Activities of Derek VAUGHAN related to 2011/2288(INI)
Shadow opinions (1)
OPINION on attractiveness of investing in Europe
Amendments (9)
Amendment 3 #
Draft opinion
Paragraph 1
Paragraph 1
1. Highlights that the EU's cohesion policy makes an important contribution to the European economy and is the Community's largest source of investment, with the current low levels of growth and high levels of unemployment across the EU, the support given by cohesion policy is integral to improving the economic growth and competitiveness of Member States and their regions; recognises that research and innovation investment is also vital to sustainable growth;
Amendment 13 #
Draft opinion
Paragraph 2
Paragraph 2
2. Stresses that in most Europeanwhile the countries,bution of large firms generate a substantive part of the business sector value added, and insists that for geographically targeted support, the size of the enterprise should not matter as the only criterion should be the quality and required sustainability of the project; to the EU's economy is significant, growth at local level is often sustained by SMEs and social enterprises and cohesion policy funding must be delivered through a strong multi-level governance approach to ensure that SMEs and social enterprises fulfil their potential and continue to make a valuable contribution to EU competitiveness.
Amendment 24 #
Draft opinion
Paragraph 3
Paragraph 3
3. Believes that in the world of global competition, an option of cohesion policy support provides added value for companies when deciding in which world region to develop their operation capacities and where to transfer their knowhow;Recognises that the EU, as the world's largest trading bloc, has significant potential for investment and highlights the importance of ensuring that the EU remains a top target for future investment; highlights that through Cohesion Policy investment in infrastructure and labour-market skills the attractiveness for prospective investors is increased.
Amendment 30 #
Draft opinion
Paragraph 4
Paragraph 4
4. EndorStresses the economic rationale of a place-based development policy rooted in the fundamental logic that the interest of the Union's less-developed regions is likely to increase, should they be able to offer competitivat a strong, integrated regional policy brings numerous benefits to all EU regions; highlights the importance of a place-based approach to ensure that cohesion policy has an effective impact at local level; recognises that a multi-level approach to governance, with local community involvement at all stages, is essential to ensuring that investment is targeted towards addressing the specific needs of each region. Recognises the potential of extending the scomparative advantages as well as firm sets of incentives; in this context requests the Commission to support Member Statepe of innovative financial instruments so that they are used to a greater effect as an access to finance to complement traditional financing methods; highlights that a revolving nature of financial instruments and a flexible approach to integrating such instruments andt regions to pursue their own investment incentives policial level could lead to an increased focus on addressing region-specific territorial issues;.
Amendment 40 #
Draft opinion
Paragraph 5
Paragraph 5
5. Underlines that high taxes and public debtlow demand, low growth, low skill levels, poor labour mobility and poor infrastructure are among the key concerns identified byfor companies investing in Europe; would be particularly concerned by any effort to harmonise corporation tax conditions inevitably giving rise to higher fiscal burden in some Member States, and would deny individual regions to remain fiscally competitive and recognises that Cohesion Policy targets and objectives are aimed at improving these issues to create a more attractive environment for investment;
Amendment 41 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Believes that cohesion policy is key to addressing macroeconomic and regional imbalances at EU level and should be a key internal market policy for enhancing competitiveness, productivity, growth and job creation, which in turn has the potential to increase the attractiveness of investing in the EU; highlights that through cohesion policy investment in infrastructure and labour-market skills attractiveness for prospective investors can be significantly increased;
Amendment 46 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Stresses that it is crucial to maintain strategic European investors' interest in conducting their activities within the EU, bearing in mind that the negative feelings and uncertainty created by the debt crisis and a lack of quick responses leads investors to reduce their exposure to the region; recognises that a multi-level approach to governance, with local community involvement at all stages, is essential to ensuring that investment is targeted towards addressing the specific needs of each region and each Member State;
Amendment 47 #
Draft opinion
Paragraph 6
Paragraph 6
6. Emphasises that the EU has an enormous strength in itsRecognises the increased focus on cities, and that major urban infrastructure projects, and innovative business parks, provide the strongest appeal for investment; urges the Member States to provide large-scale investments in infrastructure and technology in order to enhance the liveability and competitiveness of Europe's citiesurban areas as drivers for economic growth in the EU; emphasises that the EU's rural areas are also vital to economic development and urges that urban-rural links are improved through better integration of funding to enhance territorial development.
Amendment 93 #
Motion for a resolution
Paragraph 23
Paragraph 23
23. Points out that difficult access to finance remains one of the top concerns for SMEs; is particularly worried about the fact that healthy companies cannot acquire the funding they are planning for; calls on the Commission and Member States to swiftly to implement actions and regulatory measures to facilitate funding for SMEs, as proposed in the EU Action Plan to improve access to finance for SMEs; stresses that growth at local levels is often sustained by SMEs and social enterprises and cohesion policy funding delivered through a strong multi-level governance approach can ensure that SMEs and social enterprises fulfil their potential and continue to make a valuable contribution to EU competitiveness;