Activities of Cătălin Sorin IVAN related to 2015/0009(COD)
Plenary speeches (1)
European Fund for Strategic Investments (debate) RO
Amendments (4)
Amendment 189 #
Proposal for a regulation
Recital 11
Recital 11
(11) The EFSI should support strategic investments with high economic and social value added contributing to achieving Union policy objectives.
Amendment 250 #
Proposal for a regulation
Recital 14
Recital 14
(14) The EFSI should target projects delivering high societal and sustainable economic added value. In particular, the EFSI should target projects that promote job creation, long- term growth and competitiveness. The EFSI should support a wide range of financial products, including equity, debt or guarantees, to best accommodate the needs of the individual project. This wide range of products should allow the EFSI to adapt to market needs whilst encouraging private investment in the projects. The EFSI should not be a substitute for private market finance but should instead catalyse private finance by addressing market failures so as to ensure the most effective and strategic use of public money. The requirement for consistency with State aid principles should contribute to such effective and strategic use.
Amendment 494 #
Proposal for a regulation
Recital 31
Recital 31
(31) Within the Union, there are a significant number of potentially viable projects that are not being financed due to a lack of certainty and transparency with respect to such projects. Often, this is because private investors are not aware of the projects or have insufficient information to make an assessment of the investment risks. The Commission and the EIB, with support from the Member States, should promote the creation of a transparent pipeline of current and future investment projects in the Union suitable for investment. In order to maximize the expertise available, Member States, regions and public authorities should be allowed to contribute by providing relevant information and proposals throughout the selection process. This 'project pipeline' should ensure that information is made publicly available, within a reasonable time frame, regarding investment projects on a regular and structured basis to ensure that investors have reliable information on which to base their investment decisions.
Amendment 587 #
Proposal for a regulation
Article 1 – paragraph 2
Article 1 – paragraph 2
2. The EFSI Agreement shall be open to accession by Member States. Subject to the consent of existing contributors, the EFSI Agreement shall also be open to accession by other third parties, including national promotional banks or public agencies owned or controlled by Member States, and private sector entities. It should ensure a balanced distribution of investments across the Union to contribute to reducing the development gap between different Member States and across different regions of the Union by taking into account equitable geographical distribution.