Activities of Antonio Maria RINALDI related to 2021/2251(INI)
Plenary speeches (1)
Implementation of the Recovery and Resilience Facility (debate)
Amendments (7)
Amendment 48 #
Motion for a resolution
Paragraph 2
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, the RRF has had and will have in the coming years limited positive effects on gross domestic product (GDP) and that its effective implementation will be key, but insufficient 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; despite the fact that most of the contribution to investment comes from the expenditure provided from national budgets, as certified by the European Commission's autumn 2021forecasts;
Amendment 61 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Notes that, according to the Commission, the real GDP of the EU-27 could be around 1.5 % higherCalls on the Commission to recalculate the real GDP of the EU-27 in 2024, than withaking into account NGEU investments19 , when implemented effectivelythe increased energy prices and the Russo-Ukrainian War;; notes, furthermore, that the Commission forecasts that RRF grants will fund 24 % of total recovery support measures in 2022; __________________ 19 European Commission discussion paper 144, Quantifying Spillovers of Next Generation EU Investment, July 2021. https://ec.europa.eu/info/sites/default/files /economy-finance/dp144_en.pdf
Amendment 103 #
Motion for a resolution
Paragraph 7 a (new)
Paragraph 7 a (new)
7 a. Considering the unsustainable increase in raw material prices, strongly aggravated by the economic sanctions applied following Russian aggression in Ukraine, and the negative effects that this will have on a large part of the European economy, believes that is necessary a repositioning of the objectives, timeframes and conditionalities originally envisaged by the NGEU agenda in order to allow the requesting Member States to adapt their respective NRRPs to the changed needs;
Amendment 134 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Tasks the Commission with analysiBelieves that among the reasons why the Member States have not requested loans to the full extent of their allocation are the many conditionalities linked to these funds, which is why many countries have chosen to continue financing on their own in the markets;
Amendment 178 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Notes the fact that the Commission’s assessments concluded that all approved NRRPs address all six pillars of the RRF and satisfactorily fulfil all assessment criteria as set out in RRF Regulation and represent a balanced package of reforms and investments; considers that Member States could have better aligned their NRRPs to the six RRF pillars and the requirements of the RRF Regulthe assessment criteria of the RRF Regulation should be however revised to allow greater investment in gas and nuclear infrastructures, in order to achieve a fast and stable energy independence of European countries from the Russian Federation;
Amendment 190 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. Reminds the Commission that the rule of law conditionality mechanism is an essential component of the RRF; calls on it to refrain from approvingevaluate objectively and without external political pressure the NRRPs of Poland and Hungary as long as conc; considerns regarding the observance of the rule of law and the prevention and detection of and fight against fraud, conflicts of interest and corruption persist in those countries, and to ensure that all the measures set out paradoxical to block European funding to two of the countries at the forefront of migration management following their plans comply with EU values enshrined in Article 2 of the Treaty on European Union invasion of Ukraine;
Amendment 205 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Notes that all approved NRRPs expect to reach the green target of at least 37 % set out in the RRF Regulation and that the overall climate expenditure of all approved NRRPs reaches almost 50 % or EUR 220 billion; questions the real added value of these investments in order to improve the safety of the Union's energy supplies;