16 Amendments of Tamás DEUTSCH related to 2015/0009(COD)
Amendment 70 #
Proposal for a regulation
Recital 26
Recital 26
(26) Alongside the financing operations that will be conducted through the EFSI, a European Investment Advisory Hub ('EIAH') should be created. The EIAH should provide strengthened support for project development and preparation across the Union, by building on the expertise of the Commission, the EIB, national promotional banks and the managing authorities of the European Structural and Investment Funds. This should establish a single point of entry for questions related to technical assistance for investments within the Union, providing technical assistance on a decentralised basis where possible. The setting up of the EIAH as a single entry point and the new services provided by it shall in no way alter the objective of existing technical assistance programmes or affect the quality or capacity of these in carrying out their dedicated tasks.
Amendment 97 #
Proposal for a regulation
Article 2 – paragraph 2 – subparagraph 1
Article 2 – paragraph 2 – subparagraph 1
2. The EFSI Agreement shall provide for the creation of a European Investment Advisory Hub ('EIAH') within the EIB. The EIAH shall have as its objective to build upon existing EIB and Commission advisory services where possible in a decentralised manner in order to provide advisory support for investment project identification, preparation and development and act as a single technical advisory hub for project financing within the Union. This shall include support on the use of technical assistance for project structuring, use of innovative financial instruments, use of public-private partnerships and advice, as appropriate, on relevant issues of EU legislation.
Amendment 103 #
Proposal for a regulation
Article 3 – paragraph 1
Article 3 – paragraph 1
1. The EFSI Agreement shall provide that the EFSI shall be governed by a Steering Board, which shall determine the strategic orientation, the strategic asset allocation and operating policies and procedures, including the investment policy of projects that EFSI can support and the risk profile of the EFSI, in conformity with the objectives under Article 5(2). When establishing the investment policy and the risk profile for the EFSI support, the Steering Board shall take into account the need to avoid excessive geographical concentration. The Steering Board shall elect one of its members to be Chairperson.
Amendment 110 #
Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 2
Article 3 – paragraph 5 – subparagraph 2
The Investment Committee shall be composed of sixtwelve independent experts and the Managing Director selected via an open and transparent selection procedure. Independent experts shall have a high level of relevant market experience in project finance, extensive knowledge of the sectors and geographical markets of the Union and be appointed by the Steering Board for a renewable fixed term of three years.
Amendment 394 #
Proposal for a regulation
Recital 21
Recital 21
(21) The EFSI should complement and be additional to ongoing EU programmes and traditional EIB activities. In that context, the full use of all existing and allocated EU resources should be encouraged, under the existing rules. Provided that all relevant eligibility criteria are fulfilled, Member States may use European Structural Investment Fundsshould be able to use any type of Union financing to contribute to the financing of eligible projects that are supported by the EU guarantee. The flexibility of this approach should maximise the potential to attract investors to the areas of investment targeted by the EFSI.
Amendment 444 #
Proposal for a regulation
Recital 26
Recital 26
(26) Alongside the financing operations that will be conducted through the EFSI, a European Investment Advisory Hub ('EIAH') should be created. The EIAH should provide strengthened support for project development and preparation across the Union, by building on the expertise of the Commission, the EIB, national promotional banks and the managing authorities of the European Structural and Investment Funds. This should establish a single point of entry for questions related to technical assistance for investments within the Union. where possible providing technical assistance to on a decentralised basis. The setting up of the EIAH as a single entry point and the new services provided by it shall in no way alter objective of existing technical assistance programmes or affect the quality or capacity of these in carrying out their dedicated tasks.
Amendment 462 #
Proposal for a regulation
Recital 28 a (new)
Recital 28 a (new)
(28a) All payments to the guarantee fund and budget decisions otherwise associated with the operation of the EFSI should be fully consistent with the terms of the multiannual financial framework and authorised by the European Parliament and the Council through the annual budgetary procedure.
Amendment 698 #
Proposal for a regulation
Article 2 – paragraph 2 – subparagraph 1
Article 2 – paragraph 2 – subparagraph 1
The EFSI Agreement shall provide for the creation of a European Investment Advisory Hub ('EIAH') within the EIB. The EIAH shall have as its objective to build upon and complement existing EIB and Commission advisory services where possible in a decentralised manner in order to provide advisory support for investment project identification, preparation and development and act as a single technical advisory hub for project financing within the Unionframework of the EFSI. This shall include support on the use of technical assistance for project structuring, use of innovative financial instruments, use of public-private partnerships and advice, as appropriate and without prejudice to the competence of the Commission to oversee the application of Union law, on relevant issues of EU legislation.
Amendment 761 #
Proposal for a regulation
Article 3 – paragraph 1
Article 3 – paragraph 1
1. The EFSI Agreement shall provide that the EFSI shall be governed by a Steering Board, which shall determine the strategic orientation, the strategic asset allocation and operating policies and procedures, including the investment policy of projects that EFSI can support and the risk profile of the EFSI, in conformity with the objectives under Article 5(2). When establishing the investment policy and the risk profile for the EFSI support, the Steering Board shall take into account the need to avoid excessive geographical concentration. The Steering Board shall elect one of its members to be Chairperson.
Amendment 841 #
Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 1
Article 3 – paragraph 5 – subparagraph 1
The EFSI Agreement shall provide that the EFSI shall have an Investment Committee, which shall be responsible for examining potential operations in line with the EFSI investment policies and approving the support of the EU guarantee for operations in line with Article 5, irrespective of their geographic location. The Investment Committee shall be composed of twelve independent experts and the Managing Director selected via an open and transparent selection procedure. Independent experts shall have a high level of relevant market experience in project finance, extensive knowledge of the sectors and geographical markets of the Union and be appointed by the Steering Board for a renewable fixed term of three years. Decisions of the Investment Committee shall be taken by simple majority.
Amendment 847 #
Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 1 a (new)
Article 3 – paragraph 5 – subparagraph 1 a (new)
The Investment Committee shall take into account the Union's goal of economic, social and territorial cohesion and avoid further disbalances across the regions of the European Union.
Amendment 946 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – point a
Article 5 – paragraph 2 – subparagraph 1 – point a
(a) development of infrastructure, including in the areas of transport, particularly in industrial centres; energy, in particular energy interconnections; and digital infrastructure;
Amendment 965 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – point b
Article 5 – paragraph 2 – subparagraph 1 – point b
(b) investment in education and training, health, research and development, information and communications technologyresearch and development and innovation;
Amendment 980 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – point c
Article 5 – paragraph 2 – subparagraph 1 – point c
(c) expansion of renewable energy and energy and resource efficiency; investment in education and training, health, information and communications technology;
Amendment 994 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – point d
Article 5 – paragraph 2 – subparagraph 1 – point d
(d) infrastructure projects in the environmental, natural resources, urban development and social fieldsdevelopment of the energy sector;
Amendment 1041 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 2 a (new)
Article 5 – paragraph 2 – subparagraph 2 a (new)
This broad scope should not be limited neither by the EFSI Agreement referred to in Article 1(1) and Article (2) nor the investment orientations to be adopted by the Steering Board, referred to in Article 3(1).