Activities of Dimitrios PAPADIMOULIS related to 2019/2126(INI)
Shadow reports (1)
REPORT on the financial activities of the European Investment Bank – annual report 2019
Amendments (29)
Amendment 2 #
Motion for a resolution
Citation 9 a (new)
Citation 9 a (new)
- having regard to the EIB report entitled ‘Investment Report 2019/2020: Accelerating Europe's Transformation’, published in 2019,
Amendment 3 #
Motion for a resolution
Citation 9 b (new)
Citation 9 b (new)
Amendment 7 #
Motion for a resolution
Citation 14 a (new)
Citation 14 a (new)
- having regard to the Commission’s proposal for the European Green Deal, published on 11 December 2019,
Amendment 38 #
Motion for a resolution
Paragraph 2 a (new)
Paragraph 2 a (new)
2 a. Urges the EIB to address inequalities and disparities between Member States and regions by supporting direct public investments and the development plans of public authorities, particularly in less-developed countries and countries in post financial assistance phase, as well as by advising on the development of new private and public projects, especially in innovation, digitalisation and infrastructure, with the view to promote inclusive growth and economic, social and territorial convergence and cohesion;
Amendment 40 #
Motion for a resolution
Paragraph 2 b (new)
Paragraph 2 b (new)
2 b. Calls on the EIB to adopt a key role in sustainable finance both in and outside Europe and to prioritise through its lending activities the implementation of the 17 Sustainable Development Goals (SDGs) of the UN 2030 Agenda for Sustainable Development by further unlocking investment in social, green and sustainable projects; underlines that the SDGs call for action to promote prosperity and build fair and inclusive economic growth while protecting the planet, ending poverty and addressing a range of fundamental social needs such as education, health, childcare, social protection and job opportunities;
Amendment 48 #
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3 a. Calls on the EIB to emphasise on the consultations with all interested stakeholders affected by its projects, in particular local communities, civil society and population;
Amendment 51 #
Motion for a resolution
Paragraph 3 b (new)
Paragraph 3 b (new)
3 b. Urges the EIB to further enhance its commitment to tackle unemployment, in particular youth unemployment, by supporting direct pubic investment and providing the unemployed with skills, training and access to finance, aiming at high-quality employment;
Amendment 57 #
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4 a. Calls for the exclusion of the EIB programmes from public debt;
Amendment 124 #
Motion for a resolution
Paragraph 19 a (new)
Paragraph 19 a (new)
19 a. Calls on the EIB to further align its activities with the Paris Agreement requirements and the 17 Sustainable Development Goals of the UN 2030 Agenda for Sustainable Development;
Amendment 126 #
Motion for a resolution
Subheading 2 a (new)
Subheading 2 a (new)
Towards the European Green Deal
Amendment 127 #
Motion for a resolution
Paragraph 19 b (new)
Paragraph 19 b (new)
Amendment 130 #
Motion for a resolution
Paragraph 19 c (new)
Paragraph 19 c (new)
19 c. Points out that Member States and regions have different starting points when it comes to the transition to a greener economy and that some of them will be much more exposed to economic and social risks; points out that the EIB, as part of the Just Transition Mechanism, must ensure an adequate, inclusive and fair transition for all;
Amendment 132 #
Motion for a resolution
Paragraph 19 d (new)
Paragraph 19 d (new)
19 d. Calls on the EIB to commit itself and present a fair, coherent and inclusive plan, in consultation with the Member States and regions and in accordance with their social and geographic circumstances, in order to effectively leverage the necessary private and public resources and promote the transition towards a greener economy; emphasises, to this regard, that special attention must be paid to the protection of the citizens and workers that will be most affected by the transition, inter alia, by providing access to re-skilling programmes and by promoting investments in new economic sectors that will create new and high- quality jobs;
Amendment 135 #
Motion for a resolution
Paragraph 20 a (new)
Paragraph 20 a (new)
Amendment 136 #
Motion for a resolution
Paragraph 20 b (new)
Paragraph 20 b (new)
20 b. Notes that external financing for all firms across the EU accounts for just over one-third of their investment funding;
Amendment 138 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Considers that, given the strategic role of SMEs, the EIB should reinforce its administrative and advisory capacities to provide information and technical support to SMEs with a view to facilitating their access to finance, particularly in less- developed countries and countries in post- financial assistance phase;
Amendment 150 #
Motion for a resolution
Paragraph 22 a (new)
Paragraph 22 a (new)
22 a. Welcomes that the EIB is active in more than 130 countries outside the EU, lending to projects to support EU external cooperation and development policies;
Amendment 151 #
Motion for a resolution
Paragraph 22 b (new)
Paragraph 22 b (new)
22 b. Notes that in 2018 the EIB signed financing contracts for 101 new projects outside the EU with a total of approved financing of EUR 9.05 billion aiming at enabling total investments of EUR 41 billion, with a record lending for climate and social and economic infrastructure;
Amendment 156 #
Motion for a resolution
Paragraph 23
Paragraph 23
23. Urges the EIB, the largest multilateral lender in the world, to maintain and further enhance its leading role in future EU financing mechanisms for third countries; calls on the EIB to pay special attention to third countries and regions suffering from conflict and extreme poverty in order to reduce the development gap between the EU and those countries and regions, with a special focus on the Southern Mediterranean and Eastern European Neighbourhood countries, while respecting the legislation of the beneficiary countries and increasing the efficiency of the Results Measurement (ReM) Framework; opposes the recent initiatives to encourage the EIB to be more active in defence and security, migration management and border control;
Amendment 183 #
Motion for a resolution
Subheading 5
Subheading 5
Governance and, transparency and accountability
Amendment 199 #
Motion for a resolution
Paragraph 31
Paragraph 31
31. Calls on the EIB to review its transparency policy in 2020 in order to ensure the timely publication of more ample information on all its financing activities, so as to ensure that its transparency policy is compliant with its social, climate and environmental commitments;
Amendment 200 #
Motion for a resolution
Paragraph 31 a (new)
Paragraph 31 a (new)
31 a. Calls on the EIB to further enhance transparency and access to information especially regarding the contracting and subcontracting system, the results of internal investigations and the selection, monitoring and evaluation of its activities and programmes;
Amendment 209 #
Motion for a resolution
Paragraph 34
Paragraph 34
34. Expects the EIB to adapt its internal policies to take account of the new legal framework put in place to combat not only tax fraud but also tax evasion and tax avoidance; Eencourages the EIB to enhance the independence and efficiency of its Fraud Investigations Division, to work with the European Anti- Fraud Office (OLAF) and national authorities to prevent fraud and money laundering, and to ensure that the European Public Prosecutor takes a proactive interest in the EIB’s activities;
Amendment 212 #
Motion for a resolution
Paragraph 35 a (new)
Paragraph 35 a (new)
35 a. Calls on the EIB to present a list of outstanding EIB transactions, especially those featuring in the list of international tax havens;
Amendment 214 #
Motion for a resolution
Paragraph 36 a (new)
Paragraph 36 a (new)
36 a. Calls on the EIB to enhance its cooperation with the European Ombudsman;
Amendment 215 #
Motion for a resolution
Paragraph 36 b (new)
Paragraph 36 b (new)
36 b. Calls on the EIB to enhance gender representation, especially in its senior positions;
Amendment 216 #
Motion for a resolution
Paragraph 36 c (new)
Paragraph 36 c (new)
36 c. Calls on the EIB to take further steps to reduce bureaucracy and increase its capacity for macroeconomic analysis;
Amendment 218 #
Motion for a resolution
Paragraph 37
Paragraph 37
37. Calls for the European Court of Auditors to be fully empowered to audit all EIB operations and for it to draw up an annual report with recommendations on the results of its external lending activities and their performance and alignment with EU policies;
Amendment 221 #
Motion for a resolution
Paragraph 39
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, including the ability to submit questions for written answer to the EIB as already provided for the ECB;