for a lean and mean approach, providing a stable legal framework that offers legal certainty and opportunities to invest. Enhancing competitiveness and finalising the Capital Markets Union are key to have economic growth, without which the green transition will not succeed.
2023/06/20
Committee: ECON
Amendment 78 #

2023/0081(COD)

Proposal for a regulation
Recital 66
(66) Building on previous experiences, such as the EU Pact for Skills and the European Battery Alliance, European Net- Zero Industry Academies should develop and deploy education and training content to upskill and reskill workers required for key net-zero technology value chains, such as solar photovoltaic and solar thermal technologies, renewable hydrogen technologies and raw materials. The academies would, pursuant to Articles 165-166 TFEU, aim to enable the training and education of 100.000 learners each, within three years of their establishment, to contribute to the availability of skills required for the net-zero technologies, including in small and medium-sized enterprises. That content should be developed and deployed with education and training providers in Member States, relevant Member States authorities and social partners. Education and training providers, industry and other actors involved in up- and reskilling in the Member States, such as Public Employment Services, should deliver the content produced by the academies. To ensure skills transparency and portability and the mobility of workers, the European Net-Zero Industry Academies will develop and deploy credentials, including micro- credentials, covering learning achievements. They should be issued in the format of European credentials for learning and could be integrated in EUROPASS and, where relevant, included in National Qualifications Frameworks. Member States are encouraged to support the continuous reskilling and upskilling offered via the academies and the relevant education and training providers in their territories through national programmes and Union funding, including from the European Social Fund Plus, the Recovery and Resilience Facility, the European Regional Development Fund, the Just Transition Mechanism, the Modernisation Fund and the Technical Support Instrument. The Net-Zero Europe Platform should assist in guiding the work of the Academies and providing oversight.
2023/06/20
Committee: ECON
Amendment 80 #

2023/0081(COD)

Proposal for a regulation
Article 1 – paragraph 1
1. This Regulation establishes the framework of measures for innovating and scaling up the manufacturing capacity of net-zeroexisting and future net-zero technologies and energy efficiency enhancing technologies in the Union to support the Union’s 2030 target of reducing net greenhouse gas emissions by at least 55 % relative to 1990 levels and the Union’s 2050 climate neutrality target, as defined by Regulation (EU) 2021/1119, and to ensure the Union’s access to a secure and sustainable supply of net-zero technologies needed to safeguard the resilience of the Union’s energy system and to contribute to the creation of quality jobs.
2023/06/20
Committee: ECON
Amendment 81 #

2023/0081(COD)

Proposal for a regulation
Article 1 – paragraph 3 a (new)
3 a. The Commission shall assess and review the list of net-zero technologies and strategic net-zero technologies at least once every two years. The Commission shall take the contribution of these technologies into account in terms of achieving the climate goals, circular economy, sustainability and energy efficiency.
2023/06/20
Committee: ECON
Amendment 84 #

2023/0081(COD)

Proposal for a regulation
Article 3 – paragraph 1 – point f
(f) ‘permit granting process’ means a process covering all relevant administrative permits to plan, build, expand and operate net-zero technology manufacturing projects, including building, chemical and grid connection permits and environmental assessments and authorisations where these are required, and encompassing all administrative applications and procedures from the acknowledgment of the validity of the application to the notification of the comprehensive decision on the outcome of the procedure by the responsible national or regional competent authority;
2023/06/20
Committee: ECON
Amendment 85 #

2023/0081(COD)

Proposal for a regulation
Article 4 – paragraph 1
1. By …[3 months after the date of entry into force of this Regulation], Member States shall designate one national competent authority or one authority per competent region, in accordance with the constitutional structures of the Member States as guaranteed by Article 4(2) TEU, which shall be responsible for facilitating and coordinating the permit-granting process for net-zero technology manufacturing projects, including for net- zero strategic projects, and to provide advice on reducing administrative burden in line with Article 5.
2023/06/20
Committee: ECON
Amendment 86 #

2023/0081(COD)

Proposal for a regulation
Article 4 – paragraph 2
2. The national or regional competent authority referred to in paragraph 1 shall be the sole point of contact for the project promoter in the permit-granting process leading to a comprehensive decision for a given project and shall coordinate the submission of all relevant documents and information.
2023/06/20
Committee: ECON
Amendment 87 #

2023/0081(COD)

Proposal for a regulation
Article 4 – paragraph 3 – introductory part
3. The responsibilities of the national or regional competent authority referred to in paragraph 1 or the tasks related to it may be delegated to, or carried out by, another authority, for any given project, provided that:
2023/06/20
Committee: ECON
Amendment 88 #

2023/0081(COD)

Proposal for a regulation
Article 4 – paragraph 3 – point a
(a) the national or regional competent authority notifies the project promoter of that delegation;
2023/06/20
Committee: ECON
Amendment 89 #

2023/0081(COD)

Proposal for a regulation
Article 4 – paragraph 5
5. The national or regional competent authority shall take into consideration any valid studies conducted, and permits or authorisations issued, for a given project before the project entered the permit- granting process in accordance with this Article and shall not require duplicate studies and permits or authorisations, unless otherwise required under Union law.
2023/06/20
Committee: ECON
Amendment 90 #

2023/0081(COD)

Proposal for a regulation
Article 4 – paragraph 6
6. The national or regional competent authority shall ensure that applicants have easy access to information on and simple procedures for the settlement of disputes concerning the permit-granting process and the issuance of permits to construct or expand projects, including, where applicable, alternative dispute resolution mechanisms.
2023/06/20
Committee: ECON
Amendment 91 #

2023/0081(COD)

Proposal for a regulation
Article 4 – paragraph 7
7. Member States shall ensure that the national or regional competent authority responsible for the entire permit-granting processes, including all procedural steps, has a sufficient number of qualified staff and sufficient financial, technical and technological resources necessary, including for up- and re-skilling, for the effective performance of its tasks under this Regulation.
2023/06/20
Committee: ECON
Amendment 99 #

2023/0081(COD)

Proposal for a regulation
Article 11 – paragraph 2 – point b
(b) a summarised business plan evaluating the financial viability of the project consistent with the objective of creating quality jobs. The Platform for net-zero technologies provides a template for the business plan.
2023/06/20
Committee: ECON
Amendment 110 #

2023/0081(COD)

Proposal for a regulation
Article 14 – paragraph 2 – introductory part
2. Member States mayshall provide administrative support to net-zero strategic projects to facilitate their rapid and effective implementation, including by providing:
2023/06/20
Committee: ECON
Amendment 121 #

2023/0081(COD)

Proposal for a regulation
Article 15 – paragraph 1
1. The Net-Zero Europe Platform as established in Article 28 shall discuss financial needs and bottlenecks of net-zero strategic projects, potential best practices, in particular to develop the necessary EU cross-border supply chains, notably based on regular exchanges with the relevant industrial alliances.
2023/06/20
Committee: ECON
Amendment 156 #

2023/0081(COD)

Proposal for a regulation
Article 20 – paragraph 2 a (new)
2 a. Non-financial criteria must be used in a transparent, coherent and predictable way.
2023/06/20
Committee: ECON
Amendment 167 #

2023/0081(COD)

Proposal for a regulation
Article 26 – paragraph 7
7. The duration of the net-zero regulatory sandbox may be extended through the same procedure upon agreement of the national and regional competent authority.
2023/06/20
Committee: ECON
Amendment 168 #

2023/0081(COD)

Proposal for a regulation
Article 27 – paragraph 1 – point c a (new)
(c a) Guide SMEs and start-ups throughout the process of raising both private and public funding.
2023/06/20
Committee: ECON
Amendment 169 #

2023/0081(COD)

Proposal for a regulation
Article 31 – paragraph 2 – introductory part
2. Member States and the national and regional authorities they designate for this purpose shall collect and provide data and other evidence required pursuant to paragraph 1, points (a) and (b). In particular, they shall collect and report each year to the Commission data on:
2023/06/20
Committee: ECON
Amendment 170 #

2023/0081(COD)

Proposal for a regulation
Article 35 – paragraph 4 a (new)
4 a. In line with its Commission’s Better Regulation Guidelines, and Toolbox, and with the “one-in one-out” approach, the Commission has committed to offset newly introduced administrative burdens included in its proposals from 2022 onwards by reducing equivalent burdens in either within the remit of each Directorate-General, or within the respective REFIT area.
2023/06/20
Committee: ECON
Amendment 173 #

2023/0081(COD)

Proposal for a regulation
Annex I – column 2 – row 8 a (new)
Nuclear power technologies
2023/06/20
Committee: ECON
Amendment 10 #

2022/2150(INI)

Motion for a resolution
Recital B
B. whereas the EU labour market has proved particularly resilient, with an additional two million people in employment, leading to a record low unemployment rate of 6.2 % in 2022, yet significant geographic differences remain; whereas according to the Commission’s autumn economic forecast the public sector was a key contributor to the increase in employment; whereas despite labour market tightness wage growth has remained moderate; whereas the unemployment rate is expected to increase slightly in 2023 (6.5 %), before marginally coming down again in 2024 (6.2 %);
2023/01/11
Committee: ECON
Amendment 17 #

2022/2150(INI)

Motion for a resolution
Recital C
C. whereas according to the annual sustainable growth survey, inflation should peak at 10.7 % in 2022 and then gradually decrease to 7.0 % in 2023 and 3 % in 2024; whereas wage growth is expected to only partially mitigate losses in real incomes, without triggering a persistent feedback loop between wages and inflation; whereas inflation was initially mostly fueled by energy prices, it now has a broader base with rising core inflation numbers;
2023/01/11
Committee: ECON
Amendment 21 #

2022/2150(INI)

Motion for a resolution
Recital D
D. whereas according to the Commission’s autumn forecast, the debt- to-GDP ratio is expected to fall to 86 % in the EU at the end of 2022 (94 % in the euro area) from the historically high level of 91.5 % recorded in 2020 (99 % in the euro area); whereas the debt-to-GDP ratio is expected to decline marginally in the EU to around 85 % in 2023 and 84 % in 2024 (92 % and 91 % in the euro area); whereas these unprecedented levels of public debt may represent a drag on the recovery, pose greater risk of a fiscal crisis and lead to large tax hikes;
2023/01/11
Committee: ECON
Amendment 34 #

2022/2150(INI)

Motion for a resolution
Recital D a (new)
D a. whereas fiscal consolidation with the clear intention of lowering the deficit and public debt must remain a priority of the Member States;
2023/01/11
Committee: ECON
Amendment 35 #

2022/2150(INI)

Motion for a resolution
Recital D b (new)
D b. whereas full and unambiguous enforcement of the fiscal rules by the Commission is necessary for their succesful implementation by the Member States;
2023/01/11
Committee: ECON
Amendment 36 #

2022/2150(INI)

Motion for a resolution
Recital D c (new)
D c. whereas the EU's low productivity and global competitiveness require urgent structural, growth enhancing reforms, well targeted investments in future proof infrastructure and the return to fiscal discipline;
2023/01/11
Committee: ECON
Amendment 43 #

2022/2150(INI)

Motion for a resolution
Paragraph 1
1. Is concerned that the EU is one of the most exposed advanced economies to downward risks, given its geographical proximity to Ukraine and heavy reliance on gasenergy imports, especially on gas from Russia; notes that the impact of high energy prices and inflation leads to the erosion of household purchasing power and industry competitiveness; highlights that a reduction in aggregate demand, combined with less favourable financing conditions, could lead to a sharp decline in investment and therefore in economic growth;
2023/01/11
Committee: ECON
Amendment 61 #

2022/2150(INI)

Motion for a resolution
Paragraph 2
2. Stresses that while the primary objective of the European Central Bank (ECB) is to maintain price stability, whereas the primary objective of the Union as a whole should be to minimise the impact of current turbulences on the real economy, thereby defending the wellbeing of its citizens and preserving its production structure and the international competitiveness of its companies; underlines, in this regard, the importance of adequate and coordinated fiscal, structural and regulatory policies and reforms that complement the ECB’s monetary policy actions, which are also capable of supporting household incomes and providing targeted support to companies suffering from supply bottlenecks and high energy costs;
2023/01/11
Committee: ECON
Amendment 73 #

2022/2150(INI)

Motion for a resolution
Paragraph 3 a (new)
3 a. Is concerned about the current public debt levels in the Member States and the macro-economic risks these debt levels entail; points out that these debt levels can only be sustained by sufficient economic growth and fiscal discipline;
2023/01/11
Committee: ECON
Amendment 74 #

2022/2150(INI)

3 b. Remains concerned about the low productivity growth in the EU;
2023/01/11
Committee: ECON
Amendment 75 #

2022/2150(INI)

Motion for a resolution
Paragraph 3 c (new)
3 c. Recalls that growth-friendly structural reforms do not require fiscal space, but rather political, legislative and administrative efforts aimed at strengthening efficiency of the public sector, market forces and private sector initiatives;
2023/01/11
Committee: ECON
Amendment 76 #

2022/2150(INI)

Motion for a resolution
Paragraph 3 d (new)
3 d. Strongly believes that greater European energy self-sufficiency, diversification of energy sources, enhanced intra-European energy connections and policies based on technology neutrality would strengthen the EU economy;
2023/01/11
Committee: ECON
Amendment 104 #

2022/2150(INI)

Motion for a resolution
Paragraph 6
6. Highlights the key role being played by the NRRPs in driving the Member States’ reform and investment agendas; recalls the absolute importance of reforms in bolstering recovery and future productivity growth and as enablers of investment; stresses the crucial role of especially private investments in boosting growth;
2023/01/11
Committee: ECON
Amendment 117 #

2022/2150(INI)

Motion for a resolution
Paragraph 7 – point b
(b) thorough monitoring by the European Parliament, ensuring the open, transparent and democratic scrutiny of the RRF’s implementation; paying particular attention to the provisions concerning measures to protect RRF resources from fraud, corruption, conflicts of interest and double funding;
2023/01/11
Committee: ECON
Amendment 121 #

2022/2150(INI)

Motion for a resolution
Paragraph 7 – subparagraph 1
welcomes the extension of these features to the European Semester and other instruments used for economic coordination;deleted
2023/01/11
Committee: ECON
Amendment 137 #

2022/2150(INI)

Motion for a resolution
Paragraph 9
9. Welcomes the publication of the Commission’s communication on orientations for a reform of the EU economic governance framework; expresses concern about its delay; stresses the need to adopt legislative proposals before time runs out and the general escape clause is removed and the current legislature comes to an endlooks forward to legislative proposals; underlines that the effectiveness of every framework depends on its proper enforcement;
2023/01/11
Committee: ECON
Amendment 147 #

2022/2150(INI)

Motion for a resolution
Paragraph 10
10. Agrees with the Commission’s orientations as regard the simplification of the framework, differences in Member States’ debt reduction paths, the use of a comprehensive debt sustainability analysis and the general escape clauses;
2023/01/11
Committee: ECON
Amendment 162 #

2022/2150(INI)

11. Notes the aim to stimulate investment and reforms by allowing Member States to have different debt reduction paths, provided that these enhance growth, improve debt sustainability, effectively lead to lower debt levels and are in line with the EU’s objectives, in particular those of the green and digital transition and social resilience; warns however that the possibility of different debt reduction plans should not come at the dispense of the predictability of the legal framework and must by no means lead to the unequal enforcement of that framework;
2023/01/11
Committee: ECON
Amendment 190 #

2022/2150(INI)

Motion for a resolution
Paragraph 12
12. Notes that while monetary policy is conceived and designed as a single instrument, the overall fiscal policy is the result of aggregating 19 individual fiscal policies; underlinnotes that, apart from the recommendation on the economic policy of the euro area, coordination of actions has thus far been limited and the situation and challenges of the euro area have not been easy to factor in; highlightobserves that it is still largely random if the aggregation of national fiscal policies results in a euro area fiscal stance which is appropriate and consistent with monetary policy; regrets that the Commission’s communication does not encompass rules or instruments that allow for the management of the euro area fiscal stance;
2023/01/11
Committee: ECON
Amendment 202 #

2022/2150(INI)

Motion for a resolution
Paragraph 13
13. Welcomes that lessons have been learned from the RRF process by promoting more ownership of ways of putting Member States in charge of designing their own national plans combining fiscal, reform and investment commitments within a common EU framework; greatly regrets that, unlike the RRF, the European Parliament is excluded from defining the overarching goals, guidance, criteria for the debt reduction path, investments, reforms and the underlying assumptions on which the comprehensive debt sustainability analysis is based; regrets that neither the involvement of national parliaments nor that of national stakeholders and civil society isis not mentioned under project design, implementation or subsequent scrutiny, which sets back ownership and democratic accountability;
2023/01/11
Committee: ECON
Amendment 222 #

2022/2150(INI)

Motion for a resolution
Paragraph 14 a (new)
14 a. Asks for the necessary respect for the principles of subsidiarity and proportionality; stresses that in line with the Treaties, Member States must continue to have sufficient flexibility in implementing an appropriate social policy and remain sovereign over their tax policy;
2023/01/11
Committee: ECON
Amendment 1 #

2022/2062(INI)

Motion for a resolution
Citation 1 a (new)
— having regard to Articles 41 - 43 of the Treaty establishing the European Atomic Energy Community,
2023/03/29
Committee: ECON
Amendment 3 #

2022/2062(INI)

Motion for a resolution
Citation 4 a (new)
— having regard to the EIB energy lending criteria of 25 July 2013,
2023/03/29
Committee: ECON
Amendment 5 #

2022/2062(INI)

Draft opinion
Paragraph 1 a (new)
1 a. Stresses the important role of the European Investment Fund (EIF) to improve access to finance for European smaller companies, mid-caps and start- ups and thereby its support to entrepreneurship, growth, innovation, research and development, and employment in the Union; points out that the backbone of a successful industrial policy, especially for SME's, is a stable baseload energy supply; highlights the merits of and the innovation in nuclear power in this regard;
2023/04/03
Committee: BUDG
Amendment 9 #

2022/2062(INI)

Motion for a resolution
Recital A a (new)
A a. whereas under the Articles 41 - 43 of the Euratom Treaty, the EIB has a legal base to support nuclear projects for civil purposes;
2023/03/29
Committee: ECON
Amendment 10 #

2022/2062(INI)

Draft opinion
Paragraph 2
2. Welcomes the financial assistance provided to Ukraine; notes the EIB’s engagement in Ukraine complements EU budget finance under MFA and the new MFA+; emphasizes the fact that EIB finance is often linked to concrete projects with high socio-economic impact, channelling EU technical expertise to these projects and enabling a higher degree of leveraging of EU budget funds; calls for additional budgetary resources to allow for continued EU guarantees for projects in Ukraine under NDICI and for new initiatives to increase EIB lending in Ukraine in support of the recovery and reconstruction;
2023/04/03
Committee: BUDG
Amendment 18 #

2022/2062(INI)

Draft opinion
Paragraph 3
3. Awaits the review of the Climate Bank Roadmap ahead of COP28; expects full alignment with the 1.5 degree pathway, including the exclusion of blue hydrogen infrastructure and road and highway financing, and the requirement to conduct a solid assessment of less carbon-intensive alternatives and ‘Scope 3’ emissions; notes that the EIB has a supportive approach towards nuclear energy as outlined in its lending criteria of 25 July 2013; invites the EIB to look into the economic and decarbonisation potential of new nuclear technologies; reminds that cleantech start-ups have massive capital needs from day one; highly welcomes the EIB's contribution to support the REPowerEU Plan with an additional €30 billion in loans and equity financing over the next five years; notes these additional funds will be directed to renewables, energy efficiency, grids and storage, electric- vehicle charging infrastructure, and breakthrough technologies, such as low- carbon hydrogen;
2023/04/03
Committee: BUDG
Amendment 30 #

2022/2062(INI)

Draft opinion
Paragraph 5
5. Reiterates its callNotes the Paris Alignment for Counterparties (PATH) framework in support of REPowerEU provides an exception for EIB to work only with clients anompanies still involved financial intermediaries that have credible decarbonisation plans; opposes activities deemed incompatible with the Paris Agreement, such as oil and gas majors, in the context of highly innovative green projects; welcomes the decision by EIB to extend these exemptions granted under the Paris Alignment for Counterparties (PATH) framework in support of REPowerEU; calls for a halt to fossil fuel financing; to all renewable energy projects and electric-vehicle charging in response to the emergency energy situation in the EU following the war of agression in Ukraine and the objective of ending dependency on Russian fossil-fuel imports; reminds that all recipients of EIB financing are contractually required to create and publish a credible Paris- alignment strategy (“decarbonization plans”), which will include mid-term, rolling, quantitative emission reduction targets and options over a longer time horizon to achieve carbon neutrality towards mid-century;
2023/04/03
Committee: BUDG
Amendment 47 #

2022/2062(INI)

Draft opinion
Paragraph 6
6. Calls on EIB Global to deWelcomes the EIB's support of the EU's Global Gateway initiative by launching a Global Gateway Fund intended to provisde a strategy centred on development additionalityequity and debt financing for high-impact infrastructure, clean energy and human development projects around the world;
2023/04/03
Committee: BUDG
Amendment 53 #

2022/2062(INI)

Draft opinion
Paragraph 7
7. Is concerned that the EIB has, at least once, failed to conduct a full inquiry into allegWelcomes the fact that any allegations of maladministrations of bribery and misuse of funds involving a financial intermediary outside the EU; calls on the EIB to reopen all such caser malpractice are taken extremely seriously and examined in detail by the EIB’s Inspectorate General; notes that the EIB remains committed to continuously improving its due diligence and anti-fraud procedures and safeguards;
2023/04/03
Committee: BUDG
Amendment 66 #

2022/2062(INI)

Draft opinion
Paragraph 9
9. Is concerned that the transparency and harm prevenUrges the EIB to implement the European Ombudsman’s recommendations of EIB intermediated investments have fallen behind other public financial institutions, rating only fair on the 2022 Aid Transparency Index3; recalls that the EIB’s 2021 Transparency Policy runs counter to the p21 April 20224; reminds the EIB Group Transparency Policy is fully based on EU legislation which clearly states that “all information and documents held by the Bank are sumption ofbject to disclosure;urges the EIB to swiftlyimplement the European Ombudsman’s recommendations of 21 April 20224. _________________ 3 Publish What You Fund, 2022 Aid Transparency Index, 2022. upon request, unless there is a compelling reason for non-disclosure.”4a. _________________ 4 Decisions of the European Ombudsman of 21 April 2022 in Cases 1065/2020/PB, 1251/2020/PB and 1252/2020/PB. 4a Regulation 1049/2001 on public access to European Parliament, Council and Commission documents, article 5.1.
2023/04/03
Committee: BUDG
Amendment 80 #

2022/2062(INI)

Motion for a resolution
Paragraph 17 a (new)
17 a. points out that the back bone of a successful industrial policy, especially for SME's, is stable base load energy supply; highlights the merits of and the innovation in nuclear power in this regard;
2023/03/29
Committee: ECON
Amendment 90 #

2022/2062(INI)

Motion for a resolution
Paragraph 19 a (new)
19 a. Notes that the EIB has a supportive approach towards nuclear energy as outlined in its lending criteria of 25 July 2013; invites the EIB to look into the economic and decarbonisation potential of new nuclear technologies;
2023/03/29
Committee: ECON
Amendment 1 #

2022/2037(INI)

Motion for a resolution
Citation 1 a (new)
— having regard the ECB Study on the payment attitudes of consumers in the euro area (SPACE) of December 2020,
2022/10/14
Committee: ECON
Amendment 11 #

2022/2037(INI)

Motion for a resolution
Citation 10
— having regard to Articles 123, 127(1) and (2), 130 and 284(3) of the Treaty on the Functioning of the European Union,
2022/10/14
Committee: ECON
Amendment 23 #

2022/2037(INI)

Motion for a resolution
Recital A
A. whereas according to the ECB projections of September 2022, economic growth will decline from 3.1 % in 2022 to 0.9 % in 2023, before recovering to 2.3 % in 2024; whereas the outlook for euro area activity is surrounded by a high degree of uncertainty, related to the development of the war in Ukraine, inflation and the energy crisis, with a number of independent forecasts predicting a recession;
2022/10/14
Committee: ECON
Amendment 25 #

2022/2037(INI)

Motion for a resolution
Recital B
B. whereas greenflation and Russia’s unprovoked aggression against Ukraine has severely hit confidence, caused energy and food prices to soar and, in conjunction with other supply-side disruptions in China, compounded existing supply chain pressures;
2022/10/14
Committee: ECON
Amendment 40 #

2022/2037(INI)

Motion for a resolution
Recital D
D. whereas acting within its mandate, the ECB has committed to contributing to the objectives of the Paris Agreement, without any prejudice to the primary objective of price stability, the ECB should also support the general economic policies in the Union with a view to contributing to the achievement of the objectives of the Union as laid down in Article 3 TEU;
2022/10/14
Committee: ECON
Amendment 48 #

2022/2037(INI)

Motion for a resolution
Recital E a (new)
E a. whereas a monetary union can only exist with fiscal responsibility and efficient markets within the Member States;
2022/10/14
Committee: ECON
Amendment 50 #

2022/2037(INI)

Motion for a resolution
Recital E b (new)
E b. whereas the ECB's legitimacy is closely linked to its mandate of maintaining price stability;
2022/10/14
Committee: ECON
Amendment 51 #

2022/2037(INI)

Motion for a resolution
Recital E c (new)
E c. whereas Article 123 TFEU and Article 21 of the Statute of the European System of Central Banks and of the European Central Bank prohibit the monetary financing of governments;
2022/10/14
Committee: ECON
Amendment 54 #

2022/2037(INI)

Motion for a resolution
Paragraph 1
1. Is deeply concerned by the record high levels of inflation, the flawed interpretation by the ECB of the evolution of the inflation and the pace at which the ECB takes action against it, as well as by the unprovoked Russian invasion of Ukraine and by its repercussions for the European economy;
2022/10/14
Committee: ECON
Amendment 63 #

2022/2037(INI)

2. Highlights that the, while respecting the ECB's statutory independence of the ECB, as laid down in the Treaties, is a prerequisite for it to fulfil its mandatethat the primary objective of monetary policy and of the ECB's mandate is to maintain price stability; considers this as an absolute prerequisite for it to fulfil its mandate and its most powerful tool to fight inflation;
2022/10/14
Committee: ECON
Amendment 74 #

2022/2037(INI)

Motion for a resolution
Paragraph 3 a (new)
3 a. calls on the ECB to step up the speed and determination to raise interest rates as long as the ECB's forecasts remain unchanged;
2022/10/14
Committee: ECON
Amendment 75 #

2022/2037(INI)

Motion for a resolution
Paragraph 3 b (new)
3 b. calls on the ECB to develop a credible communication strategy backed up by swift and tangible action to convince European citizens that the ECB means business fighting inflation;
2022/10/14
Committee: ECON
Amendment 76 #

2022/2037(INI)

Motion for a resolution
Paragraph 3 c (new)
3 c. Calls on the ECB to monitor the single currency's external value and its interaction with other developed economies, while focusing on price stability, to avoid 'imported inflation'; notes that the Euro's slide against the Dollar gives particular rise to concern, given that energy derivatives are traded in Dollar; observes that the recent in decline in the Euro/Dollar exchange rate is therefore a contributor to energy price inflation; is convinced that more diversification in energy sources and a stronger European economy can reduce this risk in the future;
2022/10/14
Committee: ECON
Amendment 83 #

2022/2037(INI)

Motion for a resolution
Paragraph 4
4. Notes that fiscal and monetary policies have reinforced each other during the pandemic; stresses that maintaining price stability today requires even closer coordination between fiscal, monetary and structural policies, as addressing supply- side shocks requires greater supply-chain resilience and a shift away from fossil fuelsmore predictable investment framework;
2022/10/14
Committee: ECON
Amendment 90 #

2022/2037(INI)

Motion for a resolution
Paragraph 5
5. WelcomesDisagrees with President Lagarde’s statement that the current geopolitical crisis requires us to progress on EU fiscal integration; recalls that the Economic and Monetary Union cannot function smoothly without a fiscal capacity at European level to respond to external shocksound budgets in the Member States, as laid down in the Treaties;
2022/10/14
Committee: ECON
Amendment 105 #

2022/2037(INI)

Motion for a resolution
Paragraph 6
6. EchoesTakes note of President Lagarde’s call for a swift revision and simplification of the Stability and Growth Pact; recognizes however the merits of the Stability and Growth Pact in giving Member States clarity with respect to its fiscal policies; deplores that the suspension of the budgetary framework risks causing harmful effects to the internal market;
2022/10/14
Committee: ECON
Amendment 125 #

2022/2037(INI)

Motion for a resolution
Paragraph 8
8. Takes note of recent ECB monetary policy decisions to raise rates by 50 and 75 basis points in July and September 2022; is concerned about the implications of such policy decisions for growth and employmentpace at which the ECB took these policy decisions in comparison with other central banks;
2022/10/14
Committee: ECON
Amendment 137 #

2022/2037(INI)

Motion for a resolution
Paragraph 9
9. Observes that there is little evidence that rising inflation is spurring a wage-price spiral, not least given the extent of wage restraint in recent years;
2022/10/14
Committee: ECON
Amendment 155 #

2022/2037(INI)

Motion for a resolution
Paragraph 10
10. Recalls that the ECB strategy review reconfirmed the medium-term orientation of inflation targeting; calls on the ECB to faithfully target this medium- term horizon; invites the ECB to define the concept of "medium term";
2022/10/14
Committee: ECON
Amendment 158 #

2022/2037(INI)

Motion for a resolution
Paragraph 11
11. WelcomDeplores the ECB’s decision not to engage in quantitative tightening;
2022/10/14
Committee: ECON
Amendment 169 #

2022/2037(INI)

Motion for a resolution
Paragraph 12
12. Stresses that an even transmission of monetary policy is vital to the achievement of the ECB’s price stability mandate; notes the ECB’s decision on 15 June 2022 to apply flexibility in reinvesting redemptions that are due under the pandemic emergency purchase programme; welcomesIs critical of the launch of the Transmission Protection Instrument to support the effective transmission of monetary policy across the euro area;
2022/10/14
Committee: ECON
Amendment 199 #

2022/2037(INI)

Motion for a resolution
Paragraph 14
14. Recalls that, with respect to the statutory independence of the ECB, the Treaty on the Functioning of the European Union requires the ECB to support the general economic policies of the Union as a secondary objective;
2022/10/14
Committee: ECON
Amendment 206 #

2022/2037(INI)

Motion for a resolution
Paragraph 15
15. Calls on the ECB to coordinate with the European Parliament to specify the secondary objectives; suggests taking advantage of this resolution to specify and prioritise the policy areas where the ECB is expecteddeliver on its primary objective, as this will enable the ECB to deliver on its secondary objectives as well;
2022/10/14
Committee: ECON
Amendment 219 #

2022/2037(INI)

Motion for a resolution
Paragraph 16
16. Considers high levels of sustainable growth and investment to be key economic goals; calls on the ECB to consider how its monetary policy stance will impact those objectivesobserves that years of low interest rates doped the economy;
2022/10/14
Committee: ECON
Amendment 223 #

2022/2037(INI)

Motion for a resolution
Paragraph 17
17. Underlines the pivotal role of the private sector in general and small and medium-sized enterprises (SMEs) specifically in the EU’s economy and economic and social convergence and employment;
2022/10/14
Committee: ECON
Amendment 232 #

2022/2037(INI)

Motion for a resolution
Paragraph 18
18. Reaffirms that achieving the Union’s climate goals and ensuring a just transition are the top prioritiesone of the many of the EU’s general economic policies, which the ECB is expected to support;
2022/10/14
Committee: ECON
Amendment 238 #

2022/2037(INI)

Motion for a resolution
Paragraph 19
19. Considers that the ECB should contribute to reducing inequality; calls on the ECB to ensure that the costs of its monetary policy operations aredo not disproportionately borne by lowenefit higher income strata; invites the ECB to properly assess the effects of its monetary policy decisions on employment;
2022/10/14
Committee: ECON
Amendment 245 #

2022/2037(INI)

Motion for a resolution
Paragraph 20
20. Stresses that addressing the climate emergency and the euro area’s dependence on fossil fuelthe energy policies of the last decade fuels greenflation and thus touches not only upon the ECB’s secondary mandate, but also its primary mandate, given the serious threat these issues pose to price stability;
2022/10/14
Committee: ECON
Amendment 257 #

2022/2037(INI)

Motion for a resolution
Paragraph 21
21. WelcomNotes the Governing Council’s decision to take further steps to include climate change considerations in the Eurosystem’s monetary policy framework;
2022/10/14
Committee: ECON
Amendment 261 #

2022/2037(INI)

Motion for a resolution
Paragraph 22
22. WelcomNotes the ECB’s announcement to decarbonise its corporate bond holdings; calls foron the ‘tilting’ of the ECB’s portfolio to be swift rather than gradualECB to look into the risk of green asset bubbles and its possible effect on price stability;
2022/10/14
Committee: ECON
Amendment 268 #

2022/2037(INI)

Motion for a resolution
Paragraph 23
23. Welcomes, furthermore,Takes note of the announcement on the greening of the ECB’s collateral framework; regrets, however, that this will be limited to instruments issued by non-financial corporations, which represent only a small fraction of the instruments that banks pledge as collateral;
2022/10/14
Committee: ECON
Amendment 277 #

2022/2037(INI)

Motion for a resolution
Paragraph 24
24. RegretUnderstands that the climate roadmap does not include greening of the ECB’s targeted long-term refinancing operations; stresses that providing cheap liquidity to financial institudiversifications investing in brown activities works against the fight against inflation and is not energy sources works against inflation and could perfectly be consistent with the objectives of the Paris Agreement;
2022/10/14
Committee: ECON
Amendment 287 #

2022/2037(INI)

Motion for a resolution
Paragraph 25
25. Is concerned about the implications ofNotes the higher interest rates for green investments; calls on the ECB to assess the possibility of applying differentiated rates to support green investments and disincentivise brown investmentsrespect the principle of market neutrality;
2022/10/14
Committee: ECON
Amendment 296 #

2022/2037(INI)

Motion for a resolution
Paragraph 26
26. Welcomes the ECB climate risk stress test aimed at assessing the climate risk preparedness of the European banking sector; is concernedobserves that the results published on 8 July 2022 show that banks do notnot all banks have robust climate risk stress- testing frameworks and lack the relevant data; calls on the ECB to use all its available tools to ensure that banks take climate risk seriouslyprovide workable guidance and reduce red tape;
2022/10/14
Committee: ECON
Amendment 309 #

2022/2037(INI)

Motion for a resolution
Paragraph 27 a (new)
27 a. Invites the ECB to engage in a dialogue with national parliaments; believes that this would strengthen the legitimacy and the policies of the ECB;
2022/10/14
Committee: ECON
Amendment 311 #

2022/2037(INI)

27 b. Welcomes the attention the ECB pays to the risks of cyber attacks; encourages the ECB to maintain this attention, especially in light of the geopolitical context;
2022/10/14
Committee: ECON
Amendment 312 #

2022/2037(INI)

Motion for a resolution
Paragraph 27 c (new)
27 c. Is concerned about the divergence of TARGET2 balances within the European System of Central Banks;
2022/10/14
Committee: ECON
Amendment 313 #

2022/2037(INI)

Motion for a resolution
Paragraph 27 d (new)
27 d. Urges the ECB to be vigilant to an increase of the ratio of non performing loans on bank balance sheets, after a decade of very accommodative monetary policies and two important recent crises in a couple of years, with detrimental effect to the EU economy;
2022/10/14
Committee: ECON
Amendment 314 #

2022/2037(INI)

Motion for a resolution
Paragraph 28
28. RegretsTakes note of the fact that only two members of the ECB’s Executive Board and Governing Council are women; reiterates that the nominations to the Executive Board should be gender- balanced, with shortlists submitted to Parliament; insists that a job should always be appointed to the best woman or man;
2022/10/14
Committee: ECON
Amendment 322 #

2022/2037(INI)

Motion for a resolution
Paragraph 31
31. WelcomesTakes note of the ECB’s progress on the digital euro project, asyet well acomes the dialogue with Parliament in this regard; looks forward to the Governing Council reaching a decision on launching the digital eurounderlines that a decision on launching the digital euro should be based on a sound legal basis, must respect competition in the banking landscape, must not endanger the existence or use of cash, must respect the privacy of citizens and business and it should provide a solution to a real problem;
2022/10/14
Committee: ECON
Amendment 30 #

2022/2006(INI)

Motion for a resolution
Recital D
D. whereas the crisis caused by the COVID-19 pandemic and the subsequent lockdowns led to an increase in social, territorial, and economic and gender- based inequalities;
2022/01/20
Committee: ECON
Amendment 50 #

2022/2006(INI)

Motion for a resolution
Recital F a (new)
Fa. whereas unprecedented levels of public debt may represent a drag on the recovery, pose greater risk of a fiscal crisis and lead to large tax hikes;
2022/01/20
Committee: ECON
Amendment 53 #

2022/2006(INI)

Motion for a resolution
Recital F b (new)
Fb. whereas the fiscal consolidation with the clear intention of lowering the deficit and public debt must remain a priority of the Member States;
2022/01/20
Committee: ECON
Amendment 56 #

2022/2006(INI)

Motion for a resolution
Recital F c (new)
Fc whereas full and unambiguous enforcement of the fiscal rules by the Commission is necessary for their successful implementation by the Member States;
2022/01/20
Committee: ECON
Amendment 57 #

2022/2006(INI)

Motion for a resolution
Recital F d (new)
Fd. whereas the EU's low productivity and global competitiveness require urgent structural, growth enhancing reforms, well targeted investments in future proof infrastructure and the return to fiscal discipline;
2022/01/20
Committee: ECON
Amendment 62 #

2022/2006(INI)

Motion for a resolution
Paragraph 1
1. Notes that the European economy is recovering faster than expected from the devastating impact of the global pandemicCOVID- 19 pandemic and the subsequent lockdowns; underlines the crucial importance that timely policy interventions have played and will continue to play in mitigating the impact of the pandemic on the European economy;
2022/01/20
Committee: ECON
Amendment 71 #

2022/2006(INI)

Motion for a resolution
Paragraph 2
2. Is concernedremains vigilant about emerging new variants, and localised pandemic lockdowns,; is deeply concerned about increased energy prices, inflationary pressure, supply-side disruptions and emerging labour shortages; notes that these risks could hamper economic growth prospects in the coming months and delay the transition to a more sustainable and future-proof economy;
2022/01/20
Committee: ECON
Amendment 116 #

2022/2006(INI)

Motion for a resolution
Paragraph 6 a (new)
6a. Is concerned about the current public debt levels in the Member States and the macro-economic risks these debt levels entail; points out that these debt levels can only be sustained by sufficient economic growth and fiscal discipline;
2022/01/20
Committee: ECON
Amendment 119 #

2022/2006(INI)

Motion for a resolution
Paragraph 7
7. BelievePoints out that the current fiscal framework has proven to provide flexibility in times of crisis; believes nonetheless that thea review of the EU’s economic governance framework is necessary; agrees withcould be beneficial, in order to improve the enforcement of the rules as well as lowering the public debt levels in the Member States; takes note of the position of the European Fiscal Board on the importance of having a clear pathway towards a reviewed fiscal framework, preferably prior to the deactivation of the general escape clause;
2022/01/20
Committee: ECON
Amendment 167 #

2022/2006(INI)

Motion for a resolution
Paragraph 9
9. Considers that it is crucial to coordinate national reform anhat Member States implement structural reforms, pursue targeted investment efforts and the exchange of best practices in order to increase the convergence and resilience of our economies, promote sustainable and inclusive growth, and improve institutional frameworks;
2022/01/20
Committee: ECON
Amendment 174 #

2022/2006(INI)

Motion for a resolution
Paragraph 9 a (new)
9a. Remains concerned about the low productivity growth in the EU;
2022/01/20
Committee: ECON
Amendment 177 #

2022/2006(INI)

Motion for a resolution
Paragraph 9 b (new)
9b. Recalls that growth-friendly structural reforms do not require fiscal space, but rather political, legislative and administrative efforts aimed at strengthening efficiency of the public sector, market forces and private sector initiatives;
2022/01/20
Committee: ECON
Amendment 218 #

2022/2006(INI)

Motion for a resolution
Paragraph 12
12. Notes that many Member States are having to contend with old and new structural challenges that are hindering their growth potential; highlights, therefore, that tackling structural challenges is crucial for a sustainable recovery and continued growth; takes the view that implementing growth enhancing reforms to address old and new structural vulnerabilities is key not only to improving the ability to withstand and cope with existing challenges, but also to accomplishing the twin transitions in a sustainable, fair and inclusive manner and to reducing social inequalities; points to the lack of national ownership as one of the main weaknesses in enacting reforms aimed at addressing structural deficiencies;
2022/01/20
Committee: ECON
Amendment 246 #

2022/2006(INI)

Motion for a resolution
Paragraph 14 a (new)
14a. Asks for the necessary respect for the principles of subsidiarity and proportionality; stresses that in line with the Treaties, Member States must continue to have sufficient flexibility in implementing an appropriate social policy and remain sovereign over their tax policy;
2022/01/20
Committee: ECON
Amendment 126 #

2022/0411(COD)

Proposal for a regulation
Recital 35
(35) Under Article 17(1) of Regulation (EU) 2017/1129, where the final offer price and amount of securities offered to the public cannot be included in the prospectus, the investor has a withdrawal right which can be exercised within 2 working days after the final offer price or amount of securities to be offered to the public has been filed. To increase the level of investor protection, the period during which investor can exercise that withdrawal right should be extended. It is however important to limit the administrative burdens for issuers. Therefore, where the final offer price of securities only differs slightly from the maximum price that was disclosed in the prospectus, issuers should not be required to publish a supplement.
2023/07/13
Committee: ECON
Amendment 131 #

2022/0411(COD)

Proposal for a regulation
Recital 56
(56) Article 11(4) of Regulation (EU) No 596/2014 provides that the disclosure of inside information in the course of a market sounding is deemed to be made in the normal exercise of a person’s employment, profession or duties, and therefore does not constitute unlawful disclosure of inside information, where the disclosing market participant complies with the requirements laid down in Article 11(3) and (5) of that Regulation. In order to avoid an interpretation whereby disclosing market participants carrying out market sounding are obliged to comply with all the requirements set out in Article 11(5) of Regulation (EU) No 596/2014, it should be specified that the market sounding regime and the related requirements are a mere option for the disclosing market participants to benefit from the protection from the allegation of unlawful disclosure of inside information. At the same time, while there should be no presumption that disclosing market participants that do not comply with the requirements set out in Article 11 of Regulation (EU) No 596/2014 when conducting a market sounding have unlawfully disclosed inside information, those disclosing market participants should not be able to take advantage of the protection afforded to those that choose to comply with those requirements. To ensure the possibility for competent authorities to obtain an audit trail of a process that may imply disclosure of inside information to third parties, it should also be specified that the requirements set out in Article 11(3) of Regulation (EU) No 596/2014 are mandatory for all disclosing market participants.
2023/07/13
Committee: ECON
Amendment 132 #

2022/0411(COD)

Proposal for a regulation
Recital 58
(58) The prohibition of insider dealing has the objective to prevent any possible exploitation of inside information and should apply as soon as that information is available. The requirement to disclose inside information aims to enable investors to take well-informed decisions. When information is disclosed at a very early stage and is of a preliminary nature, it may mislead investors, rather than contribute to efficient price formation andby addressing the information asymmetry. In a protracted process, given the different iterations information has still to go through, the information related to intermediate steps is not sufficiently mature and hence should not be disclosed. In that case, the issuer should only disclose the information related to the event that this protracted process intends to bring about, at the moment when such information is sufficiently precise, such as when the management board has taken the relevant decision to bring about that event. In the case of non-protracted processes related to one-off events, notably when the occurrence of those events does not depend on the issuer, the disclosure should take place as soon as the issuer becomes aware of that event, thus enabling investors to take well-informed decisions in a timely manner.
2023/07/13
Committee: ECON
Amendment 133 #

2022/0411(COD)

Proposal for a regulation
Recital 59
(59) To facilitate the assessment of the moment of disclosure of the relevant information by the issuer and ensure a consistent interpretation of the requirement, the Commission should be empowered to adopt a delegated act to set out a non-exhaustive list of relevant information, and, for each information, the moment when the issuer could be reasonably expected to disclose it.deleted
2023/07/13
Committee: ECON
Amendment 138 #

2022/0411(COD)

Proposal for a regulation
Recital 62
(62) Article 18(1) of Regulation (EU) No 596/2014 obliges issuers and any person acting on their behalf or on their account to draw up and to keep updated a list of all persons who have access to inside information and who are working for them under a contract of employment, or otherwise perform tasks through which they have access to inside information, including advisers, accountants and credit rating agencies. Article 18(6) of Regulation (EU) No 596/2014, however, restricts that obligation for issuers whose financial instruments are admitted to trading on an SME growth market. Those issuers are to include in their insider lists only those persons who, due to the nature of their function or position within the issuer, have regular access to inside information. Given the availability of other existing supervisory enforcement tools, it is appropriate to use the same approach for all issuers, rather than only for issuers whose financial instruments are admitted to trading on an SME growth market.
2023/07/13
Committee: ECON
Amendment 140 #

2022/0411(COD)

Proposal for a regulation
Recital 63
(63) In some Member States, insider lists are considered particularly important for ensuring a high level of market integrity. For that reason, Article 18(6), second subparagraph, of Regulation (EU) No 596/2014 allows Member States to require issuers on SME growth markets to draw up the more extensive insider lists that include all persons who have access to inside information, however, on the basis of an alleviated format, requiring less information. To avoid excessive regulatory burden, while maintaining the essential information for competent authorities to investigate market abuse breaches, such an alleviated format should be used for all insider lists. Nevertheless, the option for Member States set out in Article 18(6), second subparagraph, of Regulation (EU) No 596/2014 should be maintained, provided that its use is justified by national market integrity concerns, and provided that it is only used in relation to issuers whose securities have been admitted to trading on a regulated market for at least the last 5 years. To ensure proportionate treatment of SMEs, that option should not be used for SME growth markets. To facilitate companies’ first time access to regulated markets as well as the companies’ transition from SME growth markets to regulated markets, issuers whose securities have been admitted to trading on a regulated market for less than 5 years should also not be obliged to draw up more extensive lists.deleted
2023/07/13
Committee: ECON
Amendment 144 #

2022/0411(COD)

Proposal for a regulation
Recital 68
(68) The increasing integration of markets heightens the risk of cross-border market abuses. To protect market integrity, competent authorities should cooperate in a swift and timely manner, also with ESMA. To strengthen such cooperation, ESMA should be able to act, on its own initiative or on request by one or more competent authorities, to facilitate the collaboration of competent authorities with a possibility to coordinate the investigation or inspection that has cross-border effect. Collaboration platforms established by the European Insurance and Occupational Pensions Authority have proven to be useful as a supervisory tool to strengthen the exchange of information and to enhance collaboration among authorities. It is therefore appropriate to introduce the possibility also for ESMA, on its own initiative or on request by one or more competent authorities, to set up and coordinate such platforms in the field of securities markets when there are concerns about market integrity or the good functioning of markets. Considering the strong relations between financial and spot markets, ESMA should also be able to set up such platforms also with public bodies monitoring wholesale commodity markets, including the Agency for the Cooperation of Energy Regulators (ACER), when such concerns affect both financial and spot markets.
2023/07/13
Committee: ECON
Amendment 145 #

2022/0411(COD)

Proposal for a regulation
Recital 69
(69) The monitoring of order book data is crucial for the surveillance of market activity across both multilateral and bilateral trading systems. Competent authorities should therefore have easy access to data that they need for their supervisory activity. Some of those data concern instruments that are traded in a tradingn execution venue located in another Member State. To enhance the effectiveness of supervision, competent authorities should set up a mechanism to exchange order book data on an ongoing basis. Considering its technical expertise, ESMA should draft implementing technical standards specifying the arrangements required by that mechanism for the exchange of order book among competent authorities. To ensure that the scope of that mechanism for exchanging order book data is proportionate in relation to its use, only competent authorities that supervise markets that have a high level of cross-border activity should be obliged to participate to that mechanism. The level of cross-border dimensions should be determined by the Commission in a delegated act. Furthermore, that mechanism for exchanging order book data should at first only concern shares, bonds and futures, considering the relevance of those financial instruments in terms of both cross-border trading and market manipulation. However, to ensure that such mechanism for exchanging order book data takes into account developments in financial markets and the capacity of competent authorities to process new data, the Commission should be empowered to broaden the scope of instruments the order book data of which can be exchanged through that mechanism.
2023/07/13
Committee: ECON
Amendment 148 #

2022/0411(COD)

Proposal for a regulation
Recital 71
(71) Administrative sanctions imposed in cases of infringements related to the disclosure regime (public disclosure of inside information, insider lists and managers’ transactions) are set out as a minimum of the maximum, which allows Member States to set a higher level of the maximum sanctions in national law. The risk of inadvertent breach of disclosure requirements under Regulation (EU) No 596/2014 and associated administrative sanctions are an important factor that dissuades companies from seeking admission to trading. To avoid an excessive burden on companies, in particular SMEs, the sanctions for infringements committed by legal persons in relation to disclosure requirements should be proportionate to the size of the company, while considering all relevant circumstances under Article 31 of Regulation (EU) No 596/2014. Those sanctions should be determined based on the total annual turnover of the company. The sanctions determined based on absolute amounts should be applied exceptionally and only if competent authorities deem that the amount of the administrative sanction based on the total annual turnover would be disproportionately low in light of the circumstances set out in Article 31 of Regulation (EU) No 596/2014. In those cases, it is also appropriate to lower the minimum of the maximum level of sanctions for SMEs, as expressed in absolute amounts, in order to ensure their proportionate treatment.
2023/07/13
Committee: ECON
Amendment 167 #

2022/0411(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point d
Regulation (EU) 2017/1129
Article 1 – paragraph 6
6. The exemptions from the obligation to publish a prospectus that are set out in paragraphs 4 and 5 may be combined together. However, the exemptions that are set out in paragraphs 4 and 5 may not be combined with the exemption set out in the second paragraph of Article 3. Moreover, the exemptions in paragraph 5, first subparagraph, points (a) and (b), shall not be combined together where such combination could lead to the immediate or deferred admission to trading on a regulated market over a period of 12 months of more than 40 % of the number of shares of the same class already admitted to trading on the same regulated market, without a prospectus being published.;
2023/07/13
Committee: ECON
Amendment 170 #

2022/0411(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 3
Regulation (EU) 2017/1129
Article 3 – paragraph 2 – subparagraph 1 – introductory part
Without prejudice to Article 4, a Member State shall exempt offers of securities to the public shall be exempted from the obligation to publish a prospectus set out in paragraph 1 provided that:
2023/07/13
Committee: ECON
Amendment 171 #

2022/0411(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 3
Regulation (EU) 2017/1129
Article 3 – paragraph 2 – subparagraph 1 – point b
(b) the total aggregated consideration in the Union for the securities offered is less than EUR 126 000 000 per issuer or offeror calculated over a period of 12 months.
2023/07/13
Committee: ECON
Amendment 173 #

2022/0411(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 3
Regulation (EU) 2017/1129
Article 3 – paragraph 2 – subparagraph 2
The total aggregated consideration for the securities offered to the public, as referred to in the first subparagraph, point (b), shall take into account the total aggregated consideration of all ongoing offers and offers of securities made to the public withat have been made in the 12 months preceding the start date of a new offer of securities to the public, except for those offers of securities to the public that were subject to any exemption from the obligation to publish a prospectus pursuant to Article 1(4), first subparagraph and offers for which a prospectus has been published.
2023/07/13
Committee: ECON
Amendment 211 #

2022/0411(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 14
Regulation (EU) 2017/1129
Article 15a – title
Article 15a EU Growth issuance documentProspectus (This amendment applies throughout the text.)
2023/07/13
Committee: ECON
Amendment 212 #

2022/0411(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 14
Regulation (EU) 2017/1129
Article 15a – paragraph 1 – subparagraph 3
The total aggregated consideration for the securities offered to the public, as referred to in the first subparagraph, point (c), shall take into account the total aggregated consideration of all ongoing offers and offers of securities made to the public withat have been made in the 12 months preceding the start date of a new offer of securities to the public, except for those offers of securities to the public that were subject to any exemption from the obligation to publish a prospectus in accordance with Article 1(4), first subparagraph, or pursuant to Article 3(2) and offers for which a prospectus has been published.
2023/07/13
Committee: ECON
Amendment 217 #

2022/0411(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 16 – point b
Regulation (EU) 2017/1129
Article 17 – paragraph 2
(b) in paragraph 2, the following subparagraph is added: ‘ Where the final offer price referred to in the first subparagraph differs by no more than 20 % from the maximum price disclosed in the prospectus as referred to in paragraph 1, point (b)(i), the issuer shall not be required to publish a supplement in accordance with Article 23(1).; ’deleted
2023/07/13
Committee: ECON
Amendment 218 #

2022/0411(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 17 – point a – point i
(i) the introductory wording is replaced by the following: ‘ Information that is to be included in a prospectus pursuant to this Regulation and the delegated acts adopted on the basis of it, shall be incorporated by reference in that prospectus where it has been previously or simultaneously published electronically, drawn up in a language fulfilling the requirements of Article 27 and where it is contained in one of the following documents:; ’deleted
2023/07/13
Committee: ECON
Amendment 221 #

2022/0411(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 17 – point b
Regulation (EU) 2017/1129
Article 19 – paragraph 1b
1b. An issuer, an offeror or a person asking for admission to trading on a regulated market shall not be required to publish a supplement pursuant to Article 23(1) for updating the annual or interim financial information incorporated by reference in a base prospectus that is still valid under Article 12(1).;deleted
2023/07/13
Committee: ECON
Amendment 225 #

2022/0411(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 18 – point b
Regulation (EU) 2017/1129
Article 20 – paragraph 6b
(b) the following paragraph 6b is inserted: ‘ 6b. By way of derogation from paragraphs 2 and 4, the time limits set out in paragraph 2, first subparagraph, and paragraph 4 shall be reduced to 7 working days for an EU Follow-on prospectus. The issuer shall inform the competent authority at least 5 working days before the date envisaged for the submission of an application for approval.; ’deleted
2023/07/13
Committee: ECON
Amendment 231 #

2022/0411(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 18 – point c
Regulation (EU) 2017/1129
Article 20 – paragraph 11 – subparagraph 1 – point c
(c) the maximum timeframe for a competent authority to finalise the scrutiny of the prospectus and to reach a decision on whether that prospectus is approved, or whether the approval is refused and the review process terminadeleted.
2023/07/13
Committee: ECON
Amendment 232 #

2022/0411(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 18 – point c
Regulation (EU) 2017/1129
Article 20 – paragraph 11 – subparagraph 2
The maximum timeframe referred to in point (c) shall include any competent authority’s requests to issuers to change the prospectus or provide supplementary information, as referred to in paragraph 4.;deleted
2023/07/13
Committee: ECON
Amendment 233 #

2022/0411(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 18 – point d
Regulation (EU) 2017/1129
Article 20 – paragraph 13
(d) paragraph 13 is replaced by the following: ‘ 13. Regulation (EU) No 1095/2010, ESMA shall organise and conduct, at least once every 3 years, one peer review of the scrutiny and approval procedures of competent authorities, including notifications of approval between competent authorities. The peer review shall also assess the impact of different approaches with regard to scrutiny and approval by competent authorities on issuers’ ability to raise capital in the Union. The report on the peer review shall be published by [3 years after the date of entry into force of this amending Regulation] and every 3 years thereafter. In the context of the peer review, ESMA shall take into account the advice from the Securities and Markets Stakeholder Group referred to indeleted Without prejudice to Article 370 of Regulation (EU) No 1095/2010.; ’
2023/07/13
Committee: ECON
Amendment 243 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 3 – point b
Regulation (EU) No 596/2014
Article 11 – paragraph 4 – introductory part
A market participant may choose toshall comply with all of the following conditions:
2023/07/13
Committee: ECON
Amendment 245 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 5 – point a
Regulation (EU) No 596/2014
Article 17 – paragraph 1 – subparagraph 1
An issuer shall inform the public as soon as possible of inside information which directly concerns that issuer. That requirement shall not apply to intermediate steps in a protracted process as referred to in Article 7(2) and (3) where those steps are connected with bringing about a set of circumstances or an event.;
2023/07/13
Committee: ECON
Amendment 250 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 5 – point b
Regulation (EU) No 596/2014
Article 17 – paragraph 1a
1a. The Commission shall be empowered to adopt a delegated act to set out and review, where necessary, a non- exhaustive list of relevant information and, for each information, the moment when the issuer can be reasonably expected to disclose it.
2023/07/13
Committee: ECON
Amendment 254 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 5 – point c
Regulation (EU) No 596/2014
Article 17 – paragraph 4
(c) paragraph 4 is replaced by the following: ‘ 4. An issuer or an emission allowance market participant, may, on its own responsibility, delay disclosure to the public of inside information provided that all of the following conditions are met: (a) prejudice the legitimate interests of the issuer or emission allowance market participant; (b) issuer intends to delay meets the following conditions: (i) the previous public announcement of the issuer on the matter to which the inside information refers to; (ii) issuer’s financial objectives are not likely to be met, where such objectives were previously publicly announced; (iii) market’s expectations, where such expectations are based on signals that the issuer has previously sent to the market, including interviews, roadshows or any other type of communication organised by the issuer or with its approval; (c) market participant is able to ensure the confidentiality of that information. Where an issuer or emission allowance market participant intends to delay the disclosure of inside information under this paragraph, it shall inform the competent authority specified in accordance with paragraph 3 of its intention to delay the disclosure of inside information and shall provide a written explanation of how the conditions set out in this paragraph were met, immediately after the decision to delay is taken.; ’deleted immediate disclosure is likely to the inside information that the it is not materially different from it does not regard the fact that the it is not in contrast with the the issuer or emission allowance
2023/07/13
Committee: ECON
Amendment 259 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 5 – point f
Regulation (EU) No 596/2014
Article 17 – paragraph 11
(f) paragraph 11 is replaced by the following: ‘ 11. establish a non-exhaustive indicative list of the legitimate interests of issuers, as referred to paragraph 4, point (a).; ’deleted ESMA shall issue guidelines to
2023/07/13
Committee: ECON
Amendment 264 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 6 – point a
Regulation (EU) No 596/2014
Article 18 – paragraph 1 – introductory part
1. Issuers, and any person acting on their behalf or on their account, shall:
2023/07/13
Committee: ECON
Amendment 265 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 6 – point a
Regulation (EU) No 596/2014
Article 18 – paragraph 1 – point a
(a) draw up a list of all persons who, due to the nature of their function or position within the issuer, have regular access to inside information (permanent have access to inside information and who are working for them under a contract of employment, or otherwise performing tasks through which they have access to inside information, such as advisers, accountants or credit rating agencies (insider list);
2023/07/13
Committee: ECON
Amendment 266 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 6 – point a
Regulation (EU) No 596/2014
Article 18 – paragraph 1 – point b
(b) promptly update the permanent insider list in accordance with paragraph 4; and
2023/07/13
Committee: ECON
Amendment 267 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 6 – point a
Regulation (EU) No 596/2014
Article 18 – paragraph 1 – point c
(c) provide the permanent insider list to the competent authority as soon as possible upon its request.;
2023/07/13
Committee: ECON
Amendment 271 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 6 – point b
Regulation (EU) No 596/2014
Article 18 – paragraphs 1a and 1b
(b) the following paragraphs 1a and 1b are inserted: ‘ 1a. behalf or on the issuer’s account shall draw up its own list of all persons having access to inside information that directly concerns that issuer. Paragraph 1, points (b) and (c), shall apply. 1b. paragraph 1, and where justified by specific national market integrity concerns, Member States may require issuers whose securities have been admitted to trading on a regulated market for at least the last 5 years to draw up a list of all persons having access to inside information and working for them under a contract of employment, or otherwise performing tasks through which they have access to inside information, including advisers, accountants or credit rating agencies (full insider list). Paragraph 1, points (b) and (c), shall apply.; ’deleted Any person acting on the issuer’s By way of derogation from
2023/07/13
Committee: ECON
Amendment 273 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 6 – point c
Regulation (EU) No 596/2014
Article 18 – paragraph 2 – subparagraph 1
(c) in paragraph 2, the first subparagraph is replaced by the following: ‘ Issuers and any person acting on their behalf or on their account shall request from the persons on the insider list the acknowledgement of their legal and regulatory duties entailed in a durable medium. Persons included in the insider list shall acknowledge their legal and regulatory duties in a durable medium without undue delays.; ’deleted
2023/07/13
Committee: ECON
Amendment 275 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 6 – point d
Regulation (EU) No 596/2014
Article 18 – paragraph 6
(d) paragraph 6 is deleted;
2023/07/13
Committee: ECON
Amendment 293 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 7 – point b
Regulation (EU) No 596/2014
Article 19 – paragraph 12 – point c
(c) where those transactions or trade activities do not imply active investment decisions by the person discharging managerial responsibilities, or result exclusively from external factors or third parties, or are the exercise of derivatives based on predetermined terms.;
2023/07/13
Committee: ECON
Amendment 299 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 10
Regulation (EU) No 596/2014
Article 25a – paragraph 1 – subparagraph 1
1. Competent authorities supervising trading venues and systemic internalisers trading financial instruments with a significant cross- border dimension shall, by [12 months from the date of entry into force of this Regulation], set up a mechanism to permit ongoing and timely exchange of order book data referred to in paragraph 2 and collected from those tradingexecution venues in accordance with Article 25 of Regulation (EU) No 600/2014 with respect to the instruments traded in such market. Competent authorities may delegate the set-up of the mechanism to ESMA.
2023/07/13
Committee: ECON
Amendment 302 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 10
Regulation (EU) No 596/2014
Article 25a – paragraph 2
2. A competent authority may obtain order book data originating from a tradingn execution venue that has a cross-border dimension when that competent authority is the competent authority of the most relevant market referred to in Article 26 of Regulation (EU) No 600/2014 for the following financial instruments:
2023/07/13
Committee: ECON
Amendment 303 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 10
Regulation (EU) No 596/2014
Article 25a – paragraph 3 – subparagraph 1
3. A Member State may decide that its competent authority participates in the mechanism set up pursuant to paragraph 1 even if none of the tradingexecution venues under the supervision of such competent authority has a significant cross-border dimension. Such decision shall be communicated to ESMA which shall make it public on its website.
2023/07/13
Committee: ECON
Amendment 306 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 10
Regulation (EU) No 596/2014
Article 25a – paragraph 5
5. The Commission is empowered to adopt delegated acts to establish a list of designated tradingexecution venues that have a significant cross-border dimension in the supervision of market abuse, by taking into account at least the market share of the tradingexecution venues on the instruments. The Commission shall review such list at least every 4 years.
2023/07/13
Committee: ECON
Amendment 314 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 13 – point a – point ii
Regulation (EU) No 596/2014
Article 30 –paragraph 2 – point j – point iii
(iii) for infringements of Article 17, 2 % of its total annual turnover according to the last available accounts approved by the management body. Instead of the minimum amount based on the total annual turnover, competent authorities may exceptionally imposeimpose maximum administrative sanctions of at least EUR 2 500 000, or, where the legal person is an SME, EUR 1 000 000, or in the Member States whose currency is not the euro, the corresponding values in the national currency on 2 July 2014 if they deem that the amount for the administrative sanction based on the total annual turnover would be disproportionately low with respect to the circumstances referred to in Article 31(1), points (a), (b), (d), (e), (f), (g) and (h);
2023/07/13
Committee: ECON
Amendment 318 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 13 – point a – point ii
Regulation (EU) No 596/2014
Article 30 –paragraph 2 – point j – point iv
(iv) for infringements of Articles 18 and 19, 0,8 % of its total annual turnover according to the last available accounts approved by the management body. Instead of the minimum amount based on the total annual turnover, competent authorities may exceptionally imposeimpose maximum administrative sanctions of at least EUR 1 000 000, or where the legal person is an SME, EUR 400 000, or in the Member States whose currency is not the euro, the corresponding values in the national currency on 2 July 2014 if they deem that the amount for the administrative sanction based on the total annual turnover would be disproportionately low with respect to the circumstances referred to in Article 31(1), points (a), (b), (d), (e), (f), (g) and (h);
2023/07/13
Committee: ECON
Amendment 319 #

2022/0411(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 13 – point a – point ii a (new)
Regulation (EU) No 596/2014
Article 30 – paragraph 2 – subparagraph 3
(ii a) The third subparagraph is replaced by the following: ' For the purposes of points (j)(i) and (iito (v) of the first subparagraph, where the legal person is a parent undertaking or a subsidiary undertaking which is required to prepare consolidated financial accounts pursuant to Directive 2013/34/EU ( 13 ), the relevant total annual turnover shall be the total annual turnover or the corresponding type of income in accordance with the relevant accounting directives – Council Directive 86/635/EEC ( 14 ) for banks and Council Directive 91/674/EEC ( 15 ) for insurance companies – according to the last available consolidated accounts approved by the management body of the ultimate parent undertaking.'
2023/07/13
Committee: ECON
Amendment 323 #

2022/0411(COD)

Proposal for a regulation
Article 3 – paragraph 1 – point 1
Regulation (EU) No 600/2014
Article 25 – paragraph 2
2. The operator of a trading venue shall keep at the disposal of the competent authority, for at least five years, the relevant data relating to all orders in financial instruments which are advertised through their systems. TAt the request of the competent authority of the trading venue may request those data, the operator of the trading venue shall provide those data free of charge on an ongoing basis. The records shall contain the relevant data that constitute the characteristics of the order, including those that link an order with the executed transactions that stem from that order and the details of which shall be reported in accordance with Article 26(1) and (3). ESMA shall perform a facilitation and coordination role in relation to the access by competent authorities to information under this paragraph.;
2023/07/13
Committee: ECON
Amendment 325 #

2022/0411(COD)

Proposal for a regulation
Article 3 – paragraph 1 – point 1 a (new)
(1 a) the following paragraph is added: '2a Paragraph 2 shall also apply to systemic internalisers in respect of quote data'.
2023/07/13
Committee: ECON
Amendment 36 #

2022/0406(COD)

Proposal for a directive
Recital 1
(1) To reinforce the attractiveness of SME growth marketslisting and to reduce inequalities for companies seeking admission to trading in the single market, it is necessary to address obstacles to the access to such markets that stem from regulatory barriers. Companies should be able to choose governance structures that suit best their development stage, including by enabling controlling shareholders of those companies to retain control of the business after accessing regulated markets or SME growth markets, while enjoying the benefits associated to trading on those markets, as long as the rights of minority shareholders continue to be safeguarded.
2023/07/11
Committee: ECON
Amendment 43 #

2022/0406(COD)

Proposal for a directive
Recital 2
(2) Fear of losing control over a company constitutes one of the main deterrents for controlling shareholders to access SME growth marketsseek listing. Admission to trading usually entails dilution of ownership for controlling shareholders, thus reducing their influence over important investment and operating decisions in the company. Maintaining control of the company may in particular be important for start-ups and companies with long-term projects that require significant upfront costs, because they may wish to pursue their vision without becoming too exposed to market fluctuations.
2023/07/11
Committee: ECON
Amendment 49 #

2022/0406(COD)

Proposal for a directive
Recital 4
(4) There are other control enhancing mechanisms that allow leveraging voting power, apart from multiple-vote share structures. Such mechanisms may include non-voting shares, non-voting preference shares and voting right ceilings. However, those alternative control enhancing mechanisms, being more rigid in their set- up, are liable to constrain the amount of capital that a company can raise at the point of admission to trading on SME growth markets due to the lower disassociation between economic and voting rights.
2023/07/11
Committee: ECON
Amendment 52 #

2022/0406(COD)

Proposal for a directive
Recital 7
(7) Member States should provide companies with the possibility to adopt multiple-vote share structures to allow them to seek admission to trading on a SME growth market without their controlling shareholders having to relinquish control. While admission to trading on regulated markets is generally more suitable for larger and more mature companies, SME growth markets are generally more appropriate for SMEs. SME growth markets were originally designed as SME dedicated trading venues with a regulatory treatment that takes the particularities of SMEs into account. Not all companies with securities listed on SME growth markets are, however, SMEs. Directive 2014/65/EU of the European Parliament and of the Council39 requires that SMEs constitute at least 50 % of the issuers of financial instruments admitted to trading on SME growth markets. Companies other than SMEs generally have more liquid securities and hence their admission to SME growth markets enables those markets to generate higher trading fees to maintain profitability of their business model. Nevertheless, to ensure clarity for investors, all issuers on SME growth markets, irrespective of their size, are currently subject to the same rules. It is therefore appropriate that the introduction of the right to adopt multiple-vote share structures applies to all companies seeking admission of their shares on an SME growth market for the first time. __________________ 39 Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (OJ L 173, 12.6.2014, p. 349).
2023/07/11
Committee: ECON
Amendment 55 #

2022/0406(COD)

Proposal for a directive
Recital 8
(8) Member States should be able to introduce, or maintain in force, national provisions that allow companies to adopt these structures for purposes other than the first time admission to trading of shares on a SME growth market. That includes allowing companies to adopt multiple-vote shares when already admitted to trading, when seeking admission on a Multilateral Trading Facility that is not registered as SME growth market or on a regulated market, or ensuring that private companies can adopt multiple-vote shares, regardless of whether they intend to request admission to trading of their sharesregulated market or an SME growth market. This may also include cases whereby companies transfer from an SME growth market to a regulated market, while retaining multiple-vote shares.
2023/07/11
Committee: ECON
Amendment 60 #

2022/0406(COD)

Proposal for a directive
Recital 9
(9) Companies may adopt multiple- vote share structures through a new issuance of shares or through another type of corporate transaction, such as the conversion of already issued shares. Companies should have the flexibility to choose the most appropriate type of corporate transaction to adopt multiple vote share structures in compliance with national law. Furthermore, companies should also have the flexibility as to the timing of the adoption of multiple-vote share structures, provided they do so to seek a first time admission of shares to trading on a SME growth market. Member States should not prevent companies from adopting multiple- vote share structures at a point prior to the moment of the admission of shares to trading. Member States should, however, be allowed to lay down that the exercise of the enhanced voting rights, which represent additional voting rights attached to multiple-vote shares compared to voting rights of shares of other classes, is conditional upon the admission to trading of shares on an regulated market or a SME growth market in one or more Member States. In that case and until the admission to trading, multiple- vote shares should have the same voting rights as other classes of shares in the company. That would ensure that multiple vote shares specifically promote a first- time admission to trading on SME growth markets.
2023/07/11
Committee: ECON
Amendment 79 #

2022/0406(COD)

Proposal for a directive
Article 1 – paragraph 1
This Directive lays down common rules on multiple-vote share structures in companies that seek the admission to trading of their shares on a regulated market or an SME growth market in one or more Member States and that do not have shares already admitted to trading on any trading venue.
2023/07/11
Committee: ECON
Amendment 85 #

2022/0406(COD)

Proposal for a directive
Article 2 – paragraph 1 – point f a (new)
(f a) ‘regulated market’ means a regulated market as defined in Article 4(1), point (21), of Directive 2014/65/EU;
2023/07/11
Committee: ECON
Amendment 92 #

2022/0406(COD)

Proposal for a directive
Article 4 – paragraph 1
1. Member States shall ensure that companies that do not have shares that are admitted to trading on a trading venue have the right to adopt multiple-vote share structures for the admission to trading of shares on a regulated market or an SME growth market in one or more Member States. Member States shall not prevent the admission to trading of shares of a company on a regulated market or an SME growth market on the ground that the company has adopted a multiple-vote share structure.
2023/07/11
Committee: ECON
Amendment 95 #

2022/0406(COD)

Proposal for a directive
Article 4 – paragraph 2
2. The right referred to in paragraph 1 encompasses the right to adopt multiple- vote share structures in time prior to seeking the admission to trading of shares on a regulated market or an SME growth market.
2023/07/11
Committee: ECON
Amendment 97 #

2022/0406(COD)

Proposal for a directive
Article 4 – paragraph 3
3. Member States may make the exercise of the enhanced voting rights attached to the multiple-vote shares conditional upon the admission to trading of shares on a regulated market or an SME growth market in one or more Member States.
2023/07/11
Committee: ECON
Amendment 170 #

2022/0406(COD)

Proposal for a directive
Article 6 – paragraph 1 – introductory part
1. Member States shall ensure that companies with multiple-vote share structures whose shares are traded or are to be traded on a regulated market or an SME growth market make publicly available, in the [EU Growth issuance documentrespectively, in the prospectus referred to in Article 15a]6 of Regulation (EU) 2017/1129 of the European Parliament and of the Council43 [or in the EU Growth prospectus referred to in Article 15a of that Regulation] or in the admission document referred to in Article 33(3), point (c), of Directive (EU) 2014/65/EU and in the company’s annual financial report referred to in Article 78(2), point (g), of Commission Delegated Regulation (EU) 2017/56544 , detailed information on all of the following: __________________ 43 Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC (OJ L 168, 30.6.2017, p. 12) 44 Commission Delegated Regulation (EU) 2017/565 of 25 April 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive (OJ L 87, 31.3.2017, p. 1).
2023/07/11
Committee: ECON
Amendment 173 #

2022/0406(COD)

Proposal for a directive
Article 6 – paragraph 1 – point a
(a) the structure of their capital, including securities which are not admitted to trading on a regulated market or an SME growth market in a Member State, with an indication of the different classes of shares and, for each class of shares, the rights and obligations attached to that class and the percentage of total share capital and total voting rights that such class represents;
2023/07/11
Committee: ECON
Amendment 19 #

2022/0405(COD)

Proposal for a directive
Recital 5
(5) In addition, to further support the coverage of small and medium capitalisation companies by investment research, research material paid fully or partially by issuers should be labelled as ‘issuer-sponsored research’. To ensure an adequate level of objectivity and independence of such research material, such material should be produced in line with a code of conduct developed or endorsed by a market operator registered in a Member State or by a competent authoritypublished by ESMA. In order to support more visibility of the issuer-sponsored research, issuers should have the possibility to submit their issuer-sponsored research to the relevant collection body as defined32 in [Article 2 (2)Regulation (EU) .../... of the pEuroposal for a Regulation33 onean Parliament and the Council33a. __________________ 33a Regulation (EU) .../... of the European Parliament and the Council establishing a European Ssingle Aaccess Ppoint]. __________________ 32 See Article2.2 o proposal for a Regulation [2021.78.COD] 33 Proposal for a Regulation [ providing centralised access to publicly available information of relevance to financial services, capital markets and sustainability (2021/03.78.(COD] )).
2023/07/11
Committee: ECON
Amendment 30 #

2022/0405(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 2 – point a
Directive 2014/65/EU
Article 24 – paragraph 3 b – subparagraph 2
The code of conduct shall set out minimum standards of independency and objectivity to be complied with by the providers of such research. The market operator or the competent authority sthall publisht has endorsed the code of conduct shall publish it on its website and review and re-endorse it every 2 years.
2023/07/11
Committee: ECON
Amendment 32 #

2022/0405(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 2 – point a
Directive 2014/65/EU
Article 24 – paragraph 3 c
3c. Member States shall ensure that any issuer may submit its issuer- sponsored research, as referred to in paragraph 3b of this Article, to the relevant collection body as defined in [Article 2(2) of the proposal for a Regulation on a European Single Access Point40 ]. __________________ 40 Proposal for a Regulation [2021/0378.COD].deleted
2023/07/11
Committee: ECON
Amendment 38 #

2022/0405(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 2 – point b
Directive 2014/65/EU
Article 24 – paragraph 9 a – point c
(b) in paragraph 9a, point (c) is replaced by the following: (c) the research for which the combined charges or the joint payment is made concerns issuers whose market capitalisation for the period of 36 months preceding the provision of the research did not exceed EUR 10 billion, as expressed by end-year quotes for the years when those issuers are or were listed or by the own-capital for the financial years when those issuers are or were not listed.;deleted
2023/07/11
Committee: ECON
Amendment 41 #

2022/0405(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 2 – point b – introductory part
Directive 2014/65/EU
Article 24 – paragraph 9 a
(b) in pParagraph 9a, point (c) is replaced by the is amended as followings:
2023/07/11
Committee: ECON
Amendment 43 #

2022/0405(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 2 – point b
Directive 2014/65/EU
Article 24 – paragraph 9 a – subparagraph 1
Member States shall ensure that t(a) the first subparagraph is replaced by the following: 'The provision of research by third parties to investment firms providing portfolio management or other investment or ancillary services to clients is to be regarded as fulfilling the obligations under paragraph 1 if: (a) before the execution or research services have been provided, an agreement has been entered into between the investment firm and the investment firm informs its clients about the reseparch provider, identifying the part of any combined charges or joint payments for execution services and research that is attributable to research; (b) the investment firm informs its clients about the joint paymentsate or joint payments, as the case may be, for execution services and research made to the third party providers of research; and (c) the research for which the combined charges or the joint payment is made concerns issuers whose market capitalisation for the period of 36 months preceding the provision of the research did not exceed EUR 1 billion, as expressed by end-year quotes for the years when they are or were listed or by the own-capital for the financial years when they are or were not listed.'
2023/07/11
Committee: ECON
Amendment 47 #

2022/0405(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 2 – point b
Directive 2014/65/EU
Article 24 – paragraph 9 a – subparagraph 4 (new)
(b) the following subparagraph is added: 'Investment firms may keep a record of separate payments and gather information distinguishing the part of combined charges or joint payments for execution services and research that is attributable to research provided to such firms and may inform its clients annually in an aggregated form of the annual expenditure to research of the investment firm that is attributable to the client.'
2023/07/11
Committee: ECON
Amendment 50 #

2022/0405(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 2 a (new)
Directive 2014/65/EU
Article 27 – paragraph 7 a
(2 a) In Article 27, the following paragraph is inserted: : '7a. Member States shall require that a financial instrument of an issuer which is admitted to trading on an SME growth market may also be traded on another trading venue only if the issuer has been informed and has not objected .'
2023/07/11
Committee: ECON
Amendment 51 #

2022/0405(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 3 – point c
Directive 2014/65/EU
Article 33 – paragraph 4
4. The criteria laid down in paragraphs 3 and 3a are without prejudice to compliance by the investment firm or market operator operating the MTF, or a segment thereof, with other obligations under this Directive relevant to the operation of MTFs. They also do not prevent the investment firm or market operator operating the MTF from imposing additional requirements to those specified in that paragraph.
2023/07/11
Committee: ECON
Amendment 205 #

2022/0403(COD)

Proposal for a regulation
Recital 9 a (new)
(9a) Any PTRR exemption should not circumvent the clearing obligation, and should only become applicable for still outstanding positions that were already outstanding when the clearing obligation entered into force. It is further to be clarified which entities are to be allowed to provide PTRR services.
2023/07/07
Committee: ECON
Amendment 223 #

2022/0403(COD)

Proposal for a regulation
Recital 14
(14) Macroprudential supervision is not restricted to transactions between financial counterparties, but also requires monitoring of exposures between financial and non-financial counterparties belonging to the same consolidation. Regulation (EU) 2019/834 of the European Parliament and of the Council34 amended Regulation (EU) No 648/2012 to introduce, inter alia, an exemption from reporting requirements for OTC derivative transactions between counterparties within a group, where at least one of the counterparties is a non- financial counterparty. That exemption has been introduced because intragroup transactions involving non-financial counterparties represent a relatively small fraction of all OTC derivative transactions and are used primarily for internal hedging within groups. As such, those transactions do not significantly contribute to systemic risk and interconnectedness with the rest of the financial system. The exemption for those transactions from reporting requirements has, however, limited the ability of ESMA, the ESRB and other authorities to clearly identify and assess the risks taken by non- financial counterparties. To ensure more visibility on intragroup transactions, considering their potential interconnectedness with the rest of the financial system and taking into account recent market developments, in particular strains on energy markets as a result of Russia’s unprovoked and unjustified aggression against Ukraine, that exemption should be removed both for existing and for new intragroup transactions. __________________ 34 Regulation (EU) 2019/834 of the European Parliament and of the Council of 20 May 2019 amending Regulation (EU) No 648/2012 as regards the clearing obligation, the suspension of the clearing obligation, the reporting requirements, the risk-mitigation techniques for OTC derivative contracts not cleared by a central counterparty, the registration and supervision of trade repositories and the requirements for trade repositories (OJ L 141, 28.5.2019, p. 42).
2023/07/07
Committee: ECON
Amendment 476 #

2022/0403(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 32
Regulation (EU) No 648/2012
Article 44 – paragraph 1 – subparagraph 2
(32) in Article 44(1), the second subparagraph is replaced by the following : ‘ A CCP shall measure, on a daily basis, its potential liquidity needs. It shall take into account the liquidity risk generated by the default of at least the two entities, including clearing members or liquidity providers, to which it has the largest exposures.; ’deleted
2023/07/07
Committee: ECON
Amendment 478 #

2022/0403(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 33 – point a
Regulation (EU) No 648/2012
Article 46 – paragraph 1
(a) paragraph 1 is replaced by the following: ‘ 1. collateral with minimal credit and market risk to cover its initial and ongoing exposure to its clearing members. A CCP may accept public guarantees or public bank or commercial bank guarantees, provided that they are unconditionally available upon request within the liquidation period referred to in Article 41. Where bank guarantees are provided to a CCP, that CCP shall take them into account when calculating its exposure to the bank that is also a clearing member. The CCP shall apply adequate haircuts to asset values and guarantees to reflect the potential for their value to decline over the interval between their last revaluation and the time by which they can reasonably be assumed to be liquidated. It shall take into account the liquidity risk following the default of a market participant and the concentration risk on certain assets that may result in establishing the acceptable collateral and the relevant haircuts. When revising the level of the haircuts it applies to the assets it accepts as collateral, the CCP shall take into account any potential procyclicality effects of such revisions.; ’deleted A CCP shall accept highly liquid
2023/07/07
Committee: ECON
Amendment 519 #

2022/0403(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 34 – point b
Regulation (EU) No 648/2012
Article 49 – paragraph 1 g – point g
(g) any other change to the models that could have a material effect on the overall risk of the CCP or for its clearing members and clients.
2023/07/07
Committee: ECON
Amendment 59 #

2022/0167(COD)

Proposal for a directive
Recital 2
(2) The main motive for cross-border organised crime, including high-risk criminal networks, is financial gain. Therefore, to tackle the serious threat posed by organised crime, competent authorities should be given the means to effectively trace and identify, freeze, confiscate and manage the instrumentalities and proceeds of crime and property that stems from criminal activities. The monetary value of such confiscated assets should be reintroduced into legal economy. Where the confiscated assets stem from the crime of Russian aggression against Ukraine and other crimes associated with this aggression, the monetary value of the assets should serve the goal of building and rebuilding of the infrastructure in Ukraine including through the use of financial instruments, as well as the compensation for the victim population.
2023/03/02
Committee: BUDG
Amendment 66 #

2022/0167(COD)

Proposal for a directive
Recital 5
(5) Therefore, the existing legal framework should be updated, so as to facilitate and ensure effective asset recovery and confiscation efforts across the Union, as well as to enable the reuse of the confiscated assets into the Union budget and, where the assets stem from the crimes of Russian aggression against Ukraine, in the form of external assigned revenue. To that end, the Directive should lay down minimum rules on tracing and identification, freezing, confiscation and management of property within the framework of proceedings in criminal matters. In this context, proceedings in criminal matters is an autonomous concept of Union law interpreted by the Court of Justice of the European Union, notwithstanding the case law of the European Court of Human Rights. The term covers all types of freezing and confiscation orders issued following proceedings in relation to a criminal offence. It also covers other types of orders issued without a final conviction. Proceedings in criminal matters could also encompass criminal investigations by the police and other law enforcement authorities. It is necessary to reinforce the capacity of competent authorities to deprive criminals of the proceeds from criminal activities. For this purpose, rules should be laid down to strengthen asset tracing and identification, as well as freezing capabilities, to improve management of frozen and confiscated property, to strengthen the instruments to confiscate instrumentalities and proceeds of crime and property derived from criminal activities of criminal organisations, and to improve the overall efficiency of the asset recovery system.
2023/03/02
Committee: BUDG
Amendment 69 #

2022/0167(COD)

Proposal for a directive
Recital 6
(6) Moreover, the adoption of unprecedented and far-reaching Union restrictive measures triggered by the Russian invasion into Ukraine revealed the need to step up efforts to ensure the effective implementation of both sectorial and individual Union restrictive measures across the Union. While not criminal in nature, nor requiring criminal conduct as a pre-condition for their imposition, Union restrictive measures also rely on freezing of funds (i.e. targeted financial sanctions) and sectorial measures, and should thus benefit from strengthened capabilities in the context of identification and tracing of property. For such purpose, rules should be established to enhance the effective identification and tracing of property owned or controlled by persons and entities subject to such restrictive measures, and to promote greater international cooperation of asset recovery offices with their counterparts in third countries. Measures related to freezing and confiscation under this Directive, notably those under Chapters III and IV, remain however limited to situations where property stems from criminal activities, such as the violation of Union restrictive measures. This Directive does not regulateWhere the assets stem from the crime of Russian aggression on Ukraine or associated crimes, the confiscated assets shall be dedicated to the freezing of funds and economic resourceconstruction of Ukraine including through the use of financial instruments uander Union restrictive measures to compensation of the victim population.
2023/03/02
Committee: BUDG
Amendment 94 #

2022/0167(COD)

Proposal for a directive
Article 17 – paragraph 2 a (new)
2 a. The monetary value of the confiscated criminal proceeds set out in Article 26a of this Directive shall be assigned to reconstructing Ukraine in the form of an external assigned revenue and shall be used to support projects to build and rebuild infrastructure in Ukraine including through the use of financial instruments and to provide compensation to the Ukrainian victim population.
2023/03/02
Committee: BUDG
Amendment 102 #

2022/0167(COD)

Proposal for a directive
Article 26 a (new)
Article 26 a Assets confiscated in the context of Russian aggression against Ukraine Member States shall transfer the monetary value of confiscated assets stemming from the crimes of Russian aggression against Ukraine and listed in the centralised registries referred to in Article 26 to the Neighbourhood, Development and International Cooperation Instrument - Global Europe (Eastern Neighbourhood)
2023/03/02
Committee: BUDG
Amendment 198 #

2022/0074(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 24 a (new)
Regulation (EU) No 909/2014
Article 74 a (new)
(24 a) The following Article is inserted: "Article 74a Accessibility of information on the European Single Access Point (ESAP) 1. In order to support the provision of accurate, timely and complete information on penalties under Article 7 of Regulation (EU) 909/2014, information necessary for the calculation of cash penalty amounts shall be centralised in the European Single Access Point [ESAP] established under the Regulation of the European Parliament and of the Council establishing a European single access point providing centralised access to publicly available information of relevance to financial services, capital markets and sustainability [ESAP Regulation]. 2. From 1 January 2027, when making public any information pursuant to Article 7(14) of this Regulation, the reporting entities shall submit that information to the relevant collection body referred to in paragraph 3 of this Article at the same time for accessibility on the ESAP. 3. From 1 January 2026, for the purposes of making accessible on ESAP the information referred to in Article 12(2) and Article 62, the collection body as defined in Article 2, point (2), of the ESAP Regulation shall be ESMA. 4. For the purposes of ensuring an efficient collection and administration of data submitted in accordance with paragraph 1, ESMA shall develop draft implementing technical standards to specify the list of financial instruments that fall within the scope of this Regulation and category of each such instrument. Before developing the draft implementing technical standards, ESMA shall carry out a cost-benefit analysis. For the purposes of point (c), ESMA shall assess the advantages and disadvantages of different machine-readable formats and conduct appropriate field tests for that purpose. ESMA shall submit those draft implementing technical standards to the Commission. Power is conferred on the Commission to adopt the implementing technical standards in accordance with Article 15 of Regulation (EU) No 1095/2010. "
2022/11/16
Committee: ECON
Amendment 55 #

2021/2251(INI)

Motion for a resolution
Paragraph 2
2. Welcomes the fact that even if the economic effects of the RRF cannot be fully disentangled from other developments, it seems fair to conclude that, so far, for the Member States whose NRRPs have been adopted, the RRF has had positive effects on gross domestic product (GDP) and that its effective implementation will be key for the EU’s economic growth; recognises that the RRF has helped to cushion EU economies and citizens from the most acute impacts of the COVID-19 pandemic and is positively contributing to the EU’s recovery and resilience;
2022/03/21
Committee: BUDGECON
Amendment 59 #

2021/2251(INI)

Motion for a resolution
Paragraph 2 a (new)
2 a. Emphasizes that inflation can lead to a significant negative change with respect to the expected outcome of the RRF and more importantly to the expected results of the milestones and targets and estimated costs of the Member States’ NRRPs.
2022/03/21
Committee: BUDGECON
Amendment 60 #

2021/2251(INI)

Motion for a resolution
Paragraph 2 b (new)
2 b. Emphasizes that inflationary circumstances should be recognised by the Commission as justified and reasoned course of action for a Member State to amend its NRRP including the potential of downgrading the milestones and targets if it chooses so due to the inflationary circumstances.
2022/03/21
Committee: BUDGECON
Amendment 107 #

2021/2251(INI)

Motion for a resolution
Paragraph 8
8. Notes that in the 26 NRRPs that have been submitted so far, Member States have requested a total of EUR 337.5 billion in grants out of the EUR 338 billion available; notes furthermore that not all Member States, in their current NRRPs, have requested the full amount of grants available to them; notes that not all Member States have chosen to submit requests up to its maximum financial contribution, as referred to in Article 11 of the RRF Regulation, therefore have not acquired a maximum amount of the pre- finance payment, based on the financial contribution.
2022/03/21
Committee: BUDGECON
Amendment 125 #

2021/2251(INI)

Motion for a resolution
Paragraph 9 b (new)
9 b. Urges the Commission to reassess the potential amount of RRF loan support that would not be requested by the Member States due to limited interest for the loan component, in order to supplement the REPowerEU program in necessary ways to help make the EU independent from Russian fossil fuels in light of Russian invasion of Ukraine.
2022/03/21
Committee: BUDGECON
Amendment 133 #

2021/2251(INI)

Motion for a resolution
Paragraph 10
10. Tasks the Commission with analysing the reasons why the Member States have not requested loans to the full extent of their allocation; and requests to come up with recommendations how this issue could be improved, provided Member States chose to update or amend their NRRPs
2022/03/21
Committee: BUDGECON
Amendment 172 #

2021/2251(INI)

Motion for a resolution
Paragraph 15
15. Welcomes the fact that 22 NRRPs have been approved and observes that as of early February 2022, one Member State had not yet put forward its NRRP; further notes that four NRRPs are pending assessment by the Commission; calls on the Commission to make the final assessment of the above mentioned plans as soon as possible; reminds the Commission that according to Article 19 of the RRF Regulation, the assessment needs to be done in close cooperation with the Member State within two months of the official submission of the NRRPs;
2022/03/21
Committee: BUDGECON
Amendment 320 #

2021/2251(INI)

Motion for a resolution
Paragraph 33
33. Recalls that Member States are required to set up a robust control system in order to guarantee the protection of the financial interests of the Union and to prevent fraud and tackle corruption, and that the Commission is responsible for assuring that these systems are in place before the first payments are approved. Europol, EPPO, OLAF Eurojust and other relevant EU Bodies and Agencies will support the Member States and stakeholders to protect the financial interests of the EU in the implementation of the NGEU;
2022/03/21
Committee: BUDGECON
Amendment 325 #

2021/2251(INI)

Motion for a resolution
Paragraph 33 a (new)
33 a. Welcomes the Next Generation EU – Law Enforcement Forum(NGEU-LEF), a joint initiative co-led by Europol and Italy. The Forum brings together the EU Member States, Europol, EPPO, OLAF, Eurojust and CEPOL to establish a joint way forward in preventing and countering any threat against the NGEU funds and, more broadly, against the financial well- being of the Union.
2022/03/21
Committee: BUDGECON
Amendment 329 #

2021/2251(INI)

Motion for a resolution
Paragraph 33 b (new)
33 b. Welcomes the Operation Sentinel organized by Europol in cooperation with EPPO, Eurojust and OLAF, as well as 21 Member States, launched on 15 October 2021. The operation aims to map vulnerabilities inherent to the national allocation systems, detect the fraud schemes used to target fund allocation system and support high priority investigations against high value targets.
2022/03/21
Committee: BUDGECON
Amendment 21 #

2021/2203(INI)

Motion for a resolution
Paragraph 1
1. Takes note of the Investment Report 2021/2022; welcomes the focus on the EU’s long-term challenges of climate change, social cohesion and digital transformation; welcomes EIB's record investment in 2021 of almost EUR 95 billion euros of financing, compared to EUR 77 billion in 2020; acknowledges almost half of this financing is directed to the support of 430 000 SMEs and Mid- caps which employ 4.5 million people;
2022/03/24
Committee: BUDG
Amendment 26 #

2021/2203(INI)

Motion for a resolution
Paragraph 2
2. Calls for an increase in the EIB’s capitalisation to enable more long-term loans and innovative instruments to finance projects with great potential for sustainability, social and innovation gains; applauds a record EUR 20.7 billion of the EIB's financing went to support innovation, including investment in digitalisation and the promotion of skills and training for the digital world; considers this kind of investment of paramount importance to maintain Europe’s competitiveness and to pursue the EU’s strategic autonomy;
2022/03/24
Committee: BUDG
Amendment 32 #

2021/2203(INI)

Motion for a resolution
Paragraph 3
3. Welcomes the new Cohesion Orientation, which commits to increasing EIB lending activities to 45 % of total EU- 27 lending in cohesion regions by 2025 and to 23 % in least developed regions taking into account the preservation of the EIB’s overall triple-A rating; recalls that the EIB remains a market and demand driven instrument and that investments are selected based on financial, economic and technical merits, not following any pre- defined quotas;
2022/03/24
Committee: BUDG
Amendment 36 #

2021/2203(INI)

Motion for a resolution
Paragraph 4
4. Applauds the timeliness of the European Guarantee Fund (EGF) to help mitigate the negative social and economic impacts of the COVID-19 pandemic, supporting SMEs; notes that as of 31 December 2021, the EIB approved EUR 23.2 billion in EGF operations or 95% of the available EUR 24.4 billion, representing about one third of what the EIB Group normally invests in a year and on top of the rest of EIB’s regular business;
2022/03/24
Committee: BUDG
Amendment 39 #

2021/2203(INI)

Motion for a resolution
Paragraph 4 a (new)
4 a. Welcomes the EIB Emergency Solidarity Package, the EIB's response to the war in Ukraine; notes that this package includes both immediate financial support and support to infrastructure in the medium and longer term, including rebuilding efforts as soon as a free and independent Ukraine is re- established after the war;
2022/03/24
Committee: BUDG
Amendment 58 #

2021/2203(INI)

Motion for a resolution
Paragraph 6
6. Welcomes the fact that 43 % of lending in 2021, up from 40% in 2020, was climate and environment related and applauds the intention to meet the climate lending target of 50% in 2022; stressnotes that the Climate Bank Roadmap (CBR) alone is not enough to ensure alignment with the objective of the Paris Agreement of limiting global wis share amounts to 51% when disregarmding to 1.5°C; calls for an immediate halt to carbon markets and offsetting and for all action plans for the implementation of the CBR to be made publhe EGF mandate that specifically targets SME's hit by the pandemic;
2022/03/24
Committee: BUDG
Amendment 85 #

2021/2203(INI)

Motion for a resolution
Paragraph 12
12. Welcomes the updated ESSF standard 4 and calls for its diligent implementation; welcomes the efforts made to strengthen biodiversity risk assessment and due diligence; is concerned, however, at the use of outdated data; expects the EIB to comply with Articles 11 and 191 TFUE and to stop disbursing funds, and, if necessary, withdraw them, if there is evidence or a serious risk of adverse impacts;
2022/03/24
Committee: BUDG
Amendment 139 #

2021/2203(INI)

Motion for a resolution
Paragraph 18
18. Regrets that the new ESSF includes no significant improvement in human rights protection or procedures to prevent human rights violations; calls for this to be addressed in the statement on human rights; is very concerned that in some cases, the EIB has continued to disburse loans despite clearWelcomes the new ESSF which strengthens a risk-based approach that is more explicit on environment and social matters while having human rights as a key objective; recalls that this requires EIB clients to ensure respect for human rights by taking a human -rights abuse- responsive approach to the impact assessment process;
2022/03/24
Committee: BUDG
Amendment 145 #

2021/2203(INI)

Motion for a resolution
Paragraph 19
19. Is very concerned by the decline of transparency at the EIB: in 2010, 96.1 % of allRecalls that investments with private counterparts usually come with a higher level of commercial interests that need to be projtects were published three weeks before Board approval, falling to only 60 % in 2020; calls for more transparency and accountability, also towards EU institutions, in particular Parliament; ed; reminds that stock- exchange listed companies have to operate under applicable capital market regulations which have an implication on information sharing; understands therefor the decrease in the rate of pre- published projects over the last 15 years caused by the steadily increase in the amount of private sector clients, including those involved through instruments like EFSI;
2022/03/24
Committee: BUDG
Amendment 155 #

2021/2203(INI)

Motion for a resolution
Paragraph 20
20. ConsiderWelcomes the new transparency policy (TP) a major setback; regrets that the EIB has totally ignored Parliament’s very clear demands to improve its TP in line with other financial institutions’ best practices and standards; calls for the TP to be aligned with that of the European Bank for Reconstrucincluding the publication of calendars of the regular meetings of the Board of Directors, Management Committee and Audit Committee; welcomes the EIB's commitment to publish summaries of sub-projects financed through financial intermediaries with a total project cost greater than €50 million; equally welcomes the bank's commitment to publish Additionality Impact Statements of EIB operations and Development on mandatory disclosure for intermediaries of projects with high environmental riskss part of its Additionality and Impact Measurement (AIM) framework;
2022/03/24
Committee: BUDG
Amendment 171 #

2021/2203(INI)

Motion for a resolution
Paragraph 25
25. Takes note of the new anti-fraud policy; is concerned about the opaque way in which it was adopted adopted following established approval procedures, targeted stakeholders engagement including exchanges with civil society organisations and in consultation with OLAF and the EPPO;
2022/03/24
Committee: BUDG
Amendment 181 #

2021/2203(INI)

Motion for a resolution
Paragraph 27
27. Is very concerned that, at least once, the EIB disbursed funding despite a very clear EIB Complaints Mechanism report concluding that its environmental and social standards had been breached; calls for any such project to be halted immediately;deleted
2022/03/24
Committee: BUDG
Amendment 24 #

2021/2185(INI)

Motion for a resolution
Recital A
A. whereas EU competition policy has an important crucial role – especially at times of uncertainty and transformation – in ensuring free, fair and effective competition to encourage innovation, set fair economic conditions, favour an efficient allocation of resources, and provide greater choice for consumers;
2022/01/27
Committee: ECON
Amendment 30 #

2021/2185(INI)

Motion for a resolution
Recital A a (new)
Aa. whereas the Commission responded to the outbreak of the COVID- 19 crisis promptly by adopting special competition rules which should remain temporary;
2022/01/27
Committee: ECON
Amendment 32 #

2021/2185(INI)

Motion for a resolution
Recital A b (new)
Ab. whereas rising commodity prices have led to the build-up of inflationary pressures; whereas the extent of product market competition is an important driver of inflation;
2022/01/27
Committee: ECON
Amendment 38 #

2021/2185(INI)

Motion for a resolution
Recital B
B. whereas the Commission needs an appropriate and effective set of instruments to strictly and impartially enforce competition rules and, properly ensure their implementation, and thus contribute to key policy priorities;
2022/01/27
Committee: ECON
Amendment 42 #

2021/2185(INI)

Motion for a resolution
Recital B a (new)
Ba. whereas a balanced reconciliation of the Union’s competition rules with its industrial and international trade policies is essential for re-shoring value chain activities and bolstering global competitiveness;
2022/01/27
Committee: ECON
Amendment 45 #

2021/2185(INI)

Motion for a resolution
Recital B b (new)
Bb. whereas ensuring a level playing field for businesses in the single market is also crucial for the development of new technologies and the creation of new jobs;
2022/01/27
Committee: ECON
Amendment 69 #

2021/2185(INI)

Motion for a resolution
Paragraph 1 a (new)
1a. Highlights that a competition policy aimed at ensuring a level playing field in all sectors, driving innovation and giving consumers more choices, is crucial for guaranteeing the proper functioning of the single market;
2022/01/27
Committee: ECON
Amendment 71 #

2021/2185(INI)

Motion for a resolution
Paragraph 1 b (new)
1b. Considers that increased product market competition reduces profit margins and price levels, and thus contributes to moderating inflation;
2022/01/27
Committee: ECON
Amendment 120 #

2021/2185(INI)

Motion for a resolution
Paragraph 6
6. ReiterateHighlights the importance of the Commission and the Member States launching a post-COVID-19 roadmap for less and better targeted State aid in order to promote competitiveness and growth and ensure high-quality jobs;
2022/01/27
Committee: ECON
Amendment 146 #

2021/2185(INI)

Motion for a resolution
Paragraph 8 a (new)
8a. Stresses that the Union should remain open to foreign direct investments complying with its legal framework;
2022/01/27
Committee: ECON
Amendment 149 #

2021/2185(INI)

Motion for a resolution
Paragraph 9
9. Calls on the Commission to rigorously and impartially enforce competition policy while striving for continued constructive dialogue and cooperation on key technological and economic issues with like-minded partners and stakeholders;
2022/01/27
Committee: ECON
Amendment 169 #

2021/2185(INI)

Motion for a resolution
Paragraph 12
12. Calls on the Commission to ensure a smooth and rapid implementation of the new regulatory measures, while ensuring synergies and avoiding overlap with or duplications of existing and upcoming measures;
2022/01/27
Committee: ECON
Amendment 188 #

2021/2185(INI)

Motion for a resolution
Paragraph 14 a (new)
14a. Welcomes the Commission’s determination to address unfair terms and practices, act decisively, and eliminate illegitimate obstacles to online competition in the European digital single market;
2022/01/27
Committee: ECON
Amendment 213 #

2021/2185(INI)

Motion for a resolution
Paragraph 18
18. Takes note of the Commission’s initiative to revise the State aid rules in the field of climate, environmental protection and energy (CEEAG) to align them with the European Green Deal and supports the adoption of new guidelines in that regard; to balance economic and environmental sustainability; calls for the guidelines to pay due attention and give careful consideration to certain sectors which are at the basis of many other industries as well as the Union’s social and economic value chain, particularly those suffering from high energy costs and intense international competition; considers particularly that excluding too large a number of such sectors from eligibility for State aid may put the Union’s international competitiveness at risk;
2022/01/27
Committee: ECON
Amendment 230 #

2021/2185(INI)

Motion for a resolution
Paragraph 19 a (new)
19a. Recognises that resources for the Commission's Directorate General for Competition (DG COMP) should be adequate to its workload and range of tasks; considers the need to ensure specific expertise in the context of the digital economy;
2022/01/27
Committee: ECON
Amendment 235 #

2021/2185(INI)

Motion for a resolution
Paragraph 20
20. Urges the Commission to accelerate work to deliver on its commitment to reviewing its notice on the definition of relevant market;
2022/01/27
Committee: ECON
Amendment 248 #

2021/2185(INI)

Motion for a resolution
Paragraph 21
21. Acknowledges the Commission guidance on certain aspects of Article 22 of the Merger Regulation6 ; expresses concern, however, that this initiative may not be sufficient to adapt the regulation to the needs of modern business models, such as on killer acquisitions that risk jeopardising innovation; __________________ 6 OJ L 24, 29.1.2004, p. 1.
2022/01/27
Committee: ECON
Amendment 261 #

2021/2185(INI)

Motion for a resolution
Paragraph 23 a (new)
23a. Remains deeply concerned about the far-reaching concentration in the European agricultural and food supply chain; reiterates its call on the Commission to urgently conduct a thorough analysis of the extent and effect of buying alliances, thereby devoting special attention to guaranteeing fair competition and greater transparency in supermarket and hypermarket chains’ commercial practices, particularly where such practices affect brand value and product choice or limit innovation or price comparability;
2022/01/27
Committee: ECON
Amendment 32 #

2021/2074(INI)

Motion for a resolution
Recital B
B. whereas although tax policy largely remains, in principle, a Member State responsibility, the single market can requires a minimum degree of coordination in setting tax policy1; _________________ 1 As laid down in Articles 110-118 TFEU.
2021/10/28
Committee: ECON
Amendment 40 #

2021/2074(INI)

Motion for a resolution
Recital C
C. whereas tax policy fragmentation can creates various obstacles for companies and citizens in the single market, including legal uncertainty, red tape, the risk of double taxation and difficulties claiming tax refunds; whereas these obstacles can discourage cross-border economic activity in the single market; whereas policy fragmentation also creates risks for tax authorities such as double non-taxation and arbitrage possibilities (such as tax planning);
2021/10/28
Committee: ECON
Amendment 86 #

2021/2074(INI)

Motion for a resolution
Paragraph 3
3. Highlights that differences in national tax regimes can present obstacles to SMEs trying to operate across borders; stresses that compared to multinational enterprises, SMEs have fewer resources to spend on tax compliance and tax optimisation; points out that the share of expenditure used for tax compliance purposes is higher for SMEs than for multinational enterprises;
2021/10/28
Committee: ECON
Amendment 93 #

2021/2074(INI)

Motion for a resolution
Paragraph 4
4. Notes that tax base harmonisation such as the common corporate tax base or the ‘Business in Europe: Framework for Income Taxation’agreed within the OECD could reduce the cost of tax compliance for SMEs that operate in more than one Member State;
2021/10/28
Committee: ECON
Amendment 5 #

2021/2063(INI)

Motion for a resolution
Citation 7
— having regard to Articles 123, 127(1) and (2), 130 and 284(3) of the Treaty on the Functioning of the European Union (TFEU),
2021/10/13
Committee: ECON
Amendment 23 #

2021/2063(INI)

Motion for a resolution
Recital A
A. whereas, according to the Commission’s Summer 2021 Economic Forecast, GDP contracted in 2020 by 6 % in the EU and 6.5 % in the euro area; whereas GDP is forecast to grow by 4.8 % in 2021 and 4.5 % in 2022 in both the EU and the euro area, with significant growth inequalities persisting between and withidifferences in the pace of growth between the Member States;
2021/10/13
Committee: ECON
Amendment 31 #

2021/2063(INI)

Motion for a resolution
Recital C
C. whereas, according to the Eurosystem staff macroeconomic projections of June 2021, annual inflation for the euro area in the Harmonised Index of Consumer Prices (HICP) will be 1.9 % in 2021, 1.5 % in 2022 and 1.4 % in 2023 on average; whereas inflation projections show substantial variance across the euro area; whereas many EU citizens and industries are now confronted with even higher inflation rates and doubt that this figures are temporary and transitionary;
2021/10/13
Committee: ECON
Amendment 39 #

2021/2063(INI)

Motion for a resolution
Recital D
D. whereas, at the end of 2020, the size of the Eurosystem balance sheet had reached its all-time peak of EUR 6 979 324 million, an increase of almost 50 % (EUR 2 306 233 million) compared with the end of 2019, mainly due to the increase in Eurosystem refinancing operations;
2021/10/13
Committee: ECON
Amendment 47 #

2021/2063(INI)

Motion for a resolution
Recital E
E. whereas, without prejudice to the objective of price stability, the ECB should support the general economic policies in the Union with a view to contributing to the achievement of the objectives of the Union as laid down in Article 3 TEU; whereas these objectives include the promotion of peoples’ well-being, economic, social and territorial cohesion, balanced economic growth, a highly competitive social market economy aiming at full employment and social progress, and a high level of protection and improvement of the quality of the environment;
2021/10/13
Committee: ECON
Amendment 53 #

2021/2063(INI)

Motion for a resolution
Recital E a (new)
E a. whereas SMEs have been severely impacted by the COVID-19 crisis; whereas developments in the general economic outlook have negatively affected their access to finance; whereas SMEs, which remain the backbone of the EU's economy and societies, and which enhance economic and social cohesion, need further support;
2021/10/13
Committee: ECON
Amendment 55 #

2021/2063(INI)

Motion for a resolution
Recital E a (new)
E a. whereas a monetary union can only exist with fiscal responsibility and efficient markets within the Member States;
2021/10/13
Committee: ECON
Amendment 59 #

2021/2063(INI)

Motion for a resolution
Recital E b (new)
E b. whereas each institution named in the Article 13 TEU shall act within the limits of the powers conferred on it in the Treaties, and in conformity with the procedures, conditions and objectives set out in them;
2021/10/13
Committee: ECON
Amendment 60 #

2021/2063(INI)

Motion for a resolution
Recital E b (new)
E b. whereas the ECB's legitimacy is closely linked to its mandate of maintaining price stability;
2021/10/13
Committee: ECON
Amendment 63 #

2021/2063(INI)

Motion for a resolution
Recital E c (new)
E c. whereas Article 123 TFEU sets the prohibition on monetary financing by ECB;
2021/10/13
Committee: ECON
Amendment 67 #

2021/2063(INI)

Motion for a resolution
Paragraph 1
1. Welcomes the role of the ECB in safeguarding euro stability; Highlights that the statutory independence of the ECB is a prerequisite for it to fulfil its mandate; notes that independence requires that the ECB must not seek or take instructions from Union institutions or bodies, from any government of a Member State or from any other body; stresses that this independence must not be infringed on, and highlights that central bank independence should always be complemented by a corresponding level of accountability;
2021/10/13
Committee: ECON
Amendment 88 #

2021/2063(INI)

Motion for a resolution
Paragraph 3
3. Is deeply concerned about the unprecedented healthcare, social and economic crisis caused by the COVID-19 pandemic and the economic lockdowns, resulting in a sharp contraction of the euro area economy, a sharp increase in economic and social inequalities, and rapidly deteriorating labour market conditions; notes that euro area activity is expected to rebound, although the speed, scale and evenness of the rebound remains highly uncertain;
2021/10/13
Committee: ECON
Amendment 95 #

2021/2063(INI)

Motion for a resolution
Paragraph 4
4. Stresses that sustainable growth, resilience and price stability cannotwill be achieved by monetary polica comprehensive response, by calone and that supportive and discretionaryibrated mix of monetary policy and fiscal policy and socially balanced and productivity-enhancing reforms and investments are also necessary; acknowledges; takes note President Lagarde’s call for full alignment of fiscal and monetary policies in tackling the COVID-19 crisis;
2021/10/13
Committee: ECON
Amendment 100 #

2021/2063(INI)

Motion for a resolution
Paragraph 5
5. Agrees withTakes note of the ECB President’s statement of 10 June 2021 that ‘an ambitious and coordinated fiscal stance remains crucial, as a premature withdrawal of fiscal support would risk weakening the recovery and amplifying the longer-term scarring effects’; points at the same time however at possible severe side effects, such as the increase of zombie firms, which leads to lower levels of productivity growth and a higher number of non- performing loans;
2021/10/13
Committee: ECON
Amendment 103 #

2021/2063(INI)

Motion for a resolution
Paragraph 5
5. Agrees with theTakes note of ECB President’s statement of 10 June 2021 that ‘an ambitious and coordinated fiscal stance remains crucial, as a premature withdrawal of fiscal support would risk weakening the recovery and amplifying the longer-term scarring effects’;
2021/10/13
Committee: ECON
Amendment 107 #

2021/2063(INI)

Motion for a resolution
Paragraph 6
6. Underlines the importance of a central fiscal capacity capable of providing a counter-cyclical stabilisation function and timely and adequate support in the event of economic shocks;deleted
2021/10/13
Committee: ECON
Amendment 115 #

2021/2063(INI)

Motion for a resolution
Paragraph 7
7. Echoes President Lagarde’s call for the revision and simplification of the Stability and Growth Pact to be carried out before the deactivation of the general escape clause;deleted
2021/10/13
Committee: ECON
Amendment 126 #

2021/2063(INI)

Motion for a resolution
Paragraph 8
8. Welcomes the ECB’squick and substantially eased ECB monetary policy stance in response to the COVID-19 crisis, in a context of emergency; acknowledges the positive impact of this response on the economic situation of the euro area; which includes the introduction of the pandemic emergency purchase programme (PEPP), the relaxation of the eligibility and collateral criteria and the offer of new longer-term refinancing operations; welcomes, moreover, the ECB’s decision to maintain instruments, such as forward guidance, asset purchases and longer-term refinancing operations, as an integral part of its toolkit;
2021/10/13
Committee: ECON
Amendment 140 #

2021/2063(INI)

Motion for a resolution
Paragraph 9
9. Welcomes the ECB’s decision to continue to conduct net asset purchases at a significantly higher pace under the PEPP until at least the end of March 2022; Recalls the temporary nature of the PEPP;
2021/10/13
Committee: ECON
Amendment 141 #

2021/2063(INI)

Motion for a resolution
Paragraph 9
9. Welcomes the ECB’s decision to continue to conduct net asset purchases at a significantly higher pace under thHighlights that the ECB recently has slowed down the pace of its Pandemic Emergency Purchase Programme (PEPP until at least the); Reminds that PEPP remains on track to end ofnext March 2022;
2021/10/13
Committee: ECON
Amendment 151 #

2021/2063(INI)

Motion for a resolution
Paragraph 10
10. WelcomesTakes note of the ECB’s expectation that monthly net asset purchases under the asset purchase programme (APP) will continue to run for as long as necessary to reinforce the accommodative impact of its policy rates;
2021/10/13
Committee: ECON
Amendment 157 #

2021/2063(INI)

Motion for a resolution
Paragraph 10
10. Welcomes the ECB’s expectation that monthly net asset purchases under the asset purchase programme (APP) will continue to run for as long as necessary to reinforce the accommodative impact of its policy rates; Reminds that according to the most recent ECB's governing council's decisions the asset purchase programme (APP), the pre-pandemic programme, will remain operational at the steady pace;
2021/10/13
Committee: ECON
Amendment 172 #

2021/2063(INI)

Motion for a resolution
Paragraph 12
12. Notes the ECB’s decision on a new symmetric inflation target of 2 % over the medium term and its commitment to maintain a persistently accommodative monetary policy stance in order to meet its inflation target; notes with concern that inflation rose to a decade-high 3 % in August 2021; calls on the ECB to evaluate and address this upward trend and its consequences more attentively;
2021/10/13
Committee: ECON
Amendment 173 #

2021/2063(INI)

Motion for a resolution
Paragraph 12
12. Notes the ECB’s decision on a new symmetric inflation target of 2 % over the medium term and its commitment to maintain a persistently accommodative monetary policy stance in order to meet its inflation target; notes with concern that inflation rose to a decade-high 3 % in August 2021; calls onUrges the ECB to evaluate and address this upward trend and its consequences more attentively, especially with regard to the economic recovery and the implementation of the Green Deal, which has the potential of further pushing prices upwards;
2021/10/13
Committee: ECON
Amendment 182 #

2021/2063(INI)

Motion for a resolution
Paragraph 13
13. Notes the ECB’s drecisommendation to include the costs related to owner- occupied housing in the HICP to better represent the inflation rate that is relevant for households; Reminds the impact of long-term low interest rates; underlines that low interest rates, on the one hand, offer opportunities to consumers, companies, including SMEs, workers and borrowers, who can benefit from stronger economic momentum, lower unemployment and lower borrowing costs; regrets, on the other hand, the increase of unviable and highly indebted business, the reduced incentive for governments to pursue growth and sustainability-enhancing reforms, as well as detrimental effects on insurers and pension funds, and stresses the financial burden that this places on many citizens across the Union;
2021/10/13
Committee: ECON
Amendment 206 #

2021/2063(INI)

Motion for a resolution
Paragraph 14
14. Recalls that, as an EU institution, the ECB is bound by the Paris Agreement and that thNotes, respecting the independence of the ECB, the impact of climate change on inflation dynamics and transmission risks in monetary policy; recalls the impact of the ECB in maintaining price stability; recall that the ECB, as a European institution, is shboulnd be reflected in its policiesy the Paris Agreement;
2021/10/13
Committee: ECON
Amendment 211 #

2021/2063(INI)

Motion for a resolution
Paragraph 15
15. Agrees with the ECB that tackling the climate emergency touches not only upon its secondary but also upon its primary mandate, given that climate change and its consequences pose a threat to price stability;deleted
2021/10/13
Committee: ECON
Amendment 227 #

2021/2063(INI)

Motion for a resolution
Paragraph 16
16. WelcomNotes the ECB’s new action plan and its detailed roadmap of climate change-related actions to further incorporate climate change considerations into its policy framework;
2021/10/13
Committee: ECON
Amendment 232 #

2021/2063(INI)

Motion for a resolution
Paragraph 17
17. Believes that the market neutrality principle fshalls short of the commitments under the Paris Agreement and the EU’s objective of achieving climate neutrality by 2050 at the lat not be subject to the policy decisions adopted by the Union; notes that the ECB has already deviated from market neutrality in several instancest; notereminds that the ECB has already deviated from market neutrality in several instanconcept of market neutrality is related to the Treaty principle of "an open market economy with free competition, favouring an efficient allocation of resources";
2021/10/13
Committee: ECON
Amendment 250 #

2021/2063(INI)

Motion for a resolution
Paragraph 18
18. RegretWelcomes the fact that green bond issuance in the EU repthe purchases of green bonds and their share of the ECB's portfolio continue to increasents only 2.6 % of the EU’s total bond issuance; considers the percentage to be low when taking into account the needs of the green transition;
2021/10/13
Committee: ECON
Amendment 252 #

2021/2063(INI)

Motion for a resolution
Paragraph 18
18. Regrets the fact that green bond issuance in the EU represents only 2.6 % of the EU’s total bond issuanceCalls on the ECB to look into the risk of green asset bubbles and its possible effect on price stability;
2021/10/13
Committee: ECON
Amendment 287 #

2021/2063(INI)

Motion for a resolution
Paragraph 21
21. Is concerned about the risks caused by the seriousUnderstands the delay in completing the third pillar of the banking union; welcomes the ECB’s long-standing support of, as risk reduction is a conditione sine qua non for the establishment of a fully fledged European Deposit Insurance Scheme (EDIS);
2021/10/13
Committee: ECON
Amendment 289 #

2021/2063(INI)

Motion for a resolution
Paragraph 21
21. Is concerned about the risks caused by the serious delay in completing the third pillarNotes the repeated calls of the ECB for the completion of the banking union; welcomes the ECB’s long-standing support of the establishment of a fully fledged European Deposit Insurance Scheme (EDIS);
2021/10/13
Committee: ECON
Amendment 299 #

2021/2063(INI)

Motion for a resolution
Paragraph 22
22. Welcomes the ECB’s decision to launch a 24-month investigation phase of a digital euro project; calls on the ECB to effectively address the expectations and concerns raised during the public consultation on a digital euro; reiterates that a digital euro does not constitute a crypto-asset; reminds that a digital euro would have to satisfy a range of minimal requirements including robustness, safety, efficiency and protection of privacy; furthermore stresses that a digital euro must not endanger cash as means of payment;
2021/10/13
Committee: ECON
Amendment 311 #

2021/2063(INI)

Motion for a resolution
Paragraph 23
23. Welcomes the continuous efforts of the ECB to strengthen its response and recovery capabilities in the event of cyberattacks; notes with concern several technical failures of the TARGET2 settlement system in 2020, while welcomes the subsequent investigation of these failures by the ECB;
2021/10/13
Committee: ECON
Amendment 313 #

2021/2063(INI)

Motion for a resolution
Paragraph 23
23. Welcomes the continuous efforts of the ECB to strengthen its response and recovery capabilities in the event of cyberattacks and warns for the increasing risk cyber attacks pose on the banking sector;
2021/10/13
Committee: ECON
Amendment 315 #

2021/2063(INI)

Motion for a resolution
Paragraph 24
24. Calls on the ECB to step up its monitoring of the development of crypto- currencies and the related risks in terms of cybersecurity and money laundering;deleted
2021/10/13
Committee: ECON
Amendment 325 #

2021/2063(INI)

Motion for a resolution
Paragraph 24 a (new)
24 a. Recalls the support of the ECB for the implementation of Basel III, as this would lower the risk of a banking crisis and thus enhance financial stability within the EU;
2021/10/13
Committee: ECON
Amendment 335 #

2021/2063(INI)

Motion for a resolution
Paragraph 26
26. Stresses the need to further enhance the accountability and transparency arrangements of the ECB; recognises the steps taken by the ECB; repeatsinsists on its call to launch negotiations on a formal interinstitutional agreement;
2021/10/13
Committee: ECON
Amendment 355 #

2021/2063(INI)

Motion for a resolution
Paragraph 30
30. Welcomes the ECB’s new strategy to further improve the gender balance of its staff at all levels; notes the increasing share of women in managerial positions, which, however, remains low;
2021/10/13
Committee: ECON
Amendment 357 #

2021/2063(INI)

Motion for a resolution
Paragraph 30 a (new)
30 a. Reiterates that a vacant position should simply go to the best woman or man;
2021/10/13
Committee: ECON
Amendment 10 #

2021/2046(INI)

Motion for a resolution
Citation 5 a (new)
— having regard to the European Parliament resolution "Towards Future- proof Inland Waterway Transport (IWT) in Europe" (2021/2015(INI)),
2021/05/27
Committee: TRAN
Amendment 11 #

2021/2046(INI)

Motion for a resolution
Citation 5 b (new)
— having regard to the European Parliament resolution of 27 April 2021 on technical and operational measures for more efficient and cleaner maritime transport (2019/2193(INI)),
2021/05/27
Committee: TRAN
Amendment 13 #

2021/2046(INI)

Motion for a resolution
Citation 5 c (new)
— having regard to the Council Conclusions of 5 June 2020 on "EU Waterborne Transport Sector - Future outlook: Towards a carbon-neutral, zero accidents, automated and competitive EU Waterborne Transport Sector",
2021/05/27
Committee: TRAN
Amendment 45 #

2021/2046(INI)

Motion for a resolution
Recital D a (new)
Da. whereas the COVID-19 pandemic has clearly demonstrated the critical and strategic function of transport in general and ports in particular;
2021/05/27
Committee: TRAN
Amendment 57 #

2021/2046(INI)

Motion for a resolution
Recital E a (new)
Ea. whereas the modal split for intra- EU freight trade has not significantly changed from 2008 to 2018; whereas road is the leading mode of freight transport (51%), followed by maritime transport (29,2 %), rail transport (12,6 %) and inland navigation (3,9%) 1a. _________________ 1a SWD (2020) 331, p. 119
2021/05/27
Committee: TRAN
Amendment 59 #

2021/2046(INI)

Motion for a resolution
Recital E b (new)
Eb. whereas further action is urgently needed to achieve the objective of shifting a substantial part of the 75% of inland freight carried today by road, onto rail and inland waterways; whereas it is crucial in this regard to link new sustainable circular and energy markets to waterborne transport;
2021/05/27
Committee: TRAN
Amendment 63 #

2021/2046(INI)

Motion for a resolution
Recital E c (new)
Ec. whereas an important share of EU inland waterway freight is seaport related; whereas both sea and inland ports play an important role as multimodal hubs offering connections to other modes of transport that can also take over freight loads temporarily, and whereas it is therefore important and required by TEN- T guidelines that sea and inland ports are well connected with each other and have good connections with the hinterland;
2021/05/27
Committee: TRAN
Amendment 65 #

2021/2046(INI)

Motion for a resolution
Recital E d (new)
Ed. whereas the EU waterborne transport sector is of EU strategic interest for its integrity of supply and for the competitiveness of EU ports;
2021/05/27
Committee: TRAN
Amendment 87 #

2021/2046(INI)

Motion for a resolution
Recital H a (new)
Ha. whereas odometer fraud continues to be a serious and widespread problem in the EU; whereas between 30 % and 50 % of all second-hand cars traded across the EU’s internal borders are manipulated, which is detrimental to consumer confidence, road safety and environmental performance, and leads to huge economic losses; whereas both Belgium (Car-Pass) and the Netherlands (Nationale Autopas) have developed best practices to tackle odometer fraud and both of these systems have managed to significantly reduce mileage fraud in a cost-efficient manner;
2021/05/27
Committee: TRAN
Amendment 101 #

2021/2046(INI)

Motion for a resolution
Recital H b (new)
Hb. whereas research and innovation reinforce the sustainability, digitalisation, automation and resilience of the transport and mobility system and of all modes and moreover foster the development of interoperable solutions between modes of transport and across Member States and regions;
2021/05/27
Committee: TRAN
Amendment 291 #

2021/2046(INI)

Motion for a resolution
Paragraph 6 a (new)
6a. Stresses the crucial and strategic functions of both inland and sea ports as connecting points between different transport modes and as genuine hubs of transport, energy, industry, new circular commodities and blue economy; emphasises that creating zero-emission ports requires the encouragement of bottom-up port initiatives and joint efforts of all stakeholders;
2021/05/27
Committee: TRAN
Amendment 292 #

2021/2046(INI)

Motion for a resolution
Paragraph 6 b (new)
6b. Believes that the exchange of best practices, certification tools such as EcoPorts together with tailored port- specific roadmaps are the most efficient means to deliver on this flagship;
2021/05/27
Committee: TRAN
Amendment 323 #

2021/2046(INI)

Motion for a resolution
Paragraph 8 a (new)
8a. Welcomes the Commission's technology neutral approach on greening maritime transport, recognising that decarbonisation will require a heterogeneous energy mix;
2021/05/27
Committee: TRAN
Amendment 328 #

2021/2046(INI)

Motion for a resolution
Paragraph 8 b (new)
8b. Underscores the potential of hydrogen in this regard and points to the crucial role of ports in the supply, production and import of both hydrogen and renewable energy; believes that sufficient flexibility must be ensured regarding potential standards for future hydrogen infrastructure;
2021/05/27
Committee: TRAN
Amendment 336 #

2021/2046(INI)

Motion for a resolution
Paragraph 8 c (new)
8c. Stresses that the decarbonisation and energy transition agenda requires adequate financing and infrastructure investments; highlights the importance of funding for ports via the Connecting Europe Facility and through the Recovery and Resilience Plans of the Member States;
2021/05/27
Committee: TRAN
Amendment 362 #

2021/2046(INI)

Motion for a resolution
Paragraph 9
9. Welcomes the Commission’s idea to offer consumers carbon-neutral choices for scheduled collective travel by 2030, but underlines that these choices should be available for journeys up to 1 000 km; regrets however that the Commission does not take the potential of maritime passenger transport into account in this context;
2021/05/27
Committee: TRAN
Amendment 463 #

2021/2046(INI)

Motion for a resolution
Paragraph 12 a (new)
12a. Points to the potential of ports to facilitate sustainable urban last-mile connections; recalls that the completion and upgrading of road and train connections to inland and seaports in the TEN-T core network is crucial in this regard;
2021/05/27
Committee: TRAN
Amendment 468 #

2021/2046(INI)

Motion for a resolution
Paragraph 12 b (new)
12b. Welcomes that Commission considers cities are as frontrunners for sustainable urban mobility; stresses the importance of supporting local authorities without increasing administrative burden; considers a bottom-up approach key in view of the interoperability of mobility standards;
2021/05/27
Committee: TRAN
Amendment 496 #

2021/2046(INI)

Motion for a resolution
Paragraph 13 a (new)
13a. Welcomes the recognition of short sea shipping as a sustainable mode of transport but regrets that the targets put forward are not accompanied by a strategy nor measures to achieve them; stresses the importance of a level playing field for short sea shipping versus other modes of transport within the TEN-T;
2021/05/27
Committee: TRAN
Amendment 532 #

2021/2046(INI)

Motion for a resolution
Paragraph 15
15. Welcomes the inclusion of the maritime sector in the EU emissions trading system (ETS) andAwaits the impact assessment of the European Commission regarding the possible integration of the maritime sector in the EU emissions trading system (ETS) in view of safeguarding the global level playing field and the competitiveness of the European maritime sector and ports and ensuring the compatibility with the international framework; welcomes the planned reduction of allowances allocated for free to the aviation sector;
2021/05/27
Committee: TRAN
Amendment 640 #

2021/2046(INI)

Motion for a resolution
Paragraph 23 a (new)
23a. Stresses that the partnerships and missions established under the Horizon Europe Programme are important tools to concretise the goals of sustainability and interoperability;
2021/05/27
Committee: TRAN
Amendment 693 #

2021/2046(INI)

Motion for a resolution
Paragraph 27 a (new)
27a. Supports the Commission's ambition to complete the TEN-T without delay; stresses the importance of upgrading and modernising existing infrastructure in view of a resilient and future-proof network; furthermore, emphasises that the maritime dimension should be urgently considered on equal footing with land-based connections and forms an integral part of the TEN-T;
2021/05/27
Committee: TRAN
Amendment 779 #

2021/2046(INI)

Motion for a resolution
Paragraph 31 a (new)
31a. Continues to advocate for a legislative framework to combat odometer fraud or to ensure at least a reliable and comprehensive central registration system in the Member States, the exchange of mileage data between Member States and access to mileage data for consumers 1a; _________________ 1a Texts adopted, P8_TA(2018)023
2021/05/27
Committee: TRAN
Amendment 5 #

2021/2015(INI)

Motion for a resolution
Citation 8 a (new)
– having regard to Regulation (EU) 1315/2013 on EU guidelines for the development of the trans-European transport network 1a, _________________ 1a OJ L 348, 20.12.2013
2021/04/30
Committee: TRAN
Amendment 8 #

2021/2015(INI)

Motion for a resolution
Citation 9 a (new)
– having regard to the Council Conclusions of 5 June 2020 on "EU Waterborne Transport Sector - Future outlook: Towards a carbon-neutral, zero accidents, automated and competitive EU Waterborne Transport Sector",
2021/04/30
Committee: TRAN
Amendment 14 #

2021/2015(INI)

Motion for a resolution
Recital -A (new)
-A. whereas the EU waterborne transport sector, including inland waterway transport, is of EU strategic interest for its integrity of supply and for the competitiveness of EU ports; whereas 75% of inland waterway navigation occurs cross-border and coordination is thus essential for the European single market;
2021/04/30
Committee: TRAN
Amendment 18 #

2021/2015(INI)

Motion for a resolution
Recital A
A. whereas European countries have a variety of different fleets of inland vessels, which makes inland waterway transport very convenient and useful for transporting different types and large quantities of cargo to different destinations on either large or small riversver water;
2021/04/30
Committee: TRAN
Amendment 20 #

2021/2015(INI)

Motion for a resolution
Recital A a (new)
Aa. whereas inland waterway transport is an essential pillar in the shift towards multimodal sustainable transport but at the same time faces important challenges; whereas the share of inland waterways in freight movement across the EU is around 6%; whereas further action is urgently needed to achieve the objective of shifting a substantial part of the 75% of inland freight carried today by road, onto rail and inland waterways; whereas it is crucial in this regard to link new sustainable circular and energy markets to inland waterway transport;
2021/04/30
Committee: TRAN
Amendment 21 #

2021/2015(INI)

Motion for a resolution
Recital A a (new)
Aa. whereas the inland waterway transport sector strongly believes that greening the sector is key in view of its long-term competitiveness and in order to enable the sector to play a significant, reliable and credible role in the multimodal shift; whereas a broad reflection on how to finance this green transition is ongoing in the sector1a; whereas the time has come for concrete measures, tools and means to facilitate putting this ambition into practice; _________________ 1aE.g. the study of the Central Commission for the Navigation of the Rhine, https://www.ccr-zkr.org/12080000- en.html
2021/04/30
Committee: TRAN
Amendment 22 #

2021/2015(INI)

Motion for a resolution
Recital A a (new)
Aa. whereas insufficient infrastructure investments have led to a backlog; whereas qualitative infrastructure is the basis and backbone of a successful inland waterway sector; whereas increasing capacity has its limits and focus should equally be on increasing performance and ensuring a 24/7 reliability of the sector;
2021/04/30
Committee: TRAN
Amendment 32 #

2021/2015(INI)

Motion for a resolution
Recital B
B. whereas an important share of EU inland waterway freight is seaport related; whereas both sea and inland ports play an important role as multimodal connecting points offeringhubs offering connections to other modes of transport that can also take over freight loads temporarily, and whereas it is therefore important that sea and inland portsand required by TEN-T guidelines that sea and inland ports are well connected with each other and have good connections with the hinterland;
2021/04/30
Committee: TRAN
Amendment 39 #

2021/2015(INI)

Motion for a resolution
Recital C
C. whereas river cruises, day trip vessels, ferries, water taxis and water shuttles should become a cleaner option for tourism and public transport in regions and cities with accessible and navigable rivers and canal(inland)waterways, which would make urban mobility more sustainable and effective; whereas the Sustainable and Smart Mobility Strategy should take this into account;
2021/04/30
Committee: TRAN
Amendment 56 #

2021/2015(INI)

Motion for a resolution
Paragraph 1
1. Calls on the Commission to take the initiative on green and digital leadership and to build on existing programmes such as NAIADES, which should inspire all stakeholders within the waterway transport sector, as well as other transport sectors, and in particular rail, to work together towards a sustainable future, while supporting the competitiveness of the sector as a whole; emphasises that inland waterways offer an excellent transport mode for commodities stemming from new circular economy markets and that a coordination of transport, environmental and industrial policies is key to seize these opportunities;
2021/04/30
Committee: TRAN
Amendment 64 #

2021/2015(INI)

Motion for a resolution
Paragraph 2
2. Stresses that more and regular investment in updating river and canal infrastructureand upgrading the physical and digital infrastructure of (inland) waterways (for example, locks, bridges and interoperable deployment of digital technologies across borders) is key in view of the sector's performance and reliability and to prevent deterioration, while respecting the applicable environmental law;
2021/04/30
Committee: TRAN
Amendment 84 #

2021/2015(INI)

Motion for a resolution
Paragraph 3
3. Notes that there is not a ‘one size fits all’ solution for tackling the problem of low and high water levels as a result of climate change; deplores, however, that the problems of the inland waterway sector, caused by the low water levels, have not been taken duly into account; believes that Member States' action plans to combat low water levels and a coordination thereof are a necessary tool;
2021/04/30
Committee: TRAN
Amendment 92 #

2021/2015(INI)

Motion for a resolution
Paragraph 3 a (new)
3a. Underscores furthermore that investments in inland waterway transport infrastructure in and around seaports are of paramount importance; considers that a close cooperation between all stakeholders of the logistics value chain is necessary;
2021/04/30
Committee: TRAN
Amendment 97 #

2021/2015(INI)

Motion for a resolution
Paragraph 4
4. Highlights the importance of further encouraging and supporting initiatives aimed at the use of alternative fuels and propulsion methods for inland waterway shipping in accordance with the principle of technological neutrality; points out, in this regard, the value of liquefied natural gas (LNG) as a transitional solution to reduce greenhouse gas emissions in inland waterway transport; notes that the existing, technically mature vessels and distribution infrastructure now based on LNG could be used for biogas and will therefore be essential in scaling up Bio- LNG as a marine fuelat inland shipping will require a heterogeneous alternative energy mix; calls on the Commission to ensure legal certainty through a coherent package in this regard (alternative fuels, ship requirements, energy taxation) and to allow for innovative pilot projects meanwhile;
2021/04/30
Committee: TRAN
Amendment 112 #

2021/2015(INI)

Motion for a resolution
Paragraph 5
5. Highlights that low-emission and zero-emission alternatives should become more financially attractive than conventional propulsions and that this trend should be accelerated, for example by a smart mix of grants and loans and a realistic, progressively increasing blending percentage based on an impact assessment;
2021/04/30
Committee: TRAN
Amendment 132 #

2021/2015(INI)

Motion for a resolution
Paragraph 7
7. Notes that far-reaching digitalisation and data collection contributes to a cleaner environment and improved safety on board and result in more efficient routing and better communication and information exchange between ships, ports and infrastructure; stresses the need to further harmonise River Information Services (RIS), which would solve the problems arising from different interpretations of technical standards and the lack of comparable data, and underlines the need to prepare for a common framework for interoperable data exchange with otherbetween modes of transport;
2021/04/30
Committee: TRAN
Amendment 143 #

2021/2015(INI)

Motion for a resolution
Paragraph 8
8. Stresses the importance of connecting existing digital transport policy frameworks and of making sure that transport data are available through a single point of access in order to achieve efficiency gains in waterborne freight transport; calls on the Commission in this regard to come up with an EU action plan for multimodal transport data sharingigital infrastructure that enables data sharing and interoperability, with the goal of achieving a synchromodal, connected and automated transport system by 2035 at the latest;
2021/04/30
Committee: TRAN
Amendment 157 #

2021/2015(INI)

Motion for a resolution
Subheading 4
Ports: from transshipment points for fossil fuels to clean energy and circular hubs
2021/04/30
Committee: TRAN
Amendment 161 #

2021/2015(INI)

Motion for a resolution
Paragraph 10
10. Stresses the role of inland ports as strategic, multimodal nodes in the logistics system; stresses, therefore, that inland ports as well as sea ports should have efficient hinterland connections with a focus on connecting to the TEN-T core and comprehensive corridors where possible; supports the increasing cooperation and clustering between sea and inland ports;
2021/04/30
Committee: TRAN
Amendment 180 #

2021/2015(INI)

Motion for a resolution
Paragraph 11 a (new)
11a. Emphasises the potential of both sea and inland ports to become circular and clean energy hubs and calls on the Commission to establish a stronger link between its circular economy and inland waterway transport policies in order to unlock this potential;
2021/04/30
Committee: TRAN
Amendment 198 #

2021/2015(INI)

Motion for a resolution
Paragraph 14
14. Stresses the importance of existing EU funding instruments for greening and digitalising our European inland waterway transport sector, such as the Connecting Europe Facility (CEF), Horizon Europe and the Structural and Cohesion Funds, and the need to mobilise them to finance investments in alternative fuels and adequate ships and infrastructure; highlights furthermore the importance of using the taxonomy to enable sustainable investments in inland waterway infrastructure;
2021/04/30
Committee: TRAN
Amendment 211 #

2021/2015(INI)

Motion for a resolution
Paragraph 16
16. Calls on the Commission to set up a dedicated European inland waterway fund for greening and digitalisation, including a corridor one-stop-shop system that is easily accessible for help and assistance and has the possibility to combine projects into a single application, thus increasing the chances for funding; stresses that the fund should be financed through the reserve funds created under Regulation (EU) 546/20149 , where possible complemented with national funds and contributions, and should provide for the possibility of blending with the CEF and the Structural and Cohesion Fundsby national funds and other both private and public contributions, including the EIB, and should provide for the possibility of blending with the CEF and the Structural and Cohesion Funds; considers that the reserve funds created under Regulation (EU) 546/20149 should serve as an additional source for financing this inland waterway fund; _________________ 9 OJ L 163, 29.5.2014, p. 15.
2021/04/30
Committee: TRAN
Amendment 30 #

2021/2012(INI)

Draft opinion
Paragraph 2 a (new)
2 a. Highlights the importance of ensuring a sustainable, fair and responsible development of the offshore renewable energy sector, taking into account the critical role of maritime transport and seaports; the development of offshore renewable energy should take into account the need for safe maritime access lanes and corridors, anchorage areas for shipping and the potential future development of maritime access lanes to the ports; stresses therefore the need to consult at an early stage with the port managing bodies and relevant stakeholders and to prioritise a bilateral and multilateral Maritime Spatial Planning cooperation between Member States to guarantee the safety and continued functioning of shipping;
2021/05/17
Committee: TRAN
Amendment 18 #

2021/2010(INI)

Motion for a resolution
Recital A
A. whereas current international corporate tax rules are based on principles which were developed in the early 20th century and are no longer always suited to an increasingly globalised and digitalised economy;
2021/03/01
Committee: ECON
Amendment 64 #

2021/2010(INI)

Motion for a resolution
Paragraph 2
2. Regrets the shortcomings of the international tax system, which is unot always fit for properly addressing the challenges of globalisation and digitalisation; calls for an international agreement aiming for a fair and effective tax system, while respecting national sovereignty in the field of taxation and safeguarding as far as possible the economically sound principle of tax competition; ;
2021/03/01
Committee: ECON
Amendment 111 #

2021/2010(INI)

Motion for a resolution
Paragraph 7
7. Welcomes the proposal under Pillar One of a new tax nexus and new taxing rights which would create the possibility of taxing multinational enterprises (MNEs) in market jurisdictions, even where they have no physical presence based on their economic activity; underlines that the interaction with users and consumers significantly contributes to value creation in digital business models, and should therefore be taken into account when allocating taxing rights; stresses that the scope of these new taxing rights should cover all large MNEs which could engage in BEPS practices, while not creating further and unnecessary burdens on SMEs or increasing the cost of services for users;
2021/03/01
Committee: ECON
Amendment 164 #

2021/2010(INI)

Motion for a resolution
Paragraph 11 a (new)
11a. Stresses that the EU should nevertheless exercise caution in taking unilateral measures; observes that, if such measures were taken, it would be necessary to do more than simply pay lip service to the principle of national tax sovereignty of the Member States and the economically sound principle of tax competition and ensure that these measures did not result in higher burdens or more expensive services for consumers and SMEs;
2021/03/01
Committee: ECON
Amendment 194 #

2021/2010(INI)

Motion for a resolution
Paragraph 13
13. RegretNotes that the Council did not agree on any of the Commission’s related proposals, i.e. the digital services tax, the significant digital presence or the CCTB and CCCTB; calls on the Member States to reconsider their position on these proposals, and to consider all options provided for by the Treaties if no unanimous agreement can be reached;
2021/03/01
Committee: ECON
Amendment 212 #

2021/2010(INI)

Motion for a resolution
Paragraph 15
15. Calls for a stronger role for Parliament in legislative procedures in the area of taxation; takes note of the Commission’s proposed roadmap to qualified majority voting in its communication entitled ‘Toward a more efficient and democratic decision-making in EU tax policy’;deleted
2021/03/01
Committee: ECON
Amendment 226 #

2021/2010(INI)

Motion for a resolution
Paragraph 15 a (new)
15a. Notes that it is the implementation of competition law, as opposed to taxes, that effectively stimulates true competitiveness and innovation, and thus curtailing the omnipotence of certain digital multinationals; urges the Commission to continue to focus on this;
2021/03/01
Committee: ECON
Amendment 314 #

2021/0420(COD)

Proposal for a regulation
Recital 30
(30) As stated in the Sustainable and Smart Mobility Strategy, an integration of the Core Network Corridors and of the Rail Freight Corridors into ‘European Transport Corridors’ is needed to increase synergies between infrastructure planning and the operation of transport. The European Transport Corridors should become the instrument for the development of sustainable and multimodal freight and passenger transport flows in Europe and for the development of interoperable high quality infrastructure and operational performance. As such, they should also be the tool to realise the vision of creating a highly competitive rail and inland waterway network across the Union.
2022/11/16
Committee: TRAN
Amendment 352 #

2021/0420(COD)

Proposal for a regulation
Recital 40
(40) A more sustainable, resilient and reliable rail freight network across Europe should be established to contribute to the competitiveness of combined transport. Essential in this are rail connections to ports and those should be maintained and remain accessible to users. The infrastructure for combined railway transport and of terminals should be upgraded to ensure that intermodal transport is primarily done by rail, inland waterways or short-sea shipping and that any initial and/or final legs carried out by road are as short as possible.
2022/11/16
Committee: TRAN
Amendment 389 #

2021/0420(COD)

Proposal for a regulation
Recital 45
(45) Inland waterways in Europe are characterised by a heterogeneous hydro- morphology which hampers a coherent performance for all waterway stretches. Inland waterways, especially free flowing stretches, may be heavily impacted by climate and weather conditions. In order to ensure reliable international traffic, while respecting the hydro-morphology and applicable environmental legislation, TEN- T requirements should take into account the specific hydro-morphology of each waterway (for example free-flowing or regulated rivers) as well as the objectives of environmental and biodiversity policies. Such an approach should be considered at river basin levelcorridor level in close cooperation with Member States and infrastructure managers.
2022/11/16
Committee: TRAN
Amendment 394 #

2021/0420(COD)

Proposal for a regulation
Recital 45 a (new)
(45a) As the cross-border multimodal nodes of the trans-European transport network, inland ports support rail and inland shipping, urban mobility, the circular economy, and sustainable logistics solutions.
2022/11/16
Committee: TRAN
Amendment 396 #

2021/0420(COD)

Proposal for a regulation
Recital 46
(46) Being the entry and exit points for the land infrastructure of the trans- European transport network, maritime ports play an important role as cross-border multimodal nodes which serve not only as transport hubs, but also as gateways for trade, industrial clusters and energy hubs, for example with regard to. As highlighted in the REPowerEU plan adopted by the Commission, there is a need for diversification of energy supplies and accelerated roll-out of renewable energy. Maritime ports can contribute to this goal through the deployment of off- shore wind installations, production of green hydrogen and transport and storage of liquefied natural gas. To strengthen synergies between the transport and energy sector in the efforts to decarbonise the Union’s economy, maritime ports can also play a role in transporting carbon dioxide through pipelines or other modes of transport.
2022/11/16
Committee: TRAN
Amendment 518 #

2021/0420(COD)

Proposal for a regulation
Recital 77
(77) In order to ensure uniform conditions for the implementation of this Regulation, implementing powers should be conferred on the Commission as regards implementing acts which specify reference water levels and minimum requirements per river basin (good navigation status)corridor, which define a single entity for the construction and management of cross- border infrastructure projects of common interest, which establish a methodology for the urban mobility data to be collected by Member States and implementing acts for each work plan of the European Transport Corridors and the two horizontal priorities as well as for the implementation of specific sections of the European Transport Corridor or for the implementation of specific transport infrastructure requirements of the European Transport Corridor or of the horizontal priorities. Those powers should be exercised in accordance with Regulation (EU) No 182/2011 of the European Parliament and of the Council32 . __________________ 32 Regulation (EU) No 182/2011 of the European Parliament and of the Council of 16 February 2011 laying down the rules and general principles concerning mechanisms for control by Member States of the Commission's exercise of implementing powers (OJ L 55, 28.2.2011, p. 13).
2022/11/16
Committee: TRAN
Amendment 1053 #

2021/0420(COD)

Proposal for a regulation
Article 20 – paragraph 1 – point g
(g) inland ports, including basic port infrastructure in the form of internal basins, quay walls, berths, jetties, docks, dykes, backfills, platforms, land reclamation and the infrastructure necessary for transport operations within the port area and outside the port area;
2022/11/17
Committee: TRAN
Amendment 1070 #

2021/0420(COD)

Proposal for a regulation
Article 22 – paragraph 2
2. Member States shall ensure that the inland waterway network, including connections referred to in Article 20(1), point (e), is maintained to enable efficient, reliable and safe navigation for users by ensuring minimum waterway requirements and levels of service and bylaid down in paragraph 3, point (a) and minimum levels of service as laid down in paragraph 3, points (b), (c) and (d) are complied with, Member states shall preventing the deterioration of these minimum requirements or any of its defined underlying criteria (Good Navigation Status)and of the status of the inland waterway network which exceeds these minimum requirements at the date of entry into force of this Regulation (Good Navigation Status). Deterioration due to events such as sedimentation in backwater areas of locks may only be allowed if inland waterway transport is not negatively affected.
2022/11/17
Committee: TRAN
Amendment 1074 #

2021/0420(COD)

Proposal for a regulation
Article 22 – paragraph 3 – introductory part
3. Member States shall in particular, by 31 December 2030, ensure that:
2022/11/17
Committee: TRAN
Amendment 1079 #

2021/0420(COD)

Proposal for a regulation
Article 22 – paragraph 3 – point a – paragraph 2
The reference water levels shall be established on the basis of the number of days per year on which the actual water level exceeded the specified reference water level. The Commission shall adopt implementing actsSubject to the approval of the Member States concerned in accordance with Article 172 TFEU, the Commission shall adopt implementing acts, to be elaborated in close cooperation with such Member States and, if applicable, in consultation with river navigation commissions set up by international agreements, specifying the reference water levels referred to in the previous subparagraph per river basincorridor, per waterway or per waterway section.. Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 59(3).
2022/11/17
Committee: TRAN
Amendment 1086 #

2021/0420(COD)

Proposal for a regulation
Article 22 – paragraph 3 – point a – paragraph 3
When specifying the reference water levels the Commission shall take into account the requirements which are set out in international conventions and in agreements concluded between Member States, including in the regulations adopted by the river navigation commissions set up by such conventions and agreements.
2022/11/17
Committee: TRAN
Amendment 1088 #

2021/0420(COD)

Proposal for a regulation
Article 22 – paragraph 3 – point a a (new)
(aa) rivers and canals meeting the minimum waterway requirements of paragraph 3(a) are assigned to a European Transport Corridor
2022/11/17
Committee: TRAN
Amendment 1091 #

2021/0420(COD)

Proposal for a regulation
Article 22 – paragraph 4 – subparagraph 1
At the request of a Member State, in duly justified cases, exemptions from the minimum requirements referred to in paragraph (3), point (a), may be granted by the Commission by means of implementing acts. Any request for exemption shall be based on a socio-economic cost-benefit analysis, the assessment of specific geographic or significant physical constraints and/or of potential negative impacts on environment and biodiversity. Member States carrying out activities for the development of inland waterway infrastructure improving navigability in accordance with national and EU strategy papers on sustainable transport development may apply for exemptions from the minimum requirements.
2022/11/17
Committee: TRAN
Amendment 1093 #

2021/0420(COD)

Proposal for a regulation
Article 22 – paragraph 5 – subparagraph 1 – introductory part
The Commission shall adopt implementing acts setting out requirements in cooperation with, where applicable, the respective river navigation commissions, complementing the minimum requirements established in accordance with paragraph (3), point (a), second subparagraph, per river basicorridor and, when necessary, per waterway or per waterway section. These requirements may be related in particular to:
2022/11/17
Committee: TRAN
Amendment 1097 #

2021/0420(COD)

Proposal for a regulation
Article 22 – paragraph 5 – subparagraph 1 – point h a (new)
(ha) facilities to improve the environmental performance of vessels in ports, inter alia noise reduction measures and measures to reduce air and water pollution;
2022/11/17
Committee: TRAN
Amendment 1099 #

2021/0420(COD)

Proposal for a regulation
Article 22 – paragraph 6
6. The Commission shall ensure a coherent approach on the application of the good navigation status in the Union and may adopt guidelines thereto. When establishing minimum requirements for paragraphs (e) and (f), the Commission shall ensure that the interoperability between river basinbasins European Transport Corridors is not compromised.
2022/11/17
Committee: TRAN
Amendment 1109 #

2021/0420(COD)

Proposal for a regulation
Article 23 – paragraph 1 – point e
(e) promoting and developing measures to improve the environmental performance of inland waterway transport and transport infrastructure, including zero and low emission vessvessels using alternative and renewable fuels and measures to mitigate impacts on water bodies and water-dependent biodiversity, in accordance with the applicable requirements under Union law or relevant international agreements.
2022/11/17
Committee: TRAN
Amendment 1126 #

2021/0420(COD)

Proposal for a regulation
Article 24 – paragraph 4 – point b a (new)
(ba) its total annual cargo volume – for bulk and /or for non-bulk cargo handling – exceeds annually 500.000 tonnes and its contribution to the diversification of EU energy supplies and to the acceleration of the roll-out of renewable energies is a main activity of the port.
2022/11/17
Committee: TRAN
Amendment 1531 #

2021/0420(COD)

Proposal for a regulation
Article 52 – paragraph 6
6. The European Coordinator mayshall consult regional and local authorities, infrastructure managers, transport operators, in particular those which are members of the rail and waterborne freight governance, the supply industry, transport users and representatives of civil society in relation to the work plan and its implementation. In addition, the European Coordinator responsible for ERTMS shall closely cooperate with the European Union Agency for Railways and Europe's Rail Joint Undertaking and the European Coordinator for the European Maritime Space with the European Maritime Safety Agency.
2022/11/21
Committee: TRAN
Amendment 36 #

2021/0419(COD)

Proposal for a directive
Recital 4
(4) The growing need to make better use of data in making transport chains more sustainable, efficient and resilient, calls for enhanced coordination of the ITS framework with other initiatives aimed at harmonising and facilitating data sharing in the mobility, transport and logistics sectors with a multimodal perspective 37 , while taking into consideration rules on data protection and privacy. __________________ 37 Such as the Common European Mobility data space and its components, Regulation (EU) 2020/1056 of the European Parliament and of the Council of 15 July 2020 on electronic freight transport information (OJ L 249, 31.7.2020, p. 33), and the work pursued by the Digital Transport and Logistics Forum (DTLF).
2022/06/24
Committee: TRAN
Amendment 43 #

2021/0419(COD)

Proposal for a directive
Recital 7
(7) In the context of the implementation of Commission Delegated Regulations39 supplementing Directive 2010/40/EU, Member States have established national access points40 (NAPs). The NAPs organise the access to and reuse of transport related data to help support the provision of EU-wide interoperable travel and traffic ITS services to end users. This transport related data should be available in machine-readable format, where possible. These NAPs are an important component of the common European mobility data space under the European strategy for data41 and should be relied upon in particular as regards the accessibility of data. __________________ 39 Commission Delegated Regulation (EU) No 885/2013 of 15 May 2013 supplementing ITS Directive 2010/40/EU of the European Parliament and of the Council with regard to the provision of information services for safe and secure parking places for trucks and commercial vehicles (OJ L 247, 18.9.2013, p. 1); Commission Delegated Regulation (EU) No 886/2013 of 15 May 2013 supplementing Directive 2010/40/EU of the European Parliament and of the Council with regard to data and procedures for the provision, where possible, of road safety-related minimum universal traffic information free of charge to users (OJ L 247, 18.9.2013, p. 6); Commission Delegated Regulation (EU) 2015/962 of 18 December 2014 supplementing Directive 2010/40/EU of the European Parliament and of the Council with regard to the provision of EU-wide real-time traffic information services (OJ L 157, 23.6.2015, p. 21); and Commission Delegated Regulation (EU) 2017/1926 of 31 May 2017 supplementing Directive 2010/40/EU of the European Parliament and of the Council with regard to the provision of EU-wide multimodal travel information services (OJ L 272, 21.10.2017, p. 1). 40 https://transport.ec.europa.eu/transport- themes/intelligent-transport- systems/road/action-plan-and- directive/national-access-points_en 41 COM(2020) 66 final0066.
2022/06/24
Committee: TRAN
Amendment 51 #

2021/0419(COD)

Proposal for a directive
Recital 8
(8) To ensure a coordinated and effective deployment of ITS within the Union as a whole, specifications including, where appropriate, standards, laying down further detailed provisions and procedures should be introduced, in addition to already adopted specifications. Before adopting any additional or revised specifications, the Commission should assess their compliance with certain defined principles set out in Annex II. Priority should be given in the first instance to the four main areas of ITS development and deployment. During further implementation of ITS the existing ITS infrastructure deployed by a particular Member State should be taken into account in terms of technological progress and financial efforts made. If appropriate, it should be ensured, in particular for C-ITS, that requirements for ITS systems neither impose nor discriminate in favour of the use of a particular type of technology.
2022/06/24
Committee: TRAN
Amendment 56 #

2021/0419(COD)

Proposal for a directive
Recital 10
(10) The specifications should foster innovation. The increased availability of data should for example lead to the development of new ITS services, and vice-versa innovation should identify the needs for future specifications. The Commission should take into account the risk of interference with personal data as well as the costs and human resources required to make this data available, especially in a machine-readable format. It should also deploy these services with a sufficient level of quality in order to ensure that these costs and resources, both incurred by public and private actors, are kept to a minimum. The European Partnership on cooperative, connected and automated mobility under Horizon Europe should support the development and testing of the next wave of C-ITS services, helping the integration of highly automated vehicles in new multimodal mobility services.
2022/06/24
Committee: TRAN
Amendment 61 #

2021/0419(COD)

Proposal for a directive
Recital 14
(14) The increased integration of ITS and advanced driver assistance systems, or vehicle and infrastructure systems in general, implies that such systems will rely more and more on the information they supply to each other. That is particularly the case for C-ITS. Such reliance will increase with higher levels of automation. These higher levels of automation are expected to make use of communication between vehicles and infrastructure to orchestrate manoeuvres and smoothen traffic flows, contributing also to more sustainable transport. Compromising the integrity of ITS services could thus have a severe impact on road safety, for example when the wrong speed limit is communicated or a vehicle makes an emergency stop due to a non-existing danger. In order to ensure uniform conditions for the implementation of this Directive, implementing powers should be conferred on the Commission in an unforeseen emergency situations where the integrity of ITS services is compromised arising from the availability or integrity of ITS services being compromised, where such a situation is likely to compromise the safe and proper functioning of the Union transport system or has an adverse effect on road safety, and only where it cannot be expected that applying incident response mechanism or modifying specifications will ensure a timely and effective response, having a severe and immediate direct impact on road safety, cyber security or the availability and integrity of ITS services, to adopt countermeasures to address the causes and the consequences of that situation. Those measures should be taken as quickly as possible and be immediately applicable. Those powers should be exercised in accordance with Regulation (EU) No 182/2011 of the European Parliament and of the Council48 . In consideration of the need to ensure continuity of transport, it is appropriate to apply the prolongation of the validity of such measure beyond six months making use of the possibility provided under Article 8(2) of Regulation (EU) No 182/2011. Such countermeasures should end as soon as an alternative solution is implemented or the emergency situation has been resolved. and no later than 6 months after the start of the unforeseen emergency situation. __________________ 48 Regulation (EU) No 182/2011 of the European Parliament and of the Council of 16 February 2011 laying down the rules and general principles concerning mechanisms for control by Member States of the Commission’s exercise of implementing powers (OJ L 55, 28.2.2011, p. 13).
2022/06/24
Committee: TRAN
Amendment 69 #

2021/0419(COD)

Proposal for a directive
Recital 16
(16) Where they involve the processing of personal data, the specifications to be developed under this Directive should take the requirements of Regulation (EU) 2016/679 and Directive 2002/58/EC into account. In particular, whenever it is possible to equally achieve the purposes pursued using anonymous and pseudonymous instead of personal data, anonymisation as one of thend pseudonymisation as techniques for enhancing individuals’ privacy should be encouraged, in line with the principle of data protection by design.
2022/06/24
Committee: TRAN
Amendment 73 #

2021/0419(COD)

Proposal for a directive
Recital 20
(20) For ITS applications and services for which accurate and guaranteed timing and positioning services are required, satellite-based infrastructures or any technology providing an equivalent level of precisions should be used. Synergies between the Union transport and space sectors should be exploited to foster the broader use of new technologies, which respond to the need of accurate and guaranteed timing and positioning services. The Union Space Programme established under Regulation (EU) 2021/696 of the European Parliament and of the Council57 provides high-quality, up-to-date and secure space-related data, information and services through the Galileo, the European Geostationary Navigation Overlay Service (EGNOS), and Copernicus systems. __________________ 57 Regulation (EU) 2021/696 of the European Parliament and of the Council of 28 April 2021 establishing the Union Space Programme and the European Union Agency for the Space Programme (OJ L 170, 12.5.2021, p. 69).
2022/06/24
Committee: TRAN
Amendment 75 #

2021/0419(COD)

Proposal for a directive
Recital 21
(21) The provision of secured and reliable timing and positioning services is an essential element of the effective operation of ITS applications and services. Therefore, it is appropriate to ensure their compatibility with the authentication mechanism provided by the Galileo programme, in order to mitigate Global Navigation Satellite Systems (‘GNSS’) signal spoofing attacks.
2022/06/24
Committee: TRAN
Amendment 83 #

2021/0419(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 1
Directive 2010/40/EU
Article 1
2a. This Directive provides for the availability of data and deployment of ITS services within the priority areas referred to in Article 2 with a specific geographical coverage as specified in Annexes III and IV.;
2022/06/24
Committee: TRAN
Amendment 95 #

2021/0419(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 3 – point b
Directive 2010/40/EU
Article 4 – point 23
(23) “accessibility of the data” means a possibility to request and obtain data in a digital machine-readable format via National Access Points when available;
2022/06/24
Committee: TRAN
Amendment 106 #

2021/0419(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 6
Directive 2010/40/EU
Article 6a – title
Availability of data and deployment of ITS services
2022/06/24
Committee: TRAN
Amendment 107 #

2021/0419(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 6
Directive 2010/40/EU
Article 6a – paragraph 1
1. Member States shall ensure that for each data type listed in Annex III, where the underlying information already exists, data is available for the geographical coverage relative to such data type as early as possible and no later than the respective date set out in that Annexe implementing acts referred to in paragraph 3. Member States shall ensure the accessibility of that data on the NAPs by the same date.
2022/06/24
Committee: TRAN
Amendment 110 #

2021/0419(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 6
Directive 2010/40/EU
Article 6a –– paragraph 2
2. Member States shall ensure the accessibility of that data on the National Access Points by the same dateat the ITS services specified in Annex IV are deployed for the geographical coverage and no later than the respective date set out in the implementing acts referred to in paragraph 3.
2022/06/24
Committee: TRAN
Amendment 112 #

2021/0419(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 6
Directive 2010/40/EU
Article 6a – paragraph 3 (new)
3. The Commission shall, by means of implementing acts adopted in accordance with Article 15(4), specify: a) the geographical coverage relative to the data types listed in Annex III, and implementation deadlines; b) the geographical coverage relative to the ITS services listed in Annex IV, and implementation deadlines. When adopting such implementing acts, the Commission shall take into account the risk of interference with personal data as well as the costs and human resources needed to make the relevant data available and to deploy the relevant services with a sufficient level of quality in order to ensure that those costs and resources, in particular those incurred by public authorities, are kept to a minimum. The Commission shall also consider the costs and administrative burden on private operators which may be required to provide the data and services.
2022/06/24
Committee: TRAN
Amendment 114 #

2021/0419(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 6
Directive 2010/40/EU
Article 6b
Article 6b Deployment of ITS services Member States shall ensure that the ITS services specified in Annex IV are deployed for the geographical coverage set out in that Annex by the date specified therein.deleted
2022/06/24
Committee: TRAN
Amendment 116 #

2021/0419(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 6
Directive 2010/40/EU
Article 6b – title
Deployment of ITS servicesdeleted
2022/06/24
Committee: TRAN
Amendment 117 #

2021/0419(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 6
Directive 2010/40/EU
Article 6b – paragraph 1
Member States shall ensure that the ITS services specified in Annex IV are deployed for the geographical coverage set out in that Annex by the date specified therein.;deleted
2022/06/24
Committee: TRAN
Amendment 122 #

2021/0419(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 7 – point a
Directive 2010/40/EU
Article 7 –– paragraph 1 b
1b. Following a cost-benefit analysis and an impact assessment including appropriate consultations, taking due account of market developments and technology evolution and an impact assessment including appropriate consultations, the Commission is empowered to adopt delegated acts in accordance with Article 12 to amend the list of ITS services in Annex IV, including the date of implementation and the geographical coverage for each ITS service. Those amendments shall be consistent with the list of ITS services set out in the latest working programme adopted in accordance with Article 17(5).’;
2022/06/24
Committee: TRAN
Amendment 125 #

2021/0419(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 8
Directive 2010/40/EU
Article 7a – paragraph 1
In the event of an unforeseen emergency situation having a severarising from the availability or integrity of ITS services, which are the subject of specifications adopted in accordance with Article 6, being compromised, where such a situation is likely to compromise the safe and proper functioning of the Union transport system or has an adverse effect on road safety, and only where it cannot be expected that applying incident response mechanism or modifying specifications, in accordance with Article 6, will ensure a timely and effective response, having a severe and immediate direct impact on road safety, cyber security or the availability and integrity of ITS services, and which may compromise the safe and proper functioning of the Union transport system, in order to remedy that situation the Commission may adopt, immediatelyn consultation with ITS service providers, applicable implementing acts, suspending or establishing obligations within the scope of the priority areas set under Article 2. Those implementing acts shall be adopted in accordance with the procedure referred to in Article 15(3). TheySuch countermeasures shall be strictly limited to addressing the causes and direct consequences of such an emergency situations and shall end as soon as an alternative solution is implemented or the emergency situation has been resolved, no later than 6 months after the start of the unforeseen emergency situation.’;
2022/06/24
Committee: TRAN
Amendment 131 #

2021/0419(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 10
Directive 2010/40/EU
Article 10 – paragraph 1
Where specifications adopted pursuant to Article 6 concern the processing of traffic, travel or road data that are personal data as defined in Article 4, point (1) of Regulation (EU) 2016/679*, they shall lay down the categories of those data and provide for appropriate personal data protection safeguards pursuant to Regulation (EU) 2016/679 and Directive 2002/58/EC. Where appropriate, the use of anonymous data or the pseudonymisation shall be encouraged.
2022/06/24
Committee: TRAN
Amendment 139 #

2021/0419(COD)

Proposal for a directive
Annex I – point 1 – paragraph 1 – point 1.1 – paragraph 1 – point 1.1.4
Directive 2010/40/EU
Annex I – point 1 – paragraph 1 – point 1.1 – paragraph 1 – point 1.1.4
1.1.4. the timely updating of multimodal travel information, including information related to booking and where relevant purchasing of transport services, by the ITS service providers.
2022/06/24
Committee: TRAN
Amendment 149 #

2021/0419(COD)

Proposal for a directive
Annex I – point 3 – paragraph 1 – point 3.2 – paragraph 1 – introductory part
Directive 2010/40/EU
Annex I – point 3 – paragraph 1 – point 3.2 – paragraph 1 – introductory part
The definition of the necessary measures to provide ITS based information and, where relevant, reservation services for safe and secure parking places for trucks and commercial vehicles, in particular in service and rest areas on roads, based on:
2022/06/24
Committee: TRAN
Amendment 155 #

2021/0419(COD)

Proposal for a directive
Annex II – table I – column 4 – row 6
Directive 2010/40/EU
Annex II – table 1 – column 4 – row 6
ensure, where appropriate, the capability for ITS systems to workbe interoperable at service-level with existing systems that sharedeliver a common purpose, without hindering the development of new technologies and while supporting, where relevant, the complementarity with orere relevant, the transition to new technologies;
2022/06/24
Committee: TRAN
Amendment 156 #

2021/0419(COD)

Proposal for a directive
Annex II – table 1 – column 4 – row 6
Directive 2010/40/EU
Annex II – –table 1 – column 4 – row 6
ensure, where appropriate, the capability for ITS systems to workbe interoperable at service-level with existing systems that sharedeliver a common purpose, without hindering the development of new technologies and while supporting, where relevant, the complementarity with orere relevant, the transition to new technologies;
2022/06/24
Committee: TRAN
Amendment 160 #

2021/0419(COD)

Proposal for a directive
Annex II – table 1 – column 4 – row 10
Directive 2010/40/EU
Annex II – column 4 – row 10
ensure the compatibility of ITS applications and services, which rely on timing or positioning, with at least the navigation services provided by the Galileo, including Open Service navigation Message Authentication, when such service becomes available, and the European Geostationary Navigation Overlay Service (‘EGNOS’) system of navigation services. Where appropriate, ensure that ITS applications and services relying on Earth observation data use Copernicus data, information or services. Other data and services may additionally be used in addition to Copernicus data;
2022/06/24
Committee: TRAN
Amendment 166 #

2021/0419(COD)

Proposal for a directive
Annex II – row 13 a (new)
Directive 2010/40/EU
Annex II – row 13 a (new)
(ma) technology neutral – specifications should describe the result to be achieved, but not impose, or discriminate in favour of, the use of a particular type of technology to achieve the result
2022/06/24
Committee: TRAN
Amendment 167 #

2021/0419(COD)

Proposal for a directive
Annex II – Table I – point n (new)
Directive 2010/40/EU
Annex II – point n (new)
n) specifications should describe the result to be achieved, but not impose, or discriminate in favour of, the use of a particular type of technology to achieve the result;
2022/06/24
Committee: TRAN
Amendment 181 #

2021/0419(COD)

Proposal for a directive
Annex III – table 1
Directive 2010/40/EU
Annex III – table 1
Data type Geographical coverage Date Types of data on regulations Deleted Deleted and restrictions (as referred to in Commission Delegated Regulation (EU) 2015/962): Static and dynamic traffic The trans-European network 31 December regulations, where applicable, for roads, other motorways not 2025 including: included in that network and primary roads. - access conditions for tunnels - access conditions for bridges The entire road network of the 31 December - speed limits EU that is publicly accessible to 2028 motorised traffic, with the - freight delivery regulations exception of private roads. - overtaking bans on heavy goods vehicles - direction of travel on reversible lanes - traffic circulations plans The entire road network that is 31 December publicly accessible to motorised 2025 traffic - permanent access restrictions The entire road network that is 31 December publicly accessible to motorised 2025 traffic regulations, where applicable, including: - access conditions for tunnels - access conditions for bridges - speed limits - freight delivery regulations - overtaking bans on heavy goods vehicles - direction of travel on reversible lanes - traffic circulations plans - permanent access restrictions Types of data on the state of the network (as referred to in Commission Delegated Regulation (EU) 2015/962): - road closures The trans-European network 31 December for roads, other motorways not 2025 - lane closures included in that network and - roadworks primary roads. - temporary traffic The entire road network of the 31 December management measures EU that is publicly accessible to 2028 motorised traffic, with the exception of private roads. - lane closures - roadworks - temporary traffic management measures Types of data on safe and secure parking places for trucks and commercial vehicles (as referred to in Commission Delegated Regulation (EU) No 885/2013): - static data related to the The trans-European network 31 December parking areas for roads and other motorways 2025 not included in that networkparking areas - information on safety and equipment of the parking area - dynamic data on availability of parking places including whether a parking is: full, closed or number of free places available. Types of multimodal static travel data (as referred to in Commission Delegated Regulation (EU) 2017/1926): - temporary slippery road The trans-European network 31 December - animal, people, for roads and other motorways 2026 obstacles, debris on the not included in that networkLocation of identified access nodes for all scheduled modes, including information on accessibility of access nodes and paths within an interchange (such as existence of lifts, escalators) Data on detected road safety- related events or conditions (as referred to in Commission Delegated Regulation (EU) No 886/2013): - temporary slippery road - animal, people, obstacles, debris on the road - unprotected accident area - short-term road works - reduced visibility - wrong-way driver - unmanaged blockage of a road - exceptional weather conditions
2022/06/24
Committee: TRAN
Amendment 103 #

2021/0385(COD)

Proposal for a regulation
Title 1
Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Regulation (EU) No 600/2014 as regards enhancing market data transparency, removing obstacles to the emergence of a consolidated tape, optimising the trading obligations and prohibiting receiving payments for forwardingregulating the forwarding and execution of client orders (Text with EEA relevance)
2022/10/20
Committee: ECON
Amendment 165 #

2021/0385(COD)

Proposal for a regulation
Recital 23 a (new)
(23 a) The desired outcome would be to provide end investors with a user-friendly and truly consolidated overview of trading opportunities as well as lower costs through increased competition, to increase the attractiveness and competitiveness of EU capital markets and firms, and to foster the growth and well-functioning of the Capital Markets Union.
2022/10/20
Committee: ECON
Amendment 173 #

2021/0385(COD)

Proposal for a regulation
Recital 32
(32) Financial intermediaries should strive to achieve the best possible price and the highest possible likelihood of execution for trades that they execute on behalf of their clients. To that end, financial intermediaries should select the trading venue or counterparty for executing their client trades solely on the basis of achieving best execution for their clients. It should be incompatible with that principle of best execution that a financial intermediary receives a payment from a trading counterpart in exchange for ensuring the execution of client trades, when acting on behalf of its clients, receives a fee, a commission or any non-monetary benefit from a third party for routing client orders for execution by that third party as execution venue. Investment firms should be therefore be prohibited from receiving such payment or other non-monetary benefit.
2022/10/20
Committee: ECON
Amendment 189 #

2021/0385(COD)

Proposal for a regulation
Article 1 – paragraph 2 – point d
Regulation (EU) No 600/2014
Article 2 – paragraph 1 – point 36b – point a – point i
(i) thfor lit continuous trading mechanisms, the five best bids and offers prices with corresponding volumes available at those prices;
2022/10/20
Committee: ECON
Amendment 194 #

2021/0385(COD)

Proposal for a regulation
Article 1 – paragraph 2 – point d
Regulatoin (EU) No 600/2014
Article 2 – paragraph 1 – point 36b – point a – point ii
(ii) for price-forming trades across all trading mechanisms, the transaction price and volume executed at the stated price, the transaction time, the trading protocol, applicable waivers and deferrals in accordance with the industry standard Market Model Typology;
2022/10/20
Committee: ECON
Amendment 210 #

2021/0385(COD)

Proposal for a regulation
Article 1 – paragraph 2 – point d
Regulation (EU) No 600/2014
Article 2 – paragraph 1 – point 36b – point a – point vii – indent 1
— the venue's time of execution of the trade or of amendment to the best bid or offer price or volume, amendment to the indicative price or volume, and amendment to the trading status of an instrument;
2022/10/20
Committee: ECON
Amendment 213 #

2021/0385(COD)

Proposal for a regulation
Article 1 – paragraph 2 – point d
Regulation (EU) No 600/2014
Article 2 – paragraph 1 – point 36b – point a – point vii – indent 2
— the venue's time of publication of the trade, updated bid or offer price or volume, updated indicative price or volume, and amendment to the trading status of an instrument;
2022/10/20
Committee: ECON
Amendment 216 #

2021/0385(COD)

Proposal for a regulation
Article 1 – paragraph 2 – point d
Regulation (EU) No 600/2014
Article 2 – paragraph 1 – point 36b – point a – point vii – indent 3
— the consolidated tape provider's receipt of market data from the market data contributors;
2022/10/20
Committee: ECON
Amendment 221 #

2021/0385(COD)

Proposal for a regulation
Article 1 – paragraph 2 – point d
Regulation (EU) No 600/2014
Article 2 – paragraph 1 – point 36b – point a – point vii – indent 5
— the dissemination by the consolidated tape provider of consolidated market data to subscribers;
2022/10/20
Committee: ECON
Amendment 433 #

2021/0385(COD)

Proposal for a regulation
Article 1 – paragraph 16
Regulation (EU) No 600/2014
Article 27h – paragraph 4
4. After 12 months of full operation of the CTP for shares, ESMA shall provide the Commission with an evidence-based motivated opinion on the effectiveness and fairness of the level of participation of regulated marketmarket data contributors in the revenues generated by the CTP as set out in accordance with the second subparagraph of paragraph 1. The Commission may request ESMA to provide further opinions, where necessary or appropriate. The Commission shall be empowered to adopt a delegated act in accordance with Article 50 to revise the allocation key for the revenue redistribution, where appropriate.;
2022/10/21
Committee: ECON
Amendment 448 #

2021/0385(COD)

Proposal for a regulation
Article 1 – paragraph 26
Regulation (EU) No 600/2014
Article 39 a (new) – Title
Article 39a Ban on payment for forwarding client orders for executionand/or execution of client orders
2022/10/21
Committee: ECON
Amendment 459 #

2021/0385(COD)

Proposal for a regulation
Article 1 – paragraph 26
Regulation (EU) No 600/2014
Article 39a
Investment firms executing orders on behalf of a retail client shall take all necessary steps to obtain the best possible price for their clients, net of costs relating to execution, which shall include all expenses directly related to the execution of the order, including execution venue fees, clearing and settlement fees and any other fees paid to third parties involved in the execution of the order. Investment firms acting on behalf of clients shall not receive or accept, directly or indirectly, any fee or commission or any monetary or non-monetary benefits from any third party for forwarding client orders to such third party for their execution.;paid or provided by any third party in relation to the forwarding or execution of orders. The Commission shall adopt a delegated act in accordance with Article 50 by ... [12 months after the date of entry into force of this amending Regulation] to specify the market practices falling under the provision of the first subparagraph of this Article. The Commission shall regularly update that delegated act to account for the development of new market practices.
2022/10/21
Committee: ECON
Amendment 465 #

2021/0385(COD)

Proposal for a regulation
Article 1 – paragraph 29 a (new)
Regulation (EU) 2016/1011
Article 2 - paragraph 2 - point d
(29 a) in Regulation (EU) 2016/1011, Article 2, paragraph 2, point d, is amended as follows: "(d) the provision of a single reference price for any financial instrument listed in Section C of Annex I to Directive 2014/65/EU (https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:02016R1011-except those financial instruments in respect of which both of the following conditions apply: (i) the financial instrument is a derivative contract relating to energy; and (ii) the total notional value of financial instruments or contracts referencing the single reference price exceeds EUR 100million. (Changes to Benchmark Regulation - formatting may need to be adjusted.) Or. en 20220101&from=EN)
2022/10/21
Committee: ECON
Amendment 56 #

2021/0380(COD)

Proposal for a regulation
Recital 11 – indent 3
— Regulation (EU) No 648/2012 on OTC derivatives, central counterparties and trade repositories25 ; _________________ 25 Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories (OJ L 201, 27.7.2012, p. 1).deleted
2022/11/11
Committee: ECON
Amendment 57 #

2021/0380(COD)

Proposal for a regulation
Recital 11 – indent 7
— Regulation (EU) No 537/2014 on specific requirements regarding statutory audit of public-interest entities29 ; _________________ 29 Regulation (EU) No 537/2014 of the European Parliament and of the Council of 16 April 2014 on specific requirements regarding statutory audit of public- interest entities and repealing Commission Decision 2005/909/EC (OJ L 158, 27.5.2014, p. 77).deleted
2022/11/11
Committee: ECON
Amendment 59 #

2021/0380(COD)

Proposal for a regulation
Recital 11 – indent 20
— Regulation (EU) 2020/852 on the establishment of a framework to facilitate sustainable investment42 ; _________________ 42 Regulation (EU) 2020/852 of the European Parliament and of the Council of 18 June 2020 on the establishment of a framework to facilitate sustainable investment, and amending Regulation (EU) 2019/2088 (OJ L 198, 22.6.2020, p. 13).deleted
2022/11/11
Committee: ECON
Amendment 61 #

2021/0380(COD)

Proposal for a regulation
Recital 11 – indent 21
— Regulation (EU) 2021/23 on a framework for the recovery and resolution of central counterparties43 , _________________ 43 Regulation (EU) 2021/23 of the European Parliament and of the Council of 16 December 2020 on a framework for the recovery and resolution of central counterparties and amending Regulations (EU) No 1095/2010, (EU) No 648/2012, (EU) No 600/2014, (EU) No 806/2014 and (EU) 2015/2365 and Directives 2002/47/EC, 2004/25/EC, 2007/36/EC, 2014/59/EU and (EU) 2017/1132 (OJ L 22, 22.1.2021, p. 1).deleted
2022/11/11
Committee: ECON
Amendment 71 #

2021/0380(COD)

Proposal for a regulation
Article 3
Regulation (EU) No 648/2012
Article 38a
[...]deleted
2022/11/11
Committee: ECON
Amendment 78 #

2021/0380(COD)

Proposal for a regulation
Article 7
Regulation (EU) No 537/2014
Article 13a
[...]deleted
2022/11/11
Committee: ECON
Amendment 83 #

2021/0380(COD)

Proposal for a regulation
Article 10 – paragraph 1
Regulation (EU) No 909/2014
Article 74a – paragraph –1 (new)
-1. In order to support the provision of accurate, timely and complete information on penalties under Article 7 of Regulation (EU) No 909/2014, all information necessary for the calculation of cash penalty amounts under the Settlement Discipline Regime shall be centralised in the ESAP.
2022/11/11
Committee: ECON
Amendment 84 #

2021/0380(COD)

Proposal for a regulation
Article 10 – paragraph 1
Regulation (EU) No 909/2014
Article 74a – paragraph 1 – subparagraph 1
1. From 1 January 20267, when making public any information pursuant to Article 7(1), Article 7(9), Article 26(4), Article 27(4), Article 27(7), Article 28(2), Article 33(1), Article 33(2), Article 34(1), Article 38(6), Article 39(3), Article 41(2), Article 54(3), point (e), Article 54(4), point (f) and Article 59(4), point (j) of this Regulation, the CSD4) of this Regulation, the reporting entities shall submit that information to the relevant collection body referred to in paragraph 3 of this Article at the same time for accessibility on ESAP established under Regulation (EU) XX/XXXX [ESAP Regulation] of the European Parliament and of the Council*.
2022/11/11
Committee: ECON
Amendment 86 #

2021/0380(COD)

Proposal for a regulation
Article 10 – paragraph 1
Regulation (EU) No 909/2014
Article 74a – paragraph 1 – subparagraph 2
That information shall comply with all of the following requirements: (a) the information shall be prepared in a data extractable format as defined in Article 2, point (3), of Regulation (EU) XX/XXXX [ESAP Regulation] or, where relevant, in a machine-readable format, as defined in Article 2, point (13), of Directive (EU) 2019/1024 of the European Parliament and of the Council**; (b) the information shall be accompanied by the following metadata: (i) all the names of the CSD submitting the information; (ii) the legal entity identifier of the CSD as specified pursuant to Article 7(4) of Regulation (EU) XX/XXXX[ESAP Regulation]; (iii) the size of the CSD by category as specified pursuant to Article 7(4) of Regulation (EU) XX/XXXX [ESAP Regulation]; (iv) the type of information, as classified pursuant to Article 7(4) of Regulation (EU) XX/XXXX [ESAP Regulation]; (v) the specific period for which the information is to be made publicly available on ESAP, where relevant. (c) the information shall contain a qualified electronic seal as defined in Article 3, point (27), of Regulation (EU) No 910/2014 of the European Parliament and of the Council***.deleted
2022/11/11
Committee: ECON
Amendment 87 #

2021/0380(COD)

Proposal for a regulation
Article 10 – paragraph 1
Regulation (EU) No 909/2014
Article 74a – paragraph 2
2. For the purposes of paragraph 1, point (b)(ii), the CSD shall acquire a legal entity identifier as specified under Article 7(4) of Regulation (EU) XX/XXXX [ESAP Regulation].deleted
2022/11/11
Committee: ECON
Amendment 88 #

2021/0380(COD)

Proposal for a regulation
Article 10 – paragraph 1
Regulation (EU) No 909/2014
Article 74a – paragraph 3 – subparagraph 2
From 1 January 2026, for the purposes of making accessible on ESAP the information referred to in Article 12(2) and Article 62, the collection body as defined in Article 2, point (2), of Regulation (EU) XX/XXXX [ESAP Regulation] shall be ESMA. That information shall be prepared in a data extractable format as defined in Article 2, point (3), of Regulation (EU) XX/XXXX [ESAP Regulation], include the name and, where available, the legal entity identifier of the CSD as specified under Article 7(4) of that Regulation, and the type of information as classified pursuant to Article 7(4) of that Regulation.
2022/11/11
Committee: ECON
Amendment 90 #

2021/0380(COD)

Proposal for a regulation
Article 10 – paragraph 1
Regulation (EU) No 909/2014
Article 74a – paragraph 4 – subparagraph 1 – introductory part
4. For the purposes of ensuring an efficient collection and administration of data submitted in accordance with paragraph 1, points (a) and (b), ESMA shall develop draft implementing technical standards to specify:
2022/11/11
Committee: ECON
Amendment 91 #

2021/0380(COD)

Proposal for a regulation
Article 10 – paragraph 1
Regulation (EU) No 909/2014
Article 74a – paragraph 4 – subparagraph 1 – point –a (new)
(-a) the list of financial instruments that fall within the scope of this Regulation and category of each such instrument.
2022/11/11
Committee: ECON
Amendment 92 #

2021/0380(COD)

Proposal for a regulation
Article 10 – paragraph 1
Regulation (EU) No 909/2014
Article 74a – paragraph 4 – subparagraph 1 – point a
(a) the metadata to be included in the information;deleted
2022/11/11
Committee: ECON
Amendment 93 #

2021/0380(COD)

Proposal for a regulation
Article 10 – paragraph 1
Regulation (EU) No 909/2014
Article 74a – paragraph 4 – subparagraph 1 – point b
(b) the structuring of data in the information;deleted
2022/11/11
Committee: ECON
Amendment 94 #

2021/0380(COD)

Proposal for a regulation
Article 10 – paragraph 1
Regulation (EU) No 909/2014
Article 74a – paragraph 4 – subparagraph 1 – point c
(c) for which information a machine- readable format is required and which machine-readable format is to be usdeleted.
2022/11/11
Committee: ECON
Amendment 109 #

2021/0380(COD)

Proposal for a regulation
Article 15 – paragraph 1
Regulation (EU) 2017/1129
Article 21a – paragraph 3 – subparagraph 2
From 1 January 20245, for the purposes of making accessible on ESAP the information referred to in Articles 25(1), Article 25(4), and Article 26(2), the collection body defined in Article 2, point (2), of Regulation (EU) XX/XXXX [ESAP Regulation] shall be ESMAthe national competent authority. That information shall be prepared in a data extractable format as defined in Article 2, point (3), of Regulation (EU) XX/XXXX [ESAP Regulation], include the names and, where available, the legal entity identifier of the issuer or, where applicable, the offeror as specified pursuant to Article 7(4) of that Regulation, and the type of information as classified pursuant to Article 7(4) of that Regulation.
2022/11/11
Committee: ECON
Amendment 116 #

2021/0380(COD)

Proposal for a regulation
Article 19 – paragraph 1
Regulation (EU) 2019/2088
Article 18a – paragraph 1 – subparagraph 1
1. From 1 January 20256, when making public any information pursuant to Article 3(1), Article 3(2), Article 4(1), Article 4(3), Article 4(4), Article 4(5), Article 5(1) and Article 10(1) of this Regulation, financial market participants, with an exception for the institutions for occupational retirement provision referred in article 2(1)c of this Regulation, and financial advisers shall submit that information to the relevant collection body referred to in paragraph 3 of this Article at the same time for accessibility on ESAP established under Regulation (EU) XX/XXXX [ESAP Regulation] of the European Parliament and of the Council*.
2022/11/11
Committee: ECON
Amendment 117 #

2021/0380(COD)

Proposal for a regulation
Article 20
Regulation (EU) 2020/852
Article 8a
[...]deleted
2022/11/11
Committee: ECON
Amendment 120 #

2021/0380(COD)

Proposal for a regulation
Article 21
Regulation (EU) 2021/23
Article 95a
[...]deleted
2022/11/11
Committee: ECON
Amendment 57 #

2021/0379(COD)

Proposal for a directive
Recital 11 – indent 4
— Directive 2006/43/EC on statutory audits of annual accounts and consolidated accounts26 ; _________________ 26 Directive 2006/43/EC of the European Parliament and of the Council of 17 May 2006 on statutory audits of annual accounts and consolidated accounts, amending Council Directives 78/660/EEC and 83/349/EEC and repealing Council Directive 84/253/EEC (OJ L 157, 9.6.2006, p. 87).deleted
2022/11/11
Committee: ECON
Amendment 58 #

2021/0379(COD)

Proposal for a directive
Recital 11 – indent 9
— Directive 2013/34/EU on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings31 ; _________________ 31 Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings, amending Directive 2006/43/EC of the European Parliament and of the Council and repealing Council Directives 78/660/EEC and 83/349/EEC (OJ L 182, 29.6.2013, p. 19).deleted
2022/11/11
Committee: ECON
Amendment 60 #

2021/0379(COD)

Proposal for a directive
Recital 11 – indent 11
— Directive 2014/59/EU establishing a framework for the recovery and resolution of credit institutions and investment firms33 ; _________________ 33 Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (OJ L 173, 12.6.2014, p. 190).deleted
2022/11/11
Committee: ECON
Amendment 61 #

2021/0379(COD)

Proposal for a directive
Recital 11 – indent 13
— Directive (EU) 2016/97 on insurance distribution35 ; _________________ 35 Directive (EU) 2016/97 of the European Parliament and of the Council of 20 January 2016 on insurance distribution (OJ L 26, 2.2.2016, p. 19).deleted
2022/11/11
Committee: ECON
Amendment 62 #

2021/0379(COD)

Proposal for a directive
Recital 11 – indent 14
— Directive (EU) 2016/2341 on the activities and supervision of institutions for occupational retirement provision (IORPs)36 ; _________________ 36 Directive (EU) 2016/2341 of the European Parliament and of the Council of 14 December 2016 on the activities and supervision of institutions for occupational retirement provision (IORPs) (OJ L 354, 23.12.2016, p. 37).deleted
2022/11/11
Committee: ECON
Amendment 63 #

2021/0379(COD)

Proposal for a directive
Recital 11 – indent 15
— Directive (EU) 2019/2034 on the prudential supervision of investment firms37 ; _________________ 37 Directive (EU) 2019/2034 of the European Parliament and of the Council of 27 November 2019 on the prudential supervision of investment firms and amending Directives 2002/87/EC, 2009/65/EC, 2011/61/EU, 2013/36/EU, 2014/59/EU and 2014/65/EU (OJ L 314, 5.12.2019, p. 64).deleted
2022/11/11
Committee: ECON
Amendment 71 #

2021/0379(COD)

Proposal for a directive
Article 2 – paragraph 1
Directive 2004/25/EC
Article 16a – paragraph 1 – subparagraph 1
1. From 1 January 20256, Member States shall ensure that, when making public an information pursuant to Article 4(2), point (c), Article 5(4), Article 6(1), Article 6(2) and Article 9(5) of this Directive, companies submit at the same time that information to the relevant collection body referred to in paragraph 3 of this Article for accessibility on ESAP established under Regulation (EU) XX/XXXX [ESAP Regulation] of the European Parliament and of the Council*.
2022/11/11
Committee: ECON
Amendment 75 #

2021/0379(COD)

Proposal for a directive
Article 4
Directive 2006/43/EC
Article 20a
Amendment to Directive 2006/43/EC In Directive 2006/43/EC, the following Article 20a is inserted: ‘Article 20a Accessibility of information on the European Single Access Point (ESAP) 1. From 1 January 2026, Member States shall ensure that, when making public on ESAP the information pursuant to Article 15 and Article 30c of this Directive, the statutory auditor or audit firm submits at the same time that information to the collection body referred to in paragraph 2 of this Article for accessibility on ESAP established under Regulation (EU) XX/XXXX[ESAP Regulation] of the European Parliament and of the Council*. 2. From 1 January 2026, for the purposes of making accessible on ESAP the information referred to in paragraph 1, the collection body as defined in Article 2, point (2), of Regulation (EU) XX/XXXX [ESAP Regulation] shall be the national competent authority in charge of the public register. The information shall be published in a data extractable format as defined in Article 2, point (3), of the Regulation (EU) XX/XXXX [ESAP Regulation], include the names and, where available, the legal entity identifier of the statutory auditor or audit firm, as specified pursuant to Article 7(4) of that Regulation, and include the type of information, as classified pursuant to Article 7(4) of that Regulation. _______________ * Regulation (EU) XX/XXXX of the European Parliament and of the Council establishing a European Single Access Point (ESAP) providing centralised access to information that is publicly available in relation to financial services, capital markets and sustainability (OJ L [...], […], p. […]).rticle 4 deleted
2022/11/11
Committee: ECON
Amendment 80 #

2021/0379(COD)

Proposal for a directive
Article 6 – paragraph 1
Directive 2009/65/EC
Article 82a – paragraph 1 – subparagraph 1
1. From 1 January 20267, Member States shall ensure that, when making public any information pursuant to Article 68(1), Article 76, Article 78(1) of this Directive, UCITS submit that information at the same time to the relevant collection body referred to in paragraph 3 of this Article on for accessibility on ESAP established under Regulation (EU) XX/XXXX [ESAP Regulation] of the European Parliament and of the Council*.
2022/11/11
Committee: ECON
Amendment 81 #

2021/0379(COD)

Proposal for a directive
Article 6 – paragraph 1
Directive 2009/65/EC
Article 82a – paragraph 3 – subparagraph 2
From 1 January 20267, for the purposes of making accessible on ESAP the information referred to in Article 6(1), the collection body as defined in Article 2, point (2), of Regulation (EU) XX/XXXX [ESAP Regulation] shall be ESMAthe national competent authority. That information shall be prepared in a data extractable format as defined in Article 2, point (3), of Regulation (EU) XX/XXXX [ESAP Regulation], include the names and, where available, the legal entity identifier of the UCITS, as specified pursuant to Article 7(4) of that Regulation, and include the type of information as classified pursuant to Article 7(4) of that Regulation.
2022/11/11
Committee: ECON
Amendment 92 #

2021/0379(COD)

Proposal for a directive
Article 9
Directive 2013/34/EU
Article 33a
[...]deleted
2022/11/11
Committee: ECON
Amendment 98 #

2021/0379(COD)

Proposal for a directive
Article 11
Directive 2014/59/EU
Article 128a
[...]deleted
2022/11/11
Committee: ECON
Amendment 108 #

2021/0379(COD)

Proposal for a directive
Article 13
Directive (EU) 2016/97
Article 40a
Amendment to Directive (EU) 2016/97 In Directive (EU) 2016/97, the following article 40a is inserted: ‘Article 40a Accessibility of information on the European Single Access Point (ESAP) From 1 January 2026, for the purposes of making accessible on ESAP the information referred to in Article 32(1) and Article 32(2) of this Directive, the collection body as defined in Article 2, point (2), of Regulation (EU) XX/XXXX [ESAP Regulation] shall be the competent authority. That information shall be prepared in a data extractable format as defined in Article 2, point (3), of Regulation (EU) XX/XXXX [ESAP Regulation], include the name and - where available - the legal entity identifier of the entity as specified pursuant to Article 7(4) of that Regulation, and the type of information as classified pursuant to Article 7(4) of that Regulation. _______________ * Regulation (EU) XX/XXXX of the European Parliament and of the Council establishing a European Single Access Point (ESAP) providing centralised access to information that is publicly available in relation to financial services, capital markets and sustainability (OJ L [...], […], p. […]).rticle 13 deleted
2022/11/11
Committee: ECON
Amendment 110 #

2021/0379(COD)

Proposal for a directive
Article 14
Directive (EU) 2016/2341
Article 63a
[...]deleted
2022/11/11
Committee: ECON
Amendment 115 #

2021/0379(COD)

Proposal for a directive
Article 15
Directive (EU) 2019/2034
Article 44a
[...]deleted
2022/11/11
Committee: ECON
Amendment 79 #

2021/0378(COD)

Proposal for a regulation
Recital 4
(4) The information to be made publicly accessible on ESAP should be collected by collection bodies designated for the purpose of collecting the information that the entities are under an obligation to make public. In order to ensure the efficient functioning of ESAP, the collection bodies should make the information available to ESAP in automated ways through a single application programming interface. For the information to be digitally usable, entities should make such information available in a data extractable format or, where required by Union law, in a machine- readable format. Compared to data extractable formats, machine-readable formats are file formats structured so that software applications can easily identify, recognise and extract specific data, including individual statements of fact, and their internal structure. Draft implementing technical standards should be drawn up by the European Supervisory Authorities and, when relevant, through the Joint Committee of the European Supervisory Authorities for submission to the Commission, specifying the characteristics of machine readable and data extractable formats and accounting for any evolving technology trends or standards. To ensure that entities submit the information in the correct format and to address possible technical issues encountered by the entities, the collection bodies should provide assistance to those entities.
2022/11/11
Committee: ECON
Amendment 83 #

2021/0378(COD)

Proposal for a regulation
Recital 5
(5) Apart from the information in relation to financial services, capital markets and sustainability that has to be made public under Union law, investors, market participants, advisors and the public at large may have an interest in obtaining other information that an entity wants to make accessible. Small and medium-sized enterprises may want to make more information publicly accessible in order to become more visible to potential investors and thereby increase funding and diversify funding opportunities. Also, market participants may want to provide more information than that required by law or to make public the information required by national law but not available at Union level in order to complement the information provided to the public at the Union level. Any entity governed by the law of a Member State should therefore be allowed to make financial, sustainability- related and other relevant information accessible on ESAP. Pursuant to the principle of data minimisation, entities should ensure that no personal data are included, except where those data constitute a necessary element of the information about their economic activities, including when the name of the entity coincides with the name of the owner. Where such information contains personal data, the entities should ensure that they can rely for such disclosure on one of the lawful grounds of processing laid down in Article 6 of Regulation (EU) 2016/679 of the European Parliament and of the Council26 . _________________ 26 Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation) (OJ L 119, 4.5.2016, p. 1).
2022/11/11
Committee: ECON
Amendment 87 #

2021/0378(COD)

Proposal for a regulation
Recital 5 a (new)
(5 a) Entities submitting information to the collection bodies remain liable for the accuracy and completeness of such information and metadata. Pursuant to the principles of data minimisation and protection, entities should ensure that no personal data are included, except where those data constitute a necessary element of the information about their economic activities, including when the name of the entity coincides with the name of the owner. Where the information submitted contains personal data, entities should ensure that they can rely for the disclosure thereof on one of the lawful grounds of processing laid down in Article 6 of Regulation(EU) 2016/679 of the European Parliament and of the Council1a. _________________ 1a Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation) (OJ L 119, 4.5.2016, p. 1).
2022/11/11
Committee: ECON
Amendment 96 #

2021/0378(COD)

Proposal for a regulation
Recital 10
(10) Re-using information that is available on ESAP can improve the functioning of the internal market and promote the development of new services that combine and make use of such information. It is therefore necessary, where justified on grounds of a public interest objective, to allow re-use of the information that is available on ESAP for purposes other than the purposes for which the information was drawn up. However, the use and re-use of that information should be subject to objective, proportionate and non-discriminatory conditions. For that purpose, conditions corresponding to those laid down in open, standard licences within the meaning of Directive (EU) 2019/1024 of the European Parliament and of the Council27 should apply. The licensing terms of those standard licences should allow for data and content to be freely accessible, used, modified and shared by anyone for any purpose. ESMANeither ESMA nor the collection bodies should bear noany form of liability for the use and re-use of information accessible on ESAP. The submission of information by the collection bodies should either not be subject to conditions or be subject to an open standard licence enabling the licensing terms applying for information accessible in the ESAP. _________________ 27 Directive (EU) 2019/1024 of the European Parliament and of the Council of 20 June 2019 on open data and the re-use of public sector information (OJ L 172, 26.6.2019, p. 56).
2022/11/11
Committee: ECON
Amendment 98 #

2021/0378(COD)

Proposal for a regulation
Recital 11
(11) The information available on ESAP should be accessible to the public in a timely manner. In that regard, the time between collecting the information and making it accessible to the public should be reasonable and, in any event, as short as technically possible. In order to ensure a uniform quality of information, the collection bodies should perform automated validations and reject invalid information. The validity of the information should be assessed on the basis of its compliance with the requirements of this Regulation and any accompanying amendments to sectoral legislation. In assessing the validity of the information, collection bodies should maintain discretion in rejecting information that falls outside the scope of ESAP and in any case if that information includes manifestly inappropriate or abusive content.
2022/11/11
Committee: ECON
Amendment 124 #

2021/0378(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point b
(b) other information of relevance to financial services provided in the Union or to capital markets of the Union or concerning sustainability that any entitiesy governed by the law of a Member State wishes to make accessible on ESAP on a voluntary basis about their economic activities in accordance with Article 3(1) and pursuant to the material reporting requirements listed in the Omnibus Act .
2022/11/11
Committee: ECON
Amendment 131 #

2021/0378(COD)

Proposal for a regulation
Article 3 – paragraph 1 – introductory part
1. Any natural or legal person may submit to a collection body the information referred to in Article 1(1), point (b) to make that information accessible on ESAP. When submitting that informationre the substance and format of that information does not have the same value and reliability as the information referred to in Article 1(1), point (a), users shall be informed thereof by means of a clear disclaimer. When submitting the information referred to in Article 1(1), point (b) , the natural or legal person shall:
2022/11/11
Committee: ECON
Amendment 156 #

2021/0378(COD)

Proposal for a regulation
Article 5 – paragraph 1 – point a a (new)
(a a) store the information submitted by the entities or, where relevant, generated by the collection bodies themselves;
2022/11/11
Committee: ECON
Amendment 158 #

2021/0378(COD)

Proposal for a regulation
Article 5 – paragraph 1 – point b – point i a (new)
(i a) the information contains the appropriate level of authenticity as specified in the implementing technical standard referred to in Article 5(6), availability, integrity and proof of origin;
2022/11/11
Committee: ECON
Amendment 172 #

2021/0378(COD)

Proposal for a regulation
Article 5 – paragraph 4
4. Entities shall ensure the accuracyand shall be liable for the accuracy and completeness of the information that they submit to the collection bodies, as well as for the accompanying metadata.
2022/11/11
Committee: ECON
Amendment 192 #

2021/0378(COD)

Proposal for a regulation
Article 8 – paragraph 2 – introductory part
2. ESMA shall ensure that anyone has direct and immediate access free of charge to the information made available on ESAP.
2022/11/11
Committee: ECON
Amendment 223 #

2021/0378(COD)

Proposal for a regulation
Article 13 – paragraph 1
By [PO, please insert a date 5 years after the entry into force of this Regulation], the Commission shall review the functioning of ESAP and assess its effectiveness. The Commission shall report to the European Parliament and to the Council on the results of this review. The progressive inclusion of information on ESAP shall be conditioned upon a prior and positive evaluation of an initial phase.
2022/11/11
Committee: ECON
Amendment 335 #

2021/0342(COD)

Proposal for a regulation
Recital 15
(15) To ensure that the impacts of the output floor on low-risk residential mortgage lending by institutions using IRB approaches are spread over a sufficiently long period and thus avoid disruptions to that type of lending that could be caused by sudden increases in own funds requirements, it is necessary to provide for a specific transitional arrangement. For the duration of the arrangement, when calculating the output floor, IRB institutions should be able to apply a lower risk weight to the part of their residential mortgage exposures that is considered secured by residential property under the revised SA-CR. To ensure that the transitional arrangement is available only to low-risk mortgage exposures, appropriate eligibility criteria, based on established concepts used under the SA-CR, should be set. The compliance with those criteria should be verified by competent authorities. Because residential real estate markets may differ from one Member States to another, the decision on whether to activate the transitional arrangement should be left to individual Member States. The use of the transitional arrangement should be monitored by EBA.deleted
2022/08/11
Committee: ECON
Amendment 590 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 23 – point a
Regulation (EU) No 575/2013
Article 92 – paragraph 3 – point a – introductory part
(a) a stand-alone institution in the EU and, for the purposes of complying with the obligations of this Regulation on the basis of its consolidated situation in accordance with Part One, Title II, Chapter 2, an EU parent institution, an EU parent financial holding company and an EU parent mixed financial holding companyinstitutions shall calculate the total risk exposure amount as follows:
2022/08/11
Committee: ECON
Amendment 604 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 23 – point a
Regulation (EU) No 575/2013
Article 92 – paragraph 3 – point b
(b) for the purposes set out in points (i) and (ii), the total risk exposure amount shall be calculated in accordance with paragraph 6: (i) institution in a Member State, for the purposes of complying with obligations of this Regulation on its individual basis; (ii) Member State, a parent financial holding company in a Member Statdeleted in case of a stand-alone subsidiary in case orf a parent mixed financial holding company in a Member State, for the purposes of complying with obligations of this Regulation on the basis of its consolidated situation;institution in a
2022/08/11
Committee: ECON
Amendment 619 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 23 – point a
Regulation (EU) No 575/2013
Article 92 – paragraph 3 – point c
(c) for the purposes of complying with the obligations of this Regulation on an individual basis, the total risk exposure amount of an institution which is neither a stand-alone institution in the EU nor a stand-alone subsidiary institution in a Member State shall be the un-floored total risk exposure amount calculated in accordance with paragraph 4.deleted
2022/08/11
Committee: ECON
Amendment 637 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 23 – point b
Regulation (EU) No 575/2013
Article 92 – paragraph 6
6. The total risk exposure amount of an entity ‘i’ for the purposes set out in paragraph 3, point (b), shall be calculated as follows: null where: i = the index that denotes the entity; TREAi = the total risk exposure amount of entity i; U-TREAi = the un-floored total risk exposure amount of entity i calculated in accordance with paragraph 4; DIconso = any positive difference between the total risk exposure amount and the un-floored total risk exposure amount for the consolidated situation of the EU parent institution, EU parent financial holding company or EU parent mixed financial holding company of the group that entity i is part of, calculated as follows: null where: U-TREA = the un-floored total risk exposure amount calculated in accordance with paragraph 4 for that EU parent institution, EU parent financial holding company or EU parent mixed financial holding company on the basis of its consolidated situation; TREA = the total risk exposure amount calculated in accordance with paragraph 3, point (a), for that EU parent institution, EU parent financial holding company or EU parent mixed financial holding company on the basis of its consolidated situation. Contribconsoi = the contribution of entity i, calculated as follows: null where: j = the index that denotes all entities that are part of the same group as entity i for the consolidated situation of the EU parent institution, EU parent financial holding company or EU parent mixed financial holding company; U-TREAj = the un-floored total risk exposure amount calculated by entity j in accordance with paragraph 4 on the basis of its consolidated situation or, in case entity j is a stand-alone subsidiary institution in a Member State, on its individual basis; F-TREAj = the floored total risk exposure amount of entity j calculated on the basis of its consolidated situation as follows: null where: F-TREAj = the floored total risk exposure amount calculated by entity j on the basis of its consolidated situation or, in case entity j is a stand-alone subsidiary institution in a Member State, for its individual basis; S-TREAj = the standardised total risk exposure amount calculated in accordance with paragraph 5 by entity j on the basis of its consolidated situation or, in case entity j is a stand-alone subsidiary institution in a Member State, for its individual basis; x = 72,5 %.deleted
2022/08/11
Committee: ECON
Amendment 687 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 40 – point b
Regulation (EU) No 575/2013
Article 122 – paragraph 2
Exposures for which such a credit assessment is not available shall be assigned a risk weight of 100 %., except for exposures to SMEs as defined in Article 5 point (8) which shall be assigned a risk weight of 85%;
2022/08/11
Committee: ECON
Amendment 699 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 41
Regulation (EU) No
Article 122a – paragraph 3 – point a – introductory part
(a) where the purpose of a specialised lending exposure is to finance the acquisition of physical assets, including ships, aircraft, satellites, railcars, and fleets, and the income to be generated by those assets comes in the form of cash flows generated by the specific physical assets that have been financed and pledged or assigned to the lender by one or several third parties (‘object finance exposures’), institutions shall apply the followinga risk weights: of 100%.
2022/08/11
Committee: ECON
Amendment 703 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 41
Regulation (EU) No 575/2013
Article 122a – paragraph 3 – point a – point i
(i) 80 % where the exposure is deemed to be high quality when taking into account all of the following criteria: — obligations even under severely stressed conditions due to the presence of all of the following features: — adequate exposure-to-value of the exposure; — conservative repayment profile of the exposure; — of the assets upon full pay-out of the exposure or alternatively recourse to a protection provider with high creditworthiness; — exposure by the obligor or that risk is adequately mitigated by a commensurate residual asset value or recourse to a protection provider with high creditworthiness; — restrictions over its activity and funding structure; — for risk-mitigation purposes; — material operating risks are properly managed; — the contractual arrangements on the assets provide lenders with a high degree of protection including the following features: — enforceable first-ranking right over the assets financed, and, where applicable, over the income that they generate; — there are contractual restrictions on the ability of the obligor to change anything to the asset which would have a negative impact on its value; — construction, the lenders have a legally enforceable first-ranking right ovdeleted the obligor can meet its financial commensurate remaining lifetime low refinancing risk of the the obligor has contractual the obligor uses derivatives only the lenders have a legally where the assets and the underlying construction contracts; — of the following standards to operate in a sound and effective manner: — asset are tested; — authorisations for the operation of the assets have been obtained; — construction, the obligor has adequate safeguards on the agreed specifications, budget and completion date of the asset, including strong completion guarantees or the involvement of an experienced constructor and adequate contract provisions for liquidated damages; is under the assets being financed meet all the technology and design of the all necessary permits and where the asset is under
2022/08/11
Committee: ECON
Amendment 708 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 41
Regulation (EU) No 575/2013
Article 122a – paragraph 3 – point a – point ii
(ii) 100 % where the exposure is not deemed to be high quality as referred to in point (i);deleted
2022/08/11
Committee: ECON
Amendment 1130 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 166 – point b – introductory part
Regulation (EU) No 575/2013
Article 382
(b) the following paragraphs 4a and 4b are inserted: 4a. paragraph 4, an institution may choose to calculate an own funds requirements for CVA risk, using any of the applicable approaches referred to in Article 382a, for those transactions that are excluded in accordance with paragraph 4, where the institution uses eligible hedges determined in accordance with Article 386 to mitigate the CVA risk of those transactions. Institutions shall establish policies to specify where they choose to satisfy their own funds requirements for CVA risk for such transactions. 4b. competent authorities the results of the calculations of the own funds requirements for CVA risk for all the transactions referred to in paragraph 4. For the purposes of that reporting requirement, institutions shall calculate the own funds requirements for CVA risk using the relevant approaches set out in Article 382a(1), that they would have used to satisfy an own funds requirement for CVA risk if those transactions were not excluded from the scope in accordance with paragraph 4. is deleted: By way of derogation from Institutions shall report to their
2022/08/18
Committee: ECON
Amendment 1198 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 375/2013
Article 465 – paragraph 1 – introductory part
1. By way of derogation from Article 92, paragraphs 3 and 6, parent institutions, parent financial holding companies, parent mixed financial holding companies, stand-alone institutions in the EU or stand-alone subsidiary institutions in Member Stateinstitutions may apply the following factor ‘x’ where calculating TREA:
2022/08/18
Committee: ECON
Amendment 1205 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 1 – point (a)
(a) 560 % during the period from 1 January 2025 to 31 December 2025;
2022/08/18
Committee: ECON
Amendment 1206 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 1 – point (b)
(b) 565 % during the period from 1 January 2026 to 31 December 2026;
2022/08/18
Committee: ECON
Amendment 1207 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 1 – point (c)
(c) 670 % during the period from 1 January 2027 to 31 December 2027;
2022/08/18
Committee: ECON
Amendment 1208 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 1 – point (d)
(d) 65 % during the period from 1 January 2028 to 31 December 2028;deleted
2022/08/18
Committee: ECON
Amendment 1209 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 1 – point (e)
(e) 70 % during the period from 1 January 2029 to 31 December 2029;deleted
2022/08/18
Committee: ECON
Amendment 1212 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 2 – introductory part
2. By way of derogation from Article 92(3), point (a), EU parent institutions, EU parent financial holding companies or an EU parent mixed financial holding companies, stand-alone institutions in the EU or stand-alone subsidiary institutions in Member States may, until 31 December 2029, apply the following formula when calculating TREA:
2022/08/18
Committee: ECON
Amendment 1221 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 196
For the purposes of that calculation, EU parent institutions, EU parent financial holding companies or an EU parent mixed financial holding companies shall take into account the relevant factors ‘x’ referred to in paragraph 1.
2022/08/18
Committee: ECON
Amendment 1226 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 3
3. By way of derogation from Article 92(5)(a), point (i), parent institutions, parent financial holding companies or parent mixed financial holding companies, stand-alone institutions in the EU or stand-alone subsidiary institutions in Member States may, until 31 December2032, assign a risk weight of 65 % to exposures to corporates for which no credit assessment by a nominated ECAI is available provided that that entity estimates the PD of those exposures, calculated in accordance with Part Three, Title II, Chapter 3, is no higher than 0,5 %. EBA shall monitor the use of the transitional treatment laid down in the first subparagraph and the availability of credit assessments by nominated ECAIs for exposures to corporates. EBA shall report its findings to the Commission by 31 December 2028. On the basis of that report and taking due account of the related internationally agreed standards developed by the BCBS, the Commission shall, where appropriate, submit to the European Parliament and to the Council a legislative proposal by 31 December 2031.deleted
2022/08/18
Committee: ECON
Amendment 1274 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 4
4. By way of derogation from Article 92(5)(a), point (iv), parent institutions, parent financial holding companies or parent mixed financial holding companies, stand-alone institutions in the EU or stand-alone subsidiary institutions in Member States shall, until 31 December 2029, replace alpha by 1 in the calculation of the exposure value for the contracts listed in Annex II in accordance with the approaches set out in Part Three, Title II, Chapter 6, Sections 3 and 4, where the same exposure values are calculated in accordance with the approach set out in Part Three, Title II, Chapter 3, Section 6 for the purposes of the total un-floored risk exposure amount. The Commission may, having taken into account the EBA report referred to in Article 514, adopt a delegated act in accordance with Article 462 to permanently modify the value of alpha, where appropriate.deleted
2022/08/18
Committee: ECON
Amendment 1288 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 5
5. [...]deleted
2022/08/18
Committee: ECON
Amendment 1438 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 199
Regulation (EU) No 575/2013
Article 495d – title
Article 495d Transitional arrangements for unconditional cancellable commitmentsdeleted
2022/08/18
Committee: ECON
Amendment 1441 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 199
Regulation (EU) No 575/2013
Article 495d – paragraph 1
1. By way of derogation from Article 111(2), institutions shall calculate the exposure value of an off-balance sheet item in the form of unconditionally cancellable commitment by multiplying the percentage provided for in that Article by the following factors: (a) 0 % during the period from 1 January 2025 to 31 December 2029; (b) 25 % during the period from 1 January 2030 to 31 December 2030; (c) 50 % during the period from 1 January 2031 to 31 December 2031; (d) 75 % during the period from 1 January 2032 to 31 December 2032.deleted
2022/08/18
Committee: ECON
Amendment 1448 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 199
Regulation (EU) No 575/2013
Article 495d – paragraph 2
2. EBA shall prepare a report to assess whether the derogation referred to in paragraph 1, point (a), should be extended beyond 31 December 2032 and, where necessary, the conditions under which that derogation should be maintained. EBA shall submit the report on its finding to the European Parliament, to the Council, and to the Commission, by 31 December 2028. On the basis of that report and taking due account of the related internationally agreed standards developed by the BCBS, the Commission shall, where appropriate, submit to the European Parliament and to the Council a legislative proposal by 31 December 2031.’;deleted
2022/08/18
Committee: ECON
Amendment 1454 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 199
Regulation (EU) No 575/2013
Article 495d – paragraph 2 – subparagraph 2
EBA shall submit the report on its finding to the European Parliament, to the Council, and to the Commission, by 31 December 2028.deleted
2022/08/18
Committee: ECON
Amendment 1456 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 199
Regulation (EU) No 575/2013
Article 495d – paragraph 2 – subparagraph 3
On the basis of that report and taking due account of the related internationally agreed standards developed by the BCBS, the Commission shall, where appropriate, submit to the European Parliament and to the Council a legislative proposal by 31 December 2031.’;deleted
2022/08/18
Committee: ECON
Amendment 1475 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 200
Regulation (EU) No 575/2013
Article 501
(200) in Article 501(2), point (b) is replacedby the following: ‘(b) an SME shall have the meaning laid down in Article 5, point (8);’; (https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02013R0575-20220410) is deleted. Or. en
2022/08/18
Committee: ECON
Amendment 1481 #

2021/0342(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 201
Regulation (EU) No 575/2013
Article 501a
(201) Article 501a(1) is amended as follows: (a) point (a) is replaced by the following: (a) corporate exposure class referred to either in Article 112, point (g), or in Article 147(2), point (c), with the exclusion of exposures in default; (b) point (f) is replaced by the following: ‘(f) the refinancing risk of the exposure by the obligor is low or adequately mitigated, taking into account any subsidies, grants or funding provided by one or more of the entities listed in paragraph 2, points (b)(i) and (b)(ii);deleted. the exposure is assigned to the
2022/08/18
Committee: ECON
Amendment 38 #

2021/0296(COD)

Proposal for a directive
Recital 3
(3) Activities, services or operationServices performed by insurance or reinsurance undertakings that cannot be substituted easily within a reasonable timeframe, or at a reasonable cost for policy holders, beneficiaries or injured parties, need to be seen as critical functioninsurance products that need to be continued. Such activities, services or operationservices can be critical at Union, national or regional level. The continuity of insurance or reinsurance protection is often preferable to the winding down of a failing undertaking as such continuity delivers the most favourable outcome for policy holders, beneficiaries or injured parties. It is therefore crucial that adequate tools are available to prevent failures and, where failures occur, to minimise negative repercussions by preserving the continuity of those critical functions.insurance products. (This amendment applies throughout the text. Adopting it will necessitate corresponding changes throughout.)
2022/07/18
Committee: ECON
Amendment 43 #

2021/0296(COD)

Proposal for a directive
Recital 13
(13) It is necessary to ensure the suitability and effectiveness of the recovery and resolution framework while avoiding unnecessary administrative burdens and costs on undertakings and authorities. The implementation of such recovery and resolution framework should therefore be proportionate to the nature, scale and complexity of the undertaking concerned, and of its activities and services. Regarding the scope of the recovery and resolution planning requirements, authorities should determine, on the basis of a harmonised set of risk-based criteria, which undertakings are subject to the planning requirements. To foster trust in the insurance and reinsurance single market and to foster a level playing field, a minimum degree of preparedness should be achieved through laying down a minimum market coverage level. That minimum market coverage level should however take into account the differences between recovery on the one hand and resolution on the other, and the existence or absence of a public interest for taking resolution action.
2022/07/18
Committee: ECON
Amendment 45 #

2021/0296(COD)

Proposal for a directive
Recital 14
(14) For the same reason, authorities should, where appropriate, apply different or reduced pre-emptive recovery and resolution planning and information requirements on an undertaking-specific basis, and at a lower frequency of updates. Authorities should, when applying such simplified obligations, take into account the nature, size, complexity and substitutability of an undertaking’s business, its shareholding structure and legal form, its risk profile, its degree of interconnectedness to other regulated undertakings or to the financial system in general. Authorities should also take into account whether the failure and subsequent winding up of the insurance or reinsurance undertaking under normal insolvency proceedings would be likely to have a significant negative effect on policy holders, financial markets, other undertakings, or the wider economy. Authorities should report to EIOPA on the application of such simplified obligations on an annual basis.
2022/07/18
Committee: ECON
Amendment 48 #

2021/0296(COD)

Proposal for a directive
Recital 18
(18) It is essential that groups, or where applicable, individual undertakings, prepare and regularly update pre-emptive recovery plans that set out actions to be taken by those groups or undertakings to restore their financial position following a significant deterioration of that position that could pose a risk to their viability. Insurance and reinsurance undertakings should therefore identify a set of quantitative and qualitative indicators that would trigger the activation of remedial actions envisaged in such pre- emptive recovery plans. Such indicators should help insurance and reinsurance undertakings to take remedial actions in the best interest of their policy holders and should not lay down new regulatory prudential requirements. Pre-emptive recovery plans covering all material legal entities within the group should be detailed and should be based on realistic assumptions that are applicable in a range of robust and severe scenarios. Those pre- emptive recovery plans should be an integral part of an undertaking’s system of governance. Existing tools may serve as an input when preparing such pre-emptive recovery plans, including the own risk and solvency assessment, contingency plans or liquidity risk management plans. The requirement to prepare a pre-emptive recovery plan should, however, be applied proportionately and should be without prejudice to the development and submission of a realistic recovery plan as required by Article 138(2) of Directive 2009/138/EC. Where relevant, the elements of the pre-emptive recovery plan could inform or serve as a basis to develop the recovery plan required by Article 138(2) of Directive 2009/138/EC.
2022/07/18
Committee: ECON
Amendment 54 #

2021/0296(COD)

Proposal for a directive
Recital 21
(21) Low risk profile undertakings should, due to their low risk profile, not be obliged to draw up separate pre- emptive recovery plans, nor should they be subject to resolution planning.deleted
2022/07/18
Committee: ECON
Amendment 55 #

2021/0296(COD)

Proposal for a directive
Recital 23
(23) Group pre-emptive recovery and resolution plans should be prepared for the group as a whole and should identify measures in relation to both an ultimate parent undertaking and individual subsidiaries that are part of that group. The extent to which subsidiaries are considered in the group pre-emptive recovery and resolution plans should, however, be proportionate to their relevance to the group and to policy holders, the real economy and the financial system in the Member States where those subsidiaries operate. The resolution authorities of the Member States where a group has subsidiaries should be involved in the drawing up of any resolution plans. The authorities concerned, acting within the supervisory or resolution colleges, should make every effort to reach a joint decision on the assessment and adoption of those plans. However, adequate crisis preparedness should not be affected by an absence of a joint decision within the supervisory or resolution colleges. In such cases, each supervisory authority responsible for a subsidiary should have the possibility to require a pre-emptive recovery plan for the subsidiaries under its jurisdiction and make its own assessment of the pre-emptive recovery plan. For the same reasons, each resolution authority responsible for a subsidiary should, for the subsidiaries under its jurisdiction, draw up and keep updated a resolution plan. The drawing up of individual pre-emptive recovery and resolution plans for undertakings that are a part of a group should remain exceptional, duly justified and apply the same standards that are applied to comparable undertakings in the Member State concerned. Where individual pre-emptive recovery and resolution plans for undertakings that are a part of a group are prepared, the authorities concerned should aim to achieve, to the extent possible, consistency with pre-emptive recovery and resolution plans for the rest of the group.
2022/07/18
Committee: ECON
Amendment 56 #

2021/0296(COD)

Proposal for a directive
Recital 23 a (new)
(23 a) Financial conglomerates risk to be simultaneously within the scope of both the insurance recovery & resolution directive (IRRD) and the banking recovery & resolution directive (BRRD). Two separate directives may thus in the case of financial conglomerates lead to two separate pre-emptive recovery plans and two separate pre-emptive resolution plans. To avoid excessive burden, financial conglomerates should be permitted to draw up one single pre- emptive recovery plan for the whole group. Likewise, it should be sufficient to require the resolution authority to draw up one single pre-emptive resolution plan for the whole group.
2022/07/18
Committee: ECON
Amendment 61 #

2021/0296(COD)

Proposal for a directive
Recital 72
(72) EIOPA should promote convergence of the practices of resolution authorities through guidelines that are issued in accordance with Article 16 of Regulation (EU) No 1094/2010. More in particular, EIOPA should specify all of the following: (a) the application of simplified obligations for certain undertakings; (b) the methods to be used when determining the market shares and the criteria for the scope of pre-emptive recovery planning; (c) a minimum list of qualitative and quantitative indicators and a range of scenarios for pre-emptive recovery plans; (d) the criteria for the identification of critical functions; (e) the details on the measures to address or remove impediments to resolvability and the circumstances in which each measure may be applied; and (f) how information should be provided in summary or collective form for the purpose of confidentiality requirements.
2022/07/18
Committee: ECON
Amendment 77 #

2021/0296(COD)

Proposal for a directive
Article 2 – paragraph 2 – point 19
(19) ‘critical functions’ means activities, services or operationinsurance products’ means services performed by an insurance or reinsurance undertaking for third parties that cannot be substituted within a reasonable time or at a reasonable cost, and where the inability of the insurance and reinsurance undertaking to perform the activities, services or operationservices would be likely to have a significant impact on the financial system and the real economy in one or more Member States, including by affecting the social welfare of a large number of policy holders, beneficiaries or injured parties or by giving rise to systemic disruption or by undermining general confidence in the provision of insurance services; (This amendment applies throughout the text. Adopting it will necessitate corresponding changes throughout.)
2022/07/18
Committee: ECON
Amendment 89 #

2021/0296(COD)

Proposal for a directive
Article 4 – paragraph 1
1. Taking into account the impact that the failure of the insurance or reinsurance undertaking could have, due to the nature of its business, its shareholding structure, its legal form, its risk profile, size and legal status, its interconnectedness to other regulated undertakings or to the financial system in general, the scope and the complexity of its activities, and whether its failure and subsequent winding up under normal insolvency proceedings would be likely to have a significant negative effect on financial markets, on other undertakings, on policy holders, on funding conditions, or on the wider economy, supervisory and resolution authorities shall determine whether simplified obligations can apply for certain insurance and reinsurance undertakings and groups with respect to: (a)deleted the date by which the first pre- the contents and details of pre- emptive recovery and resolution plans provided for in Articles 5 to 7; (b) emptive recovery and resolution plans are to be drawn up and the frequency for updating recovery and resolution plans, which may be lower than the frequency provided for in Article 5(4), Article 7(5), Article 9(5) and Article 11(3); (c) the information required from unlevel of detail of the level of dertakings pursuant to Article 5(6), Article 10(2) and Article 12(1); (d) assessment of resolvability provided for in Articles 13 and 14.il for the
2022/07/18
Committee: ECON
Amendment 91 #

2021/0296(COD)

Proposal for a directive
Article 5 – paragraph 1 – subparagraph 1
1. Member States shall ensure that insurance and reinsurance undertakings that are not part of a group subject to pre- emptive recovery planning pursuant to Article 7 and that meet the criteria laid down in paragraphs 2 or 3, draw up and keep updated a pre- emptive recovery plan. Such pre-emptive recovery plan shall contain measures to be taken by the undertaking concerned to restore its financial position where that position has significantly deteriorated. A significant deterioration in the financial position is considered to have occurred if the eligible funds fail to cover the Solvency Capital Requirement as laid down in Title I, Chapter VI, Section 4, of Directive 2009/138/EC [Solvency II].
2022/07/18
Committee: ECON
Amendment 92 #

2021/0296(COD)

Proposal for a directive
Article 5 – paragraph 1 – subparagraph 2
The drawing up, the keeping up-to-date and application of pre- emptive recovery plans shall be considered to be part of the system of governance within the meaning of Article 41 of Directive 2009/138/EC.
2022/07/18
Committee: ECON
Amendment 97 #

2021/0296(COD)

Proposal for a directive
Article 5 – paragraph 2 – subparagraph 2
Supervisory authorities shall ensure that at least 80% of the Member State’s life and non-life and reinsurance market respectively, where the non-life market share is based on gross written premiums and the life market share is based on gross technical provisions, shall be subject tomay require insurance and reinsurance undertakings that risk experiencing a significant deterioration of their financial position to draw up and submit a pre-emptive recovery planning requirements pursuant to this Article.
2022/07/18
Committee: ECON
Amendment 98 #

2021/0296(COD)

Proposal for a directive
Article 5 – paragraph 2 – subparagraph 3
In the calculation of the market coverage level referred to in subparagraph 2, the subsidiary insurance or reinsurance undertakings of a group may be taken into account where those subsidiary insurance or reinsurance undertakings are part of a group for which the ultimate parent undertaking is drawing up and maintaining a group pre-emptive recovery plan referred to in Article 7.deleted
2022/07/18
Committee: ECON
Amendment 101 #

2021/0296(COD)

Proposal for a directive
Article 5 – paragraph 3 – subparagraph 2
Low risk profile undertakings, however, shall not be subject to pre-emptive recovery planning requirements on an individual basis.deleted
2022/07/18
Committee: ECON
Amendment 103 #

2021/0296(COD)

Proposal for a directive
Article 5 – paragraph 4
4. EIOPA shall issue guidelines in accordance with Article 16 of Regulation (EU) No 1094/2010 to further specify the methods to be used when determining the market shares referred to in paragraph 2, and the criteria, in particular as regards cross-border activity, referred to in paragraph 2, first subparagraph.deleted
2022/07/18
Committee: ECON
Amendment 105 #

2021/0296(COD)

Proposal for a directive
Article 5 – paragraph 5
5. Supervisory authorities shall ensure thatmay require insurance and reinsurance undertakings that remain at risk to experience a significant deterioration of their financial position to update their pre- emptive recovery plans at least annually and after a change to the legal or organisational structure of the undertaking concerned, or to its business or its financial situation, which could have a material effect on, or necessitates a material change to, the pre- emptive recovery plan.
2022/07/18
Committee: ECON
Amendment 121 #

2021/0296(COD)

Proposal for a directive
Article 7 – paragraph 1 – subparagraph 1
1. Member States shall ensure that group supervisors may require ultimate parent undertakings to draw up and submit to the group supervisor a group pre- emptive recovery plan when the ultimate undertaking or one of the material undertakings within the group risk experiencing a significant deterioration of its financial position.
2022/07/18
Committee: ECON
Amendment 126 #

2021/0296(COD)

Proposal for a directive
Article 7 – paragraph 6 a (new)
6 a. Member states shall ensure that financial conglomerates that are subject to Directive 2002/87/EC of the European Parliament and of the Council are permitted to draft one single pre-emptive recovery plan for the whole group. The group supervisor of the insurance activities shall coordinate with the group supervisor of the credit institution or investment firm.
2022/07/18
Committee: ECON
Amendment 133 #

2021/0296(COD)

Proposal for a directive
Article 9 – paragraph 2 – subparagraph 2
Resolution authorities shall ensure that at least 70% of the Member State’s life and non-life and reinsurance market respectively, where the non-life market share is based on gross written premiums and the life market share is based on gross technical provisions, shall be subject to resolution planning. In the calculation of the market coverage level, the subsidiaries of a group may be taken into account where those subsidiaries are covered in the group resolution plan referred to in Article 10may subject insurance and reinsurance undertakings that risk experiencing a significant deterioration of their financial position to resolution planning.
2022/07/18
Committee: ECON
Amendment 134 #

2021/0296(COD)

Proposal for a directive
Article 9 – paragraph 2 – subparagraph 3
Low risk profile undertakings shall not be subject to resolution planning requirements on an individual basis.deleted
2022/07/18
Committee: ECON
Amendment 138 #

2021/0296(COD)

Proposal for a directive
Article 9 – paragraph 5 – subparagraph 1
5. Resolution authorities shallmay review, and where necessary update, resolution plans at least annually andof insurance and reinsurance undertakings that risk experiencing a significant deterioration of their financial position, and in particular after any material change to the legal or organisational structure of the insurance or reinsurance undertaking or to its business or its financial position that could have a material effect on the effectiveness of the plan or otherwise necessitate a revision of the resolution plan.
2022/07/18
Committee: ECON
Amendment 142 #

2021/0296(COD)

Proposal for a directive
Article 9 – paragraph 9 a (new)
9 a. Member States shall ensure that the resolution authorities shall draft one single pre-emptive resolution plan for the whole group, where the group subject to the resolution plan is a financial conglomerate subject to Directive 2002/87/EC of the European Parliament and of the Council. The group resolution authority of the insurance undertakings shall coordinate with the group resolution authority of the credit institution or investment firm.
2022/07/18
Committee: ECON
Amendment 143 #

2021/0296(COD)

Proposal for a directive
Article 10 – paragraph 1
1. Member States shall ensure that group resolution authorities may draw up group resolution plans when the ultimate parent undertaking or one of the material undertakings within the group risk experiencing a significant deterioration of their financial position.
2022/07/18
Committee: ECON
Amendment 145 #

2021/0296(COD)

Proposal for a directive
Article 11 – paragraph 3
3. Member States shall ensure that group resolution plans armay be reviewed, and where appropriate updated, at least annually, and when the ultimate parent undertaking or one of the material undertakings within the group risks experiencing a significant deterioration of its financial position, in particular after any change to the legal or organisational structure, to the business or to the financial position of the group including any group entity, that could have a material effect on or require a change to the plan.
2022/07/18
Committee: ECON
Amendment 167 #

2021/0296(COD)

Proposal for a directive
Article 26 – paragraph 2 – subparagraph 2
The conversion of eligible liabilities into capital instruments shall not apply to insurance claims.deleted
2022/07/18
Committee: ECON
Amendment 172 #

2021/0296(COD)

Proposal for a directive
Article 26 – paragraph 5
5. The resolution authority may recover any reasonable expenses properly incurred in connection with the use of the resolution tools or exercising the resolution powers in one or more of the following ways: (a) as a deduction from any consideration paid by a recipient to the undertaking under resolution or, as the case may be, to the owners of the shares or other instruments of ownership; (b) Member States shall ensure that a financing mechanism is in place to that ensures the performance of the obligations deriving from this Directive. This financing mechanism shall at least: (a) cover the expenses arising from the compensation of sharesholution, as a preferred creditor; (c) result of the termination of the operation of the bridge undertaking, the asset and liability management vehicle or the insurance or reinsurance undertaking in solvent run-off, as a preferred creditor.ders, creditors or policyholders as a consequence of Article 55; (b) be based on the home-country principle. from the undertaking under from any proceeds generated as a
2022/07/18
Committee: ECON
Amendment 179 #

2021/0296(COD)

Proposal for a directive
Article 34 – paragraph 1 – subparagraph 1 – point b a (new)
(b a) to restore the viability of a failing entity where that is necessary to ensure the continuity of critical insurance products.
2022/07/18
Committee: ECON
Amendment 256 #

2021/0295(COD)

Proposal for a directive
Recital 36
(36) Directive 2009/138/EC provides for a volatility adjustment, which seeks to mitigate the effect of exaggerations of bond spreads and is based on reference portfolios for the relevant currencies of insurance and reinsurance undertakings and, in the case of the euro, on reference portfolios for national insurance markets. The use of a uniform volatility adjustment for entire currencies or countries can lead to benefits in excess of a mitigation of exaggerated bond spreads, in particular where the sensitivity of relevant assets of those undertakings to changes in credit spreads is lower than the sensitivity of the relevant best estimate to changes in interest rates. In order to avoid such excessive benefitversely, the use of a uniform volatility adjustment for entire currencies or countries can lead in exceptional circumstances to a situation where the sensitivity to changes in credit spreads of particular investments of undertakings are not sufficiently taken into account. In order to avoid inappropriate corrections from the volatility adjustment, the volatility adjustment should be subject to supervisory approval and its calculation should take into account undertaking- specific characteristics related to the spread sensitivity of assets and the interest rate sensitivity of the best estimate of technical provisions. Moreover, minimum conditions for the use of the volatility adjustment should be introduced as an additional safeguard. Member States, some of which already subject the use of the volatility adjustment to a supervisory approval process, should have the option to extend the conditions for approval to include an assessment against the underlying assumptions of the volatility adjustment. In light of the additional safeguards, insurance and reinsurance undertakings should be allowed to add up to an increased proportion of 85% of the risk-corrected spread derived from the representative portfolios to the basic risk- free interest rate term structure.
2022/08/01
Committee: ECON
Amendment 258 #

2021/0295(COD)

Proposal for a directive
Recital 36 a (new)
(36 a) Where the undertaking invests in debt instruments which have a better credit quality than the debt instruments contained in the representative portfolio for the calculation of the volatility adjustment, the volatility adjustment may overcompensate the loss of own funds caused by widening bond spreads and may lead to undue volatility in the own funds. Alternatively, where the undertaking invests in debt instruments which are underrepresented in the representative portfolio for the calculation of the volatility adjustment, the volatility adjustment may underestimate the loss of own funds caused by widening bond spreads and may lead to undue volatility in the own funds. With the objective to offset the artificial volatility caused by such inappropriate corrections, in these cases undertakings should be able to apply for a modification of the volatility adjustment that takes into account information on the undertaking specific investments in debt instruments.
2022/08/01
Committee: ECON
Amendment 284 #

2021/0295(COD)

Proposal for a directive
Recital 64
(64) There is a lack of clarity regarding the types of undertakings for which Method 2, namely a deduction and aggregation method as defined in Article 233 of Directive 2009/138/EC, may be applied when calculating group solvency, which is detrimental to the level-playing field in the Union. Therefore, it should be clearly specified which undertakings may be included in the group solvency calculation through Method 2. Such method should only apply to insurance and reinsurance undertakings, third-country insurance and reinsurance undertakings, undertakings belonging to other financial sectors, mixed financial holding companies, insurance holding companies, and other parent undertakings the main business of which is to acquire and hold participations in subsidiary undertakings, where those subsidiary undertakings are exclusively or mainly insurance or reinsurance undertakings, or third-country insurance or reinsurance undertakings. It is also important to ensure that prudential rules warrant a level-playing field at global level for all insurance groups which are subject to Title III of Directive 2009/138/EC and which operate in third countries. For this reason, where an international group includes insurance or reinsurance undertakings with head offices in third countries whose solvency regimes have been deemed equivalent or provisionally equivalent in accordance with Article 227 of that Directive, the group supervisor should give such a consideration priority when deciding on whether method 2 should be used instead of – or in combination with – method 1 (accounting-based consolidation method).
2022/08/01
Committee: ECON
Amendment 288 #

2021/0295(COD)

Proposal for a directive
Recital 72
(72) There is no legal provision specifying how to calculate group solvency when a combination of Method 1 and Method 2 is used. This leads to inconsistent practices and uncertainties, in particular in relation to the way of calculating the contribution to the group Solvency Capital Requirement of insurance and reinsurance undertakings included through Method 2. Therefore, it should be clarified how group solvency is to be calculated when a combination of methods is used. In order to avoid material increases and double counting in capital requirements as well as to preserve a level playing field for insurance and reinsurance groups at global level, it should be clarified that, for the purpose of calculating the consolidated group Solvency Capital Requirement, no equity risk capital charge is to be applied to such holdings. For the same reason, and because currency risk charge should only be appannot lead to a breach in the Solvency Capital Requirements as long as the solo undertakings are well capitalized to, currency risk of the value of those holdings that is in excess of the Solvency Capital Requirements of those related undertakings should be assessed and managed in the Own Risk and Solvency Assessment. Participating insurance or reinsurance undertakings should be allowed to take into account diversification between that currency risks and other risks underlying the calculation of the consolidated group Solvency Capital Requirement.
2022/08/01
Committee: ECON
Amendment 302 #

2021/0295(COD)

Proposal for a directive
Recital 82 a (new)
(82 a) The supervision of phasing-in plans for the transitional measures on risk-free interest rates and on technical provisions should be improved, in particular by strengthening the power of the supervisor to withdraw those transitional measures where progress towards compliance with the Solvency Capital Requirement at the end of the transitional period is not achieved or where such compliance is unrealistic. In particular, the compliance could be considered unrealistic where it is based on the assumption that the situation of financial markets at the end of the transitional period is improved compared to the situation at the time of the assessment.
2022/08/01
Committee: ECON
Amendment 422 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 18
Directive 2009/138/EC
Article 35b – paragraph 2
2. Member States shall ensure that insurance and reinsurance undertakings submit the information referred to in Article 35(1) to (4) on a quarterly basis no later than fivesix weeks after the end of each quarter.
2022/08/01
Committee: ECON
Amendment 553 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 36 – point a (new)
Directive 2009/138/EC
Article 77 – paragraph 3 a (new)
3a. The risk margin for the entire portfolio of insurance and reinsurance obligations shall be calculated using the following formula: RM = CoC * Σt≥0 (0.995t*SCR(t)/((1+r(t+1))t+1) where (a) CoC denotes the Cost-of-Capital rates and shall be assumed to be equal to 6%. (b) the sum covers all integers including zero (c) SCR(t) denotes the Solvency Capital Requirement after t years (d) r(t+1) denotes the basic risk-free interest rate for the maturity of t+1 years.
2022/08/01
Committee: ECON
Amendment 565 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 37
Directive 2009/138/EC
Article 77a – paragraph 2 – subparagraph 1
2. For the purpose of paragraph 1, second subparagraph, any parameters determining the speed of the convergence of the forward rates towards the ultimate forward rate of the extrapolation may be chosen such that on [OP please insert date = application date] the risk-free interest rate term structure is sufficiently similar to the risk-free interest rate term structure on that date determined in line with the rules for the extrapolation applicable on [OP please insert date = one day before date of application]. Those parameters of the extrapolation shall be decreased linearly at the beginning of each calendar year, during a transitional period. The final parameters of the extrapolation shall be applied as of 1 January 2032The extrapolated risk-free rate shall be determined as follows: rFSP+h = FSP+h√((1+rFSP)FSP * exp(h*fh)) - 1 Where: fh = ln(1+UFR) + [(LLFR - ln(1+UFR)] * ((1-exp(-a*h)/(a*h)) (a) UFR is the Ultimate Forward Rate (b) a is the convergence speed parameter (c) LLFR is the Last Liquid Forward Rate (d) FSP is the First Smoothing Point The convergence speed parameter a shall be set at 5%.
2022/08/01
Committee: ECON
Amendment 577 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 38 – point b
Directive 2009/138/EC
Article 77d – paragraph 1 c (new)
1c. Insurance and reinsurance undertakings may, subject to prior approval by the supervisory authority, apply an undertaking-specific adjustment to this risk-corrected spread of the currency referred to in paragraph 3, under the conditions that: (i) This risk-corrected spread exceeded, during the four previous quarterly reporting periods prior to the application date, the risk-corrected spread calculated based on the undertaking’s portfolio of investments in debt instruments; and (ii) The information that is inherent to the relevant assets of the undertaking and that is reported by the undertaking in line with Article 35(1) to (4) is of sufficient quality to allow a robust and reliable calculation of this adjustment. This adjustment shall correspond to the lowest between 150% and the ratio of the risk-corrected spread calculated based on the undertaking’s portfolio of investments in debt instruments and the risk-corrected spread calculated based on the reference portfolio for the relevant currency. The risk-corrected spread based on the undertaking’s portfolio of investments in debt instruments shall be calculated in the same manner as the risk-corrected spread based on the reference portfolio for the relevant currency, but using undertaking- specific data on the weights and the average duration of the relevant sub- classes within the undertaking’s portfolio of investments in debt instruments for the relevant currency. Where the adjustment is applied, the volatility adjustment shall not be increased by a macro volatility adjustment as referred to in paragraph 4. Insurance and reinsurance undertakings shall immediately stop applying this adjustment when it increases the risk- correction spread of the currency referred to in paragraph 3 for four consecutive quarterly reporting periods.
2022/08/01
Committee: ECON
Amendment 585 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 38 – point c
Directive 2009/138/EC
Article 77d – paragraph 3 – subparagraph 1 – point b a (new)
(b a) IRcu is the illiquidity ratio of an insurance or reinsurance undertaking for the currency cu;
2022/08/01
Committee: ECON
Amendment 586 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 38 – point c
Directive 2009/138/EC
Article 77d– paragraph 3 – subparagraph 2 a (new)
IRcu measures the degree of illiquidity of the liabilities of an insurance or reinsurance undertaking for the currency cu. It is determined on the basis of the mortality risk and the lapse risk inherent to the liabilities. It shall not be lower than 60% and not higher than 100%.
2022/08/01
Committee: ECON
Amendment 589 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 38 – point c
Directive 2009/138/EC
Article 77d – paragraph 3 a (new)
3a. The portion of the spread that is attributable to a realistic assessment of expected losses, unexpected credit risk or any other risk shall be calculated as a function of the long-term average spread and the level of the spread.
2022/08/01
Committee: ECON
Amendment 592 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 38 – point c
Directive 2009/138/EC
Article 77d – paragraph 4 – subparagraph 1 – point b a (new)
(b a) IReuro is the illiquidity ratio of an insurance or reinsurance undertaking for the euro
2022/08/01
Committee: ECON
Amendment 593 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 38 – point c
Directive 2009/138/EC
Article 77d – paragraph 4 – subparagraph 2 a (new)
IReuro shall be calculated as the illiquidity ratio of an insurance or reinsurance undertaking for the euro in accordance with paragraph 3.
2022/08/01
Committee: ECON
Amendment 627 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 43 a (new)
Directive 2009/138/EC
Article 105 a (new)
(43a) the following Article is inserted: ‘Article 105a Long-term equity investments 1. A sub-set of equity investments may be treated as long-term equity investments if the insurance or reinsurance undertaking demonstrates, to the satisfaction of the supervisory authority, that all of the following conditions are met: (a) the sub-set of equity investments is clearly identified; (b) the sub-set of equity investments is included within a portfolio of assets which is assigned to cover the best estimate, its risk margin and share of the own funds of a portfolio of insurance or reinsurance obligations corresponding to one or several clearly identified businesses; (c) the assigned portfolio of assets referred to in point (b) is identified; (d) the average holding period of equity investments in the sub-set exceeds five years, or where the average holding period of the sub-set is lower than five years, the insurance or reinsurance undertaking does not sell any equity investments within the sub-set until the average holding period exceeds five years; (e) the sub-set of equity investments consists only of equities that are listed in countries that are members of the EU and/or the OECD or of unlisted equities of companies that have their head offices in countries that are members of the EU and/or the OECD; (f) the solvency and liquidity position of the insurance or reinsurance undertaking, as well as its strategies, processes and reporting procedures with respect to asset-liability management, are such as to ensure, on an ongoing basis and under stressed conditions, that it is able to avoid forced sales of each equity investments within the sub-set for at least five years; (g) the risk management, asset-liability management and investment policies of the insurance or reinsurance undertaking reflects the undertaking's intention to hold the sub-set of equity investments for a period that is compatible with the condition laid down in point (e) and its ability to meet the condition laid down in point (g). 2. Where equities are held within collective investment undertakings or within alternative investment funds such as European Long Term Investment Funds (ELTIFs) the conditions laid down in paragraph 1 may be assessed at the level of the funds and not of the underlying assets held within those funds. 3. Insurance or reinsurance undertakings that treat a sub-set of equity investments as long-term equity investments in accordance with paragraph 1 of this Article shall not revert back to an approach that does not include long-term equity investments. Where an insurance or reinsurance undertaking that treats a sub-set of equity investments as long-term equity investments is no longer able to comply with the conditions laid down in paragraph 1 of this Article, it shall immediately inform the supervisory authority and shall cease to apply Articles 169(1)(b), (2)(b), (3)(b) and (4)(b) to any of its equity investments for a period of 36 months. 4. The capital requirement for long-term equity investments shall be equal to the loss in the basic own funds that would result from an instantaneous decrease equal to 22 % in the value of investments that are treated as long-term equity.’
2022/08/01
Committee: ECON
Amendment 645 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 46 – point b
Directive 2009/138/EC
Article 111 – paragraph 1 – subparagraph 2 a (new)
Where the Commission adopts delegated acts pursuant to point (c) of the first subparagraph to specify the methods, assumptions and standard parameters to be used for calculating the interest rate risk sub-module referred to in Article 105(5)(a) with the objective to improve the sensitivity of capital requirements in line with developments in interest rates, insurance or reinsurance undertakings may phase in such adjustments to the interest rate risk sub-module over a transitional period of up to five years.
2022/08/01
Committee: ECON
Amendment 716 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 61 – point c
Directive 2009/138/EC
Article 212 – paragraphs 3 to 6
(c) [...]deleted
2022/08/01
Committee: ECON
Amendment 727 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 62 – point c
Directive 2009/138/EC
Article 213 – paragraphs 3a to 3c
(c) [...]deleted
2022/08/01
Committee: ECON
Amendment 764 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 75
Directive 2009/138/EC
Article 233a – paragraph 3 – subparagraph 2
For the purposes of paragraph 1, point (b) (i), of this Article, the value of holdings in undertakings referred to in Article 220(3) to which method 2 is applied, in excess of their own Solvency Capital Requirement, shall be included in the consolidated data when calculating the sensitivity of assets and liabilities to changes in the level or in the volatility of currency exchange rates (‘currency risk’). However, tsensitivity of assets and liabilities to changes in the level or volatility of currency exchange rates of holdings in undertakings referred to in Article 220(3) to which method 2 is applied, shall be part of the assessment referred to in Article 45(1). The value of those holdings shall not be assumed to be sensitive to changes in the level or in the volatility of market prices of equities (‘equity risk’).
2022/08/01
Committee: ECON
Amendment 765 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 79
Directive 2009/138/EC
Article 246 – paragraph 1, 2(2), 2(3), 4(1) second sentence and 5
(79) [...]deleted
2022/08/01
Committee: ECON
Amendment 797 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 94 – point c
Directive 2009/138/EC
Article 308b – paragraph 17 – subparagraphs 1a and 1b
(c) in paragraph 17, the following subparagraphs are inserted after the first subparagraph: ‘ Where an insurance or reinsurance group, or any of its subsidiary insurance or reinsurance undertakings is applying the transitional measure on the risk-free interest rates referred to in Article 308c or the transitional measure on technical provisions referred to in Article 308d, the participating insurance or reinsurance undertaking, the insurance holding company or the mixed financial holding company shall publicly disclose, as part of its report on the group solvency and financial condition referred to in Article 256, and in addition to the disclosures referred to in Articles 308c(4), point (c), and Article 308d(5), point (c), the quantification of the impact on its financial position of assuming that the own funds stemming from the application of those transitional measures cannot effectively be made available to cover the Solvency Capital Requirement of the participating undertaking for which the group solvency is calculated. Where an insurance or reinsurance group materially relies on the use of the transitional measures referred to in Articles 308c and 308d in such a manner that it misrepresents the actual solvency position of the group, even where the group Solvency Capital Requirement would be complied with without the use of those transitional measures, the group supervisor shall have the power to take appropriate measures, including the possibility to reduce the amount of own funds stemming from the use of those transitional measures that may be deemed eligible to cover the group Solvency Capital Requirement.; ’deleted
2022/08/01
Committee: ECON
Amendment 803 #

2021/0295(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 96 a (new)
Directive 2009/138/EC
Article 308e
(96a) Article 308e is replaced by the following: "Article 308e Phasing- in plan on the transitional measures on risk-free interest rates and on technical provisions Insurance and reinsurance undertakings that apply the transitional measures set out in Articles 308c or 308d shall inform the supervisory authority as soon as they observe that they would not comply with the Solvency Capital Requirement without application of these transitional measures. The supervisory authority shall require the insurance or reinsurance undertaking concerned to take the necessary measures to ensure compliance with the Solvency Capital Requirement at the end of the transitional period. Within two months from observation of non-compliance with the Solvency Capital Requirement without application of these transitional measures, the insurance or reinsurance undertaking concerned shall submit to the supervisory authority a phasing-in plan setting out the planned measures, including the timing of those measures, to establish the level of eligible own funds covering the Solvency Capital Requirement or to reduce its risk profile to ensure compliance with the Solvency Capital Requirement at the end of the transitional period. The insurance or reinsurance undertaking concerned may update the phasing-in plan during the transitional period. Within two months from observation of non-compliance with the Solvency Capital Requirement without application of these transitional measures, the insurance orThe insurance and reinsurance undertakings concerned shall submit annually a report to their supervisory authority a phasing-in plan setting out the planned measures to establish the level of eligible own funds covering the Solvency Capital Requirement or to reduce its risk profile to ensure compliance with the Solvency Capital Requirement at the end of the transitional period. The insurance or reinsurance undertaking concerned may update the phasing-in plan during the transitional period. The insurance and reinsurancaken and the progress made to ensure compliance with the Solvency Capital Requirement at the end of the transitional period. Supervisory authorities may revoke the approval for the application of the transitional measure set out in Articles 308c and 308d where the undertakings concerned shall submit annually a report toannot demonstrate to the satisfaction of their supervisory authority setting out the measures taken and the progress made to ensurethat sufficient progress has been made with respect to compliance with the Solvency Capital Requirement without transitional measures at the end of the transitional period. Supervisory authorities shall revoke the approval for the application of the transitional measure where that progress report showsey consider that compliance with the Solvency Capital Requirement at the end of the transitional period is unrealistic. (https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02009L0138-20210630); " Or. en
2022/08/01
Committee: ECON
Amendment 132 #

2021/0223(COD)

Proposal for a regulation
Recital -1 (new)
(-1) It is unfortunate that to date the Commission has failed to produce a comprehensive overall impact assessment for the entire "Fit for 55"-package, elaborating on its cumulative and combined effects. This is problematic since the overall impact of the package on social costs and their distribution, competitiveness, jobs, carbon and business leakage remains unclear. The absence of this overall assessment equally impedes a clear view of synergies and interdependencies between the various proposals of the "Fit for 55"-package. Moreover, the "Fit for 55"-package should also be aligned with more recent climate proposals.
2022/03/21
Committee: TRAN
Amendment 147 #

2021/0223(COD)

Proposal for a regulation
Recital 4 a (new)
(4 a) There is a clear need for alignment between various proposals of the "Fit for 55"-package to ensure overall coherence and synergies, in particular for the demand, supply and support of shore- side electricity.
2022/03/21
Committee: TRAN
Amendment 283 #

2021/0223(COD)

Proposal for a regulation
Recital 32
(32) Shore-side electricity facilities can serve maritime and inland waterway transport as clean power supply and contribute to reducing the environmental impact of seagoing ships and inland waterway vessels, mainly at berth in ports. Under the FuelEU maritime initiative, ship operators of container and passenger ships need to comply with provisions to reduce emissions at berth. Mandatory deployment targets should ensure that the sector finds sufficient shore-side electricity supply in TEN-T core and comprehensive maritime ports to comply with those requirements. The application of these targets to all TEN- T maritime ports should ensure the level playing field between ports.
2022/03/21
Committee: TRAN
Amendment 292 #

2021/0223(COD)

Proposal for a regulation
Recital 32 a (new)
(32 a) Maritime ports are very divers (in terms of size, traffic segments served, governance and geographical location). This has to be taken into account in the deployment and supply of shore-side electricity and may lead to different divisions of responsibility in this regard.
2022/03/21
Committee: TRAN
Amendment 295 #

2021/0223(COD)

Proposal for a regulation
Recital 32 b (new)
(32 b) Deploying shore-side electricity entails high costs. Therefore, investments have to be prioritised based on potential emission reduction, economic viability and grid capacity.
2022/03/21
Committee: TRAN
Amendment 312 #

2021/0223(COD)

Proposal for a regulation
Recital 34
(34) These targets should take into account the types of vessels served and their respective traffic volumes. Maritime portterminals with low traffic volumes of certain ship categories, should be exempted from the mandatory requirements for the corresponding ship categories based on a minimum level of traffic volume per terminal, so as to avoid underused capacity being installed. Similarly, the mandatory targets for each terminal should not aim to target maximum demand, but a sufficiently high volume, in order to avoid underused capacity for certain ship categories and to take account of port operational characteristics. Maritime transport is an important link for the cohesion and economic development of islands in the Union. Energy production capacity in these islands may not always be sufficient to account for the power demand required to support the provision of shore- side electricity supply. In such a case islands should be exempted from this requirement unless and until such an electrical connection with the mainland has been completed or there is a sufficient locally generated capacity from clean energy sources.
2022/03/21
Committee: TRAN
Amendment 333 #

2021/0223(COD)

Proposal for a regulation
Recital 35 a (new)
(35 a) The development and deployment of renewable and low-carbon maritime fuels and broader energy solutions for the maritime sector will require time, research and significant financing. Therefore, it is premature to already set ammonia and hydrogen infrastructure requirements in ports. Stresses in this regard the importance of dialogue with all actors in the value chain in order to better understand the needs and possibilities.
2022/03/21
Committee: TRAN
Amendment 817 #

2021/0223(COD)

Proposal for a regulation
Article 9 – paragraph 1 – introductory part
1. Member States shall ensure that a minimumn adequate shore-side electricity supply for seagoing container and passenger ships is provided in maritime ports. To that end, Member States shall take the necessary measures to ensure that by 1 January 2030 in TEN-T core and comprehensive maritime ports:
2022/03/21
Committee: TRAN
Amendment 826 #

2021/0223(COD)

Proposal for a regulation
Article 9 – paragraph 1 – point a
(a) TEN-T core and TEN-T comprehensive maritime portterminals whose average annual number of port calls over the last three years by seagoing container ships above 5000 gross tonnes, in the previous three years, is above 50 have sufficient shore-side power output to meet at leastprovide shore-side electricity for 90% of that demandese calls;
2022/03/21
Committee: TRAN
Amendment 836 #

2021/0223(COD)

Proposal for a regulation
Article 9 – paragraph 1 – point b
(b) TEN-T core and TEN-T comprehensive maritime portterminals whose average annual number of port calls over the last three years by seagoing ro-ro passenger ships and high-speed passenger craft above 5000 gross tonnes, in the previous three years, is above 40 have sufficient shore-side power output to satisfy at leastprovide shore-side electricity for 90% of that demandese calls;
2022/03/21
Committee: TRAN
Amendment 844 #

2021/0223(COD)

Proposal for a regulation
Article 9 – paragraph 1 – point c
(c) TEN-T core and TEN-T comprehensive maritime portterminals whose average annual number of port calls over the last three years by passenger ships other than ro-ro passenger ships and high- speed passenger craft above 5000 gross tonnes, in the previous three years, is above 25 have sufficient shore-side power output to meet at leastprovide shore-side electricity for 90% of that demande calls.
2022/03/21
Committee: TRAN
Amendment 851 #

2021/0223(COD)

Proposal for a regulation
Article 9 – paragraph 2 – introductory part
2. For the determination of the number of port calls at terminals in accordance with Article 9(1) the following port calls shall not be taken into account:
2022/03/21
Committee: TRAN
Amendment 865 #

2021/0223(COD)

Proposal for a regulation
Article 9 – paragraph 2 – point b
(b) port calls at a terminal by ships that use zero- emission technologies, as specified in Annex III of the proposal for a Regulation COM(2021)562;
2022/03/21
Committee: TRAN
Amendment 1143 #

2021/0223(COD)

Proposal for a regulation
Article 24 – paragraph 1
This Regulation shall enter into force after and based on an overall in-depth impact assessment of the Commission, analysing the combined and cumulative effects of the "Fit for 55" package, and thereafter on the twentieth day following that of its publication in the Official Journal of the European Union.
2022/03/21
Committee: TRAN
Amendment 58 #

2021/0218(COD)

Proposal for a directive
Recital -1 (new)
(-1) It is unfortunate that to date the Commission has failed to produce a comprehensive overall impact assessment for the entire "Fit for 55" package, elaborating on its cumulative and combined effects. This is problematic since the overall impact of the package on social costs and their distribution, competitiveness, jobs, carbon and business leakage remains unclear. The absence of such an overall assessment also prevents a clear view of the synergies and interdependencies between the various proposals of the "Fit for 55" package. Moreover, the "Fit for 55"package should also be aligned with more recent climate-related proposals.
2022/03/22
Committee: TRAN
Amendment 69 #

2021/0218(COD)

Proposal for a directive
Recital 2 a (new)
(2a) The transformation of the Union’s energy system towards renewable energy is not possible by means of domestic sources alone. A broad-based strategy for the importation of renewable electricity, renewable hydrogen and low-carbon energy from as many naturally suitable regions as possible is necessary, also to reduce fossil dependencies.
2022/03/22
Committee: TRAN
Amendment 249 #

2021/0218(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 11
Directive (EU) 2018/2001
Article 22a – paragraph 2 a (new)
2a. By ... [one year after the entry into force of this amending Directive], the Commission shall develop a global import strategy for renewable fuels of non- biological origin and low carbon hydrogen. That strategy shall include indicative targets and measures for imports of renewable electricity and of renewable fuels of non-biological origin. Member States shall take appropriate measures to implement the strategy in their integrated national energy and climate plans and progress reports submitted pursuant to Articles 3, 14 and 17 of Regulation (EU) 2018/1999.
2022/03/22
Committee: TRAN
Amendment 384 #

2021/0218(COD)

Proposal for a directive
Article 7 – paragraph 1
This Directive shall enter into force after and based on an overall in-depth impact assessment of the Commission, analysing the combined and cumulative effects of the "fit for 55" package, and thereafter on the twentieth day following that of its publication in the Official Journal of the European Union.
2022/03/22
Committee: TRAN
Amendment 50 #

2021/0211(COD)

Proposal for a directive
Recital 6 a (new)
(6 a) It is unfortunate that to date the Commission has failed to produce a comprehensive overall impact assessment for the entire "fit for 55" package, elaborating on its cumulative and combined effects. This is problematic since the overall impact of the package on social costs and their distribution, competitiveness, jobs, carbon and business leakage remains unclear. The absence of this overall assessment equally impedes a clear view of synergies and interdependencies between the various proposals of the "fit for 55" package. Moreover, the "fit for 55" package should also be aligned with more recent climate proposals.
2022/02/08
Committee: TRAN
Amendment 53 #

2021/0211(COD)

Proposal for a directive
Recital 14 a (new)
(14 a) Maritime transport is not only an important sector for the European economy but it is also essential for European connectivity. The sector operates in an international environment and requires a global level playing field to remain competitive. Therefore, without prejudice to European measures, a global market-based measure remains the most effective option for this sector and the Union should continue its efforts to find a proper solution at international level.
2022/02/08
Committee: TRAN
Amendment 86 #

2021/0211(COD)

Proposal for a directive
Recital 20
(20) The person or organisation responsible for the compliance with the EU ETS should be the shipping company, defined as the shipowner or any other organisation or person, such as the manager or the bareboat charterer, that has assumed the responsibility for the operation of the ship from the shipowner and that, on assuming such responsibility, has agreed to take over all the duties and responsibilities imposed by the International Management Code for the Safe Operation of Ships and for Pollution Prevention. This definition is based on the definition of ‘company’ in Article 3, point (d) of Regulation (EU) 2015/757, and in line with the global data collection system established in 2016 by the IMOregistered shipowner. In line with the polluter pays principle, the shipping companyregistered shipowner could, by means of a contractual arrangement, hold the entity that is directly responsible for the decisions affecting the CO2 emissions of the ship accountable for the compliance costs under this Directive. This entity would normally be the entity that is responsible for the choice of fuel, route and speed of the ship.
2022/02/08
Committee: TRAN
Amendment 245 #

2021/0211(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 2 – point d
Directive 2003/87/EC
Article 3 – point v
(v) ‘shipping company’ means the shipowner or any other organisation or person, such as the manager or the bareboat charterer, that has assumed the responsibility for the operation of the ship from the shipowner and that, on assuming such responsibility, has agreed to take over all the duties and responsibilities imposed by the International Management Code for the Safe Operation of Ships and for Pollution Prevention, set out in Annex I to Regulation (EC) No 336/2006 of the European Parliament and of the Council(*)registered shipowner;
2022/02/08
Committee: TRAN
Amendment 321 #

2021/0211(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 6
Directive 2003/83/EC
Article 3ge – paragraph 1
1. The Commission shall consider possible amendments in relation to the adoption by the International Maritime Organization of a global market-based measure to reduce greenhouse gas emissions from maritime transport, in order to ensure full compatibility with the global approach and to align the Union's policy accordingly. In the event of the adoption of such a measure, and in any event before the 2028 global stocktake and no later than 30 September 2028, the Commission shall present a report to the European Parliament and to the Council in which it shall examine any such measure. Where appropriate, the Commission may follow to the report with a legislative proposal to the European Parliament and to the Council to amend this Directive as appropriate.
2022/02/08
Committee: TRAN
Amendment 364 #

2021/0211(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 12 – point g
Directive 2003/87/EC
Article 10a – paragraph 8 – subparagraph 1
8. 365 million allowances from the quantity which could otherwise be allocated for free pursuant to this Article, and 85 million allowances from the quantity which could otherwise be auctioned pursuant to Article 10, as well as the allowances resulting from the reduction of free allocation referred to in Article 10a(1a), shall be made available to a Fund with the objective of supporting innovation in low-carbon technologies and processes enabling the deployment of alternative fuels infrastructure, and contribute to zero pollution objectives (the ‘Innovation Fund’). Allowances that are not issued to aircraft operators due to the closure of aircraft operators and which are not necessary to cover any shortfall in surrenders by those operators, shall also be used for innovation support as referred to in the first subparagraph.
2022/02/08
Committee: TRAN
Amendment 394 #

2021/0211(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 18 – point a
Directive 2003/87/EC
Article 16 – paragraph 2
2. Member States shall ensure the publication of the names of operators, aircraft operators and shipping companieregistered shipowners who are in breach of requirements to surrender sufficient allowances under this Directive.;
2022/02/08
Committee: TRAN
Amendment 395 #

2021/0211(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 18 – point b
Directive 2003/87/EC
Article 16 – paragraph 3a
3a. The penalties set out in paragraph 3 shall also apply in respect of shipping companieregistered shipowners.;
2022/02/08
Committee: TRAN
Amendment 396 #

2021/0211(COD)

Proposal for a directive
Article 1 – paragraph 1 – point 18 – point c
Directive 2003/87/EC
Article 16 – paragraph 11a
11a. In the case of a shipping companyregistered shipowner that has failed to comply with the surrender requirements for two or more consecutive reporting periods and where other enforcement measures have failed to ensure compliance, the competent authority of the Member State of the port of entry may, after giving the opportunity to the shipping companyregistered shipowner concerned to submit its observations, issue an expulsion order which shall be notified to the Commission, the European Maritime Safety Agency (EMSA), the other Member States and the flag State concerned. As a result of the issuing of such an expulsion order, every Member State, with the exception of the Member State whose flag the ship is flying, shall refuse entry of the ships under the responsibility of the shipping companyregistered shipowner concerned into any of its ports until the companyowner fulfils its surrender obligations in accordance with Article 12. Where the ship flies the flag of a Member State, the Member State concerned shall, after giving the opportunity to the companyowner concerned to submit its observations, order the ship to be detained until the shipping company fulfils its obligations. This paragraph shall be without prejudice to international maritime rules applicable in the case of ships in distress.;
2022/02/08
Committee: TRAN
Amendment 471 #

2021/0211(COD)

Proposal for a directive
Article 7 – paragraph 1
This Directive shall enter into force after and based on an overall in-depth impact assessment of the Commission, analysing the combined and cumulative effects of the "fit for 55" package, and thereafter on the twentieth day following that of its publication in the Official Journal of the European Union.
2022/02/08
Committee: TRAN
Amendment 88 #

2021/0210(COD)

Proposal for a regulation
Recital -1 (new)
(-1) It is unfortunate that to date the Commission has failed to produce a comprehensive overall impact assessment for the entire "fit for 55"-package, elaborating on its cumulative and combined effects. This is problematic since the overall impact of the package on social costs and their distribution, competitiveness, jobs, carbon and business leakage remains unclear. The absence of this overall assessment equally impedes a clear view of synergies and interdependencies between the various proposals of the "fit for 55"-package. Moreover, the "fit for 55"-package should also be aligned with more recent climate proposals.
2022/04/28
Committee: TRAN
Amendment 91 #

2021/0210(COD)

Proposal for a regulation
Recital 1
(1) Maritime transport accounts for around 75% of EU external trade and 31% of EU internal trade in terms of volume. At the same time, ship traffic to or from ports in the European Economic Area accounts for some 11% of all EU CO2 emissions from transport and 3-4% of total EU CO2 emissions. 400 million passengers embark or disembark annually in ports of Member States, including around 14 million on cruise ships. Maritime transport is therefore an essential component of Europe’s transport system and plays a critical role for the European economy. The maritime transport market is subject to strong competition between economic actors in the Union and beyond for which a global level playing field is indispensable. The stability and prosperity of the maritime transport market and its economic actors rely on a clear and harmonised policy framework where maritime transport operators, ports and other actors in the sector can operate on the basis of equal opportunities. Where market distortions occur, they risk putting ship operators or ports at a disadvantage compared to competitors within the maritime transport sector or in other transport sectors. In turn, this can result in a loss of competitiveness of the maritime transport industry, and a loss of connectivity for citizens and businesses
2022/04/28
Committee: TRAN
Amendment 103 #

2021/0210(COD)

Proposal for a regulation
Recital 2 a (new)
(2a) There is a clear need for alignment between various proposals of the "fit for 55"-package to ensure overall coherence and synergies, in particular for the demand, supply and support of shore- side electricity.
2022/04/28
Committee: TRAN
Amendment 109 #

2021/0210(COD)

Proposal for a regulation
Recital 3
(3) In the context of fuel transition to renewable and low carbon fuels and substitute sources of energy, it is essential to ensure the proper functioning of and fair competition in the EU maritime transport market regarding marine fuels, which account for a substantial share of ship operators’ costs. Differences in fuel requirements across Member States of the Union can significantly affect ship operators’ economic performance and negatively impact competition in the market. Due to the international nature of shipping, ship operators may easily bunker in third countries and carry large amounts of fuel. This may lead to carbon and business leakage and detrimental effects on the competitiveness of the sector if the availability of renewable and low carbon fuels in maritime ports under the jurisdiction of a Member State is not accompanied by requirements for their use that apply to all ship operators arriving at and departing from ports under the jurisdiction of Member States. This Regulation should lay down measures to ensure that the penetration of renewable low-carbon fuels in the marine fuels market takes place under the conditions of fair competition on the EU maritime transport market.
2022/04/28
Committee: TRAN
Amendment 195 #

2021/0210(COD)

Proposal for a regulation
Recital 21
(21) The use of on-shore power supply (OPS) abates air pollution produced by ships as well as reduces the amount of GHG emissions generated by maritime transport when at berth. OPS represents an increasingly clean power supply available to ships at berth, in view of the growing renewables share in the EU electricity mix. While only the provision on OPS connection points is covered by Directive 2014/94/EU (Alternative Fuels Infrastructure Directive – AFID), the demand for and, as a result, the deployment of this technology has remained limited. Therefore specific rules should be established to mandate the use of OPS by the most polluting shipswhere effective emission reductions can be cost-efficiently achieved and to ensure the abatement of air pollution at berth and the economic viability of OPS.
2022/04/28
Committee: TRAN
Amendment 318 #

2021/0210(COD)

Proposal for a regulation
Article 3 – paragraph 1 – point r
(r) ‘on-shore power supply’ means the system to supply electricity to ships at berth, at low or high voltage, alternate or direct current, including ship side and shore side fixed, floating and mobile installations, when feeding directly the ship main distribution switchboard for powering hotel, service workloads or charging secondary batteries;
2022/04/28
Committee: TRAN
Amendment 394 #

2021/0210(COD)

Proposal for a regulation
Article 5 – paragraph 1
1. FAs soon as possible and at the latest from 1 January 2030, a ship at berth at an SSE-equipped terminal in a port of call under the jurisdiction of a Member State shall connect to on- shore power supply and use it for all energy needs whileits electrical power demand at berth.
2022/04/28
Committee: TRAN
Amendment 412 #

2021/0210(COD)

Proposal for a regulation
Article 5 – paragraph 2 a (new)
2a. Notwithstanding paragraph 1, if before 1 January 2030 and without prejudice to the exemptions of paragraph 3 (a) of this Article, a ship at berth at a terminal in a port of call under the jurisdiction of a Member State and in cases where this ship has an on-shore power installation on board and there is an operational SSE-infrastructure in place at berth, the ship shall connect to shore-side electricity and use it for all its electrical power demand at berth.
2022/04/28
Committee: TRAN
Amendment 420 #

2021/0210(COD)

Proposal for a regulation
Article 5 – paragraph 3 – point a
(a) that are at berth for less than two hours, calculated on the basis of estimated hour of departure and arrival monitored in accordance with Article 14;
2022/04/28
Committee: TRAN
Amendment 422 #

2021/0210(COD)

Proposal for a regulation
Article 5 – paragraph 3 – point b
(b) that use zero-emission technologies, as specified in Annex III; the use of these zero-emission technologies shall continuously achieve emissions that are equivalent to the emission reductions that would be achieved by using on-shore power supply.
2022/04/28
Committee: TRAN
Amendment 427 #

2021/0210(COD)

Proposal for a regulation
Article 5 – paragraph 3 – point d
(d) that are unable to connect to on- shore power supply due to unavailable connection points in a portat the terminals for the given ship segment, in a maritime port which does not belong to the TEN-T core or comprehensive network;
2022/04/28
Committee: TRAN
Amendment 435 #

2021/0210(COD)

Proposal for a regulation
Article 5 – paragraph 3 – point e
(e) that are unable to connect to on- shore power supply because the shore installation at the port is not compatible with the on-board on-shore power equipment, provided that the installation for shore-connection on-board the ship is certified in accordance with the standards specified in Annex II of AFIR for seagoing ships shore connection systems;
2022/04/28
Committee: TRAN
Amendment 443 #

2021/0210(COD)

Proposal for a regulation
Article 5 – paragraph 5 a (new)
5a. From 1 January 2030, for ships that are at berth at a terminal in a port falling under the scope of Article 9 of AFIR equipped to provide the required shore-side electricity to supply a given ship type, the exceptions provided for in paragraph 3, points (d) and (e), shall not be applied to a ship of that given type, in total, more than five times or 10% of its total number of port calls at these terminals, whichever is the highest, during one reporting period. A port call shall not be counted for the purpose of compliance with this provision where the company demonstrates that it could not have reasonably known that the ship will be unable to connect for the reason referred to in paragraph 3, points (d) and (e).
2022/04/28
Committee: TRAN
Amendment 634 #

2021/0210(COD)

Proposal for a regulation
Article 30 – paragraph 1
This Regulation shall enter into force after and based on an overall in-depth impact assessment of the Commission, analysing the combined and cumulative effects of the "fit for 55" package, and thereafter on the twentieth day following that of its publication in the Official Journal of the European Union. It shall apply from 1 January 2025.
2022/04/28
Committee: TRAN
Amendment 153 #

2021/0203(COD)

Proposal for a directive
Article 5 – paragraph 1 – introductory part
1. Member States shall ensure that the total final energy consumption of all public bodienational, regional and local governments combined is reduced by at least 1,7% each year, when compared to the year X-2 (with X as the year when this Directive enters into force).
2022/02/15
Committee: TRAN
Amendment 168 #

2021/0203(COD)

Proposal for a directive
Article 8 – paragraph 1 – introductory part
1. Member States shall achievestrive to cumulative end-use energy savings at least equivalent to:
2022/02/15
Committee: TRAN
Amendment 171 #

2021/0203(COD)

Proposal for a directive
Article 8 – paragraph 1 – point c
(c) new savings each year from 1 January 2024 to 31 December 2030 of (1,5 %) of annual final energy consumption, averaged over the three-year period prior to 1 January 2020.
2022/02/15
Committee: TRAN
Amendment 202 #

2021/0203(COD)

Proposal for a directive
Annex V – point 2 – point b
(b) the savings shall be shown to be additional to those that would have occurred in any event without the activity of the obligated, participating or entrusted parties, or implementing public authorities. To determine the savings that can be claimed as additional, Member States shall have regard to how energy use and demand would evolve in the absence of the policy measure in question by taking into account at least the following factors: energy consumption trends, changes in consumer behaviour, technological progress and changes caused by other measures implemented at Union and national level;deleted
2022/02/15
Committee: TRAN
Amendment 203 #

2021/0203(COD)

Proposal for a directive
Annex V – point 2 – point c
(c) savings resulting from the implementation of mandatory Union law shall be considered to be savings that would have occurred in any event, and thus shall not be claimed as energy savings for the purpose of Article 8(1). By way of derogation from that requirement, savings related to the renovation of existing buildings may be claimed as energy savings for the purpose of Article 8(1), provided that the materiality criterion referred to in point 3(h) of this Annex is ensured. Measures promoting energy efficiency improvements in the public sector pursuant to Article 5 and Article 6 may be eligible to be taken into account for the fulfilment of energy savings required under Article 8(1), provided that they result in verifiable, and measurable or estimable, end-use energy savings. The calculation of energy savings shall comply with the requirements of this Annex;deleted
2022/02/15
Committee: TRAN
Amendment 204 #

2021/0203(COD)

Proposal for a directive
Annex V – point 2 – point d
(d) measures taken pursuant to Regulation (EU) 2018/842 on binding annual greenhouse gas emission reductions can be considered material, but Member States have to show that they result in verifiable and measurable or estimable end-use energy savings. The calculation of energy savings shall comply with the requirements of this Annex;deleted
2022/02/15
Committee: TRAN
Amendment 205 #

2021/0203(COD)

Proposal for a directive
Annex V – point 2 – point e
(e) Member States cannot count reduced energy use in sectors, including the transport and building sector, that would have occurred in any event as a result of emission trading pursuant to the EU ETS Directive towards the fulfilment of the energy savings obligation pursuant to Article 8(1). If an entity is an obligated party under a national energy efficiency obligation scheme under Article 9 of this Directive and under the EU Emissions Trading System for buildings and road transport [COM(2021) 551 final,2021/0211 (COD)], the monitoring and verification system shall ensure that the carbon price passed through when releasing fuel for consumption [according Article 1(21) of COM(2021) 551 final,2021/0211 (COD)] is taken into account when calculating and reporting the energy savings of its energy saving measures;deleted
2022/02/15
Committee: TRAN
Amendment 1 #

2020/2263(INI)

Motion for a resolution
Citation 2
— having regard to Articles 113 and 115 of the Treaty on the Functioning of the European Union (TFEU),
2021/10/21
Committee: ECON
Amendment 5 #

2020/2263(INI)

Motion for a resolution
Recital B a (new)
B a. whereas tax collection is primarily responsibility of each Member State;
2021/10/21
Committee: ECON
Amendment 9 #

2020/2263(INI)

Motion for a resolution
Recital E a (new)
E a. whereas according to the 2020 Final Report in the context of the ‘Study and Reports on the VAT Gap in the EU- 28 Member States' prepared for the Commission, the VAT gap in Member States varied from less than 1% in Sweden and Croatia to more than 33% in Romania;
2021/10/21
Committee: ECON
Amendment 12 #

2020/2263(INI)

Motion for a resolution
Recital E b (new)
E b. whereas the Parliament fully respects the principle of national tax sovereignty;
2021/10/21
Committee: ECON
Amendment 14 #

2020/2263(INI)

Motion for a resolution
Recital E c (new)
E c. whereas taxation is primarily the competence of the Member States and is subject to the unanimity requirement within the Council as stated in article 113 of the Treaty on the Functioning of the European Union;
2021/10/21
Committee: ECON
Amendment 24 #

2020/2263(INI)

Motion for a resolution
Paragraph 1 a (new)
1 a. Welcomes that the overall trend is positive as the VAT gap declined from 20 % in 2009 to 10 % in 2019 in the EU Member States which suggests that the VAT fraud in the EU is in decline and consequently VAT revenues to GDP are on the rise;
2021/10/21
Committee: ECON
Amendment 26 #

2020/2263(INI)

Motion for a resolution
Paragraph 2
2. Notes that simplifying VAT with the introduction of a single rate and revenue neutrality could reduce the standard rate in the EU by an average of 7% percentage points, thus bringing the standard rate down from 13% to 2% percentage points; encourages Member States to explore the benefits which such a single reduced standard rate would have for fair competition on their market;
2021/10/21
Committee: ECON
Amendment 35 #

2020/2263(INI)

Motion for a resolution
Paragraph 3
3. Takes the view that applying a multitude of reduced rates aggravates the complexity and opacity of the tax system, facilitates fraud and increases compliance costs; stresses that tax competition is the main mechanism helping Member States to identify and close the loopholes and shortcomings responsible for tax evasion;
2021/10/21
Committee: ECON
Amendment 44 #

2020/2263(INI)

Motion for a resolution
Paragraph 4
4. Observes that the VAT gap fluctuates in line with the business cycle, and that low tax compliance is correlated with high standard VAT rates and multiple VAT rates as well as lower legal and judicial efficiency; encourages the Commission and Member States to share the best practices in this regard;
2021/10/21
Committee: ECON
Amendment 47 #

2020/2263(INI)

Motion for a resolution
Paragraph 5
5. Takes the view that the current diversity of reduced rates imposes particularly highadditional compliance costs on businesses; and that total enterprise tax compliance costs are estimated to be an average of 2.5% of company turnover and vary considerably from Member State to Member State22 ; _________________ 22 Less than 1% in LU; almost 4% in PL., while VAT, Corporate Income Tax, and wage related taxes and contributions are rated the most burdensome, followed by property and real estate taxes22b; _________________ 22 Less than 1% in LU; almost 4% in PL. 22b Study on tax compliance costs for SMEs – Final Report, DG GROW, European Commission, 2018, p. xv
2021/10/21
Committee: ECON
Amendment 50 #

2020/2263(INI)

Motion for a resolution
Paragraph 6
6. Observes that SMEs must pay proportionately higher total enterprise tax compliance costs, as these costs are fixed and independent of company size, and that high compliance costs constitute a barrier to entry into the EU internal market; taknotes the view,at empirical evidence on ther efore, that differentiated VAT regimes within the EU may act as a dfect of VAT systems on international trade is incentive to exports;onclusive22c; _________________ 22c DIW Econ study, page 21
2021/10/21
Committee: ECON
Amendment 56 #

2020/2263(INI)

Motion for a resolution
Paragraph 7
7. Notes digitalisation’s potential to reduce compliance costs; maintains that digital innovations23 are likely to reduce compliance costs and, help increase the transparency of commercial transactions and reduce red tape; stresses the need to ensure data security and individual and corporate privacy; _________________ 23Such as AI, big data and blockchain technology.
2021/10/21
Committee: ECON
Amendment 57 #

2020/2263(INI)

Motion for a resolution
Paragraph 7 a (new)
7 a. In order to facilitate trade and increase legal certainty in the single market, the Commission, in cooperation with Member States, should establish a Union VAT Web information portal for businesses. That portal should provide quick, up-to-date and accurate access to relevant information about the implementation of the VAT system in the different Member States and in particular on the correct VAT-rates for different goods and services in the different Member States, as well as the conditions for zero-rate; Such a portal may also help to address the current VAT gap;
2021/10/21
Committee: ECON
Amendment 64 #

2020/2263(INI)

Motion for a resolution
Paragraph 8
8. Observes that the wide variety of rates can causes price distortion in the internal market, creating incentives for cross-border purchases and giving rise to increased tax competition between Member States; recallnotes that companies need clear and unambiguous VAT rules to26 out of 27 Member States use the reduced rates as part of their tax and social policies; recalls that one common web information portal about the implementation of VAT system in different Member States would encourage cross-border business and reduce their administrative burdens of companies;
2021/10/21
Committee: ECON
Amendment 66 #

2020/2263(INI)

Motion for a resolution
Paragraph 8 a (new)
8 a. Welcomes the positive trend of reducing the compliance costs due to continuing digitization of businesses and public administration; notes that in OECD countries the time necessary for tax compliance fell between 2006 and 2020 from 230 hours to 162 hours, mainly due to the adoption of electronic filing and payment systems23a; _________________ 23a PWC, Paying Taxes 2020, page 27
2021/10/21
Committee: ECON
Amendment 67 #

2020/2263(INI)

Motion for a resolution
Paragraph 9
9. Stresses that a well-designedn effective VAT system is neutral and should not affect trade, but that in practice this principle is difficult to verify at global level given the application of VAT exemptions, the ineffectiveness of refund systems, the wide variety of rates – incurring higher compliance costs – and the fact that VAT has superseded income taxes with a view to encouraging tradewith low average tax rates is less vulnerable to tax evasion and tax optimisation;
2021/10/21
Committee: ECON
Amendment 71 #

2020/2263(INI)

Motion for a resolution
Paragraph 9 a (new)
9 a. Notes in comparison to EU27 that among 50 federal states of the USA there are over 11,000 standard sales tax jurisdictions with a distinct aggregate sales tax rate based on a unique combination of factors, including sales taxes levied by taxing authorities at the state, county, city, and district levels23b; _________________ 23bhttps://taxfoundation.org/state-sales- tax-jurisdictions-in-the-us-2020/
2021/10/21
Committee: ECON
Amendment 74 #

2020/2263(INI)

Motion for a resolution
Paragraph 10
10. Observes that the application of reduced rates does not systematically give rise to permanent price reductions for the consumer; that the effectiveness of a reduced rate depends on a number of factors, such as the extent to which businesses pass it on to consumers, its duration over time, the size of the reduction and the complexity of the rate system; that the passing-on of reductions in their entirety is therefore a random process and should not be the basis for policy-making; that it is impossible to target low-income households;deleted
2021/10/21
Committee: ECON
Amendment 88 #

2020/2263(INI)

Motion for a resolution
Paragraph 11
11. Recalls that for it to have a leverage effect, green taxation must be inclusive, strive for social equity and not undermine businesses’ international competitiveness; observes that the effectiveness of reduced rates in promoting this type of goods and services or, in a broader sense, merit goods (e.g. culture, health, biodiversity) is chiefly a function of the extent to which they are used to promote such goods;
2021/10/21
Committee: ECON
Amendment 90 #

2020/2263(INI)

Motion for a resolution
Paragraph 11 a (new)
11 a. Stresses in this regard that reduced rates shall be applied always in fiscally responsible manner, without sacrificing the sustainability of public finances;
2021/10/21
Committee: ECON
Amendment 93 #

2020/2263(INI)

Motion for a resolution
Paragraph 12
12. Stresses that reduced rates are not an effective way of achieving social or environmental objectives since they incur high costs for governments owing to the size of the rate gap, reduced tax revenues, increased administrative costs, costly checks and inspections, pressure from lobby groups, compliance costs, economic distortions or even tax evasion, and the difficulty of reaching the target groups;deleted
2021/10/21
Committee: ECON
Amendment 98 #

2020/2263(INI)

Motion for a resolution
Paragraph 13
13. Takes the view that direct tax incentives, such as direct grants or tax credits targeting specific consumers and producers, are more effective, flexible, visible and cost-effective tools for achieving these social and environmental objectives;deleted
2021/10/21
Committee: ECON
Amendment 105 #

2020/2263(INI)

Motion for a resolution
Paragraph 14
14. Stresses that a uniform VAT system, combined with a direct tax incentive tool such as the income-based tax credit scheme for low-income households, together with a raft of social reforms, would be a winning strategy; recalls that New Zealand has a flat-rate VAT system and applies tax credit for low-income households; points out that flat-rate subsidies and information campaigns are an option for the promotion of merit goodsRecalls that New Zealand has an uniform 15% flat-rate VAT system;
2021/10/21
Committee: ECON
Amendment 110 #

2020/2263(INI)

Motion for a resolution
Paragraph 15
15. Recalls that VAT revenue is one of the chief sources of public revenue, accounting for some 21% of total tax revenue in the EU on average; that the VAT gap stands at 10% on average; and that VAT also constitutes an own resource for the EU budget; stresses that any reduction in the VAT base may leads to less revenue for public finances, however, theoretical and empirical evidence shows lower tax rate may also lead to higher revenue; calls on national tax authorities to take initiatives to reduce the VAT gap in order to help lift Member States out of the current socio- economic crisis;
2021/10/21
Committee: ECON
Amendment 114 #

2020/2263(INI)

Motion for a resolution
Paragraph 15 a (new)
15 a. Welcomes in this regard that major progress has been achieved on cooperation between the tax authorities of the Member States over the last decade; supports further discussions among Member States in order to strengthen the administrative cooperation;
2021/10/21
Committee: ECON
Amendment 116 #

2020/2263(INI)

Motion for a resolution
Paragraph 16
16. EndorsNotes the findings of the DIW Econ study which stresses that on average the standard rate was applied to 71% of the total tax base in the Member States in 2019; points out that compliance costs of diversified VAT systems impose costs on businesses, particularly SMEs via increased compliance costs, create distortions in the internal market and trade, and incur costs on government through lost revenue; adds that reduced rates are an insufficient means of achieving revenue-dcan be significantly reduced by continuing digitization of businesses and public administribuation or environmental objectives;
2021/10/21
Committee: ECON
Amendment 121 #

2020/2263(INI)

Motion for a resolution
Paragraph 17
17. Notes the difficulties in reducing the VAT gap between Member States owing to the need to maintain a number of VAT exemptions for certain goods and services and the willingness of Member States to maintain reduced rates of at least 5%; aAcknowledges that Member States need to conserve the flexibility to set their own VAT rates given the importance of this tax as a budgetary instrument;
2021/10/21
Committee: ECON
Amendment 129 #

2020/2263(INI)

Motion for a resolution
Paragraph 18
18. Calls for a simplified VAT system with limits on exemptions and non- standard rates to be introduced with a view to promoting competitiveness; takes the view that limiting the exemptions should go hand-in-hand with lowering the standard and minimum 15% VAT rate;
2021/10/21
Committee: ECON
Amendment 139 #

2020/2263(INI)

Motion for a resolution
Paragraph 19
19. Stresses that the VAT gap is chiefly attributable to the ineffectiveness of enforcement and control measures, particularly those against tax evasion and avoidance and aggressive tax planning; stresses that fighting tax fraud and tax evasion should not breach the principle of tax sovereignty and tax competition;
2021/10/21
Committee: ECON
Amendment 144 #

2020/2263(INI)

Motion for a resolution
Paragraph 20
20. Recalls that the effectiveness of reduced rates as a policy tool must always be assessed in the specific context of other existing policy tools; adds that reduced rates are often complementary to existing social and environmental policy tools; and that direct tax incentives are instruments that better target low-income households and are generally less costly;
2021/10/21
Committee: ECON
Amendment 153 #

2020/2263(INI)

Motion for a resolution
Paragraph 21 a (new)
21 a. Notes that VAT directive is subject to the unanimous approval in the Council in accordance with article 113 of the Treaty on the Functioning of the European Union; insists that each country be free to charge VAT in the way which best fits its needs so long as this does not affect the functioning of the common market;
2021/10/21
Committee: ECON
Amendment 30 #

2020/2259(INI)

Motion for a resolution
Recital B
B. whereas the economic recovery and thefter the Covid-19 lockdowns and the challenges regarding climate crisishange have increased the need to mobilise more resources and re-evaluate the current taxation policies;
2021/04/16
Committee: ECON
Amendment 34 #

2020/2259(INI)

Motion for a resolution
Recital B a (new)
B a. whereas tax levels are already very high in many Member-States;
2021/04/16
Committee: ECON
Amendment 40 #

2020/2259(INI)

Motion for a resolution
Recital C
C. whereas tax morale is generally higher in countries that tax more heavilywith transparent and efficient administrations, which is evidence for the willingness of citizens to pay tax in return for effective public services9 ; _________________ 9 https://www.oecd- ilibrary.org/sites/0533eea9- en/index.html?itemId=/content/component/ 0533eea9-en
2021/04/16
Committee: ECON
Amendment 64 #

2020/2259(INI)

Motion for a resolution
Recital E
E. whereas small and medium-sized enterprises (SMEs) are particularly affected by the Covid-19 crisis as well as the complexities of the tax system and tax compliance, disproportionately so compared to multinational enterprises (MNEs);
2021/04/16
Committee: ECON
Amendment 71 #

2020/2259(INI)

Motion for a resolution
Recital E a (new)
E a. whereas new technologies, such as Artificial Intelligence or blockchain could contribute in making tax collection more efficient, tax administrations more lean and mean and thus providing citizens with a better, more modern public service;
2021/04/16
Committee: ECON
Amendment 83 #

2020/2259(INI)

Motion for a resolution
Paragraph 1
1. Considers that new technologies and COVID-19 has given the EU a unique chance for a proper and holistic analysis of tax systems, how individual taxes interact and how they can be better coordinated to produce more flexible, resilient, green, growth-enhancing and fairer tax systems; recommends that Member States take this opportunity to build a new social- fiscal contract with citizens; underlines that this will help not only with raising revenues, but also with building trust and accountability between citizens and the state; stresses the need for coordination at EU level to avoid distortions and subsequent revenue losses, whilst respecting the competence of the member- states;
2021/04/16
Committee: ECON
Amendment 96 #

2020/2259(INI)

Motion for a resolution
Paragraph 2
2. Highlights that current tax systems, and the fiscal capacities of Member States, are already facing and will increasingly face severe shocks, such as the need for large public investments and leverage private capital to sustain the economic recovery and the green and digital transition, the ageing of our societies and the consequent reduction in the working- age population, the digital transformation of our labour markets, increased tax competition and the existing tax gap10 ; _________________ 10European Commission, ‘Tax policies in the European Union’ survey, 2020, https://ec.europa.eu/taxation_customs/busi ness/company-tax/tax-good- governance/european-semester/tax- policies-european-union-survey_en
2021/04/16
Committee: ECON
Amendment 146 #

2020/2259(INI)

Motion for a resolution
Paragraph 7
7. Notes that COVID-19 has demonstrated that the current disproportionate reliance on labour income taxes and social contributions, which puts the onus on continued high levels of employment and consumption to fund government spending and policies, is, just as high tax levels or complex tax systems, neither sustainable nor economically effective;
2021/04/16
Committee: ECON
Amendment 174 #

2020/2259(INI)

Motion for a resolution
Paragraph 9 a (new)
9 a. Points out that tax revenues will rise automatically, as our economies recover; encourages Member-States therefore to adopt growth-enhancing policies, especially towards SME's, to invest in future-proof infrastructure, to create fiscal incentives that facilitate public-private partnerships and that boost innovation and entrepreneurship;
2021/04/16
Committee: ECON
Amendment 180 #

2020/2259(INI)

Motion for a resolution
Paragraph 10 a (new)
10 a. Welcomes the idea of a tax shift that lowers the fiscal burden on labour, but highlights that, especially in the aftermath of the Covid-19 crisis, entreprises are in need of capital;
2021/04/16
Committee: ECON
Amendment 207 #

2020/2259(INI)

Motion for a resolution
Paragraph 13
13. Observes that there is also room for significant revenue and efficiency gains at tax administration level; not, e.g. by using modern technology; underlines that an effective and efficient tax administration, as well as a high degree of legal and tax certainty, can encourages investment and foster competitiveness;
2021/04/16
Committee: ECON
Amendment 216 #

2020/2259(INI)

Motion for a resolution
Paragraph 14
14. Welcomes initiatives taken by the Commission within the framework of the Green Deal; notes with concern that no clear and holistic guidance exists on how taxation should contribute to achieving the goals set out in the Green Deal and considers that the taxation system should therefore be reformed, whilst respecting the competences of the Member-States regarding taxation;
2021/04/16
Committee: ECON
Amendment 245 #

2020/2259(INI)

Motion for a resolution
Paragraph 17
17. Calls on the Commission to, within its competences, propose an SME tax simplification package that aims to make tax compliance more streamlined and easier for small and medium-sized businesses;
2021/04/16
Committee: ECON
Amendment 253 #

2020/2259(INI)

Motion for a resolution
Paragraph 18
18. Recalls on the Commission and the Member States to carry out regular gender and economic impact assessments of its fiscal policies from a gender equality perspective;
2021/04/16
Committee: ECON
Amendment 1 #

2020/2124(INI)

Motion for a resolution
Citation 3
— having regard to the Commission communication of 11 December 2019 on the European Green Deal (COM(2019)0640),deleted
2021/03/10
Committee: ECON
Amendment 8 #

2020/2124(INI)

Motion for a resolution
Citation 18 a (new)
— having regard to the European Court of Auditors (ECA) Special Report entitled ‘European Fund for Strategic Investments: Action needed to make EFSI a full success’, published on 29 January 2019
2021/03/10
Committee: ECON
Amendment 18 #

2020/2124(INI)

Motion for a resolution
Recital B a (new)
B a. Whereas the European Investment Bank operates independently.
2021/03/10
Committee: ECON
Amendment 28 #

2020/2124(INI)

Motion for a resolution
Paragraph 1
1. Expresses serious concerns about the severeNotes macroeconomic imbalances deriving from the COVID-19 crisis and their related impact on economic growth, investment, resilience, employment rates and socio-economic inequalities; encourages Member States to address emerging imbalances through reforms that enhance economic and social resilience;
2021/03/10
Committee: ECON
Amendment 34 #

2020/2124(INI)

Motion for a resolution
Paragraph 2
2. Underlines the EIB’s crucial role in supporting the economic recovery in the short and medium term in conjunction with the Next Generation EU Recovery Instrument, the EU’s long-term budget, the European Fund for Strategic Investments (EFSI) and other European financial instruments; welcomnotes the EIB’s financial engagement in the EFSI as a way to help overcome the investment gap in the EU; welcomnotes, moreover, the EIB’s central role in supplying advisory support under the InvestEU Advisory Hub;
2021/03/10
Committee: ECON
Amendment 36 #

2020/2124(INI)

2 a. Underlines that it is questionable whether EFSI solved the causes of the investment gap or if it merely shifted the risks that private lenders were not willing to take to all European taxpayers;
2021/03/10
Committee: ECON
Amendment 37 #

2020/2124(INI)

Motion for a resolution
Paragraph 2 b (new)
2 b. Acknowledges the risks of dead- weight loss and moral hazard of EFSI;
2021/03/10
Committee: ECON
Amendment 38 #

2020/2124(INI)

Motion for a resolution
Paragraph 2 c (new)
2 c. Reminds that ECA found that the methodology used to estimate the investment mobilised in some cases overstated the extent to which EFSI support actually induced additional investment in the economy; reminds that some EFSI support just replaced other financing from the EU and the European Investment Bank;
2021/03/10
Committee: ECON
Amendment 39 #

2020/2124(INI)

Motion for a resolution
Paragraph 2 d (new)
2 d. Stresses ECA’s recommendation that for all the investment support instruments for the MFF 2021-2027, the Commission should define a set of indicators measuring the expected results of budgetary guarantees in a realistic manner that enables comparison with other EU financial instruments; in particular, if “investment mobilised” and the “multiplier effect” are used as indicators, the calculation methodology and reporting arrangements should appropriately reflect the extent to which EU budget guarantee support actually induces or mobilises the investment of others;
2021/03/10
Committee: ECON
Amendment 40 #

2020/2124(INI)

Motion for a resolution
Paragraph 2 e (new)
2 e. Is concerned that the lack of comparable performance and monitoring indicators for all EU financial instruments and budgetary guarantees diminishes transparency and the ability to assess results;
2021/03/10
Committee: ECON
Amendment 41 #

2020/2124(INI)

Motion for a resolution
Paragraph 2 f (new)
2 f. Reminds that the causes of the investment gap, such as record level of public debts, non-performing loans in the banking sector, and high bureaucratic, regulatory and tax burden, have not yet been properly addressed;
2021/03/10
Committee: ECON
Amendment 44 #

2020/2124(INI)

Motion for a resolution
Paragraph 3
3. Calls on proper discussion and data-driven analysis of the effectiveness of the possibility that the shareholders of the EIB to agree on a capital increase, both cash- in and callable in nature; emphasises that a capital increase should go hand in hand with greater transparency and democratic accountability;
2021/03/10
Committee: ECON
Amendment 55 #

2020/2124(INI)

Motion for a resolution
Paragraph 4
4. Asks the EIB as the EU’s public bank to make the utmost concerted efforts to deliver strong, policy-driven financing activity which gives priority to efficient public purpose projects, in particular those that would not otherwise be ‘bankable’, both within and outside the EU, with a view to addressing the unprecedented global challenges of the decades to come;
2021/03/10
Committee: ECON
Amendment 74 #

2020/2124(INI)

Motion for a resolution
Paragraph 8
8. Welcomes, in addition, the subsequent creation of the EUR 25 billion European Guarantee Fund (EGF) in response to the COVID-19 crisis, not least its positive impact in providing financial support to SMEs and the health sector; suggesttresses that the EGF should remain operational beyond 2021; deems it of the utmost importance to step up such initiatives to ensure that funds are reaching the real economyEGF was set up to be temporary in nature and will be able to guarantee loans provided until 31 December 2021;
2021/03/10
Committee: ECON
Amendment 80 #

2020/2124(INI)

Motion for a resolution
Paragraph 10
10. WelcomNotes the creation of a targeted financing initiative of up to EUR 5.2 billion in response to the COVID-19 pandemic in order to support countries outside the EU;
2021/03/10
Committee: ECON
Amendment 82 #

2020/2124(INI)

Motion for a resolution
Paragraph 11
11. Underlines that in the light of the successive waves of COVID-19 infections, the efficiency of these instruments will need to be further strengthened and extended; asks the EIB to stand ready to launch new supportive financial initiativesscrutinized and enforced;
2021/03/10
Committee: ECON
Amendment 86 #

2020/2124(INI)

Motion for a resolution
Subheading 3
Becoming the EU Climate Bankdeleted
2021/03/10
Committee: ECON
Amendment 88 #

2020/2124(INI)

Motion for a resolution
Paragraph 12
12. Welcomes the adoption by the EIB Board of Directors of the EIB Climate Bank Roadmap for 2021-2025, which provides a crucial framework to support the implementation of the European Green Deal and marks a decisive step towards making the EIB the EU Climate Bank, promoting sustainable investments and protecting the environment during the critical decade ahead;deleted
2021/03/10
Committee: ECON
Amendment 93 #

2020/2124(INI)

Motion for a resolution
Paragraph 13
13. WelcomeQuestions the proposal to increase EIB financing for climate action and environmental sustainability, including renewable energies, from around 30 % to at least 50 % by 2025, which would unlock ; underlinvestment of more than EUR 1 trillion over the next decade the importance of accountability and transparency for bodies that receive and provide EU funding;
2021/03/10
Committee: ECON
Amendment 103 #

2020/2124(INI)

Motion for a resolution
Paragraph 14
14. Notes, however, that the roadmap envisages the introduction of a transition period until the end of 2022, which would mean that the EIB will not be aligned with the objectives of the Paris Agreement until 2023 at the earliest;
2021/03/10
Committee: ECON
Amendment 125 #

2020/2124(INI)

Motion for a resolution
Paragraph 16
16. Highlights the crucial role of the EIB in meeting the goals of the Just Transition Mechanism and asks for more commitment and concrete action in this respect, namely through structural programme loans, InvestEU and as a financing partner for the public sector loan facility;
2021/03/10
Committee: ECON
Amendment 131 #

2020/2124(INI)

Motion for a resolution
Paragraph 16 a (new)
16 a. Stresses that principle of value for money should represent the cornerstone of all EU funded investments; points out that EU funding should be accompanied by measurable objectives and outputs including a quantifiable and comparable evaluation mechanism that will allow to compare and rank the efficiency of individual EU programmes;
2021/03/10
Committee: ECON
Amendment 136 #

2020/2124(INI)

Motion for a resolution
Paragraph 17
17. Considers that efficient investment in innovation, infrastructure and skills are crucial elements to recover from the economic and social crisis, ensure sustainable growth and create high-quality jobs and long-term competitiveness;
2021/03/10
Committee: ECON
Amendment 138 #

2020/2124(INI)

Motion for a resolution
Paragraph 17 a (new)
17 a. Urges not to repeat mistakes of the past in response to the economic crisis and warns that boosting investment is not an alternative to productivity-enhancing reforms; emphasises that regulatory environment with predictable rules, a level playing field and reduced compliance costs attract private investments;
2021/03/10
Committee: ECON
Amendment 155 #

2020/2124(INI)

Motion for a resolution
Paragraph 20
20. Calls on the EIB to play a role in assisting and financing the creation of innovation ecosystems and in promoting place-based industrial transformation, where universities, businesses, SMEs and start-ups can develop long-lasting partnerships for the common good; warns against the costs in a form of dead-weight loss, shifting of resources and moral hazard; calls the Commission to properly scrutinize the economic viability of the EIB programs;
2021/03/10
Committee: ECON
Amendment 161 #

2020/2124(INI)

Motion for a resolution
Paragraph 21
21. Notes that during the ongoing COVID-19 crisis, social welfare systems in the Member States have come under unprecedented strain; calls on the EIB to partner with the Commission and Member States to strengthen social welfare systems and increase investment in the social sector, including by establishing similar targets for social investment to those for digital and green investments;
2021/03/10
Committee: ECON
Amendment 166 #

2020/2124(INI)

Motion for a resolution
Paragraph 22
22. Calls on the EIB to play an active role in helping Member States to deliver on the implementation of the European Pillar of Social Rights, while standing ready to align with the forthcoming Commission action plan and the Social Summit in Porto; points to the importance of ex-ante and ex-post evaluations of the sustainability, economic, social and environmental impact of projects accompanied by measurable result indicators;
2021/03/10
Committee: ECON
Amendment 169 #

2020/2124(INI)

Motion for a resolution
Paragraph 22 a (new)
22 a. Highlights that public investments are limited as they represent scarce resources mostly funded by the taxpayers; calls on the EIB to prioritise the investments according to their efficiency in order to support economic growth;
2021/03/10
Committee: ECON
Amendment 174 #

2020/2124(INI)

Motion for a resolution
Paragraph 23
23. WelcomNotes the fact that the EIB is the largest multilateral lender in the world that strives to support EU external cooperation and development policies;
2021/03/10
Committee: ECON
Amendment 178 #

2020/2124(INI)

Motion for a resolution
Paragraph 24
24. Calls for the EIB to prioritiserealise only an efficient investment in infrastructure that helps third countries to realise the UN Sustainable Development Goals and that delivers on social and environmental justice,deliver public services and fair economic opportunities for citizens;
2021/03/10
Committee: ECON
Amendment 190 #

2020/2124(INI)

Motion for a resolution
Paragraph 25
25. RecallNotes its request for an interinstitutional agreement between the EIB and Parliament in order to improve access to EIB documents and data and enhance democratic accountability;
2021/03/10
Committee: ECON
Amendment 191 #

2020/2124(INI)

Motion for a resolution
Paragraph 26
26. Proposes the establishment of a protocol for a Memorandum of Cooperation between the EIB and Parliament, applicable with immediate effect, in order to improve interinstitutional dialogue and enhance the EIB’s transparency and accountability;deleted
2021/03/10
Committee: ECON
Amendment 222 #

2020/2124(INI)

Motion for a resolution
Paragraph 28
28. Welcomes the EIB’s Group Strategy onfor more Gender Equality and Gender Action Plan; regrets the fact that women are still not sufficiently represented in managerial and senior office positions; believes that more needs to be done in this regard during the implementation of the second phase of the Action Plan in 2021; stresses, however, that the strategy seeking greater gender equality must not be pursued at the expense of the substantive quality of management;
2021/03/10
Committee: ECON
Amendment 227 #

2020/2124(INI)

Motion for a resolution
Paragraph 29
29. Welcomes the fact that the EIB will review its environmental and social standards and calls for a wide and inclusive public consultation on these issues; invites the EIB to take account of the do-no harm principle in its operations; calls on the EIB to take this opportunity to strengthen its human rights policy;
2021/03/10
Committee: ECON
Amendment 7 #

2020/2122(INI)

Motion for a resolution
Citation 43 a (new)
— having regard to the European Court of Auditors (ECA) Special Report entitled ‘Resolution planning in the Single Resolution Mechanism’, published on 14 January 2021,
2021/05/27
Committee: ECON
Amendment 20 #

2020/2122(INI)

Motion for a resolution
Recital A a (new)
A a. whereas the Banking Union encompasses a single supervisory mechanism, a single resolution mechanism, and harmonised national deposit guarantee schemes;
2021/05/27
Committee: ECON
Amendment 42 #

2020/2122(INI)

Motion for a resolution
Recital C a (new)
C a. whereas a reinforced Banking Union requires first and foremost accelerated efforts by various Member States to reduce their high levels of non- performing loans and prevent their increase in the future;
2021/05/27
Committee: ECON
Amendment 45 #

2020/2122(INI)

Motion for a resolution
Recital C b (new)
C b. whereas as long as risks differ greatly between national banking systems, European Deposit Insurance Scheme would pose additional systemic risk for the Banking Union;
2021/05/27
Committee: ECON
Amendment 62 #

2020/2122(INI)

Motion for a resolution
Recital F
F. whereas prudential and anti-money laundering supervision is necessary and equally important;
2021/05/27
Committee: ECON
Amendment 74 #

2020/2122(INI)

Motion for a resolution
Recital I a (new)
I a. whereas the sound public finances are necessary condition for the macro- financial stability of the Banking Union;
2021/05/27
Committee: ECON
Amendment 79 #

2020/2122(INI)

Motion for a resolution
Recital J a (new)
J a. whereas the near zero interest rates greatly reduce the profitability of banks in one of their most important areas of business activity, the provision of credit for long-term investments;
2021/05/27
Committee: ECON
Amendment 80 #

2020/2122(INI)

Motion for a resolution
Recital J b (new)
J b. whereas the stability of financial institutions in the Banking Union is still a matter of grave concern; whereas the economic downturn will lead to an increase in non-performing loans;
2021/05/27
Committee: ECON
Amendment 101 #

2020/2122(INI)

Motion for a resolution
Paragraph 3
3. Considers that banks’ response to the current crisis demonstrates that the regulatory reforms in the past decade, as well as the institutional set-up, have resulted in better-capitalised and less- leveraged banks; notes, however, that the high level of non-performing loans remains a serious problem in several Member States;
2021/05/27
Committee: ECON
Amendment 120 #

2020/2122(INI)

Motion for a resolution
Paragraph 5
5. Underlines the vital contribution to addressing the crisis of public guarantee schemes, moratoria on loan repayments for borrowers in financial difficulty, the central banks’ liquidity programmes and the ECB’s targeted longer-term refinancing operations (TLTRO) and pandemic emergency purchase programme (PEPP); warns in this regard over the risk of overshooting the inflation target due to loose monetary policy which could affect the functioning of Banking Union;
2021/05/27
Committee: ECON
Amendment 126 #

2020/2122(INI)

Motion for a resolution
Paragraph 5 a (new)
5 a. Is concerned that loose monetary policy contributes to the lower long-term economic growth and creates an incentive to delay the implementation of the necessary structural reforms;
2021/05/27
Committee: ECON
Amendment 137 #

2020/2122(INI)

Motion for a resolution
Paragraph 6 a (new)
6 a. Stresses the need to further strengthen the financial sector through the completion of the Capital Markets Union which will help to channel credit into the real economy;
2021/05/27
Committee: ECON
Amendment 169 #

2020/2122(INI)

Motion for a resolution
Paragraph 10
10. Welcomes the ECB’s report on the digital euro and the outcome of its public consultation and expects further analysis of the implications for the banking sector, particularly its impact on banks’ products such as current accounts and its potential to outcompete financial services corporations as intermediaries for processing transactions;
2021/05/27
Committee: ECON
Amendment 191 #

2020/2122(INI)

Motion for a resolution
Paragraph 13
13. Regrets the failure to ensure full gender balanceliminate gender discrimination in EU financial institutions and bodies;
2021/05/27
Committee: ECON
Amendment 197 #

2020/2122(INI)

Motion for a resolution
Paragraph 13 a (new)
13 a. Condemns all forms of discrimination and stresses that competence and moral integrity should be the only and mandatory criteria for any job position in EU financial institutions and bodies;
2021/05/27
Committee: ECON
Amendment 220 #

2020/2122(INI)

Motion for a resolution
Paragraph 17
17. Stresses that ensuring proper and timely management of deteriorated exposures will be key to preventing a build-up of non-performing loans (NPLs) in the short term; advices the Member States to make further efforts to address this issue;
2021/05/27
Committee: ECON
Amendment 260 #

2020/2122(INI)

Motion for a resolution
Paragraph 22
22. Is concerned that as Member States sell increasing amounts of sovereign bonds, their share in banks’ balance sheets grows, potentially aggravating the doom loop; considers thatpoints out that government bonds are not risk-free assets and should not be treated as such; questions whether the creation of Next Generation EU will provide high-quality European assets;
2021/05/27
Committee: ECON
Amendment 272 #

2020/2122(INI)

Motion for a resolution
Paragraph 23
23. Notes that the EU-wide stress test launched on 29 January 2021 aims to test capital trajectories of banks in a situation of worsening asset quality; stresses the importance to consider the impact of potentially rising interest rates on banks’ balance sheets;
2021/05/27
Committee: ECON
Amendment 279 #

2020/2122(INI)

Motion for a resolution
Paragraph 24
24. Notes the efforts of the SSM to provide guidance and clarity to banks for self-assessing and appropriately reporting environmental and climate change-related risks; considers the SSM climate risk stress test an important step in evaluating banks’ practices and identifying concrete areas of improvement; warns, however, of danger of green asset bubbles that could be a consequence of oversubsidizing the sustainable investments;
2021/05/27
Committee: ECON
Amendment 300 #

2020/2122(INI)

Motion for a resolution
Paragraph 28
28. TrustNotes that the introduction of a backstop into the SRF earlier than originally envisaged is positive for the strengthening of the crisis management frameworkincreases risk sharing; advises that risk reduction should precede any form of legacy sharing and risk sharing;
2021/05/27
Committee: ECON
Amendment 311 #

2020/2122(INI)

Motion for a resolution
Paragraph 29 a (new)
29 a. Endorses ECA’s recommendation that in order to ensure that supervisory action is taken sufficiently early, the SRB and the Commission should approach the legislators and the ECB, in its role as supervisor, and advocate for objective and quantified thresholds for triggering early intervention measures, and reaching the decision that a bank is failing or likely to fail;
2021/05/27
Committee: ECON
Amendment 357 #

2020/2122(INI)

Motion for a resolution
Paragraph 35 a (new)
35 a. Points out that risks still differ greatly between different national banking systems;
2021/05/27
Committee: ECON
Amendment 360 #

2020/2122(INI)

Motion for a resolution
Paragraph 35 c (new)
35 c. Stresses that risk reduction would ensure the level of protection that depositors currently enjoy, without raising the systemic risk through establishing fully mutualised EDIS;
2021/05/27
Committee: ECON
Amendment 361 #

2020/2122(INI)

Motion for a resolution
Paragraph 35 d (new)
35 d. Questions whether Article 114 would be an appropriate legal basis for the establishment of EDIS;
2021/05/27
Committee: ECON
Amendment 33 #

2020/2078(INI)

Motion for a resolution
Recital C a (new)
Ca. whereas the public debt to GDP in the euro area is projected to rise from 86% in 2019 to 103% in 2020; whereas such debt levels may be unsustainable if and when interest rates return to higher levels7a ; _________________ 7a https://ec.europa.eu/commission/presscor ner/detail/en/ip_20_799
2020/07/13
Committee: ECON
Amendment 41 #

2020/2078(INI)

Motion for a resolution
Recital C b (new)
Cb. whereas growth has to an important degree relied upon unconventional and, in the long term, unsustainable monetary policy; whereas this monetary policy has failed to create a momentum for productivity-enhancing reforms;
2020/07/13
Committee: ECON
Amendment 45 #

2020/2078(INI)

Motion for a resolution
Recital C c (new)
Cc. whereas monetary policy has not been neutral and has led to large redistribution effects between deficit and surplus countries and between savers and debtors;
2020/07/13
Committee: ECON
Amendment 46 #

2020/2078(INI)

Motion for a resolution
Recital C d (new)
Cd. whereas the stability of financial institutions in the Eurozone is still a matter of grave concern; whereas the economic downturn will lead to an increase in non-performing loans;
2020/07/13
Committee: ECON
Amendment 73 #

2020/2078(INI)

Motion for a resolution
Paragraph 3
3. Points out that the Commission’s estimate of the investment needs of the EU for delivering the green transition and digital transformation amounts to at least EUR 595 billion per year8 ; recognises that public investments are limited as they represent scarce resources mostly funded by the taxpayers; underlines the need to prioritise the public investments which enhance economic growth; _________________ 8 Commission Staff Working Document - Identifying Europe's recovery needs, p. 16: https://ec.europa.eu/info/sites/info/files/eco nomy- finance/assessment_of_economic_and_inv estment_needs.pdf
2020/07/13
Committee: ECON
Amendment 79 #

2020/2078(INI)

Motion for a resolution
Paragraph 3 a (new)
3a. Is concerned with the insufficient progress in trade talks between the EU and UK; urges the Commission to prepare also for the no deal scenario, which would create serious barriers to trade between EU and UK since the beginning of 2021;
2020/07/13
Committee: ECON
Amendment 83 #

2020/2078(INI)

Motion for a resolution
Paragraph 4
4. Recognises that the EU faces the unprecedented challenge of mitigating the social and economic consequences of the historic recession and setting the course for a rapid economic recovery linked to a sustainable and just transition and digital transformation; is convinced that, for this, a significant increase in public and private investment compared to the 2010s is indispensable and that the increasedappropriate and efficient level of investment must be stabilised for many years to come; calls on Member States to create a regulatory framework that supports private investment;
2020/07/13
Committee: ECON
Amendment 92 #

2020/2078(INI)

Motion for a resolution
Paragraph 4 a (new)
4a. Underlines that the backbone of the economic recovery lies in the growth- enhancing structural reforms; notes that in order to protect European taxpayer, any assistance from Recovery Plan to each Member State should be conditional on the implementation of the structural reforms recommended in the Country Specific Recommendations;
2020/07/13
Committee: ECON
Amendment 95 #

2020/2078(INI)

Motion for a resolution
Paragraph 4 b (new)
4b. Recalls that high levels of taxation in Europe are a hindrance to investments, jobs, productivity and competitiveness;
2020/07/13
Committee: ECON
Amendment 97 #

2020/2078(INI)

Motion for a resolution
Paragraph 4 c (new)
4c. Stresses that the sound public finances are necessary condition for the macro-financial stability of the Eurozone;
2020/07/13
Committee: ECON
Amendment 98 #

2020/2078(INI)

Motion for a resolution
Paragraph 4 d (new)
4d. Recalls the positive practice of transparency in several Member States in the form of mandatory disclosure of contracts concluded by the public sector which supports the efficiency of public finances and promotes economic growth;
2020/07/13
Committee: ECON
Amendment 102 #

2020/2078(INI)

Motion for a resolution
Paragraph 5
5. Welcomes the swift and strong response to the crisis in the area of monetary and fiscal policy, at both EU and Member State level, as well as the European Recovery Plan; considers it essential that the recovery package is fully aligned with the EU’s new growth strategy, i.e. in accordance with the principles of the European Green Deal (EGD), the European Pillar of Social Rights (EPSR) and the United Nations Sustainable Development Goals (SDGs), and with the aim to protect women’s rights and achieve gender equality; demands that funds and resources be directed to projects and beneficiaries that comply with our Treaty- based fundamental values and that recipient firms protect their workers, pay their fair share of taxes, and refrain from paying out dividends or offering share buy- back schemes aimed at remunerating shareholders;
2020/07/13
Committee: ECON
Amendment 124 #

2020/2078(INI)

Motion for a resolution
Paragraph 6
6. Welcomes the activation of the general escape clause of the Stability and Growth Pact, and expects that it will remain activated at least until the end of 2021 in order to support the efforts of the Member States to recover from the pandemic crisis and strengthen their economic and social resilience;
2020/07/13
Committee: ECON
Amendment 131 #

2020/2078(INI)

Motion for a resolution
Paragraph 6 a (new)
6a. Urges Commission to present a roadmap to ensure a swift retraction of the general escape clause of the Stability and Growth Pact;
2020/07/13
Committee: ECON
Amendment 151 #

2020/2078(INI)

Motion for a resolution
Paragraph 8
8. Welcomes the conclusion of the European Fiscal Board (EFB)9 that the fiscal framework has to be revised, and is convinced that the deep economic crisis triggered by the pandemic further exacerbates this need; believes that the review and reform have to meet the above requirements in terms of increasing investment relating to climate change and digitalisation and stabilising the newensure vigorous enforcement of sound budgetary management and secure clear path to sustainable levels of investment, while ensuring sound budgetary managementpublic debt in Member States; _________________ 9EFB Annual report 2019, p. 71 - https:/ec.europa.eu/info/sites/infos/files/20 19-efb-annual-report_en.pdf
2020/07/13
Committee: ECON
Amendment 154 #

2020/2078(INI)

Motion for a resolution
Paragraph 8 a (new)
8 a. Regrets the poor enforcement of the EU fiscal rules before the COVID-19 pandemic;
2020/07/13
Committee: ECON
Amendment 162 #

2020/2078(INI)

Motion for a resolution
Paragraph 9 a (new)
9 a. Recalls that many growth-friendly structural reforms do not require fiscal space but rather legislative and administrative efforts aimed at strengthening market forces and private sector initiatives;
2020/07/13
Committee: ECON
Amendment 170 #

2020/2078(INI)

Motion for a resolution
Paragraph 10
10. Considers it essential that the revision of the EU’s fiscal and economic policy framework should be completed by the time the escape clause is repealed and should enable fiscal policy to respond with discretion to shocks in the short term, and to reduce high public debt ratios to an agreed reference value60% GDP in the long term, while allowing a suefficient level of public investment, progressive tax policies and the repayment of loans in a cycle- comfortable manner, and the long-term modernisation of in line with EU fiscal rules, and efficient investment in public commodities;
2020/07/13
Committee: ECON
Amendment 180 #

2020/2078(INI)

Motion for a resolution
Paragraph 10 a (new)
10a. Warns that boosting investment should not be seen as an alternative to productivity-enhancing reforms;
2020/07/13
Committee: ECON
Amendment 182 #

2020/2078(INI)

Motion for a resolution
Paragraph 10 b (new)
10b. Stresses that principle of value for money should represent the cornerstone of all EU funded investments; points out that EU funding should be accompanied by measurable objectives and outputs including a quantifiable and comparable evaluation mechanism that will allow to compare and rank the efficiency of individual EU programmes; underlines the importance of accountability and transparency for bodies that receive EU funding;
2020/07/13
Committee: ECON
Amendment 189 #

2020/2078(INI)

Motion for a resolution
Paragraph 11
11. Proposes a combination of expenditure rules for public non- investment expenditure and a golden rule for public investment which is central to both; wishes to see a rapid recovery from the COVID-19 crisis and a transition to a cleaner, socially sustainable and more digital society;
2020/07/13
Committee: ECON
Amendment 200 #

2020/2078(INI)

Motion for a resolution
Paragraph 11 a (new)
11a. Recalls that the European Semester cycle is a framework for EU Member States to coordinate their budgetary and economic policies;
2020/07/13
Committee: ECON
Amendment 202 #

2020/2078(INI)

Motion for a resolution
Paragraph 11 b (new)
11b. Recommends the necessary respect for the principles of subsidiarity and proportionality; stresses that Member States must continue to have sufficient flexibility in implementing an appropriate social policy;
2020/07/13
Committee: ECON
Amendment 211 #

2020/2078(INI)

Motion for a resolution
Paragraph 12
12. Welcomes the refocus of the European Semester Spring Package aimed at providing an immediate economic policy response to tackle and mitigate the health and socio-economic impact of COVID-19 and reboot economic activity; supports the Commission’s announcement of a reform of the European Semester to convert it into a tool to coordinate the recovery measures, framed by the principles of the EGD, the EPSR and the SDGs; is convinced that this has to include the coordination of measures concerning state aid and tax policies; underlines the need for the integration of a new set of binding sustainability and wellbeing indicators and alternative measurements of growth performanceto define relevant performance indicators measuring progress of implementation of structural reforms;
2020/07/13
Committee: ECON
Amendment 228 #

2020/2078(INI)

13. Recognises the role that the Commission has allotted to the European Semester in the Recovery Plan; notes, however, that the effectiveness and success of the alignment of Member States’ investment and reform programmes to the Semester process will depend on the progress of the Semester reform and the above-mentioned reform of the Stability and Growth Pact;
2020/07/13
Committee: ECON
Amendment 236 #

2020/2078(INI)

Motion for a resolution
Paragraph 14
14. Reiterates its call for the strengthening of Parliament’s democratic role in the economic governance framework in any upcoming Treaty change and, in the meantime, for an Interinstitutional Agreement on Sustainable European Governance granting Parliament a right of consent on the policy recommendations presented in the Annual Sustainable Growth Survey, the euro area fiscal package and the Country Specific Recommendations;deleted
2020/07/13
Committee: ECON
Amendment 258 #

2020/2078(INI)

Motion for a resolution
Paragraph 16
16. Invites the Commission to explore new policies suggested by international institutions that support and contribute to financing a just transition and sustainable growth, as well as aiming to restore Member States’ public finances; calls for the new basket of resources to include income stemming from EU policies favouring both the implementation of environmental protection and the preservation of a fair single market;
2020/07/13
Committee: ECON
Amendment 271 #

2020/2078(INI)

Motion for a resolution
Paragraph 17
17. Recalls the urgent need to complete and reinforce the EMU architecture with a view to protecting citizens and reducing pressure on public finances during external shocks so as to overcome social and economic imbalances, by creating a fiscal capacity for public investment, a macroeconomic stabilisation and cohesion function for the euro area, and a European unemployment benefit reinsurance scheme;
2020/07/13
Committee: ECON
Amendment 281 #

2020/2078(INI)

Motion for a resolution
Paragraph 17 a (new)
17a. Stresses the need to further strengthen the financial sector through the completion of the Capital Markets Union;
2020/07/13
Committee: ECON
Amendment 283 #

2020/2078(INI)

Motion for a resolution
Paragraph 17 b (new)
17b. Reminds that debt service costs remain low also because of ECB low interest rates policy; recommends to consider the impact of potentially rising interest rates and risks arising from further expansion of the ECB's balance sheet;
2020/07/13
Committee: ECON
Amendment 284 #

2020/2078(INI)

Motion for a resolution
Paragraph 17 c (new)
17c. Recalls the need to reduce the levels of public debt to help the European economies to be more resilient to shocks, especially in highly indebted countries; warns about higher financing costs in the future once monetary policy accommodation is reduced, especially in the euro area;
2020/07/13
Committee: ECON
Amendment 92 #

2020/2075(INI)

Motion for a resolution
Paragraph 5
5. Calls for a continuedUnderlines that fiscal stances must balance the long-term sustainability of public finances with short-term macroeconomic stabilisation; calls for an appropriate expansionary fiscal stance for as long as needed and for it to be shifted to support the recovery from the COVID-19 pandemic and a green, digital and inclusive transformation while ensuring fiscal sustainability;
2021/04/23
Committee: ECON
Amendment 156 #

2020/2075(INI)

Motion for a resolution
Paragraph 10
10. Calls for an appropriate fiscal and monetary policy mix that work together towards achieving the EU’s objectivesfiscal and monetary policy to compensate for each other: an expansive monetary policy should go hand in hand with a restrictive fiscal policy and the other way around, only in crisis situations they should strengthen each other;
2021/04/23
Committee: ECON
Amendment 161 #

2020/2075(INI)

Motion for a resolution
Paragraph 10 a (new)
10a. Recalls that both monetary and fiscal expansions work to a considerable extent by bringing spending forward in time; believes that the structural contribution that monetary policy makes to sustainable growth is limited;
2021/04/23
Committee: ECON
Amendment 162 #

2020/2075(INI)

Motion for a resolution
Paragraph 10 b (new)
10b. Notes that growth has in recent years to an important degree relied upon unconventional and, in the long term, unsustainable monetary policy; notes more than a decade after the outbreak of the global financial crisis that this monetary policy has failed to create a genuine momentum for productivity- enhancing reforms;
2021/04/23
Committee: ECON
Amendment 170 #

2020/2075(INI)

Motion for a resolution
Paragraph 11
11. Highlights that debt levels have increased to a level that may be hard to sustain when interest rates return to normal levels and that some Member States already have a sizeable debt legacy; notes that circumstances have changed since the Maastricht criteria were defined and that inflation and interest rate levels are currently considerably lower;
2021/04/23
Committee: ECON
Amendment 183 #

2020/2075(INI)

Motion for a resolution
Paragraph 12
12. Stresses that debt service costs are expected to remain low for the foreseeable future and primary deficits are likely to be offset by favourable interest-growth differentials; further considers that as long as the differenti but warns about higher financing costs in the future once monetary policy accommodation is reduced; recalls arthe negative it is possible to sustain and progressively reduce high debt leveled to reduce high deficit and debt levels and rebuild fiscal buffers to make European economies more resilient to shocks;
2021/04/23
Committee: ECON
Amendment 193 #

2020/2075(INI)

Motion for a resolution
Paragraph 13
13. RIn view of the EU's low productivity and global competitiveness, recalls the importance of gprowthductivity- enhancing policies and publicstructural reforms, responsible fiscal policies and well-targeted investment aimed at increasing growth potential and achieving other EU’s policy objectives;
2021/04/23
Committee: ECON
Amendment 205 #

2020/2075(INI)

Motion for a resolution
Paragraph 13 a (new)
13a. Warns that boosting investment should not be seen as an alternative to productivity-enhancing reforms;
2021/04/23
Committee: ECON
Amendment 230 #

2020/2075(INI)

Motion for a resolution
Paragraph 15 a (new)
15a. Considers that prudent fiscal policies play a fundamental role for the stability of the euro area and the Union as a whole; underlines that coordination of fiscal policies and compliance with the Union rules in this area are a legal requirement and key to the proper functioning of Economic and Monetary Union (EMU);
2021/04/23
Committee: ECON
Amendment 247 #

2020/2075(INI)

Motion for a resolution
Paragraph 16
16. Calls for the renewed fiscal framework to promote sustainability and cyclical stabilisationinstil discipline and to improve the quality of public expenditure through sustainable investments and structural reforms; calls for well-defined, transparent, simple, flexipredictable and enforceable rules embedded in a credible and democratic framework that take into account the specificities of Member States and promote upward economic and social convergence;
2021/04/23
Committee: ECON
Amendment 306 #

2020/2075(INI)

Motion for a resolution
Paragraph 22 a (new)
22a. Recalls that public investment may crowd out private investment; recalls that private investment depends on private sector competitiveness, which in turn depends on a regulatory environment allowing for predictable rules, a level playing field, and reduced compliance costs;
2021/04/23
Committee: ECON
Amendment 326 #

2020/2075(INI)

Motion for a resolution
Paragraph 24
24. Agrees with the opinion of the EFB and others21 that a deepening of the Economic and Monetary Union (EMU) would be helped by a central fiscal capacity, which could help cushion idiosyncratic shocks, whether common or country-specificrequires first and foremost sound fiscal policies and the implementation of structural reforms at national level aimed at better functioning product and factor markets, however which does not require a central fiscal capacity, sin a timely manner; _________________ 21 International Monetary Fund and the European Central Bank.ce Member States with access to financial markets can play such a counter-cyclical shock- absorbing role themselves;
2021/04/23
Committee: ECON
Amendment 333 #

2020/2075(INI)

Motion for a resolution
Paragraph 24 a (new)
24a. Considers that due consideration should be given to the mutual spill-over effects of the EMU and non-euro area Member States;
2021/04/23
Committee: ECON
Amendment 340 #

2020/2075(INI)

Motion for a resolution
Paragraph 25
25. Welcomes the creation of the NGEU, which is financed through debt issuance guaranteed by the EU budget; underlines that EU-issuance debt22 will provide a new supply of European high- quality assets, whichthe NGEU is a step towards a permanent EU safe asset; _________________ 22mporary instrument; NGEU & SURE bonds.
2021/04/23
Committee: ECON
Amendment 346 #

2020/2075(INI)

Motion for a resolution
Paragraph 25 a (new)
25a. Highlights that there is no wide public support for establishing a formal system of fiscal transfers within the EMU;
2021/04/23
Committee: ECON
Amendment 353 #

2020/2075(INI)

Motion for a resolution
Paragraph 26
26. Stresses the importance of the MIP in identifying and taking preventive and corrective actions against emerging imbalances; points out, however, that the potential of this mechanism has not been fully exploited on account of its structural weaknesses and its insufficiently specified theoretical foundations, which may be prone to confusing cause and effect;
2021/04/23
Committee: ECON
Amendment 361 #

2020/2075(INI)

Motion for a resolution
Paragraph 26 a (new)
26a. Reminds that the EMU exposed its vulnerability in the context of the global financial and economic crisis with the aggravation of unsustainable imbalances, triggered by capital flows from core euro area nations to the periphery and a rising public spending ratio in some Member States;
2021/04/23
Committee: ECON
Amendment 362 #

2020/2075(INI)

Motion for a resolution
Paragraph 26 b (new)
26b. Encourages all Member States to take the necessary policy action to address imbalances, in particular high levels of indebtedness, and commit to structural reforms ensuring the economic sustainability of each individual Member State, thereby ensuring the overall competitiveness and resilience of the European economy;
2021/04/23
Committee: ECON
Amendment 380 #

2020/2075(INI)

Motion for a resolution
Paragraph 29
29. Underlines the importance of the EU institutional framework and of the community method to set and enforce the rules and to safeguard and enhance strong political ownership and legitimacyMember States taking responsibility for future generations and ensuring the sustainability of their public finances, and the EU institutional framework to set and enforce rules to instil fiscal discipline;
2021/04/23
Committee: ECON
Amendment 391 #

2020/2075(INI)

Motion for a resolution
Paragraph 29 a (new)
29a. Stresses that the subsidiarity and proportionality principles should prevail in the development of economic governance for the euro area;
2021/04/23
Committee: ECON
Amendment 396 #

2020/2075(INI)

Motion for a resolution
Paragraph 30
30. Calls for a renewedonsiders the European Semester as the main economic and social policy coordination framework supporting the EU’s long-standing goals of sustainabipolitcy and upward convergenceobjectives with stronger national ownership; calls for more rigorous democratic scrutiny and for Pcloser involvement of national parliaments full involvement in defining the overarching goals and the guidancein the European Semester process;
2021/04/23
Committee: ECON
Amendment 430 #

2020/2075(INI)

Motion for a resolution
Paragraph 34
34. Recalls its position23 that an ‘additional budgetary capacity forBelieves that a stronger EMU requires first and foremost decisive actions at the national level; believes that far-reaching transfers of competence to the eEuro area’ should be included in the fiscal capacity; _________________ 23European Parliament resolution of 16 February 2017 on budgetary capacity for the euro area, OJ C 252, 18.7.2018, p. 235.pean level are unnecessary; underlines that a euro area fiscal capacity as a shock-absorber is not required since governments with access to financial markets can play this role themselves;
2021/04/23
Committee: ECON
Amendment 437 #

2020/2075(INI)

Motion for a resolution
Paragraph 34 a (new)
34a. Considers that any shock absorption capacity mechanism at euro area level, by its mere institutional set-up, risks to lack accountability and democratic legitimacy if it becomes just a new layer of governance which risks to cause moral hazard;
2021/04/23
Committee: ECON
Amendment 438 #

2020/2075(INI)

Motion for a resolution
Paragraph 34 b (new)
34b. Underlines that Member States need to build their own fiscal capacities on national level in order to increase stability and to counter economic shocks;
2021/04/23
Committee: ECON
Amendment 439 #

2020/2075(INI)

Motion for a resolution
Paragraph 35
35. Reiterates the urgency of increasing and diversifying the EU budget’s revenue sources and of linking own resources with policy objectives;deleted
2021/04/23
Committee: ECON
Amendment 452 #

2020/2075(INI)

Motion for a resolution
Paragraph 36
36. Calls for the Eurogroup’s decision- making process to be reassessed to include appropriate democratic accountability; calls for the Chair of the Eurogroup to be one of the Commission Vice-Presidents;
2021/04/23
Committee: ECON
Amendment 461 #

2020/2075(INI)

Motion for a resolution
Paragraph 37
37. Recalls its call for the ESM to be integrated into EU law under the Community methodthat the ESM is not formally under parliamentary control;
2021/04/23
Committee: ECON
Amendment 17 #

2020/2058(INI)

Motion for a resolution
Recital -A (new)
-A. whereas climate change is a global challenge which requires international cooperation and similar efforts from various parties; whereas in order for the Union to successfully play its role as a global leader in the transition towards climate neutrality, a realistic approach which actually fosters sustainable, competitive growth and prosperity is crucial,
2020/07/03
Committee: BUDGECON
Amendment 54 #

2020/2058(INI)

Motion for a resolution
Paragraph 1
1. Welcomes the Sustainable Europe Investment Plan (SEIP) as central in ensuring the success of the Green Deal and the transition towards a more sustainable and, resilient and competitive economy;
2020/07/03
Committee: BUDGECON
Amendment 75 #

2020/2058(INI)

Motion for a resolution
Paragraph 2
2. Welcomes the Commission’s European Recovery Plan with the European Green Deal at its heart; endorses the underlying principle that public investments will respect the oath to ‘do no harm’; emphasises that national recovery and resilience plans should put the EU on the path to a 50 % to 55 % reduction in greenhouse gas emissions by 2030 compared to 1990 and, calls for investments to be prioritised into a sustainable transition, the digital agenda and achieving European sovereignty in strategic sectors with a consistent industrial strategy; expects therefore the European Recovery Plan to contribute to the objective of climate neutrality at EU level by 2050;
2020/07/03
Committee: BUDGECON
Amendment 89 #

2020/2058(INI)

Motion for a resolution
Paragraph 3
3. Stresses that the success of the EU’s aim to achieve climate neutrality will depend on the adequacy of the financing; considers the digital transformation, technological innovation, and research and development are the main drivers for achieving the climate-neutrality objective; stresses that it remains crucial not to exclude a priori certain technologies;
2020/07/03
Committee: BUDGECON
Amendment 154 #

2020/2058(INI)

Motion for a resolution
Paragraph 6
6. Believes that public and private finance should adhere to the EU taxonomy and to the Do Not Significantly Harm (DNSH) principle, in order to ensure that EU policies and financing, including the EU budget, the programmes financed through Next Generation EU, the European Semester and EIB financing do not contribute to objectives, projects and activities that significantly harm social or environmental objectives; believes nuclear energy plays a role in meeting the objective of climate neutrality at EU level by 2050 as the second largest source of low-carbon electricity production globally (after hydropower); considers that without investments in nuclear energy technology the low carbon transition will be significantly harder and more costly;
2020/07/03
Committee: BUDGECON
Amendment 295 #

2020/2058(INI)

Motion for a resolution
Paragraph 14
14. Reaffirms its previous position regarding candidates for new own resources, and calls on the Commission to propose new own resources which correspond to essential EU objectives including the fight against climate change and the protection of the environment; asks, therefore, for the introduction of new own resources based on the auction revenues of the Emissions Trading System, a contribution on non-recycled plastic packaging waste, the future Carbon Border Adjustment Mechanism, a Common Consolidated Corporate Tax Base or a precursor based on operations of large enterprises, a tax on digital companies, and a financial transaction taxthe list of potential candidates for new own resources as set out in the MFF interim report; recalls the GNI- based contribution is a stable, reliable and fair own resource and by definition sufficient to fund the budget;
2020/07/03
Committee: BUDGECON
Amendment 332 #

2020/2058(INI)

Motion for a resolution
Paragraph 15
15. Welcomes EIB's role in the European Green Deal Investment plan and the Just Transition Mechanism provided the EIB maintains its AAA rating; welcomes the efforts of the European Investment Bank (EIB) to revise its energy lending policy and to devote 50 % of its operations to climate action and environmental sustainability; calls on the EIB to commit to the sustainable transition towards climate neutrality while taking into account the different energy mixes of Member States and devoting particular attention to the sectors and regions most affected by the transition; underlines that the EIB's remains a demand driven investment bank;
2020/07/03
Committee: BUDGECON
Amendment 357 #

2020/2058(INI)

Motion for a resolution
Paragraph 16
16. Recognises the important role of the national promotional banks and institutions and of international financial institutions (IFIs) in the financing of sustainable projects, thereby contributing to the achievement of the goals of the Paris Agreement; stresses that given their experience and capabilities at national and regional level, national promotional banks and institutions can be instrumental in the maximisation of the impact of public funds and may be selected as implementing partners under InvestEU to help achieve the Union's climate objectives;
2020/07/03
Committee: BUDGECON
Amendment 493 #

2020/2058(INI)

Motion for a resolution
Paragraph 23
23. Recalls that the European Semester is a framework for EU Member States to coordinate their budgetary and economic policies; believes that it could facilitate the implementation of the European Green Deal, the European Pillar of Social Rights and the UN Sustainable Development Goals (SDGs); believes that the SDGs should be at the heart of EU’s policy making processmore flexibility under the Stability and Growth Pact (SGP) is required to increase the overall level of investments in the long term;
2020/07/03
Committee: BUDGECON
Amendment 503 #

2020/2058(INI)

Motion for a resolution
Paragraph 24
24. Notes that recovery and resilience plans will be based on shared EU priorities; highlights in this context the European Green Deal and the European Pillar of Social Rightsinvestments to be prioritised into a sustainable transition, the digital agenda and achieving European sovereignty in strategic sectors, with a consistent industrial strategy; seeks the inclusion of priorities in areas such as employment, skills, education, research and innovation and health, but also in areas related to the business environment, including public administration and the financial sector;
2020/07/03
Committee: BUDGECON
Amendment 6 #

2020/2051(INL)

Motion for a resolution
Recital C
C. whereas on 2 May 2018, the Commission presented a set of legislative proposals on the 2021-2027 MFF and Union Own Resources, followed by legislative proposals for the setting-up of new Union programmes and instruments; whereas this proposal entailed an overall MFF ceiling of EUR 1 134.6 billion in 2018 prices, or 1,11 % of the pre-crisis EU-27’s GNI1a (including 0,03 % from the European Development Fund), which was already lower than the estimated 1,16 % of the 2014-2020 MFF in relation to the EU- 27’s GNI (EUR 1 082.3 billion in 2018 prices), with the stated objective to provide a basis for a swift negotiation to be concluded before the Parliament elections of 2019; _________________ 1aGross National Income as forecast at the time of presentation of the MFF proposal on 2 May 2018, not taking into account subsequent and upcoming evolutions notably as a result of the Corona emergency.
2020/04/15
Committee: BUDG
Amendment 9 #

2020/2051(INL)

Motion for a resolution
Recital D
D. whereas Parliament adopted on 14 November 2018 its interim report with detailed figures, amounting to an overall MFF ceiling of EUR 1 324.1 billion in 2018 prices (1,30 % of the EU-27’s GNI), and amendments constituting its negotiating mandate and has stood ready, since then, to enter into negotiations with the Council;
2020/04/15
Committee: BUDG
Amendment 21 #

2020/2051(INL)

Motion for a resolution
Recital K
K. whereas the Covid-19 outbreak has overshadowed the MFF-related debate and will, despite highlighting the importance and the potential of a strong EU budget, has further delayed the European Council in reaching its conclusions’s debate and agreement on the next MFF and is affecting the conditions in which interinstitutional negotiations could be carried out;
2020/04/15
Committee: BUDG
Amendment 26 #

2020/2051(INL)

Motion for a resolution
Recital M
M. whereas the basic acts of a considerable number of the current expenditure programmes however contain expiry dates that, together with lack of operational preparedness, might undermine the safety net provided by the TFEU; whereas those expiry dates would have to be extended or lifted in order to be brought into consistency with the principles underpinning Article 312(4) TFEU and to avoid a shutdown of the concerned programmes, which would be to the detriment of its beneficiaries and of the Union as a whole, especially in times of crisis;
2020/04/15
Committee: BUDG
Amendment 29 #

2020/2051(INL)

Motion for a resolution
Recital O a (new)
O a. whereas the Covid-19 makes it even more compelling to eliminate any risk of discontinuity or disorderly extension of the current MFF and programmes; whereas it becomes increasingly important to guarantee that the Union will be enabled to carry out its operations and to provide an ambitious crisis response and recovery strategy despite the uncertain date of the entry into force of a new MFF; whereas the Commission should deliver to stakeholders an unequivocal message in that respect;
2020/04/15
Committee: BUDG
Amendment 31 #

2020/2051(INL)

Motion for a resolution
Recital O b (new)
O b. whereas the Union budget in 2021 shall continue addressing the immediate social and economic consequences of the Covid-19 emergency; whereas the MFF contingency plan could provide a better basis than a late and inadequate MFF for delivering the Union's crisis response, recovery strategy and political priorities, building on the existing programmes with the appropriate adjustments as well as the positive measures already taken under the 2020 budget;
2020/04/15
Committee: BUDG
Amendment 38 #

2020/2051(INL)

Motion for a resolution
Paragraph 1 a (new)
1 a. Requests the MFF contingency plan to: – lift or extend the time limits laid down in the basic acts of all relevant MFF expenditure programmes; – where legally necessary notably under shared management programmes, update the relevant financial amounts on the basis of a technical prolongation of the 2020 levels; – revise the rules and objectives governing the relevant expenditure programmes so that they can be temporarily refocused on addressing the immediate economic and social consequences of the Covid-19 outbreak and on helping in the economic recovery; – allow for targeted reinforcements to this end; – allow for the setting-up of the most urgent new instruments and initiatives;
2020/04/15
Committee: BUDG
Amendment 42 #

2020/2051(INL)

Motion for a resolution
Annex I – part A – point 1
1. The MFF contingency plan aims at providing a safety net to protect the beneficiaries of the Union programmes in the event that the 2021-2027 MFF could not be agreed in time to enter into force on 1 January 2021. The MFF contingency plan should ensure a satisfactory degree of predictability and continuity in Union budget implementation; . Furthermore, it should enable the Union to provide a response to the immediate social and economic consequences of the Covid-19 outbreak and to work on the recovery;
2020/04/15
Committee: BUDG
Amendment 46 #

2020/2051(INL)

Motion for a resolution
Annex I – part A – point 2
2. The MFF contingency plan shall include one or several legislative proposal(s) to lift or extend the time limits laid down in the basic acts of all concerned expenditure programmes and, where legally necessary notably under shared management programmes, update the relevant financial amounts on the basis of a technical prolongation of the 2020 levels. The legislative proposal(s) should also include a temporary refocusing of the objectives of all the relevant expenditure programmes, so that they can best address the immediate consequences of the Covid- 19 outbreak. For the same purpose, wherever relevant, the proposal(s) should include a re-adjustment of the rules to allow for maximum flexibility in the implementation notably of shared management programmes, including the prolongation of all legislative measures adopted in 2020, in response to the crisis;
2020/04/15
Committee: BUDG
Amendment 49 #

2020/2051(INL)

Motion for a resolution
Annex I – part A – point 2 a (new)
2 a. The MFF contingency plan should allow for targeted reinforcements of the relevant expenditure programmes in the 2021 budget and for the setting-up of the most urgent new instruments, measures and programmes, especially relating to a recovery plan after the Covid-19 outbreak;
2020/04/15
Committee: BUDG
Amendment 58 #

2020/2051(INL)

Motion for a resolution
Annex I – part A – point 4
4. The measures necessary for the implementation of the contingency plan shall be financed through the annual budget, within the limits of the MFF ceilings for 2020 and of the flexibility provisions of the 2014-2020 MFF, as extended in accordance with Article 312(4) TFEU, i.e. on the basis of a technical prolongation of the amounts already agreed by the budgetary authority in 2020, increased by the 2% deflator, and of any of the additional abovementioned initiatives. This technical prolongation should also determine the national envelopes under the shared management programmes.
2020/04/15
Committee: BUDG
Amendment 61 #

2020/2051(INL)

Motion for a resolution
Annex I – part B – point 1
1. One or several legislative proposal(s) to: – lift or extend the time limits laid down in the basic acts of all relevant MFF expenditure programmes and, where legally necessary notably under shared management programmes, update the relevant financial amounts on the basis of a technical prolongation of the 2020 levels, – revise the rules and objectives governing the relevant expenditure programmes so that they can be temporarily refocused on addressing the immediate economic and social consequences of the Covid-19 outbreak and on helping in the economic recovery.
2020/04/15
Committee: BUDG
Amendment 6 #

2020/2036(INI)

Motion for a resolution
Citation 7 a (new)
- having regard to the MiFID II/MiFIR Review Report No.1 of the European Securities and Market Authority (ESMA) on the development in prices for pre- and post-trade data and on the consolidated tape for equity instruments,
2020/07/17
Committee: ECON
Amendment 12 #

2020/2036(INI)

Motion for a resolution
Recital A
A. whereas bank loan financing is in itself not sufficient to provide the amount of credit needed for the EU economy to recover from the crisis, but should instead be complemented with stronger market- based financing; whereas all actions taken to create a Capital Markets Union (CMU) should therefore have improving the range of financing options offered to companies and citizens, as well as a greater range of more attractive investment offers, as their objective;
2020/07/17
Committee: ECON
Amendment 16 #

2020/2036(INI)

Motion for a resolution
Recital A a (new)
Aa. whereas the EU's internal market is characterised by open competition, a regulatory framework, reliance on international standards and supervisory cooperation; whereas the CMU strategy should therefore be based on the same principles;
2020/07/17
Committee: ECON
Amendment 19 #

2020/2036(INI)

Ab. whereas EU capital markets could serve the economy and the much needed economic recovery best when they are transparent, competitive, resilient, centrally cleared and supported by fair regulation,
2020/07/17
Committee: ECON
Amendment 27 #

2020/2036(INI)

Motion for a resolution
Recital B
B. whereas themost actions taken so far to achieve the CMU are moving in the right direction; whereas much work nevertheless remains to be done in terms of the precision, effectiveness and simplification of the measures adopted;
2020/07/17
Committee: ECON
Amendment 32 #

2020/2036(INI)

Motion for a resolution
Recital B a (new)
Ba. whereas ambitious next steps are needed to make the EU capital market architecture truly pan-European, competitive and attractive to both EU and international end investors,
2020/07/17
Committee: ECON
Amendment 34 #

2020/2036(INI)

Motion for a resolution
Recital B b (new)
Bb. whereas a consensus has emerged from the experience with the Great Recession that the euro area’s institutional architecture is in need of reform to enhance its capacity to deal with large economic shocks; whereas in this respect economic literature typically finds that higher shock absorption in the United States results mainly from more effective private risk sharing via credit and capital markets;
2020/07/17
Committee: ECON
Amendment 43 #

2020/2036(INI)

Motion for a resolution
Recital C a (new)
Ca. whereas a single price comparison tool consolidating trading data across the EU - referred to as the Consolidated Tape (CT) - would help brokers to locate liquidity at the best price available in European markets, increase investors’ capacity to evaluate their broker’s performance in executing orders, and be a major step towards democratising access to market data as all investors could easily see the best price to buy or sell a financial product; whereas practical experience with a CT is already available in the United States, where a CT has been mandated for shares (consolidating pre- and post-trade data) and bonds (consolidating post-trade data);
2020/07/17
Committee: ECON
Amendment 75 #

2020/2036(INI)

Motion for a resolution
Paragraph 1
1. Calls for the removal of barriers, including the simplification of legislation and more proportional application of legislation and the removal of red tape, to diversify funding sources for SMEs, in order to promote SMEs’ ability to access equity markets, and to reduce the existing debt bias; points out that the current situation makes SMEs more fragile and vulnerable;
2020/07/17
Committee: ECON
Amendment 84 #

2020/2036(INI)

Motion for a resolution
Paragraph 1 a (new)
1a. Calls for further integration and improvement of European capital markets to make them as attractive, competitive, and resilient as possible, especially also in the context of the withdrawal of the United Kingdom from the EU;
2020/07/17
Committee: ECON
Amendment 87 #

2020/2036(INI)

Motion for a resolution
Paragraph 1 b (new)
1b. Emphasises the fundamental importance of enhancing the euro area’s risk absorption capacity;
2020/07/17
Committee: ECON
Amendment 89 #

2020/2036(INI)

Motion for a resolution
Paragraph 1 c (new)
1c. Highlights that euro area countries can enhance their internal capacity to deal with macroeconomic shocks in particular by effectively reducing vulnerabilities in their economies, banking sectors, and public finances; considers further that economic resilience needs to be improved via structural reforms that support potential growth and increase flexibility;
2020/07/17
Committee: ECON
Amendment 90 #

2020/2036(INI)

Motion for a resolution
Paragraph 1 d (new)
1d. Stresses that efficient and integrated financial markets are a core prerequisite for efficient private risk sharing in the euro area; considers that a genuine CMU could significantly help to diversify and reduce risk;
2020/07/17
Committee: ECON
Amendment 99 #

2020/2036(INI)

Motion for a resolution
Paragraph 2
2. TNotes the declining Initial Public Offering (IPO) markets in the EU, reflecting their limited attractiveness for in particular smaller companies; highlights in this regard that SMEs face disproportionate administrative burdens and costs of compliance with listing requirements; takes the view that the efficiency of financial markets should be improved and that the listing of companies should be facilitated; encourages the creation and prioritisation of a large private pan- European fund, an Initial Public Offering (IPO)PO Fund, to support SMEs;
2020/07/17
Committee: ECON
Amendment 102 #

2020/2036(INI)

Motion for a resolution
Paragraph 2 a (new)
2a. Agrees with the CMU High Level Forum on the importance of providing the right incentives to develop a strong “market making” capacity in the EU; considers in this regard that adequate prudential rules should strike a balance between loss absorption capacity, incentives to support a critical mass of investments, and the impact on the EU's global competitiveness;
2020/07/17
Committee: ECON
Amendment 123 #

2020/2036(INI)

Motion for a resolution
Paragraph 4
4. Requests the realignment of the treatment of cash and synthetic securitisations, of the treatment of regulatory capital and liquidity with that of covered bonds and loans, as well as witha review of the disclosure and due diligence requirements for third country securitisation, covered bonds and simple, transparent and standardised (STS) securitisation; requests a clearer role for Competent Authorities in Significant Risk Transfer assessments, improved credit underwriting standards, and reduction of NPLs;
2020/07/17
Committee: ECON
Amendment 129 #

2020/2036(INI)

Motion for a resolution
Paragraph 5
5. Calls for targeted measures within securities market legislation to expedite the recovery after the COVID-19 crisis; supportsuch as changes in the Prospectus Regulation, the Markets in Financial Instruments Directive (MIFID), the Securitisation Regulation and the Market Abuse Regulation to facilitate investments in the real economy, in particular in SMEs, and to allow newcomers and new products to enter the markets, preserving consumer protection and market integrity;
2020/07/17
Committee: ECON
Amendment 139 #

2020/2036(INI)

Motion for a resolution
Paragraph 5 a (new)
5a. Notes that levels of bilateral trading off-venue remain high despite regulatory intentions; advocates a genuine shift towards competitive and on- exchange trading in European equity and derivatives markets; considers that encouraging this shift requires a certain openness to innovative exchange trading models that can meet investors' needs while bringing trading flow on-venue;
2020/07/17
Committee: ECON
Amendment 148 #

2020/2036(INI)

Motion for a resolution
Paragraph 6
6. Asks the Member States to consider amending their national tax frameworks, in order to reduce tax obstacles to cross-border investments, including withholding tax procedures, and to increase financing by investors to long- term investment opportunities thereby improving returns on long-term savings for EU citizens;
2020/07/17
Committee: ECON
Amendment 153 #

2020/2036(INI)

7. Highlights the importance of increasing legal certainty for cross-border investments by making national insolvency proceedings more efficient and effective, thus mitigating home bias, legal risks and costs;
2020/07/17
Committee: ECON
Amendment 165 #

2020/2036(INI)

Motion for a resolution
Paragraph 8 a (new)
8a. Supports improving transparency for end investors through the establishment of an EU Consolidated Tape (CT);
2020/07/17
Committee: ECON
Amendment 173 #

2020/2036(INI)

Motion for a resolution
Paragraph 9
9. Underlines the need to promote pension provision; welcomes the Pan- European Personal Pension (PEPP) product; reminds Member States that PEPPs need to be subject to the same tax treatment as national pension products to become an option for savers; highlights the importance of a level playing field for PEPP product providers including with regard to risk-mitigation techniques in the investment process; calls for a thorough evidence-based evaluation of the launch of the PEPP market before the next legislative review of the PEPP Regulation;
2020/07/17
Committee: ECON
Amendment 179 #

2020/2036(INI)

Motion for a resolution
Paragraph 10
10. Highlights that demographic developments necessitate supplementing pay-as-you-go pensions with life-long intelligent saving and investing; Encourages the Member States to promote multi-pillar pension systems, including occupational pension schemes, as a way to improve market dynamics and the incentives to invest; believes that private pensions should be revitalised and made more attractive; encourages the participation of investors in long-term products with tax reduction or exemption policies;
2020/07/17
Committee: ECON
Amendment 203 #

2020/2036(INI)

Motion for a resolution
Paragraph 12
12. Stresses the need for close cooperation between European and national supervisory authorities to overcome their differences; calls for supervisory convergence to promote a common European model, guided by the European Securities and Market Authority (ESMA), to reduce the existing obstacles to cross-border financial operations;
2020/07/17
Committee: ECON
Amendment 207 #

2020/2036(INI)

Motion for a resolution
Paragraph 12 a (new)
12a. Highlights EU-wide competition, choice and open access among market infrastructures across the entire execution value chain as fundamental principles for the CMU; supports a diversity of trading mechanisms catering to different trading strategies, market conditions, and investment objectives, both in the EU and globally; considers that failure to uphold these principles in the upcoming discussions on the MiFID/R framework review would risk bringing back monopolistic national exchange structures, to the detriment of European economies and end investors;
2020/07/17
Committee: ECON
Amendment 235 #

2020/2036(INI)

Motion for a resolution
Paragraph 15
15. EStresses the need for a level playing field between financial services firms and technology firms; emphasises that access to financial markets should be possible for all enterprises under the ‘same business, same rules’ principle;
2020/07/17
Committee: ECON
Amendment 242 #

2020/2036(INI)

Motion for a resolution
Paragraph 16
16. Recalls the existence of different shortcomings in the legislation on packaged retail investment and insurance products (PRIIPs) that should be addressed in the next reviewa comprehensive review covering Level 1 as well as Level 2 ; expects that Level 2 PRIIPs legislation on the Key Investor Document to respect lLevel 1, in particular in relation to the performance scenarios; regrets the delays in the adoption of Level 2 PRIIPs legislation that will overlap with the first review of PRIIPs, and which increases legal uncertainty and costs for stakeholders;
2020/07/17
Committee: ECON
Amendment 250 #

2020/2036(INI)

Motion for a resolution
Paragraph 17
17. Urges the Commission to make clear the differentiation between professional and retail investors on all levels of MIFID, making it possible to tailor the treatment of clients according to their knowledge and experience on the markets; requests that the Commission consider the introduction of a category of semi-professional investors to better respond to the reality of participation on the financial markets;
2020/07/17
Committee: ECON
Amendment 262 #

2020/2036(INI)

Motion for a resolution
Paragraph 18
18. Is of the opinion that the current reporting framework within MIFID II and the European Market Infrastructure Regulation (EMIR) is very costly and complex, hindering the effectiveness of the system; believes that a simplification thereof is necessarycalls in this regard for a simplification;
2020/07/17
Committee: ECON
Amendment 280 #

2020/2036(INI)

Motion for a resolution
Paragraph 20
20. Underlines that financial education is needed to overcome lowaccelerate retail investor engagement with financial markets, based on lack ofincreased knowledge, mistrust and risk aversionwareness;
2020/07/17
Committee: ECON
Amendment 289 #

2020/2036(INI)

Motion for a resolution
Paragraph 22
22. Urges the Member States, as well as, where appropriate, competent regional, local or other public authorities, to includeconsider including or expanding financial literacy programs in school curricula aimed at developing autonomy in financial matters; suggests the inclusion of this topicat such programs should at least include basic financial concepts such as compounding interest, returns and annuities and the distinction between bonds and shares; suggests the inclusion of financial literacy in the Programme for International Student Assessment (PISA) study;
2020/07/17
Committee: ECON
Amendment 305 #

2020/2036(INI)

Motion for a resolution
Paragraph 23
23. Takes the view that the digitalisation of financial services can be a catalyst for the mobilisation of capital in the EU while reducing barriers and increasing supervisory efficiency; underlines that digitalisation should neither lead to regulatory arbitrage nor to lower customer protection, reduced safety or financial stability risks; emphasises that an EU framework with high standards of cybersecurity would be conducive to the CMU;
2020/07/17
Committee: ECON
Amendment 322 #

2020/2036(INI)

Motion for a resolution
Paragraph 25
25. Points out that Europe competes for capital in a global market, and that, as a result, deeper, more integrated and effic, efficient and resilient European capital markets are critical to protecting Europe’s economic sovereignty, to encouraging the use of the euro in third countries, and to attracting foreign investors;
2020/07/17
Committee: ECON
Amendment 330 #

2020/2036(INI)

Motion for a resolution
Paragraph 26 a (new)
26a. Highlights that taxation remains a key driver of global capital flows; stresses therefore the importance of carefully assessing the impact of any Financial Transaction Tax (FTT) on the EU's ambitions to develop strong, globally attractive, resilient, deep and liquid capital markets;
2020/07/17
Committee: ECON
Amendment 331 #

2020/2036(INI)

Motion for a resolution
Paragraph 26 b (new)
26b. Recalls the need to ensure interoperability of the EU’s regulatory framework with internationally agreed principles from the Basel Committee on Banking Supervision and the Financial Stability Board;
2020/07/17
Committee: ECON
Amendment 79 #

2020/0380(COD)

Proposal for a regulation
Recital 12
(12) Prior to the payment of the pre- financing, Member States should notify the Commission of the identity of the bodies designated and of the body to which the pre-financing shall be paid, and confirm that the systems’ descriptions have been drawn up, within three months of the entry into force of this Regulation. Member States should designate the relevant bodies at the appropriate territorial level, in accordance with their institutional, legal and financial framework.
2021/03/08
Committee: BUDG
Amendment 83 #

2020/0380(COD)

Proposal for a regulation
Recital 14
(14) Pursuant to paragraphs 22 and 23 of the Inter-institutional agreement for Better Law-Making of 13 April 201613 , there is a need to evaluate the Reserve on the basis of information collected through specific monitoring requirements, while avoiding overregulation and administrative burden, in particular on Member Stat on national, regional or local authorities. These requirements, where appropriate, should include measurable indicators, as a basis for the evaluation of the Reserve. _________________ 13Interinstitutional Agreement between the European Parliament, the Council of the European Union and the European Commission on Better Law-Making (OJ L 123, 12.5.2016, p. 1).
2021/03/08
Committee: BUDG
Amendment 89 #

2020/0380(COD)

Proposal for a regulation
Recital 16
(16) In order to ensure the proper functioning of shared management, Member States should establish a management and control system, designate and notify the Commission of the bodies responsible for the management of the Reserve as well as a separate independent audit body. For simplification reasons, Member States may make use of existing bodies designated and systems, including on regional and local level, set up for the purpose of the management and control of cohesion policy funding or the European Union Solidarity Fund. It is necessary to specify the responsibilities of the Member States and lay down the specific requirements for the bodies designated.
2021/03/08
Committee: BUDG
Amendment 199 #

2020/0380(COD)

Proposal for a regulation
Article 13 – paragraph 1 – point a
(a) designating a body, or when required by the Member State's constitutional framework, bodies responsible for the management of the financial contribution from the Reserve and an independent audit bodyies in accordance with Article 63(3) of the Financial Regulation, and supervising such bodies;
2021/03/08
Committee: BUDG
Amendment 201 #

2020/0380(COD)

Proposal for a regulation
Article 13 – paragraph 1 – point d
(d) notifying the Commission of the identity of the bodies designated and of the body to which the pre-financing shall be paito which the pre- financing shall be paid and of the bodies designated, including, where applicable, the bodies to which tasks and funds from the Reserve have been delegated, and confirming that the systems’ descriptions have been drawn up, within three months of the entry into force of this Regulation;
2021/03/08
Committee: BUDG
Amendment 203 #

2020/0380(COD)

Proposal for a regulation
Article 13 – paragraph 2
2. For the purposes of points (a) and (b) of paragraph 1, the Member States may make use of bodies and, including on regional and local level, and of management and control systems already in place for the implementation of cohesion policy funding or the European Union Solidarity Fund.
2021/03/08
Committee: BUDG
Amendment 204 #

2020/0380(COD)

Proposal for a regulation
Article 13 – paragraph 3 – introductory part
3. The body or bodies responsible for managing the financial contribution from the Reserve shall:
2021/03/08
Committee: BUDG
Amendment 364 #

2020/0361(COD)

Proposal for a regulation
Article 10 – paragraph 3
3. Providers of intermediary services shall specify in the information referred to in paragraph 2, the official language or languages of the Union, which can be used to communicate with their points of contact and which shall include at least one of the official languages of the Member State in which the provider of intermediary services has its main establishment or offers its activities or where its legal representative resides or is established.
2021/09/10
Committee: ECON
Amendment 372 #

2020/0361(COD)

Proposal for a regulation
Article 12 – paragraph 1
1. Providers of intermediary services shall include information on any restrictions that they impose in relation to the use of their service in respect of information provided by the recipients of the service, in their terms and conditions. That information shall include information on any policies, procedures, measures and tools used for the purpose of content moderation, including algorithmic decision-making and human review. It shall be set out in clear and unambiguous language and, shall be publicly available in an easily accessible format and shall be provided at least in the language of the linguistic region in which the providers of intermediary services are offering their services.
2021/09/10
Committee: ECON
Amendment 384 #

2020/0361(COD)

Proposal for a regulation
Article 14 – paragraph 1
1. Providers of hosting services shall put mechanisms in place to allow any individual or entity to notify them of the presence on their service of specific items of information that the individual or entity considers to be illegal content. Those mechanisms shall be easy to access, user- friendly, and allow for the submission of notices exclusively by electronic means in the language of the linguistic region in which the providers of hosting services are offering their services.
2021/09/10
Committee: ECON
Amendment 403 #

2020/0361(COD)

Proposal for a regulation
Article 15 – paragraph 1
1. Where a provider of hosting services decides to remove or disable access to specific items of information provided by the recipients of the service, irrespective of the means used for detecting, identifying or removing or disabling access to that information and of the reason for its decision, it shall inform the recipient in the language of the linguistic region in which the recipient of the service is established, at the latest at the time of the removal or disabling of access, of the decision and provide a clear and specific statement of reasons for that decision.
2021/09/10
Committee: ECON
Amendment 423 #

2020/0361(COD)

Proposal for a regulation
Article 17 – paragraph 2
2. Online platforms shall ensure that their internal complaint-handling systems are easy to access, user-friendly and enable and facilitate the submission of sufficiently precise and adequately substantiated complaints. The internal complaint- handling system shall be set up in the language of the linguistic region in which the online platform is offering its services.
2021/09/10
Committee: ECON
Amendment 427 #

2020/0361(COD)

Proposal for a regulation
Article 17 – paragraph 4
4. Online platforms shall inform complainants without undue delay, in the language of the linguistic region in which the complainant is established, of the decision they have taken in respect of the information to which the complaint relates and shall inform complainants of the possibility of out-of-court dispute settlement provided for in Article 18 and other available redress possibilities.
2021/09/10
Committee: ECON
Amendment 435 #

2020/0361(COD)

Proposal for a regulation
Article 18 – paragraph 6
6. This Article is without prejudice to Directive 2013/11/EU and alternative dispute resolution procedures and entities for consumers established under that Directive, and also does not affect the recipient’s right to settle disputes in court.
2021/09/10
Committee: ECON
Amendment 446 #

2020/0361(COD)

Proposal for a regulation
Article 19 – paragraph 6
6. The Digital Services Coordinator that awarded the status of trusted flagger to an entity shall revoke that status if it determines, following an investigation either on its own initiative or on the basis information received by third parties, including the information provided by an online platform pursuant to paragraph 5, that the entity no longer meets the conditions set out in paragraph 2. Before revoking that status, the Digital Services Coordinator shall afford the entity an opportunity to react to the findings of its investigation and its intention to revoke the entity’s status as trusted flagger in the language of the linguistic region in which the flagger is established.
2021/09/10
Committee: ECON
Amendment 449 #

2020/0361(COD)

Proposal for a regulation
Article 20 – paragraph 1
1. Online platforms shall suspend, for a reasonable period of time and after having issued a prior warning in the language of the linguistic region in which the online platform is offering its services, the provision of their services to recipients of the service that frequently provide manifestly illegal content.
2021/09/10
Committee: ECON
Amendment 528 #

2020/0361(COD)

Proposal for a regulation
Article 29 – paragraph 1
1. Very large online platforms that use recommender systems shall set out in their terms and conditions, in a clear, accessibla clear, accessible and easily comprehensible manner in their terms and conditions, which shall be drawn up in the land easily comprehensible mannerguage of the linguistic region in which they are offering their services, the main parameters used in their recommender systems, as well as any options for the recipients of the service to modify or influence those main parameters that they may have made available, including at least one option which is not based on profiling, within the meaning of Article 4 (4) of Regulation (EU) 2016/679.
2021/09/10
Committee: ECON
Amendment 572 #

2020/0361(COD)

Proposal for a regulation
Article 44 – paragraph 1
1. Digital Services Coordinators shall draw up an annual report on their activities under this Regulation, at least in the language of the linguistic region in which the digital services are being offered. They shall make the annual reports available to the public, and shall communicate them to the Commission and to the Board.
2021/09/10
Committee: ECON
Amendment 76 #

2020/0353(COD)

Proposal for a regulation
Citation 1
Having regard to the Treaty on the Functioning of the European Union, and in particular Article 114 and Article 192 (1) thereof,
2021/09/09
Committee: TRAN
Amendment 129 #

2020/0353(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 7 – indent 4
— is neither an electric vehicle battery, nor a light electric vehicle battery nor an automotive battery;
2021/09/09
Committee: TRAN
Amendment 131 #

2020/0353(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 7 – indent 4 a (new)
- including toys equipped with a battery as specified in the Toy Safety Directive 2009/48/EC (TSD).
2021/09/09
Committee: TRAN
Amendment 136 #

2020/0353(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 9
(9) ‘light means of transport’ means wheeled vehicles that have an electric motor of less than 750 watts, on which travellers are seated when the vehicle is moving and that can be powered by the electric motor alone or by a combination of motor and human power battery’ means any battery in wheeled vehicles that can be powered by the electric motor alone or by a combination of motor and human power, including vehicles of type- approved categories provided for in Regulation (EU) No 168/2013 and with a weight below 25 kg;
2021/09/09
Committee: TRAN
Amendment 140 #

2020/0353(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 12
(12) ‘electric vehicle battery’ means any battery specifically designed to provide traction to hybrid and electric vehicles for road transport; a vehicle of category L as provided for in Regulation (EU) No 168/2013 and with a weight above 25 kg, or to a vehicle of categories M, N or O as provided for in Directive 2007/46/EC;
2021/09/09
Committee: TRAN
Amendment 145 #

2020/0353(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 26 a (new)
(26 a) 'preparing for repurposing' means any operation by which parts of or a complete waste battery is prepared so that it can be used for a different purpose or application than that which the battery was originally designed for;
2021/09/09
Committee: TRAN
Amendment 149 #

2020/0353(COD)

Proposal for a regulation
Article 7 – title
CarbonProduct environmental footprint of electric vehicle batteries and rechargeable industrial batteries
2021/09/09
Committee: TRAN
Amendment 151 #

2020/0353(COD)

Proposal for a regulation
Article 7 – paragraph 1 – introductory part
1. Electric vehicle batteries and rechargeable industrial batteries with internal storage and a capacity above 2 kWh shall be accompanied by technical documentation that includes, for each battery model and batch per manufacturing plant, a carbonproduct environmental footprint declaration drawn up in accordance with the delegated act referred to in the second sub-paragraph and containing, at least, the following information:
2021/09/09
Committee: TRAN
Amendment 162 #

2020/0353(COD)

Proposal for a regulation
Article 7 – paragraph 1 – subparagraph 2 – point a
(a) a delegated act in accordance with Article 73 to supplement this Regulation by establishing the methodology to calculate the total carbonproduct environmental footprint of the battery referred to in point (d), in accordance with the essential elements set out in Annex II;
2021/09/09
Committee: TRAN
Amendment 163 #

2020/0353(COD)

Proposal for a regulation
Article 7 – paragraph 1 – subparagraph 2 – point b
(b) an implementing act establishing the format for the carbonproduct environmental footprint declaration referred to in the first subparagraph. That implementing act shall be adopted in accordance with the examination procedure referred to in Article 74(3).
2021/09/09
Committee: TRAN
Amendment 165 #

2020/0353(COD)

Proposal for a regulation
Article 7 – paragraph 2 – introductory part
2. Electric vehicle batteries and rechargeable industrial batteries with internal storage and a capacity above 2 kWh shall bear a conspicuous, clearly legible and indelible label indicating the carbonproduct environmental footprint performance class that the individual battery corresponds to.
2021/09/09
Committee: TRAN
Amendment 170 #

2020/0353(COD)

Proposal for a regulation
Article 7 – paragraph 2 – subparagraph 2
The carbonproduct environmental footprint performance class requirements in the first subparagraph shall apply as of 1 January 2026 for electric vehicle batteries and for rechargeable industrial batteries.
2021/09/09
Committee: TRAN
Amendment 173 #

2020/0353(COD)

Proposal for a regulation
Article 7 – paragraph 2 – subparagraph 3 – point a
(a) a delegated act in accordance with Article 73 to supplement this Regulation by establishing the carbonproduct environmental footprint performance classes referred to in the first subparagraph. In preparing that delegated act, the Commission shall take into account the relevant essential elements set out in Annex II;
2021/09/09
Committee: TRAN
Amendment 174 #

2020/0353(COD)

Proposal for a regulation
Article 7 – paragraph 2 – subparagraph 3 – point b
(b) an implementing act establishing the formats for the labelling referred to in the first subparagraph and the format for the declaration on the carbonproduct environmental footprint performance class referred to in the second subparagraph. That implementing act shall be adopted in accordance with the examination procedure referred to in Article 74(3).
2021/09/09
Committee: TRAN
Amendment 175 #

2020/0353(COD)

3. Electric vehicle batteries and rechargeable industrial batteries with internal storage and a capacity above 2 kWh shall, for each battery model and batch per manufacturing plant, be accompanied by technical documentation demonstrating that the declared life cycle carbonproduct environmental footprint value, is below the maximum threshold established in the delegated act adopted by the Commission pursuant to the third subparagraph.
2021/09/09
Committee: TRAN
Amendment 180 #

2020/0353(COD)

Proposal for a regulation
Article 7 – paragraph 3 – subparagraph 1
The requirement for a maximum life cycle carbonproduct environmental footprint threshold in the first subparagraph shall apply as of 1 July 2027 for electric vehicle batteries and for rechargeable industrial batteries.
2021/09/09
Committee: TRAN
Amendment 181 #

2020/0353(COD)

Proposal for a regulation
Article 7 – paragraph 3 – subparagraph 2
The Commission shall, no later than 1 July 2026, adopt a delegated act in accordance with Article 73 to supplement this Regulation by determining the maximum life cycle carbonproduct environmental footprint threshold referred to in the first subparagraph. In preparing that delegated act, the Commission shall take into account the relevant essential elements set out in Annex II.
2021/09/09
Committee: TRAN
Amendment 183 #

2020/0353(COD)

Proposal for a regulation
Article 7 – paragraph 3 – subparagraph 3
The introduction of a maximum life cycle carbonproduct environmental footprint threshold shall trigger, if necessary, a reclassification of the carbonproduct environmental footprint performance classes of the batteries referred to in paragraph 2.
2021/09/09
Committee: TRAN
Amendment 253 #

2020/0353(COD)

Proposal for a regulation
Article 11 – paragraph 2 – point b
(b) the functioning of the battery is only possible when the battery is integrated into the structure of the appliance.deleted
2021/09/09
Committee: TRAN
Amendment 321 #

2020/0353(COD)

Proposal for a regulation
Article 46 – paragraph 1 a (new)
1 a. The operator carrying out repurposing or remanufacturing operations of batteries shall be obliged to register for repurposed or remanufactured batteries that he makes available on the market for the first time within the territory of a Member State. He shall to that end submit an application in the Member States where he makes repurposed or remanufactured batteries available for the first time.
2021/09/09
Committee: TRAN
Amendment 322 #

2020/0353(COD)

Proposal for a regulation
Article 47 – paragraph 1 – introductory part
1. Producers of batteries shall have extended producer responsibility for batteries that they make available on the market for the first time within the territory of a Member State, to ensure the attainment ofcompliance with the wWaste management obligations set out in this Chapter. This responsibility shall include the obligation to:Directive (EU) 2018/851, notably Articles 8 and 8a thereof.
2021/09/09
Committee: TRAN
Amendment 324 #

2020/0353(COD)

Proposal for a regulation
Article 47 – paragraph 1 – point a
(a) organise the separate collection of waste batteries in accordance with Article 48 and Article 49 and the subsequent transport, preparation for repurposing and remanufacturing, treatment and recycling of waste batteries, including the necessary safety measures, in accordance with Article 56;deleted
2021/09/09
Committee: TRAN
Amendment 325 #

2020/0353(COD)

Proposal for a regulation
Article 47 – paragraph 1 – point b
(b) report on obligations relating to batteries made available on the market for the first time within the territory of a Member State in accordance with Article 61;deleted
2021/09/09
Committee: TRAN
Amendment 326 #

2020/0353(COD)

Proposal for a regulation
Article 47 – paragraph 1 – point c
(c) promote the separate collection of batteries, including by covering the costs of carrying out surveys to identify batteries discarded inappropriately by end-users in accordance with Article 48(1);deleted
2021/09/09
Committee: TRAN
Amendment 327 #

2020/0353(COD)

Proposal for a regulation
Article 47 – paragraph 1 – point d
(d) provide information including end-of-life information about batteries in accordance with Article 60;deleted
2021/09/09
Committee: TRAN
Amendment 328 #

2020/0353(COD)

Proposal for a regulation
Article 47 – paragraph 1 – point e
(e) finance the activities referred to in points (a) to (d).deleted
2021/09/09
Committee: TRAN
Amendment 329 #

2020/0353(COD)

Proposal for a regulation
Article 47 – paragraph 6 – introductory part
6. PA producer or a producer responsibility organisations shall apply for an authorisation from the competent authority. The authorisation shall be granted only where it is demonstrated that the measures put in place by the producer responsibility organisation are sufficient to meet the obligations set out in this Article with regard to the amount of batteries made available on the market for the first time within the territory of a Member State by the producers on whose behalf it acts. The competent authority shall in regular intervals, verify whether the conditions for the authorisation laid down in paragraphs 1, 3, 4 and 5 continue to be met. The competent authorities shall fix the details of the authorisation procedure and the modalities for verifying compliance, including the information to be provided by the producers or a producer responsibility organisation to that end.
2021/09/09
Committee: TRAN
Amendment 330 #

2020/0353(COD)

Proposal for a regulation
Article 47 – paragraph 7
7. In order to demonstrate compliance with paragraph 3(a), producers or, where appointed in accordance with paragraph 2, producer responsibility organisations acting on their behalf, shall provide a guarantee which may take the form of a recycling insurance or a blocked bank account, or participation by the producer in a producer responsibility organisation. The Commission shall, by 31 December 2023, adopt an implementing act in order to establish detailed rules regarding the scope and the calculation of the guarantee.
2021/09/09
Committee: TRAN
Amendment 333 #

2020/0353(COD)

Proposal for a regulation
Article 47 – paragraph 12 a (new)
12 a. The operator carrying out repurposing or remanufacturing operations of batteries shall have extended producer responsibility for repurposed or remanufactured batteries that he makes available on the market for the first time within the territory of a Member State to ensure the attainment of the waste management obligations set out in this Chapter.
2021/09/09
Committee: TRAN
Amendment 334 #

2020/0353(COD)

Proposal for a regulation
Article 47 – paragraph 13
13. Articles 8 and 8a of Directive 2008/98/EC shall not apply to batteries.deleted
2021/09/09
Committee: TRAN
Amendment 344 #

2020/0353(COD)

Proposal for a regulation
Article 48 – paragraph 12
12. Every five years the Member States shall carry out a compositional survey at least at NUTS 2 level of collected mixed municipal waste and waste electric and electronic equipment streams to determine the share of waste portable batteries therein. The first survey shall be carried out by 31 December 2023. On the basis of the information obtained, the competent authorities may require, when granting or reviewing an authorisation under paragraphs 6 and 10 that the producers of portable batteries or producer responsibility organisations take corrective action to increase their network of connected collection points and carry out information campaigns in accordance with Article 60(1) in proportion to the share of waste portable batteries in mixed municipal waste and waste electric and electronic equipment streams detected in the survey.
2021/09/09
Committee: TRAN
Amendment 366 #

2020/0353(COD)

Proposal for a regulation
Article 59 – title
59 Requirements related to the repurposing and remanufacturing of light means of transport batteries, industrial batteries and electric-vehicle batteries
2021/09/09
Committee: TRAN
Amendment 398 #

2020/0353(COD)

Proposal for a regulation
Annex VI – Part A – paragraph 1 – point 6 a (new)
6 a. weight of the battery;
2021/09/09
Committee: TRAN
Amendment 410 #

2020/0353(COD)

Proposal for a regulation
Annex XII – Part A – point 4 a (new)
4 a. Mercury shall be separated during treatment and recycling into an identifiable stream, which is given a safe destination and can not cause adverse effects on humans or the environment.
2021/09/09
Committee: TRAN
Amendment 8 #

2020/0320(COD)

Proposal for a regulation
Recital 3
(3) On 11 March 2020, the World Health Organization (WHO) declared the novel coronavirus COVID-19 outbreak a global pandemic. From the challenges experienced in responding to the pandemic it became clear that the Centre’s role in the Union’s framework for health crisis preparedness and response should be strengthened in order to better use the potential of the Union's and the Member States' capacities to respond to future pandemics.
2021/03/23
Committee: BUDG
Amendment 9 #

2020/0320(COD)

Proposal for a regulation
Recital 3 a (new)
(3 a) European action is targeted to delivering added value, in support and respect of the Member States' competences. Strengthening the existing Union level structures and expertise, ensuring coherence and synergies and avoiding duplication are essential.
2021/03/23
Committee: BUDG
Amendment 10 #

2020/0320(COD)

Proposal for a regulation
Recital 3 b (new)
(3 b) The relationship between the ECDC, EU4Health, the European Medicines Agency and the WHO has to be performant, coherent and seamless and needs to avoid duplication and overlap, both regarding the mandate and the budget.
2021/03/23
Committee: BUDG
Amendment 27 #

2020/0320(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 2
Regulation (EC) No 851/2004
Article 3 – paragraph 1 – subparagraph 3
In pursuing its mission, the Centre shall take full account of the responsibilities and competences of the Member States, the Commission and other Union bodies or agencies, and of the responsibilities of international organisations active within the field of public health, in order to ensure comprehensiveness, coherence and complementarity of action, to avoid duplication and to ensure that the principle of subsidiarity is respected.
2021/03/23
Committee: BUDG
Amendment 35 #

2020/0320(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 4
Regulation (EC) No 851/2004
Article 5 – paragraph 4 – point d
(d) monitor and assesssupport the competent authorities in the Member States in their assessment of their health systems’ capacity for diagnosis, prevention and treatment of specific communicable diseases as well as patients’ safety;
2021/03/23
Committee: BUDG
Amendment 37 #

2020/0320(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 5
Regulation (EC) No 851/2004
Article 5a – paragraph 2
2. TIn close cooperation with the competent authorities in the Member States, the European Medicines Agency and other relevant Union bodies and agencies, as well as with international organisations, the Centre shall develop a framework for the prevention of communicable diseases and special issues, including vaccine preventable diseases, antimicrobial resistance, health education, health literacy and behaviour change.
2021/03/23
Committee: BUDG
Amendment 38 #

2020/0320(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 6
Regulation (EC) No 851/2004
Article 5b – paragraph 1 – subparagraph 2 – point i
(i) support the competent authorities in the Member States to assess health systems’ capacity to detect, prevent, respond to and recover from outbreaks of communicable diseases, identify gaps and provide recommendations for the strengthening of health systems, to be implemented with Union support as appropriate;
2021/03/23
Committee: BUDG
Amendment 136 #

2020/0267(COD)

Draft legislative resolution
Citation 5
— having regard to the opinion of the European Central Bank of 28 April 20212 , _________________ 2 OJ C xxx, xx.x.2021, p. xx.
2021/05/26
Committee: ECON
Amendment 137 #

2020/0267(COD)

— having regard to opinion 6/2021 of the European Data Protection Supervisor of 23 April 2021,
2021/05/26
Committee: ECON
Amendment 150 #

2020/0267(COD)

Proposal for a regulation
Recital 5
(5) In order to allow for the development of crypto-assets that qualify as financial instruments andbased on DLT, while preserving a high level of financial stability, market integrity, transparency and investor protection, it would be useful to create a pilot regime for DLT market infrastructures. A pilot regime for DLT market infrastructures should allow such DLT market infrastructures to be temporarily exempted from some specific requirements under the Union financial services legislation that could otherwise prevent them from developing solutions for the trading and settlement of transactions in crypto-assets that qualify as financial instruments. The pilot regime should also enable the European Securities and Markets Authorities (ESMA) and competent authorities to gain experience on the opportunities and specific risks created by crypto-assets that qualify as financial instruments, and by their underlying technologycreation of the pilot regime should be without prejudice to the tasks and responsibilities of the European Central Bank (ECB) and the national central banks in the European System of Central Banks (ESCB), set out in the Treaty on the Functioning of the European Union and in the statutes of the ESCB and of the ECB, to promote the smooth operation of payment systems and to ensure efficient and sound clearing and payment systems within the Union and with third countries. The pilot regime should also enable the European Securities and Markets Authorities (ESMA) and competent authorities to gain experience on the opportunities and specific risks created by crypto-assets that qualify as financial instruments, and by their underlying technology. The experience gained with the pilot regime should therefore help to identify possible practical proposals for a suitable regulatory framework in order to make targeted adjustments to existing Union law involving the issuance, safekeeping and asset servicing, trading and settlement of financial instruments based on DLT.
2021/05/26
Committee: ECON
Amendment 161 #

2020/0267(COD)

Proposal for a regulation
Recital 6 a (new)
(6 a) Where CSDs operated by members of the ESCB, by Member States’ national bodies performing similar functions, or by other public bodies charged with or intervening in the management of public debt in the Union, operate a DLT SSS, they should not be required to seek specific exemptions or permissions from a competent authority, since such CSDs are not required to report to competent authorities or to comply with their orders, and are subject to a limited set of requirements under Regulation (EU) No 909/2014, in accordance with Article 1(4) of that Regulation.
2021/05/26
Committee: ECON
Amendment 241 #

2020/0267(COD)

Proposal for a regulation
Recital 44 a (new)
(44 a) The operation of DLT market infrastructures could involve the processing of personal data. Any processing of personal data under this Regulation should be carried out in accordance with applicable Union law on the protection of personal data. This Regulation is without prejudice to the rights and obligations under Regulations (EU) 2016/6791a and (EU) 2018/17251b. _________________ 1aRegulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation) (OJ L 119, 4.5.2016, p. 1). 1bRegulation (EU) 2018/1725 of the European Parliament and of the Council of 23 October 2018 on the protection of natural persons with regard to the processing of personal data by the Union institutions, bodies, offices and agencies and on the free movement of such data, and repealing Regulation (EC) No 45/2001 and Decision No 1247/2002/EC (OJ L 295, 21.11.2018, p. 39).
2021/05/26
Committee: ECON
Amendment 316 #

2020/0267(COD)

Proposal for a regulation
Article 4 – paragraph 3 – point a
(a) guarantees, in accordance with Article 37(2) and (3) of Regulation (EU) No 909/2014, that the number of DLT transferable securities in an issue or in part of an issue admitted by the investment firm or market operator operating the DLT MTFTSS, is equal to the sum of DLT transferable securities making up such an issue or part of an issue, recorded on the DLT, at any given time;
2021/05/26
Committee: ECON
Amendment 319 #

2020/0267(COD)

Proposal for a regulation
Article 4 – paragraph 3 – point d
(d) provides, in accordance with Article 39(5) of Regulation (EU) No 909/2014, clear, accurate and timely information in relation to the settlement of transactions, including settlement finality, by defining the moment from which transfer orders or other pre-identified instructions may not be revoked by a member, participant, issuer or client;
2021/05/26
Committee: ECON
Amendment 327 #

2020/0267(COD)

Proposal for a regulation
Article 4 – paragraph 3 – point g
(g) either prevents or, if not possible, addresses settlement fails, in accordance with Article 7 of Regulation (EU) No 909/2014 and Commission Delegated Regulation (EU) 2018/1229*. _________________ * Commission Delegated Regulation (EU) 2018/1229 of 25 May 2018 supplementing Regulation (EU) No 909/2014 of the European Parliament and of the Council with regard to regulatory technical standards on settlement discipline (OJ L 230, 13.9.2018, p. 1).
2021/05/26
Committee: ECON
Amendment 341 #

2020/0267(COD)

Proposal for a regulation
Article 5 – paragraph 3 – introductory part
3. At its request, a CSD operating a DLT securities settlement systemSSS may be exempted by the competent authority from the application of Article 19 and Article 30 of Regulation (EU) No 909/2014, in relation only to the outsourcing of a core service to a third party, and from Article 30 of that Regulation, provided that:
2021/05/26
Committee: ECON
Amendment 349 #

2020/0267(COD)

Proposal for a regulation
Article 5 – paragraph 5 – subparagraph 1
The settlement of the payments may leg shall be carried out through central bank money, where practicable and available, or where not practicable and available, through commercial bank money, including commercial bank money in a token-based form, or in e-money tokens.
2021/05/26
Committee: ECON
Amendment 354 #

2020/0267(COD)

Proposal for a regulation
Article 5 – paragraph 5 – subparagraph 2
Where settlement occurs through commercial bank money or e-money tokens, the investment firm or market operatorCSD operating thea DLT MTFSSS shall identify, measure, monitor, manage, and minimise any counterparty risk arising from the use of such money, also taking into account any risk arising from the designation or non-designation of the DLT SSS as a system for the purposes of Directive 98/26/EC and of paragraph 8 of this Article.
2021/05/26
Committee: ECON
Amendment 372 #

2020/0267(COD)

Proposal for a regulation
Article 6 – paragraph 1 – subparagraph 1
They shall also have up-to-date, clear and detailed publically available written documentation, which may be made available by electronic means, defining the rules under which the DLT market infrastructures and their operators shall operate, including the agreed upon associated legal terms defining the rights, obligations, responsibilities and liabilities of the operator of the DLT market infrastructure, as well as that of the members, participants, issuers and/or clients using the DLT market infrastructure concerned. Such legal arrangements shall specify the governing law, the pre- litigation dispute settlement mechanism, any insolvency protection measures under Directive 98/26/EC and the jurisdiction for bringing legal action.
2021/05/26
Committee: ECON
Amendment 382 #

2020/0267(COD)

Proposal for a regulation
Article 6 – paragraph 2
2. A CSD operating a DLT securities settlement systemSSS, and an investment firm or a market operator operating a DLT MTFTSS requesting an exemption from Article 3(2) of Regulation (EU) No 909/2014, shall establish rules on the functioning of the DLT they operate, including the rules for accessing the distributed ledger technology, the participation of the validating nodes, addressing potential conflicts of interest, and risk management including any mitigation measures., or document, as appropriate:
2021/05/26
Committee: ECON
Amendment 383 #

2020/0267(COD)

Proposal for a regulation
Article 6 – paragraph 2 – point a (new)
(a) rules on the functioning of the DLT they operate, including the rules for accessing the distributed ledger technology, the participation of the validating nodes, addressing potential conflicts of interest, and risk management including any mitigation measures; and
2021/05/26
Committee: ECON
Amendment 384 #

2020/0267(COD)

(b) measures to mitigate the risks arising from insolvency, where insolvency protection measures under Directive 98/26/EC do not apply.
2021/05/26
Committee: ECON
Amendment 401 #

2020/0267(COD)

Proposal for a regulation
Article 7 – paragraph 3 – introductory part
3. Before deciding on an application for a specific permission to operate a DLT MTF under this Regulation, the competent authority of the home Member State shall notify and provide all relevant information on the DLT MTF to ESMA,, in the case of an application by a credit institution, to its prudential supervisor, including the ECB for significant credit institutions, and, in all cases, to ESMA, including an explanation of the exemptions requested, their justifications and any compensatory or corrective measures proposed by the applicant or required by the competent authority. In addition, where an applicant intends to provide any of the core services listed in Section A of the Annex to Regulation (EU) No 909/2014, before deciding on an application for a specific permission to operate a DLT MTF under this Regulation, the competent authority of the home Member State shall transmit all information included in the application to the relevant authorities specified in Article 12 of Regulation (EU) No 909/2014 and consult those authorities on the features of the securities settlement system operated by the applicant. A relevant authority may inform the competent authority of its views within three months of receipt of the information from the competent authority.
2021/05/26
Committee: ECON
Amendment 416 #

2020/0267(COD)

Proposal for a regulation
Article 7 – paragraph 6 – introductory part
6. Without prejudice to Article 8 and Article 44 of Directive 2014/65/EU, the competent authority which granted a specific permission under this Regulation shall withdraw such permission or any of the exemptions granted, after consultation with ESMA and informing the relevant authorities specified in Article 12 of Regulation (EU) No 909/2014 and, in the case of a specific permission granted to a credit institution, its prudential supervisor, including the ECB for significant credit institutions, in accordance with paragraph 3, if any of the following has occurred:
2021/05/26
Committee: ECON
Amendment 432 #

2020/0267(COD)

Proposal for a regulation
Article 8 – paragraph 3 – introductory part
3. Before deciding on an application for a specific permission to operate a DLT MTFSSS under this Regulation, the competent authority shall notify and provide all relevant information on the DLT securities settlement system to ESMA andSSS to the relevant authorities specified in Article 12 of Regulation (EU) No 909/2014 and shall consult those authorities on the features of the securities settlement system operated by the applicant and, in the case of an application by a credit institution, shall provide all such relevant information to the prudential supervisor, including the ECB for significant credit institutions, and, in all cases, to ESMA, including an explanation of the exemptions requested, their justification and any compensatory or corrective measures proposed by the applicant or required by the competent authority.
2021/05/26
Committee: ECON
Amendment 437 #

2020/0267(COD)

Proposal for a regulation
Article 8 – paragraph 3 – subparagraph 1
Within three months of receipt of the notification, the relevant authorities specified in Article 12 of Regulation (EU) No 909/2014 may respond to the competent authority, and ESMA shall provide the competent authority with a non-binding opinion on the application and shall make any recommendations on the exemptions requested by the applicant, that are necessary to ensure investor protection, market integrity and financial stability. ESMA shall also promote the consistency and proportionality of exemptions granted by competent authorities to CSDs operating DLT securities settlement systems, across the Union. In order to do so, ESMA, shall consult the competent authorities of the other Member States in a timely manner and take the utmost account of their views in its opinion.
2021/05/26
Committee: ECON
Amendment 438 #

2020/0267(COD)

Proposal for a regulation
Article 8 – paragraph 4 – introductory part
4. Without prejudice to Article 17 of Regulation (EU) No 909/2014, and after having informed the relevant authorities specified in Article 12 of Regulation (EU) No 909/2014 and, in the case of a credit institution, its prudential supervisor, including the ECB for significant credit institutions, a competent authority shall refuse to grant a specific permission under this Regulation, if there are grounds for believing any of the following:
2021/05/26
Committee: ECON
Amendment 450 #

2020/0267(COD)

Proposal for a regulation
Article 9 – paragraph 1 – introductory part
1. Without prejudice to the application of any relevant provisions of Directive 2014/65/EU and Regulation (EU) No 909/2014, the operators of DLT market infrastructures shall cooperate with the competent authorities, including, in the case of credit institutions, their prudential supervisors, and including the ECB in the case of significant credit institutions, which are entrusted with granting specific permissions under this Regulation and with ESMA.
2021/05/26
Committee: ECON
Amendment 453 #

2020/0267(COD)

Proposal for a regulation
Article 9 – paragraph 1 – subparagraph 1 – introductory part
In particular, immediately upon becoming aware of any of the matters listed below, the operators of DLT market infrastructures shall notify, the said competent authorities, including, in the case of credit institutions, their prudential supervisors, and including the ECB in the case of significant credit institutions, and ESMA, thereof. Such matters include, without limitation:
2021/05/26
Committee: ECON
Amendment 457 #

2020/0267(COD)

Proposal for a regulation
Article 9 – paragraph 2
2. The operators of DLT market infrastructures shall provide the competent authority which granted the specific permission and ESMA with any relevant information they may require. In the case of a DLT SSS or a DLT TSS, the competent authority shall transmit information concerning the functioning of the securities settlement system to the relevant authorities specified in Article 12 of Regulation (EU) No 909/2014 as soon as possible.
2021/05/26
Committee: ECON
Amendment 459 #

2020/0267(COD)

Proposal for a regulation
Article 9 – paragraph 4 – introductory part
4. Every six months from the date of the specific permission, the operator of a DLT market infrastructure shall submit a report to the competent authority and ESMAies, including, in the case of a credit institution, its prudential supervisor, and including the ECB in the case of significant credit institutions, and ESMA. In the case of a DLT SSS or a DLT TSS, the competent authority shall transmit that information to the relevant authorities specified in Article 12 of Regulation (EU) No 909/2014 as soon as possible. Such report shall include, without limitation:
2021/05/26
Committee: ECON
Amendment 70 #

2020/0106(COD)

Proposal for a regulation
Recital 2 a (new)
(2a) The conclusions of the European Council of 17-21 July 2020 do not include the Solvency Support Instrument within the instruments forming the recovery package. This is a regrettable decision made by the Heads of State and Government, necessitated by a decision to prioritise funding elsewhere. Nevertheless, support especially for SMEs will continue to be needed in many Member States and in particular in smaller Member States, whose fiscal capacities are more limited.
2020/08/27
Committee: BUDGECON
Amendment 71 #

2020/0106(COD)

Proposal for a regulation
Recital 2 b (new)
(2b) Businesses who find themselves in liquidity issues may find themselves unable to access public support and become targets for private equity investors from third countries. This represents a considerable threat to the strength of European economies and the innovative capacities of many Member States
2020/08/27
Committee: BUDGECON
Amendment 72 #

2020/0106(COD)

Proposal for a regulation
Recital 2 c (new)
(2c) Solvent businesses able to withstand liquidity problems continue to face other challenges, including barriers to market access and regulatory burdens, which continue to place those companies at risk of collapse if the economic recovery falters.
2020/08/27
Committee: BUDGECON
Amendment 73 #

2020/0106(COD)

Proposal for a regulation
Recital 2 d (new)
(2d) Given the importance of securing the competitive position of European companies, assets and innovative capacity, together with the need to support Member States across the Union in supporting their national economies and by extension the Single Market, the proposal for the Solvency Support Instrument remains a relevant intervention should the need for further instruments to bolster the recovery be identified
2020/08/27
Committee: BUDGECON
Amendment 183 #

2020/0104(COD)

Proposal for a regulation
Recital 6
(6) Past experiences have shown that investment is often drastically cut during crises. However, it is essential to support investment in this particular situation to speed up the recovery and strengthen long- term growth potential. Investing in green and digital technologies, higher-risk activities such as research and innovation, capacities and processes aimed at assisting clean energy transition, boosting energy efficiency in housing and other key sectors of the economic are important to achieve sustainable growth and help create jobs. It will also help make the Union more resilient and less dependent by diversifying key supply chains.
2020/09/22
Committee: BUDGECON
Amendment 232 #

2020/0104(COD)

Proposal for a regulation
Recital 10 a (new)
(10a) The Facility should not substitute recurring national spending and Member States should maintain at least the same level of its public investment compared to the average level of its public investment in the five previous years. Member States that allow significant reversals of the reforms supported by the Facility should repay the amounts it received for these reforms.
2020/09/22
Committee: BUDGECON
Amendment 378 #

2020/0104(COD)

Proposal for a regulation
Recital 18 a (new)
(18a) In preparing and implementing their Recovery and Resilience Plans and in proposing reforms and investments Member States should consider Article 107 TFEU and the State aid framework and its restrictions. The proper functioning of the internal market and its competition and State aid rules are to the benefit of European consumers and businesses and are necessary to avoid undue distortions of competition. The Commission should therefore continue to perform its role under the Treaties to ensure a level playing field in the internal market.
2020/09/22
Committee: BUDGECON
Amendment 412 #

2020/0104(COD)

Proposal for a regulation
Recital 21
(21) In order to ensure the national ownership and a focus on relevant reforms and investments, Member States wishing to receive support should submit to the Commission a recovery and resilience plan that is duly reasoned and substantiated, substantiated and takes into account regional and local preferences to make sure real needs on the ground are met . The recovery and resilience plan should set out the detailed set of measures for its implementation, including targets and milestones, and the expected impact of the recovery and resilience plan on growth potential, job creation and economic and social resilience; it should also include measures that are relevant for the green and the digital transitions; it should also include an explanation of the consistency of the proposed recovery and resilience plan with the relevant country-specific challenges and priorities identified in the context of the European Semester. Close cooperation between the Commission and the Member States should be sought and achieved throughout the process.
2020/09/22
Committee: BUDGECON
Amendment 465 #

2020/0104(COD)

Proposal for a regulation
Recital 27 a (new)
(27a) Given the short-term focus and the emphasis being placed on the national envelopes in the implementation of the Recovery and Resilience Facility, there is a risk that the implementation of the funds merely to meet the deadline would be prioritised over the control and the scrutiny of the initial purpose of the Facility.
2020/09/22
Committee: BUDGECON
Amendment 1083 #

2020/0104(COD)

Proposal for a regulation
Article 16 – paragraph 3 – introductory part
3. The Commission shall assess the importance and coherence of the recovery and resilience plan and its contribution to the green and digital transitions, and their contribution to the achievement of a sound medium-term budgetary position which ensures the sustainability of public finances or a rapid progress towards such sustainability and for that purpose, shall take into account the following criteria:
2020/09/25
Committee: BUDGECON
Amendment 1104 #

2020/0104(COD)

Proposal for a regulation
Article 16 – paragraph 3 – point a
(a) whether the recovery and resilience plan is expected to contribute to effectively address challenges identified in the relevant country-specific recommendations including fiscal aspects addressed to the Member State concerned or in other relevant documents officially adopted by the Commission in the European Semester;
2020/09/25
Committee: BUDGECON
Amendment 1182 #

2020/0104(COD)

Proposal for a regulation
Article 16 – paragraph 3 – point e
(e) whether the justification provided by the Member State on the amount of the estimated total costs of the recovery and resilience plan submitted is reasonable and plausible and is commensuratest-efficient with a view to the expected impact on the economy and employment;
2020/09/25
Committee: BUDGECON
Amendment 1438 #

2020/0104(COD)

Proposal for a regulation
Article 23 – paragraph 2
2. The performance reporting system shall ensure that data for monitoring the implementation of the activities and results are collected efficiently, effectively, and in a timely manner. To that end, proportionate reporting requirements shall be imposed on recipientthe final beneficiaries of Union funding.
2020/09/25
Committee: BUDGECON
Amendment 55 #

2020/0102(COD)

Proposal for a regulation
Recital 3
(3) Article 168 TFEU provides that the Union is to complement and support national health policies, encourage cooperation between Member States and promote the coordination between their programmes, in full respect of the responsibilities of the Member States for the definition ofcompetent authorities in each Member State to define their own health policiesy and theo organisation and delivery ofe, deliver and manage health services and medical care.
2020/07/17
Committee: BUDG
Amendment 57 #

2020/0102(COD)

Proposal for a regulation
Recital 6
(6) While Member States are responsible for their health policies, they are expected to protect public health in a spirit of European solidarity8 . Experience from the ongoing COVID-19 crisis has demonstrated that there is a need for a further firm action at Union levelscope for the Union to better deliver on public health policy within the existing parameters of the Treaties to support cooperation and coordination among the Member States in order to improve the prevention and control of the spread of severe human diseases across borders, to develop, test and make available products for the prevention and treatment of diseases, to combat other serious cross- border threats to health and to safeguard the health and well-being of people in the Union. _________________ 8 Communication to the European Parliament, the European Council, the Council, the European Central Bank, the European Investment Bank and the Eurogroup on coordinated economic response to the COVID-19 outbreak, COM(2020)112 final of 13.03.220.
2020/07/17
Committee: BUDG
Amendment 65 #

2020/0102(COD)

Proposal for a regulation
Recital 13
(13) The COVID-19 crisis has highlighted many challenges in ensuring the supply of medicines, medical devices as well as personal protective equipment needed in the Union during the pandemics. Noting, in particular, its dependency on third countries for manufacturing capacity, the supply of active pharmaceutical ingredients and starting materials. The Programme therefore should provide support to actions which foster the production, procurement and management of crisis relevant products ensuring complementarity with other Union instruments.
2020/07/17
Committee: BUDG
Amendment 71 #

2020/0102(COD)

Proposal for a regulation
Recital 20
(20) The Programme will work in synergy and complementarity with other EU policies, programmes and funds such as actions implemented under the Digital Europe Programme, Horizon Europe, rescEU reserve under the Union Civil Protection Mechanism, Emergency Support Instrument, European Social Fund+ (ESF+, including as regards synergies on better protecting the health and safety of millions of workers in the EU), including the Employment and Social Innovation Strand (EaSI), the InvestEU fund, Single Market Programme, European Regional Development Fund (ERDF), Recovery and Resilience Facility including the Reform Delivery Tool, Erasmus, European Solidarity Corps, Support to mitigate Unemployment Risks in an Emergency (SURE), and EU external action instruments, such as the Neighbourhood, Development and International Cooperation Instrument and the Instrument for Pre-accession Assistance III. Where appropriate, common rules will be established in view of ensuring consistency and complementarity between funds, avoiding any overlap or duplication of financing, while making sure that specificities of these policies are respected, and in view of aligning with the strategic requirements of these policies, programmes and funds, such as the enabling conditions under ERDF and ESF+.
2020/07/17
Committee: BUDG
Amendment 74 #

2020/0102(COD)

Proposal for a regulation
Recital 25
(25) The Union health legislation has an immediate impact on public health, the lives of citizens, the efficiency and resilience of the health systems and the good functioning of the internal market. The regulatory framework for medical products and technologies (medicinal products, medical devices and substances of human origin), as well as for tobacco legislation, patients’ rights in cross-border healthcare and serious cross-border threats to health is essential to health protection in the Union. The Programme therefore should support the development, implementation and enforcement of Union health legislation, working in conjunction with key partners such as the European Medicines Agency and the European Centre for Disease Prevention and Control, and provide high quality, comparable and reliable data to underpin policymaking and monitoring.
2020/07/17
Committee: BUDG
Amendment 85 #

2020/0102(COD)

Proposal for a regulation
Article 4 – paragraph 1 – point 1
(1) strengthen the capability of the Unionin full accordance with Article 168(5) of the Treaty on the functioning of the European Union, strengthen the capability of the Union, including the European Medicines Agency and the European Centre for Disease Control, for prevention, preparedness and response to serious cross-border threats to health, and the management of health crises, including through coordination, provision and deployment of emergency health care capacity, data gathering and surveillance;
2020/07/17
Committee: BUDG
Amendment 91 #

2020/0102(COD)

Proposal for a regulation
Article 8 – paragraph 1
1. The Programme shall be implemented in direct management in accordance with Regulation (EU, Euratom) 2018/1046 or in indirect management with the bodies referred to in Article 62(1) (c) of Regulation (EU, Euratom) 2018/1046, to ensure there is no overlap or duplication with other funding programmes at the Union level.
2020/07/17
Committee: BUDG
Amendment 96 #

2020/0102(COD)

Proposal for a regulation
Article 18 – paragraph 1
The Programme shall be implemented byCommission shall adopt, by means of implementing acts in accordance with article 23 (2), annual work programmes referred to in Article 110 of Regulation (EU, Euratom) 2018/1046. Work programmes shall set out, where applicable, the overall amount reserved for blending operations.
2020/07/17
Committee: BUDG
Amendment 89 #

2020/0066(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 3
Regulation (EU) No 575/2013
Article 500a – paragraph 1
By way of derogation from Article 47c(3), until [date of entry into force of this amending Regulation + 7 years] the factors set out in Article 47c(4) shall also apply to the part of the non-performing exposure guaranteed or counter-guaranteed by an eligible provider referred to in points (a) to (e) of Article 201(1), where, subject to compliance with Union State aid rules, where applicable, the guarantee or counter- guarantee is provided as part of support measures to assist borrowers amid the COVID-19 pandemic. The following additional conditions apply to this derogation: (a) eligible public providers referred to in point b of art 201(1) are treated as exposures to the central government in whose jurisdiction they are established under Article 115(2) that would be assigned a 0%- risk weight under Part Three, Title II, Chapter 2; (b) eligible public providers referred to in point e of art 201(1) are treated as exposures to the central government in whose jurisdiction they are established under Article 116(4) that would be assigned a 0%- risk weight under Part Three, Title II, Chapter 2; (c) eligible guarantors referred to in points c and d of art 201(1) would be assigned a 0%- risk weight under Part Three, Title II, Chapter 2.
2020/05/27
Committee: ECON
Amendment 93 #

2020/0066(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 3
1a. By way of derogation from Article 114(2), for exposures to the central governments and central banks of Member States denominated and funded in the domestic currency of another Member State: (a) until 31 December 2022, the risk weight applied to the exposure values shall be 0 % of the risk weight assigned to those exposures in accordance with Article 114(2); (b) during the period from 1 January 2023 to 31 December 2023, the risk weight applied to the exposure values shall be 20 % of the risk weight assigned to those exposures in accordance with Article 114(2); (c) during the period from 1 January 2024 to 31 December 2024, the risk weight applied to the exposure values shall be 50 % of the risk weight assigned to those exposures in accordance with Article 114(2); (d) during the period beginning 1 January 2025 and thereafter, the risk weight applied to the exposure values shall be 100 % of the risk weight assigned to those exposures in accordance with Article 114(2).
2020/05/27
Committee: ECON
Amendment 98 #

2020/0066(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 3
Regulation (EU) No 575/2013
Article 500a – paragraph 1b (new)
1b. By way of derogation from Articles 395(1) and 493(4), competent authorities may allow institutions to incur exposures referred to in paragraph 1 of this Article, up to the following limits: (a) 100 % of the institution’s Tier 1 capital until 31 December 2023; (b) 75 % of the institution’s Tier 1 capital until 31 December 2024; (c) 50 % of the institution’s Tier 1 capital until 31 December 2025. The limits referred to in points (a), (b) and (c) of the first subparagraph of this paragraph shall apply to exposure values after taking into account the effect of the credit risk mitigation in accordance with Articles 399 to 403.
2020/05/27
Committee: ECON
Amendment 64 #

2020/0036(COD)

Proposal for a regulation
Citation 5 a (new)
Having regard to the non-paper and the formal legal opinion of the European Parliament's Legal Service on the exercise of the delegation of power;
2020/06/04
Committee: TRAN
Amendment 86 #

2020/0036(COD)

Proposal for a regulation
Recital 6
(6) Achieving climate neutrality should require a contribution from all economic sectors, including aviation and maritime transport. In light of the importance of energy production and consumption on greenhouse gas emissions, the transition to a sustainable, affordable and secure energy system relying on a well-functioning internal energy market is essential. Nuclear energy plays a role in meeting the objective of climate neutrality at EU level by 2050, as the second largest source of low-carbon electricity production globally (after hydropower). Failure to invest in this technology will make the low carbon transition significantly harder and more costly. The digital transformation, technological innovation, and research and development are also importantthe main drivers for achieving the climate-neutrality objective. It remains crucial not to exclude a priori certain technologies.
2020/06/04
Committee: TRAN
Amendment 98 #

2020/0036(COD)

Proposal for a regulation
Recital 6 a (new)
(6 a) Over half of CO2 emissions are material related. The transition to a circular economy is crucial to ensure the retention of value throughout various chains and to close material loops.
2020/06/04
Committee: TRAN
Amendment 103 #

2020/0036(COD)

Proposal for a regulation
Recital 10
(10) Climate change is a global challenge, which requires international cooperation and similar efforts from various parties. The Union is a global leader in the transition towards climate neutrality, and is determined to help raise global ambition and to strengthen the global response to climate change, using all tools at its disposal, including climate diplomacy. A realistic approach which actually fosters sustainable, competitive growth and prosperity is crucial.
2020/06/04
Committee: TRAN
Amendment 109 #

2020/0036(COD)

Proposal for a regulation
Recital 11
(11) The European Parliament called for the necessary transition to a climate-neutral society by 2050 at the latest and for this to be made into a European success story33 and has declared a climate and environment emergency3433 . The European Council, in its Conclusions of 12 December 201935 , has agreed on the objective of achieving a climate-neutral Union by 2050, in line with the objectives of the Paris Agreement, while also recognising that it is necessary to put in place an enabling framework and that the transition will require significant public and private investment. The European Council also invited the Commission to prepare a proposal for the Union’s long- term strategy as early as possible in 2020 with a view to its adoption by the Council and its submission to the United Nations Framework Convention on Climate Change. _________________ 33European Parliament resolution of 15 January 2020 on the European Green Deal (2019/2956(RSP)). 34European Parliament resolution of 28 November 2019 on the climate and environment emergency (2019/2930(RSP)). 35 Conclusions adopted by the European Council at its meeting on 12 December 2019, EUCO 29/19, CO EUR 31, CONCL 9.
2020/06/04
Committee: TRAN
Amendment 120 #

2020/0036(COD)

Proposal for a regulation
Recital 12
(12) The Union should aim to achieve a balance between anthropogenic economy- wide emissions and removals, through natural and technological solutions, of greenhouse gases domestically within the Unionat EU level by 2050. The Union-wide 2050 climate-neutrality objective should be pursued by all Member States collectively, and the Member States, the European Parliament, the Council and the Commission should take the necessary measures to enable its achievement. Measures at Union level will constitute an important part of the measures needed to achieve the objective.
2020/06/04
Committee: TRAN
Amendment 149 #

2020/0036(COD)

Proposal for a regulation
Recital 17
(17) The Commission, in its Communication ‘The European Green Deal’, announced its intention to assess and make proposals for increasing the Union’s greenhouse gas emission reduction target for 2030 to ensure its consistency with the climate-neutrality objective for 2050. In that Communication, the Commission underlined that all Union policies should contribute to the climate-neutrality objective and that all sectors should play their part. By September 2020, the Commission should, based on a comprehensive and robust impact assessment, taking into account the socio- economic impact of the COVID-19-crisis and taking into account its analysis of the integrated national energy and climate plans submitted to the Commission in accordance with Regulation (EU) 2018/1999 of the European Parliament and of the Council36 , review the Union’s 2030 target for climate and explore options for a new 2030 target of 50 to 55 % emission reductions compared with 1990 levels. Where it considers necessary to amend the Union’s 2030 target, it should make proposals to the European Parliament and to the Council to amend this Regulation as appropriate. In addition, the Commission should, by 30 June 2021, assess how the Union legislation implementing that target would need to be amended in order to achieve emission reductions of 50 to 55 % compared to 1990. _________________ 36Regulation (EU) 2018/1999 of the European Parliament and of the Council of 11 December 2018 on the Governance of the Energy Union and Climate Action, amending Regulations (EC) No 663/2009 and (EC) No 715/2009 of the European Parliament and of the Council, Directives 94/22/EC, 98/70/EC, 2009/31/EC, 2009/73/EC, 2010/31/EU, 2012/27/EU and 2013/30/EU of the European Parliament and of the Council, Council Directives 2009/119/EC and (EU) 2015/652 and repealing Regulation (EU) No 525/2013 of the European Parliament and of the Council (OJ L 328, 21.12.2018, p. 1).
2020/06/04
Committee: TRAN
Amendment 154 #

2020/0036(COD)

Proposal for a regulation
Recital 17 a (new)
(17 a) Member States remain responsible for their own emission reduction commitments and cost-efficient contributions to the EU's climate neutrality objective, spelled out in their long-term strategies.
2020/06/04
Committee: TRAN
Amendment 161 #

2020/0036(COD)

Proposal for a regulation
Recital 18
(18) To ensure the Union and the Member States remain on track to achieve the climate-neutrality objective at EU level and progress on adaptation, the Commission should regularly assess progress. Should the collective progress made by Member States towards the achievement of the climate-neutrality objectiveir long-term strategies or on adaptation be insufficient or Union measures inconsistent with the climate- neutrality objective at EU level or inadequate to enhance adaptive capacity, strengthen resilience or reduce vulnerability, the Commission should take the necessary measures in accordance with the Treaties. The Commission should also regularly assess relevant national measures, and issue recommendations where it finds that a Member State’s measures are inconsistent with the climate-neutrality objectiveir long-term strategies or inadequate to enhance adaptive capacity, strengthen resilience and reduce vulnerability to climate change.
2020/06/04
Committee: TRAN
Amendment 180 #

2020/0036(COD)

Proposal for a regulation
Recital 21
(21) In order to provide predictability and confidence for all economic actors, including businesses, workers, investors and consumers, to ensure that the transition towards climate neutrality is irreversible, to ensure gradual reduction over time and to assist in the assessment of the consistency of measures and progress with the climate- neutrality objective, the power to adopt acts in accordance with Article 290 of the Treaty on the Functioning of the European Union should be delegated to the Commission to set out a trajectory for achieving net zero greenhouse gas emissions in the Union by 2050. It is of particular importance that the Commission carries out appropriate consultations during its preparatory work, including at expert level, and that those consultations be conducted in accordance with the principles laid down in the Interinstitutional Agreement of 13 April 2016 on Better Law-Making37 . In particular, to ensure equal participation in the preparation of delegated acts, the European Parliament and the Council receive all documents at the same time as Member States' experts, and their experts systematically have access to meetings of Commission expert groups dealing with the preparation of delegated acts. _________________ 37 OJ L 123, 12.5.2016, p. 1Commission should assess the options for a trajectory for achieving net zero greenhouse gas emissions at EU level by 2050. Consequently, the Commission can bring forward legislative proposals to the European Parliament and the Council, where appropriate.
2020/06/04
Committee: TRAN
Amendment 209 #

2020/0036(COD)

Proposal for a regulation
Article 1 – paragraph 1
This Regulation establishes a framework for the irreversible and gradual reduction of greenhouse gas emissions and enhancement of removals by natural or other sinks in the Unionat EU level.
2020/06/04
Committee: TRAN
Amendment 216 #

2020/0036(COD)

Proposal for a regulation
Article 1 – paragraph 2
This Regulation sets out a binding objective of climate neutrality in the Unionat EU level by 2050 in pursuit of the long-term temperature goal set out in Article 2 of the Paris Agreement, and provides a framework for achieving progress in pursuit of the global adaptation goal established in Article 7 of the Paris Agreement.
2020/06/04
Committee: TRAN
Amendment 230 #

2020/0036(COD)

Proposal for a regulation
Article 2 – paragraph 2
2. The relevant Union institutions and the Member States shall take the necessary measures at Union and national level respectively, to enable the collective achievement of the climate-neutrality objective at EU level set out in paragraph 1, taking into account the importance of promoting fairness and solidarity among Member States, the principle of cost- efficiency and Member States' potential for CO2 storage.
2020/06/04
Committee: TRAN
Amendment 239 #

2020/0036(COD)

Proposal for a regulation
Article 2 – paragraph 2 a (new)
2 a. Member States remain responsible for their own emission reduction commitments. Member States define their contribution to the objective of climate neutrality at EU level in their long-term strategies;
2020/06/04
Committee: TRAN
Amendment 248 #

2020/0036(COD)

Proposal for a regulation
Article 2 – paragraph 3
3. By September 2020, based on a comprehensive and robust impact assessment which takes into account the socio-economic impact of the COVID-19- crisis, the Commission shall review the Union’s 2030 target for climate referred to in Article 2(11) of Regulation (EU) 2018/1999 in light of the climate-neutrality objective set out in Article 2(1), and explore options for a new 2030 target of 50 to 55% emission reductions compared to 1990. Where the Commission considers that it is necessary to amend that target, it shall make proposals to the European Parliament and to the Council as appropriate.
2020/06/04
Committee: TRAN
Amendment 263 #

2020/0036(COD)

Proposal for a regulation
Article 2 – paragraph 4
4. By 30 June 2021, the Commission shall assess how the Union legislation implementing the Union’s 2030 target would need to be amended in order to enable the achievement of 50 to 55 % emission reductions compared to 1990 and to achieve the climate-neutrality-objective set out in Article 2(1), and consider taking the necessary measures, including the adoption of legislative proposals, in accordance with the Treaties.
2020/06/04
Committee: TRAN
Amendment 284 #

2020/0036(COD)

Proposal for a regulation
Article 3 – paragraph 1
1. The Commission is empowered to adopt delegated acts in accordance with Article 9 to supplement this Regulation by setting outshall assess the options for a trajectory at Union level to achieve the climate-neutrality objective at EU level set out in Article 2(1) until 2050 and bring forward legislative proposals where appropriate. At the latest within six months after each global stocktake referred to in Article 14 of the Paris Agreement, the Commission shall review the trajectory and bring forward legislative proposals where appropriate.
2020/06/04
Committee: TRAN
Amendment 380 #

2020/0036(COD)

Proposal for a regulation
Article 6 – paragraph 1 – subparagraph 1 – point a
(a) the consistency of national measures identifwith Member States' long-term strategieds, on the basis of the National Energy and Climate Plans or the Biennial Progress Reports submitted in accordance with Regulation (EU) 2018/1999, identified as relevant for the achievement of the climate-neutrality objective set out in Article 2(1) with that objective as expressed by the trajectory referred to in Article 3(1);
2020/06/04
Committee: TRAN
Amendment 389 #

2020/0036(COD)

Proposal for a regulation
Article 6 – paragraph 2
2. Where the Commission finds, under due consideration of the collective progress assessed in accordance with Article 5(1), that a Member State’s measures are inconsistent with that objective as expressed by the trajectory referred to in Article 3(1)eir long-term strategies or inadequate to ensure progress on adaptation as referred to in Article 4, it may issue recommendations to that Member State. The Commission shall make such recommendations publicly available.
2020/06/04
Committee: TRAN
Amendment 415 #

2020/0036(COD)

Proposal for a regulation
Article 9
1. The power to adopt delegated acts referred to in Article 3(1) is conferred on the Commission subject to the conditions laid down in this Article. 2. The power to adopt delegated acts referred to in Article 3(1) shall be conferred on the Commission for an indeterminate period of time from …[OP: date of entry into force of this Regulation]. 3. The delegation of power referred to in Article 3(1) may be revoked at any time by the European Parliament or by the Council. A decision to revoke shall put an end to the delegation of the power specified in that decision. It shall take effect the day following the publication of the decision in the Official Journal of the European Union or at a later date specified therein. It shall not affect the validity of any delegated acts already in force. 4. Before adopting a delegated act, the Commission shall consult experts designated by each Member State in accordance with the principles laid down in the Interinstitutional Agreement of 13 April 2016 on Better Law-Making. 5. As soon as it adopts a delegated act, the Commission shall notify it simultaneously to the European Parliament and to the Council. 6. A delegated act adopted pursuant to Article 3 shall enter into force only if no objection has been expressed either by the European Parliament or the Council within a period of two months of notification of that act to the European Parliament and to the Council or if, before the expiry of that period, the European Parliament and the Council have both informed the Commission that they will not object. That period shall be extended by two months at the initiative of the European Parliament or of the Council.Article 9 deleted Exercise of the delegation
2020/06/04
Committee: TRAN
Amendment 59 #

2019/2214(BUD)

Motion for a resolution
Paragraph 24
24. Recalls the need to find a solution for a single seat for the Parliament at a vast majority of Parliament expressed in various resolutions support for a single seat to ensure efficient spending order to optimise parliamentary and institutional work and reduce significant political and financial costs and the carbon footprif Union taxpayers money and to assume its institutional responsibility to reduce its carbon footprint; notes that the Court of Auditors estimated that moving from Strasbourg to Brussels could generate annual savings of EUR 114 million plus a one-off saving of EUR 616 million if the Strasbourg buildings are successfully divested, or a one-off cost of EUR 40 million if they are not; therefore recalls the need to find a solution for a single seat for the Parliament;
2020/03/12
Committee: BUDG
Amendment 98 #

2019/2214(BUD)

Motion for a resolution
Paragraph 35 a (new)
35 a. Notes that the voluntary pension scheme has an estimated actuarial deficit of EUR 286,1 million at the end of 2018; further notes that at the end of 2018, the amount of net assets to be taken into account and the actuarial commitment amount to EUR 112,3 million and EUR 398,4 million respectively; as such notes that the assets barely cover 28% of the commitments of the pension scheme; recalls that the projected future liabilities are spread over several decades but notes that the total amount paid by the voluntary pension fund in 2018 amounts to EUR 17,8 million;
2020/03/12
Committee: BUDG
Amendment 100 #

2019/2214(BUD)

Motion for a resolution
Paragraph 35 b (new)
35 b. Strongly supports the results of a meeting of 10 December 2018, where the Bureau decided to modify the rules applicable to the pension scheme by increasing the retirement age from 63 to 65 years and introducing a levy of 5% to pension payments for future pensioners with a view to improve its sustainability; notes that it is estimated these rule changes adopted by the Bureau reduced the actuarial deficit by EUR 13,3 million, endorses the Bureau’s decision as a positive step;
2020/03/12
Committee: BUDG
Amendment 102 #

2019/2214(BUD)

Motion for a resolution
Paragraph 36
36. RecallsPoints out that this raises concerns about the possible exhaustion of the Voluntary Pension Fund; notes that Article 27(1) and (2) of the Statute for Members which states that “the voluntary pension fund set up by Parliament shall be maintained after the entry into force of this Statute for Members or former Members who have already acquired rights or future entitlements in that fund” and that “acquired rights and future entitlements shall be maintained in full”; calls upon the Secretary-General and the Bureau to fully respect the Statute for Members; and to establish with the pension fund a clear plan for Parliament assuming and taking overexhaust all possible avenues to find a fair solution to the problem while keeping Parliament’s liability to a minimum, as taxpayers’ money its obligations and responsibilities for its Members’ voluntary pension scheme; supports the request from the Bureau to instruct the Secretary-General to investigate ways to ensure a sustainable financing of the Voluntary Pension Fund in accordance with the provisions of the Statute foinvolved; appeals on the ethical and economic conscience and the common sense of the board of directors, the Bureau and the members of the fund; explicitly invites all members of the fund to cancel their Mmembers while ensuring full transparencyhip and have their individual contributions refunded;
2020/03/12
Committee: BUDG
Amendment 104 #

2019/2214(BUD)

Motion for a resolution
Paragraph 36 a (new)
36 a. Recalls that the fund was set up in 1990 to provide Members with an additional pension scheme on a voluntary basis; recalls that before the Members statute, which was introduced in 2009, Members were already eligible for a pension equivalent to those of their colleagues in the national parliaments, with the exception of Italian, French and Luxemburgish Members, who could therefore contribute to a special pension scheme of the European Parliament, which was created in 1981 solely for the needs of the aforementioned three nationalities; recalls therefore that the Voluntary Pension Fund has always constituted a purely supplementary pension;
2020/03/12
Committee: BUDG
Amendment 25 #

2019/2211(INI)

Motion for a resolution
Recital -A (new)
-A. whereas the EU’s low productivity and global competitiveness require urgent structural reforms and fiscal discipline aiming at growth, employment and increased convergence within the EU;
2020/01/27
Committee: ECON
Amendment 26 #

2019/2211(INI)

Motion for a resolution
Recital -A a (new)
-A a. whereas in order to achieve sustainable growth the EU needs to shift from rather experimental, unprecedented and unsustainable monetary policies to conventional, evidence based and growth- friendly investment, a comprehensive and non-selective implementation of the SGP, and structural reforms;
2020/01/27
Committee: ECON
Amendment 27 #

2019/2211(INI)

Motion for a resolution
Recital -A b (new)
-A b. whereas persisting high levels of public debt represent a drag on growth, greater risk of a fiscal crisis, lower national savings and income and lead to large tax hikes;
2020/01/27
Committee: ECON
Amendment 28 #

2019/2211(INI)

Motion for a resolution
Recital -A c (new)
-A c. whereas debt reduction measures have been slow in a number of Member States;
2020/01/27
Committee: ECON
Amendment 29 #

2019/2211(INI)

Motion for a resolution
Recital -A d (new)
-A d. whereas five euro area Member States with high debt-to-GDP ratios are forecast to have a sizeable structural deficit in 2020;
2020/01/27
Committee: ECON
Amendment 37 #

2019/2211(INI)

Motion for a resolution
Recital A
A. whereas the improvement in the economic situationd economic discipline and stability and low interest rates provide an opportunity to implement ambitiousnecessary reforms, in particular measures aimed at encouraging effective public investment to tackle climate change and its social consequences and create full-time jobs;
2020/01/27
Committee: ECON
Amendment 40 #

2019/2211(INI)

Motion for a resolution
Recital A a (new)
A a. whereas structural reforms in the Member States are needed in order to create the conditions for sustainable growth;
2020/01/27
Committee: ECON
Amendment 42 #

2019/2211(INI)

Motion for a resolution
Recital A b (new)
A b. whereas close to zero interest rates severely distort the intertemporal allocation of capital; whereas a flat yield curve severely damages the traditional borrowing and lending business model of banks and drives them into riskier business activities;
2020/01/27
Committee: ECON
Amendment 44 #

2019/2211(INI)

Motion for a resolution
Recital A c (new)
A c. whereas the unemployment rate in the EU is below the pre-crisis level and the unemployment rate in the euro area is still above the pre-crisis level;
2020/01/27
Committee: ECON
Amendment 59 #

2019/2211(INI)

Motion for a resolution
Recital C
C. having regard to the need for a European Climate Law with a legally binding goal of reaching net zero greenhouse gas emissions by 2050 at the latest and an intermediate target of at least 65 % for 2030;deleted
2020/01/27
Committee: ECON
Amendment 84 #

2019/2211(INI)

Motion for a resolution
Paragraph 1
1. Notes that, in view of the climate change emergency, the EU’s Annual Growth Survey (AGS) has now been renamed the Annual Sustainable Growth Survey (ASGS), and considers that this implies a change in the positioning of the report and the implementation of ecological indicators; stresses however that this change must comply with the valid fiscal rules;
2020/01/27
Committee: ECON
Amendment 99 #

2019/2211(INI)

Motion for a resolution
Paragraph 2
2. Notes the role of the European Green Deal as the EU’s new strategy defining ecological issues and the wellbeing of citizens as principal goals for the Union; notes, with regard to the scope of the European Semester, the inclusion of the SDGs and of the principles of the European Pillar of Social Rights (EPSR), which will require the adjustment of existing indicators and the creation of new ones to monitor the implementation of EU economic, environmental and social policies, as well as coherence between policy goals and budgetary means; notes the need to implement long-term planning to tackle climate change;
2020/01/27
Committee: ECON
Amendment 116 #

2019/2211(INI)

3. Considers achieving a fair transition to climate neutrality to be a major responsibility for the EU’s citizens and economy and its role in the world; calls for appropriate support and policies, with involvement for and of the public, the various sectors, regions and Member States with a view to benefiting from this transformation and making it a success; calls on the Commission to undertake an annual evaluation of the Union’s ecological debt, carbon budget and imported emissions;
2020/01/27
Committee: ECON
Amendment 138 #

2019/2211(INI)

Motion for a resolution
Paragraph 4
4. Notes that the euro area is going through a prolonged period of subdued growth (1.1 % in the euro area and 1.4% in the EU as a whole in 2019 with significant differences between Member States from 0.1 % to 5.6 %), with growth in the euro area in 2020 and 2021 forecast at 1.2 % and for the EU in 2020 and 2021 forecast at 1.4 %; also notes that the inflation rate is forecast to further slow down, to 1.2 % in 2019 and 2020, in a context of high uncertainty due to geopolitical tensions and Brexit; is concerned at the high level of both public and private debt;
2020/01/27
Committee: ECON
Amendment 150 #

2019/2211(INI)

Motion for a resolution
Paragraph 5
5. Is concerned that post-crisis investment has been on a downward path in the EU in spite of historically low interest rates, currently standing at 3.4 %, with overall infrastructure investment now at about 75 % of its pre-crisis level; notes that monetary policy of low interest rates has not helped to increase the level of investments to pre-crisis level; whereas 80 % of the shortfall is the result of cutbacks in the public sector, which have occurred particularly in countries subject to adverse macroeconomic conditions and the more severe fiscal constraints imposed on disadvantaged regions already characterised by poor infrastructure quality and weak socio- economic outcomes, but also, and surprisingly, in countries with a large fiscal space;
2020/01/27
Committee: ECON
Amendment 152 #

2019/2211(INI)

Motion for a resolution
Paragraph 5 a (new)
5 a. Emphasises that reliable investment requires a regulatory environment that allows for a return on investment; considers that predictable rules, a level playing field and reduced compliance costs are crucial factors for attracting investment;
2020/01/27
Committee: ECON
Amendment 163 #

2019/2211(INI)

Motion for a resolution
Paragraph 6
6. Endorses the conclusion of the European Fiscal Board (EFB) that the fiscal framework has not protected the quality of public expenditure, and welcomes the EFB’s proposal for a ‘golden rule’ to protect public investment; calls, therefore, for the reform of the Stability and Growth Pact and the introduction of a golden rule aimed at implementing sound fiscal policy on an equal footing with investment within the EU’s policy objectives; whereas this should cover the investment foreseen for the realisation of the Green Deal, the Digital Revolution, the SDGs and the EPSR Rights, including expenditure aimed at reducing poverty and inequality related to social protection, health services and long-term care, and education and training; highlights that public investments are limited as they represent scarce resources mostly funded by the taxpayers; calls on the Commission to prioritise the public investments according to their efficiency in order to support economic growth;
2020/01/27
Committee: ECON
Amendment 189 #

2019/2211(INI)

Motion for a resolution
Paragraph 7 b (new)
7 b. warns that boosting investment should not be seen as an alternative to productivity-enhancing reforms;
2020/01/27
Committee: ECON
Amendment 190 #

2019/2211(INI)

Motion for a resolution
Paragraph 8
8. Calls for a European Green Industrial Strategy;deleted
2020/01/27
Committee: ECON
Amendment 205 #

2019/2211(INI)

Motion for a resolution
Paragraph 8 a (new)
8 a. Notes with concern that the EU share of global foreign direct investments flows have fallen significantly since the crisis;
2020/01/27
Committee: ECON
Amendment 206 #

2019/2211(INI)

Motion for a resolution
Paragraph 8 b (new)
8 b. Stresses that principle of value for money should represent the cornerstone of all EU funded investments; points out that EU funding should be accompanied by measurable objectives and outputs including a quantifiable and comparable evaluation mechanism that will allow to compare and rank the efficiency of individual EU programmes; underlines the importance of accountability and transparency for bodies that receive EU funding;
2020/01/27
Committee: ECON
Amendment 208 #

2019/2211(INI)

Motion for a resolution
Paragraph 9
9. Shares the concern expressed in others of the EFB’s conclusions regarding the pro-cyclical elements in the EU fiscal rules, which forced Member States to adjust their economies in a poor or difficult economic situation, failing to improve the quality of public finance and promote investment; welcomes the EFB’s recommendation of a seven-year cycle mirroring the MFF so as to better coordinate Member States’ public accounts, and especially investment;deleted
2020/01/27
Committee: ECON
Amendment 214 #

2019/2211(INI)

Motion for a resolution
Paragraph 9 a (new)
9 a. Underlines that implementation of the Green deal shall not distort the long- term sustainability of public finances and shall be in full compliance with the Stability and Growth Pact and with short- term macroeconomic stabilisation;
2020/01/27
Committee: ECON
Amendment 222 #

2019/2211(INI)

Motion for a resolution
Paragraph 10
10. NoteRegrets that the debt levels of all the Member States are above the pre-crisis level and are expected to exceed 60 % GDP in 2021; further notes that in six Member States the ratio will be higher than 90 %; highlights the fact that the fiscal rules have not contributed to bringing down the debt levels of highly indebted countries but have, rather, increased them GDP; underlines that debt levels may be hard to sustain if and when interest rates return to normal levels;
2020/01/27
Committee: ECON
Amendment 225 #

2019/2211(INI)

Motion for a resolution
Paragraph 10 a (new)
10 a. Recalls the need to reduce the levels of public debt to help the European economies to be more resilient to shocks, especially in highly indebted countries; warns about higher financing costs in the future once monetary policy accommodation is reduced, especially in the euro area;
2020/01/27
Committee: ECON
Amendment 226 #

2019/2211(INI)

Motion for a resolution
Paragraph 10 b (new)
10 b. Recalls that growth-friendly structural reforms do not require fiscal space but rather political, legislative and administrative efforts aimed at strengthening market forces and private sector initiatives;
2020/01/27
Committee: ECON
Amendment 233 #

2019/2211(INI)

Motion for a resolution
Paragraph 11
11. Supports flexibility in the implementation of the SGP as proposed by the Commission in 2015; considers that much more flexibility should be introduced in order to booPoints out that acquis communautaire and other common measures, including fiscal rules, shall be respected and regrets long last investment and ecological transition in the EU; calls, therefore, for the reform of the SGP and the introduction of a euro area fiscal capacityg selective non-compliance with common EU rules; calls, therefore, for the full and unambiguous implementation of the SGP;
2020/01/27
Committee: ECON
Amendment 239 #

2019/2211(INI)

Motion for a resolution
Paragraph 12
12. Reiterates its call for a European stabilisation function and a European unemployment benefit reinsurance scheme, with a view to protecting citizens and reducing pressure on public finances during external shocks so as to overcome social and economic imbalances;deleted
2020/01/27
Committee: ECON
Amendment 258 #

2019/2211(INI)

Motion for a resolution
Paragraph 13
13. Notes that the Commission warranted in-depth reviews for 13 Member States identified as having imbalances; supports the suggestion made in the Alert Mechanism Report (AMR) 2020 that a rebalancing of current account deficits and surpluses in the euro area is needed urgently and would be beneficial for all Member Statesnotes that in such environment the required adjustment for some Member States seeking improvement of intra-EU competitiveness becomes much harder to achieve;
2020/01/27
Committee: ECON
Amendment 269 #

2019/2211(INI)

Motion for a resolution
Paragraph 14
14. Is concerned about the accelerating rise in house prices as a consequence of ECB’s monetary policy;
2020/01/27
Committee: ECON
Amendment 279 #

2019/2211(INI)

Motion for a resolution
Paragraph 15
15. Recalls the importance of the efficient regulation of the banking and financial sectors in order to prevent a new crisis; believes that such regulation must integrate the ecological situation; emphasises the importance of completing the Banking Union and the need to reform the European Stability Mechanism;
2020/01/27
Committee: ECON
Amendment 308 #

2019/2211(INI)

Motion for a resolution
Paragraph 16
16. CRecalls forthat qualified majority voting in Council on tax matters would infringe the sovereign Member States competence;
2020/01/27
Committee: ECON
Amendment 313 #

2019/2211(INI)

Motion for a resolution
Paragraph 16 a (new)
16 a. Stresses that to stay competitive with the world, the economic systems of Member States need to stay in competition with one another; therefore asks the Commission for comprehensive assessment of the effectiveness of European tax systems through comparable indicators and voluntary application of best practices among Member States which would take into account differences in European economies, different traditions, different developments and different expectations of its citizens;
2020/01/27
Committee: ECON
Amendment 318 #

2019/2211(INI)

Motion for a resolution
Paragraph 17
17. Calls for the systematic inclusion of tax matters in the Country Specific Recommendations (CSRs), with the aim of ensuring economic coherence across EU Member States as well as the fairness of EU tax systems; believes that the CSRs could ensure a fair balance between sources of revenue and should also include innovative elements aiming at promoting the Green Deal; further; believes that they should also support Member States in tackling tax avoidance and aggressive tax planning;
2020/01/27
Committee: ECON
Amendment 334 #

2019/2211(INI)

Motion for a resolution
Paragraph 17 a (new)
17 a. Recalls that high levels of taxation in Europe are a hindrance to investments and jobs; supports the Commission’s initiatives to achieve increased transparency and a reformed VAT system;
2020/01/27
Committee: ECON
Amendment 352 #

2019/2211(INI)

Motion for a resolution
Paragraph 19
19. Stresses that, according to the EU Labour Force Survey, there are 8.3 million involuntary part-time workers in the EU, two thirds of them women; requests the Commission to undertake a study to analyse the impact of this development on pension systems and public finances taking into account the influence of tax wedge on the share of part-time workers;
2020/01/27
Committee: ECON
Amendment 355 #

2019/2211(INI)

Motion for a resolution
Paragraph 20
20. Takes note of AMR 2020’s finding that wage growth at euro area level remains below what would be expected at the current levels of unemployment on the basis of historical data, and that this affects the inflation rate; highlights that the currently low productivity and inflation together with structural reforms transferring collective bargaining to the enterprise level are detrimental to wage growth and are leading to greater income inequality and an increase in the numbers of working poor, with in-work poverty affecting almost one in ten workers in Europe; accordingly advocates wage growth;deleted
2020/01/27
Committee: ECON
Amendment 370 #

2019/2211(INI)

Motion for a resolution
Paragraph 21
21. Agrees that it is a matter of great concern that income inequality is above pre-crisis levels in some countries, being frequently linked to unequal opportunities in access to education, training and social protection; welcomes in this regards the efforts of those Member States that are shifting away from the high tax burden on labour in Europe;
2020/01/27
Committee: ECON
Amendment 374 #

2019/2211(INI)

Motion for a resolution
Paragraph 22
22. Underlines the fact that the number of people at risk of poverty or social exclusion stands, on 2017 figures, at 113 million, or 22.5 % of the population and welcomes the decrease to 21.9% in 2018;
2020/01/27
Committee: ECON
Amendment 381 #

2019/2211(INI)

Motion for a resolution
Paragraph 23
23. Stresses that equality between women and men, gender mainstreaming and gender budgeting must become key elements of the European Semester, leading to action on gender pay, gender career development and the gender pension gap (which currently stands at 40 % in the EU);deleted
2020/01/27
Committee: ECON
Amendment 385 #

2019/2211(INI)

Motion for a resolution
Paragraph 24
24. Welcomes the ASGS 2020’s proposals for fostering social and regional convergence towards better living and working conditions in the EU;deleted
2020/01/27
Committee: ECON
Amendment 389 #

2019/2211(INI)

Motion for a resolution
Paragraph 24 a (new)
24 a. Demands the necessary respect for the principles of subsidiarity and proportionality; stresses that in line with the Treaties, Member States must continue to have sufficient flexibility in implementing an appropriate social policy;
2020/01/27
Committee: ECON
Amendment 391 #

2019/2211(INI)

Motion for a resolution
Paragraph 25
25. Highlights the time constraints on the current European semester process, which form an obstacle to full debate and the proper involvement in the process of civil society organisations, social partners, and even national parliaments and the EP, and contribute significantly to the lack of a sense of ownership and implementation; calls for the extension of the semester cycle to a biannual or triannual period, with the possibility of revision in case of major economic shocks;deleted
2020/01/27
Committee: ECON
Amendment 398 #

2019/2211(INI)

Motion for a resolution
Paragraph 25 a (new)
25 a. Recalls that the focus of the European Semester should be on national ownership;
2020/01/27
Committee: ECON
Amendment 404 #

2019/2211(INI)

Motion for a resolution
Paragraph 26
26. Looks forward to the stronger involvement of the EP and the national parliaments and regional in the European Semester process and to the creation of an institutionalised dialogue with the Commission, the social partners, territories and civil society, at both EU and national level and relevant actors, in order to further boost the process’s democratic legitimacy;
2020/01/27
Committee: ECON
Amendment 408 #

2019/2211(INI)

27. Invites the stakeholders in this necessary next step to create enhanced democratic accountability mechanisms at both EU and national levels, while formalising the scrutiny role of the EP in the European Semester; calls on the Commission and the Member States to enhance the social dialogue, including over the CSRs, and to engage in dialogue with the social partners;deleted
2020/01/27
Committee: ECON
Amendment 414 #

2019/2211(INI)

Motion for a resolution
Paragraph 27 a (new)
27 a. Reminds Member States of the importance of committing to and delivering on the CSRs including recommendations of the European Court of Auditors;
2020/01/27
Committee: ECON
Amendment 14 #

2019/2131(INI)

Motion for a resolution
Recital A a (new)
A a. whereas a competition policy aimed at ensuring a level playing field in all sectors is a cornerstone of the European social market economy, and a key factor in guaranteeing the proper functioning of the internal market;
2020/01/10
Committee: ECON
Amendment 17 #

2019/2131(INI)

Motion for a resolution
Recital A b (new)
A b. whereas global cooperation on competition enforcement helps to avoid inconsistencies in remedies and outcomes of enforcement actions and helps businesses to reduce their costs of compliance;
2020/01/10
Committee: ECON
Amendment 18 #

2019/2131(INI)

Motion for a resolution
Recital A c (new)
A c. whereas the application of competition rules to mergers must be evaluated from the perspective of the entire internal market;
2020/01/10
Committee: ECON
Amendment 20 #

2019/2131(INI)

Motion for a resolution
Recital B
B. whereas competition policy must be tailored to tackle digital, ecological, industrial and social challenges, in line with the objectives of the Paris Agreement;deleted
2020/01/10
Committee: ECON
Amendment 34 #

2019/2131(INI)

Motion for a resolution
Paragraph 1
1. CHighlights the importance of global cooperation on competition enforcement; calls on the Commission to develop the influence of competition policy in the world, in particular by stepping up cooperation with the USA and China; supports an active participation of the Commission and the national competition authorities in the International Competition Network;
2020/01/10
Committee: ECON
Amendment 111 #

2019/2131(INI)

Motion for a resolution
Paragraph 7 a (new)
7 a. Emphasises that neither an unacceptable trend towards protectionism, nor, on their own, measures to ensure fair competition can guarantee the competitiveness of the EU economy;
2020/01/10
Committee: ECON
Amendment 131 #

2019/2131(INI)

Motion for a resolution
Paragraph 8
8. CWelcomes the attention being paid to network effects and to data accumulation and analysis in identifying market power on digital markets; takes the view that data play a major role in the digital economy and should therefore be taken into account in assessment under competition rules; calls on the Commission to review merger rules and strengthen antitrust action, taking into account the effects of market and network power associated with both personal and financial data; proposes that every merger in the market for such data should be subject to prior monitoring, regardless of thresholds;
2020/01/10
Committee: ECON
Amendment 141 #

2019/2131(INI)

Motion for a resolution
Paragraph 8 a (new)
8 a. Calls on the Commission to take ambitious steps to eliminate illegitimate obstacles to online competition;
2020/01/10
Committee: ECON
Amendment 142 #

2019/2131(INI)

Motion for a resolution
Paragraph 8 b (new)
8 b. Asks the Commission to examine the viability in the digital era of existing competition law instruments and concepts;
2020/01/10
Committee: ECON
Amendment 192 #

2019/2131(INI)

Motion for a resolution
Paragraph 13
13. Stresses that, while intermediation platforms play a major role in access to consumers for online services, some may abuse their privileged position by acting as gatekeepers; calls on the Commission to conclude its preliminary investigation into Spotify’s complaints about Apple’spotentially anticompetitive practices and to launch a formal procedure as soon as possible;
2020/01/10
Committee: ECON
Amendment 238 #

2019/2131(INI)

Motion for a resolution
Paragraph 18
18. Deplores the fact that, despite repeated requests,Notes that the Commission has still not completed theits investigation into Google Shopping which began in 2010 but that Google is still appealing the decision; stresses that, in the absence of targeted and effective behavioural remedies that have been tested in advance with the undertaking which is the victim, a complete structural separation of general and specialised research services may be necessary;
2020/01/10
Committee: ECON
Amendment 269 #

2019/2131(INI)

Motion for a resolution
Paragraph 20 a (new)
20 a. Emphasises that the notion of selectivity in State aid is an essential criterion that needs to be investigated thoroughly; notes that this concept is not free from discussion, especially not in tax cases; believes that an exception from a tax system is not selective if it is a priori open to all tax payers;
2020/01/10
Committee: ECON
Amendment 279 #

2019/2131(INI)

Motion for a resolution
Paragraph 21
21. Calls on the Commission to fully mobilise the state aid modernisation strategy, in particular for the energy transition; notes that the definition of the energy mix of Member States remains a national competence; considers that the high diversification of energy mixes across the EU contributes to the EU's energy security;
2020/01/10
Committee: ECON
Amendment 291 #

2019/2131(INI)

Motion for a resolution
Paragraph 22
22. Callsonsiders that it is a priority to ensure that State aid rules are strictly and impartially adhered to when dealing with future banking crises, so that taxpayers are protected against the burden of bank rescues; calls in this regard on the Commission to examine the discrepancies between the rules on State aid in the area of liquidation aid and the resolution regime under the Bank Recovery and Resolution Directive, and following that to revise its 2013 Banking Communication accordingly;
2020/01/10
Committee: ECON
Amendment 299 #

2019/2131(INI)

Motion for a resolution
Paragraph 22 a (new)
22 a. Recalls that according to the Deposit Guarantee Schemes Directive, the use of deposit guarantee schemes to prevent the failure of a credit institution should be carried out within a clearly defined framework and should in any event comply with State aid rules;
2020/01/10
Committee: ECON
Amendment 302 #

2019/2131(INI)

Motion for a resolution
Paragraph 22 b (new)
22 b. Calls on the Commission to re- evaluate on an annual basis whether the requirements for the application of Article107(3)(b) TFEU in the financial sector continue to be fulfilled;
2020/01/10
Committee: ECON
Amendment 306 #

2019/2131(INI)

Motion for a resolution
Paragraph 23
23. Calls, without Treaty change, for regular use of the ordinary legislative procedure in competition policy, by analogy with the procedure for the ‘non- life insuranceAntitrust Damages Actions’ and ‘ECN+’ directives;
2020/01/10
Committee: ECON
Amendment 312 #

2019/2131(INI)

Motion for a resolution
Paragraph 24 a (new)
24 a. Respects the independence of the European Commission’s Directorate- General for Competition in the execution of competition policy enforcement;
2020/01/10
Committee: ECON
Amendment 319 #

2019/2131(INI)

Motion for a resolution
Paragraph 25
25. Stresses the desire for a greater role for Parliament in determining and developing the general competition policy, along the lines of that played by the US Congress, which even has the power to launch investigations framework;
2020/01/10
Committee: ECON
Amendment 322 #

2019/2131(INI)

Motion for a resolution
Paragraph 26
26. Calls on the Commission to systematically involve it inmaintain high transparency standards, including with regard to the work of working parties and expert groups, particularly when devising soft-law instruments;
2020/01/10
Committee: ECON
Amendment 333 #

2019/2131(INI)

Motion for a resolution
Paragraph 28 a (new)
28 a. Considers that resources for the Commission's Directorate General for Competition should be made adequate to its workload and range of tasks by shifting away resources from other Directorates with less European added value;
2020/01/10
Committee: ECON
Amendment 335 #

2019/2131(INI)

Motion for a resolution
Paragraph 28 b (new)
28 b. Recalls the commitment made by the Executive Vice-President of the European Commission for Europe Fit for the Digital Age during her confirmation hearing on 8 October 2019 to keep her digital policy and competition portfolios strictly separate;
2020/01/10
Committee: ECON
Amendment 2 #

2019/2129(INI)

Motion for a resolution
Citation 2
– having regard to the Statute of the European System of Central Banks (ESCB) and of the ECB, in particular Articles 15 and 21 thereof,
2019/11/15
Committee: ECON
Amendment 4 #

2019/2129(INI)

Motion for a resolution
Citation 3
– having regard to Articles 123, 127(1) and 284(3) of the Treaty on the Functioning of the European Union,
2019/11/15
Committee: ECON
Amendment 20 #

2019/2129(INI)

Motion for a resolution
Recital C
C. whereas according to the Eurosystem staff macroeconomic projections of September 2019, annual inflation for the euro area in the Harmonised Index of Consumer Prices (HICP) looks set to reach 1.2 %, 1.0 % and 1.5 % in 2019, 2020 and 2021, thus still falling short of the medium-term objective of 2 %; whereas inflation projections show substantial variance across the euro area;
2019/11/15
Committee: ECON
Amendment 24 #

2019/2129(INI)

Motion for a resolution
Recital D
D. whereas at the end of 2018 the size of the Eurosystem balance sheet had reached an all-time high of EUR 4.7 trillion, thus exceeding 40% of the euro area GDP, an increase of 0.2 trillion compared with the end of 2017;
2019/11/15
Committee: ECON
Amendment 30 #

2019/2129(INI)

Motion for a resolution
Recital F
F. whereas a stronger role of the euro, and its increased use as a reserve currency, wcould in the long term increase the EU’s ability to frame its policy stance independently vis-à-vis the US and the Federal Reserve and would ultimately provide protection from the risk of an uncooperative US approach;
2019/11/15
Committee: ECON
Amendment 41 #

2019/2129(INI)

Motion for a resolution
Recital H
H. whereas despite this positive trend, green bonds still account for only 1 % of the overall supply of euro-denominated bonds;
2019/11/15
Committee: ECON
Amendment 45 #

2019/2129(INI)

Motion for a resolution
Recital H a (new)
Ha. whereas Article 123 TFEU and Article 21 of the Statute of the European System of Central Banks and of the European Central Bank prohibit the monetary financing of governments;
2019/11/15
Committee: ECON
Amendment 49 #

2019/2129(INI)

Motion for a resolution
Recital H b (new)
Hb. whereas in a monetary union monetary policy should not be tailored to developments in particular countries;
2019/11/15
Committee: ECON
Amendment 57 #

2019/2129(INI)

Motion for a resolution
Paragraph 1
1. Welcomes the role of the ECB in safeguarding euro stability and stresses that the ECB’s independence is a requisite for fulfilling its mandate; notes that such independence requires that the ECB shall not seek or take instructions from Union institutions or bodies, from any government of a Member State or from any other body; considers that the independence of the ECB cannot in any way be reconciled with political campaigning;
2019/11/15
Committee: ECON
Amendment 62 #

2019/2129(INI)

Motion for a resolution
Paragraph 2
2. Is concerned that after a short economic recovery, euro area growth momentum has slowed markedly to 1.2 % of GDP in the euro area and to 1.4 % of GDP for the EU-27; underlines, therefore, the need for monetary policy to remain accommodative for the foreseeable futurebelieves that the structural contribution that monetary policy makes to sustainable growth is limited; underlines, therefore, the need for policy makers to undertake productivity- enhancing structural reforms and pursue sound fiscal policies;
2019/11/15
Committee: ECON
Amendment 75 #

2019/2129(INI)

Motion for a resolution
Paragraph 3
3. Stresses that fiscal policy is a necessary component for enhancing the impact of monetary policy and reducing possible side effects; it is not the role of fiscal policy is to enhance the impact of monetary policy or to reduce its possible side effects; considers instead that fiscal policy and monetary policy need to compensate for each other: an expansive monetary policy should go hand in hand with a restrictive fiscal policy and the other way around, only in crisis situations they should strengthen each other; emphasises that the euro area is currently not in a situation which requires such policy convergence;
2019/11/15
Committee: ECON
Amendment 88 #

2019/2129(INI)

Motion for a resolution
Paragraph 4
4. UnderlinesTakes note of the findings of the ESCB expert group on low wage growth1 , which analysed the disconnect between wage growth and labour market recovery, namely that low wage growth over recent years can be explained mainly by technology and wage bargaining shocks, the latter being impacted by changes in wage bargaining structure – reducing the bargaining power of employees – and labour market regulations – mainly in countries most affected by the global economic and financial crisis and the combination of labour underutilisation, low inflation readings and subduednamely that a combination of slack in the labour market, low inflation readings and subdued productivity growth has been holding back wage growth in the euro area; emphasises that innovation and flexibility are prerequisites for competitive labour markets; considers moreover that the ECB's very accommodative monetary policy itself is an important determinant of the subdued productivity growth, as highly indebted corporations survive thanks to low interest rates, thus compressing productivity growth; _________________ 1ECB Occasional Paper Series No 232 / September 2019: Understanding low wage growth in the euro area and European countries. https://www.ecb.europa.eu/pub/pdf/scpops/ ecb.op232~4b89088255.en.pdf
2019/11/15
Committee: ECON
Amendment 97 #

2019/2129(INI)

Motion for a resolution
Paragraph 5 – introductory part
5. Underlines that strengthening the role of the euro, increasing the resilience of the euro area economy, reducing structural unemployment and boosting euro area growth potential and productivity requires the right structural conditions, among which:
2019/11/15
Committee: ECON
Amendment 102 #

2019/2129(INI)

Motion for a resolution
Paragraph 5 – indent 1
- The deepening of the European Monetary Union, including a fiscal capacity for the euro area able to providing a counter-cyclical stabilisation function which requires first and foremost sound fiscal policies and the implementation of structural reforms at national level aimed at better functioning product and factor markets, however which does not require a fiscal capacity for the euro area able to providing a counter-cyclical stabilisation function since Member States with access to financial markets can play such a shock-absorbing role themselves;
2019/11/15
Committee: ECON
Amendment 110 #

2019/2129(INI)

Motion for a resolution
Paragraph 5 – indent 2
- The completionreinforcement of the banking union, including a fully mutualised European deposit insurance scheme that would reduce risks, promote fair competition, facilitate the expansion of pan-European banking and reinforce the stability of the euro area as a wholeccelerated efforts by various Member States to reduce their high levels of non-performing loans (NPLs) and, following a proper clean-up of bank balance sheets, a European deposit insurance scheme that remains a fundamental objective for the euro area's financial stability;
2019/11/15
Committee: ECON
Amendment 123 #

2019/2129(INI)

Motion for a resolution
Paragraph 5 – indent 4
- The creation of a safe asset guaranteed by euro-area Member States to foster the integration of bond markets;deleted
2019/11/15
Committee: ECON
Amendment 136 #

2019/2129(INI)

Motion for a resolution
Paragraph 6
6. UnderlinNotes that the asset purchase programme (APP) has provided a substantialin the short term a contribution to a cyclical economic recovery and the formation of households’ inflation expectations, has led to a substantialn improvement in financing conditions via several transmission channels at the cost of potential and actual misallocation of real resources, and has compressed yields across a wide range of asset classes; stresses, in particular,notes further that the APP has directly improved credit conditions for the private non- financial sector with the asset-backed securities purchase programme (ABSPP) and the third covered bond purchase programme (CBPP3);
2019/11/15
Committee: ECON
Amendment 138 #

2019/2129(INI)

Motion for a resolution
Paragraph 6 a (new)
6a. Remains extremely concerned about the real shortcomings and negative side effects in the long term of a prolonged extraordinarily expansionary monetary policy which risks jeopardising a more robust and structural recovery of the euro area, among which: - The increased distortion of financial markets through impaired risk evaluation, higher leverage and the development of various asset bubbles; - The negative effects on individual savers and pensioners; -The pressure on the profitability and long-term sustainability of financial institutions that provide long-term return guarantees, such as life insurance or pension funds; - The growth of shadow banking; - Lower productivity growth; - Distributional consequences such as exacerbated wealth inequality due to increased financial asset prices in stock, bond and real exchange markets, as financial assets are primarily held by the very wealthy; - The likelihood that some Member States are using ultra-low (negative) interest rates to defer necessary structural reforms and the consolidation of their primary public deficits, particularly at central government level; - The downward pressure on the exchange rate of the euro creating a risk of competitive devaluations which has a major impact on trade conflicts;
2019/11/15
Committee: ECON
Amendment 140 #

2019/2129(INI)

Motion for a resolution
Paragraph 6 b (new)
6b. Considers that the ECB bond- buying programmes violate at least the intent, if not the letter, of Article 123 TEFU; urges the ECB to refrain from assuming a political role and monetary financing government deficits;
2019/11/15
Committee: ECON
Amendment 141 #

2019/2129(INI)

Motion for a resolution
Paragraph 6 c (new)
6c. Warns against the risk of excessive valuations on bond markets, which risk to be difficult to handle if interest rates start to rise again, particularly for countries involved in an excessive deficit procedure or with high levels of debt;
2019/11/15
Committee: ECON
Amendment 146 #

2019/2129(INI)

Motion for a resolution
Paragraph 7
7. NoteRegrets that on 12 September 2019 the ECB announced a broad stimulus package including an open-ended quantitative easing programme that will run at a monthly pace of EUR 20 billion per month, a cut of 10 basis points in the deposit rate, a two-tier system for reserve remuneration, and easier terms for targeted longer-term refinancing operations (TLTRO-III); points out that the ECB has few instruments left to fend off adverse macroeconomic shocks; urges the ECB to normalise monetary policy as soon as possible;
2019/11/15
Committee: ECON
Amendment 152 #

2019/2129(INI)

Motion for a resolution
Paragraph 7 a (new)
7a. Highlights that an almost flat yield curve greatly reduces the profitability of banks in one of their most important areas of business activity, the provision of credit for long-term investments;
2019/11/15
Committee: ECON
Amendment 156 #

2019/2129(INI)

Motion for a resolution
Paragraph 8
8. Notes that the negative effects on banks’ net interest income have been counterbalanced so far by the benefits from more bank lending and lower costs for provisions and losses;deleted
2019/11/15
Committee: ECON
Amendment 164 #

2019/2129(INI)

Motion for a resolution
Paragraph 9
9. Underlines that very low or negative interest rates offer opportunities to consumers, workers and borrowers, who can benefit from stronger economic momentum, lower unemployment and lower borrowing costs;deleted
2019/11/15
Committee: ECON
Amendment 182 #

2019/2129(INI)

Motion for a resolution
Paragraph 10
10. SupporRegrets the intention of theECB Governing Council of the ECB's intention to continue reinvesting the principal payments from maturing securities for as long as necessary to maintain favourable liquidity conditions and an ample degree of monetary accommodation;
2019/11/15
Committee: ECON
Amendment 190 #

2019/2129(INI)

Motion for a resolution
Paragraph 10 a (new)
10a. Emphasises that the ECB should not target nominal GDP since monetary policy measures cannot systematically improve the drivers of real growth;
2019/11/15
Committee: ECON
Amendment 202 #

2019/2129(INI)

Motion for a resolution
Paragraph 11
11. Recalls that, as an EU institution, the ECB is bound by the Paris Agreement on climate change and that this should be reflected in its policies, with full respect for its mandate and its independencehas a narrowly defined mandate enshrined in Article 127 TFEU that should be reflected in its policies;
2019/11/15
Committee: ECON
Amendment 213 #

2019/2129(INI)

Motion for a resolution
Paragraph 12
12. Takes good note of Christine Lagarde’Notes the incoming ECB President's declaration of 4 September, in which she welcomed the ECB’s collaboration in the Network for Greening the Financial System (NGFS) and of her commitment to contribute to facing the challenges which climate change poses by implementing the NGFS’s recommendations and acting on them substantively wherever possible without undermining, thus risking to jeopardise the ECB's primary price stability mandate and secondary other objectives;
2019/11/15
Committee: ECON
Amendment 230 #

2019/2129(INI)

Motion for a resolution
Paragraph 14
14. Is extremely worried about the risks due to the delay in setting up the banking union, and calls for the swift completion of the banking union with a fully mutualised European deposit guarantee scheme;deleted
2019/11/15
Committee: ECON
Amendment 250 #

2019/2129(INI)

Motion for a resolution
Paragraph 15
15. Calls for the capital markets union (CMU) project to be accelerated in order to deepen financial integration, with a view to improving resilience to shocks and making the transmission of monetary policy across the monetary union more effective; believes that the fastest way to achieve a well-functioning CMU is to reduce the burden of regulations hindering well- functioning capital markets to have a broader impact all over the Union;
2019/11/15
Committee: ECON
Amendment 258 #

2019/2129(INI)

Motion for a resolution
Paragraph 16
16. Calls on the ECBall supervisory authorities to increase its monitoring of the development of crypto- currencies, crypto-assets and the increased risks in cyber- security;
2019/11/15
Committee: ECON
Amendment 273 #

2019/2129(INI)

Motion for a resolution
Paragraph 18
18. Agrees with Christine Lagardethe incoming ECB President that a review of the ECB’s monetary policy framework is timely and warranted in order to ensure that the ECB has the right tools to deliver on its price stability mandate in the future; calls on the ECB to organise a public consultation as part of this process in order to ensure that the review is open to input and feedback from a broad range of diverse civil society stakeholders;
2019/11/15
Committee: ECON
Amendment 289 #

2019/2129(INI)

Motion for a resolution
Paragraph 19
19. WelcomeExpects the increase in accountability under the Presidency of Mario Draghi, and looks forward to eveoming ECB President to deliver on greater accountability, dialogue and openness in line with the incoming Presidentcommitments she made during her hearing before the European Parliament's Economic and Monetary Affairs Committee on 4 September 2019;
2019/11/15
Committee: ECON
Amendment 294 #

2019/2129(INI)

Motion for a resolution
Paragraph 20
20. Recalls that the nominations of Executive Board members should be prepared carefully, with full transparency and together with Parliament in line with the Treaties; calls on the Council to draw up a gender-balanced shortlist for all current and upcoming vacancies and to share it with Parliament, thus allowing it to play a more meaningful advisory role in the appointment process; regrets that to date no satisfactory progress has been made;
2019/11/15
Committee: ECON
Amendment 34 #

2019/2126(INI)

Motion for a resolution
Paragraph 2
2. Reiterates the need to reduce the inequalities inimprove the geographical distribution of EIB financing, given that 57% went to six Member States in 2018; calls for a fair and transparent geographical distribution of projects and investment, with a special focus on less- developed regions; calls for an enhanced geographical distribution of projects and investments; calls for the EIB to address systemic shortcomings that prevent certain regions or countries from taking full advantage of the EIB's financial activities considering the market and demand driven nature of EIB financing;
2020/01/29
Committee: BUDG
Amendment 43 #

2019/2126(INI)

Motion for a resolution
Paragraph 3
3. Calls on the EIB to greatlyfor adequate support to strengthen the arrangements for providing technical assistance and financial expertise to local and regional authorities before project approval, in order to improve accessibility and involve all Member States; underlines that projects are selected based on economic, environmental, technical and most of all financial merits;
2020/01/29
Committee: BUDG
Amendment 47 #

2019/2126(INI)

Motion for a resolution
Paragraph 3 a (new)
3 a. Acknowledges the EIB's support for cohesion objectives amounting to more than EUR 200 billion between 2009 and 2018 alone; welcomes the EIB's role in the European Green Deal Investment plan and the Just Transition Mechanism provided that the EIB keeps its AAA status; looks forward to the implementation of the dedicated just transition scheme under InvestEU and the legislative proposal setting up the new public sector loan facility; underlines that the EIB remains a demand driven investment bank;
2020/01/29
Committee: BUDG
Amendment 74 #

2019/2126(INI)

Motion for a resolution
Paragraph 8
8. Calls for a detailed roadmap to be drawn up in 2020 to reach the overall target of 50% climate lending by 2025, as well as guarantees regarding the climate neutrality of the remaining loans, following an open and transparent public consultation procesthe EIB to extensively inform stakeholders and the wider audience on the manner in which the EIB intends to reach the overall target of 50% climate lending by 2025, as well as how the EIB will fully take on board the climate considerations of the remaining loans;
2020/01/29
Committee: BUDG
Amendment 78 #

2019/2126(INI)

Motion for a resolution
Paragraph 9
9. Calls for a strengtheningthe thorough application of the eligibility criteria for climate action in order to avert the risk of investments not resulting in significant reductions in greenhouse gases (GHG), in particular with regard to bioenergy, low-carbon gases, carbon capture and storage and compensation programmes; considers that a general anti-abuse provision should support all EIB operations and be included in its declaration on environmental and social standards, which needs to be reviewed in 2020 and aligned with the 1.5°C global warming objective;
2020/01/29
Committee: BUDG
Amendment 81 #

2019/2126(INI)

Motion for a resolution
Paragraph 10
10. Is alarmed that of the 20 largest energy lending projects in 2017, only six included their carbon footprint in their environmental and social data sheets;deleted
2020/01/29
Committee: BUDG
Amendment 87 #

2019/2126(INI)

Motion for a resolution
Paragraph 11
11. Welcomes the new EIB carbon footprint evaluation methodology and calls for its systematican extended implementation, with a particular focus on marginal demand emissions and indirect emissions (‘type 3’); calls for projects to be evaluated comprehensively and not merely by means of an economic life-cycle analysis of their emissions;
2020/01/29
Committee: BUDG
Amendment 89 #

2019/2126(INI)

Motion for a resolution
Paragraph 12
12. Is of the opinion that the EIB should requirsupport and stimulate its intermediary clients to disclose their exposure to fossil fuels, and should apply restrictions to heavily exposed intermediaries; expects that, by the end of 2020, all intermediaries will have a decarbonisation plan, which is indispensable for their financing to continueevelop products that e.g. incentivise energy efficiency, renewable energy investments or circular, low carbon investments; believes the EIB should continue “greening” its SME portfolio e.g. earmarking higher shares to climate related projects;
2020/01/29
Committee: BUDG
Amendment 97 #

2019/2126(INI)

Motion for a resolution
Paragraph 13
13. Is of the opinion that, in line with best practices in the commercial banking sector3 ,Welcomes the fact that EIB financing ishould be subject to ambitious scientific objectives and commitments, with a view to phasing out its support to clients whose activities lead to significant GHG emissions; _________________ 3 Crédit Agricole has undertaken to end support for undertakings which develop or plan to develop their activities in the coal sector. Crédit Agricole’s zero tolerance policy applies to all enterprises which develop or plan to develop their activities in the coal sector, ranging from extraction and energy production, to trade and transport.
2020/01/29
Committee: BUDG
Amendment 103 #

2019/2126(INI)

Motion for a resolution
Paragraph 14
14. Welcomes the new EIB energy lending policy and the example it sets for other banks; regretwelcomes that exceptions are applicable to the approval of gas projects until the end of 2021 and that support for gas projects planned for the transport of low-carbon gases is set to continue; calls for this policy to be reviewed in the medium term (by the start of 2022) to close the gaps in gas infrastructure to bring it in line with the European Sustainable Finance Taxonomy and the European Green Pact, and to be consistent with the development of appropriate new external actions in the EU;
2020/01/29
Committee: BUDG
Amendment 104 #

2019/2126(INI)

Motion for a resolution
Paragraph 14
14. Welcomes the new EIB energy lending policy and the example it sets for other banks; regretwelcomes that exceptions are applicable to the approval of gas projects until the end of 2021 and that support for gas projects planned for the transport of low-carbon gases is set to continue; calls for this policy to be reviewed in the medium term (by the start of 2022) to close the gaps in gas infrastructure to bring it in line with the European Sustainable Finance Taxonomy and the European Green Pact, and to be consistent with the development of appropriate new external actions in the EU;
2020/01/29
Committee: BUDG
Amendment 107 #

2019/2126(INI)

Motion for a resolution
Paragraph 15
15. Insists that the EIB urgently and fully implement the principle of energy efficiency in all its energy lending, taking into account the impact of energy efficiency on future demand and its contribution to energy security;
2020/01/29
Committee: BUDG
Amendment 111 #

2019/2126(INI)

Motion for a resolution
Paragraph 16
16. Calls on the EIB to make theLooks forward to the EIB's review of its transport policy a key priorityto be announced later this year; calls for a new transport financing policy to decarbonise the EU transport sector by 2050;
2020/01/29
Committee: BUDG
Amendment 112 #

2019/2126(INI)

Motion for a resolution
Paragraph 17
17. Calls for rigorousnew policies to be implemented in carbon-intensive industrial sectors in which the EIB is active, such as cement, petrochemicals and steel, with a view to phafocusing out all ‘brown’ loans and aln the sustainability of these sectors and carefully weignhing all sectoral loanthe consequences of any termination of ongoing contracts, focusing on the promotion of a circular economy;
2020/01/29
Committee: BUDG
Amendment 116 #

2019/2126(INI)

Motion for a resolution
Paragraph 17 a (new)
17 a. Notes that the climate problem cannot be solved without support of the industry, a large scale change can only be achieved if the industry is taken on board and the necessary incentives are given for innovative climate solutions;
2020/01/29
Committee: BUDG
Amendment 118 #

2019/2126(INI)

Motion for a resolution
Paragraph 18
18. Reminds the EIB that biodiversity protection is a key element of adaptation to climate change and that the restoration of ecosystems is the only proven technology when it comes to negative emissions; calls on the EIB to commit to ending the financing of projects which contribute to the loss and degradation of biodiversity and ecosystems, and to increase substantially its fundingsystematically integrate biodiversity externalities into its economic appraisal and to substantially increase its commitment to achieve the EU’s objectives in this area, in particular the objective of zero net deforestation and the objectives of marine and coastal protection;
2020/01/29
Committee: BUDG
Amendment 141 #

2019/2126(INI)

Motion for a resolution
Paragraph 22
22. Stresses that, in order to achieve these ambitions, the EIB may need to take further risks, in addition to increasing its own funds and building expertise in innovative financing instruments; calls foron the EIBMember States to ensure ithe EIB has adequate resources, including appropriate capitalisation, to enable it to use innovative instruments to finance projects with significant potential to produce sustainable, social and innovative gains;
2020/01/29
Committee: BUDG
Amendment 146 #

2019/2126(INI)

Motion for a resolution
Paragraph 22 a (new)
22 a. Calls on the EIB to provide the necessary growth capital to enable SMEs to scale up their operations;
2020/01/29
Committee: BUDG
Amendment 159 #

2019/2126(INI)

Motion for a resolution
Paragraph 23
23. Urges the EIB, the largest multilateral lender in the world, to maintain its leading role in future EU financing mechanisms for third countries; opposnotes the recent initiatives to encourage the EIB to be more active in defence and security, migration management and border control;
2020/01/29
Committee: BUDG
Amendment 171 #

2019/2126(INI)

Motion for a resolution
Paragraph 26
26. Urges the EIB to adopt a comprehensive and coherent human rights strategy, which includes the risk of reprisals against human rights defenders; recommends that this strategy include the systematic assessment of human rights risks, including an ex-ante evaluation, and continuous monitoring on the ground; calls on the EIB to include in its contracts clauses allowing for the suspension of disbursements in the case of serious violations of human rights or environmental and social standards;deleted
2020/01/29
Committee: BUDG
Amendment 176 #

2019/2126(INI)

Motion for a resolution
Paragraph 26 a (new)
26 a. Welcomes the EIB's strong dedication to restrict its financing to projects that respect human rights; strongly supports the EIB's commitments in its Environmental and Social Framework not to tolerate any reprisals, threats, intimidation, harassment, or violence against any human rights defenders, environmental activists or indigenous people advocates voicing their opinion regarding a project financed by the EIB;
2020/01/29
Committee: BUDG
Amendment 187 #

2019/2126(INI)

Motion for a resolution
Paragraph 29
29. Welcomes the fact that, as recommended in the latest Parliament reports, public summaries are now to be made of Management Board meetings; stresses the need to publish the content of meetings of all the and of the EFSI operation scoreboard for projects supported by the EFSI guarantee, understands however that certain limits apply with regard to document transparency to ensure protection of confidential information provided by EIB's governing bodies systematicallyclients and project partners;
2020/01/29
Committee: BUDG
Amendment 190 #

2019/2126(INI)

Motion for a resolution
Paragraph 30
30. Asks the EIB to publish all information relating to direct loans subject to the approval of the Management Board, including by publishing for each project the opinion of the Commission and that of the Member State in which the project is located;deleted
2020/01/29
Committee: BUDG
Amendment 201 #

2019/2126(INI)

Motion for a resolution
Paragraph 32
32. Calls for the EIB to ensure the highest level of integrity of its financial intermediaries, and that their loaWelcomes that intermediary operations bare subject to the same transparency requirements as other types of loans based on the EIB’s Transparency Policy; calls on the EIB to cease working with financial intermediaries with a negative track record of transparency, fraud, corruption, organised crime or money laundering;
2020/01/29
Committee: BUDG
Amendment 220 #

2019/2126(INI)

Motion for a resolution
Paragraph 39
39. Calls as a matter of urgency for Parliament’s powers be strengthened as regards the strategic direction and policies of the EIB, in order to ensure democratic scrutiny of investments;deleted
2020/01/29
Committee: BUDG
Amendment 17 #

2019/2110(INI)

Motion for a resolution
Recital D
D. whereas the general government deficit is expected to rise from 0.5 % to 0.9 % in the euro area and from 0.6 % to 1.0 % in the EU28 in 2019, and to remain at that level in 2020; whereas the debt-to- GDP ratio in 2019 stands at 85.8 % in the euro area and 80.2 % in the EU28 and is forecast to decrease to 84.3 % and 78.8 % respectively in 2020; whereas such debt levels may be hard to sustain if and when interest rates return to normal levels;
2019/09/19
Committee: ECON
Amendment 20 #

2019/2110(INI)

Motion for a resolution
Recital D a (new)
Da. whereas growth has to an important degree relied upon unconventional and, in the long term, unsustainable monetary policy; whereas this monetary policy has failed to create a momentum for productivity-enhancing reforms;
2019/09/19
Committee: ECON
Amendment 21 #

2019/2110(INI)

Motion for a resolution
Recital D b (new)
Db. whereas the stability of financial institutions in the Eurozone is still a matter of grave concern; whereas there is slight progress on reducing non- performing loans; whereas this progress is clearly insufficient;
2019/09/19
Committee: ECON
Amendment 52 #

2019/2110(INI)

Motion for a resolution
Paragraph 3
3. Agrees that effective growth- enhancing structural reforms, accompanied by well-targeted investments and responsible fiscal policies, continue to provide a successful compass for preparing the EU for its future and present challenges;
2019/09/19
Committee: ECON
Amendment 63 #

2019/2110(INI)

Motion for a resolution
Paragraph 4
4. Recognises that the average level of debt-to-GDP is projected to decline; notes, however, that the average level still remains significantly above the level required by the Stability and Growth Pact; points out the possibility of rising debt service costs in the future once monetary accommodation is reduced, especially in the euro area; reminds that Member States continue to significantly exceed their pre-crisis public debt levels; underlines, therefore, the importance of bringing down overall debt levels and rebuilding fiscal buffers, in line with EU fiscal rules;
2019/09/19
Committee: ECON
Amendment 69 #

2019/2110(INI)

Motion for a resolution
Paragraph 4
4. Recognises that the average level of debt-to-GDP is projected to decline; notes, however, that the average level still remains significantly above the level required by the Stability and Growth Pact; points out the possibility of rising debt service costs in the future once monetary accommodation is reduced, especially in the euro area; reminds that Member States continue to significantly exceed their pre-crisis public debt levels; underlines, therefore, the importance of bringing down overall debt levels and rebuilding fiscal buffers, in line with EU fiscal rules;
2019/09/19
Committee: ECON
Amendment 81 #

2019/2110(INI)

Motion for a resolution
Paragraph 5
5. Notes, accordingly, with great concern that the average deficit levels appear to be increasing again and that in some Member States deficits above 3 % are projected; underlines that a significant part of the expected deficit expansion originates in countries with high government debt-to- GDP ratios;
2019/09/19
Committee: ECON
Amendment 94 #

2019/2110(INI)

Motion for a resolution
Paragraph 6 a (new)
6a. Recalls that growth-friendly structural reforms do not require fiscal space but rather legislative and administrative efforts aimed at strengthening market forces and private sector initiatives;
2019/09/19
Committee: ECON
Amendment 95 #

2019/2110(INI)

Motion for a resolution
Paragraph 6 b (new)
6b. Asks the Commission to not only focus on public debt levels, but also take into account the implications for sustainable economic growth of an excessive rise in household and corporate debt;
2019/09/19
Committee: ECON
Amendment 105 #

2019/2110(INI)

Motion for a resolution
Paragraph 7 a (new)
7a. Reminds that debt service costs remain low mainly because of ECB low interest rates policy; recommends to consider the impact of potentially rising interest rates and risks arising from further expansion of the ECB's balance sheet;
2019/09/19
Committee: ECON
Amendment 138 #

2019/2110(INI)

Motion for a resolution
Paragraph 10
Supports shifting the tax burden away from labour and strengthening effective education and training systems and effective investment in skills; stresses the effectiveness of flexible labour market policies;
2019/09/19
Committee: ECON
Amendment 189 #

2019/2110(INI)

Motion for a resolution
Paragraph 12 a (new)
12a. Stresses that principle of European added value should represent the cornerstone of all EU funded investments; points out that EU funding should be accompanied by measurable objectives and outputs including a quantifiable and comparable evaluation mechanism that will allow to compare and rank the efficiency of individual EU programmes; underlines the importance of accountability and transparency for bodies that receive EU funding;
2019/09/19
Committee: ECON
Amendment 201 #

2019/2110(INI)

Motion for a resolution
Paragraph 13 a (new)
13a. Recognises that public investments are limited as they represent scarce resources mostly funded by the taxpayers; underlines the need to prioritise the public investments according to their efficiency in order to support economic growth;
2019/09/19
Committee: ECON
Amendment 203 #

2019/2110(INI)

Motion for a resolution
Paragraph 13 b (new)
13b. Emphasises the fiscal benefits of investment efficiency measurements and investment quality comparison; recommends the Commission to systematically monitor the value-for- money of EU funded projects and to publicise the evaluation criteria to maximise the benefits of public scrutiny;
2019/09/19
Committee: ECON
Amendment 213 #

2019/2110(INI)

Motion for a resolution
Paragraph 14 a (new)
14a. Warns that boosting investment should not be seen as an alternative to productivity-enhancing reforms;
2019/09/19
Committee: ECON
Amendment 215 #

2019/2110(INI)

Motion for a resolution
Paragraph 14 b (new)
14b. Recalls that high levels of taxation in Europe are a hindrance to investments and jobs;
2019/09/19
Committee: ECON
Amendment 260 #

2019/2110(INI)

Motion for a resolution
Paragraph 18
18. Reminds Member States of the importance of committing to and delivering on the CSRs and recommendations of the European Court of Auditors;
2019/09/19
Committee: ECON
Amendment 261 #

2019/2110(INI)

Motion for a resolution
Paragraph 18 a (new)
18a. Recalls the positive practice of transparency in several Member States in the form of mandatory disclosure of contracts concluded by the public sector which supports the efficiency of public finances and promotes economic growth;
2019/09/19
Committee: ECON
Amendment 264 #

2019/2110(INI)

Motion for a resolution
Paragraph 18 b (new)
18b. Notes the social priorities in the European semester; demands the necessary respect for the principles of subsidiarity and proportionality; stresses that Member States must continue to have sufficient flexibility in implementing an appropriate social policy;
2019/09/19
Committee: ECON
Amendment 18 #

2017/0123(COD)

Council position
Article 2 – paragraph 1 – point 4 – point a
Regulation (EC) No 1072/2009
Article 8 – paragraph 2 a
(a) the following paragraph is inserted: '2a. Hauliers are not allowed to carry out cabotage operations, with the same vehicle, or, in the case of a coupled combination, the motor vehicle of that same vehicle, in the same Member State within four days following the end of its cabotage operation in that Member State.';deleted
2020/05/13
Committee: TRAN
Amendment 21 #

2017/0123(COD)

Council position
Article 2 – paragraph 1 – point 4 – point a a (new)
Regulation (EC) No 1072/2009
Article 8 – paragraph 2 b (new)
(aa) the following paragraph is inserted: '2b. During the period referred to in paragraph 2a, hauliers are allowed to carry out no more than 1 cabotage operation with the same vehicle or, in the case of a coupled combination, the motor vehicle of that same vehicle, in the same Member State once the goods carried in the course of a new incoming international carriage have been delivered.';
2020/05/13
Committee: TRAN
Amendment 75 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 2
Regulation (EU) No 806/2014
Article 1 – paragraph 2 – subparagraph 1 – introductory part
2. In addition, this Regulation establishes a European Deposit Insurance Scheme ('EDIS') in three successive stagesproviding liquidity support:
2024/03/13
Committee: ECON
Amendment 79 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 2
Regulation (EU) No 806/2014
Article 1 – paragraph2 – subparagraph 1 – indent 1
– a reinsurance scheme that, to a certain extent, provides funding and covers a share of the losses of participating deposit guarantee schemes in accordance with Article 41a;deleted
2024/03/13
Committee: ECON
Amendment 85 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 2
Regulation (EU) No 806/2014
Article 1 – paragraph 2 – subparagraph 1 – indent 2
– a co-insurance scheme that, to a gradually increasing extent, provides funding and covers losses of participating deposit guarantee schemes in accordance with Article 41c;deleted
2024/03/13
Committee: ECON
Amendment 90 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 2
Regulation (EU) No 806/2014
Article 1 – paragraph2 – subparagraph 1 – indent 3
a full insurance scheme that provides the funding and covers the losses of participating deposit guarantee schemes in accordance with Article 41e.deleted
2024/03/13
Committee: ECON
Amendment 114 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 4 –point a
Regulation (EU) No 806/2014
Article 3 – paragraph 1 – point 57
(57) 'available financial means of the DIF' means cash, deposits and low-risk assets which can be liquidated within a period not exceeding that referred to in Article 8(1) of the Directive 2014/49/EU. The Commission shall establish the meaning of 'low-risk assets';
2024/03/13
Committee: ECON
Amendment 122 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Part IIa –title I – chapter I –title
Chapter 1 Reinsurance
2024/03/13
Committee: ECON
Amendment 123 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 a –title
Article 41a Partial funding and excess loss coverLiquidity support
2024/03/13
Committee: ECON
Amendment 126 #

2015/0270(COD)

2. In caswhere a participating DGS encounters a payout event or is used in resolution in accordance with Article 79 of this Regulation, it may claim funding from the DIF of up to 20% offor its liquidity shortfall as set out in Article 41b. The share of liquidity shortfall coverage a participating DGS may claim from the DIF is set out in paragraph 2a.
2024/03/13
Committee: ECON
Amendment 131 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 a – paragraph 3
3. The DIF shall also cover 20% of the excess loss of the participating DGS as set out in Article 41c. The participating DGS shall repay the amount of funding it obtained under paragraph 2 of this Article, less the amount of excess loss cover, in accordance with the procedure set out in Article 41o.deleted
2024/03/13
Committee: ECON
Amendment 137 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 a – paragraph 4
4. Neither the funding nor the excess loss coverThe liquidity support shall not exceed the lower of 20%of the initialone thirdof the target level of the DIF as set out in Article 74b(1) of this Regulation and 105 times the target level of the participating DGS as defined in the first subparagraph of Article 10(2) of Directive 2014/49/EU.
2024/03/13
Committee: ECON
Amendment 138 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 a – paragraph 4 a (new)
4a. The Member State in which the DGS is registered shall be held liable for the rest of the liquidity shortfall of the DGS concerned, when the liquidity shortfall exceeds the limits set out in paragraph 4 of this Article.
2024/03/13
Committee: ECON
Amendment 143 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 b – paragraph 2 a (new)
2a. Deposits referred to in Article 6(2) of Directive 2014/49/EU shall be excluded from the calculation of the liquidity shortfall as determined in paragraph 1 and 2. The DIF shall not provide funding for measures referred to in Article 11(3) and (6) of Directive 2014/49/EU.
2024/03/13
Committee: ECON
Amendment 147 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 c –title
Article 41c Excess lossdeleted
2024/03/13
Committee: ECON
Amendment 150 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Part II a –title I – chapter 2
Chapter 2 Co-insurancedeleted
2024/03/13
Committee: ECON
Amendment 170 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Part II a –title I – chapter 3 –title
Chapter 3 Full insurancedeleted
2024/03/13
Committee: ECON
Amendment 176 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Part II a –title I – chapter 4 –title
Chapter 4 Common provisionsnditions for coverage
2024/03/13
Committee: ECON
Amendment 179 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation No 806/2014
Article 41 i – paragraph 1 – introductory part
1. A participating DGS shall not be covered by EDIS in the reinsurance, co- insurance or full insurance phase, if the Commission, acting on its own initiative or upon a request of the Board or a participating Member State, decides and informs the Board accordingly, the DGS, the designated authority of the participating Member State within the meaning of point 18 of Article 2 of Directive 2014/49/EU, and the national competent authority or authorities,that at least one of the following disqualifying conditions is met::
2024/03/13
Committee: ECON
Amendment 180 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 4 1i – paragraph 1 – point a
(a) the participating DGS has failed to comply with the obligations under this Regulation or under Articles 4, 5, 6, 7, 8or 10 of Directive 2014/49/EU;;
2024/03/13
Committee: ECON
Amendment 181 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 i – paragraph 1 a (new)
1a. The Board shall monitor compliance with the provisions set out in paragraph 1 (a) and (b) on a continuous basis. If the Board identifies instances of non-compliance with any of the obligations under paragraph 1 (a) and (b), it shall immediately inform the Commission thereof.
2024/03/13
Committee: ECON
Amendment 182 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 i – paragraph 1 b (new)
1b. If the Commission considers that at least one of the disqualifying conditions is met, it shall deliver a letter of formal notice to the DGS concerned and to the designated authority of the participating Member State within the meaning of point 18 of Article 2 of Directive 2014/49/EU, as well as to the national competent authority or authorities. It shall also inform the Member State or Member States concerned. In that letter, the Commission shall set out the reasons for considering disqualifying the participating DGS from coverage by EDIS. Within two months of receipt of such formal notice, the designated authority, in close cooperation with the DGS concerned and the national competent authority, shall: (a) take prompt corrective action to address the shortcomings identified and to ensure that the disqualifying conditions are no longer met; (b) submit to the Commission a reply in which they set out in detail the corrective action they have taken.
2024/03/13
Committee: ECON
Amendment 183 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 i – paragraph 1 c (new)
1c. The Commission shall disqualify the participating DGS from coverage by EDIS in accordance with paragraph 1, where it, having assessed the corrective action taken and consulted with the Board, considers that the DGS or the designated national authority remain non-compliant.
2024/03/13
Committee: ECON
Amendment 185 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 i – paragraph 2
2. When funding has already been obtained by a participating DGS and at least one of the disqualifying conditions referred to in paragraph 1 is met in relation to a payout event or a use in resolution, the Commission mayorder full or partial repayment of the funding to the DIFshall immediatelyorder full repayment of the funding to the DIF within two years. The Member State in which the participating DGS is registered shall be held liable for full repayment, if, within the time limit set out in the first subparagraph, the participating DGS fails to repay in full the funding obtained.
2024/03/13
Committee: ECON
Amendment 188 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 j – paragraph 1 – introductory part
1. A participating DGS shall only be reinsured, co-insured or fully insured by EDIS during the year following any of the dates set out below, if, by that date,insured by EDIS if its available financial means raised by contributions referred to in Article 10(1) of Directive 2014/49/EU amount to at least the following percentages0.60%of the total amount of covered deposits of all credit institutions affiliated to the participating DGS:. This is without prejudice to the first subparagraph of Article 10(2) of Directive 2014/49/EU.
2024/03/13
Committee: ECON
Amendment 190 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 j – paragraph 2
2. The Commission, after consulting the Board, may approve a derogation from the requirements set out in paragraph 1 for duly justified reasons linked to the business cycle in the respective Member State, the impact pro-cyclical contributions may have, or to a payout event which occurred at national levelonly where, at national level, a participating DGS has encountered a payout event or has been used in resolution in accordance with Article 109 of Directive 2014/59/EU or Article 79 of this Regulation. Thoseis derogations must be tempor shall last no longer than five yearys and may be subject to the fulfilment of certain conditions.
2024/03/13
Committee: ECON
Amendment 192 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 k – paragraph 1
Where a participating DGS has been informed by the competent authority about, or has otherwise become aware of, circumstances relating to a credit institution affiliated to that participating DGS that are likely to result in a payout event or its use in resolution proceedings, it shall inform the Board about such circumstances without delay if it intends to request coverage by EDIS. In this case the participating DGS shall also provide the Board with an estimate of the expected liquidity shortfall or liquidity need.
2024/03/13
Committee: ECON
Amendment 194 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 l – paragraph 1
1. In case a participating DGS encounters a payout event or is used in resolution in accordance with Article 109 of Directive 2014/59/EU or Article 79 of this Regulation, it shall immediately notify the Board and submit all necessary information in order to allow the Board to assess whether the conditions for the provision of funding and loss cover in accordance with Article 41a, 41d and 41h ofthis Regulation are met.
2024/03/13
Committee: ECON
Amendment 202 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 n – paragraph 1 – introductory part
The Board shall provide funding under Articles 41a(2), 41d(2) and 41h(2) in accordance with the following provisions:
2024/03/13
Committee: ECON
Amendment 205 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 n – paragraph 1 – point b a (new)
(ba) within 3 months of the determination referred to in Article 41m, the Board shall establish a repayment plan that ensures that the funding provided by the Board under Article 41n will be repaid in full within five years by the participating DGS.
2024/03/13
Committee: ECON
Amendment 206 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 o –title
Article 41o Repayment of funding and determination of excess loss and loss
2024/03/13
Committee: ECON
Amendment 209 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 o – paragraph 1
1. The participating DGS shall repay , according to a repayment plan,repay in fullthe funding provided by the Board under Article 41n, less the amount of any excess loss cover in case of coverage under Article 41a or any loss cover in case of coverage under Article 41d or. The repayment plan shall also establish the refunding path for the participating DGS to return to its target level as set out in Article 41hj.
2024/03/13
Committee: ECON
Amendment 216 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 o – paragraph 3
3. In case of coverage under Article 41a,tThe participating DGS shall also pay to the Board, by the end of the first calendar year after the funding was provided, an amount equal to the ex-post contributions that the participating DGS may raise within one calendar year in accordance with the first sentence of the first subparagraph of Article 10(8) of Directive 2014/49/EU, less the amount of ex-post contributions it raised in accordance with point (b) of Article 41b(1) of this Regulation. This amount of ex-post contributions to be paid to the Board by the participating DGS by the end of the first calendar year after the funding was provided shall not exceed the liquidity shortfall as set out in Article 41b.
2024/03/13
Committee: ECON
Amendment 217 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 o – paragraph 3 a (new)
3a. The Member State in which the participating DGS is registered shall be held liable for full repayment, if the participating DGS fails to repay in full the funding obtained within the time limit set out in point (b a) of Article 41n.
2024/03/13
Committee: ECON
Amendment 218 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 10
Regulation (EU) No 806/2014
Article 41 o – paragraph 4
4. After the termination of the insolvency procedure or resolution procedure of the credit institution concerned, the Board shall without delay determine the excess loss in accordance with Article 41d or the loss in accordance with Article 41h. Where this determination results in a repayment obligation of the participating DGS that differs from the amounts repaid in accordance with the second and third paragraph, the difference shall be settled between the Board and the participating DGS without delay.deleted
2024/03/13
Committee: ECON
Amendment 235 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 20
Regulation (EU) No 806/2014
Article 50 a – paragraph 1 –point a
(a) once the net accumulated use of the DIF in the last consecutive 12 months reaches the threshold of 25% of the final target level, evaluate evaluate, an annual basis,the application of EDIS, in particular the use of the DIF, and provide guidance which the executive session shall follow in subsequent payout decisions, in particular, if appropriate, differentiating between the provision of funding and loss cover;
2024/03/13
Committee: ECON
Amendment 241 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 34
Regulation (EU) No 806/2014
Article 74 a – paragraph 1
1. The DIF is hereby established. It shall be filled by risk-based contributions owed to the Board by credit institutions affiliated to participating DGSs. The risk-based contributions shall be calculated and invoiced, on behalf of the Board, by participating DGSs by the Board.
2024/03/13
Committee: ECON
Amendment 244 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 34
Regulation (EU) No 806/2014
Article 74 a – paragraph 1 a (new)
1a. The risk-based contributions to be paid by credit institutions to participating DGSs shall be calculated and invoiced by the participating DGSs.
2024/03/13
Committee: ECON
Amendment 259 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 34
Regulation (EU) No 806/2014
Article 74 c – paragraph 1
1. Each year during the reinsurance and co-insurance period, the Board shall, after consulting the ECB and the national competent authority and in close cooperation with the participating DGSs and designated authorities, determine for each participating DGS the total amount of ex-ante contributions that it may claim from the credit institutions affiliated to the respective participating DGS in order to reach or maintainthe target levels provided for in Article 74b. The total amount of contributions shall not exceed the target levels provided for in Article 74b (1) and (2).
2024/03/13
Committee: ECON
Amendment 265 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 34
Regulation (EU) No 806/2014
Article 74 c – paragraph 4 –subparagraph 1
The contributions that credit institutions affiliated to a participating DGS pay into the DIF in accordance with this Article shall count towards the minimum target level that the participating DGS shall reach in accordance with the first subparagraph of Article 10(2) of Directive 2014/49/EU. If the participating DGS, by 3 July 2024 or any later date, has followed the funding path set out in Article 41j and credit institutions affiliated to it paid to the DIF all ex-ante contributions that, until 3 July 2024, had to be paid to the DIF, these contributions shall constitute the full contribution owed in order to reach the target level in accordance with the first subparagraph of Article 10(2) of Directive 2014/49/EU.deleted
2024/03/13
Committee: ECON
Amendment 284 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 34
Regulation (EU) No 806/2014
Article 74 c – paragraph 5 –subparagraph 4 – point f a (new)
(fa) the level and diversification of exposure to sovereign debt by credit institutions affiliated to a participating DGS.
2024/03/13
Committee: ECON
Amendment 305 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 34
Regulation (EU) No 806/2014
Article 74 g – paragraph 3
3. Any expenses incurred by the use of the borrowings specified in paragraph 1 shall be borne by Part III of the budget of the Board and not by the Union budget or the participating Member Statesthe DGS concerned.
2024/03/13
Committee: ECON
Amendment 319 #

2015/0270(COD)

Proposal for a regulation
Article 1 – paragraph 1 – point 40
Regulation (EU) No 806/2014
Article 99 – paragraph 5 a
5a. By way of derogation from paragraph 2, Article 1(2), Part IIa and Part III, Title V Chapter 2 Section 1a shall apply from [OP insertthe date of entry into force of this Regulation]e Directive on accelerated extrajudicial collateral enforcement mechanism;
2024/03/13
Committee: ECON
Amendment 11 #

2014/0170(NLE)

Motion for a resolution
Paragraph 6
6. Welcomes the fact that, according to the Convergence Report, there have been no tensions surrounding the litas-euro exchange rate during the two-year assessment period, and Lithuania therefore fulfils this convergence criterion;
2014/07/10
Committee: ECON
Amendment 16 #

2014/0170(NLE)

Motion for a resolution
Paragraph 7a (new)
7a. Welcomes the fact that, according to the Convergence Report, legislation in Lithuania is fully compatible with the compliance duty under Article 131 of the Treaty on the Functioning of the European Union;
2014/07/10
Committee: ECON
Amendment 17 #

2014/0170(NLE)

Motion for a resolution
Paragraph 7b (new)
7b. Welcomes in this regard in particular the compatibility of the law on Lietuvos bankas with the principle of central bank independence set out in Article 131 of the Treaty on the Functioning of the European Union and mirrored in Article 7 of the Statute of the European System of Central Banks and of the European Central Bank;
2014/07/10
Committee: ECON
Amendment 16 #

2013/0186(COD)

Proposal for a regulation
Recital 1
(1) Regulation (EC) No 549/2004 of the European Parliament and of the Council23 , Regulation (EC) No 550/2004 of the European Parliament and of the Council24 and Regulation (EC) No 551/2004 of the European Parliament and of the Council25 have been substantially amended. Since further amendments are to be made in order to ensure that airspace policy is future-proof and fosters the resilience, efficiency and competitiveness of the sector, those Regulations should be recast in the interests of clarity. __________________ 23 Regulation (EC) No 549/2004 of the European Parliament and of the Council of 10 March 2004 laying down the framework for the creation of the single European sky (the framework Regulation) (OJ L 96, 31.3.2004, p. 1). 24Regulation (EC) No 550/2004 of the European Parliament and of the Council of 10 March 2004 on the provision of air navigation services in the single European sky (the service provision Regulation) (OJ L 96, 31.3.2004, p. 10). 25 Regulation (EC) No 551/2004 of the European Parliament and of the Council of 10 March 2004 on the organisation and use of the airspace in the single European sky (the airspace Regulation) (OJ L 96, 31.3.2004, p. 20).
2021/02/05
Committee: TRAN
Amendment 57 #

2013/0186(COD)

Proposal for a regulation
Recital 21
(21) The entry of unmanned aircraft operations must lead to a safe and shared use of the European airspace amongst unmanned and traditional operations. The integrated traffic management of unmanned aircraft requires the availability of common information services in view of a common understanding of airspace activity. In order to contain the costs of such traffic management, prices for common information services should be based on cost and a reasonable mark-up for profit, and should be subject to approval by national supervisory authorities. To enable the provision of the service, the required data should be made available by air navigation service providers.
2021/02/05
Committee: TRAN
Amendment 81 #

2013/0186(COD)

Proposal for a regulation
Recital 28
(28) Article 15 of the 1944 Chicago Convention on Civil Aviation recognises that charges may be imposed or are permitted to be imposed by a contracting State for the use of air navigation facilities. The charging scheme should be based on the principle that airspace users should pay for the cost incurred for the provisionnecessary use of the services received but that only cost imputable to the use of such service and not covered otherwise should be taken into account. The costs related to the Network Manager should be included in the determined costs eligible to be charged to airspace users. Charges should encourage the safe, efficient, effective and sustainable provision of air navigation services with a view to achieving a high level of safety and cost-efficiency and meeting the performance targets and they should stimulate integrated service provision, whilst reducing the environmental impact of aviation.
2021/02/05
Committee: TRAN
Amendment 86 #

2013/0186(COD)

Proposal for a regulation
Recital 30
(30) In order to incentivise airspace users to fly the shortest route, in particular in times of congestion, it should be possible to establish a common unit rate for en route services across the Single European Sky airspace. The establishment of any such common unit rate should be revenue neutral for air traffic service providers.deleted
2021/02/05
Committee: TRAN
Amendment 130 #

2013/0186(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 13
13. ‘airspace structure’ means a specific volume and use of airspace defined with a view to ensuring the safe and optimal operation of aircraft;
2021/02/05
Committee: TRAN
Amendment 145 #

2013/0186(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 35 a (new)
35a. ‘functional airspace block’ means an airspace block based on operational requirements and established regardless of State boundaries, where the provision of air navigation services and related functions are performance-driven and optimised with a view to introducing, in each functional airspace block, enhanced cooperation among air navigation service providers or, where appropriate, an integrated provider;
2021/02/05
Committee: TRAN
Amendment 146 #

2013/0186(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 38
38. ‘meteorological services’ means the use of facilities and services that provide aircraft with meteorological forecasts, warnings, briefings and observations for air navigation purposes , as well as any other meteorological information and data provided by States for aeronautical use;
2021/02/05
Committee: TRAN
Amendment 157 #

2013/0186(COD)

Proposal for a regulation
Article 2 – paragraph 1 – point 57 a (new)
57a. “liability of ANSPs” means that ANSPs are legally responsible for costs linked to delays and cancellations due to ATM issues which fall within the control of ANSPs.
2021/02/05
Committee: TRAN
Amendment 168 #

2013/0186(COD)

Proposal for a regulation
Article 3 – paragraph 3 – introductory part
3. Without prejudice to paragraph 1, the national supervisory authorities shall be legally, budgetary and financially distinct and independent from any other public or private entity in terms of their organisation, functioning, legal structure and decision- making.
2021/02/05
Committee: TRAN
Amendment 175 #

2013/0186(COD)

Proposal for a regulation
Article 3 – paragraph 3 – subparagraph 1
The national supervisory authorities shall also be independent in terms of their organisation, budget and financing, funding decisions, legal structure and decision-making from any air navigation service provider.
2021/02/05
Committee: TRAN
Amendment 182 #

2013/0186(COD)

Proposal for a regulation
Article 3 – paragraph 5 – introductory part
5. Staff of the national supervisory authorities shall comply with the following requirements:deleted
2021/02/05
Committee: TRAN
Amendment 183 #

2013/0186(COD)

Proposal for a regulation
Article 3 – paragraph 5 – point a
(a) they shall be recruited under clear and transparent processes which ensure their independence;deleted
2021/02/05
Committee: TRAN
Amendment 184 #

2013/0186(COD)

Proposal for a regulation
Article 3 – paragraph 5 – point b
(b) they shall be selected on the basis of their specific qualifications, including appropriate competence and relevant experience or they shall be subject to appropriate training.deleted
2021/02/05
Committee: TRAN
Amendment 191 #

2013/0186(COD)

Proposal for a regulation
Article 3 – paragraph 6 – introductory part
6. In addition to the requirements set out in paragraph 5, persons in charge of strategic decisions shall be appointed by an entity of the Member State concerned which does not directly exert ownership rights over air navigation service providers. Member States shall decide whether these persons are appointed for a fixed and renewable term, or on a permanent basis which only allows dismissal for reasons not related to their decision-making. Persons in charge of strategic decisions shall not seek or take instructions from any government or other public or private entity when carrying out their functions for the national supervisory authority and shall have full authority over the recruitment and management of its staffrefrain from any direct or indirect interest that may be considered prejudicial to their independence and which may influence the performance of their functions. To that effect, they shall make an annual declaration of commitment and declaration of interests indicating any direct or indirect interests.
2021/02/05
Committee: TRAN
Amendment 197 #

2013/0186(COD)

Proposal for a regulation
Article 3 – paragraph 6 – subparagraph 1
They shall refrain from any direct or indirect interest that may be considered prejudicial to their independence and which may influence the performance of their functions. To that effect, they shall make an annual declaration of commitment and declaration of interests indicating any direct or indirect interests.deleted
2021/02/05
Committee: TRAN
Amendment 214 #

2013/0186(COD)

Proposal for a regulation
Article 3 – paragraph 10
10. The Commission shall establish detailed rules laying down the modalities of recruitment and selection procedures referred to in paragraph 5, points (a) and (b). Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 37(3).deleted
2021/02/05
Committee: TRAN
Amendment 237 #

2013/0186(COD)

Proposal for a regulation
Article 5 – paragraph 3
3. National supervisory authorities shall facilitate the provision of cross-border services by air navigation service providers for the purpose of improving network performance and in respect of the voluntary continuation of functional airspace blocks. In the case of provision of air navigation services in an airspace falling under the responsibility of two or more Member States , the Member States concerned shall conclude an agreement on the supervision to be carried out by them under this Regulation, of the air navigation service providers concerned . The national supervisory authorities concerned may establish a plan specifying the implementation of their co-operation with a view to giving effect to that agreement.
2021/02/05
Committee: TRAN
Amendment 280 #

2013/0186(COD)

Proposal for a regulation
Article 6 – paragraph 1 – subparagraph 1
The economic certificate referred to in this paragraph may be limited, suspended or revoked when the holder no longer complies with the requirements for issuing and maintaining such certificate. The NSA shall develop a contingency plan in collaboration with the Network Manager and the Agency acting as PRB in case of limitation, suspension or revocation of the economic certificate to ensure business continuation.
2021/02/05
Committee: TRAN
Amendment 286 #

2013/0186(COD)

Proposal for a regulation
Article 6 – paragraph 3
3. The economic certificate referred to in paragraph 1 and the certificate referred to in Article 41 of Regulation (EU) No 2018/1139 may be subject to one or several conditions set out in Annex I. Such conditions shall be objectively justified, non-discriminatory, proportionate and transparent. The Commission shall be empowered to adopt delegated acts in accordance with Article 36 in order to amend the list set out in Annex I for the purposes of providing for an economic level playing field and resilience of service provision.
2021/02/05
Committee: TRAN
Amendment 308 #

2013/0186(COD)

Proposal for a regulation
Article 7 – paragraph 1 – subparagraph 1
Each decision to designate an air traffic service provider shall be valid for a maximum of ten years. Member States may decide to renew the designation of an air traffic service provider.deleted
2021/02/05
Committee: TRAN
Amendment 387 #

2013/0186(COD)

Proposal for a regulation
Article 9 – paragraph 1
1. Where common information services are provided, the data disseminated shall present the integrity and quality necessary to enable the safe and integrated provision of services for the management of traffic of unmanned aircraft in a way that enables the shared use of the airspace together with manned aircraft.
2021/02/08
Committee: TRAN
Amendment 410 #

2013/0186(COD)

Proposal for a regulation
Article 10 – paragraph 2 – point a
(a) Union -wide performance targets in the key performance areas of safety, the environment, capacity and cost-efficiency for each reference period;
2021/02/08
Committee: TRAN
Amendment 412 #

2013/0186(COD)

Proposal for a regulation
Article 10 – paragraph 2 – point b
(b) national performance plans or plans for functional airspace blocks, including binding performance targets in the key performance areas mentioned in point (a) for each reference period ;
2021/02/08
Committee: TRAN
Amendment 437 #

2013/0186(COD)

Proposal for a regulation
Article 10 a (new)
Article 10a Consultation of stakeholders The Member States, acting in accordance with their national legislation, shall establish consultation mechanisms for appropriate involvement of stakeholders, including professional staff representative bodies, in the implementation of the Single European Sky.
2021/02/08
Committee: TRAN
Amendment 467 #

2013/0186(COD)

Proposal for a regulation
Article 13 – paragraph 1 – subparagraph 1
The draft performance plans shall be adopted after the setting of Union-wide performance targets and before the start of the reference period concerned. They shall contain performance targets for en route air navigation services in the key performance areas of the environment, capacity and cost-efficiency, consistent with the Union- wide performance targets. Those draft performance plans shall take account of the European ATM Master Plan. The draft performance plans shall be made publicly available. In order to ensure the uniform, transparent and independent compliance with this article, airspace users shall always be involved in the development of performance plans and performance targets for en route air navigation services of designated air traffic service providers.
2021/02/08
Committee: TRAN
Amendment 558 #

2013/0186(COD)

Proposal for a regulation
Article 13 – paragraph 11 – introductory part
11. The Agency acting as PRB shall issue regular reports, within the time limits referred to in the implementing acts to be adopted in accordance with Article 18, on the monitoring of performance of en route air navigation services and network functions, including regular assessments of the achievement of the en route Union- wide performance targets and of performance targets for en route air navigation services for air traffic service providers and making the results of those assessments publicly available after consultation of the airspace users.
2021/02/08
Committee: TRAN
Amendment 676 #

2013/0186(COD)

Proposal for a regulation
Article 19 – paragraph 1
1. Without prejudice to the possibility for Member States to finance the provision of air traffic services covered in this Article through public funds, charges for air navigation services shall be determined, imposed and enforced on airspace users for the use of airspace navigation services only.
2021/02/08
Committee: TRAN
Amendment 690 #

2013/0186(COD)

Proposal for a regulation
Article 20 – paragraph 2
2. The determined costs referred to in paragraph 1 shall include the costs of relevantcost-efficiently include the eligible and unavoidable costs of the use of necessary facilities and services, appropriate amounts for interest on capital investment and depreciation of assets, as well as the costs of maintenance, operation, management and administration.
2021/02/08
Committee: TRAN
Amendment 714 #

2013/0186(COD)

Proposal for a regulation
Article 21 – paragraph 2 – subparagraph 1
For charging purposes, and when congestion causes significant network problems including deterioration of environmental performance, the Commission may define, by way of an Implementing Regulation adopted in accordance with the examination procedure referred to in Article 37(3), a common unit rate for en route air navigation services across the Single European Sky airspace, and detailed rules and procedures for its application. The common unit rate referred to in the first subparagraph shall be calculated on the basis of a weighted average of the different unit rates of the air navigation service providers concerned. The proceeds of the common unit rate shall be reallocated so as to achieve revenue neutrality for those air traffic service providers concerned.deleted
2021/02/09
Committee: TRAN
Amendment 750 #

2013/0186(COD)

Proposal for a regulation
Article 24 – paragraph 1
1. The Commission shall regularly review the compliance with Articles 10 to 17 and 19 to 22 and the implementing acts referred to in Articles 18 and 23, by the air traffic service providers and the Member States, as the case may be. The Commission shall act in consultation with airspace users, the Agency acting as PRB and with national supervisory authorities.
2021/02/09
Committee: TRAN
Amendment 755 #

2013/0186(COD)

Proposal for a regulation
Article 24 – paragraph 2
2. At the request of one or more Member States, of a national supervisory authority or, of the Commission, of airspace users or a relevant group representing them, the Agency acting as PRB shall carry out an investigation into any allegation of non- compliance as referred to in paragraph 1. Where it has indications of such non- compliance, the Agency acting as PRB may initiate an investigation on its own initiative. It shall conclude the investigation within four months of receipt of a request, after having heard the Member State, the national supervisory authority concerned and the designated air traffic service provider concerned. Without prejudice to Article 41(1), the Agency acting as PRB shall share the results of the investigation with the Member States concerned, the air traffic service providers concerned and the Commission.
2021/02/09
Committee: TRAN
Amendment 764 #

2013/0186(COD)

Proposal for a regulation
Article 25 – paragraph 2
2. National supervisory authorities, airspace users or a relevant group representing them and the Agency acting as PRB shall have the right to access the accounts of the air navigation service providers under their supervision. Member States may decide to grant access to these accounts to other supervisory authorities.
2021/02/09
Committee: TRAN
Amendment 775 #

2013/0186(COD)

Proposal for a regulation
Article 25 – paragraph 4
4. The financial data on costs and revenues reported in accordance with Article 19(6) and other information relevant for the calculation of unit rates shall be audited or verified by the national supervisory authority or an entity independent of the air navigation service provider concerned and approved by the national supervisory authority after consultation of the airspace users. The conclusions of the audit shall be made publicly available.
2021/02/09
Committee: TRAN
Amendment 776 #

2013/0186(COD)

Proposal for a regulation
Article 25 a (new)
Article 25a Industrial partnerships Air navigation service providers may cooperate to set up industrial partnerships. The industrial partnerships may support one or more functional airspace blocks, or any part thereof, in order to maximise performance.
2021/02/09
Committee: TRAN
Amendment 777 #

2013/0186(COD)

Proposal for a regulation
Article 25 b (new)
Article 25b Functional Airspace Blocks 1. Member States may take all necessary measures in order to ensure the implementation of functional airspace blocks with a view to achieving the required capacity and efficiency of the air traffic management network within the Single European Sky and maintaining a high level of safety and contributing to the overall performance of the air transport system and reduced environmental impact. Member States may jointly execute tasks and responsibilities under this Regulation at the level of the functional airspace block. Where relevant, cooperation may also include third countries taking part in functional airspace blocks.
2021/02/09
Committee: TRAN
Amendment 780 #

2013/0186(COD)

Proposal for a regulation
Article 26 – paragraph 1
1. The air traffic management network functions shall ensure the sustainable and efficient use of the airspace and of scarce resources. They shall also ensure that airspace users can operate environmentally optimal trajectories, while allowing maximum access to airspace and air navigation services. Those network functions , enumerated in paragraphs 2 and 3, shall support the achievement of the Union-wide performance targets and shall be based on operational requirements and be aimed at supporting initiatives at national level and at the level of functional airspace blocks and shall be executed in a manner which respects the separation of regulatory and operational tasks.
2021/02/09
Committee: TRAN
Amendment 814 #

2013/0186(COD)

Proposal for a regulation
Article 26 – paragraph 4
4. The functions listed in paragraphs 2 and 3 shall not involve the adoption of binding measures of a general scope or the exercise of political discretion. They shall take into account proposals established at national level and at the level of functional airspace blocks. They shall be performed in coordination with military authorities in accordance with agreed procedures concerning the flexible use of airspace.
2021/02/09
Committee: TRAN
Amendment 846 #

2013/0186(COD)

Proposal for a regulation
Article 27 – paragraph 6 – point a
(a) based on a cooperative decision- making process decide on individual measures to implement the network functions and to support the effective implementation of the binding Network Operations Plan and the achievement of the binding performance targets;
2021/02/09
Committee: TRAN
Amendment 909 #

2013/0186(COD)

Proposal for a regulation
Article 38 – paragraph 1
1. Member States, national supervisory authorities, the Agency whether or not it is acting as PRB and the Network Manager shall establish binding and annual consultation mechanisms for appropriate consultation of stakeholders for the exercise of their tasks in the implementation of this Regulation.
2021/02/09
Committee: TRAN
Amendment 917 #

2013/0186(COD)

Proposal for a regulation
Article 38 a (new)
Article 38a Industry consultation body Without prejudice to the role of the Committee and of Eurocontrol, the Commission shall establish an ‘industry consultation body’, to which air navigation service providers, associations of airspace users, airport operators, the manufacturing industry and professional staff representative bodies shall belong. The role of this body shall solely be to advise the Commission on the implementation of the single European sky.
2021/02/09
Committee: TRAN