8 Amendments of Raffaele FITTO related to 2016/2098(INI)
Amendment 50 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Is of the opinion that the EIB should systematically pay attention to mid- and long-term effects when defining investment actions and its funding decisions; considers it necessary for the EIB to invest in projects of systemic importance in the long term; calls on the EIB to finance more high-risk, structurally innovative projects while allocating less funding to low-risk projects which can be funded by the private market and by national banks;
Amendment 86 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Encourages the EIB to be more pro-active towards Member States in order to provide capacity-building and advisory services for the preparation of investment projects through better cooperation with relevant national or decentralised authorities or national promotional banksstep up dialogue and cooperation with Member States and the respective local authorities and national promotional banks in order to provide capacity-building and advisory services for the preparation of investment projects, and to optimise in the best possible way the use of the European Structural and Investment Funds and EIB financing;
Amendment 92 #
Motion for a resolution
Paragraph 22
Paragraph 22
22. Acknowledges the central role of SMEs and mid-caps in the EU economy of the EU and of the individual Member States in terms of employment and growth; encourages the EIB to intensify its support to all kinds of SMEs (start-ups, micro- medium sized businesses, business clusters), with a focus on new business models with high potential job opportunities for young people; calls on the EIB, in this context, to make the necessary efforts to ensure full implementation of the SME Initiative programme;
Amendment 99 #
Motion for a resolution
Paragraph 25
Paragraph 25
25. Invites the EIB to increase its intervention risk profile, especially when supporting SMEs which are taking risks or evolving in economic regions that have to beally disadvantaged regions or regions which lack stabilisedty; believes also that the SME sector and its access to financing is a recurrent and longstanding objective to be pursued;
Amendment 109 #
Motion for a resolution
Paragraph 29
Paragraph 29
29. Invites the EIB to define a new global infrastructure agenda based on efficient projects of common interest such as transport (Connected Europe), while considering their compatibility with environmental and climate policy objectives and regional development; calls on the EIB to develop new financial instruments for the building of infrastructure and works under the terms of macroregional strategies;
Amendment 133 #
Motion for a resolution
Paragraph 36
Paragraph 36
36. Notes that in order to make full use of the additional risk bearing capacity, the EIB Group is developing various new products that will allow for higher risk taking (e.g. subordinated debt, equity-type, risk sharing with banks), and has reviewed its credit risk policy and eligibilities to allow for increased flexibility; the EIB is increasing its support to innovative companies or to infrastructure projects, as with the support of the EFSI; hopes that the EIB canwill support a larger number of these risky projects;
Amendment 162 #
Motion for a resolution
Paragraph 55
Paragraph 55
55. Calls for an increasingly high level of transparency to be ensured in the EIB’s disclosure policy as regards its governance bodies, in particular through the disclosure of the minutes of the meetings of the EIB’s and EIF’s Board of Directors or the EFSI Investment Committee and as regards projects of public interest benefiting from the EU budget guarantee and impacting EU territories and citizens; considers the disclosure of the scoreboard of indicators to be good practice for any operation and for the environmental and social impact assessments at the level of projects or subprojects;
Amendment 178 #
Motion for a resolution
Paragraph 59
Paragraph 59
59. Invites the EIB also to maintain regular cooperation with other national and international financial institutions through the exchange of information on the results of its corporate or tax due diligence or ‘Know Your Customer’ review;