8 Amendments of Georgios PAPASTAMKOS related to 2012/2027(INI)
Amendment 2 #
Motion for a resolution
Recital D a (new)
Recital D a (new)
Da. whereas, according to the European Parliament's Resolution of 8 June 2011 on Investing in the future: a new Multiannual Financial Framework (MFF) for a competitive, sustainable and inclusive Europe, the implementation framework of the innovative financial instruments should be decided through the ordinary legislative procedure, in order to ensure a continuous flow of information and participation of the budgetary authority regarding the use of these instruments across the Union, allowing Parliament to verify that its political priorities are met, as well as a strengthened control on such instruments from the European Court of Auditors;
Amendment 23 #
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17a. Reiterates that, according to past evaluations, the added value of some financial instruments in relation to existing national support schemes is not evident; Takes the view that the use of financial instruments should have a demonstrable benefit for the Union and its citizens; calls on the Commission to carry out the necessary ex ante assessments in order to ensure that national instruments alone could not have achieved the same results;
Amendment 35 #
Motion for a resolution
Paragraph 27 a (new)
Paragraph 27 a (new)
27a. Points out, however, that the IFs should not be used for projects where it is not possible for benefits to be directly priced and revenues to be raised;
Amendment 39 #
Motion for a resolution
Paragraph 28
Paragraph 28
28. Emphasises the importance of ex ante assessments in identifying situations of market failure or sub-optimal investment conditions, investment needs, potential private sector involvement, possibilities for economies of scale and questions of critical mass; calls on the Commission to propose relevant criteria to govern the role and use of ex ante assessments;
Amendment 43 #
Motion for a resolution
Paragraph 29
Paragraph 29
29. Regards it as essential that a reasonable number of simple, relevant, measurable, specific, uniform and qualitative result indicators should be incorporated into the ex ante and ex post assessments; takes the view that this requirement must not serve to impose an excessive administrative burden on project managers;
Amendment 45 #
Motion for a resolution
Paragraph 30
Paragraph 30
30. Notes, however, that the increase in the number of IFIs is posing many challenges in the areas of regulation, governance and the monitoring of their effectiveness and that it is essential to strike a balance between the need for transparency and monitoring, on the one hand, and a sufficient level of effectiveness and speed of implementation, on the other; Takes the view that reducing the number of the financial instruments could minimize disparities and ensure a sufficient critical mass;
Amendment 46 #
Motion for a resolution
Paragraph 32
Paragraph 32
32. Takes the view, in particular, that the rules on reporting should be improved in order to be clear and, as far as possible, uniform, so that a reasonable balance can be struck between the reliability of information and the attractiveness of IFIs; calls on the Commission to put in place the appropriate management and control systems that will ensure the enforcement of the existing auditing rules;
Amendment 47 #
Motion for a resolution
Paragraph 32 a (new)
Paragraph 32 a (new)
32a. Points out that the conduct of interim evaluations could contribute to a more reliable monitoring system of the use of financial instruments; calls on the Commission to establish rules of procedure for the interim evaluations;