10 Amendments of Ieke van den BURG related to 2008/2155(INI)
Amendment 9 #
Motion for a resolution
Recital E a (new)
Recital E a (new)
Ea. whereas in the present turmoil, with the tremendous lack of liquidity and credits for companies, the EIB should play a major role in the economic recovery plans of the European Commission and the Member States,
Amendment 10 #
Motion for a resolution
Recital F a (new)
Recital F a (new)
Fa. whereas the role of the EIB as issuer of highly rated triple A bonds for the international capital markets should be emphasized and enhanced,
Amendment 17 #
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Calls on the governors of the EIB - the Ministers of Finance - to attribute a major role to the EIB in the present crisis to mitigate the recession by providing liquidity to the European market and by attracting capital from global investors looking for safe long term investments, through issuance of highly rated long term bonds;
Amendment 20 #
Motion for a resolution
Paragraph 1 b (new)
Paragraph 1 b (new)
1b. Calls on Member States to fully exploit the instruments of venture capital, global loans, and micro credit facilities offered by the EIB programs and facilities;
Amendment 31 #
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Urges for qualitatively high standing (micro) prudential supervision and macro economic stability surveillance on the EIB, to be executed for the short term with the involvement of the European Banking Supervisory Committee and the ECB; in future this supervision could be executed by a European prudential supervisory system linked to the prudential supervision over cross border financial institutions established in the EU;
Amendment 66 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Welcomes the Council decimportant role which the Commission to enhance the EIBEuropean Recovery plan has assigned to the EIB, especially with regard to the enhanced financing of SMEs in the Member States; calls on the Member States to increase the capital basis of the EIB accordingly;
Amendment 74 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Underlines that in the current period of tight credit conditions the role of the two banks is highlighted both inside and outside the European Union, for example in Russia, where after years of domestic liquidity, the private banking sector is squeezed; calls on both banks to keep their commitments with regard to third countries also in economic difficult times;
Amendment 76 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. Suggests, that depending onPoints out, that considering the magnitude of the effects of the financial crisis on the real economy, the EIB should beis rightly invited to enhance its support to the newose Member States and that a review of the definition of the "transition" countries and an evaluation of the need of the EBRD to delay its withdrawal from those Member States should be undertakens well as those sectors and branches which were most severely affected, and especially with regard to innovative investment fields;
Amendment 80 #
Motion for a resolution
Paragraph 18 a (new)
Paragraph 18 a (new)
18a. Considers that the EIB should have a crucial role to play in the European recovery plan and that a large share of the funds referred to in the recovery plan is within its competence; calls on the Member States to agree on the proposed EIB capital increase, but doubts if the 15 billion EUR figure is sufficient in relation to the extent of needs; reminds that some of the EIB interventions require support from the EU budget and urges for an open discussion about this;
Amendment 82 #
Motion for a resolution
Paragraph 18 b (new)
Paragraph 18 b (new)
18a. Notes that the spread in sovereign bond yields between Member States is rapidly increasing and that even the highest rated bonds experience problems in finding sufficient buyers; calls on Member States to join forces and to consider the instrument of Eurobonds, as a low cost financing instrument for major European political priorities; stresses that Eurobonds may help to reduce public debt and be successful in particular in attracting foreign savings;