{"change_dates":[],"dossier":{"amendments":[{"authors":"Jonathan Arnott","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-52","location":[["Proposal for a regulation","\u2013"]],"meps":[124958],"meta":{"created":"2019-07-03T06:07:01"},"new":["The European Parliament rejects the","Commission Proposal."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"52","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Miguel Viegas, Fabio De Masi, Paloma L\u00f3pez Bermejo, Xabier Benito Ziluaga","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-53","justification":"The extension of EFSI should be decided only if a solid, thorough and impartial assessment\nindicates the need for such an extension.","location":[["Proposal for a regulation","\u2013"]],"meps":[125100,124858,125047,135490],"meta":{"created":"2019-07-03T06:07:01"},"new":["The European Parliament rejects the","Commission proposal."],"orig_lang":"pt","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"53","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Liadh N\u00ed Riada on behalf of the GUE/NGL Group","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-54","justification":" Opinion 2/2016, (pursuant to Article 287(4) of the Treaty on the Functioning of the European\n Union (TFEU)) concerning the proposal for a Regulation of the European Parliament and of\n the Council amending Regulations (EU) No 1316/2013 and (EU) 2015/1017 and the\n accompanying Commission evaluation in accordance with Article 18(2) of Regulation (EU)\n 2015/1017 EFSI: an early proposal to extend and expand (2016/C 465/01)","location":[["Proposal for a regulation","Citation 5 a (new)"]],"meps":[124987],"meta":{"created":"2019-07-03T06:07:01"},"new":["Having regard to the opinion n. 2/2016 of","the European Court of Auditors of 13","December 2016,"],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"54","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-55","location":[[" Proposal for a regulation","Citation 5 a (new)"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:01"},"new":["Having regard to Opinion No 2/2016 of","the European Court of Auditors,"],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"55","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-56","location":[[" Proposal for a regulation","Citation 5 a (new)"]],"meps":[124780],"meta":{"created":"2019-07-03T06:07:02"},"new":["Having regard to the opinion of the","European Court of Auditors,"],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"56","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-57","location":[[" Proposal for a regulation","Recital -1 (new)"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:02"},"new":["(-1) The primary aim of EFSI should","be to support otherwise unfundable","projects that provide European citizen","with long-term environmental and","societal benefits such as high quality","long-term jobs and public infrastructure.","It is therefore much more important to","identify and support projects that provide","this genuine additionality and quality","rather than being driven by technical","aspects such as leverage factors or project","speed and volumes."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"57","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Miguel Viegas, Paloma L\u00f3pez Bermejo, Fabio De Masi, Xabier Benito Ziluaga, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-58","location":[["Proposal for a regulation","Recital -1 (new)"]],"meps":[125100,125047,124858,135490,96820],"meta":{"created":"2019-07-03T06:07:02"},"new":["(\u20131) There is an investment gap in the","EU that is compromising the resumption","of economic growth."],"orig_lang":"pt","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"58","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Miguel Viegas, Paloma L\u00f3pez Bermejo, Fabio De Masi, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-59","location":[["Proposal for a regulation","Recital -1 a (new)"]],"meps":[125100,125047,124858,96820],"meta":{"created":"2019-07-03T06:07:02"},"new":["(\u20131a) There is a liquidity surplus in the","banking system, which does not suggest","market failure at investment level."],"orig_lang":"pt","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"59","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Miguel Viegas, Paloma L\u00f3pez Bermejo, Fabio De Masi, Xabier Benito Ziluaga, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-60","location":[[" Proposal for a regulation","Recital -1 b (new)"]],"meps":[125100,125047,124858,135490,96820],"meta":{"created":"2019-07-03T06:07:02"},"new":["(\u20131b) There are some reservations with","regard to the implementation of the EFSI,","particularly in relation to additionality,","excessive geographical and thematic","concentration and the governance model,","concerns which have also been expressed","in the Court of Auditors report."],"orig_lang":"pt","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"60","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Miguel Viegas, Paloma L\u00f3pez Bermejo, Fabio De Masi, Xabier Benito Ziluaga, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-61","location":[[" Proposal for a regulation","Recital -1 c (new)"]],"meps":[125100,125047,124858,135490,96820],"meta":{"created":"2019-07-03T06:07:02"},"new":["(\u20131c) The plan to turn the EFSI into a","permanent instrument could transform it","into a further anti-democratic element in","the distribution among the Member States","of private investment with public support."],"orig_lang":"pt","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"61","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-299","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 3 a (new)"],["Regulation (EU) No 2015/1017","Article 6 \u2013 paragraph 1 \u2013 point a"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:02"},"new":["(3 a) in Article 6(1), point (a) is","replaced by the following:","\u2018(a) provide a remuneration for the","public contributors to the EFSI that is","commensurate with their aggregate cost","of funds according to a cost benefit","analysis following Union standards, taking","into account possible support from, and co-","financing by, private and public partners to","a project;\u2019;"],"old":["(a) are economically viable according","to a cost-benefit analysis following Union","standards, taking into account possible","support from, and co-financing by, private","and public partners to a project;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"299","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Miguel Viegas, Paloma L\u00f3pez Bermejo, Fabio De Masi, Xabier Benito Ziluaga, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-62","location":[[" Proposal for a regulation","Recital -1 d (new)"]],"meps":[125100,125047,124858,135490,96820],"meta":{"created":"2019-07-03T06:07:02"},"new":["(\u20131d) Only a genuinely public","investment plan geared to social,","economic and territorial cohesion will be","capable of helping to increase aggregate","demand and carry out investment in","public infrastructure, which may","subsequently leverage and boost private","investment. Only a plan of this nature can","be effective in reviving growth, fighting","unemployment and combating social,","economic and territorial inequalities."],"orig_lang":"pt","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"62","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Sirpa Pietik\u00e4inen","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-300","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 3 a (new)"],["Regulation (EU) No 2015/1017","Article 6 \u2013 Paragraph 1 \u2013 Point b"]],"meps":[40599],"meta":{"created":"2019-07-03T06:07:02"},"new":["(3 a) in Article 6(1), point (b) is","replaced by the following:","\u2018(b) are consistent with Union policies,","including the objective of smart,","sustainable and inclusive growth, the","objectives of circular economy, quality job","creation, and economic, social and","territorial cohesion;\u2019"],"old":["(b) are consistent with Union policies,","including the objective of smart,","sustainable and inclusive growth, quality","job creation, and economic, social and","territorial cohesion;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"300","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-63","location":[["Proposal for a regulation","Recital 1"]],"meps":[124780],"meta":{"created":"2019-07-03T06:07:02"},"new":["(1) Since the Investment Plan for","Europe was presented in November 20143,","no granular and detailed data have been","made available concerning the attainment","of the objectives of the fund such as, for","example, the impact on jobs created and","on the additional rise in the GDP of each","Member State; every document","concerning the EFSI proclaims its ability","to attract investment on the basis of","anticipated outcomes rather than those","actually achieved.","_________________","3 COM(2014) 903 final."],"old":["(1) Since the Investment Plan for","Europe was presented in November 20143",", the conditions for an uptake in","investment have improved and confidence","in Europe\u2019s economy and growth are","returning. 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The","Union is now in its fourth year of moderate","recovery, with Gross Domestic Product","growing at 2% in 2015. However, growth","is unevenly distributed among Member","States and mainly export led, with the","current account balance of the Euro area","exceeding 3% of GDP in 2016. Investment","remains subdued and still below historical","levels. So far, efforts initiated with the","Investment Plan failed to close the","investment gap in the EU.","_________________","3","COM(2014) 903 final."],"old":["(1) Since the Investment Plan for","Europe was presented in November 20143 ,","the conditions for an uptake in investment","have improved and confidence in","Europe\u2019s economy and growth are","returning. The Union is now in its fourth","year of moderate recovery, with Gross","Domestic Product growing at 2% in 2015.","","The comprehensive efforts initiated with","the Investment Plan are already","delivering concrete results, despite the","fact that macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up","gradually throughout 2016 and 2017","although it remains below historical","levels.","_________________","3","COM(2014) 903 final."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"65","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Sylvie Goulard, Ramon Tremosa i Balcells, Lieve Wierinck, G\u00e9rard Deprez, Nils Torvalds, Louis Michel","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-303","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 3 a (new)"],[" Regulation (EU) No 2015/1017","Article 6 \u2013 paragraph 2 a (new)"]],"meps":[97137,97203,183022,1473,114268,96670],"meta":{"created":"2019-07-03T06:07:02"},"new":["(3 a) In Article 6, a new paragraph 2a is","inserted:","\u20182a. When a national court of audit or","an independent council or any anti-","corruption body of a Member State has","expressed some concerns on a project, a","type of investment or on a body having the","responsibility of investing public money","and these concerns are communicated to","the EFSI. The Steering Board should take","into account the opinions expressed and","shall take a decision by consensus.\u2019"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"303","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Jon\u00e1s Fern\u00e1ndez","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-66","location":[["Proposal for a regulation","Recital 1"]],"meps":[125046],"meta":{"created":"2019-07-03T06:07:03"},"new":["(1) Since the Investment Plan for","Europe was presented in November 20143,","as part of a New Deal for Europe, the","conditions for an uptake in investment","have improved and confidence in Europe\u2019s","economy and growth are returning. The","Union is now in its fourth year of moderate","recovery, with Gross Domestic Product","growing at 2% in 2015. 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The","comprehensive efforts initiated with the","Investment Plan are already delivering","concrete results, despite the fact that","macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up gradually","throughout 2016 and 2017 although it","remains below historical levels.","_________________","3","COM(2014) 903 final."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"66","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Siegfried Mure\u015fan","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-304","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point -a (new)"],["Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 3 \u2013 subparagraph 1"]],"meps":[124802],"meta":{"created":"2019-07-03T06:07:03"},"new":["(-a) in paragraph 3, the first","subparagraph is replaced by the","following:","\u2018The Steering Board shall comprise five","members: three appointed by the","Commission, one by the EIB and one by","the European Parliament. 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The","Steering Board shall take its decisions by","consensus."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"304","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Enrique Calvet Chambon","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-67","location":[[" Proposal for a regulation","Recital 1"]],"meps":[129407],"meta":{"created":"2019-07-03T06:07:03"},"new":["(1) Since the Investment Plan for","Europe was presented in November 20143 ,","the conditions for an uptake in investment","have improved and confidence in Europe\u2019s","economy and growth are returning. The","Union is now in its fourth year of moderate","recovery, with Gross Domestic Product","growing at 2% in 2015. 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The","comprehensive efforts initiated with the","Investment Plan are already delivering","concrete results, despite the fact that","macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up gradually","throughout 2016 and 2017 although it","remains below historical levels.","_________________","3"],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"67","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-68","location":[[" Proposal for a regulation","Recital 2"]],"meps":[124780],"meta":{"created":"2019-07-03T06:07:03"},"new":["deleted"],"old":["(2) This positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","","where market failures or sub-optimal","investment situations remain."],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"68","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Gabriel Mato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-305","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point -a (new)"],[" Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 3 \u2013 subparagraph 1"]],"meps":[96936],"meta":{"created":"2019-07-03T06:07:03"},"new":["(- a) in paragraph 3, the first","subparagraph is replaced by the","following:","'The Steering Board shall comprise five","members: three appointed by the","Commission, one by the EIB and one by","the European Parliament. The Steering","Board shall comprise one observatory","member who is designated by National","Promotional Banks and Institutions","among themselves for a fixed term of 18","months. The observatory member can be","consulted by the full members, but does","not take part in the decision-making. The","Steering Board shall elect a Chairperson","from among its members for a fixed term","of three years, renewable once. The","Steering Board shall strive to take its","decisions by consensus. In the event that a","consensus cannot be reached, the","Steering Board shall decide by a four-","fifths majority of its component members.'"],"old":["The Steering Board shall comprise four","members: three appointed by the","Commission and one by the EIB. The","Steering Board shall elect a Chairperson","from among its members for a fixed term","of three years, renewable once. The","Steering Board shall take its decisions by","consensus."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"305","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-69","location":[["Proposal for a regulation","Recital 2"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:03"},"new":["deleted"],"old":["(2) This positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"69","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Nils Torvalds, Sylvie Goulard, Ramon Tremosa i Balcells, Lieve Wierinck, Anneli J\u00e4\u00e4tteenm\u00e4ki, Dominique Riquet, Louis Michel","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-306","justification":"The European Parliament should not appoint a member to the Steering Board.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point -a (new)"],[" Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 3 \u2013 subparagraph 1"]],"meps":[114268,97137,97203,183022,28314,96885,96670],"meta":{"created":"2019-07-03T06:07:03"},"new":["(-a) in paragraph 3, the first","subparagraph is replaced by the","following:","\u2018The Steering Board shall comprise four","members: three appointed by the","Commission and one by the EIB. 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The","Steering Board shall take its decisions by","consensus."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"306","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Fabio De Masi, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-70","location":[["Proposal for a regulation","Recital 2"]],"meps":[124858,96820],"meta":{"created":"2019-07-03T06:07:03"},"new":["(2) To build momentum to bring","investment back to its long-term","sustainable trend, the mechanisms of the","Investment Plan should be complemented","by public investment programs and","reinforced efforts to mobilize investments","in sectors important to Europe's future."],"old":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"70","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Sirpa Pietik\u00e4inen, Clare Moody","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-307","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point -a (new)"],["Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 3 \u2013 subparagraph 1"]],"meps":[40599,124944],"meta":{"created":"2019-07-03T06:07:03"},"new":["(-a) in paragraph 3, the first","subparagraph is replaced by the","following:","\u2018The Steering Board shall comprise four","members: three appointed by the","Commission and one by the EIB. 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The","","Steering Board shall take its decisions by","consensus."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"307","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Sander Loones, Roberts Z\u012ble, Bernd K\u00f6lmel on behalf of the ECR Group","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-71","location":[[" Proposal for a regulation","Recital 2"]],"meps":[128717,28615,124824],"meta":{"created":"2019-07-03T06:07:03"},"new":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","investment environment within the Union","should continue to be improved by","carrying out the necessary structural","reforms, removing barriers to investment,","completing the Single Market and the","Capital markets union, actively pursuing","the Commission's better regulation","agenda and by reducing regulatory red","tape. Also the functioning of the","Investment Plan should be improved in","order to continue the mobilisation of","private investments in sectors important to","Europe's future and where market failures","or sub-optimal investment situations","remain."],"old":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"71","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Pirkko Ruohonen-Lerner","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-308","justification":" The approval of the EIB President is important, because he or she is likely to have the best\n expert knowledge.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point -a (new)"],[" Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 3 \u2013 subparagraph 1"]],"meps":[132366],"meta":{"created":"2019-07-03T06:07:03"},"new":["-a) In paragraph 3, the first","subparagraph is replaced by the","following:","\u2018The Steering Board shall comprise five","members: three appointed by the","Commission, one by the EIB and one by","the European Parliament. 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The","Steering Board shall take its decisions by","consensus."],"orig_lang":"fi","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"308","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Sylvie Goulard, Ramon Tremosa i Balcells, Lieve Wierinck, G\u00e9rard Deprez, Nils Torvalds, Dominique Riquet, Louis Michel","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-72","location":[[" Proposal for a regulation","Recital 2"]],"meps":[97137,97203,183022,1473,114268,96885,96670],"meta":{"created":"2019-07-03T06:07:03"},"new":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain. To foster","growth three dimensions complementing","each others and necessary to each others","need to be worked on in parallel: a","framework to finance investment and","innovation (including CMU), structural","reforms and a common policy mix."],"old":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"72","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Jon\u00e1s Fern\u00e1ndez","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-73","location":[["Proposal for a regulation","Recital 2"]],"meps":[125046],"meta":{"created":"2019-07-03T06:07:03"},"new":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. 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The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"es","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"73","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Ramon Tremosa i Balcells","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-309","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point -a (new)"],[" Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 3 \u2013 subparagraph 1"]],"meps":[97203],"meta":{"created":"2019-07-03T06:07:03"},"new":["(-a) in paragraph 3, the first","subparagraph is replaced by the","following:","\u2018The Steering Board shall comprise four","members: three appointed by the","Commission and one by the EIB. 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The","Steering Board shall take its decisions by","consensus."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"309","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Enrique Calvet Chambon","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-74","location":[["Proposal for a regulation","Recital 2"]],"meps":[129407],"meta":{"created":"2019-07-03T06:07:03"},"new":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend reaching the","real economy. 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The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"74","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Jean-Paul Denanot, Isabelle Thomas","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-310","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point -a (new)"],["Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 3 \u2013 subparagraph 1"]],"meps":[94282,114279],"meta":{"created":"2019-07-03T06:07:03"},"new":["(-a) in paragraph 1, the first","subparagraph is replaced by the","following:","\u2018The Steering Board shall comprise four","members: three appointed by the","Commission and one by the EIB. 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Lieve Wierinck, Nils Torvalds, Dominique Riquet","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-311","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point -a (new)"],[" Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 3 \u2013 subparagraph 2"]],"meps":[97203,97137,183022,114268,96885],"meta":{"created":"2019-07-03T06:07:03"},"new":["(-a) in Article 7(3), the second","subparagraph is replaced by the","following:","\u2018The detailed minutes of Steering Board","meetings shall be published as soon as they","have been approved by the Steering Board.","The European Parliament shall be","immediately notified of the publication.\u2019"],"old":["The minutes of Steering Board meetings","shall be published as soon as they have","been approved by the Steering 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Ludvigsson","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-313","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point - a (new)"],["Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 5 \u2013 subparagraph 1"]],"meps":[96673],"meta":{"created":"2019-07-03T06:07:03"},"new":["(-a) in paragraph 5, the first","subparagraph is replaced by the","following:","\u2018The EFSI Agreement shall prescribe that","the EFSI is to have a managing director,","who is responsible for the day-to-day","management and chairing of meetings of","the Investment Committee referred to in","paragraph 6.\u2019;"],"old":["The EFSI Agreement shall provide that the","EFSI is to have a managing director, who","is to be responsible for the day- to-day","management of the EFSI and the","preparation and chairing of meetings of","the Investment Committee referred to in","paragraph 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Under circumstances where the Managing Director cannot\n attend meetings or parts of meetings of the Steering Board, the Deputy Managing Director\n shall attend such meetings.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point -a a (new)"],["Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 5 \u2013 subparagraph 2"]],"meps":[4246],"meta":{"created":"2019-07-03T06:07:03"},"new":["(-aa) in paragraph 5, the second","subparagraph is replaced by the","following:","\u2018The Managing Director shall be assisted","by a deputy managing director. The","Managing Director shall generally","participate in the meetings of the Steering","Board as a non-voting member. 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It also emphasised \u2018the risk","that the multiplier effect is overstated\u2019,","and that the objectives and results cited","were those expected and not ones","confirmed by tangible, accurate, clear or","immediate statistics."],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"78","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Sylvie Goulard, Ramon Tremosa i Balcells, Lieve Wierinck, G\u00e9rard Deprez, Nils Torvalds, Dominique Riquet, Louis Michel","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-315","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point -a a (new)"],[" Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 5 \u2013 subparagraph 2"]],"meps":[97137,97203,183022,1473,114268,96885,96670],"meta":{"created":"2019-07-03T06:07:03"},"new":["(-aa) in paragraph 5, the second","subparagraph is replaced by the","following:","\u2018The Managing director shall be assisted","by a deputy managing director. 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The","Managing Director shall report every","quarter on the activities of the EFSI to the","Steering Board."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"315","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Liadh N\u00ed Riada on behalf of the GUE/NGL Group","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-79","justification":"ECA special report n.19/2016 and n.5/2015 (http://eca.europa.eu)","location":[["Proposal for a regulation","Recital 3 a (new)"]],"meps":[124987],"meta":{"created":"2019-07-03T06:07:04"},"new":["(3 a) The European Court of Auditors","on its Special Reports n. 19/2016 and n.","5/2015 came to the conclusion that the","Union financial instruments, EFSI","included, under shared management were","overcapitalised, struggled to control","cost/fees, attract private capital and re-use","financial support; furthermore, according","to European Court of Auditors and on the","basis of the EIB provided data and","estimates, the current guarantee is","sufficient for a further period of operation","of the IIW, recommending instead to the","sole consideration of an increase of the","EU guarantee for the SMEW, as this","would reduce the fragmentation between","EFSI and other financial instruments."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"79","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Siegfried Mure\u015fan","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-316","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point -a a (new) Regulation (EU) No 2015/1017"]],"meps":[124802],"meta":{"created":"2019-07-03T06:07:04"},"new":["(-aa) in paragraph 5, the second","subparagraph is replaced by the","following:","\u2018The Managing Director shall be assisted","by a deputy managing director. 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The Managing","Director shall report every quarter on the","activities of the EFSI to the Steering","Board."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"316","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Maria Spyraki, Eva Kaili","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-80","location":[["Proposal for a regulation","Recital 3 a (new)"]],"meps":[125064,125109],"meta":{"created":"2019-07-03T06:07:04"},"new":["(3 a) On September 2016, on the","\"Evaluation of the Functioning of the","European Fund for Strategic","Investments\", the EIB suggests that","although EFSI has ramped up quickly","and seems to be on track to reach the","target to mobilize EUR 315 billion of total","investment, there are areas for","improvement, including: complementarity","with the other pillars of the Investment","Plan, a better distribution of EFSI's","portfolio across all Member States, as well","as in additionality and governance."],"old":["",""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"80","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Sylvie Goulard, Ramon Tremosa i Balcells, Lieve Wierinck, G\u00e9rard Deprez, Nils Torvalds, Dominique Riquet, Louis Michel","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-317","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point -a b (new)Regulation (EU) No 2015/1017"],["","Article 7 \u2013 paragraph 5 a (new)"]],"meps":[97137,97203,183022,1473,114268,96885,96670],"meta":{"created":"2019-07-03T06:07:04"},"new":["(-ab) In article 7, a new paragraph 5a is","inserted:","\u20185a. The overall composition of the","Steering Board, Managing Director and","Deputy Managing Director shall strive for","ensuring gender balance.\u2019;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"317","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-81","location":[[" Proposal for a regulation","Recital 4"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:04"},"new":["(4) It is clear from the results","achieved to date that it will be difficult for","the EFSI to deliver the objective of","mobilising EUR 315 billion in additional","investments in the real economy by mid-","2018."],"old":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME","Window where the EFSI is delivering well","beyond expectations. In July 2016 the","SME Window was thus scaled-up by EUR","500 million within the existing parameters","of the Regulation (EU) 2015/1017. A","larger share of financing to be geared","towards SMEs given the exceptional","market demand for SME financing under","the EFSI: 40% of the increased risk","bearing capacity of the EFSI should be","geared towards increasing access to","financing for SMEs."],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"81","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Isabelle Thomas, Jean-Paul Denanot","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-318","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point a \u2013 point -i a (new)"],["Regulation 2015/1017","Article 7 \u2013 paragraph 8 \u2013 point c"]],"meps":[114279,94282],"meta":{"created":"2019-07-03T06:07:04"},"new":["-ia) point (c) is replaced by the","following:","c) energy infrastructures (including","marine energy), energy efficiency and","renewable energy;"],"old":["c) energy infrastructures, energy efficiency","and renewable energy;"],"orig_lang":"fr","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"318","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-82","location":[[" Proposal for a regulation","Recital 4"]],"meps":[124780],"meta":{"created":"2019-07-03T06:07:04"},"new":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is allegedly","expected to mobilise at least EUR 315","billion in additional investments in the real","economy by mid-2018. However, to date","no certain, clear and transparent data are","available concerning the results","objectively attained."],"old":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME","Window where the EFSI is delivering well","beyond expectations. In July 2016 the","SME Window was thus scaled-up by EUR","500 million within the existing parameters","of the Regulation (EU) 2015/1017. A","larger share of financing to be geared","towards SMEs given the exceptional","market demand for SME financing under","the EFSI: 40% of the increased risk","bearing capacity of the EFSI should be","geared towards increasing access to","financing for SMEs."],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"82","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-319","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point a \u2013 point - i (new) Regulation (EU) No"],[" 2015/1017","Article 7 \u2013 paragraph 8 \u2013 point d"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:04"},"new":["(-i) point (d) is replaced by the","following:","\u2018(d) information and communication","technologies infrastructures, such as","energy efficient block chain technologies","to create economic incentives for","environmentally responsible behaviour;\u2019"],"old":["(d) information and communication","technologies infrastructures;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"319","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Maria Spyraki, Eva Kaili","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-83","location":[["Proposal for a regulation","Recital 4"]],"meps":[125064,125109],"meta":{"created":"2019-07-03T06:07:04"},"new":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is on track in","terms of approved operations to deliver","the objective of mobilising at least EUR","315 billion in additional investments in the","real economy by mid-2018, however it is","lagging behind in terms of signed","operations as well as disbursements","according to the EIB's operation","evaluation of its functioning, that covered","the period up to June 30 2016. The market","response and adoption has been","particularly quick under the SME Window","where the EFSI is delivering according to","expectations due to the fact that it used","existing EIF mandates ((InnovFin","SMEG, COSME LGF and the RCR","mandate) to have an accelerated kick","start. In July 2016 the SME Window was","thus scaled-up by EUR 500 million within","the existing parameters of Regulation (EU)","No 2015/1017. A larger share of financing","to be geared towards SMEs given the","exceptional market demand for SME","financing under the EFSI as well as due to","the generally higher multipliers achieved","through EIF operations: 40% of the","increased risk bearing capacity of the EFSI","should be geared towards increasing access","to financing for SMEs."],"old":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME Window","where the EFSI is delivering well beyond","expectations. In July 2016 the SME","Window was thus scaled-up by EUR 500","million within the existing parameters of","Regulation (EU) No 2015/1017. A larger","share of financing to be geared towards","SMEs given the exceptional market","","demand for SME financing under the","EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"83","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Enrique Calvet Chambon","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-320","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point a \u2013 point i a (new)"],[" Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 8 \u2013 point e a (new)"]],"meps":[129407],"meta":{"created":"2019-07-03T06:07:04"},"new":["(ia) the following point (ea) is inserted:","\u2018(e a) technologies related to security","and defence industries;\u2019"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"320","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-84","location":[[" Proposal for a regulation","Recital 4"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:04"},"new":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME Window","where the EFSI is delivering well beyond","expectations. In July 2016 the SME","Window was thus scaled-up by EUR 500","million within the existing parameters of","Regulation (EU) No 2015/1017. A larger","share of financing to be geared towards","SMEs given the exceptional market","demand for SME financing under the","EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs. Regulation (EU) No 2015/1017","should be revised so as to enable the EFSI","to focus its efforts on sustainable","investments allowing the EU honouring","its COP21 commitments. With this in","mind, a larger share of financing is also","to be geared towards climate relevant","projects of SMEs."],"old":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME Window","where the EFSI is delivering well beyond","expectations. In July 2016 the SME","Window was thus scaled-up by EUR 500","million within the existing parameters of","Regulation (EU) No 2015/1017. A larger","share of financing to be geared towards","SMEs given the exceptional market","demand for SME financing under the","EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs.",""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"84","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Enrique Calvet Chambon","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-321","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point a \u2013 point i a (new)"],["Regulation (EU) 2015/1017","Article 7 \u2013 paragraph 8 \u2013 point f"]],"meps":[129407],"meta":{"created":"2019-07-03T06:07:04"},"new":["(ia) point (f) is replaced by the","following:","\u2018(f) labour market, education and","training, vocational training for skills and","lifelong learning;\u2019"],"old":["(f) education and training;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"321","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Neena Gill","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-85","location":[["Proposal for a regulation","Recital 4"]],"meps":[4533],"meta":{"created":"2019-07-03T06:07:05"},"new":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. Underlines that all the projects","benefiting from EFSI support should","continue to do so even after the UK","leaving the EU. The market absorption has","been particularly quick under the SME","Window where the EFSI is delivering well","beyond expectations. In July 2016 the SME","Window was thus scaled-up by EUR 500","million within the existing parameters of","Regulation (EU) No 2015/1017. A larger","share of financing to be geared towards","SMEs given the exceptional market","demand for SME financing under the","EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs."],"old":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME Window","where the EFSI is delivering well beyond","expectations. In July 2016 the SME","Window was thus scaled-up by EUR 500","million within the existing parameters of","Regulation (EU) No 2015/1017. A larger","share of financing to be geared towards","SMEs given the exceptional market","demand for SME financing under the","EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"85","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-322","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point a \u2013 point i b (new)"],["Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 8 \u2013 point k"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:04"},"new":["(i b) point (k) is replaced by the","following:","\u2018(k) social infrastructures, social","services and the social and solidarity","economy;\u2019"],"old":["(k) social infrastructures and the social","and solidarity economy."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"322","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Tam\u00e1s Deutsch","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-86","location":[[" Proposal for a regulation","Recital 4 a (new)"]],"meps":[96826],"meta":{"created":"2019-07-03T06:07:05"},"new":["(4 a) Articles 18(6) and 18(7) of the","Regulation (EU) No 2015/1017 provide","for a proposal to amend that Regulation","to be made by 5 July 2018 and require","that such a proposal should be supported","by an independent evaluation on whether","EFSI \"is achieving its objectives and","maintaining a scheme for supporting","investment is warranted\". This","independent evaluation of the application","of that Regulation carried out by external","experts was released only after the","Commission's proposal on the extension","of EFSI."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"86","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Jon\u00e1s Fern\u00e1ndez","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-323","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point a \u2013 point ii"],["Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 8 \u2013 point l"]],"meps":[125046],"meta":{"created":"2019-07-03T06:07:04"},"new":["l) agriculture, fishery and aquaculture","and other bioeconomy and bioindustry","sectors;"],"old":["l) agriculture, fishery and","aquaculture;"],"orig_lang":"es","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"323","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Maria Spyraki, Eva Kaili","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-87","location":[[" Proposal for a regulation","Recital 5"]],"meps":[125064,125109],"meta":{"created":"2019-07-03T06:07:05"},"new":["(5) On 28 June 2016, the European","Council concluded that \"The Investment","Plan for Europe, in particular the European","Fund for Strategic Investments (EFSI), has","already delivered concrete results and is a","major step to help mobilise private","investment while making smart use of","scarce budgetary resources. Until June 30","2016, under the IIW, 63% of the total","amount signed was in the United","Kingdom, Italy and Spain and 91% in","EU15 countries. Under the SMEW, 54%","of the amount signed (excluding multi-","country operations) was in Italy, France","and Germany and 93% in EU15","countries. In order to improve balance of","EFSI support, Member States should","designate and support National","Promotional Banks, whereas the EIB","should further deploy region specific","specialized task force groups and the","EIAH should facilitate the combination of","ESI funds with EFSI in cohesion regions."],"old":["(5) On 28 June 2016, the European","Council concluded that \"The Investment","Plan for Europe, in particular the European","Fund for Strategic Investments (EFSI), has","already delivered concrete results and is a","major step to help mobilise private","investment while making smart use of","scarce budgetary resources. The","Commission intends to soon put forward","proposals on the future of the EFSI,","which should be examined as a matter of","urgency by the European Parliament and","the Council.\"",""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"87","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Renato Soru","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-324","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point a \u2013 point ii"],[" Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 8 \u2013 point l"]],"meps":[124860],"meta":{"created":"2019-07-03T06:07:04"},"new":["l) agriculture, fishery, forestry,","zootechny and aquaculture;"],"old":["l) agriculture, fishery and","aquaculture;"],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"324","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-88","location":[["Proposal for a regulation","Recital 5"]],"meps":[124780],"meta":{"created":"2019-07-03T06:07:05"},"new":["(5) On 28 June 2016 the European","Council concluded, albeit in the absence","of the intended independent assessment","which could supply precise and objective","data, that \"The Investment Plan for","Europe, in particular the European Fund","for Strategic Investments (EFSI), has","already delivered concrete results and is a","major step to help mobilise private","investment while making smart use of","scarce budgetary resources. The","Commission intends to soon put forward","proposals on the future of the EFSI, which","should be examined as a matter of urgency","by the European Parliament and the","Council\". This conclusion has been","contradicted both by the report of 11","November 2016 by the European Court of","Auditors and by the independent report by","EY likewise published in November. The","report states that, since the EFSI has only","just been launched, it is too early to","predict whether it will achieve its political","objectives, add value to the economy,","environment and society, help to reduce","the unemployment rate and encourage","growth."],"old":["(5) On 28 June 2016 the European","Council concluded that \"The Investment","Plan for Europe, in particular the European","Fund for Strategic Investments (EFSI), has","already delivered concrete results and is a","major step to help mobilise private","investment while making smart use of","scarce budgetary resources. The","Commission intends to soon put forward","proposals on the future of the EFSI, which","should be examined as a matter of urgency","by the European Parliament and the","Council.\""],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"88","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Andrea Cozzolino, Luigi Morgano, Simona Bonaf\u00e8","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-325","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point a \u2013 point ii"],[" Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 8 \u2013 point l"]],"meps":[96880,124788,124814],"meta":{"created":"2019-07-03T06:07:04"},"new":["(l) agriculture, forestry, fishery,","aquaculture and other elements of the","wider bioeconomy;"],"old":["(l) agriculture, fishery and","aquaculture."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"325","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Simona Bonaf\u00e8","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-89","location":[[" Proposal for a regulation","Recital 5"]],"meps":[124814],"meta":{"created":"2019-07-03T06:07:05"},"new":["(5) On 28 June 2016 the European","Council concluded that \"The Investment","Plan for Europe, in particular the European","Fund for Strategic Investments (EFSI), has","already delivered concrete results and is a","major step to help mobilise private","investment while making smart use of","scarce budgetary resources. The","Commission intends to soon put forward","proposals on the future of the EFSI, which","should be examined as a matter of urgency","by the European Parliament and the","Council.\" However, the sectoral and","regional penetration of the projects still","needs to be improved. In the light of this","necessity, and of the existing financial","frictions, the structural obstacles and the","existing normative frameworks, the","Commission should proceed with","worthwhile initiatives to help to mobilise","private investment, making provision,","inter alia, for the introduction of the","necessary changes to enable financial","institutions to include more infrastructure","projects in their portfolios."],"old":["(5) On 28 June 2016 the European","Council concluded that \"The Investment","Plan for Europe, in particular the European","Fund for Strategic Investments (EFSI), has","already delivered concrete results and is a","major step to help mobilise private","investment while making smart use of","scarce budgetary resources. The","Commission intends to soon put forward","proposals on the future of the EFSI, which","should be examined as a matter of urgency","by the European Parliament and the","Council.\""],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"89","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Isabelle Thomas, Jean-Paul Denanot","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-326","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point a \u2013 point ii"],["Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 8 \u2013 point l"]],"meps":[114279,94282],"meta":{"created":"2019-07-03T06:07:04"},"new":["l) agriculture, forestry, fishery and","aquaculture;"],"old":["l) agriculture, fishery and","aquaculture;"],"orig_lang":"fr","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"326","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Isabelle Thomas, Jean-Paul Denanot","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-327","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point a \u2013 point ii a (new)"],["Regulation 2015/1017","Article 7 \u2013 paragraph 8 \u2013 point l a (new)"]],"meps":[114279,94282],"meta":{"created":"2019-07-03T06:07:05"},"new":["la) blue growth"],"orig_lang":"fr","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"327","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-90","location":[[" Proposal for a regulation","Recital 5"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:05"},"new":["(5) On 28 June 2016 the European","Council, despite not having at its disposal","any independent assessment containing","accurate and objective statistics,","concluded that \"The Investment Plan for","Europe, in particular the European Fund","for Strategic Investments (EFSI), has","already delivered concrete results and is a","major step to help mobilise private","investment while making smart use of","scarce budgetary resources. The","Commission intends to soon put forward","proposals on the future of the EFSI, which","should be examined as a matter of urgency","by the European Parliament and the","Council.\""],"old":["(5) On 28 June 2016 the European","","Council concluded that \"The Investment","Plan for Europe, in particular the European","Fund for Strategic Investments (EFSI), has","already delivered concrete results and is a","major step to help mobilise private","investment while making smart use of","scarce budgetary resources. The","Commission intends to soon put forward","proposals on the future of the EFSI, which","should be examined as a matter of urgency","by the European Parliament and the","Council.\""],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"90","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-328","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point b"],["Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 10 \u2013 second sentence"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:05"},"new":["Each member of the Investment Committee","shall communicate without delay to the","Steering Board, the Managing Director and","the Deputy Managing Director all","information needed to check on an ongoing","basis the absence of any conflict of interest","or the presence of any tax avoidance or","evasion structures, fraud and/or","aggressive tax planning schemes relating","to final beneficiaries; stresses the need to","establish a stringent public list of criteria","for selection of financial intermediaries","by the EIB, jointly with the Commission;"],"old":["Each member of the Investment Committee","shall communicate without delay to the","Steering Board, the Managing Director and","the Deputy Managing Director all","information needed to check on an ongoing","basis the absence of any conflict of","interest.",""],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"328","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-91","location":[["Proposal for a regulation","Recital 6"]],"meps":[124780],"meta":{"created":"2019-07-03T06:07:05"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. The programme has fallen","short in terms of ensuring the quality,","additionality, economic and social utility","and sustainability of the projects","financed. Despite this, after barely one","year of the EFSI being in operation, and","without the independent evaluation to","which the EFSI\u2019s potential extension was","linked being conducted, the Commission","has launched a proposal on the doubling","of the EFSI, in terms both of duration","and of financial capacity. The European","Parliament should therefore reject the","intended extension of the Commission\u2019s","legislative proposal."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration","and financial capacity. The legal","extension covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI","even further and reach the aim of","doubling the investment target, Member","States should also contribute as a matter","of priority."],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"91","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Neena Gill","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-329","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point c"],[" Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 11 \u2013 second sentence"]],"meps":[4533],"meta":{"created":"2019-07-03T06:07:05"},"new":["The Managing Director shall be","responsible for informing the Steering","Board of any such breach that comes to","her/his knowledge and propose appropriate","action."],"old":["The Managing Director shall be","responsible for informing the Steering","Board of any such breach that comes to his","knowledge and propose appropriate action."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"329","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-92","location":[[" Proposal for a regulation","Recital 6"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:05"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. The plan has failed to","address the investment gap in Europe and","has been insufficiently diversified both","sectorally and geographically, due to sub-","optimal allocation of investment, funding","projects with a high environmental impact","and dubious additionality. Despite this,","after barely one year of the EFSI being in","operation, and without the independent","evaluation to which the EFSI\u2019s potential","extension was linked being conducted, the","Commission has launched a proposal on","the doubling of the EFSI, in terms both of","duration and of financial capacity."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration","and financial capacity. The legal","extension covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI","even further and reach the aim of","doubling the investment target, Member","States should also contribute as a matter","of priority."],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"92","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-330","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point dRegulation (EU) No 2015/1017"],["","Article 7 \u2013 paragraph 12 \u2013 subparagraph 2 \u2013 second sentence"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:05"},"new":["\u2018Decisions approving the use of the EU","guarantee shall be published and accessible","through detailed minutes, and include the","rationale for the decision, with particular","focus on compliance with the additionality","criterion. The Scoreboard referred to in","paragraph 14 shall function as a means","for prioritising investment in order to","maximise the aggregate score over the","EFSI portfolio and shall be publicly","available after the evaluation of projects","applying for the use of the EU guarantee.","The publication shall not contain","commercially sensitive information. In","reaching its decision, the Investment","Committee shall be supported by the","documentation provided by the EIB.","The EIB shall submit twice a year to the","European Parliament, the Council and","the Commission a list of all decisions of","the Investment Committee rejecting the","use of the EU guarantee as well as subject","to strict confidentiality requirements.\u2019"],"old":["\u2018Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. The publication","shall not contain commercially sensitive","information. In reaching its decision, the","Investment Committee shall be supported","by the documentation provided by the","EIB.\u2019;",""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"330","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-93","location":[[" Proposal for a regulation","Recital 6"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:05"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. On 11 November 2016, the","European Court of Auditors concluded","that it was still too soon for the economic,","social and environmental impacts to be","measured or for a conclusion to be drawn","as to whether EFSI was achieving its","objectives. A comprehensive impact","assessment should provide for the","necessary evidence whether or not to","extend EFSI."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration","and financial capacity. The legal","extension covers the period of the current","Multiannual Financial Framework and","","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI","even further and reach the aim of","doubling the investment target, Member","States should also contribute as a matter","of priority."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"93","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Siegfried Mure\u015fan","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-331","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d"],["Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 12 \u2013 subparagraph 2 \u2013 second sentence"]],"meps":[124802],"meta":{"created":"2019-07-03T06:07:05"},"new":["Decisions approving the use of the EU","guarantee shall be public and accessible.","They shall include the rationale for the","decision, with particular focus on","compliance with the additionality criterion","and an explanation on how the","scoreboard was used to justify the use of","the EU guarantee. The scoreboard shall","also be public. The publication of the","decisions shall not contain commercially","sensitive information.","In case of commercially sensitive","decisions, the EIB shall forward to the","European Parliament such decisions and","information concerning promoters or","financial intermediaries at the date of","closing of the relevant financing or any","earlier date when commercial sensitivity","ends.","In reaching its decision, the Investment","Committee shall be supported by the","documentation provided by the EIB."],"old":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. The publication","shall not contain commercially sensitive","information. In reaching its decision, the","Investment Committee shall be supported","by the documentation provided by the","EIB.;","",""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"331","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Sander Loones, Roberts Z\u012ble, Bernd K\u00f6lmel on behalf of the ECR Group","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-94","location":[["Proposal for a regulation","Recital 6"]],"meps":[128717,28615,124824],"meta":{"created":"2019-07-03T06:07:05"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. The drive to meet this","quantitative target has sometimes","prevailed over the additionality of the","projects selected. The Commission is","therefore committed to extend the","investment period of EFSI and raise the","level of additionality. The legal extension","covers the period of the current","Multiannual Financial Framework. In order","to enhance the firepower of the EFSI.","Member States could also contribute."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration","and financial capacity. The legal","extension covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"94","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-332","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d"],[" Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 12 \u2013 subparagraph 2 \u2013 second sentence"]],"meps":[124780],"meta":{"created":"2019-07-03T06:07:05"},"new":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion."],"old":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. The publication","shall not contain commercially sensitive","information. In reaching its decision, the","Investment Committee shall be supported","by the documentation provided by the","EIB."],"orig_lang":"t","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"332","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Jon\u00e1s Fern\u00e1ndez","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-95","location":[["Proposal for a regulation","Recital 6"]],"meps":[125046],"meta":{"created":"2019-07-03T06:07:05"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to increasing","the EFSI\u2019s financial capacity and","extending its duration indefinitely. The","legal extension for the purposes of the","guarantee provided by the Union budget","covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of multiplying","the investment target, Member States","should also contribute as a matter of","priority, with at least 1.0% of GDP."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration","and financial capacity. The legal","extension covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority."],"orig_lang":"es","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"95","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Pervenche Ber\u00e8s","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-333","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d"],[" Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 12 \u2013 subparagraph 2 \u2013 second sentence"]],"meps":[1985],"meta":{"created":"2019-07-03T06:07:05"},"new":["Decisions approving the use of the EU","guarantee shall be public and accessible.","They shall include the rationale for the","decision, with particular focus on","compliance with the additionality criterion","and an explanation on how the","scoreboard was used to justify the use of","the EU guarantee. The scoreboard shall","also be public and disclose the climate","impacts of the projects, indicating how","they comply with the national energy and","climate plans as regards the targets set","out in the EU 2030 framework for climate","and energy. The publication shall not","contain commercially sensitive","information. In reaching its decision, the","Investment Committee shall be supported","by the documentation provided by the EIB."],"old":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. The publication","shall not contain commercially sensitive","information. In reaching its decision, the","Investment Committee shall be supported","","by the documentation provided by the EIB."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"333","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Jon\u00e1s Fern\u00e1ndez","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-96","location":[[" Proposal for a regulation","Recital 6"]],"meps":[125046],"meta":{"created":"2019-07-03T06:07:05"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration and","financial capacity. The legal extension","covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States will also","contribute as a matter of priority."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration and","financial capacity. The legal extension","covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority."],"orig_lang":"es","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"96","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Eva Maydell, Ivana Maleti\u0107","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-334","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d"],["Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 12 \u2013 subparagraph 2 \u2013 second sentence"]],"meps":[98341,119436],"meta":{"created":"2019-07-03T06:07:05"},"new":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. All additionality","aspects, which are not commercially","sensitive information, shall be publicly","disclosed by EIB as soon as projects are","approved. In reaching its decision, the","Investment Committee shall be supported","by the documentation provided by the EIB."],"old":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. The publication","shall not contain commercially sensitive","information. In reaching its decision, the","Investment Committee shall be supported","by the documentation provided by the EIB."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"334","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Alfred Sant","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-97","location":[["Proposal for a regulation","Recital 6"]],"meps":[124781],"meta":{"created":"2019-07-03T06:07:05"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its partial success,","the Commission is committed to the","doubling of the EFSI, both in terms of","duration and financial capacity. The legal","extension covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority. In","particular, Member States with fiscal","space should be encouraged to carry out","more expansionary fiscal policy by","making full use of the tools of the","Investment Plan for Europe and by","contributing to the EFSI."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration and","financial capacity. The legal extension","covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"97","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Enrique Calvet Chambon","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-98","location":[["Proposal for a regulation","Recital 6"]],"meps":[129407],"meta":{"created":"2019-07-03T06:07:06"},"new":["(6) The EFSI was established, as an","emergency plan, for an initial period of","three years and with the aim of mobilising","at least EUR 315 billion in investments.","Given its success, the Commission is","committed to the doubling of the EFSI,","both in terms of duration and financial","capacity. The legal extension covers the","period of the current Multiannual Financial","Framework and should provide a total of at","least half a trillion euro investments by","2020. In order to enhance the firepower of","the EFSI even further and reach the aim of","doubling the investment target, Member","States should also contribute as a matter of","priority."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","","of the EFSI, both in terms of duration and","financial capacity. The legal extension","covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"98","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Fabio De Masi, Paloma L\u00f3pez Bermejo, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-335","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d"],["Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 12 \u2013 subparagraph 2 \u2013 second sentence"]],"meps":[124858,125047,96820],"meta":{"created":"2019-07-03T06:07:05"},"new":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. In reaching its","decision, the Investment Committee shall","be supported by the documentation","provided by the EIB."],"old":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. The publication","shall not contain commercially sensitive","information. In reaching its decision, the","Investment Committee shall be supported","by the documentation provided by the EIB."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"335","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Ivana Maleti\u0107, Eva Maydell","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-99","location":[[" Proposal for a regulation","Recital 6 a (new)"]],"meps":[119436,98341],"meta":{"created":"2019-07-03T06:07:06"},"new":["(6 a) EFSI is one of the pillars of the","all-encompassing Investment Plan for","Europe, and its implementation cannot be","successful without implementation of","activities aimed at strengthening the","single market, creating a favourable","business environment and implementation","of structural reforms. In addition, well","structured projects as parts of investment","and development plans brought at the","level of Member States are of key","importance for success in using EFSI."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"99","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-336","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d a (new)"],[" Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 12 \u2013 subparagraph 3 a (new)"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:05"},"new":["(da) in paragraph 12, subparagraph 3a","is added:","\u2018The Investment Committee shall appear","before the European Parliament at six-","monthly intervals to report on, and where","necessary explain, investment decisions","taken, in accordance with Article 16(2) of","this Regulation;\u2019;"],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"336","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-337","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d a (new)"],[" Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 14"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:05"},"new":["(d a) article 7 para 14 is replaced by the","following:","\u201814. The Commission shall be","empowered to adopt delegated acts in","accordance with Article 23(1) to (3) and","(5) to supplement this Regulation by","establishing a scoreboard of indicators to","be used by the Investment Committee to","ensure an independent and transparent","assessment of the potential and actual use","of the EU guarantee.","The scoreboard shall consist of 3 pillars:","- a \"Strategic Targeting\" pillar","which shall include indicators assessing","the degree to which a proposed operation","qualifies as \"additional\" as defined in","this regulation as well as the degree to","which the proposed operation contributes","to the general objectives set out in Article","9","- a \"Citizens' Impact\" pillar which","shall include indicators such as long term","job creation and gross value added,","weighted by the unemployment and output","gaps applicable in the geographical areas","concerned and distinguishing between","direct and indirect effects","- a \"Technical Execution\" pillar","which shall include indicators relating to","the efficiency of the investment process","such as the ratio of public to private","commitments, the quality and capabilities","of promoters, intermediaries and","platforms.","The scores under each pillar shall be","combined as a weighted sum where the","\"targeting\" and \"overall impact\" pillar","scores are equally weighted and the","\"technical\" pillar score receives a weight","of no more than half of that applied to the","other pillars.","Such delegated acts shall be prepared in","close dialogue with the EIB."],"old":["14. The Commission shall be","empowered to adopt delegated acts in","accordance with Article 23(1) to (3) and","(5) to supplement this Regulation by","establishing a scoreboard of indicators to","be used by the Investment Committee to","ensure an independent and transparent","assessment of the potential and actual use","of the EU guarantee. Such delegated acts","shall be prepared in close dialogue with the","EIB."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"337","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-100","location":[[" Proposal for a regulation","Recital 7"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:06"},"new":["deleted"],"old":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that","strategic investment will continue at a","sustainable level."],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"100","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Othmar Karas","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-338","justification":" This amendment enhances the definition of cross-border projects under the EFSI Regulation\n considering the fact that so far, no cross-border operations involving non-EU countries were\n submitted to the Investment Committee.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 a (new)"],[" Regulation (EU) No 2015/1017","Article 8 \u2013 subparagraph 1 \u2013 point b"]],"meps":[4246],"meta":{"created":"2019-07-03T06:07:05"},"new":["(a a) in article 8, subparagraph 1, point","(b) is replaced by the following:","\u2018(b) involve entities located or","established in one or more Member States","extending to, or cooperating with entities","in, one or more third countries falling","within the scope of the European","Neighbourhood Policy, including the","Strategic Partnership, the enlargement","policy, the European Economic Area or the","European Free Trade Association, or to an","overseas country or territory as set out in","Annex II to the TFEU, whether or not there","is a partner in those third countries or","overseas countries or territories.\u2019;"],"old":["(b) involve entities located or","established in one or more Member States","and extend to one or more third countries","falling within the scope of the European","Neighbourhood Policy, including the","Strategic Partnership, the enlargement","policy, the European Economic Area or the","European Free Trade Association, or to an","overseas country or territory as set out in","Annex II to the TFEU, whether or not there","is a partner in those third countries or","overseas countries or territories.\""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"338","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Sander Loones, Roberts Z\u012ble, Bernd K\u00f6lmel on behalf of the ECR Group","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-101","location":[["Proposal for a regulation","Recital 7"]],"meps":[128717,28615,124824],"meta":{"created":"2019-07-03T06:07:06"},"new":["(7) The EFSI is meant to tackle the","investment gap and is therefore by nature","a temporary instrument, discussions on","the extension or smooth termination of","the Fund after 2020 should be based on","reports submitted by the Commission to","the European Parliament and the Council","with independent evaluations on the","success of EFSI, in particular with regard","to the additionality of the projects, and the","wider investment situation in the EU."],"old":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that","strategic investment will continue at a","sustainable level."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"101","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Pervenche Ber\u00e8s","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-102","location":[["Proposal for a regulation","Recital 7"]],"meps":[1985],"meta":{"created":"2019-07-03T06:07:06"},"new":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals, including as a","priority the setup of a euro area fiscal","capacity, to fill the current investment gap","in the Union and ensure the financing of","long term projects supporting the move","towards an EU resource-efficient, low-","carbon economy."],"old":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that strategic","investment will continue at a sustainable","level.",""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"102","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-339","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point - a (new)"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:05"},"new":["(-a) paragraph 2 is replaced by the","following:","\u2018The EU guarantee shall be granted for EIB","financing and investment operations","approved by the Investment Committee","referred to in Article 7(7) or for funding or","guarantees to the EIF in order to conduct","EIB financing and investment operations in","accordance with Article 11(3). The","operations concerned shall be strategic","operations and shall directly support any","of the following general objectives:","(a) research, development and","innovation through:","(i) projects that are in line with","Horizon 2020;","(ii) research infrastructures;","(iii) demonstration projects and","programmes as well as deployment of","related infrastructures, technologies and","processes;","(iv) support to academia including","collaboration with industry;","(v) knowledge and technology transfer;","(b) development of the energy sector in","accordance with the Energy Union","priorities, including security of energy","supply, and the 2020, 2030 and 2050","climate and energy frameworks through:","(i) expansion of the use or supply of","renewable energy;","(ii) energy efficiency and energy savings","(with a focus on reducing demand through","demand side management and the","refurbishment of buildings);","(iii) development and modernisation of","energy infrastructure (in particular","interconnections, smart grids at distribution","level, energy storage and synchronisation","of networks);","(c) development of transport","infrastructures, and equipment and","innovative technologies for transport,","including small scale projects, that are","listed in the individual member states'","Transport Master Plans, through:","(i) projects and horizontal priorities eligible","under Regulations (EU) No 1315/2013 and","(EU) No 1316/2013;","(ii) smart and sustainable urban mobility","projects (targeting accessibility, reduction","of greenhouse gas emissions, energy","consumption and accidents);","(iii) projects connecting nodes to TEN T","infrastructures;","(d) financial support through the EIF and","the EIB to entities having up to 3 000","employees, with a particular focus on","SMEs and small mid cap companies, in","particular through:","(i) provision of working capital and","investment;","(ii) provision of risk financing from seed to","expansion stages for SMEs, start ups, small","mid cap companies and mid cap","companies, to ensure technological","leadership in innovative and sustainable","sectors;","(e) development and deployment of","information and communication","technologies, in particular through:","(i) digital content;","(ii) digital services;","(iii) telecommunications infrastructures of","high speed;","(iv) broadband network;","(f) climate change mitigation and","adaptation, environment and resource","efficiency, in particular through:","(i) projects and infrastructures in the field","of environmental protection and","management;","(ii) strengthening of eco system services;","(iii) sustainable urban and rural","development;","(iv) climate change actions;","(g) human capital, culture and health, in","particular through:","(i) education and training;","(ii) cultural and creative industries and","projects in line with the Cultural and","Creative Sector Guarantee Facility (CCS","GF);","(iii) innovative health solutions;","(iv) new effective medicines;","(v) quality social infrastructures, social","services and social and solidarity","economy;","(vi) tourism;","EFSI may not be used for defence or","military related expenditure and current","EIB lending criteria must continue to","apply in this regard to purely civilian","ends.","The EIB shall ensure that at least 50 % of","EFSI financing under the infrastructure","and innovation window supports projects","that contribute directly to the COP21","commitments, including that at least 20%","of EFSI financing shall go to projects in","the sectors listed in Article 9 (2) point (b)","(ii), 20% to sectors listed point (c) related","to sustainable, energy efficient, low-","carbon transport and mobility projects.","The EIB shall ensure that at least 20% of","all EFSI financing supports projects","contributing directly to tackling poverty","and social exclusion","The Steering Board shall provide detailed","guidance to that end. All EFSI projects","shall comply with National Energy and","Climate Plans in delivering 2030 targets","and should simultaneously be climate-","proofed in line with the COP21","commitments. The Steering Board shall","develop adequate assessment tools and","detailed guidance to that end.","EFSI financing in support of projects that","contribute to climate action shall not be","included into the EIB climate action","target established for its standard","portfolio of projects"],"old":["The EU guarantee shall be granted for EIB","financing and investment operations","approved by the Investment Committee","referred to in Article 7(7) or for funding or","guarantees to the EIF in order to conduct","EIB financing and investment operations in","accordance with Article 11(3). The","operations concerned shall be consistent","with Union policies and support any of the","following general objectives:","(a) research, development and","innovation, in particular through:","(i) projects that are in line with Horizon","2020;","(ii) research infrastructures;","(iii) demonstration projects and","programmes as well as deployment of","related infrastructures, technologies and","processes;","(iv) support to academia including","collaboration with industry;","(v) knowledge and technology transfer;","(b) development of the energy sector in","accordance with the Energy Union","priorities, including security of energy","supply, and the 2020, 2030 and 2050","climate and energy frameworks, in","particular through:","(i) expansion of the use or supply of","renewable energy;","(ii) energy efficiency and energy savings","(with a focus on reducing demand through","demand-side management and the","refurbishment of buildings);","(iii) development and modernisation of","energy infrastructure (in particular","interconnections, smart grids at distribution","level, energy storage and synchronisation","of networks);","(c) development of transport","","infrastructures, and equipment and","innovative technologies for transport, in","particular through:","(i) projects and horizontal priorities eligible","under Regulations (EU) No 1315/2013 and","(EU) No 1316/2013;","(ii) smart and sustainable urban mobility","projects (targeting accessibility, reduction","of greenhouse gas emissions, energy","consumption and accidents);","(iii) projects connecting nodes to TEN-T","infrastructures;","(d) financial support through the EIF and","the EIB to entities having up to 3 000","employees, with a particular focus on","SMEs and small mid-cap companies, in","particular through:","(i) provision of working capital and","investment;","(ii) provision of risk financing from seed to","expansion stages for SMEs, start-ups, small","mid-cap companies and mid- cap","companies, to ensure technological","leadership in innovative and sustainable","sectors;","(e) development and deployment of","information and communication","technologies, in particular through:","(i) digital content;","(ii) digital services;","(iii) telecommunications infrastructures of","high speed;","(iv) broadband network;","(f) environment and resource efficiency, in","particular through:","(i) projects and infrastructures in the field","of environmental protection and","management;","(ii) strengthening of eco-system services;","","","(iii) sustainable urban and rural","development;","(iv) climate change actions;","(g) human capital, culture and health, in","particular through:","(i) education and training;","(ii) cultural and creative industries;","(iii) innovative health solutions;","(iv) new effective medicines;","(v) social infrastructures, social and","solidarity economy;","(vi) tourism.","",""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"339","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Eva Maydell, Ivana Maleti\u0107","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-103","location":[[" Proposal for a regulation","Recital 7"]],"meps":[98341,119436],"meta":{"created":"2019-07-03T06:07:06"},"new":["(7) In the Multiannual Financial","Framework for the period after 2020, the","Commission shall put forward the","necessary proposals to ensure that strategic","investment will continue at a sustainable","level based on the assessment of EFSI's","operation and its qualitative effect on the","investment landscape in the EU."],"old":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that strategic","investment will continue at a sustainable","level."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"103","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Pirkko Ruohonen-Lerner","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-340","justification":" Additionality must be required of all funding.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 a (new)"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 introductory part"]],"meps":[132366],"meta":{"created":"2019-07-03T06:07:06"},"new":["5 a) Article 9, point (2), introductory","words","The EU guarantee shall be granted for EIB","financing and investment operations","approved by the Investment Committee","referred to in Article 7(7) or for funding or","guarantees to the EIF in order to conduct","EIB financing and investment operations in","accordance with Article 11(3). In","accordance with the guidance of the","Steering Board, an appropriate part of the","EU guarantee shall be granted directly to","investment platforms and national","promotional banks or institutions, subject","to an additionality requirement for their","operations too. The operations concerned","shall be consistent with Union policies and","support any of the following general","objectives:\u2019"],"old":["The EU guarantee shall be granted for EIB","financing and investment operations","approved by the Investment Committee","referred to in Article 7(7) or for funding or","guarantees to the EIF in order to conduct","EIB financing and investment operations in","accordance with Article 11(3). The","operations concerned shall be consistent","with Union policies and support any of the","following general objectives:\u2019"],"orig_lang":"fi","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"340","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Neena Gill","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-104","location":[[" Proposal for a regulation","Recital 7"]],"meps":[4533],"meta":{"created":"2019-07-03T06:07:06"},"new":["(7) For the period after 2020, the","Commission will put forward the necessary","proposals to ensure that strategic","investment will continue at a sustainable","level."],"old":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that strategic","investment will continue at a sustainable","level."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"104","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Sylvie Goulard, Ramon Tremosa i Balcells, Lieve Wierinck, Nils Torvalds, Dominique Riquet","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-341","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point -a (new)"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 introductory part"]],"meps":[97137,97203,183022,114268,96885],"meta":{"created":"2019-07-03T06:07:06"},"new":["(-a) In article 9, paragraph 2,","introductory part is replaced by the","following :","The EU guarantee shall be granted for EIB","financing and investment operations","approved by the Investment Committee","referred to in article 7(7) or for funding or","guarantees to the EIF in order to conduct","EIB financing and investment operations in","accordance with Article 11(3) and in","accordance with the guidance of the","Steering Board. Cooperation of the EIB","with NPB/NPIs should be encouraged to","leverage the deep market knowledge of","these entities with the increased financing","capacity of the EIB provide by the EU","guarantee. The operations concerned shall","be consistent with Union policies and","support any of the following general","objectives."],"old":["The EU guarantee shall be granted for EIB","financing and investment operations","approved by the Investment Committee","referred to in Article 7(7) or for funding or","guarantees to the EIF in order to conduct","EIB financing and investment operations in","accordance with Article 11(3). The","operations concerned shall be consistent","with Union policies and support any of the","following general objectives:"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"341","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Olle Ludvigsson","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-342","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point -a (new)"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 introductory part"]],"meps":[96673],"meta":{"created":"2019-07-03T06:07:06"},"new":["(-a) in paragraph 2, the introductory","words are replaced by the following:","\u2018The EU guarantee shall be granted for EIB","financing and investment operations","approved by the Investment Committee","referred to in article 7(7) or for funding or","guarantees to the EIF in order to conduct","EIB financing and investment operations","in accordance with Article 11(3). 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The","operations concerned shall be consistent","with Union policies and support any of the","following general objectives:"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"342","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Enrique Calvet Chambon","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-105","location":[["Proposal for a regulation","Recital 7"]],"meps":[129407],"meta":{"created":"2019-07-03T06:07:06"},"new":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that strategic","investment will continue at a sustainable","level; a comprehensive impact assessment","shall be made by the Commission to","justify a future proposal."],"old":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that strategic","investment will continue at a sustainable","level."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"105","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Sylvie Goulard, Ramon Tremosa i Balcells, Lieve Wierinck, Nils Torvalds, Dominique Riquet","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-343","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point -a (new)"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point b \u2013 point ii"]],"meps":[97137,97203,183022,114268,96885],"meta":{"created":"2019-07-03T06:07:06"},"new":["(-a) in Article 9, paragraph 2, point (b),","point (ii) is amended as follows:","\u2018(ii) energy efficiency and energy","savings (with a focus on reducing demand","through demand-side management and the","refurbishment of buildings including","prisons);\u2019"],"old":["(ii) energy efficiency and energy","savings (with a focus on reducing demand","through demand-side management and the","refurbishment of buildings);"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"343","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Tam\u00e1s Deutsch","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-106","location":[["Proposal for a regulation","Recital 7 a (new)"]],"meps":[96826],"meta":{"created":"2019-07-03T06:07:06"},"new":["(7 a) Proposals aiming at extending the","investment period after 2020 should be","preceded by and based on independent","evaluations, which analyse whether EFSI","achieves its objectives, in particular","regarding the additionality of projects as","well as its impact on growth and","employment."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"106","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Isabelle Thomas, Jean-Paul Denanot","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-344","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point -a (new)"],[" Regulation 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point b \u2013 point iii"]],"meps":[114279,94282],"meta":{"created":"2019-07-03T06:07:06"},"new":["(-a) in paragraph 2(b), point (iii) is","replaced by the following:","\u2018iii) development and modernisation of","energy infrastructure (in particular","interconnections, smart grids at distribution","level, energy storage, synchronisation of","networks and marine energy);\u2019"],"old":["iii) development and modernisation of","energy infrastructure (in particular","interconnections, smart grids at distribution","level, energy storage and synchronisation","of networks);"],"orig_lang":"fr","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"344","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Tam\u00e1s Deutsch","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-107","location":[["Proposal for a regulation","Recital 7 b (new)"]],"meps":[96826],"meta":{"created":"2019-07-03T06:07:06"},"new":["(7 b) Proposals on the extension of the","EFSI should not aim at replacing or","reducing the budget of the European","Structural and Investment Funds."],"old":[""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"107","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Fabio De Masi, Paloma L\u00f3pez Bermejo, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-345","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point -a (new)"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point c \u2013 introductory part"]],"meps":[124858,125047,96820],"meta":{"created":"2019-07-03T06:07:06"},"new":["(-a) in Article 9, in paragraph 2 point","(c) is replaced by the following:","\u2018(c) development of transport","infrastructures, and equipment and","innovative technologies for transport,","avoiding any finance to intensive fossil","fuel infrastructures such as motorway and","airports, in particular through:\u2019"],"old":["(c) development of transport","infrastructures, and equipment and","innovative technologies for transport, in","particular through:"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"345","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Andrea Cozzolino, Luigi Morgano, Simona Bonaf\u00e8","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-108","location":[[" 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They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In line with the","EU's commitment to the global fight","against climate change, operations","supported by the EFSI should contribute,","as much as possible, to achieving the","objectives of COP21. In order to reinforce","the climate action element under the","EFSI, the EIB should build on its","experience as one of the largest providers","of climate finance worldwide and use its","internationally agreed methodology to","credibly identify climate action","components or cost shares. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. For reasons of","clarity, although they are already eligible,","it should be explicitly laid down that","projects in the fields of agriculture,","forestry, fishery and aquaculture and other","elements of a wider bioeconomy come","within the general objectives eligible for","EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular,","the contribution of operations supported","by the EFSI to achieving the Union's","ambitious targets set at the Paris Climate","Conference (COP21) should be","reinforced. Energy interconnection","priority projects and energy efficiency","projects should also be increasingly","targeted. In addition, EFSI support to","motorways should be avoided, unless it is","needed to support private investment in","transport in cohesion countries or in","cross-border transport projects involving","at least one cohesion country. For reasons","of clarity, although they are already","eligible, it should be explicitly laid down","that projects in the fields of agriculture,","fishery and aquaculture come within the","general objectives eligible for EFSI","support.",""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"108","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Enrique Calvet Chambon","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-346","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point -a (new)"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point g \u2013 point i"]],"meps":[129407],"meta":{"created":"2019-07-03T06:07:06"},"new":["(-a) In Article 9, in paragraph 2 point","(g), point (i) is replaced by the following:","\u2018(i) labour market, education and training,","vocational training for skills and lifelong","learning;\u2019"],"old":["","","(i) education and training;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"346","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Jon\u00e1s Fern\u00e1ndez","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-109","location":[["Proposal for a regulation","Recital 8"]],"meps":[125046],"meta":{"created":"2019-07-03T06:07:06"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. For reasons of","clarity, although they are already eligible,","it should be explicitly laid down that","projects in the fields of agriculture, fishery","and aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"es","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"109","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Fabio De Masi, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-110","location":[[" Proposal for a regulation","Recital 8"]],"meps":[124858,96820],"meta":{"created":"2019-07-03T06:07:06"},"new":["(8) The extended EFSI should address","market failures and sub-optimal investment","situations to mobilise public sector","financing in investments crucial for","Europe's future job creation \u2013 including for","the youth \u2013 and growth with ensured","additionality. They include investments in","the areas of energy, environment and","climate action, social economy and related","infrastructure, healthcare, research and","innovation, cross-border and sustainable","transport, as well as the digital","transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the ambitious targets set","at the Paris Climate Conference (COP21)","and the EU 2050 commitment to reduce","Greenhouse gas emissions by 80-95%,","must be reinforced. Energy efficiency","projects should also be increasingly","targeted. In addition, EFSI support to","motorways or fossil fuel projects must be","avoided. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"110","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Alfred Sant","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-347","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point -a (new)Regulation (EU) 2015/1017"],["","Article 9 \u2013 paragraph 2 \u2013 point g \u2013 point v"]],"meps":[124781],"meta":{"created":"2019-07-03T06:07:06"},"new":["(-a) in Article 9, in paragraph 2 point","(g), point (v) is replaced by the following:","\u2018(iv) social infrastructures, social services","and solidarity economy;\u2019"],"old":["(v) social infrastructures, social and","solidarity economy;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"347","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-111","location":[["Proposal for a regulation","Recital 8"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:06"},"new":["(8) The EFSI should address remaining","market failures and sub-optimal investment","situations and continue to mobilise private","sector financing in investments crucial for","Europe's future job creation \u2013 including for","the youth \u2013, growth and competitiveness","with strengthened additionality. They","include investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Electricity","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","except for cross-border sections as defined","in transport in Article 2 (2) of regulation","1316/2013 between cohesion countries. It","should be explicitly laid down that","projects in the fields of agriculture,","fishery and aquaculture are not eligible","for EFSI support. EFSI support for fossil","fuel projects, especially infrastructure and","nuclear installations should be avoided.","Given the very high rates of poverty and","social exclusion in Europe, the operations","supported by the EFSI to tackling this","issue should be reinforced. Further given","the significant need for investment into","social infrastructure, projects in the fields","of social services, healthcare services,","education and social housing come within","the general objectives eligible for EFSI","support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"111","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-348","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point a Regulation (EU) No 2015/1017"],["","Article 9 \u2013 paragraph 2 \u2013 points (h) and (i)"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:06"},"new":["deleted","for less-developed regions and"],"old":["(a) in paragraph 2 the following","points (h) and (i) are added:","'(h) agriculture, fishery and","aquaculture;","(i)","transition regions as listed respectively in","Annex I and Annex II of Commission","Implementing Decision 2014/99/EU ,","other industry and services eligible for","EIB support.';"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"348","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-112","location":[[" Proposal for a regulation","Recital 8"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:06"},"new":["(8) The EFSI must address remaining","market failures and sub-optimal investment","situations, using only public sector","financing for investments crucial for","Europe\u2019s future job creation \u2013 particularly","for young people \u2013, sustainable growth","and competitiveness with strengthened","additionality. They include investments in","the areas of energy, environment and","climate action, social and human capital","and related infrastructure, healthcare,","research and innovation, cross-border and","sustainable transport, as well as the digital","transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced, eliminating","any support for fossil fuels. Energy","interconnection priority projects with zero","impact on emissions and energy efficiency","projects should also be increasingly","targeted. So far, the support provided by","the EFSI to energy, energy efficiency and","renewable energy projects has been","achieved by means of a corresponding","reduction in ordinary EIB investments in","those sectors, nullifying the notion of","additionality. The investments financed","under the EFSI should be additional to","the normal operations of the EIB. In","addition, EFSI support to motorways and","airports must be avoided, unless it is","needed to support private investment in","transport in cohesion countries or in cross-","border transport projects involving at least","one cohesion country. For reasons of","clarity, although they are already eligible,","it should be explicitly laid down that","projects in the fields of agriculture, fishery","and aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support.",""],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"112","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Alain Lamassoure","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-349","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point a \u2013 introductory part)"],["Regulation 2015/1017","Article 9 \u2013 paragraph 2 \u2013 points (h) and (i)"]],"meps":[1204],"meta":{"created":"2019-07-03T06:07:06"},"new":["(a) in paragraph 2 the following points","(h), (i) and (ia) are added:"],"old":["(a) in paragraph 2 the following points","(h) and (i) are added:"],"orig_lang":"fr","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"349","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Enrique Calvet Chambon","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-113","location":[["Proposal for a regulation","Recital 8"]],"meps":[129407],"meta":{"created":"2019-07-03T06:07:07"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation, areas which","have the highest GDP economic","multipliers in order to strength economic,","social and territorial cohesion. In","particular, the contribution of operations","supported by the EFSI to achieving the","Union's ambitious targets set at the Paris","Climate Conference (COP21) and by","Europe 2020 Strategy, especially those","that tackle unemployment and","inequalities, should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be","reconsidered bearing in mind the need to","enhance the intermodality of","transports; Stresses the need to support","private investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture but also in technologies","related to security and defence industries","come within the general objectives eligible","for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support.",""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"113","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-350","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point a"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point h"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:06"},"new":["deleted"],"old":["(h) agriculture, fishery and","aquaculture;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"350","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Neena Gill","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-114","location":[[" Proposal for a regulation","Recital 8"]],"meps":[4533],"meta":{"created":"2019-07-03T06:07:07"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of renewable","energy, environment and climate action,","social and human capital and related","infrastructure, social housing, healthcare,","research and innovation, cross-border and","sustainable transport, as well as the digital","transformation and the creative industry.","In particular, the contribution of operations","supported by the EFSI to achieving the","Union's ambitious targets set at the Paris","Climate Conference (COP21) should be","reinforced. Energy interconnection priority","projects and energy efficiency projects","should also be increasingly targeted. In","addition, EFSI support to new motorways","should be phased out, unless it is needed to","support private investment in transport in","cohesion countries or in cross-border","transport projects involving at least one","cohesion country. For reasons of clarity,","although they are already eligible, it should","be explicitly laid down that projects in the","fields of sustainable agriculture, fishery","and aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. 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For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support.",""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"116","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Renato Soru","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-352","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point a"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point h"]],"meps":[124860],"meta":{"created":"2019-07-03T06:07:06"},"new":["h) agriculture, fishery, forestry,","zootechny and aquaculture;"],"old":["h) agriculture, fishery and","aquaculture;"],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"352","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Maria Spyraki, Eva Kaili","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-117","location":[["Proposal for a regulation","Recital 8"]],"meps":[125064,125109],"meta":{"created":"2019-07-03T06:07:07"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe's future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, the","circular economy, social and human","capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, tourism,","as well as the digital transformation. In","particular, the contribution of operations","supported by the EFSI to achieving the","Union's ambitious targets set at the Paris","Climate Conference (COP21) should be","reinforced. This would be in line with","EIB's current climate finance target of","25% based on its full portfolio. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted especially since the","former could exemplify cases of market","failure and the latter of sub-optimal","investment situations. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. 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For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"117","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Neena Gill","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-353","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point a"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point h"]],"meps":[4533],"meta":{"created":"2019-07-03T06:07:06"},"new":["(h) sustainable agriculture, fishery and","aquaculture;"],"old":["(h) agriculture, fishery and","aquaculture;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"353","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Alfred Sant","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-118","location":[[" Proposal for a regulation","Recital 8"]],"meps":[124781],"meta":{"created":"2019-07-03T06:07:07"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe's future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. 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In","addition, EFSI support to motorways","should be avoided, unless it is needed to","support private investment in transport in","cohesion countries or in cross-border","transport projects involving at least one","cohesion country. For reasons of clarity,","although they are already eligible, it should","be explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. 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For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"118","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Isabelle Thomas, Jean-Paul Denanot","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-354","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point a"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point h"]],"meps":[114279,94282],"meta":{"created":"2019-07-03T06:07:07"},"new":["h) agriculture, forestry, fishery and","aquaculture;"],"old":["h) agriculture, fishery and","aquaculture;"],"orig_lang":"fr","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"354","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Enrique Calvet Chambon","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-355","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point a a (new)"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point h a (new)"]],"meps":[129407],"meta":{"created":"2019-07-03T06:07:07"},"new":["(a a) in paragraph 2 the following point","(ha) is added:","\u2018(h a) technologies related to security","and defence industries;\u2019"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"355","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Jos\u00e9 Manuel Fernandes","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-119","location":[["Proposal for a regulation","Recital 8"]],"meps":[96899],"meta":{"created":"2019-07-03T06:07:07"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. 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For reasons of","clarity, although they are already eligible,","it should be explicitly laid down that","projects in the fields of agriculture, fishery","and aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. 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For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"119","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Isabelle Thomas, Jean-Paul Denanot","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-356","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point a a (new)"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point h a (new)"]],"meps":[114279,94282],"meta":{"created":"2019-07-03T06:07:07"},"new":["(a a) in paragraph 2 the following point","(ha) is added:","\u2018ha) blue growth;\u2019"],"orig_lang":"fr","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"356","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Alain Lamassoure","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-120","location":[[" Proposal for a regulation","Recital 8 a (new)"]],"meps":[1204],"meta":{"created":"2019-07-03T06:07:07"},"new":["(8a) In line with the EU\u2019s commitments","on tackling climate change, operations","supported by the EFSI should contribute,","as far as possible, to achieving the COP21","objectives. 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Support of any kind for the","fossil fuel sector must be prohibited."],"old":[""],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"121","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Ramon Tremosa i Balcells","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-358","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point a"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point i"]],"meps":[97203],"meta":{"created":"2019-07-03T06:07:07"},"new":["deleted"],"old":["(i) for less-developed regions and","transition regions as listed respectively in","Annex I and Annex II of Commission","Implementing Decision 2014/99/EU5 ,","other industry and services eligible for","EIB support.;","_________________","5 Commission Implementing Decision No","2014/99/EU of 18 February 2014 setting","out the list of regions eligible for 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The Steering Board shall","provide detailed guidance to that end.;\u2019"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"361","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Alain Lamassoure","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-125","location":[[" Proposal for a regulation","Recital 8 b (new)"]],"meps":[1204],"meta":{"created":"2019-07-03T06:07:07"},"new":["(8b) The discussions on the eligibility","of EIB funding for the defence industry","highlighted the relevance of its","intervention in support of industrial","sectors which are considered to contribute","to European strategic independence and","of SMEs in the defence and internal","security sector, which are finding it","difficult to attract traditional funding and","funding for innovation in this area."],"orig_lang":"fr","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"125","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-362","justification":"is reworded and integrated in proposal for article 9 (2)","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:07"},"new":["deleted"],"old":["(b) in paragraph 2, the following","subparagraph is added:","\u2018The EIB shall target that at least 40 % of","EFSI financing under the infrastructure","and innovation window supports projects","","","with components that contribute to","climate action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end.;\u2019"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"362","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Jon\u00e1s Fern\u00e1ndez","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-126","location":[[" Proposal for a regulation","Recital 8 b (new)"]],"meps":[125046],"meta":{"created":"2019-07-03T06:07:07"},"new":["(8b) The EFSI will support","undertakings which take on more staff."],"old":[""],"orig_lang":"es","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"126","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-363","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:07"},"new":["The EIB shall target that at least 50% of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments, including a commitment","that at least 25% of EFSI financing shall","support energy efficiency projects.","Support of any kind for the fossile fuel","sector shall be prohibited. 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The Steering Board shall","provide detailed guidance to that end."],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"363","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Alain Lamassoure","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-127","location":[["Proposal for a regulation","Recital 8 c (new)"]],"meps":[1204],"meta":{"created":"2019-07-03T06:07:07"},"new":["(8c) In that context, it is understood","that the EU guarantee may be granted for","EIB financing and investment operations","in support of the objectives listed in","Article 9(2), including within the limits set","by the Treaties, for projects connected","with the security and defence sectors. Any","change to the EIB\u2019s list of eligible sectors","should be subject to the approval of the","EIB\u2019s governing bodies."],"orig_lang":"fr","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"127","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Fabio De Masi, Paloma L\u00f3pez Bermejo, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-364","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[124858,125047,96820],"meta":{"created":"2019-07-03T06:07:07"},"new":["The EIB shall target that at least 80 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, including at least 35% of EFSI","financing to support energy efficiency","projects, are in line with the COP21","commitments and the EU 2050","commitments to reduce greenhouse gas","emission by 80-95%. 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Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should","be considered additional given their","inherent difficulty and their high added","","value for the Union."],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"128","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Pervenche Ber\u00e8s","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-365","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[1985],"meta":{"created":"2019-07-03T06:07:07"},"new":["The EIB shall target that at least 50 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. 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Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should","be considered additional given their","inherent difficulty and their high added","value for the Union."],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"129","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Sirpa Pietik\u00e4inen","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-366","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[40599],"meta":{"created":"2019-07-03T06:07:07"},"new":["The EIB shall target that at least 50 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, including at least 25% of EFSI","financing that shall support energy","efficiency projects, in line with the COP21","commitments. 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Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","","States, including e-infrastructure, should","be considered additional given their","inherent difficulty and their high added","value for the Union."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"130","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Andrea Cozzolino, Luigi Morgano","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-367","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[96880,124788],"meta":{"created":"2019-07-03T06:07:07"},"new":["Whilst recognising the demand-driven","nature of the EFSI, the EIB shall aim that","at least 40 % of EFSI financing in the","combined objective under the","infrastructure and innovation window","contributes to climate action, in line with","the COP21 commitments. 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Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should","be considered additional given their","inherent difficulty and their high added","value for the Union."],"orig_lang":"fi","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"131","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Fabio De Masi, Paloma L\u00f3pez Bermejo, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-132","location":[["Proposal for a regulation","Recital 9"]],"meps":[124858,125047,96820],"meta":{"created":"2019-07-03T06:07:08"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Only public operations in","infrastructure under the Infrastructure and","Innovation Window linking two or more","Member States, including e-infrastructure,","should be considered additional. EFSI","should not finance public-private-","partnership projects in infrastructure,","given that these are in general more","expensive for tax payers and consumers."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for","the Union."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"132","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Maria Spyraki, Eva Kaili","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-368","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[125064,125109],"meta":{"created":"2019-07-03T06:07:07"},"new":["Whilst recognizing the demand driven","nature of EFSI, the EIB shall that aim at","least 40 % of EFSI financing in the","combined objectives under the","infrastructure and innovation window","contributes to climate action in line with","the COP21 commitments. EFSI financing","for SMEs and mid-cap companies shall","not be included in the computation."],"old":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"368","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Enrique Calvet Chambon","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-369","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[129407],"meta":{"created":"2019-07-03T06:07:07"},"new":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action and job creation, in line with the","COP21 and the Europe 2020 Strategy","commitments. The Steering Board shall","provide detailed guidance to that end."],"old":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"369","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Maria Spyraki, Eva Kaili","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-133","location":[[" Proposal for a regulation","Recital 9"]],"meps":[125064,125109],"meta":{"created":"2019-07-03T06:07:08"},"new":["(9) Additionality, a key feature of the","EFSI, should be systematically assessed","and documented in the selection of each","project. 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Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"133","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Simona Bonaf\u00e8","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-370","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[124814],"meta":{"created":"2019-07-03T06:07:07"},"new":["The EIB shall target that projects with","components that contribute to climate","action shall be supported under the","infrastructure and innovation window, in","line with the COP21 commitments. The","Steering Board shall provide detailed","guidance to that end."],"old":["The EIB shall target that at least 40% of","EFSI financing under the infrastructure","and innovation window supports projects","with components that contribute to","climate action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end."],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"370","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Nils Torvalds, Sylvie Goulard, Lieve Wierinck, Anneli J\u00e4\u00e4tteenm\u00e4ki, Dominique Riquet, Louis Michel","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-371","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[114268,97137,183022,28314,96885,96670],"meta":{"created":"2019-07-03T06:07:08"},"new":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to this end."],"old":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"371","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Jon\u00e1s Fern\u00e1ndez","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-134","meps":[125046],"meta":{"created":"2019-07-03T06:07:08"},"old":["(9) Additionality, a key feature of the (9) Additionality, a key feature of the","EFSI, should be strengthened in the EFSI, should be strengthened in the","selection of projects. In particular, selection of projects. In particular,","operations should only be eligible for EFSI operations should be eligible for EFSI","support if they address clearly identified support if they address market failures,","market failures or sub-optimal investment sub-optimal investment situations or delays","situations. Operations in infrastructure in the mobilisation of private capital.","under the Infrastructure and Innovation Operations in infrastructure under the","Window linking two or more Member Infrastructure and Innovation Window","States, including e-infrastructure, should be linking two or more Member States,","considered additional given their inherent including e-infrastructure, should be","difficulty and their high added value for the considered additional given their inherent","Union. difficulty and their high added value for the"," Union."],"orig_lang":"es","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"134","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Siegfried Mure\u015fan","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-135","location":[["Proposal for a regulation","Recital 9"]],"meps":[124802],"meta":{"created":"2019-07-03T06:07:08"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States or regions, including e-","infrastructure, should be considered","additional given their inherent difficulty","and their high added value for the Union.","Any project seeking EFSI financing that","is co-financed with an ESIF contribution","should be considered additional, given the","imperative need to create synergies","between the different EU funding","sources."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union.",""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"135","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Olle Ludvigsson","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-372","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[96673],"meta":{"created":"2019-07-03T06:07:08"},"new":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects that","foster climate action, in line with the","COP21 commitments. The Steering Board","shall provide detailed guidance to that end.;"],"old":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end.;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"372","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Ramon Tremosa i Balcells, Sylvie Goulard, Lieve Wierinck, Nils Torvalds, Dominique Riquet","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-373","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b a (new)"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 b (new)"]],"meps":[97203,97137,183022,114268,96885],"meta":{"created":"2019-07-03T06:07:08"},"new":["(b a) in paragraph 2, the following","subparagraph is added:","\u2018The EIB shall use the EU guarantee for","supporting investment platforms or funds","and national promotional banks or","institutions that invest in operations","meeting the requirements of this","Regulation (eligible vehicles), after","approval by the Investment Committee. In","order to strengthen its objective, the","Investment Committee shall encourage","cooperation with cross-border investment","platforms.\u2019"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"373","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Nils Torvalds, Sylvie Goulard, Ramon Tremosa i Balcells, Lieve Wierinck, Anneli J\u00e4\u00e4tteenm\u00e4ki, G\u00e9rard Deprez, Dominique Riquet, Louis Michel","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-136","location":[[" Proposal for a regulation","Recital 9"]],"meps":[114268,97137,97203,183022,28314,1473,96885,96670],"meta":{"created":"2019-07-03T06:07:08"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. The purpose of additionality","should be limited to ensuring that selected","projects are those that could not have","otherwise obtained financing on the","market due to a higher risk profile.","Operations in infrastructure under the","Infrastructure and Innovation Window","linking two or more Member States,","including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"136","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Pervenche Ber\u00e8s","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-374","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b a (new)"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 b (new)"]],"meps":[1985],"meta":{"created":"2019-07-03T06:07:08"},"new":["(b a) in paragraph 2, the following","subparagraph is added:","\u2018The EIB shall also strive to rebalance its","portfolio of projects under EFSI","financing so as to ensure that a more","significant portion of the EU guarantee is","granted to investment operations defined","in point (g) of paragraph 2 [human","capital, culture and health] and to","improve the level of combination with the","European Structural and Investment","Funds, notably through the European","Social Fund. The Steering Board shall","also provide detailed guidance to that","end.\u2019"],"old":["",""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"374","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Neena Gill","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-137","location":[[" Proposal for a regulation","Recital 9"]],"meps":[4533],"meta":{"created":"2019-07-03T06:07:08"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, could be","considered additional given their inherent","difficulty and their high added value for the","Union."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should","be considered additional given their","inherent difficulty and their high added","value for the Union."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"137","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Luigi Morgano","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-375","justification":"While cultural and creative industries are referred to in the general objectives of EFSI,\naccording to available data they have not been beneficiaries of financing under the\ninfrastructure and innovation window.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b a (new)"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 b (new)"]],"meps":[124788],"meta":{"created":"2019-07-03T06:07:08"},"new":["(b a) in paragraph 2, the following","subparagraph is added:","\u2018The EIB shall target that EFSI financing","under the infrastructure and innovation","window supports projects in the cultural","and creative sector. The Steering Board","shall provide detailed guidance to that","end.\u2019;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"375","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Andrea Cozzolino, Luigi Morgano, Simona Bonaf\u00e8","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-138","location":[["Proposal for a regulation","Recital 9"]],"meps":[96880,124788,124814],"meta":{"created":"2019-07-03T06:07:08"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States or regions, including e-","infrastructure, should be as a rule","considered additional given their inherent","difficulty and their high added value for the","Union."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"138","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Luigi Morgano","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-376","justification":" While cultural and creative industries are referred to in the general objectives of EFSI,\n according to available data they have not been beneficiaries of financing under the\n infrastructure and innovation window.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b c (new)"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 d (new)"]],"meps":[124788],"meta":{"created":"2019-07-03T06:07:08"},"new":["(b c) in paragraph 2, the following","subparagraph is added:","\u2018The EIB shall target that at least 1 % of","EFSI financing supports projects in the","cultural and creative sector. The Steering","Board shall provide detailed guidance to","that end.\u2019"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"376","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-377","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point c"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 3"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:08"},"new":["deleted"],"old":["(c) paragraph (3) is replaced by the","following:","\u20183. The investment period during which","the EU guarantee may be granted for","supporting financing and investment","operations covered by this Regulation","shall last until:","a) 31 December 2020, for EIB operations","for which a contract between the EIB and","the beneficiary or financial intermediary","","has been signed by 31 December 2022;","b) 31 December 2020, for EIF operations","for which a contract between the EIF and","the financial intermediary has been","signed by 31 December 2022.';"],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"377","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Alfred Sant, Costas Mavrides","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-139","location":[["Proposal for a regulation","Recital 9"]],"meps":[124781,124691],"meta":{"created":"2019-07-03T06:07:08"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, as well as operations in insular","and peripheral EU regions, including e-","infrastructure, should be considered","additional given their inherent difficulty","and their high added value for the Union."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"139","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-378","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point c"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 3"]],"meps":[124780],"meta":{"created":"2019-07-03T06:07:08"},"new":["deleted"],"old":["(c) paragraph (3) is replaced by the","following:","\u20183. The investment period during which","the EU guarantee may be granted for","supporting financing and investment","operations covered by this Regulation","shall last until:","a) 31 December 2020, for EIB operations","for which a contract between the EIB and","the beneficiary or financial intermediary","has been signed by 31 December 2022;","b) 31 December 2020, for EIF operations","for which a contract between the EIF and","the financial intermediary has been","signed by 31 December 2022.';"],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"378","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-379","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point c"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 3"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:08"},"new":["3. The investment period during","which the EU guarantee may be granted for","supporting financing and investment","operations covered by this Regulation shall","last until:","(a) 31 December 2020, for EIB","operations for which a contract between","the EIB and the beneficiary or financial","intermediary has been signed by 31","December 2022;","(b) 31 December 2020, for EIF","operations for which a contract between","the EIF and the financial intermediary has","been signed by 31 December 2022.","A new investment period may be set in","accordance with the procedure provided","for in Article 18."],"old":["3. The investment period during","which the EU guarantee may be granted for","supporting financing and investment","operations covered by this Regulation shall","last until:","(a) 31 December 2020, for EIB","operations for which a contract between","the EIB and the beneficiary or financial","intermediary has been signed by 31","December 2022;","(b) 31 December 2020, for EIF","operations for which a contract between","the EIF and the financial intermediary has","been signed by 31 December 2022."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"379","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Ramon Tremosa i Balcells, Dominique Riquet","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-140","location":[[" Proposal for a regulation","Recital 9"]],"meps":[97203,96885],"meta":{"created":"2019-07-03T06:07:08"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure or the","TEN-T and TEN-E networks, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"140","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-380","justification":" Extending or broadening the EFSI must be avoided.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point d"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 4"]],"meps":[124780],"meta":{"created":"2019-07-03T06:07:08"},"new":["deleted"],"old":["(d) paragraph 4 is deleted;"],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"380","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Enrique Calvet Chambon","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-141","location":[["Proposal for a regulation","Recital 9"]],"meps":[129407],"meta":{"created":"2019-07-03T06:07:08"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States or areas, including e-infrastructure,","should be considered additional given their","inherent difficulty and their high added","value for the Union."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"141","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Tam\u00e1s Deutsch","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-381","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point d"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 4"]],"meps":[96826],"meta":{"created":"2019-07-03T06:07:08"},"new":["deleted"],"old":["(d) paragraph 4 is deleted.;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"381","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Tam\u00e1s Deutsch","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-382","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point d a (new)"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 4"]],"meps":[96826],"meta":{"created":"2019-07-03T06:07:08"},"new":["(d) paragraph 4 is replaced by the","following:","\u20184. Any new proposal extending the","investment period during which the EU","guarantee may be granted shall be based,","among others, on an independent","evaluation as referred to in Article 18 (6)","and (7).\u2019;"],"old":["4. A new investment period may be","set in accordance with the procedure","provided for in Article 18."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"382","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Luigi Morgano, Christian Ehler, Pervenche Ber\u00e8s","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-142","location":[["Proposal for a regulation","Recital 9 a (new)"]],"meps":[124788,28226,1985],"meta":{"created":"2019-07-03T06:07:08"},"new":["(9 a) It is erroneously argued that there","is a higher degree of risk involved in","investing in cultural and creative","industries compared with other types of","business; that argument is based, inter","alia, on the fact that cultural and creative","industries are IPR-intensive and that","there are difficulties involved in using","intangible goods as guarantees for","financing."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"142","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Othmar Karas","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-383","justification":" This amendment underlines that the EIB shall cooperate as extensively as possible with\n platforms or national promotional banks or institutions which public authorities within\n Member States have established and which share the objectives of the EFSI.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point d a (new)"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 4 a (new)"]],"meps":[4246],"meta":{"created":"2019-07-03T06:07:08"},"new":["(d a) in Article 9, a new paragraph 4a is","inserted:","\u20184a. If a public authority within a","Member State establishes an investment","platform or a national promotional bank","or institution that shares the objectives of","the EFSI, the EIB shall cooperate with","that body. This shall also apply to","investment platforms or national","promotional banks or institutions which","have already been established and share","the objectives of the EFSI.\u2019;"],"old":["",""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"383","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Sander Loones, Roberts Z\u012ble, Bernd K\u00f6lmel on behalf of the ECR Group","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-143","location":[[" Proposal for a regulation","Recital 9 a (new)"]],"meps":[128717,28615,124824],"meta":{"created":"2019-07-03T06:07:08"},"new":["(9 a) The fulfilment of the additionality","criteria is dependent upon region specific","economic conditions, as a project may be","additional in one region but not in","another. The Investment Committee,","therefore should take into account region","specific conditions when assessing","compliance with the additionality","criterion."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"143","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-144","location":[[" Proposal for a regulation","Recital 9 a (new)"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:08"},"new":["(9 a) The EFSI should neither","contradict the achievements of the","European Social Fund (ESF), the EU's","cohesion policy, especially the","achievements of the European Structural","and Investment Funds (ESIF), nor","contradict the goals of the Europe 2020","strategy."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"144","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Gabriel Mato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-384","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point d a (new)"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 4 a (new)"]],"meps":[96936],"meta":{"created":"2019-07-03T06:07:08"},"new":["(d a) in Article 9, a new paragraph 4a is","inserted:","'4a. 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The remuneration for risk-taking of","a portfolio shall be allocated amongst","contributors in proportion to their","respective share in the risk-taking. The EU","guarantee shall be eligible to provide either","first loss guarantees on a portfolio basis or","a full guarantee. The EU guarantee may be","granted on a pari passu basis with other","contributors. In the case of co-investment","in infrastructure projects, the EIB shall","be subordinate to the other investors in","respect of the portion of the investment","for which the EIB enjoys an EFSI","guarantee. The EIB\u2019s special activities","which are backed by the EFSI and take","the form of a guarantee may be offered on","more advantageous terms than is the case","for normal EIB or EIF guarantee","operations carried out on the basis of","market conditions and, if appropriate,","may be subordinated to other investors to","cover first loss portfolio instruments.\u2019"],"old":["","","2. 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The EU guarantee may be","granted on a pari passu basis with other","contributors."],"orig_lang":"fr","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"395","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Luigi Morgano, Christian Ehler, Pervenche Ber\u00e8s","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-156","location":[["Proposal for a regulation","Recital 10 a (new)"]],"meps":[124788,28226,1985],"meta":{"created":"2019-07-03T06:07:09"},"new":["(10 a) The EIB should address the lack","of EFSI funding to cultural and creative","industries by promoting the interaction","with Creative Europe and the Cultural","and Creative Sector Guarantee Facility,","in order to provide fit-for-purpose loans","for cultural and creative industries."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"156","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Pirkko Ruohonen-Lerner","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-396","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 7 \u2013 point b"],["Regulation (EU) No 2015/1017","Article 11 \u2013 paragraph 3"]],"meps":[132366],"meta":{"created":"2019-07-03T06:07:09"},"new":["3. 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Without prejudice to","paragraph 1, that limit may where","appropriate be adjusted by the Steering","Board."],"orig_lang":"es","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"397","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Neena Gill","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-158","meps":[4533],"meta":{"created":"2019-07-03T06:07:09"},"new":["(11) In order to reinforce the take-up of","the EFSI in all deprived regions in the EU,","the scope of the general objectives eligible","for EFSI support should be enlarged and","the communication efforts around EFSI","should be considerably strengthened."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"158","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-398","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 7 \u2013 point b"],[" Regulation (EU) No 2015/1017","Article 11 \u2013 paragraph 3"]],"meps":[124780],"meta":{"created":"2019-07-03T06:07:10"},"new":["3. Where the EIB provides funding or","guarantees to the EIF in order to conduct","EIB financing and investment operations,","the EU guarantee shall provide for a full","guarantee on such funding or guarantees","provided that an amount of at least EUR 4","000 000 000 of funding or guarantees is","provided by the EIB without coverage by","the EU guarantee, up to an initial limit of","EUR 6 500 000 000. That limit may where","appropriate be adjusted by the Steering","Board."],"old":["3. Where the EIB provides funding or","guarantees to the EIF in order to conduct","EIB financing and investment operations,","the EU guarantee shall provide for a full","guarantee on such funding or guarantees","provided that an amount of at least EUR 4","000 000 000 of funding or guarantees is","provided by the EIB without coverage by","","the EU guarantee, up to an initial limit of","EUR 6 500 000 000. 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The entry threshold in terms of","project size should also be adapted to local","markets, in order to ensure that small-","scale projects are not deterred from","applying for EFSI financing. The","Commission and the EIB should also","continue their local/national campaigns","to help explain and promote the benefits","of the Investment Plan."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"sl","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"160","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Ramon Tremosa i Balcells","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-399","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 7 \u2013 point b"],["Regulation (EU) No 2015/1017","Article 11 \u2013 paragraph 3"]],"meps":[97203],"meta":{"created":"2019-07-03T06:07:10"},"new":["3. Where the EIB provides funding or","guarantees to the EIF in order to conduct","EIB financing and investment operations,","the EU guarantee shall provide for a full","guarantee on such funding or guarantees","provided that an amount of at least EUR 4","000 000 000 of funding or guarantees is","provided by the EIB without coverage by","the EU guarantee, up to an initial limit of","EUR 6 500 000 000. Without prejudice to","paragraph 1, that limit may where","appropriate be adjusted by the Steering","Board up to 10 000 000 000."],"old":["3. Where the EIB provides funding or","guarantees to the EIF in order to conduct","EIB financing and investment operations,","the EU guarantee shall provide for a full","guarantee on such funding or guarantees","provided that an amount of at least EUR 4","000 000 000 of funding or guarantees is","provided by the EIB without coverage by","the EU guarantee, up to an initial limit of","EUR 6 500 000 000. 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In order to ensure that small-","scale projects are not penalized, NPBs","and institutions could facilitate their","financing also through investment","platforms development."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"162","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Ivana Maleti\u0107, Eva Maydell","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-163","location":[[" Proposal for a regulation","Recital 11"]],"meps":[119436,98341],"meta":{"created":"2019-07-03T06:07:10"},"new":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged and allow for additional","technical assistance to Member States","which have not been using funds","successfully, especially in the project","preparation phase."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"163","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-401","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 8"],[" Regulation (EU) No 2015/1017","Article 12"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:10"},"new":["deleted","paragraph 5 is replaced by the","Endowments to the guarantee","From 1 July 2018, if as a result of","After a call on the EU guarantee,","In the event that the EU guarantee"],"old":["(8) Article 12 is amended as follows:","(a)","following:","\u20185.","fund referred to under paragraph 2 shall","be used to reach an appropriate level","(target amount) to reflect the total EU","guarantee obligations. 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Endowments to the guarantee","fund provided for in point (c) of","paragraph (2) shall be used to restore the","EU guarantee up to its full amount.","10.","is fully restored up to an amount of EUR","26 000 000 000, any amount in the","guarantee fund in excess of the target","amount shall be paid to the general","budget of the Union as internal assigned","revenue in accordance with Article 21(4)","of Regulation (EU, Euratom) No","966/2012 for any budget lines which may","have been used as a source of","redeployment to the guarantee fund.;\u2019"],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"401","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-402","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 8"],["Regulation (EU) No 2015/1017","Article 12"]],"meps":[124780],"meta":{"created":"2019-07-03T06:07:10"},"new":["deleted","Endowments to the guarantee","From 1 July 2018, if as a result of","After a call on the EU guarantee,","Endowments to the guarantee","In the event that the EU guarantee"],"old":["(8) Article 12 is amended as follows:","(a) paragraph 5 is replaced by the","following:","\u20185.","fund referred to under paragraph 2 shall","be used to reach an appropriate level","(target amount) to reflect the total EU","guarantee obligations. 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assigned","revenue in accordance with Article 21(4)","of Regulation (EU, Euratom) No","966/2012 for any budget lines which may","have been used as a source of","redeployment to the guarantee fund.;\u2019"],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"402","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Eva Maydell, Ivana Maleti\u0107","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-164","location":[[" Proposal for a regulation","Recital 11"]],"meps":[98341,119436],"meta":{"created":"2019-07-03T06:07:10"},"new":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged and the minimum project","threshold should be adjusted for each","Member state to take into account the","differences in the size of the economies."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged.",""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"164","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Clare Moody","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-403","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 8 a (new)"],[" Regulation (EU) No 2015/1017","Article 13 \u2013 paragraph 3 a (new)"]],"meps":[124944],"meta":{"created":"2019-07-03T06:07:10"},"new":["(8 a) In Article 13 the following","paragraph is added:","\u2018The Commission shall bring forward a","proposed repayment schedule for EFSI","finances sourced from Regulation (EU)","No 1291/2013 and Regulation (EU) No","1316/2013, to be repaid into their","respective successor programmes under","the next multiannual financial","framework.\u2019"],"old":["",""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"403","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-404","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point i"],["Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 1 \u2013 subparagraph 1 \u2013 second sentence"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:10"},"new":["Such support shall include providing","targeted support on the use of technical","assistance for project structuring, on the","use of innovative financial instruments and","on the use of public-private partnerships,","and advice, as appropriate, on relevant","issues relating to Union law, taking into","account the specificities and needs of","Member States 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Moreover, EUR 1 145","797 000 of appropriations should be","transferred from the CEF financial","instruments to the grant part of the CEF in","order to facilitating blending with the EFSI","or to other relevant instruments, in","particular those dedicated to energy","efficiency.","_________________","4","Regulation (EU) No 1316/2013 of the","European Parliament and of the Council of","11 December 2013 establishing the","Connecting Europe Facility, amending","Regulation (EU) No 913/2010 and","repealing Regulations (EC) No 680/2007","and (EC) No 67/2010, OJ L 348, 12.2013,","p. 129."],"old":["(14) In order to partly finance the","contribution from the general budget of the","Union to the EU guarantee fund for the","additional investments to be made, a","transfer should be made from the available","envelope of the Connecting Europe Facility","(CEF), provided for in Regulation (EU) No","1316/2013 of the European Parliament and","of the Council4 . Moreover, EUR 1 145","797 000 of appropriations should be","transferred from the CEF financial","instruments to the grant part of the CEF","with a view to facilitating blending with the","EFSI or to other relevant instruments, in","particular those dedicated to energy","efficiency.","_________________","","","4","Regulation (EU) No 1316/2013 of the","European Parliament and of the Council of","11 December 2013 establishing the","Connecting Europe Facility, amending","Regulation (EU) No 913/2010 and","repealing Regulations (EC) No 680/2007","and (EC) No 67/2010, OJ L 348, 12.2013,","p. 129."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"187","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-188","location":[[" Proposal for a regulation","Recital 15"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:11"},"new":["deleted"],"old":["(15) On the basis of the experience","acquired with the investments supported","by the EFSI, the target amount of the","guarantee fund should be brought to 35 %","of the total EU guarantee obligations","ensuring an adequate level of protection."],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"188","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Andrea Cozzolino, Luigi Morgano, Simona Bonaf\u00e8","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-426","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point ii"],["Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point e"]],"meps":[96880,124788,124814],"meta":{"created":"2019-07-03T06:07:12"},"new":["(e) providing pro-active advisory","support on the establishment of investment","platforms;"],"old":["(e) providing pro-active support on the","establishment of investment platforms;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"426","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-189","location":[[" Proposal for a regulation","Recital 16"]],"meps":[124780],"meta":{"created":"2019-07-03T06:07:12"},"new":["(16) Experience so far with the SME","Window points to a sharp increase in","indirect financing of SMEs, through","highly opaque structures and speculative","investment funds geared towards","maximising short-term profits rather than","towards supporting the real economy and","the SMEs themselves."],"old":["(16) In line with the exceptional market","demand for SME financing under the","EFSI which is expected to continue, the","EFSI SME Window should be enhanced.","Particular attention should be paid to","social enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"189","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-427","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point iii"],[" Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point f"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:12"},"new":["(f) providing advice on the","combination of other sources of Union","funding under the prerequisite of EFSI","taking the highest risk taking tranche, as","well as informing about the respective","eligibility criteria to be respected for","project selection of these funds and","therefore by the project as a whole;"],"old":["(f) providing advice on the","combination of other sources of Union","funding (such as the European Structural","and Investment Funds, Horizon 2020 and","the Connecting Europe Facility) with the","EFSI;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"427","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Fabio De Masi, Paloma L\u00f3pez Bermejo, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-190","location":[["Proposal for a regulation","Recital 16"]],"meps":[124858,125047,96820],"meta":{"created":"2019-07-03T06:07:12"},"new":["(16) In line with the exceptional market","demand for SME financing under the EFSI,","the EFSI SME Window should be","enhanced with additional resources, as","well as the support capacities for SME of","the advisory hub. Particular attention","should be paid to social enterprises."],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to","social enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"190","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Ivana Maleti\u0107, Eva Maydell","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-428","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point iii"],[" Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point f"]],"meps":[119436,98341],"meta":{"created":"2019-07-03T06:07:12"},"new":["(f) providing advice on the","combination of other sources of Union","funding (such as the European Structural","and Investment Funds, Horizon 2020 and","the Connecting Europe Facility) with the","EFSI.; and solution of practical problems","in implementation of combining","financing sources which occur because of","different administrative requirements and","financing sources in different instruments"],"old":["(f) providing advice on the","combination of other sources of Union","funding (such as the European Structural","and Investment Funds, Horizon 2020 and","the Connecting Europe Facility) with the","EFSI.;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"428","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-191","location":[["Proposal for a regulation","Recital 16"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:12"},"new":["(16) Past experience of the SME","Window is disappointing. The SME","Window should be assigned more","resources and redesigned so as to support","the real economy. Moreover, particular","attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"old":["(16) In line with the exceptional market","demand for SME financing under the","EFSI which is expected to continue, the","EFSI SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"191","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Romana Tomc","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-192","location":[[" Proposal for a regulation","Recital 16"]],"meps":[125104],"meta":{"created":"2019-07-03T06:07:12"},"new":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments. The attractiveness of","investment in social services such as","education, training and healthcare should","be increased. More investment is also","needed in social inclusion."],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"sl","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"192","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Alfred Sant","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-193","location":[[" Proposal for a regulation","Recital 16"]],"meps":[124781],"meta":{"created":"2019-07-03T06:07:12"},"new":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments. Public subsidiaries which fit","the employee and profit ceilings","established by Commission","Recommendation 2003/361/EC should be","considered to be eligible to apply for","funding through the EFSI SME Window."],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"193","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Enrique Calvet Chambon","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-429","meps":[129407],"meta":{"created":"2019-07-03T06:07:12"},"new":["(f) providing advice on the","combination of other sources of Union","funding (such as the European Structural","and Investment Funds, Youth Guarantee","and Youth Employment Initiative,","Horizon 2020 and the Connecting Europe","Facility) with the EFSI in order to avoid","administrative burden.;"],"old":["(f) providing advice on the","combination of other sources of Union","funding (such as the European Structural","and Investment Funds, Horizon 2020 and","the Connecting Europe Facility) with the","EFSI.;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"429","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Neena Gill","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-194","location":[["Proposal for a regulation","Recital 16"]],"meps":[4533],"meta":{"created":"2019-07-03T06:07:12"},"new":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments,. as well as to support for a","stronger communication campaign in EU","regions around the potential added value","of EFSI for SME's."],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"194","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-195","location":[["Proposal for a regulation","Recital 16"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:12"},"new":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises and social services, including","through the development and deployment","of new instruments, adequate for the","sector's needs and specificities."],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"195","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-430","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 introductory part"],["Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point f a (new)"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:12"},"new":["(iii a) The following point (fa) is added:","(fa) EIAH services provided to projects","covered by targeted funding under Art.","9.2. shall also be free of charge."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"430","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Liadh N\u00ed Riada on behalf of the GUE/NGL Group","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-196","location":[[" Proposal for a regulation","Recital 16"]],"meps":[124987],"meta":{"created":"2019-07-03T06:07:12"},"new":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises and cooperatives, including","through the development, promotion and","deployment of new instruments, in","particular the EIF."],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"196","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Renato Soru","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-431","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point iii a (new)"],["Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point f a (new)"]],"meps":[124860],"meta":{"created":"2019-07-03T06:07:12"},"new":["iiia) The following point (fa) is added:","\"fa) mobilisation of communication","and promotion actions devised to make","potential beneficiaries more aware of the","EFSI\""],"old":[""],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"431","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Ramon Tremosa i Balcells, Sylvie Goulard, Nils Torvalds, Dominique Riquet","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-197","location":[[" Proposal for a regulation","Recital 16 a (new)"]],"meps":[97203,97137,114268,96885],"meta":{"created":"2019-07-03T06:07:12"},"new":["(16 a) Investment platforms participating","in EFSI shall be able to work in a cross-","border basis in order to increase their","efficiency and to reduce geographical","imbalances."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"197","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Othmar Karas","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-432","justification":" The European Investment Advisory Hub should also provide pro-active support to promote\n and encourage operations covered by Article 8 of this Regulation, considering that no cross-\n border operations involving non-EU countries were submitted to the Investment Committee so\n far.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point iii a (new)"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point f a (new)"]],"meps":[4246],"meta":{"created":"2019-07-03T06:07:12"},"new":["(iii a) The following point (fa) is added:","\u2018(fa) providing pro-active support to","promote and encourage cross-border","operations, covered by Article 8 of this","Regulation."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"432","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Ramon Tremosa i Balcells, Sylvie Goulard, Lieve Wierinck, Nils Torvalds, Dominique Riquet","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-198","location":[[" Proposal for a regulation","Recital 16 b (new)"]],"meps":[97203,97137,183022,114268,96885],"meta":{"created":"2019-07-03T06:07:12"},"new":["(16 b) In the framework of a partnership","between the Investment Committee and an","investment platform, a national","promotional bank or an institution, the","Investment Committee may at any time","supervise the project selection procedure","applied in order to guarantee the respect","of this Regulation."],"old":[""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"198","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Alfred Sant","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-433","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point c"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 5"]],"meps":[124781],"meta":{"created":"2019-07-03T06:07:12"},"new":["5. In order to achieve the objective","referred to in paragraph 1, to overcome any","barrier to investment identified during the","operations, and to facilitate the provision","of advisory support at local level, the","EIAH shall seek to use the expertise of the","EIB, the Commission, national","promotional banks or institutions, and the","managing authorities of the European","Structural and Investment Funds.;"],"old":["5. In order to achieve the objective","referred to in paragraph 1 and to facilitate","the provision of advisory support at local","","level, the EIAH shall seek to use the","expertise of the EIB, the Commission,","national promotional banks or institutions,","and the managing authorities of the","European Structural and Investment","Funds.;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"433","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Ramon Tremosa i Balcells, Lieve Wierinck, Nils Torvalds, Dominique Riquet","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-199","location":[["Proposal for a regulation","Recital 16 c (new)"]],"meps":[97203,183022,114268,96885],"meta":{"created":"2019-07-03T06:07:12"},"new":["(16 c) Simplification is needed in the","procedures for processing operations so","that the information which final","beneficiaries, especially SMEs are","required to provide is the minimum","necessary to ensure their success without","imposing an excessive bureaucratic","burden on SMEs."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"199","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Siegfried Mure\u015fan","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-434","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point c a (new)"],["Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 5 a (new)"]],"meps":[124802],"meta":{"created":"2019-07-03T06:07:12"},"new":["(c a) A new paragraph is inserted after","paragraph 5:","\u2018(5a) The EIAH shall make use of the","list referred to in Article 16(2a), in order","to assist, in a proactive manner and as","appropriate, possible project promoters in","further developing their proposals for","funding under EFSI.\u2019"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"434","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Simona Bonaf\u00e8","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-200","location":[["Proposal for a regulation","Recital 17"]],"meps":[124814],"meta":{"created":"2019-07-03T06:07:12"},"new":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017. The","EFSI logo should be prominently placed","in the financing agreement, particularly","in the case of SMEs, so as to increase the","visibility of the EFSI as a Union initiative."],"old":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"200","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-435","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point d"],["Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 6 \u2013 second sentence"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:12"},"new":["Cooperation between, on the one hand, the","EIAH and, on the other hand, a national","promotional bank or institution, an","international financing institution or an","institution or a managing authority,","including those acting as a national","advisor, having expertise relevant for the","purposes of the EIAH, may take the form","of a contractual partnership. In this","respect, the EIAH shall assess the","possibility to establish decentralised","regional clusters of technical assistance to","better meet the needs of a specific sector","and/or region. This assessment shall be","done with the involvement of Member","States and national promotional banks.","The EIAH shall in particular assess the","relevance of establishing such a","decentralised regional cluster to support","energy efficiency projects in South-","Eastern Europe."],"old":["Cooperation between, on the one hand, the","EIAH and, on the other hand, a national","promotional bank or institution or an","institution or a managing authority,","","including those acting as a national","advisor, having expertise relevant for the","purposes of the EIAH, may take the form","of a contractual partnership."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"435","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Alfred Sant","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-201","location":[[" Proposal for a regulation","Recital 17"]],"meps":[124781],"meta":{"created":"2019-07-03T06:07:12"},"new":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017. In this","regard, recognizes the role of Local and","Regional Authorities in identifying","strategic projects and encourages their","participation."],"old":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"201","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Andrea Cozzolino, Luigi Morgano, Simona Bonaf\u00e8","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-436","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point d"],[" Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 6 \u2013 second sentence"]],"meps":[96880,124788,124814],"meta":{"created":"2019-07-03T06:07:13"},"new":["Cooperation between, on the one hand, the","EIAH and, on the other hand, a national","promotional bank or institution, an","international financial institution or an","institution or a managing authority,","including those acting as a national","advisor, having expertise relevant for the","purposes of the EIAH, may take the form","of a contractual partnership. The EIAH","should aim to conclude at least one","cooperation agreement with a national","promotional bank or institution in each","Member State. In Member States where","such institutions do not exist, the EIAH","may provide, where appropriate, pro-","active advisory support on their","establishment;","To foster the take up of its services, the","EIAH and its partners should promote, in","a simple and clear way, the services and","expertise that they could mobilise in order","to better assist project promoters from the","private sector, in particular SMEs and","Mid-Caps."],"old":["Cooperation between, on the one hand, the","EIAH and, on the other hand, a national","promotional bank or institution, an","international financing institution or an","institution or a managing authority,","including those acting as a national","advisor, having expertise relevant for the","purposes of the EIAH, may take the form","of a contractual partnership.;",""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"436","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Liadh N\u00ed Riada on behalf of the GUE/NGL Group","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-202","location":[[" Proposal for a regulation","Recital 17"]],"meps":[124987],"meta":{"created":"2019-07-03T06:07:12"},"new":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, social enterprises and","cooperatives, are informed of the existence","of EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"old":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"202","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Lefteris Christoforou, Costas Mavrides, Neoklis Sylikiotis, Alfred Sant","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-437","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point d"],["Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 6 \u2013 second sentence"]],"meps":[26837,124691,124689,124781],"meta":{"created":"2019-07-03T06:07:13"},"new":["Cooperation between, on the one hand, the","EIAH and, on the other hand, a national","promotional bank or institution, an","international financing institution or an","institution or a managing authority,","including those acting as a national","advisor, having expertise relevant for the","purposes of the EIAH, may take the form","of a contractual partnership. The EIAH","shall make at least one cooperation","agreement with a national promotional","bank or any other institution per Member","State. In Member States where such an","institution does not exist, the EIAH shall","provide pro-active advisory support on its","establishment, when requested by the","Member State in question.;"],"old":["Cooperation between, on the one hand, the","EIAH and, on the other hand, a national","promotional bank or institution, an","international financing institution or an","institution or a managing authority,","including those acting as a national","advisor, having expertise relevant for the","purposes of the EIAH, may take the form","of a contractual partnership.;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"437","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Maria Spyraki, Eva Kaili","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-203","location":[["Proposal for a regulation","Recital 17"]],"meps":[125064,125109],"meta":{"created":"2019-07-03T06:07:12"},"new":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including start-","ups and SMEs, are informed of the","existence of EFSI support, so as to enhance","the visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"old":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"203","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-204","location":[["Proposal for a regulation","Recital 17 a (new)"]],"meps":[124780],"meta":{"created":"2019-07-03T06:07:12"},"new":["(17a) To make the EFSI transparent, the","EIB should publish all the information in","and results of impact assessments of the","operations conducted, and should also","explain the added value and additionality","of each individual project funded.","Similarly, the EIB must publish","disaggregated statistics on each project","funded, including EFSI lending through","financial intermediaries, giving ex-ante","and ex-post assessments of each project","with a detailed explanation of the","selection and assessment indicators and","criteria used. Finally, it is necessary to","publish objective data relating to jobs","directly and indirectly created through the","EFSI."],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"204","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Ramon Tremosa i Balcells, Sylvie Goulard, Lieve Wierinck, Nils Torvalds","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-438","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point d a (new)"]],"meps":[97203,97137,183022,114268],"meta":{"created":"2019-07-03T06:07:13"},"new":["(ii a) the following paragraph is inserted","after paragraph 6:","\u20186a. In order to actively ensure a wide","geographic outreach of the advisory","services across the Union and to","successfully leverage local knowledge","about the EFSI, the local presence of the","EIAH shall be established, where needed","and taking into account existing support","schemes, with a view to providing","tangible, pro-active, tailor-made","assistance on the ground.'."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"438","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Victor Negrescu","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-205","location":[[" Proposal for a regulation","Recital 17 a (new)"]],"meps":[88882],"meta":{"created":"2019-07-03T06:07:12"},"new":["(17a) The European Investment Bank","should not turn the interest rate on funds","granted in the form of loans into a","deterrent and burden for beneficiaries,","given the importance of allocating funds","to projects and zones with a high risk","factor; the European Investment Bank","should increase transparency regarding","the interest rate and commission charged","for EFSI projects across the European","Union, and ensure that these do not","become elements of discrimination","between different categories of","beneficiaries or between regions."],"orig_lang":"ro","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"205","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Lefteris Christoforou, Costas Mavrides","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-439","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point d a (new)"],[" Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 6 a (new)"]],"meps":[26837,124691],"meta":{"created":"2019-07-03T06:07:13"},"new":["(d a) the following paragraph is inserted","after paragraph 6:","\u20186a. Without prejudice to paragraph 6,","in order to facilitate a wider geographic","outreach of advisory services and to","support the local development of advisory","services, a local presence of the EIAH","shall be established in countries where","there are difficulties to develop projects in","particular under EFSI, as well as, in","topics such as the blending of EFSI","with existing funds, at Member States`","request and where necessary, and, the","development of investment platforms","including cooperation with third","countries.\u2019"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"439","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Burkhard Balz","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-440","justification":"A decentralised approach is more sustainable, also with respect to the EU budget.\nFurthermore, the principle of subsidiarity has to be taken into account.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point d a (new)"],["Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 6 a (new)"]],"meps":[96997],"meta":{"created":"2019-07-03T06:07:13"},"new":["(d a) the following paragraph is inserted","after paragraph 6:","\"6a. In order to successfully leverage","local knowledge about the EFSI, the","EFSI and EIAH shall promote a transfer","of knowledge to the regional and local","level and shall ensure the continuous","built-up of regional and local expertise.\""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"440","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Luigi Morgano","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-206","location":[[" Proposal for a regulation","Recital 17 a (new)"]],"meps":[124788],"meta":{"created":"2019-07-03T06:07:13"},"new":["(17 a) Industries in the cultural and","creative sector, because of their specific","nature - namely, the unlikeliness of","employment in this sector of being","offshored and their reliance on specific","cultural, often regional and historical","competences - can disseminate more and","better than other sectors information","about funding opportunities provided by","EFSI."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"206","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Jon\u00e1s Fern\u00e1ndez","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-441","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 a (new)"],["Regulation (EU) No 2015/1017","Article 14 a (new)"]],"meps":[125046],"meta":{"created":"2019-07-03T06:07:13"},"new":["(9 a) A new Article is inserted after","paragraph 14:","\u2018Article 14 a","Representation of national promotional","banks at the EIAH","All national promotional banks shall be","represented at the EIAH.\u2019"],"old":[""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"441","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Ramon Tremosa i Balcells, Dominique Riquet","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-207","location":[["Proposal for a regulation","Recital 17 a (new)"]],"meps":[97203,96885],"meta":{"created":"2019-07-03T06:07:13"},"new":["(17 a) Considers that the possibility","should be considered of extending EFSI","financing to other financial initiatives","launched by the Commission and","managed through the EIF as the Cultural","and Creative Sector Guarantee Facility","(CCS GF)."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"207","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Enrique Calvet Chambon","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-208","location":[["Proposal for a regulation","Recital 17 a (new)"]],"meps":[129407],"meta":{"created":"2019-07-03T06:07:13"},"new":["(17 a) Major information campaigns in","Member States must be put in place to","strengthen dialogue with national and","local authorities which would allow to","increase private investment and avoid","regional and sectorial concentration."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"208","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-442","justification":" Necessary to guarantee transparency and additionality.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 a (new)"],[" Regulation (EU) No 2015/1017","Article 16 \u2013 paragraph 2"]],"meps":[124780],"meta":{"created":"2019-07-03T06:07:13"},"new":["(9a) Article 16(2) is amended as","follows:","2. The EIB, in cooperation with the","EIF where appropriate, shall submit a six-","monthly report to the European Parliament","and to the Council on EIB financing and","investment operations covered by this","Regulation. The report shall be made","public and shall include:","a) an assessment of EIB financing and","investment operations at operation, sector,","country and regional levels, and their","compliance with this Regulation, in","particular with the criterion of providing","additionality, together with an assessment","of the allocation of EIB financing and","investment operations between the general","objectives set out in Article 9(2);","b) an assessment of the added value,","the mobilisation of private sector","resources, the estimated and actual outputs","and the outcomes and impact of EIB","financing and investment operations,","including the direct and indirect impact on","employment creation;","c) an assessment of the extent to","which operations covered by this","Regulation contribute to the achievement","of the general objectives set out in Article","9(2) including an assessment of the level of","EFSI investments in the areas of research,","development and innovation and transport","(including TEN-T and urban mobility),","telecommunications, energy infrastructure","and energy efficiency;","d) an assessment of the compliance","with the requirements concerning the use","of the EU guarantee and with the key","performance indicators referred to in","Article 4(2)(f)(iv);","e) an assessment of the leverage effect","achieved by EFSI-supported projects;","f) a description of the projects where","the support of the European Structural and","Investment Funds is combined with the","support of the EFSI, and the total amount","of the contributions from each source;","g) the financial amount transferred to","financial intermediaries and final","beneficiaries, analytical statistical data for","each funded project, including EFSI loan","transactions through financial","intermediaries and an assessment of EIB","financing and investment operations on an","aggregated basis;","ga) independent ex-ante and ex-post","assessments for each project, with a","detailed explanation of the indicators and","criteria used for selection and evaluation;","h) an assessment of the added value of","individual EIB financing and investment","operations, and of the aggregate risk","associated with those operations;","i) detailed information on calls on the","EU guarantee, losses, returns, amounts","recovered and any other payments","received;","j) the financial reports on EIB","financing and investment operations","covered by this Regulation audited by an","independent external auditor."],"old":["2. The EIB, in cooperation with the","EIF where appropriate, shall submit an","annual report to the European Parliament","and to the Council on EIB financing and","investment operations covered by this","Regulation. The report shall be made","public and shall include:","a) an assessment of EIB financing and","investment operations at operation, sector,","country and regional levels, and their","compliance with this Regulation, in","particular with the criterion of providing","additionality, together with an assessment","of the allocation of EIB financing and","investment operations between the general","objectives set out in Article 9(2);","b) an assessment of the added value,","the mobilisation of private sector","resources, the estimated and actual outputs","and the outcomes and impact of EIB","financing and investment operations on an","aggregated basis, including the impact on","employment creation;","c) an assessment of the extent to","which operations covered by this","Regulation contribute to the achievement","of the general objectives set out in Article","9(2) including an assessment of the level of","EFSI investments in the areas of research,","","development and innovation and transport","(including TEN-T and urban mobility),","telecommunications, energy infrastructure","and energy efficiency;","d) an assessment of the compliance","with the requirements concerning the use","of the EU guarantee and with the key","performance indicators referred to in","Article 4(2)(f)(iv);","e) an assessment of the leverage effect","achieved by EFSI-supported projects;","f) a description of the projects where","the support of the European Structural and","Investment Funds is combined with the","support of the EFSI, and the total amount","of the contributions from each source;","g) the financial amount transferred to","beneficiaries and an assessment of EIB","financing and investment operations on an","aggregated basis;","h) an assessment of the added value of","EIB financing and investment operations,","and of the aggregate risk associated with","those operations;","i) detailed information on calls on the","EU guarantee, losses, returns, amounts","recovered and any other payments","received;","j) the financial reports on EIB","financing and investment operations","covered by this Regulation audited by an","independent external auditor."],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"442","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-209","location":[["Proposal for a regulation","Recital 18"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:13"},"new":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is approved. The Investment","Committee should provide the scoreboard","of indicators of the operations rejected to","the Parliament, with the exclusion of","commercially sensitive information."],"old":["(18) With a view to enhancing the","transparency of EFSI operations, the","","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is signed."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"209","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-443","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 a (new)"],[" Regulation (EU) No 2015/1017","Article 16 \u2013 paragraph 2"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:13"},"new":["(9a) Article 16(2) is amended as","follows:","2. The EIB shall submit a six-monthly","report to the European Parliament on","approved investment operations. The","report shall subsequently be made public","and accessible:","The report shall include:","a) an assessment of EIB financing and","investment operations at sector, country","and regional levels and their compliance","with this Regulation, in particular in","regard to compliance with the","additionality criterion;","b) an assessment of the extent to","which operations covered by this","Regulation contribute to the achievement","of the EU\u2019s general objectives, including","an assessment of the level of EFSI","investments in the areas of research,","development and innovation, transport,","telecommunications, energy infrastructure","and energy efficiency;","c) an assessment of the real leverage","effect achieved by EFSI-supported","projects;","d) a description of the projects where","the support of the European Structural and","Investment Funds is combined with the","support of the EFSI, and the total amount","of the contributions from each source;","e) the financial amount transferred to","financial intermediaries and final","beneficiaries, analytical statistical data for","each funded project, including EFSI loan","transactions through financial","intermediaries and an assessment of EIB","financing and investment operations on a","disaggregated basis;","f) independent ex-ante and ex-post","assessments for each project, with a","detailed explanation of the indicators and","criteria used for selection and evaluation;","g) an assessment of the added value","of individual EIB financing and investment","operations, and of the aggregate risk","associated with those operations;","ga) the financial reports concerning","EIB financing and investment operations","covered by this Regulation audited by an","independent external auditor.","h) an assessment of the added value of","EIB financing and investment operations,","and of the aggregate risk associated with","those operations;","i) detailed information on calls on the","EU guarantee, losses, returns, amounts","recovered and any other payments","received;","j) the financial reports on EIB","financing and investment operations","covered by this Regulation audited by an","independent external auditor."],"old":["2. The EIB, in cooperation with the","EIF where appropriate, shall submit an","annual report to the European Parliament","and to the Council on EIB financing and","investment operations covered by this","Regulation. The report shall be made","public and shall include:","a) an assessment of EIB financing and","investment operations at operation, sector,","country and regional levels and their","compliance with this Regulation, in","particular with the criterion of providing","additionality, together with an assessment","of the allocation of EIB financing and","investment operations between the","general objectives set out in Article 9(2);","b) an assessment of the added value,","the mobilisation of private sector","resources, the estimated and actual","outputs and the outcomes and impact of","EIB financing and investment operations","on an aggregated basis, including the","impact on employment creation;","c) an assessment of the extent to","which operations covered by this","Regulation contribute to the achievement","","of the general objectives set out in Article","9(2) including an assessment of the level of","EFSI investments in the areas of research,","development and innovation and transport","(including TEN-T and urban mobility),","telecommunications, energy infrastructure","and energy efficiency;","d) an assessment of the compliance","with the requirements concerning the use","of the EU guarantee and with the key","performance indicators referred to in","Article 4(2)(f)(iv);","e) an assessment of the leverage effect","achieved by EFSI-supported projects;","f) a description of the projects where","the support of the European Structural and","Investment Funds is combined with the","support of the EFSI, and the total amount","of the contributions from each source;","g) the financial amount transferred to","beneficiaries and an assessment of EIB","financing and investment operations on an","aggregated basis;","h) an assessment of the added value of","EIB financing and investment operations,","and of the aggregate risk associated with","those operations;","i) detailed information on calls on the","EU guarantee, losses, returns, amounts","recovered and any other payments","received;","j) the financial reports on EIB","financing and investment operations","covered by this Regulation audited by an","independent external auditor."],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"443","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Fabio De Masi, Paloma L\u00f3pez Bermejo, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-210","location":[[" Proposal for a regulation","Recital 18"]],"meps":[124858,125047,96820],"meta":{"created":"2019-07-03T06:07:13"},"new":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is approved."],"old":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is signed."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"210","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-444","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 a (new)"],[" Regulation (EU) No 2015/1017","Article 16 \u2013 paragraph 2 \u2013 point c"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:13"},"new":["(9 a) Article 16 (2) c) is replaced by the","following:","\u2018(c) an assessment of the extent to","which operations covered by this","Regulation contribute to the achievement","of the general objectives set out in Article","9(2) including an assessment of the level of","EFSI investments in the areas of research,","development and innovation and transport","(including TEN -T and urban mobility),","telecommunications, energy infrastructure,","energy efficiency; and social","infrastructure, social services and social","and solidarity economy;\u2019"],"old":["(c) an assessment of the extent to","which operations covered by this","Regulation contribute to the achievement","of the general objectives set out in Article","9(2) including an assessment of the level of","EFSI investments in the areas of research,","development and innovation and transport","(including TEN-T and urban mobility),","telecommunications, energy infrastructure","and energy efficiency;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"444","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Victor Negrescu","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-211","location":[[" Proposal for a regulation","Recital 18"]],"meps":[88882],"meta":{"created":"2019-07-03T06:07:13"},"new":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is signed. There should be","greater transparency regarding the","scoring and assessment system for","projects, through publication of the","assessment reports and the criteria on the","basis of which a project has been","approved or rejected."],"old":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is signed."],"orig_lang":"ro","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"211","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-445","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 a (new)"],[" Regulation (EU) No 2015/1017","Article 16 \u2013 paragraph 2 \u2013 point f"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:13"},"new":["(9 b) article 16 (2) f) is replaced by the","following:","\u2018(f) a description of the projects where","the support of the European Structural and","Investment Funds is combined with the","support of the EFSI, the total amount of the","contributions from each source as well as","the risk profile of each one;\u2019"],"old":["(f) a description of the projects where","the support of the European Structural and","Investment Funds is combined with the","support of the EFSI, and the total amount","","of the contributions from each source;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"445","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-212","location":[["Proposal for a regulation","Recital 18 a (new)"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:13"},"new":["(18a) In order to overcome the almost","total lack of information and","disaggregated statistical data on the","projects financed thus far, in particular","with regard to the expected impact,","benefits and additionality of each","individual project, the EIB is asked to","publish all available information about,","and findings of, impact assessments for","operations carried out within the","framework of the EFSI. The EIB is also","called upon to provide a detailed","explanation of the added value and","additionality of each project financed and","of how each one contributes to the","achievement of EFSI objectives and the","fundamental long-term strategies and","objectives of the EU. In the same way, the","EIB should report on the results achieved","by the EFSI to gauge the real economic,","social and environmental impact, the real","added value and the additionality of the","projects financed, as well as the actual","capacity of the Fund to achieve the stated","objectives."],"old":[""],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"212","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Fabio De Masi, Paloma L\u00f3pez Bermejo, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-446","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 a (new)"],["Regulation (EU) No 2015/1017","Article 16 \u2013 paragraph 2 \u2013 point j a (new)"]],"meps":[124858,125047,96820],"meta":{"created":"2019-07-03T06:07:14"},"new":["(9 a) in Article 16(2) the following point","is added:","\u2018(ja) detailed information on the tax","payments resulting from its investment","and lending operations under the EFSI;\u2019"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"446","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Enrique Calvet Chambon","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-213","location":[[" Proposal for a regulation","Recital 18 a (new)"]],"meps":[129407],"meta":{"created":"2019-07-03T06:07:13"},"new":["(18 a) New figures and updates shall be","released regularly, including independent","assessments drawing on the experience","collected so far. Targets will be set in","terms of objectives relating to growth and","jobs."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"213","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Siegfried Mure\u015fan","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-447","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 a (new)"],["Regulation (EU) No 2015/1017","Article 16 \u2013 paragraph 2 a (new)"]],"meps":[124802],"meta":{"created":"2019-07-03T06:07:14"},"new":["(9 a) In Article 16, a new paragraph is","inserted after paragraph 2:","\u20182a The EIB shall submit every six","months to the European Parliament, the","Council, the Commission and the EIAH,","a list of all investment proposals","submitted for the use of the EU","guarantee, including those that are not","pre-selected for submission to the","Investment Committee, subject to strict","confidentiality requirements.\u2019"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"447","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Ramon Tremosa i Balcells, Sylvie Goulard, Lieve Wierinck, Nils Torvalds, Dominique Riquet","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-214","location":[[" Proposal for a regulation","Recital 18 a (new)"]],"meps":[97203,97137,183022,114268,96885],"meta":{"created":"2019-07-03T06:07:13"},"new":["(18 a) The annual country-by-country","reports of EFSI will include the exact","funding that every project has required."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"214","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-448","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 b (new)"],[" Regulation (EU) No 2015/1017","Article 16 \u2013 paragraph 16 a (new)"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:14"},"new":["(9 b) In Article 16, a new paragraph is","added:","\u201816a. The Commission shall submit an","annual report listing the details of all","projects per policy area that received EU","support through EFSI, the total amount","of the contribution of each source, as well","as the risk profiles.\u2019"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"448","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Tom Vandenkendelaere","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-215","location":[["Proposal for a regulation","Recital 19"]],"meps":[129164],"meta":{"created":"2019-07-03T06:07:13"},"new":["(19) The operations supported by the","EFSI should adhere to the Union's","principles of tax good governance and","should not involve financing or","investment operations through vehicles","located in jurisdictions not cooperating","with the Union as regards transparency,","exchange of information, anti-money","laundering and fair taxation."],"old":["(19) The operations supported by the","EFSI should adhere to the Union's","principles of tax good governance."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"215","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Sander Loones, Roberts Z\u012ble, Bernd K\u00f6lmel on behalf of the ECR Group","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-449","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10 \u2013 point -a (new)"],[" Regulation (EU) No 2015/1017","Article 18 \u2013 paragraph 3 \u2013 point a"]],"meps":[128717,28615,124824],"meta":{"created":"2019-07-03T06:07:14"},"new":["(-a) In paragraph 3, point (a) is","replaced by the following:","\u2018(a) the EIB shall publish a","comprehensive report on the functioning of","the EFSI, which shall include an evaluation","of the impact of the EFSI on investment in","the Union, employment creation and access","to financing for SMEs and mid-cap","companies and an evaluation of the","degree of additionality obtained at the","level of each Member State and each","region;\u2019"],"old":["(a) the EIB shall publish a","comprehensive report on the functioning of","the EFSI, which shall include an evaluation","of the impact of the EFSI on investment in","the Union, employment creation and access","to financing for SMEs and mid-cap","companies;",""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"449","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Jon\u00e1s Fern\u00e1ndez, Ram\u00f3n J\u00e1uregui Atondo","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-216","location":[["Proposal for a regulation","Recital 19"]],"meps":[125046,97078],"meta":{"created":"2019-07-03T06:07:13"},"new":["(19) The operations supported by the","EFSI should adhere to the Union's","principles of tax good governance, and","consequently the EIB may not use","accounts domiciled in non-cooperative","jurisdictions, or work with entities","operating in tax havens."],"old":["(19) The operations supported by the","EFSI should adhere to the Union's","principles of tax good governance."],"orig_lang":"es","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"216","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-450","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10"],["Regulation (EU) No 2015/1017","Article 18 \u2013 paragraph 6 to 8"]],"meps":[124780],"meta":{"created":"2019-07-03T06:07:14"},"new":["deleted","paragraphs 7 and 8 are deleted.;"],"old":["(10) Article 18 is amended as follows:","a) paragraph 6 is replaced by the","following:","\u20186. By 30 June 2018 and 30 June 2020,","the Commission shall submit to the","European Parliament and the Council a","report containing an independent","evaluation of the application of this","Regulation.';","b)"],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"450","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-217","location":[["Proposal for a regulation","Recital 19"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:13"},"new":["(19) The operations supported by the","EFSI should adhere to the Union's","principles of tax good governance and its","social acquis."],"old":["(19) The operations supported by the","EFSI should adhere to the Union's","principles of tax good governance."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"217","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Liadh N\u00ed Riada on behalf of the GUE/NGL Group","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-451","justification":" Recommendations of the European Court of Auditors Opinion n. 2/2016","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10 \u2013 point a"],["Regulation (EU) No 2015/1017","Article 18 \u2013 paragraph 6"]],"meps":[124987],"meta":{"created":"2019-07-03T06:07:14"},"new":["6. By 30 June 2018 and 30 June 2020,","the Commission shall submit to the","European Parliament and the Council a","report containing an independent","evaluation of the application of this","Regulation, containing in particular","information on existing financial","instruments, with targeted sectors and","beneficiaries; the mention of the overlaps","between the Union instruments and the","EFSI; the scope for reducing the","fragmentation of Union financial","instruments; detailed reporting on risk","management and on the contingent","liabilities for the Union budget;"],"old":["6. By 30 June 2018 and 30 June 2020,","the Commission shall submit to the","European Parliament and the Council a","report containing an independent","evaluation of the application of this","Regulation.;",""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"451","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Victor Negrescu","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-218","location":[[" Proposal for a regulation","Recital 19 a (new)"]],"meps":[88882],"meta":{"created":"2019-07-03T06:07:13"},"new":["(19a) All information material and","material forming part of the financing","procedure should be translated into all the","languages of the Member States, in order","to facilitate information and access at","local level."],"orig_lang":"ro","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"218","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Tam\u00e1s Deutsch","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-452","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10 \u2013 point a"],[" Regulation (EU) No 2015/1017","Article 18 \u2013 paragraph 6"]],"meps":[96826],"meta":{"created":"2019-07-03T06:07:14"},"new":["6. 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By 30 June 2018 and 30 June","2020, the Commission shall submit to the","European Parliament and the Council a","report containing an independent","evaluation of the application of this","Regulation."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"452","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Andrea Cozzolino, Luigi Morgano, Simona Bonaf\u00e8","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-453","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10 \u2013 point a a (new)"],["Regulation (EU) No 2015/1017","Article 18 \u2013 paragraph 6 a (new)"]],"meps":[96880,124788,124814],"meta":{"created":"2019-07-03T06:07:14"},"new":["(a a) the following paragraph is inserted","after paragraph 6:","'6a. 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It","should play an instrumental role in","empowering project promoters to initiate","and develop viable, sustainable and","quality projects. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States or regions, and projects that","contribute to achieving the objectives of","COP21. The EIAH should also contribute","actively to achieving the objective of","sectorial and geographical diversification","of the EFSI and proactively supporting the","EIB and other actors involved in","originating projects and launching","operations, as well as in initiating","demand, where needed. It should also","actively contribute to the establishment of","investment platforms and provide advice","on combining other sources of EU funding","with the EFSI. It is considered necessary","for the EIAH to establish a strong local","presence, where needed, to leverage local","knowledge about the EFSI and give better","consideration to local needs. The EIAH","should aim to conclude agreements with","national development banks or","institutions in each Member State. To","achieve those objectives, the staff capacity","of the EIAH should be commensurate to","the tasks that it is called upon to","undertake."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build","upon existing advisory services of the EIB","","and the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of","other sources of Union funding with the","EFSI."],"orig_lang":"fr","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"219","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Tam\u00e1s Deutsch","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-454","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10 \u2013 point b"],["Regulation (EU) No 2015/1017","Article 18 \u2013 paragraph 7"]],"meps":[96826],"meta":{"created":"2019-07-03T06:07:14"},"new":["(b) paragraph 7 is replaced by the","following:","\u2018By 31 December 2019, the Commission","shall submit to the European Parliament","and the Council a report containing an","independent evaluation of the application","of this Regulation as regards:","(a) whether the EFSI is achieving its","objectives in particular concerning the","additionality of projects and its impact on","growth and employment;","(b) whether maintaining the scheme","for supporting investment is still","warranted or if a smooth termination of","the EFSI, while preserving the EU","guarantee for the operations already","approved under this Regulation, (...) is to","be ensured.'"],"old":["(b) paragraphs 7 and 8 are deleted.",""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"454","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Andrea Cozzolino, Luigi Morgano, Simona Bonaf\u00e8","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-220","location":[["Proposal for a regulation","Recital 21"]],"meps":[96880,124788,124814],"meta":{"created":"2019-07-03T06:07:13"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on contributing","actively where possible towards sectorial","and geographic diversification of the","EFSI and support the EIB where needed","in originating projects. In Member States","with difficulties in developing projects in","particular under the EFSI, the EIAH","should establish a local presence. In order","to ensure a broad coverage, EIAH should","aim to conclude at least one cooperation","agreement with a national promotional","bank or institution per Member State.","These objectives should be","complementary and not preclude one","another. Furthermore, EIAH should pay","particular attention to supporting the","preparation of projects involving two or","more Member States or regions and","projects that contribute to achieving the","objectives of COP21. It should also","actively contribute to the establishment of","investment platforms and provide advice","on the combination of other sources of","Union funding with the EFSI. In carrying","out its work, the EIAH should continue to","ensure complementarity of its services."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build","upon existing advisory services of the EIB","and the Commission, so to act as a single","","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support","the EIB where needed in originating","projects. It should also actively contribute","to the establishment of investment","platforms and provide advice on the","combination of other sources of Union","funding with the EFSI."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"220","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Tam\u00e1s Deutsch","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-455","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10 \u2013 point b"],[" Regulation (EU) No 2015/1017","Article 18 \u2013 paragraph 8"]],"meps":[96826],"meta":{"created":"2019-07-03T06:07:14"},"new":["(b) paragraph 8 is deleted.;"],"old":["(b) paragraphs 7 and 8 are deleted.;"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"455","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Sander Loones, Roberts Z\u012ble, Bernd K\u00f6lmel on behalf of the ECR Group","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-221","location":[[" Proposal for a regulation","Recital 21"]],"meps":[128717,28615,124824],"meta":{"created":"2019-07-03T06:07:13"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and","should make efforts to contribute actively","where possible towards sectorial and","geographic diversification of the EFSI","and support the EIB where needed in","originating projects. It should pay","particular attention to supporting the","preparation of projects involving two or","more Member States and projects that","contribute to achieving the objectives of","COP21 It should also actively contribute to","the establishment of investment platforms","and provide advice on the combination of","other sources of Union funding with the","EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build","upon existing advisory services of the EIB","and the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support","the EIB where needed in originating","projects. It should also actively contribute","","to the establishment of investment","platforms and provide advice on the","combination of other sources of Union","funding with the EFSI."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"221","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-456","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 11"],[" Regulation (EU) No 2015/1017","Article 19 \u2013 paragraph 1 a (new)"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:14"},"new":["The projects selected for potential use of","the EFSI guarantee shall also be notified","as such on the EIB website before the","Investment Committee's decision.","The EIB and EIF shall inform or shall","oblige financial intermediaries to inform","the final beneficiaries, including SMEs, of","the existence of EFSI support.","Financial intermediaries shall carry out","active communication campaigns to","potential beneficiaries of the existing EU","resources managed by them, the","conditions offered and how can they","access to them."],"old":["The EIB and EIF shall inform or shall","oblige financial intermediaries to inform","the final beneficiaries, including SMEs, of","the existence of EFSI support.","",""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"456","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Simona Bonaf\u00e8","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-457","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 11"],["Regulation (EU) No 2015/1017","Article 19 \u2013 paragraph 1 a (new)"]],"meps":[124814],"meta":{"created":"2019-07-03T06:07:14"},"new":["The EIB and EIF shall inform or shall","oblige financial intermediaries to inform","the final beneficiaries of the existence of","EFSI support and to place the EFSI logo","in a prominent place on the financing","agreement, particularly in the case of","SMEs, on every contract that includes","EFSI support, thereby increasing","recipients\u2019 awareness and expanding the","EFSI\u2019s visibility."],"old":["The EIB and EIF shall inform or shall","oblige financial intermediaries to inform","the final beneficiaries, including SMEs, of","the existence of EFSI support.;"],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"457","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Ramon Tremosa i Balcells, Sylvie Goulard, Nils Torvalds","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-222","location":[["Proposal for a regulation","Recital 21"]],"meps":[97203,97137,114268],"meta":{"created":"2019-07-03T06:07:13"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should address any shortcomings","in the implementation of the EFSI. It","should play an instrumental role in","empowering project promoters to initiate","and develop viable, sustainable and","quality projects. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States or regions and projects that","contribute to achieving the objectives of","COP21. The EIAH should also contribute","actively to the objective of sectorial and","geographical diversification of the EFSI","and proactively support the EIB in","originating projects and launching","operations. The EIAH activities should be","complementary to the existing structures","and overlaps to the services in the","Member States should be avoided. It","should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI. It","is considered necessary for the EIAH to","establish a strong local presence, where","needed, to leverage local knowledge about","the EFSI and better consider local needs.","The EIAH should aim to conclude","agreements with national and regional","promotional banks or institutions in each","Member State. To achieve those","objectives, the staff capacity of the EIAH","should be commensurate to the tasks that","it is called upon to undertake."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build","upon existing advisory services of the EIB","and the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support","the EIB where needed in originating","projects. It should also actively contribute","to the establishment of investment","platforms and provide advice on the","combination of other sources of Union","funding with the EFSI.",""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"222","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Ramon Tremosa i Balcells, Lieve Wierinck, Dominique Riquet","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-458","justification":" The objective is to prevent the bank from reserving these \u201cpreferential\u201d lines of finance for\n their best clients and not promoting them among the other potential beneficiaries. The role of\n national promotional banks (NPBs) may also be key to providing guarantees to all SMEs.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 11"],["Regulation (EU) No 2015/1017","Article 19 \u2013 paragraph 1 a (new)"]],"meps":[97203,183022,96885],"meta":{"created":"2019-07-03T06:07:14"},"new":["The EIB and EIF shall inform or shall","oblige financial intermediaries to inform","the final beneficiaries, including SMEs, of","the existence of EFSI support. Similarly,","financial intermediaries will be required","to launch active dissemination campaigns","among potential beneficiaries of the lines","of finance that they manage and which","are supported by the EFSI, as well as","their conditions and the form of access to","them."],"old":["The EIB and EIF shall inform or shall","oblige financial intermediaries to inform","the final beneficiaries, including SMEs, of","the existence of EFSI support.",""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"458","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-223","location":[[" Proposal for a regulation","Recital 21"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:14"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced through","increased accessibility and transparency,","and its activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects providing genuine additionality,","involving two or more Member States and","projects that contribute to achieving the","objectives of COP21, and the Europe 2020","strategy, including tackling poverty and","social exclusion. Notwithstanding its","objective to build upon existing advisory","services of the EIB and the Commission,","so to act as a single technical advisory hub","for project financing within the Union, the","EIAH should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating and","eventually aggregating projects., for","example in the area of energy efficiency.","It should also actively contribute to the","establishment of investment platforms,","including sectorial ones and provide","advice on the combination of other sources","of Union funding with the EFSI, as well as","informing about the respective eligibility","criteria to be respected by these funds. An","extension of guidance on how to create an","investment platform, the different forms it","can adopt, theoretical models of operation","without any prejudice to keep the","necessary flexibility would be appropriate."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI.",""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"223","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Ivana Maleti\u0107, Eva Maydell","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-459","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 11"],[" Regulation (EU) No 2015/1017","Article 19 \u2013 paragraph 1 a (new)"]],"meps":[119436,98341],"meta":{"created":"2019-07-03T06:07:14"},"new":["The EIB and EIF shall inform or shall","oblige financial intermediaries to inform","the final beneficiaries, including SMEs, of","the existence of EFSI support; and publish","explanations as to why selected projects","were supported on their website."],"old":["The EIB and EIF shall inform or shall","oblige financial intermediaries to inform","the final beneficiaries, including SMEs, of","the existence of EFSI support."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"459","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Maria Spyraki, Eva Kaili","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-224","location":[["Proposal for a regulation","Recital 21"]],"meps":[125064,125109],"meta":{"created":"2019-07-03T06:07:14"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects","by strengthening its local presence in","countries with limited capacity but with","high investment potential. It should also","actively collaborate with established","National Promotional Banks, work with","the Commission in order to facilitate","Member States in the establishment of","NPBs, contribute to the establishment of","sectoral or regional investment platforms","and provide advice on the combination of","other sources of Union funding with the","EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"224","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Victor Negrescu","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-225","location":[[" Proposal for a regulation","Recital 21"]],"meps":[88882],"meta":{"created":"2019-07-03T06:07:14"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects","and take into account the specificities of","Member States such as maturity of","financial markets, the limited experience","in the use of complex financial","instruments, specific obstacles related to","the development and implementation of","projects. It should also actively contribute","to the establishment of investment","platforms and provide advice on the","combination of other sources of Union","funding with the EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"225","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-460","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 12"],[" Regulation (EU) No 2015/1017","Article 22 \u2013 paragraph 1 \u2013 subparagraph 2"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:14"},"new":["In particular the EIB and the EIF shall not","participate in any financing or investment","operation through a vehicle located in a","non-cooperative jurisdiction,","characterised in particular by no, or only","nominal, or low taxes, a lack of effective","automatic exchange of information in tax","matters, a lack of transparency in","legislative, judicial or administrative","provisions and providing harmful tax","measures as defined by the Code of","Conduct on Business taxation or,","identified by the Organisation for","Economic Cooperation and Development","as being a non-cooperative jurisdiction or,","identified as high risk countries pursuant","to article 9 paragraph 2 of DIRECTIVE","(EU) 2015/849 or, included in the","common EU list of non-cooperative tax","jurisdictions."],"old":["In particular the EIB and the EIF shall not","participate in any financing or investment","","operation through a vehicle located in a","jurisdiction that does not co-operate with","the Union in relation to the application of","the internationally agreed tax standards","on transparency and exchange of","information."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"460","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Alfred Sant","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-226","location":[[" Proposal for a regulation","Recital 21"]],"meps":[124781],"meta":{"created":"2019-07-03T06:07:14"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements in EU Member States and","regions which have not yet adequately","benefitted from EFSI. It should pay","particular attention to supporting the","preparation of projects involving two or","more Member States and projects that","contribute to achieving the objectives of","COP21. Notwithstanding its objective to","build upon existing advisory services of the","EIB and the Commission, so to act as a","single technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should strengthen its cooperation with","Local and Regional Authorities, actively","contribute to the establishment of","investment platforms in regions with low","investment capacity and provide advice on","the combination of other sources of Union","funding with the EFSI, with a focus on","SMEs."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"226","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Fabio De Masi, Paloma L\u00f3pez Bermejo, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-461","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 12"],["Regulation (EU) No 2015/1017","Article 22 \u2013 paragraph 1 \u2013 subparagraph 2"]],"meps":[124858,125047,96820],"meta":{"created":"2019-07-03T06:07:14"},"new":["In particular the EIB and the EIF shall not","participate in any financing or investment","operation through a vehicle located in","jurisdictions whose legal framework or","administrative practices facilitate or","tolerate tax evasion, tax avoidance or","money laundering. In this context, the","EIB's and the EIF's policy towards","weakly regulated or non-cooperative","jurisdictions shall be based on policies of","the Union, the Organisation for Economic","Co-operation and Development or the","Financial Action Task Force and go","beyond those recommendations if","necessary to detect further risks of tax","evasion, tax avoidance and money","laundering."],"old":["In particular the EIB and the EIF shall not","participate in any financing or investment","operation through a vehicle located in a","jurisdiction that does not co-operate with","the Union in relation to the application of","the internationally agreed tax standards","on transparency and exchange of","information.",""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"461","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Eva Maydell, Ivana Maleti\u0107","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-227","location":[["Proposal for a regulation","Recital 21"]],"meps":[98341,119436],"meta":{"created":"2019-07-03T06:07:14"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements and support the submission","of high quality EFSI project proposals. It","should pay particular attention to","supporting the preparation of projects","involving two or more Member States and","projects that contribute to achieving the","objectives of COP21. Notwithstanding its","objective to build upon existing advisory","services of the EIB and the Commission,","so to act as a single technical advisory hub","for project financing within the Union, the","EIAH should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI, enhancing its","capacity building role in Member states,","and support the EIB in originating projects,","especially with a focus on member states","with less developed financial markets. It","should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"227","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Herbert Dorfmann, Ramon Tremosa i Balcells","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-228","location":[[" Proposal for a regulation","Recital 21"]],"meps":[96787,97203],"meta":{"created":"2019-07-03T06:07:14"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States, two or more regions or a cross-","border macro-region, and projects that","contribute to achieving the objectives of","COP21. Notwithstanding its objective to","build upon existing advisory services of the","EIB and the Commission, so to act as a","single technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"de","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"228","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Andrea Cozzolino, Luigi Morgano, Simona Bonaf\u00e8","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-462","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 12"],[" Regulation 2015/1017","Article 22 \u2013 paragraph 1 \u2013 subparagraph 2"]],"meps":[96880,124788,124814],"meta":{"created":"2019-07-03T06:07:15"},"new":["In particular the EIB and the EIF shall not","participate in any financing or investment","operation through a vehicle located in a","jurisdiction that does not co-operate with","the Union in relation to the application of","the internationally agreed tax standards","and Union law on transparency, automatic","exchange of information or internationally","agreed rules on anti-money laundering or","fight against terrorism financing."],"old":["In particular the EIB and the EIF shall not","participate in any financing or investment","operation through a vehicle located in a","jurisdiction that does not co-operate with","the Union in relation to the application of","the internationally agreed tax standards on","transparency and exchange of information."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"462","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Enrique Calvet Chambon","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-229","location":[["Proposal for a regulation","Recital 21"]],"meps":[129407],"meta":{"created":"2019-07-03T06:07:14"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States or areas and projects that contribute","to achieving the objectives of COP21 and","of Europe 2020 Strategy. Notwithstanding","its objective to build upon existing","advisory services of the EIB and the","Commission, so to act as a single technical","advisory hub for project financing within","the Union, the EIAH should also contribute","actively to the objective of sectorial and","geographical diversification of the EFSI","and support the EIB where needed in","originating projects. It should also actively","contribute to the establishment of","investment platforms and provide advice","on the combination of other sources of","Union funding with the EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"229","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Lefteris Christoforou, Costas Mavrides, Neoklis Sylikiotis, Alfred Sant","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-463","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 12"],[" Regulation (EU) No 2015/1017","Article 22 \u2013 paragraph 1 \u2013 subparagraph 3"]],"meps":[26837,124691,124689,124781],"meta":{"created":"2019-07-03T06:07:15"},"new":["In their financing and investment","operations covered by this Regulation, the","EIB and the EIF shall not make use of or","engage in tax avoidance structures, in","particular aggressive tax planning schemes,","or practices not complying with EU tax","good governance principles, as set out in","the Union legislation."],"old":["In their financing and investment","operations covered by this Regulation, the","EIB and the EIF shall not make use of or","engage in tax avoidance structures, in","particular aggressive tax planning schemes,","or practices not complying with EU tax","good governance principles, as set out in","the Union legislation, including","","Commission recommendations and","communications."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"463","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Siegfried Mure\u015fan","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-230","location":[[" Proposal for a regulation","Recital 21 a (new)"]],"meps":[124802],"meta":{"created":"2019-07-03T06:07:14"},"new":["(21 a) In order to address market failures","and gaps, to stimulate adequate additional","investments, and to promote the","geographic and regional balance of","EFSI-backed operations, an integrated","and streamlined approach to the aim of","promoting growth, jobs and investments is","necessary.","The Steering Board should set out","guidelines which foresee that:","- if appropriate, EFSI should take a","junior position versus other investors, and","the pricing of the guarantee should be","modulated including blending where","necessary to enable projects in order to","maximize leverage of funds and to take","into account local market conditions;","- the pricing policy for equity-type","operations taking into account that","pricing levels should, if appropriate,","remain behind market prices significantly,","without, however, jeopardizing","significantly the revenues of the EU","budget. According to the principle of","subsidiarity, a higher pricing can be","agreed where the private or public","investors plan to bring in sufficient equity","risk taking money."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"230","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Neena Gill","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-464","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 12"],["Regulation (EU) No 2015/1017","Article 22 \u2013 paragraph 1 \u2013 subparagraph 3 a (new)"]],"meps":[4533],"meta":{"created":"2019-07-03T06:07:15"},"new":["The EIB and the EIF shall in particular","not participate in any financing or","investment operation where the beneficial","owner or bank account holder remain","unidentified."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"464","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Gabriel Mato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-231","location":[[" Proposal for a regulation","Recital 21 a (new)"]],"meps":[96936],"meta":{"created":"2019-07-03T06:07:14"},"new":["(21 a) In order to address market failures","and gaps, to stimulate adequate additional","investments, and to promote the","geographic and regional balance of","EFSI-backed operations, an integrated","and streamlined approach to the aim of","promoting growth, jobs and investments is","necessary.","The Steering Board should set out","guidelines which foresee that:","- as a general rule and unless duly","justified, EFSI should take a junior","position versus other investors, and the","pricing of the guarantee should be","modulated including blending where","necessary to enable projects in order to","maximize leverage of funds and to take","into account local market conditions;","- the pricing policy for equity-type","operations taking into account that","pricing levels shall remain behind market","prices significantly. According to the","principle of subsidiarity, a higher pricing","can be agreed where the private or public","investors plan to bring in sufficient equity","risk taking money."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"231","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Clare Moody","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-232","location":[["Proposal for a regulation","Recital 21 a (new)"]],"meps":[124944],"meta":{"created":"2019-07-03T06:07:14"},"new":["(21 a) The Commission should identify","alternative sources of financing for any","future extension of EFSI beyond the","current multiannual financial framework,","and no further funding should be diverted","from Regulation (EU) No 1291/2013, in","view of the challenges posed to Europe's","position as a global leader in science,","research and discovery."],"old":[""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"232","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Lefteris Christoforou, Costas Mavrides, Neoklis Sylikiotis","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-465","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 12"],["Regulation (EU) No 2015/1017","Article 22 \u2013 paragraph 1 \u2013 subparagraph 4"]],"meps":[26837,124691,124689],"meta":{"created":"2019-07-03T06:07:15"},"new":["delete"],"old":["The Commission shall provide detailed","guidance, where needed."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"465","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Victor Negrescu","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-233","location":[[" Proposal for a regulation","Recital 21 a (new)"]],"meps":[88882],"meta":{"created":"2019-07-03T06:07:14"},"new":["(21a) Increased funding should be","provided to enable the Advisory Hub to set","up offices and advisory services in all","Member States for the purpose of","ensuring greater access, gaining an","understanding of the specific situation at","national and regional level and improving","information and communication on the","EFSI."],"orig_lang":"ro","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"233","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-466","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 12"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:15"},"new":["The Commission shall provide detailed","guidance fully taking into account the","obligations set out in this article."],"old":["The Commission shall provide detailed","guidance, where needed."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"466","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Udo Bullmann, Roberto Gualtieri","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-234","location":[[" Proposal for a regulation","Recital 21 a (new)"]],"meps":[4267,96892],"meta":{"created":"2019-07-03T06:07:15"},"new":["(21 a) To promote the investment goals of","this Regulation, blending with existing","funds should be systematically enabled in","order to provide adequate","concessionalities in the financing terms","and conditions, including the pricing, of","EFSI operations."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"234","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Fabio De Masi, Paloma L\u00f3pez Bermejo, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-467","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 12 a (new)"],[" Regulation (EU) No 2015/1017","Article 22 \u2013 paragraph 2"]],"meps":[124858,125047,96820],"meta":{"created":"2019-07-03T06:07:15"},"new":["(12 a) paragraph 2 is replaced by:","\u20182. In its financing and investment","operations covered by this Regulation, the","EIB and the EIF shall apply the principles","and standards set out in Union law on the","prevention of the use of the financial","system for the purpose of money","laundering and terrorist financing and in","particular in Regulation (EU) 2015/847 of","the European Parliament and of the","Council (18) and Directive (EU) 2015/849","of the European Parliament and of the","Council (19). In particular, the EIB and the","EIF shall make both direct funding and","funding via intermediaries under this","Regulation contingent upon the disclosure","of beneficial ownership information in","accordance with Directive (EU) 2015/849","and country-by-country reporting data","equivalent to the provisions for credit","institutions in Directive (EU) 2013/36","(CRD IV) .\u2019"],"old":["2. In its financing and investment","operations covered by this Regulation, the","EIB shall apply the principles and","standards set out in Union law on the","prevention of the use of the financial","system for the purpose of money","laundering and terrorist financing and in","particular in Regulation (EU) 2015/847 of","the European Parliament and of the","Council (18) and Directive (EU) 2015/849","of the European Parliament and of the","Council (19). In particular, the EIB shall","make both direct funding and funding via","intermediaries under this Regulation","contingent upon the disclosure of","beneficial ownership information in","accordance with Directive (EU) 2015/849."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"467","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Bas Eickhout, Jordi Sol\u00e9","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-235","location":[["Proposal for a regulation","Recital 21 a (new)"]],"meps":[96725,185974],"meta":{"created":"2019-07-03T06:07:15"},"new":["(21 a) The European Fund for Strategic","Investments should be enhanced through","the inclusion of a gender perspective as a","successful process of recovery is not","possible without addressing the impact of","the crises on women1a.","_________________","1aEP INI on poverty: a gender","perspective, 2015/2228(INI); EP INI on","EU funds for gender equality","2016/2144(INI)"],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"235","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Sylvie Goulard, Ramon Tremosa i Balcells, Lieve Wierinck, G\u00e9rard Deprez, Nils Torvalds, Dominique Riquet, Louis Michel","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-468","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 11 a (new)"],["Regulation (EU) No 2015/1017","Article 21 \u2013 paragraph 2 \u2013 subparagraph 1"]],"meps":[97137,97203,183022,1473,114268,96885,96670],"meta":{"created":"2019-07-03T06:07:15"},"new":["(11 a) In Article 21, the first","subparagraph of paragraph 2 is replaced","by the following:","\u20182. OLAF may carry out investigations,","including on-the-spot checks and","inspections, in accordance with the","provisions and procedures laid down in","Regulation (EU, Euratom) No 883/2013 of","the European Parliament and of the","Council (1), Council Regulation (Euratom,","EC) No 2185/96 (2) and Council","Regulation (EC, Euratom) No 2988/95 (3)","in order to protect the financial interests of","the Union, with a view to establishing","whether there has been fraud, corruption,","money laundering or any other illegal","activity affecting the financial interests of","the Union in connection with any financing","and investment operations covered by this","Regulation. OLAF may transmit any","information obtained in the course of its","investigations to the competent authorities","of the Member States concerned. The","competent authorities shall follow up on","the information transmitted, unless not","compatible with the national legal","framework.\u2019"],"old":["2. OLAF may carry out investigations,","including on-the-spot checks and","inspections, in accordance with the","provisions and procedures laid down in","Regulation (EU, Euratom) No 883/2013 of","the European Parliament and of the","Council ( 1 ), Council Regulation","(Euratom, EC) No 2185/96 ( 2 ) and","Council Regulation (EC, Euratom) No","2988/95 ( 3 ) in order to protect the","financial interests of the Union, with a","view to establishing whether there has been","fraud, corruption, money laundering or any","other illegal activity affecting the financial","interests of the Union in connection with","any financing and investment operations","covered by this Regulation. OLAF may","transmit any information obtained in the","course of its investigations to the","competent authorities of the Member States","concerned."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"468","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Sylvie Goulard, Ramon Tremosa i Balcells, Lieve Wierinck, Dominique Riquet","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-236","location":[["Proposal for a regulation","Recital 21 a (new)"]],"meps":[97137,97203,183022,96885],"meta":{"created":"2019-07-03T06:07:15"},"new":["(21 a) Blending with existing funds, in","order to promote the investment goals of","this Regulation, should be encouraged as","it would enable providing adequate","concessionalities in the financing terms","and conditions."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"236","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Bas Eickhout, Jordi Sol\u00e9","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-469","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 12 a (new) Regulation (EU) No 2015/1017"]],"meps":[96725,185974],"meta":{"created":"2019-07-03T06:07:15"},"new":["(12 a) In Article 22, a new paragraph 2a","is added:","\u2018The EIB shall put in place procedures to","detect when an intermediary or final","recipient of EFSI funds has infringed the","legislation referred to in the first","subparagraph and to recover the EFSI","funds from them.\u2019"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"469","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Enrique Calvet 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is added:","\u2018Article 22a","Gender Mainstreaming","EFSI investments shall promote gender","equality and the selected projects shall","respect the principles of gender","budgeting, notably identifying objectives","linked to gender equality, designing","policies according to these objectives,","allocating of funds and ensuring the","identification of gender indicators to","measure the impact of these investments.\u2019"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"470","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Victor Negrescu","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-238","location":[[" Proposal for a regulation","Recital 21 a (new)"]],"meps":[88882],"meta":{"created":"2019-07-03T06:07:15"},"new":["(21 a) The definition of the powers and","responsibilities of the European Platform","for advice on investments, Steering","Committee and Investment Committee","should be further clarified."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"238","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jon\u00e1s Fern\u00e1ndez","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-239","location":[[" Proposal for a regulation","Recital 21 a (new)"]],"meps":[125046],"meta":{"created":"2019-07-03T06:07:15"},"new":["(21a) Both the opportunities offered by","the EFSI and its results should be","publicised via radio, television, the","internet, press and billboards."],"orig_lang":"es","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"239","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-471","meps":[124780],"meta":{"created":"2019-07-03T06:07:15"},"new":["deleted"],"old":["(13) in Article 23(2), the first and","second sentences of the first","subparagraph are replaced by the","following","\u2018The power to adopt delegated acts referred","to in Article 7(13) and (14) shall be","conferred on the Commission for a period","of five years from 4 July 2015. The","Commission shall draw up a report in","respect of the delegation of power not later","than nine months before the end of the","five-year period."],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"471","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Jon\u00e1s Fern\u00e1ndez","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-240","location":[["Proposal for a regulation","Recital 21 a (new)"]],"meps":[125046],"meta":{"created":"2019-07-03T06:07:15"},"new":["(21 a) An even higher risk profile should","be accepted for research, development","and innovation projects."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"240","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-472","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 13"],["Regulation (EU) No 2015/1017","Article 23 \u2013 paragraph 2 \u2013 subparagraph 1 \u2013 first and second sentence"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:16"},"new":["deleted"],"old":["(13) in Article 23(2), the first and","second sentences of the first","subparagraph are replaced by the","following","\u2018The power to adopt delegated acts referred","to in Article 7(13) and (14) shall be","conferred on the Commission for a period","of five years from 4 July 2015. 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That amount shall be","distributed as follows:","(a)","000, of which EUR 11 305 500 000 shall","be transferred from the Cohesion Fund to","be spent in line with this Regulation","exclusively in Member States eligible for","funding from the Cohesion Fund;","(b) telecommunications sector: EUR 1","091 602 000;","(c)","These amounts are without prejudice to","the application of the flexibility","mechanism provided for under Council","Regulation (EU, Euratom) No","1311/2013(*).","________________","(*) Council Regulation (EU, Euratom) No","1311/2013 of 2 December 2013 laying","down the multiannual financial","framework for the years 2014-20 (OJ L","347, 20.12.2013, p. 884)..\u2019"],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"480","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-249","location":[[" Proposal for a 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Pietik\u00e4inen","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-482","location":[[" Proposal for a regulation","Annex II \u2013 point 1 \u2013 point a"],[" Regulation (EU) No 2015/1017","Annex II \u2013 section 2 \u2013 point b \u2013 subparagraph 1 a (new)"]],"meps":[40599],"meta":{"created":"2019-07-03T06:07:16"},"new":["EFSI support to motorways shall be","avoided, unless it is needed to support","private investment in cross-border","transport projects among cohesion","countries.","EFSI support to airport infrastructure","shall be avoided, except for projects","complying with Article 3 (e) of the","regulation 1301/2013 on reduction of","negative environmental impact;","EFSI support to fossil fuel projects shall","be avoided;","EFSI support shall be granted only to","projects that help support innovative","models of circular economy, energy","efficiency, renewable energy solutions,","and/or the transformation towards","resource efficiency."],"old":["EFSI support to motorways shall be","avoided, unless it is needed to support","private investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country.",""],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"482","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Ramon Tremosa i Balcells","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-483","location":[["Proposal for a regulation","Annex II \u2013 point 1 \u2013 point a"],["Regulation (EU) No 2015/1017","Annex II \u2013 section 2 \u2013 point b \u2013 subparagraph 1 a (new)"]],"meps":[97203],"meta":{"created":"2019-07-03T06:07:16"},"new":["EFSI support to motorways shall be","avoided, unless it is needed to support","private investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country; EFSI support for high speed","trains shall also be avoided except in","cases where there is a clear and positive","outcome of cost-benefit analysis with","European standards."],"old":["EFSI support to motorways shall be","avoided, unless it is needed to support","private investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"483","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Jon\u00e1s Fern\u00e1ndez","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-251","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point -1 a (new)"],[" Regulation (EU) No 2015/1017","Article 1 b (new)"]],"meps":[125046],"meta":{"created":"2019-07-03T06:07:16"},"new":["(-1a) The following Article 1b is","inserted:","\u2018Article 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operations.\u2019"],"orig_lang":"xm","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"252","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jos\u00e9 Manuel Fernandes","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-485","location":[[" Proposal for a regulation","Annex II \u2013 point 1 \u2013 point a"],[" Regulation (EU) No 2015/1017","Annex II \u2013 section 2 \u2013 point b \u2013 subparagraph 1 a (new)"]],"meps":[96899],"meta":{"created":"2019-07-03T06:07:17"},"new":["EFSI support to motorways shall be","avoided, unless it is needed to support","private investment in transport in cohesion","countries, including through the","establishment of direct road connections","to ports and business parks, or in cross-","border transport projects involving at least","one cohesion country."],"old":["EFSI support to motorways shall be","avoided, unless it is needed to support","private investment in 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In order to avoid","geographical concentration, Investment","Committee shall encourage cooperation","with cross-border investment platforms."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"492","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Nils Torvalds, Sylvie Goulard, Ramon Tremosa i Balcells, Anneli J\u00e4\u00e4tteenm\u00e4ki, G\u00e9rard Deprez, Louis Michel, Dominique Riquet","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-259","justification":"The European Parliament should not appoint a member to the Steering Board.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 1 \u2013 point a a (new)"],["Regulation (EU) No 2017/1017","Article 4 \u2013 paragraph 2 \u2013 point b \u2013 point iii"]],"meps":[114268,97137,97203,28314,1473,96670,96885],"meta":{"created":"2019-07-03T06:07:16"},"new":["(a a) in point (b), point (iii) is replaced","by 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In particular,","operations should only be eligible for","EFSI support if they address clearly","identified market failures and do not","crowd out other funding. Operations in","infrastructure under the Infrastructure","and Innovation Window linking two or","more Member States, including e-","infrastructure, may meet these criteria,","provided that they show considerable","anticipated social returns and would not","be carried out without EFSI funding.\u2019"],"old":["\u2018For the purposes of this Regulation,","'additionality' means the support by the","EFSI of operations which address market","failures or sub-optimal investment","situations and which could not have been","carried out in the period during which the","EU guarantee can be used, or not to the","same extent, by the EIB, the EIF or under","existing Union financial instruments","without EFSI support. \u2018Projects supported","by the EFSI shall typically have a higher","risk profile than projects supported by","EIB normal operations and the EFSI","","portfolio shall have overall a higher risk","profile than the portfolio of investments","supported by the EIB under its normal","investment policies before the entry into","force of this Regulation."],"orig_lang":"fi","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"263","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Ramon Tremosa i Balcells, Sylvie Goulard, Lieve Wierinck, Nils Torvalds, Dominique Riquet","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-496","location":[["Proposal for a regulation","Annex II \u2013 point 3"],["Regulation (EU) No 2015/1017","Annex II \u2013 section 5 \u2013 paragraph 1 a (new)"]],"meps":[97203,97137,183022,114268,96885],"meta":{"created":"2019-07-03T06:07:17"},"new":["The scoreboard shall be made public as","soon as an operation under the EU","guarantee is signed, with the exclusion of","commercially sensitive information; a","compilation of the scoreboard results","shall be presented to MEPs in an annual","basis."],"old":["The scoreboard shall be made public as","soon as an operation under the EU","guarantee is signed, with the exclusion of","commercially sensitive information."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"496","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Siegfried Mure\u015fan","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-264","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 1 a (new)"],[" Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 2"]],"meps":[124802],"meta":{"created":"2019-07-03T06:07:17"},"new":["(1 a) In Article 5(1), the second","subparagraph is replaced by the following","\u2018The projects supported by the EFSI shall","be considered to provide additionality if","they carry a risk corresponding to EIB","special activities, as defined in Article 16","of the EIB Statute and by the credit risk","policy guidelines of the EIB, and if they","comply with the additionality criterion,","with the criteria set out in Articles 6 and 9","of this Regulation, as well as with the","objectives of the Europe 2020 strategy, the","EU acquis and policies relating to","sustainable development and","environmental protection.","The projects supported by the EFSI","corresponding to EIB special activities","that are carried out in Member States","eligible for funding under the Cohesion","Fund are considered to provide","additionality and no further requirements","shall apply.\u2019;"],"old":["The projects supported by the EFSI, while","striving to create employment and","sustainable growth, shall be considered to","provide additionality if they carry a risk","corresponding to EIB special activities, as","defined in Article 16 of the EIB Statute and","by the credit risk policy guidelines of the","EIB."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"264","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-497","location":[["Proposal for a regulation","Annex II \u2013 point 3"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:17"},"new":["The scoreboard shall be made public as","soon as an operation under the EU","guarantee is signed."],"old":["The scoreboard shall be made public as","soon as an operation under the EU","guarantee is signed, with the exclusion of","commercially sensitive information."],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"497","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-498","location":[[" Proposal for a regulation","Annex II \u2013 point 4 \u2013 point a \u2013 point i"],[" Regulation (UE) 2015/1017","Annex II \u2013 section 6 \u2013 point b \u2013 indent 1"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:18"},"new":["For debt-type operations, the EIB or the","EIF shall carry out its standard risk","assessment, involving the computation of","the probability of default and the recovery","rate. Based on these parameters, the EIB or","the EIF shall quantify the risk for each","operation. This assessment shall then","made public and accessible."],"old":["For debt-type operations, the EIB or the","EIF shall carry out its standard risk","assessment, involving the computation of","the probability of default and the recovery","rate. Based on these parameters, the EIB or","the EIF shall quantify the risk for each","operation.;"],"orig_lang":"it","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"498","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":"Pervenche Ber\u00e8s","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-265","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 1 a (new)"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 2"]],"meps":[1985],"meta":{"created":"2019-07-03T06:07:17"},"new":["(1 a) In Article 5(1), the second","subparagraph is replaced by the","following:","\u2018The projects supported by the EFSI shall","be considered to provide additionality if","they carry a risk corresponding to EIB","special activities, as defined in Article 16","of the EIB Statute and by the credit risk","policy guidelines of the EIB, and if they","comply with the additionality criterion,","with the criteria set out in Articles 6 and 9","of this Regulation, with the EU 2030","climate and energy framework and with","the UN 2030 Agenda for Sustainable","Development, in priority by closely","monitoring the strong commitment to","keep global temperature rise this century","well below 2 degrees Celsius as laid out in","the COP21 Paris agreement.\u2019"],"old":["The projects supported by the EFSI, while","striving to create employment and","sustainable growth, shall be considered to","provide additionality if they carry a risk","corresponding to EIB special activities, as","defined in Article 16 of the EIB Statute and","by the credit risk policy guidelines of the","EIB."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"265","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Tom Vandenkendelaere","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-266","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 1 a (new)"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1\u2013 subparagraph 2"]],"meps":[129164],"meta":{"created":"2019-07-03T06:07:17"},"new":["(1 a) in Article 5(1), the second","subparagraph is replaced by the following","\u2018The fact that projects carry a risk","corresponding to EIB special activities, as","defined in Article 16 of the EIB Statute and","by the credit risk policy guidelines of the","EIB, shall be deemed a strong indication","of additionality, while not exempting the","Investment Committee from the obligation","to determine and document that these","operations address market failures or sub-","optimal investment situations and could","not have been carried out in the period","during which the EU guarantee can be","used, or not to the same extent, by the","EIB, the EIF or under existing Union","financial instruments without EFSI","support.\u2019"],"old":["","The projects supported by the EFSI, while","striving to create employment and","sustainable growth, shall be considered to","provide additionality if they carry a risk","corresponding to EIB special activities, as","defined in Article 16 of the EIB Statute and","by the credit risk policy guidelines of the","EIB."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"266","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.738-499","location":[[" Proposal for a regulation","Annex II \u2013 point 6 \u2013 point c a (new)"],[" Regulation 2015/1017","Annex II \u2013 section 8 \u2013 point b"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:18"},"new":["(c a) in section 8, point b, the first","paragraph is replaced by the following:","\u2018EFSI supported operations shall not be","concentrated in any specific territory at the","end of the investment period. To this end","the Steering Board shall adopt and ensure","the effective implementation of indicative","geographical diversification and","concentration guidelines. The Steering","Board may decide to modify these","indicative limits, after consulting the","Investment Committee. The Steering Board","shall explain its decisions relating to the","indicative limits to the European","Parliament and the Council in writing. The","EFSI shall aim to cover all Member","States.\u2019"],"old":["EFSI-supported operations shall not be","concentrated in any specific territory at the","","end of the initial investment period. To this","end the Steering Board shall adopt","indicative geographical diversification and","concentration guidelines. The Steering","Board may decide to modify these","indicative limits, after consulting the","Investment Committee. The Steering Board","shall explain its decisions relating to the","indicative limits to the European","Parliament and the Council in writing. The","EFSI should aim to cover all Member","States."],"orig_lang":"en","peid":"PE602.738v01-00","reference":"2016/0276(COD)","seq":"499","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602738_EN.pdf"},{"authors":" Nils Torvalds, Sylvie Goulard, Ramon Tremosa i Balcells, Lieve Wierinck, Anneli J\u00e4\u00e4tteenm\u00e4ki, G\u00e9rard Deprez, Dominique Riquet, Louis Michel","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-267","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 1 a (new)"],[" Regulation (EU) No 2015/117","Article 5 \u2013 paragraph 1 \u2013 subparagraph 2"]],"meps":[114268,97137,97203,183022,28314,1473,96885,96670],"meta":{"created":"2019-07-03T06:07:17"},"new":["(1 a) In Article 5(1), the second","subparagraph is replaced by the","following:","\u2018The projects supported by the EFSI shall","be considered to provide additionality if","they carry a risk corresponding to EIB","special activities, as defined in Article 16","of the EIB Statute and by the credit risk","policy guidelines of the EIB, and if they","comply with the additionality criterion,","with the criteria set out in Articles 6 and 9","of this Regulation.\u2019"],"old":["The projects supported by the EFSI, while","striving to create employment and","sustainable growth, shall be considered to","provide additionality if they carry a risk","corresponding to EIB special activities, as","defined in Article 16 of the EIB Statute and","by the credit risk policy guidelines of the","EIB."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"267","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Pirkko Ruohonen-Lerner","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-268","justification":"Changing the sense of words in an EU context from what they [usually] mean is misleading,\nwhether deliberate or not.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 1 b (new)"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 2"]],"meps":[132366],"meta":{"created":"2019-07-03T06:07:17"},"new":["1b) In Article 5(1) subparagraph 2","shall be replaced by the following:","\u2018The projects supported by the EFSI, while","striving to create employment and","sustainable growth, shall be considered to","provide additionality if the projects would","not be carried out without EFSI","funding.\u2019;"],"old":["The projects supported by the EFSI, while","striving to create employment and","sustainable growth, shall be considered to","provide additionality if they carry a risk","corresponding to EIB special activities, as","defined in Article 16 of the EIB Statute","and by the credit risk policy guidelines of","the EIB."],"orig_lang":"fi","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"268","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Marco Zanni","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-269","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 3"]],"meps":[124780],"meta":{"created":"2019-07-03T06:07:17"},"new":["deleted"],"old":["(2) in Article 5(1) the third","subparagraph is replaced by the","following:","'To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","","typically have features such as","subordination, participation in risk-","sharing instruments, cross-border","characteristics, exposure to specific risks","or other identifiable aspects as further","described in Annex II.","EIB projects carrying a risk lower than","the minimum risk under EIB special","activities may also be supported by the","EFSI if the use of the EU guarantee is","required to ensure additionality as defined","in the first subparagraph of this","paragraph.","The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality.';"],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"269","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Marco Valli, Rosa D'Amato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-270","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 3"]],"meps":[124778,124835],"meta":{"created":"2019-07-03T06:07:17"},"new":["deleted"],"old":["(2) in Article 5(1) the third","subparagraph is replaced by the","following:","'To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-","sharing instruments, cross-border","characteristics, exposure to specific risks","or other identifiable aspects as further","","","described in Annex II.","EIB projects carrying a risk lower than","the minimum risk under EIB special","activities may also be supported by the","EFSI if the use of the EU guarantee is","required to ensure additionality as defined","in the first subparagraph of this","paragraph.","The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality.';"],"orig_lang":"it","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"270","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Maria Spyraki, Eva Kaili","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-271","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 3"]],"meps":[125064,125109],"meta":{"created":"2019-07-03T06:07:18"},"new":["To better address economic and financial","inefficiencies, including market failures or","sub-optimal investment situations,","discrepancies in the investment capacity","of the Member States as reflected in","diverse risk premiums, leveraging","frictions or weak investment multipliers,","and including also complicated","multinational and cross border projects,","and lack of risk-taking, especially in","research, innovation, new technologies as","well as in new and traditional","infrastructures, EIB's special activities","supported by the EFSI shall typically have","features such as subordination,","participation in risk-sharing instruments, as","well as first-loss guarantee schemes only","when combined with EU and/or national","budgetary resources, cross-border","characteristics, exposure to specific risks or","other identifiable aspects as further","described in Annex II."],"old":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-sharing","instruments, cross-border characteristics,","exposure to specific risks or other","identifiable aspects as further described in","Annex II.",""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"271","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Siegfried Mure\u015fan","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-272","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) No 2015/2017","Article 5 \u2013 paragraph 1\u2013 subparagraph 3"]],"meps":[124802],"meta":{"created":"2019-07-03T06:07:18"},"new":["To better address market failures or sub-","optimal investment situations, thereby","ensuring complementarity and thus","avoiding crowding out vis-\u00e0-vis","participants in the same market, EIB","special activities supported by the EFSI","shall, if appropriate, have the feature of","subordination, and take a junior position","vis-\u00e0-vis other investors, in order to ensure","additionality."],"old":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-","sharing instruments, cross-border","characteristics, exposure to specific risks","or other identifiable aspects as further","described in Annex II."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"272","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Andrea Cozzolino, Luigi Morgano, Simona Bonaf\u00e8","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-273","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 3"]],"meps":[96880,124788,124814],"meta":{"created":"2019-07-03T06:07:18"},"new":["To better address market failures or sub-","optimal investment situations, thereby","ensuring complementarity and thus","avoiding crowding out vis-\u00e0-vis","participants in the same market, EIB","special activities supported by the EFSI","shall as a general rule have the feature of","subordination, participation in risk-sharing","instruments, cross-border characteristics,","exposure to specific risks or other","identifiable aspects, and possibly take a","junior position vis-\u00e0-vis other investors, in","order to ensure additionality."],"old":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-sharing","","instruments, cross-border characteristics,","exposure to specific risks or other","identifiable aspects as further described in","Annex II."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"273","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Sylvie Goulard, Lieve Wierinck, G\u00e9rard Deprez, Nils Torvalds, Dominique Riquet, Louis Michel","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-274","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 3"]],"meps":[97137,183022,1473,114268,96885,96670],"meta":{"created":"2019-07-03T06:07:18"},"new":["To better address market failures or sub-","optimal investment situations, whereby","ensuring complementarity and thus","avoiding crowding out vis-a-vis","participants in the same market, EIB","special activities supported by the EFSI","shall typically have features such as","subordination, participation in risk-sharing","instruments, cross-border characteristics,","exposure to specific risks or other","identifiable aspects as further described in","Annex II in order to ensure additionality."],"old":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-sharing","instruments, cross-border characteristics,","exposure to specific risks or other","identifiable aspects as further described in","Annex II."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"274","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Jon\u00e1s Fern\u00e1ndez","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-275","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 3"]],"meps":[125046],"meta":{"created":"2019-07-03T06:07:18"},"new":["To better address market failures, sub-","optimal investment situations and delays in","the mobilisation of private capital, EIB","special activities supported by the EFSI","shall typically have features such as","subordination, participation in risk-sharing","instruments, cross-border characteristics,","exposure to specific risks or other","identifiable aspects as further described in","Annex II."],"old":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-sharing","instruments, cross-border characteristics,","exposure to specific risks or other","identifiable aspects as further described in","Annex II."],"orig_lang":"es","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"275","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Pirkko Ruohonen-Lerner","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-276","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 3"]],"meps":[132366],"meta":{"created":"2019-07-03T06:07:18"},"new":["\u2018To better address market failures or sub-","optimal investment situations, thereby","ensuring additionality and avoiding","crowding out other participants in the","same market, EIB special activities","supported by the EFSI shall typically","feature considerable anticipated social","returns, combined with non-completion of","the project in the absence of EFSI","funding.\u2019"],"old":["\u2018To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-","sharing instruments, cross-border","characteristics, exposure to specific risks","or other identifiable aspects as further","described in Annex II."],"orig_lang":"fi","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"276","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Burkhard Balz","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-277","justification":"The feature of subordination has many aspects such as the ranking in the case of default or\nthe priority of payment. Making subordination a rule is not suitable for all project\nrequirements as it might imply higher risk and financing costs for the borrower and would not\nreflect market demand.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) No 2015/2017","Article 5 \u2013 paragraph 1\u2013 subparagraph 3"]],"meps":[96997],"meta":{"created":"2019-07-03T06:07:18"},"new":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-sharing","instruments, cross-border characteristics,","exposure to specific risks or other","identifiable aspects as further described in","Annex II, in order to ensure additionality."],"old":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-sharing","instruments, cross-border characteristics,","exposure to specific risks or other","identifiable aspects as further described in","Annex II."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"277","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Ramon Tremosa i Balcells, Dominique Riquet","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-278","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) No 2015/2017","Article 5 \u2013 paragraph 1\u2013 subparagraph 3"]],"meps":[97203,96885],"meta":{"created":"2019-07-03T06:07:18"},"new":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-sharing","instruments, cross-border characteristics,","European added value, exposure to","specific risks or other identifiable aspects","as further described in Annex II."],"old":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-sharing","instruments, cross-border characteristics,","exposure to specific risks or other","identifiable aspects as further described in","Annex II."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"278","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Alfred Sant, Costas Mavrides","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-279","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) No 2015/2017","Article 5 \u2013 paragraph 1\u2013 subparagraph 3"]],"meps":[124781,124691],"meta":{"created":"2019-07-03T06:07:18"},"new":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-sharing","instruments, cross-border or peripheral","characteristics, exposure to specific risks or","other identifiable aspects as further","described in Annex II."],"old":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-sharing","instruments, cross-border characteristics,","exposure to specific risks or other","identifiable aspects as further described in","Annex II."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"279","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Pervenche Ber\u00e8s, Christian Ehler","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-280","justification":"The EFSI should help SMEs to overcome capital shortages and typically target projects with\na higher risk profile than projects supported by EIB normal operations; CCIs have been listed\nas a priority, yet until May 2016 no funding had been granted for projects in the CCIs which\nmainly consist of SMEs with a higher degree of risk. Therefore calls on the EIB to address the\nlack of EFSI funding to CCIs by investigating interaction with Creative Europe and the\nGuarantee Facility in order to provide fit-for-purpose loans for CCIs.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 4"]],"meps":[1985,28226],"meta":{"created":"2019-07-03T06:07:18"},"new":["EIB projects carrying a risk lower than the","minimum risk under EIB special activities","may also be supported by the EFSI if the","use of the EU guarantee is required to","ensure additionality as defined in the first","subparagraph of this paragraph. In order to","better reach sectors where the demand for","financing cannot be sufficiently met by","the private market and where the nature","and size of operations and loan","requirements do not make it possible to","access funding through classic EIB","activities, EFSI shall also support sector-","specific financial mechanisms, in","particular for Cultural and Creative","Industries (CCIs), provided for under","Union frame-work programmes such as","the Guarantee Facility within the Creative","Europe Programme through the provision","of guarantees for topping-up and front-","loading of these mechanisms."],"old":["EIB projects carrying a risk lower than the","minimum risk under EIB special activities","may also be supported by the EFSI if the","use of the EU guarantee is required to","ensure additionality as defined in the first","subparagraph of this paragraph.",""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"280","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Andrea Cozzolino, Luigi Morgano, Simona Bonaf\u00e8","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-281","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 5"]],"meps":[96880,124788,124814],"meta":{"created":"2019-07-03T06:07:18"},"new":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States, including e-","infrastructure, as well as the extension of","infrastructure and services associated with","such infrastructures, shall as a rule also","be considered to provide additionality."],"old":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"281","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Isabelle Thomas, Jean-Paul Denanot","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-282","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 5"]],"meps":[114279,94282],"meta":{"created":"2019-07-03T06:07:19"},"new":["Projects supported by the EFSI that consist","of physical infrastructure linking two or","more Member States or of the extension of","physical infrastructure or services linked to","physical infrastructure from one Member","State to one or more Member States shall","also be considered to provide additionality","if they directly concern at least one of the","less-developed regions or transition","regions listed, respectively, in Annex I","and Annex II to Commission","Implementing Decision 2014/99/EU1a.","_________________","1a Commission Implementing Decision No","2014/99/EU of 18 February 2014 setting","out the list of regions eligible for funding","from the European Regional","Development Fund and the European","Social Fund and of Member States","eligible for funding from the Cohesion","Fund for the period 2014-2020, OJ L 50,","20.2.2014, p. 22."],"old":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality."],"orig_lang":"fr","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"282","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Ramon Tremosa i Balcells, Dominique Riquet","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-283","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 5"]],"meps":[97203,96885],"meta":{"created":"2019-07-03T06:07:19"},"new":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality and should be","prioritized in cases like TEN-T and TEN-","E where the EU has already selected them","as high priority infrastructure projects","with European added value."],"old":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality.",""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"283","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Isabelle Thomas, Jean-Paul Denanot","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-284","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 5"]],"meps":[114279,94282],"meta":{"created":"2019-07-03T06:07:19"},"new":["Projects supported by the EFSI that consist","of physical infrastructure linking two or","more Member States or of the extension of","physical infrastructure or services linked to","physical infrastructure from one Member","State to one or more Member States shall","also be considered to provide additionality","provided they do not undermine the","commitments made in the context of the","COP21 climate agreement by the","European Union and by the Member","States involved in the project."],"old":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality."],"orig_lang":"fr","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"284","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Pirkko Ruohonen-Lerner","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-285","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 5"]],"meps":[132366],"meta":{"created":"2019-07-03T06:07:19"},"new":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality, if they show","considerable anticipated social returns,","combined with non-completion of the","project in the absence of EFSI funding."],"old":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","","from one Member State to one or more","Member States, shall also be considered to","provide additionality.';"],"orig_lang":"fi","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"285","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Luigi Morgano","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-286","justification":" In the digital age, infrastructure can be physical, non-physical or intangible, and this should\n be reflected in the regulation.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 5"]],"meps":[124788],"meta":{"created":"2019-07-03T06:07:19"},"new":["The projects supported by the EFSI that","consist of physical, non-physical or","intangible infrastructure linking two or","more Member States or of the extension of","physical, non-physical or intangible","infrastructure or services linked to","physical, non-physical or intangible","infrastructure from one Member State to","one or more Member States, shall also be","considered to provide additionality.;"],"old":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality.;"],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"286","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Alfred Sant, Costas Mavrides","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-287","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 5"]],"meps":[124781,124691],"meta":{"created":"2019-07-03T06:07:19"},"new":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, as well as those in","peripheral islands of the EU, shall also be","considered to provide additionality."],"old":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"287","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Fabio De Masi, Paloma L\u00f3pez Bermejo, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-288","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 5"]],"meps":[124858,125047,96820],"meta":{"created":"2019-07-03T06:07:19"},"new":["Public projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality."],"old":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"288","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Eva Maydell, Ivana Maleti\u0107, Othmar Karas","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-289","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2 a (new)"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 a (new)"]],"meps":[98341,119436,4246],"meta":{"created":"2019-07-03T06:07:19"},"new":["(2 a) in Article 5 the following","paragraph 1a is added:","\u20181a. An EIB financing operation that is","co-financing projects or platforms","combined with other EU funds (including","ESI Funds) should be, by definition,","EFSI eligible and considered","\"additional\".\u2019;"],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"289","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-290","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2 a (new)"],[" 2015/1017","Article 5 \u2013 paragraph 2 \u2013 subparagraph 2"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:19"},"new":["(2 a) in Article 5(2), the second","subparagraph is deleted."],"old":["Where the risk level so requires, EIB","special activities shall be more broadly","used under this Regulation than before","the entry into force thereof. This shall in","particular apply with respect to those","Member States where EIB special","activities have not been used or have been","used only exceptionally before the entry","into force of this Regulation, in order to","allow for the implementation of additional","operations and projects, as well as","additional financing by the EIB and","national promotional banks or institutions","or investment platforms."],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"290","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Siegfried Mure\u015fan","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-291","meps":[124802],"meta":{"created":"2019-07-03T06:07:19"},"new":["(2 a) the following paragraph is added:","\u20182a. Furthermore, in line with the","pricing policies, the Steering Board shall","set out guidelines which foresee that:","- if appropriate, EFSI shall take a","junior position versus other investors, and","the pricing of the guarantee shall be","modulated including blending where","necessary to enable projects in order to","maximize leverage of funds and to take","into account local market conditions;","- the pricing policy for equity-type","operations taking into account that","pricing levels shall, if appropriate, remain","behind market prices significantly.","According to the principle of subsidiarity,","a higher pricing can be agreed where the","private or public investors plan to bring in","sufficient equity risk taking money;\u2019;"],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"291","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Udo Bullmann, Roberto Gualtieri","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-292","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2 a (new)"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 2 a (new)"]],"meps":[4267,96892],"meta":{"created":"2019-07-03T06:07:19"},"new":["(2 a) the following paragraph is added:","'Furthermore, in line with the pricing","policies, the Steering Board shall set out","guidelines which foresee that:","- as a general rule, EFSI shall take","a junior position versus other investors,","and the pricing of the EFSI operations","shall be modulated including blending","where necessary to enable projects in","order to maximize leverage of funds and","to take into account local market","conditions;","- the pricing policy for equity-type","operations taking into account that","pricing levels shall remain behind market","prices significantly. According to the","principle of subsidiarity, a higher pricing","can be agreed where the private or public","investors plan to bring in sufficient equity","risk taking money.';"],"old":[""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"292","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Gabriel Mato","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-293","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2 a (new)"],[" Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 2 a (new)"]],"meps":[96936],"meta":{"created":"2019-07-03T06:07:19"},"new":["(2 a) the following paragraph is added:","\u2018Furthermore, in line with the pricing","policies, the Steering Board shall set out","guidelines which foresee that:","- as a general rule and unless duly","justified, EFSI shall take a junior position","versus other investors, and the pricing of","the guarantee shall be modulated","including blending where necessary to","enable projects in order to maximize","leverage of funds and to take into account","local market conditions;","- the pricing policy for equity-type","operations taking into account that","pricing levels shall remain behind market","prices significantly. According to the","principle of subsidiarity, a higher pricing","can be agreed where the private or public","investors plan to bring in sufficient equity","risk taking money.';"],"old":["",""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"293","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Burkhard Balz","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-294","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2 a (new)"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 2 a (new)"]],"meps":[96997],"meta":{"created":"2019-07-03T06:07:19"},"new":["(2 a) the following paragraph is added:","\u20182a. The Steering Board shall draft a","report on the effects of the pricing of","operations under the EU guarantee,","which is to be in line with the EIB's","general pricing practices, on the principle","of additionality.\u2019"],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"294","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Burkhard Balz","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-295","justification":" If special activities of the EIB continue to be deemed as complying with the principle of\n additionality and furthermore the principle of blending is enhanced, an EFSI ombudsman is\n needed in order to restore the balance by providing financing partners the possibility to\n complain about crowding-out and potential lack of additionality.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2 b (new)"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 2 b (new)"]],"meps":[96997],"meta":{"created":"2019-07-03T06:07:20"},"new":["(2 b) the following paragraph is added:","\u20182b. In order to strengthen the","additionality and to avoid crowding-out","the European Commission shall, by XX","[insert: entry into force of this amending","Regulation], establish the position of an","ombudsman for EFSI who can be","addressed by commercial financing","partners claiming to have been crowded","out. The ombudsman regularly","participates in meetings of the EFSI","investment committee during which he","will be able to present complaints. The","ombudsman shall submit an","annual report to the European","Commission, the Council and the","European Parliament.\u2019;"],"old":["",""],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"295","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Fabio De Masi, Paloma L\u00f3pez Bermejo, Marisa Matias","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-296","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 3"],[" Regulation (EU) No 2015/1017","Article 6 \u2013 paragraph 1 \u2013 introductory part"]],"meps":[124858,125047,96820],"meta":{"created":"2019-07-03T06:07:20"},"new":["deleted"],"old":["(3) In Article 6(1), the introductory","words are replaced by the following:","\u2018The EFSI Agreement shall provide that","the EFSI is to support projects which","address market failures or sub-optimal","investment situations and which:\u2019;"],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"296","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":" Jordi Sol\u00e9, Bas Eickhout","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-297","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 3"],[" Regulation (EU) No 2015/1017","Article 6 \u2013 paragraph 1 \u2013 introductory part"]],"meps":[185974,96725],"meta":{"created":"2019-07-03T06:07:20"},"new":["The EFSI Agreement shall provide that the","EFSI is to support operations which;"],"old":["The EFSI Agreement shall provide that the","EFSI is to support projects which address","market failures or sub-optimal investment","situations and which:;"],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"297","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Enrique Calvet Chambon","changes":{},"committee":["BUDG","ECON"],"date":"2017-03-27T00:00:00","id":"PE602.737-298","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 3"],["Regulation (EU) No 2015/1017","Article 6 \u2013 paragraph 1 \u2013 introductory part"]],"meps":[129407],"meta":{"created":"2019-07-03T06:07:20"},"new":["The EFSI Agreement shall provide that the","EFSI is to support projects which reach","real economy and address market failures","or sub-optimal investment situations and","which:;"],"old":["The EFSI Agreement shall provide that the","EFSI is to support projects which address","market failures or sub-optimal investment","situations and which:;"],"orig_lang":"en","peid":"PE602.737v01-00","reference":"2016/0276(COD)","seq":"298","src":"http://www.europarl.europa.eu/doceo/document/CJ16-AM-602737_EN.pdf"},{"authors":"Jonathan Arnott","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-12","location":[["Proposal for a regulation","Title 1 a (new)"]],"meps":[124958],"meta":{"created":"2019-07-03T06:09:52"},"new":["The European Parliament rejects the","Commission proposal."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"12","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Notis Marias","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-13","location":[["Proposal for a regulation","Citation 1 a (new)"]],"meps":[125069],"meta":{"created":"2019-07-03T06:09:52"},"new":["Having regard to Protocol (No 1) of the","Treaty on the Functioning of the","European Union (TFEU) on the role of","national parliaments in the European","Union,"],"orig_lang":"el","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"13","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Notis Marias","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-14","location":[["Proposal for a regulation","Citation 1 b (new)"]],"meps":[125069],"meta":{"created":"2019-07-03T06:09:52"},"new":["Having regard to Protocol (No 2) of the","Treaty on the Functioning of the","European Union (TFEU) on the","application of the principles of","subsidiarity and proportionality,"],"orig_lang":"el","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"14","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Petri Sarvamaa","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-15","location":[[" Proposal for a regulation","Citation 5 a (new)"]],"meps":[112611],"meta":{"created":"2019-07-03T06:09:52"},"new":["Having regard to the opinion No 02/2016","of the Court of Auditors1a ,","_________________","1a OJ C 465, 13.12.2016, p. 1."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"15","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Ingeborg Gr\u00e4\u00dfle","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-16","location":[[" Proposal for a regulation","Citation 5 a (new)"]],"meps":[28220],"meta":{"created":"2019-07-03T06:09:53"},"new":["Having regard to the Opinion No 02/2016","of the Court of Auditors1a,","_________________","1a OJ C 465, 13.12.2016, p. 1."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"16","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-17","location":[[" Proposal for a regulation","Citation 5 a (new)"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:53"},"new":["Having regard to Opinion No 2/2016 of","the European Court of Auditors,"],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"17","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Notis Marias","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-18","location":[["Proposal for a regulation","Recital 1"]],"meps":[125069],"meta":{"created":"2019-07-03T06:09:53"},"new":["deleted"],"old":["(1) Since the Investment Plan for","Europe was presented in November","20143, the conditions for an uptake in","investment have improved and confidence","in Europe\u2019s economy and growth are","returning. The Union is now in its fourth","year of moderate recovery, with Gross","Domestic Product growing at 2% in 2015.","The comprehensive efforts initiated with","the Investment Plan are already","delivering concrete results, despite the","fact that macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up","gradually throughout 2016 and 2017","although it remains below historical","levels.","_________________","3","COM(2014) 903 final."],"orig_lang":"el","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"18","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Barbara Kappel","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-19","location":[["Proposal for a regulation","Recital 1"]],"meps":[125024],"meta":{"created":"2019-07-03T06:09:53"},"new":["(1) Since the Investment Plan for","Europe was presented in November 20143 ,","the conditions for an uptake in investment","have improved. The comprehensive efforts","initiated with the Investment Plan are","delivering results, despite the fact that","macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up gradually","throughout 2016 and 2017 although it","remains below historical levels.","_________________","3","COM(2014) 903 final. COM(2014) 903 final."],"old":["(1) Since the Investment Plan for","Europe was presented in November 20143 ,","the conditions for an uptake in investment","have improved and confidence in","","Europe\u2019s economy and growth are","returning. The Union is now in its fourth","year of moderate recovery, with Gross","Domestic Product growing at 2% in 2015.","The comprehensive efforts initiated with","the Investment Plan are already delivering","concrete results, despite the fact that","macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up gradually","throughout 2016 and 2017 although it","remains below historical levels.","_________________","3"],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"19","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-20","location":[[" Proposal for a regulation","Recital 1"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:53"},"new":["(1) It is regrettable that the EFSI has","failed to tackle the problem of the","investment gap in the EU, and it should be","noted that the problem of the lack of","investment arises from a serious lack of","aggregate demand and from the impact of","austerity policies. A radical change needs","to be effected in the way that investments","are approached in Europe, by addressing","the real causes of the crisis and revising","the economic governance framework so","as to give a permanent boost to productive","investments able to generate added value","for the real economy and for society in all","European countries.","COM(2014) 903 final."],"old":["(1) Since the Investment Plan for","Europe was presented in November 20143,","the conditions for an uptake in investment","have improved and confidence in","Europe\u2019s economy and growth are","returning. The Union is now in its fourth","year of moderate recovery, with Gross","Domestic Product growing at 2% in 2015.","The comprehensive efforts initiated with","the Investment Plan are already","delivering concrete results, despite the","fact that macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up","gradually throughout 2016 and 2017","although it remains below historical","levels.","_________________","3"],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"20","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Luke Ming Flanagan","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-21","location":[["Proposal for a regulation","Recital 1"]],"meps":[124985],"meta":{"created":"2019-07-03T06:09:53"},"new":["(1) Since the Investment Plan for","Europe was presented in November 20143 ,","the conditions for an uptake in investment","have improved and confidence in Europe\u2019s","economy and growth should be returning.","After several years of little or no recovery,","there was an increase of 2% in Gross","Domestic Product in 2015. While this is","encouraging, there is no evidence to show","that this is in any way related to the","Investment Plan, as the macroeconomic","effects of larger investment projects cannot","be immediate. Investment, however,","remains at worryingly low levels though","the hope is that it will pick up gradually","through 2017.","_________________","3","COM(2014) 903 final."],"old":["(1) Since the Investment Plan for","Europe was presented in November 20143 ,","the conditions for an uptake in investment","have improved and confidence in Europe\u2019s","economy and growth are returning. The","Union is now in its fourth year of","moderate recovery, with Gross Domestic","Product growing at 2% in 2015. The","comprehensive efforts initiated with the","Investment Plan are already delivering","concrete results, despite the fact that","macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up","gradually throughout 2016 and 2017","although it remains below historical","levels.","_________________","3","COM(2014) 903 final."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"21","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Notis Marias","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-22","location":[["Proposal for a regulation","Recital 2"]],"meps":[125069],"meta":{"created":"2019-07-03T06:09:53"},"new":["deleted"],"old":["(2) This positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"el","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"22","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-23","location":[[" Proposal for a regulation","Recital 2"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:53"},"new":["deleted"],"old":["(2) This positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"23","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Luke Ming Flanagan","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-24","location":[[" Proposal for a regulation","Recital 2"]],"meps":[124985],"meta":{"created":"2019-07-03T06:09:53"},"new":["(2) That positive momentum, little as it","is, should be maintained and even","accelerated, and efforts need to be","continued to bring investment back to its","long-term sustainable trend. While it's not","yet certain that the mechanisms of the","Investment Plan work, caution should be","exercised in the mobilisation of private","investments in sectors important to","Europe's future."],"old":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"24","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Barbara Kappel","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-25","location":[["Proposal for a regulation","Recital 2"]],"meps":[125024],"meta":{"created":"2019-07-03T06:09:53"},"new":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain, without","losing attention to institutional and","sectoral problems which cause such","market failures and sub-optimal","investment situations."],"old":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"25","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Notis Marias","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-26","location":[["Proposal for a regulation","Recital 3"]],"meps":[125069],"meta":{"created":"2019-07-03T06:09:53"},"new":["(3) On 1 June 2016 the Commission","issued a Communication entitled \u2018Europe","investing again \u2013 Taking stock of the","Investment Plan for Europe and next steps\u2019","outlining the situation so far and the","envisaged next steps, such as the extension","of the European Fund for Strategic","Investments (EFSI) beyond its initial three-","year period, the scaling-up of the Small","and Medium-sized Enterprises (SME)","Window within the existing framework and","the enhancement of the European","Investment Advisory Hub (EIAH)."],"old":["(3) On 1 June 2016 the Commission","issued a Communication entitled \u2018Europe","investing again \u2013 Taking stock of the","Investment Plan for Europe and next steps\u2019","","outlining the achievements of the","Investment Plan so far and the envisaged","next steps, including the extension of the","European Fund for Strategic Investments","(EFSI) beyond its initial three-year period,","the scaling-up of the Small and Medium-","sized Enterprises (SME) Window within","the existing framework and the","enhancement of the European Investment","Advisory Hub (EIAH)."],"orig_lang":"el","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"26","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-27","location":[[" Proposal for a regulation","Recital 3 a (new)"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:53"},"new":["(3a) On 11 November 2016, the","European Court of Auditors published an","opinion in which it stated that: \u2018the","European Commission plans to increase","and extend the investment fund at the","heart of the \u201cJuncker Plan\u201d were drawn","up too soon and with little evidence that","the increase is justified\u2019. The Court of","Auditors also highlighted the fact that \u2018no","comprehensive impact assessment has","been made\u2019 and criticised the \u2018deletion of","the provision linking the continuation of","EFSI to the results of an independent","evaluation\u2019. It also emphasised \u2018the risk","that the multiplier effect is overstated\u2019,","and that the objectives and results cited","were those expected and not ones","confirmed by tangible, accurate, clear or","immediate statistics."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"27","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-28","location":[["Proposal for a regulation","Recital 4"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:53"},"new":["(4) It is clear from the results","achieved to date that it will be difficult for","the EFSI to achieve the objective of","mobilising EUR 315 billion in additional","investments in the real economy by mid-","2018."],"old":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME","Window where the EFSI is delivering well","beyond expectations. In July 2016 the","SME Window was thus scaled-up by EUR","500 million within the existing parameters","of the Regulation (EU) 2015/1017. A","larger share of financing to be geared","towards SMEs given the exceptional","market demand for SME financing under","the EFSI: 40% of the increased risk","bearing capacity of the EFSI should be","geared towards increasing access to","financing for SMEs."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"28","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Luke Ming Flanagan","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-29","location":[["Proposal for a regulation","Recital 4"]],"meps":[124985],"meta":{"created":"2019-07-03T06:09:53"},"new":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. Of greatest significance is the fact","that the market absorption has been","particularly quick under the SME Window","where the EFSI is delivering well beyond","expectations. In July 2016 the SME","Window was thus scaled-up by EUR 500","million within the existing parameters of","Regulation (EU) No 2015/1017. A larger","share of financing is to be geared towards","SMEs given the exceptional market","demand for SME financing under the","EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs."],"old":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME Window","where the EFSI is delivering well beyond","expectations. In July 2016 the SME","","Window was thus scaled-up by EUR 500","million within the existing parameters of","Regulation (EU) No 2015/1017. A larger","share of financing to be geared towards","SMEs given the exceptional market","demand for SME financing under the","EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"29","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Barbara Kappel","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-30","location":[[" Proposal for a regulation","Recital 4"]],"meps":[125024],"meta":{"created":"2019-07-03T06:09:53"},"new":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is on track to","deliver the objective of mobilising at least","EUR 315 billion in additional investments","in the real economy by mid-2018. The","market absorption has been particularly","quick under the SME Window where the","EFSI is delivering well beyond","expectations. In July 2016 the SME","Window was thus scaled-up by EUR 500","million within the existing parameters of","Regulation (EU) No 2015/1017. A larger","share of financing to be geared towards","SMEs given the exceptional market","demand for SME financing under the","EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs."],"old":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME Window","where the EFSI is delivering well beyond","expectations. In July 2016 the SME","Window was thus scaled-up by EUR 500","million within the existing parameters of","Regulation (EU) No 2015/1017. A larger","share of financing to be geared towards","SMEs given the exceptional market","demand for SME financing under the","EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"30","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Petri Sarvamaa","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-31","justification":"As a market-based instrument the EFSI cannot alone tackle geographical investment gaps in\nthe Union.","location":[["Proposal for a regulation","Recital 4 a (new)"]],"meps":[112611],"meta":{"created":"2019-07-03T06:09:53"},"new":["(4a) The EFSI is part of the Investment","Plan, a comprehensive strategy designed","to address uncertainty surrounding public","and private investments and to reduce the","investment gaps in the Union. The","strategy has three pillars: mobilising","finance for investment, ensuring that","investment reaches the real economy and","improving the investment environment in","the Union. For the purpose of","geographical diversification, it is essential","that the investment environment in the","Union is improved by removing barriers","to investment. The EFSI should be seen","as a complement to other actions needed","to reduce investment gaps in the Union","and, by acting as a guarantee fund, as a","stimulus for new investment."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"31","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-32","location":[["Proposal for a regulation","Recital 5"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:54"},"new":["(5) On 28 June 2016 the European","Council, despite not having at its disposal","any independent assessment containing","accurate and objective statistics,","concluded that \"The Investment Plan for","Europe, in particular the European Fund","for Strategic Investments (EFSI), has","already delivered concrete results and is a","major step to help mobilise private","investment while making smart use of","scarce budgetary resources. The","Commission intends to soon put forward","proposals on the future of the EFSI, which","should be examined as a matter of urgency","by the European Parliament and the","Council\"."],"old":["(5) On 28 June 2016 the European","Council concluded that \"The Investment","Plan for Europe, in particular the European","Fund for Strategic Investments (EFSI), has","already delivered concrete results and is a","","major step to help mobilise private","investment while making smart use of","scarce budgetary resources. The","Commission intends to soon put forward","proposals on the future of the EFSI, which","should be examined as a matter of urgency","by the European Parliament and the","Council.\""],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"32","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Notis Marias","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-33","location":[[" Proposal for a regulation","Recital 6"]],"meps":[125069],"meta":{"created":"2019-07-03T06:09:54"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. The Commission is","committed to the doubling of the EFSI,","both in terms of duration and financial","capacity. The legal extension covers the","period of the current Multiannual Financial","Framework and should provide a total of at","least half a trillion euro investments by","2020. In order to enhance the firepower of","the EFSI even further and reach the aim of","doubling the investment target, Member","States should also contribute as a matter of","priority."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration and","financial capacity. The legal extension","covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority."],"orig_lang":"el","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"33","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Barbara Kappel","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-34","meps":[125024],"meta":{"created":"2019-07-03T06:09:54"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. The Commission is","committed to the doubling of the EFSI,","both in terms of duration and financial","capacity. The legal extension covers the","period of the current Multiannual Financial","Framework and should provide a total of at","least half a trillion euro investments by","2020. In order to enhance the firepower of","the EFSI even further and reach the aim of","doubling the investment target, Member","States should also contribute as a matter of","priority."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration and","financial capacity. The legal extension","covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"34","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Luke Ming Flanagan","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-35","location":[["Proposal for a regulation","Recital 6"]],"meps":[124985],"meta":{"created":"2019-07-03T06:09:54"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration and","financial capacity. The legal extension","covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority.","Care must also be exercised by the EIB in","the control of those funds, however, to","ensure that Member States do not use","those additional funds as an excuse to","abrogate their own responsibilities and","reduce or even to end public investment in","public services."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration and","financial capacity. The legal extension","covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority.",""],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"35","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-36","location":[[" Proposal for a regulation","Recital 6"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:54"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. The plan has failed to","address the investment gap in Europe and","has been insufficiently diversified both","sectorally and geographically, due to sub-","optimal allocation of investment, funding","projects with a high environmental impact","and dubious additionality. Despite this,","after barely one year of the EFSI being in","operation, and without the independent","evaluation to which the EFSI\u2019s potential","extension was linked being conducted, the","Commission has launched a proposal on","the doubling of the EFSI, in terms both of","duration and of financial capacity."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration","and financial capacity. The legal","extension covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"36","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-37","location":[[" Proposal for a regulation","Recital 7"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:54"},"new":["deleted"],"old":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that","strategic investment will continue at a","sustainable level."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"37","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Petri Sarvamaa","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-38","justification":"Articles 18(6) and 18(7) of the Regulation (EU) 2015/1017 on the European Fund for\nStrategic Investments provide that a proposal to amend that Regulation be supported by an\nindependent evaluation. However, that evaluation was released only after the current\nproposal to extend the EFSI. For the post-2020 revision, it is important that the impact\nassessment is carried out prior to the proposal being submitted to EP and Council.","location":[["Proposal for a regulation","Recital 7"]],"meps":[112611],"meta":{"created":"2019-07-03T06:09:54"},"new":["(7) By 30 June 2018 and 30 June","2020, the Commission is to submit to the","European Parliament and the Council a","report containing an independent","evaluation of the application of","Regulation (EU) 2015/1017. The report to","be submitted by 30 June 2020 should,","where appropriate, be accompanied by a","legislative proposal to amend Regulation","(EU) 2015/1017, and should, in","accordance with the Interinstitutional","Agreement of 13 April 2016 on Better","Law Making, be accompanied by an","impact assessment."],"old":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that","strategic investment will continue at a","sustainable level."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"38","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Jos\u00e9 Ignacio Salafranca S\u00e1nchez-Neyra","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-39","location":[[" Proposal for a regulation","Recital 7"]],"meps":[2002],"meta":{"created":"2019-07-03T06:09:54"},"new":["(7) For the period after 2020, the","Commission should put forward an","appropriate legislative proposal to ensure,","promote and strengthen the Union's","strategic investments at sustainable levels","throughout the financial period covered","by the post-2020 Multiannual Financial","Framework."],"old":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that","strategic investment will continue at a","sustainable level."],"orig_lang":"es","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"39","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Notis Marias","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-40","location":[[" Proposal for a regulation","Recital 7"]],"meps":[125069],"meta":{"created":"2019-07-03T06:09:54"},"new":["(7) For the period after 2020, the","Commission should put forward the","necessary proposals to ensure that strategic","investment will continue at a sustainable","level."],"old":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that strategic","investment will continue at a sustainable","level."],"orig_lang":"el","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"40","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Petri Sarvamaa","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-41","justification":"Taking into account EFSI's complicated governance structure, that makes it difficult to\nestablish for accountability purposes who is ultimately responsible to the EU budgetary and\nlegislative authorities for the performance and risk management of EFSI as well as to identify\npotential conflicts of interest between EFSI and non-EFSI roles and responsibilities (ECA\nopinion 2/2016), ECA's right of access to information and data necessary for the Court to\ncarry out audit should be highlighted.","location":[[" Proposal for a regulation","Recital 7 a (new)"]],"meps":[112611],"meta":{"created":"2019-07-03T06:09:54"},"new":["(7a) In order for it to carry out its work,","the Court of Auditors requires access to","the Commission's annual report on the","management of the guarantee fund no","later than 31 May of each year. In this","regard, the audit rights of the Court of","Auditors as laid down in Article 287","TFEU should be fully respected and the","report should be submitted to the","European Parliament, to the Council and","to the Court of Auditors in a timely","fashion."],"old":[""],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"41","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-42","location":[["Proposal for a regulation","Recital 8"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:54"},"new":["(8) The EFSI must address remaining","market failures and sub-optimal investment","situations, using only public sector","financing for investments crucial for","Europe\u2019s future job creation \u2013 particularly","for young people \u2013, sustainable growth","and competitiveness with strengthened","additionality. They include investments in","the areas of energy, environment and","climate action, social and human capital","and related infrastructure, healthcare,","research and innovation, cross-border and","sustainable transport, as well as the digital","transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced, eliminating","any support for fossil fuels. Energy","interconnection priority projects with zero","impact on emissions and energy efficiency","projects should also be increasingly","targeted. So far, the support provided by","the EFSI to energy, energy efficiency and","renewable energy projects has been","achieved by means of a corresponding","reduction in ordinary EIB investments in","those sectors, nullifying the notion of","additionality. The investments financed","under the EFSI should be additional to","the normal operations of the EIB. In","addition, EFSI support to motorways and","airports must be avoided, unless it is","needed to support private investment in","transport in cohesion countries or in cross-","border transport projects involving at least","one cohesion country. For reasons of","clarity, although they are already eligible,","it should be explicitly laid down that","projects in the fields of agriculture, fishery","and aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"42","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Luke Ming Flanagan","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-43","location":[[" Proposal for a regulation","Recital 8"]],"meps":[124985],"meta":{"created":"2019-07-03T06:09:54"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced.","Environmentally friendly energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted, but only after any","and all local impact concerns have been","addressed, including proper consultation","with those most affected by those projects.","In addition, EFSI support to motorways","should be avoided, unless it is needed to","support private investment in transport in","cohesion countries or in cross-border","transport projects involving at least one","cohesion country. For reasons of clarity,","although they are already eligible, it should","be explicitly laid down that projects in the","fields of sustainable agriculture,","sustainable fishery and aquaculture that is","proven to be non-environmentally","destructive, come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"43","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Barbara Kappel","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-44","location":[["Proposal for a regulation","Recital 8"]],"meps":[125024],"meta":{"created":"2019-07-03T06:09:54"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular,","the contribution of operations supported","by the EFSI to achieving the Union's","ambitious targets set at the Paris Climate","Conference (COP21) should be","reinforced. Energy interconnection priority","projects and energy efficiency projects","should also be increasingly targeted. In","addition, EFSI support to motorways","should be avoided, unless it is needed to","support private investment in transport in","cohesion countries or in cross-border","transport projects involving at least one","cohesion country. For reasons of clarity,","although they are already eligible, it should","be explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"44","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Notis Marias","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-45","location":[[" Proposal for a regulation","Recital 8"]],"meps":[125069],"meta":{"created":"2019-07-03T06:09:54"},"new":["(Does not affect the English version.)"],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"el","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"45","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-46","location":[["Proposal for a regulation","Recital 8 a (new)"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:55"},"new":["(8a) The EFSI should not finance","transport infrastructure work in the","absence of an independent impact","assessment and if its implementation is","controversial from an economic,","environmental or social point of view.","Support of any kind for the fossil fuel","sector must be prohibited."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"46","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-47","location":[[" Proposal for a regulation","Recital 9"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:55"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should","be considered additional given their","inherent difficulty and their high added","value for the Union."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"47","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Hannu Takkula","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-48","location":[[" Proposal for a regulation","Recital 9"]],"meps":[28316],"meta":{"created":"2019-07-03T06:09:55"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. The purpose of additionality","should be limited to ensuring that selected","projects are those that could not have","otherwise obtained financing on the","market due to a higher risk","profile. Additionality as a term must be","kept simple and create other more easily","measurable criterion for the","funding. Operations in infrastructure under","the Infrastructure and Innovation Window","linking two or more Member States,","including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union.",""],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"48","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Barbara Kappel","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-49","location":[["Proposal for a regulation","Recital 10"]],"meps":[125024],"meta":{"created":"2019-07-03T06:09:55"},"new":["deleted"],"old":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","blending operations combining non-","reimbursable forms of support and/or","financial instruments from the Union","budget, such as those available under the","Connecting Europe Facility, and","financing from EIB Group, including","EIB financing under the EFSI, as well as","other investors should be encouraged.","Blending aims to enhance the value added","of Union spending by attracting","additional resources from private","investors and to ensure the actions","supported become economically and","financially viable."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"49","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-50","location":[["Proposal for a regulation","Recital 10"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:55"},"new":["(10) Blending operations combining","non-reimbursable forms of support and/or","financial instruments from the Union","budget should be prohibited.","Combinations of public and private","instruments increase the risk that profits","will be privatised while losses will be","borne by the public purse, and often, from","the point of view of public finances, entail","an unbalanced distribution of the risks","and costs associated with high-risk private","investment, which is to the detriment of","the taxpayer, as public money is being","used to co-finance private returns and","cover any losses on investments."],"old":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","blending operations combining non-","reimbursable forms of support and/or","financial instruments from the Union","budget, such as those available under the","Connecting Europe Facility, and","financing from EIB Group, including","EIB financing under the EFSI, as well as","other investors should be encouraged.","Blending aims to enhance the value added","of Union spending by attracting","additional resources from private","investors and to ensure the actions","supported become economically and","financially viable."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"50","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Barbara Kappel","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-51","location":[[" Proposal for a regulation","Recital 11"]],"meps":[125024],"meta":{"created":"2019-07-03T06:09:55"},"new":["deleted"],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general","objectives eligible for EFSI support","should be enlarged."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"51","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Jos\u00e9 Ignacio Salafranca S\u00e1nchez-Neyra","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-52","location":[[" Proposal for a regulation","Recital 11"]],"meps":[2002],"meta":{"created":"2019-07-03T06:09:55"},"new":["(11) In order to reinforce the take-up of","the EFSI in all regions, and particularly in","less-developed, transition and outermost","regions, the scope of the general objectives","and the conditions making them eligible","for EFSI support should be enlarged."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"es","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"52","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Notis Marias","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-53","location":[["Proposal for a regulation","Recital 11"]],"meps":[125069],"meta":{"created":"2019-07-03T06:09:55"},"new":["(11) In order to reinforce the take-up of","the EFSI in the less-developed and","transition regions, the scope of the general","objectives eligible for EFSI support should","be enlarged."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"el","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"53","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-54","location":[["Proposal for a regulation","Recital 12"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:55"},"new":["deleted"],"old":["(12) For the full investment period, the","Union should provide a Union guarantee","(the 'EU guarantee') which should not, at","any time, exceed EUR 26 000 000 000 in","order to enable the EFSI to support","investments, of which a maximum of EUR","16 000 000 000 should be available prior","to 6 July 2018."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"54","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Barbara Kappel","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-55","location":[[" Proposal for a regulation","Recital 12"]],"meps":[125024],"meta":{"created":"2019-07-03T06:09:55"},"new":["deleted"],"old":["(12) For the full investment period, the","Union should provide a Union guarantee","(the 'EU guarantee') which should not, at","any time, exceed EUR 26 000 000 000 in","order to enable the EFSI to support","investments, of which a maximum of EUR","16 000 000 000 should be available prior","to 6 July 2018."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"55","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-56","location":[[" Proposal for a regulation","Recital 13"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:55"},"new":["deleted"],"old":["(13) It is expected that when the EU","guarantee is combined with the EUR 7","500 000 000 to be provided by the EIB,","the EFSI support should generate EUR","100 000 000 000 additional investment by","the EIB and EIF. The amount of EUR","100 000 000 000 supported by the EFSI is","expected to generate at least EUR 500 000","000 000 of additional investment in the","real economy by the end of 2020."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"56","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Barbara Kappel","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-57","location":[["Proposal for a regulation","Recital 13"]],"meps":[125024],"meta":{"created":"2019-07-03T06:09:55"},"new":["deleted"],"old":["(13) It is expected that when the EU","guarantee is combined with the EUR 7","500 000 000 to be provided by the EIB,","the EFSI support should generate EUR","100 000 000 000 additional investment by","the EIB and EIF. The amount of EUR","100 000 000 000 supported by the EFSI is","expected to generate at least EUR 500 000","000 000 of additional investment in the","real economy by the end of 2020."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"57","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-58","location":[["Proposal for a regulation","Recital 14"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:55"},"new":["deleted"],"old":["(14) In order to partly finance the","contribution from the general budget of","the Union to the EU guarantee fund for","the additional investments to be made, a","transfer should be made from the","available envelope of the Connecting","Europe Facility (CEF), provided for in","Regulation (EU) No 1316/2013 of the","European Parliament and of the","Council4. Moreover, EUR 1 145 797 000","of appropriations should be transferred","from the CEF financial instruments to the","grant part of the CEF with a view to","facilitating blending with the EFSI or to","other relevant instruments, in particular","those dedicated to energy efficiency.","_________________","","","4Regulation (EU) No 1316/2013 of the","European Parliament and of the Council","of 11 December 2013 establishing the","Connecting Europe Facility, amending","Regulation (EU) No 913/2010 and","repealing Regulations (EC) No 680/2007","and (EC) No 67/2010, OJ L 348, 12.2013,","p. 129."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"58","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Barbara Kappel","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-59","location":[[" Proposal for a regulation","Recital 14"]],"meps":[125024],"meta":{"created":"2019-07-03T06:09:56"},"new":["deleted"],"old":["(14) In order to partly finance the","contribution from the general budget of","the Union to the EU guarantee fund for","the additional investments to be made, a","transfer should be made from the","available envelope of the Connecting","Europe Facility (CEF), provided for in","Regulation (EU) No 1316/2013 of the","European Parliament and of the Council4",". Moreover, EUR 1 145 797 000 of","appropriations should be transferred from","the CEF financial instruments to the","grant part of the CEF with a view to","facilitating blending with the EFSI or to","other relevant instruments, in particular","those dedicated to energy efficiency.","_________________","4Regulation (EU) No 1316/2013 of the","European Parliament and of the Council","of 11 December 2013 establishing the","Connecting Europe Facility, amending","Regulation (EU) No 913/2010 and","repealing Regulations (EC) No 680/2007","and (EC) No 67/2010, OJ L 348, 12.2013,","p. 129."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"59","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Jos\u00e9 Ignacio Salafranca S\u00e1nchez-Neyra","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-60","location":[["Proposal for a regulation","Recital 14"]],"meps":[2002],"meta":{"created":"2019-07-03T06:09:56"},"new":["(14) In order to partly finance the","contribution from the general budget of the","Union to the EU guarantee fund for the","additional investments to be made,","unallocated margins should be earmarked","first under the Multiannual Financial","Framework ceilings and transfers could","also be made from the available envelope","of the Connecting Europe Facility (CEF),","provided for in Regulation (EU) No","1316/2013 of the European Parliament and","of the Council4 . Moreover, EUR 1 145","797 000 of appropriations should be","transferred from the CEF financial","instruments to the grant part of the CEF","with a view to facilitating blending with","the EFSI or to other relevant instruments,","in particular those dedicated to energy","efficiency.","_________________","4","Regulation (EU) No 1316/2013 of the","European Parliament and of the Council of","11 December 2013 establishing the","Connecting Europe Facility, amending","Regulation (EU) No 913/2010 and","repealing Regulations (EC) No 680/2007","and (EC) No 67/2010, OJ L 348, 12.2013,","p. 129."],"old":["(14) In order to partly finance the","contribution from the general budget of the","Union to the EU guarantee fund for the","additional investments to be made, a","transfer should be made from the available","envelope of the Connecting Europe Facility","(CEF), provided for in Regulation (EU) No","1316/2013 of the European Parliament and","of the Council4 . Moreover, EUR 1 145","797 000 of appropriations should be","transferred from the CEF financial","instruments to the grant part of the CEF","with a view to facilitating blending with","the EFSI or to other relevant instruments,","in particular those dedicated to energy","efficiency.","_________________","4","Regulation (EU) No 1316/2013 of the","European Parliament and of the Council of","11 December 2013 establishing the","Connecting Europe Facility, amending","Regulation (EU) No 913/2010 and","repealing Regulations (EC) No 680/2007","and (EC) No 67/2010, OJ L 348, 12.2013,","p. 129."],"orig_lang":"es","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"60","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-61","location":[[" Proposal for a regulation","Recital 15"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:56"},"new":["deleted"],"old":["(15) On the basis of the experience","acquired with the investments supported","by the EFSI, the target amount of the","guarantee fund should be brought to 35 %","of the total EU guarantee obligations","ensuring an adequate level of protection."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"61","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Barbara Kappel","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-62","location":[[" Proposal for a regulation","Recital 15"]],"meps":[125024],"meta":{"created":"2019-07-03T06:09:56"},"new":["deleted"],"old":["(15) On the basis of the experience","acquired with the investments supported","by the EFSI, the target amount of the","guarantee fund should be brought to 35 %","of the total EU guarantee obligations","ensuring an adequate level of protection."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"62","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-63","location":[[" Proposal for a regulation","Recital 16"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:56"},"new":["(16) Past experience of the SME","Window is disappointing. The SME","Window should be assigned more","resources and redesigned so as to support","the real economy. Moreover, particular","attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"old":["(16) In line with the exceptional market","demand for SME financing under the","EFSI which is expected to continue, the","EFSI SME Window should be enhanced.","Particular attention should be paid to social","","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"63","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Jos\u00e9 Ignacio Salafranca S\u00e1nchez-Neyra","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-64","location":[["Proposal for a regulation","Recital 16"]],"meps":[2002],"meta":{"created":"2019-07-03T06:09:56"},"new":["(Does not affect the English version.)"],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"es","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"64","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Notis Marias","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-65","location":[["Proposal for a regulation","Recital 16"]],"meps":[125069],"meta":{"created":"2019-07-03T06:09:56"},"new":["(Does not affect the English version.)"],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"el","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"65","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Hannu Takkula","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-66","location":[[" Proposal for a regulation","Recital 16 a (new)"]],"meps":[28316],"meta":{"created":"2019-07-03T06:09:56"},"new":["(16a) Simplification is needed in the","procedures for processing operations so","that the information which final","beneficiaries, especially SMEs, are","required to provide is the minimum","necessary to ensure their success without","imposing an excessive bureaucratic","burden for SMEs, while bearing in mind","that transparency of the procedure should","be prioritised;"],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"66","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Luke Ming Flanagan","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-67","location":[[" Proposal for a regulation","Recital 17"]],"meps":[124985],"meta":{"created":"2019-07-03T06:09:56"},"new":["(17) The EIB and the EIF should ensure","that the final beneficiaries, especially","SMEs, are informed through a targeted","advertising campaign of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"old":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"67","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-68","location":[[" Proposal for a regulation","Recital 18 a (new)"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:56"},"new":["(18a) In order to overcome the almost","total lack of information and","disaggregated statistical data on the","projects financed thus far, in particular","with regard to the expected impact,","benefits and additionality of each","individual project, the EIB is asked to","publish all available information about,","and findings of, impact assessments for","operations carried out within the","framework of the EFSI. The EIB is also","called upon to provide a detailed","explanation of the added value and","additionality of each project financed and","of how each one contributes to the","achievement of EFSI objectives and the","fundamental long-term strategies and","objectives of the EU. In the same way, the","EIB should report on the results achieved","by the EFSI to gauge the real economic,","social and environmental impact, the real","added value and the additionality of the","projects financed, as well as the actual","capacity of the Fund to achieve the stated","objectives."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"68","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Luke Ming Flanagan","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-69","location":[["Proposal for a regulation","Recital 19"]],"meps":[124985],"meta":{"created":"2019-07-03T06:09:56"},"new":["(19) The operations supported by the","EFSI should adhere in every aspect to the","Union's principles of good tax governance."],"old":["(19) The operations supported by the","EFSI should adhere to the Union's","principles of tax good governance."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"69","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Barbara Kappel","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-70","location":[[" Proposal for a regulation","Recital 21"]],"meps":[125024],"meta":{"created":"2019-07-03T06:09:56"},"new":["deleted"],"old":["(21) The European Investment","Advisory Hub (EIAH) should be","enhanced and its activities should focus","on needs not covered adequately under","current arrangements. It should pay","particular attention to supporting the","preparation of projects involving two or","more Member States and projects that","contribute to achieving the objectives of","COP21. Notwithstanding its objective to","build upon existing advisory services of","the EIB and the Commission, so to act as","a single technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support","the EIB where needed in originating","projects. It should also actively contribute","to the establishment of investment","platforms and provide advice on the","combination of other sources of Union","funding with the EFSI."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"70","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Luke Ming Flanagan","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-71","location":[[" Proposal for a regulation","Recital 21"]],"meps":[124985],"meta":{"created":"2019-07-03T06:09:56"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of broadly proportional sectorial","and geographical diversification of the","EFSI and support the EIB where needed in","originating projects. It should also actively","contribute to the establishment of","investment platforms and provide advice","on the combination of other sources of","Union funding with the EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"71","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-72","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 1"],["Regulation (EU) No 2015/1017","Article 4 \u2013 paragraph 2 \u2013 point a \u2013 point ii"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:56"},"new":["deleted","in point (a), point (ii) is replaced","in accordance with Article 11,"],"old":["(1) Article 4(2) is amended as follows:","(a)","by the following:","\u2018(ii) the amount, of no less than EUR 7","500 000 000 in guarantees or cash, and","the terms of the financial contribution","which is to be provided by the EIB","through the EFSI;';","\u2018(i)","detailed rules on the provision of the EU","guarantee, including its arrangements on","coverage, its defined coverage of","portfolios of specific types of instruments","","and the respective events triggering","possible calls on the EU guarantee;';"],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"72","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-73","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 1 \u2013 point b"],[" Regulation (EU) No 2015/1017","Article 4 \u2013 paragraph 2 \u2013 point c \u2013 point i"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:56"},"new":["deleted","in accordance with Article 11,"],"old":["(b) in point (c), point (i) is replaced by","the following:","\u2018(i)","detailed rules on the provision of the EU","guarantee, including its arrangements on","coverage, its defined coverage of","portfolios of specific types of instruments","and the respective events triggering","possible calls on the EU guarantee;';"],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"73","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-74","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 3"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:57"},"new":["deleted"],"old":["(2) in Article 5(1) the third","subparagraph is replaced by the","following:","'To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","","","typically have features such as","subordination, participation in risk-","sharing instruments, cross-border","characteristics, exposure to specific risks","or other identifiable aspects as further","described in Annex II.","EIB projects carrying a risk lower than","the minimum risk under EIB special","activities may also be supported by the","EFSI if the use of the EU guarantee is","required to ensure additionality as defined","in the first subparagraph of this","paragraph.","The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality.';"],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"74","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Ingeborg Gr\u00e4\u00dfle","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-75","justification":" According to the Opinion No 02/2016 of the Court of Auditors, the Definition of additionality\n should be kept simple and general by avoiding references to specific cases such as physical\n infrastructure (paragraph 46).","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 5"]],"meps":[28220],"meta":{"created":"2019-07-03T06:09:57"},"new":["deleted"],"old":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality.;"],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"75","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Georgi Pirinski","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-76","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 3"],[" Regulation (EU) No 2015/1017","Article 6 \u2013 paragraph 1 \u2013 introductory part"]],"meps":[124855],"meta":{"created":"2019-07-03T06:09:57"},"new":["The EFSI Agreement shall provide that the","EFSI is to support projects which address","market failures or sub-optimal investment","situations including with the purpose of","achieving a more balanced geographical","distribution of investments and which:;"],"old":["The EFSI Agreement shall provide that the","EFSI is to support projects which address","market failures or sub-optimal investment","situations and which:;"],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"76","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-77","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point b"],[" Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 10 \u2013 second sentence"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:57"},"new":["Each member of the Investment Committee","shall communicate without delay to the","Steering Board, the Managing Director and","the Deputy Managing Director all","information needed to check on an ongoing","basis the absence of any conflict of interest","or the presence of any tax avoidance or","evasion structures, fraud and/or","aggressive tax planning schemes relating","to final beneficiaries. The EIB, jointly","with the Commission, needs to establish a","stringent public list of criteria for the","selection of financial intermediaries."],"old":["Each member of the Investment Committee","shall communicate without delay to the","Steering Board, the Managing Director and","the Deputy Managing Director all","information needed to check on an ongoing","basis the absence of any conflict of","interest.';",""],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"77","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Petri Sarvamaa","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-78","justification":"EFSI needs to function in an effective, fully transparent and effective way. In addition, EFSI\nneeds to achieve the highest levels of transparency and institutional accountability by\nensuring the proactive public disclosure of exhaustive and sound budgetary information and\naccess to financial data related to projects funded by the EIB (EP resolution\nP8_TA(2016)0200). As noted in ECA's opinion, not publishing the scoreboards used by the\nInvestment Committee creates both accountability and transparency issues.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d"],["Regulation (EU) 2015/1017","Article 7 \u2013 paragraph 12 \u2013 subparagraph 2 \u2013 second sentence"]],"meps":[112611],"meta":{"created":"2019-07-03T06:09:57"},"new":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and shall include the rationale for the","decision, with particular focus on","compliance with the additionality criterion,","and information on the fulfilment of the","eligibility criteria referred to in Article 6","and on the use of the scoreboard of","indicators referred to in paragraph 14 of","this Article. The publication shall not","contain commercially sensitive","information. In reaching its decision, the","Investment Committee shall be supported","by the documentation provided by the","EIB.;"],"old":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. The publication","shall not contain commercially sensitive","information. In reaching its decision, the","Investment Committee shall be supported","by the documentation provided by the","EIB.;"],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"78","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-79","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d a (new)"],[" Regulation (EU) No 2015/1017","Article 7 \u2013 paragraph 12 \u2013 subparagraph 3 a (new)"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:57"},"new":["(da) in paragraph 12, subparagraph 3a","is added:","\u2018The Investment Committee shall appear","before the European Parliament at six-","monthly intervals to report on, and where","necessary explain, investment decisions","taken, in accordance with Article 16(2) of","this Regulation\u2019."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"79","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-80","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:57"},"new":["The EIB shall target that at least 50% of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments, including a commitment","that at least 25% of EFSI financing shall","support energy efficiency projects.","Support of any kind for the fossil fuel","sector shall be prohibited. The Steering","Board shall provide detailed guidance to","that end."],"old":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"80","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-81","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point c"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 3"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:57"},"new":["deleted","The investment period during"],"old":["(c) paragraph 3 is replaced by the","following:","\u20183.","which the EU guarantee may be granted","for supporting financing and investment","operations covered by this Regulation","shall last until:","(a) 31 December 2020, for EIB","operations for which a contract between","the EIB and the beneficiary or financial","intermediary has been signed by 31","December 2022;","(b) 31 December 2020, for EIF","operations for which a contract between","the EIF and the financial intermediary","has been signed by 31 December 2022.';"],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"81","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Ingeborg Gr\u00e4\u00dfle","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-82","justification":" According to the Opinion No 02/2016 of the European Court of Auditors, the proposed extra\n period for signing operations (two years) is not in line with the current practice (paragraph\n 17).","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point c"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 3 \u2013 point a"]],"meps":[28220],"meta":{"created":"2019-07-03T06:09:57"},"new":["(a) 31 December 2020, for EIB","operations for which a contract between","the EIB and the beneficiary or financial","intermediary has been signed by 31","December 2021;"],"old":["(a) 31 December 2020, for EIB","operations for which a contract between","the EIB and the beneficiary or financial","intermediary has been signed by 31","December 2022;"],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"82","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Ingeborg Gr\u00e4\u00dfle","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-83","justification":" According to the Opinion No 02/2016 of the European Court of Auditors, the proposed extra\n period for signing operations (two years) is not in line with the current practice (paragraph\n 17).","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point c"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 3 \u2013 point b"]],"meps":[28220],"meta":{"created":"2019-07-03T06:09:57"},"new":["(b) 31 December 2020, for EIF","operations for which a contract between","the EIF and the financial intermediary has","been signed by 31 December 2021.;"],"old":["(b) 31 December 2020, for EIF","operations for which a contract between","the EIF and the financial intermediary has","been signed by 31 December 2022.;"],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"83","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Georgi Pirinski","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-84","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point d"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 4"]],"meps":[124855],"meta":{"created":"2019-07-03T06:09:57"},"new":["deleted"],"old":["(d) paragraph 4 is deleted.;"],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"84","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-85","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 6"],["Regulation (EU) No 2015/1017","Article 10 \u2013 paragraph 2 \u2013 point a"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:57"},"new":["\u2018(a) EIB loans, guarantees, counter-","guarantees;"],"old":["\u2018(a) EIB loans, guarantees, counter-","guarantees, capital market instruments,","any other form of funding or credit","enhancement instrument, including","subordinated debt, equity or quasi-equity","participations, including in favour of","national promotional banks or","institutions, investment platforms or","funds;';"],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"85","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-86","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 7"],["Regulation (EU) No 2015/1017","Article 11 \u2013 paragraphs 1, 3 and in paragraph 6 points a and b"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:57"},"new":["deleted","paragraph 3 is replaced by the","Where the EIB provides funding","in paragraph 6, points (a) and (b)","for debt instruments referred to in","for equity or quasi-equity"],"old":["(7) Article 11 is amended as follows:","(a) paragraph 1 is replaced by the","following:","\u20181. The EU guarantee shall not, at","any time, exceed EUR 26 000 000 000, of","which a part may be allocated for EIB","funding or guarantees to the EIF in","accordance with paragraph 3. Aggregate","net payments from the general budget of","the Union under the EU guarantee shall","not exceed EUR 26 000 000 000 and not","","","exceed EUR 16 000 000 000 prior to 6","July 2018.';","(b)","following:","\u20183.","or guarantees to the EIF in order to","conduct EIB financing and investment","operations, the EU guarantee shall","provide for a full guarantee on such","funding or guarantees provided that an","amount of at least EUR 4 000 000 000 of","funding or guarantees is provided by the","EIB without coverage by the EU","guarantee, up to an initial limit of EUR 6","500 000 000. Without prejudice to","paragraph 1, that limit may where","appropriate be adjusted by the Steering","Board.\u2019","(c)","are replaced by the following:","\u2018(a)","Article 10(2)(a), the principal and all","interest and amounts due to the EIB but","not received by it in accordance with the","terms of the financing operations until the","event of default; losses arising from","fluctuations of currencies other than the","euro in markets where possibilities for","long-term hedging are limited; for","subordinated debt a deferral, reduction or","required exit shall be considered to be an","event of default;","(b)","investments referred to in Article 10(2)(a),","the amounts invested and their associated","funding cost and losses arising from","fluctuations of currencies other than the","euro;';"],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"86","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-87","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 8"],["Regulation (EU) No 2015/1017","Article 12 \u2013 paragraphs 5, 7, 8, 9 and 10"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:57"},"new":["deleted","Endowments to the guarantee","From 1 July 2018, if as a result of","After a call on the EU guarantee,"],"old":["(8) Article 12 is amended as follows:","(a) paragraph 5 is replaced by the","following:","\u20185.","fund referred to under paragraph 2 shall","be used to reach an appropriate level","(target amount) to reflect the total EU","guarantee obligations. The target amount","shall be set at 35 % of the total EU","guarantee obligations.';","(b) paragraph 7 is replaced by the","following:","\u20187.","calls on the EU guarantee, the level of the","guarantee fund falls below 50 % of the","target amount, or it may fall below that","level within a year according to a risk","assessment by the Commission, the","Commission shall submit a report on","exceptional measures that may be","required.';","(c) paragraphs 8, 9 and 10 are","replaced by the following:","\u20188.","endowments to the guarantee fund","provided for in points (b) and (d) of","paragraph 2 above the target amount","shall be used within the limits of the","investment period provided for in Article 9","to restore the EU guarantee up to its full","amount.","9. Endowments to the guarantee","fund provided for in point (c) of","paragraph (2) shall be used to restore the","EU guarantee up to its full amount.","10. In the event that the EU guarantee is","fully restored up to an amount of EUR 26","000 000 000, any amount in the guarantee","","fund in excess of the target amount shall","be paid to the general budget of the Union","as internal assigned revenue in","accordance with Article 21(4) of","Regulation (EU, Euratom) No 966/2012","for any budget lines which may have been","used as a source of redeployment to the","guarantee fund.';"],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"87","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-88","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point i"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 1 \u2013 subparagraph 1 \u2013 second sentence"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:58"},"new":["\u2018Such support shall include providing","targeted support on the use of technical","assistance for project structuring and on","the use of innovative financial instruments,","taking into account the specificities and","needs of Member States with less-","developed financial markets.\u2019;"],"old":["\u2018Such support shall include providing","targeted support on the use of technical","assistance for project structuring, on the","use of innovative financial instruments and","on the use of public-private partnerships,","taking into account the specificities and","needs of Member States with less-","developed financial markets.';"],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"88","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Georgi Pirinski","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-89","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point i"],[" Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point c"]],"meps":[124855],"meta":{"created":"2019-07-03T06:09:58"},"new":["(c) leveraging local, regional and","national knowledge, collaborating closer","with Member States authorities and","focusing on building capacity in order to","facilitate the use of EFSI support across","the Union and contributing where possible","to the objective of sectorial and","geographical diversification of the EFSI","referred to in Section 8 of Annex II by","supporting the EIB to originate operations;"],"old":["(c) leveraging local knowledge to","facilitate EFSI support across the Union","","and contributing where possible to the","objective of sectorial and geographical","diversification of the EFSI referred to in","Section 8 of Annex II by supporting the","EIB to originate operations;;"],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"89","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Hannu Takkula","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-90","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point ii"],["Regulation (EU) No 2015/2017","Article 14 \u2013 paragraph 2 \u2013 point e"]],"meps":[28316],"meta":{"created":"2019-07-03T06:09:58"},"new":["(e) providing pro-active support on the","establishment of investment platforms with","a view to simultaneously supporting","smaller-scale projects, while bearing in","mind that the requirement of","innovativeness must be fulfilled;"],"old":["(e) providing pro-active support on the","establishment of investment platforms;"],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"90","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Georgi Pirinski","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-91","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point iii"],["Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point f"]],"meps":[124855],"meta":{"created":"2019-07-03T06:09:58"},"new":["(f) providing advice on the","complementarity of other sources of Union","funding (such as the European Structural","and Investment Funds, Horizon 2020 and","the Connecting Europe Facility) with the","EFSI.;"],"old":["(f) providing advice on the","combination of other sources of Union","funding (such as the European Structural","and Investment Funds, Horizon 2020 and","","the Connecting Europe Facility) with the","EFSI.;"],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"91","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Georgi Pirinski","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-92","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point d a (new)"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 9 a (new)"]],"meps":[124855],"meta":{"created":"2019-07-03T06:09:58"},"new":["(da) the following paragraph 9a is","inserted;","\"9a. In order to ensure that the EIAH","can perform its activities and contribute to","the objective of sectorial and geographical","diversification of the EFSI, the EIB may","submit to the Commission a justified","request for an increase of the EIAH's","budget.\""],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"92","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-93","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 a (new)"],[" Regulation (EU) No 2015/1017","Article 16 \u2013 paragraph 2"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:58"},"new":["\"(9a) Article 16(2) is amended as","follows:","2. The EIB shall submit a six-monthly","report to the European Parliament on","approved investment operations. The","report shall subsequently be made public","and accessible.","The report shall include:","(a) an assessment of EIB financing and","investment operations at sector, country","and regional levels and their compliance","with this Regulation, in particular with","regard to compliance with the","additionality criterion;","(c) an assessment of the extent to","which operations covered by this","Regulation contribute to the achievement","of the EU\u2019s general objectives, including","an assessment of the level of EFSI","investments in the areas of research,","development and innovation, transport,","telecommunications, energy infrastructure","and energy efficiency;","an assessment of the compliance","(e) an assessment of the real leverage","effect achieved by EFSI-supported","projects;","(f) a description of the projects where","the support of the European Structural and","Investment Funds is combined with the","support of the EFSI, and the total amount","of the contributions from each source;","(g) the financial amount transferred to","financial intermediaries and final","beneficiaries, analytical statistical data for","each funded project, including EFSI loan","transactions through financial","intermediaries and an assessment of EIB","financing and investment operations on a","disaggregated basis;","(ga) independent ex-ante and ex-post","assessments for each project, with a","detailed explanation of the indicators and","criteria used for selection and evaluation;","(gb) an assessment of the added value","of individual EIB financing and","investment operations, and of the","aggregate risk associated with those","operations;","(gc) the financial reports on EIB","financing and investment operations","covered by this Regulation audited by an","independent external auditor;","(h) an assessment of the added value of","EIB financing and investment operations,","and of the aggregate risk associated with","those operations;","(i) detailed information on calls on the","EU guarantee, losses, returns, amounts","recovered and any other payments","received;","(j) the financial reports on EIB","financing and investment operations","covered by this Regulation audited by an","independent external auditor.","Or. it","(http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2016:0597:FIN)"],"old":["\"2. The EIB, in cooperation with the","EIF where appropriate, shall submit an","annual report to the European Parliament","and to the Council on EIB financing and","","","investment operations covered by this","Regulation. The report shall be made","public and shall include:","(a) an assessment of EIB financing and","investment operations at operation, sector,","country and regional levels and their","compliance with this Regulation, in","particular with the criterion of providing","additionality, together with an assessment","of the allocation of EIB financing and","investment operations between the","general objectives set out in Article 9(2);","(b) an assessment of the added value,","the mobilisation of private sector","resources, the estimated and actual","outputs and the outcomes and impact of","EIB financing and investment operations","on an aggregated basis, including the","impact on employment creation;","(c) an assessment of the extent to","which operations covered by this","Regulation contribute to the achievement","of the general objectives set out in Article","9(2) including an assessment of the level of","EFSI investments in the areas of research,","development and innovation and transport","(including TEN-T and urban mobility),","telecommunications, energy infrastructure","and energy efficiency;","(d)","with the requirements concerning the use","of the EU guarantee and with the key","performance indicators referred to in","Article 4(2)(f)(iv);","(e) an assessment of the leverage effect","achieved by EFSI-supported projects;","(f) a description of the projects where","the support of the European Structural and","Investment Funds is combined with the","support of the EFSI, and the total amount","of the contributions from each source;","","","","(g) the financial amount transferred to","beneficiaries and an assessment of EIB","financing and investment operations on an","aggregated basis;","(h) an assessment of the added value of","EIB financing and investment operations,","and of the aggregate risk associated with","those operations;","(i) detailed information on calls on the","EU guarantee, losses, returns, amounts","recovered and any other payments","received;","(j) the financial reports on EIB","financing and investment operations","covered by this Regulation audited by an","independent external auditor.","",""],"peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"93","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Petri Sarvamaa","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-94","justification":"While the current proposal is important for political reasons, it doesn't respect the better\nregulation principles. The decision of a possible post2020 EFSI should be based on an\nassessment and analysis of the causes of the investment gap and the market needs and how to\nbest address them as well as of the complementarities with other programmes and financial\ninstruments funded by the EU budget and how best to avoid undesirable overlaps, as ECA\nnoted in its opinion.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10 \u2013 point a a (new) Regulation (EU) 2015/1017"]],"meps":[112611],"meta":{"created":"2019-07-03T06:09:58"},"new":["(aa) in paragraph 6 the following","subparagraph is added:","The report to be submitted by 30 June","2020 shall, where appropriate, be","accompanied by a legislative proposal to","amend this Regulation with a view to","either setting a new investment period,","addressing any flaws identified and","ensuring that strategic investment","continues at a sustainable level, or, where","the report concludes that maintaining a","scheme for supporting investment is not","warranted, ensuring a smooth termination","of the EFSI, while preserving the EU","guarantee for the operations already","approved under this Regulation. In","accordance with the Interinstitutional","Agreement of 13 April 2016 on Better","Law Making, such proposal shall be","accompanied by an impact assessment.;"],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"94","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Georgi Pirinski","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-95","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10 \u2013 point a a (new)"],["Regulation (EU) No 2015/1017","Article 18 \u2013 paragraph 7"]],"meps":[124855],"meta":{"created":"2019-07-03T06:09:58"},"new":["(aa) paragraph 7 is replaced by the","following:","\"7. In the event that the reports referred","to paragraph 6 conclude that the EFSI:","(a) is achieving its objectives and that","maintaining a scheme for supporting","investment is warranted, the Commission","shall where appropriate submit a legislative","proposal to amend this Regulation with a","view to setting a new investment period,","ensuring continuation of investments and","appropriate financing;","(b) is not achieving its objectives and","that maintaining a scheme for supporting","investment is warranted, the Commission","shall where appropriate submit a legislative","proposal to amend this Regulation with a","view to addressing the flaws identified,","setting the new investment period, ensuring","continuation of investment and appropriate","financing;\"","is not achieving its objectives and"],"old":["\u201c7. In the event that the report referred","to in paragraph 6 concludes that the EFSI:","(a) is achieving its objectives and that","maintaining a scheme for supporting","investment is warranted, the Commission","shall where appropriate submit a legislative","proposal to amend this Regulation with a","view to setting the new investment period,","ensuring continuation of investment and","appropriate financing;","(b) is not achieving its objectives and","that maintaining a scheme for supporting","investment is warranted, the Commission","shall where appropriate submit a legislative","proposal to amend this Regulation with a","view to addressing the flaws identified,","setting the new investment period, ensuring","continuation of investment and appropriate","financing;","(c)","that maintaining a scheme for supporting","investment is not warranted, the","Commission shall where appropriate","submit a legislative proposal to ensure a","smooth termination of the EFSI, while","preserving the EU guarantee for the","operations already approved under this","Regulation.\u201d"],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"95","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Ingeborg Gr\u00e4\u00dfle","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-96","justification":"According to the Opinion No 02/2016 of the European Court of Auditors, the future\ncontinuation, modification, or Termination of EFSI should be based on the results of an\nIndependent evaluation (paragraph 8 and 27).","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10 \u2013 point b"]],"meps":[28220],"meta":{"created":"2019-07-03T06:09:58"},"new":["deleted"],"old":["(b) paragraphs 7 and 8 are deleted.;"],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"96","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Georgi Pirinski","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-97","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10 \u2013 point b"],["Regulation (EU) No 2015/1017","Article 18 \u2013 paragraph 8"]],"meps":[124855],"meta":{"created":"2019-07-03T06:09:58"},"new":["(b) paragraph 8 is deleted.;"],"old":["(b) paragraphs 7 and 8 are deleted.;"],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"97","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Petri Sarvamaa","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-98","justification":" In its resolution (P8_TA(2016)0200) the Parliament emphasised that EFSI needs to function\n in an effective, fully transparent and fair way in line with the criteria of its mandate and\n regulation. Taking into account EFSI's complicated governance structure the right of access\n to information and data should be highlighted.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10 a (new)"],["Regulation (EU) 2015/1017","Article 19 \u2013 paragraph 1"]],"meps":[112611],"meta":{"created":"2019-07-03T06:09:58"},"new":["(10a) in Article 19, paragraph 1 is","replaced by the following:","\u201cIn accordance with general Union","principles on access to documents and","information, the EIB shall make publicly","available on its website information","relating to all EIB financing and","investment operations covered by this","Regulation, including on the role of","financial intermediaries, and relating to the","manner in which those operations","contribute to the general objectives set out","in Article 9(2).\u201d"],"old":["\u201cIn accordance with its transparency","policies and general Union principles on","access to documents and information, the","EIB shall make publicly available on its","website information relating to all EIB","financing and investment operations","covered by this Regulation, including on","the role of financial intermediaries, and","relating to the manner in which those","operations contribute to the general","objectives set out in Article 9(2).\u201d"],"orig_lang":"en","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"98","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Petri Sarvamaa","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-99","justification":" In its resolution (P8_TA(2016)0200) the Parliament emphasised that EFSI needs to function\n in an effective, fully transparent and fair way in line with the criteria of its mandate and\n regulation, and recommended close cooperation and overview of EFSI operations by\n Parliament and the European Court of Auditors.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 11 a (new)"],[" Regulation (EU) 2015/1017","Article 20 \u2013 paragraph 2"]],"meps":[112611],"meta":{"created":"2019-07-03T06:09:58"},"new":["(11a) in Article 20, paragraph 2 is","amended as follows:","\"2. For the purpose of paragraph 1 of","this Article, the Court of Auditors shall, at","its request and in accordance with Article","287(3) TFEU, be granted full access to any","document or information necessary to carry","out its task.\"","Or. en","(http://eur-lex.europa.eu/legal-","content/EN/TXT/PDF/?uri=CELEX:32015R1017&qid=1490348268704&from=EN)"],"old":["\"2. For the purpose of paragraph 1 of","this Article, the Court of Auditors shall, at","its request and in accordance with Article","287(3) TFEU, be granted access to any","document or information necessary to carry","out its task.\"","",""],"peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"99","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-100","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 13 Regulation (EU) No 2015/1017"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:59"},"new":["deleted"],"old":["(13) in Article 23(2), the first and","second sentences of the first","subparagraph are replaced by the","following","'The power to adopt delegated acts","referred to in Article 7(13) and (14) shall","be conferred on the Commission for a","period of five years from 4 July 2015. The","Commission shall draw up a report in","respect of the delegation of power not","later than nine months before the end of","the five-year period.';"],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"100","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-101","location":[["Proposal for a regulation","Article 2 \u2013 paragraph 1 \u2013 point 1"],["Regulation (EU) No 1316/2013","Article 5 \u2013 paragraph 1"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:59"},"new":["deleted","The financial envelope for the","transport sector: EUR 23 895 582","energy sector: EUR 5 005 075 000."],"old":["(1) in Article 5, paragraph 1 is","replaced by the following:","\u20181.","implementation of the CEF for the period","2014 to 2020 is set at EUR 29 992 259 000","in current prices. That amount shall be","distributed as follows:","(a)","000, of which EUR 11 305 500 000 shall","be transferred from the Cohesion Fund to","be spent in line with this Regulation","exclusively in Member States eligible for","funding from the Cohesion Fund;","(b) telecommunications sector: EUR 1","091 602 000;","","","(c)","These amounts are without prejudice to","the application of the flexibility","mechanism provided for under Council","Regulation (EU, Euratom) No","1311/2013(*).","________________","(*) Council Regulation (EU, Euratom) No","1311/2013 of 2 December 2013 laying","down the multiannual financial","framework for the years 2014-20 (OJ L","347, 20.12.2013, p. 884).\u2019."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"101","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-102","location":[[" Proposal for a regulation","Annex I \u2013 point 1 \u2013 point a"],[" Regulation (EU) No 2015/1017","Annex II \u2013 section 2 \u2013 point b \u2013 subparagraph 1 a (new)"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:59"},"new":["EFSI support to motorways and airports","shall be avoided, unless it is needed to","support private investment in transport in","cohesion countries or in cross-border","transport projects involving at least one","cohesion country."],"old":["EFSI support to motorways shall be","avoided, unless it is needed to support","private investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country.;"],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"102","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":" Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-103","location":[[" Proposal for a regulation","Annex I \u2013 point 1 \u2013 point b"],[" Regulation (EU) No 2015/1017","Annex II \u2013 section 2 \u2013 point c \u2013 second sentence"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:59"},"new":["deleted"],"old":["(b) in point (c), the second sentence is","replaced by the following:","'In this context, it is expected that the EIB","will provide finance under the EFSI with","a view to reach an overall target of at least","EUR 500 000 000 000 of public or private","investment, including financing mobilised","through the EIF under EFSI operations","relating to the instruments referred to in","Article 10(2)(b), national promotional","banks or institutions and increased access","to financing for entities having up to 3","000 employees.';"],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"103","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-104","location":[["Proposal for a regulation","Annex I \u2013 point 3"],["Regulation (EU) No 2015/1017","Annex II \u2013 section 5 \u2013 paragraph 1 a"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:59"},"new":["The scoreboard shall be made public as","soon as an operation under the EU","guarantee is signed."],"old":["The scoreboard shall be made public as","soon as an operation under the EU","guarantee is signed, with the exclusion of","commercially sensitive information.\u2019;"],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"104","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Marco Valli, Laura Agea","changes":{},"committee":["CONT"],"date":"2017-03-29T00:00:00","id":"PE602.793-105","location":[["Proposal for a regulation","Annex I \u2013 point 4 \u2013 point a \u2013 point i"],["Regulation (EU) 2015/1017","Annex II \u2013 section 6 \u2013 point b \u2013 indent 1 \u2013 first and second sentence"]],"meps":[124778,124811],"meta":{"created":"2019-07-03T06:09:59"},"new":["For debt type operations, the EIB or the","EIF shall carry out its standard risk","assessment, involving the computation of","the probability of default and the recovery","rate. Based on these parameters, the EIB or","the EIF shall quantify the risk for each","operation. This assessment shall then be","made public and accessible."],"old":["For debt type operations, the EIB or the","EIF shall carry out its standard risk","assessment, involving the computation of","the probability of default and the recovery","rate. Based on these parameters, the EIB or","the EIF shall quantify the risk for each","operation."],"orig_lang":"it","peid":"PE602.793v01-00","reference":"2016/0276(COD)","seq":"105","src":"http://www.europarl.europa.eu/doceo/document/CONT-AM-602793_EN.pdf"},{"authors":"Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-18","location":[["Proposal for a regulation","Recital 1"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:16"},"new":["(1) Since the Investment Plan for","Europe was presented in November 20143 ,","the conditions of Europe\u2019s economy have","remained largely unchanged. The Union","is now in its fourth year of moderate","recovery, with Gross Domestic Product","growing at 2% in 2015, but unemployment","rates remain above their pre-crisis levels.","Investment is expected to pick up gradually","throughout 2016 and 2017 but remains","below historical levels.","__________________","3","COM(2014) 903 final."],"old":["(1) Since the Investment Plan for","Europe was presented in November 20143 ,","the conditions for an uptake in investment","have improved and confidence in","Europe\u2019s economy and growth are","returning. The Union is now in its fourth","year of moderate recovery, with Gross","Domestic Product growing at 2% in 2015.","The comprehensive efforts initiated with","the Investment Plan are already","delivering concrete results, despite the","fact that macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up gradually","throughout 2016 and 2017 although it","remains below historical levels.","__________________","3","COM(2014) 903 final."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"18","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-19","location":[["Proposal for a regulation","Recital 1"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:16"},"new":["(1) Since the Investment Plan for","Europe was presented in November 20143,","the conditions for an uptake in investment","have not improved. Nor are we seeing a","return of confidence in Europe\u2019s economy","or of economic growth. Average GDP","growth across the Member States in 2015","was a very modest 2%. The comprehensive","efforts initiated with the Investment Plan","are not delivering concrete results.","Investment remains at historically low","levels.","__________________","3","COM(2014) 903 final. COM(2014) 903 final."],"old":["(1) Since the Investment Plan for","Europe was presented in November 20143,","the conditions for an uptake in investment","have improved and confidence in Europe\u2019s","economy and growth are returning. The","Union is now in its fourth year of","moderate recovery, with Gross Domestic","Product growing at 2% in 2015. The","comprehensive efforts initiated with the","","Investment Plan are already delivering","concrete results, despite the fact that","macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up","gradually throughout 2016 and 2017","although it remains below historical","levels.","__________________","3"],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"19","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Enrique Calvet Chambon, Jasenko Selimovic, Marian Harkin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-20","location":[[" Proposal for a regulation","Recital 1"]],"meps":[129407,134243,28116],"meta":{"created":"2019-07-03T06:19:16"},"new":["(1) Since the Investment Plan for","Europe was presented in November 20143 ,","the conditions for an uptake in investment","have improved and confidence in Europe\u2019s","economy and growth are returning. The","Union is now in its fourth year of moderate","recovery, with Gross Domestic Product","growing at 2% in 2015. The","comprehensive efforts initiated with the","Investment Plan are already delivering","concrete results, despite the fact that","macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up gradually","throughout 2016 and 2017 although the","pace is still timid and can be reversible,","and remains below pre-crisis levels.","__________________","3","COM(2014) 903 final. COM(2014) 903 final."],"old":["(1) Since the Investment Plan for","Europe was presented in November 20143 ,","the conditions for an uptake in investment","have improved and confidence in Europe\u2019s","economy and growth are returning. The","Union is now in its fourth year of moderate","recovery, with Gross Domestic Product","growing at 2% in 2015. The","comprehensive efforts initiated with the","Investment Plan are already delivering","concrete results, despite the fact that","macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up gradually","throughout 2016 and 2017 although it","remains below historical levels.","__________________","3"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"20","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Ulrike Trebesius","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-21","location":[["Proposal for a regulation","Recital 1"]],"meps":[124829],"meta":{"created":"2019-07-03T06:19:16"},"new":["(1) Since the Investment Plan for","Europe was presented in November 20143 ,","the conditions for an uptake in investment","have improved and confidence in Europe\u2019s","economy and growth are returning. The","Union is now in its fourth year of moderate","recovery, with Gross Domestic Product","growing at 2% in 2015. It is not yet","possible to estimate the real impact that","EFSI has had on growth as the","macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up gradually","throughout 2016 and 2017 although it","remains below historical levels.","__________________","3","COM(2014) 903 final."],"old":["(1) Since the Investment Plan for","Europe was presented in November 20143 ,","the conditions for an uptake in investment","have improved and confidence in Europe\u2019s","economy and growth are returning. The","Union is now in its fourth year of moderate","recovery, with Gross Domestic Product","growing at 2% in 2015. The","comprehensive efforts initiated with the","Investment Plan are already delivering","concrete results, despite the fact that","macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up gradually","throughout 2016 and 2017 although it","remains below historical levels.","__________________","3","COM(2014) 903 final."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"21","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-22","location":[["Proposal for a regulation","Recital 2"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:16"},"new":["(2) The Investment Plan does not","work and its mechanisms should not be","reinforced. The results of the Investment","Plan are impossible to evaluate owing to","the lack of relevant data, particularly as","regards the labour market."],"old":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","","investment situations remain."],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"22","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Ulrike Trebesius","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-23","location":[[" Proposal for a regulation","Recital 2"]],"meps":[124829],"meta":{"created":"2019-07-03T06:19:16"},"new":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. As it is yet","unclear if the mechanisms of the","Investment Plan work effectively,","considerations should only be given when","reliable statistics and data are available","and an external impact assessment is","undertaken in line with the principles of","better regulation. It is important to","continue the mobilisation of private","investments in all sectors that create","growth and jobs."],"old":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"23","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-24","location":[[" Proposal for a regulation","Recital 2"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:16"},"new":["(2) Efforts need to be continued to","bring investment back to a sustainable","trend. The mechanisms of the Investment","Plan should be adapted to ensure the","mobilisation of investments in sectors","important to Europe's future and where","market failures or sub-optimal investment","situations remain."],"old":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","","where market failures or sub-optimal","investment situations remain."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"24","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Enrique Calvet Chambon, Marian Harkin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-25","location":[["Proposal for a regulation","Recital 2"]],"meps":[129407,28116],"meta":{"created":"2019-07-03T06:19:16"},"new":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend reaching the","real economy. The mechanisms of the","Investment Plan work and should be","reinforced to continue the mobilisation of","private investments in sectors important to","Europe's future and where market failures","or sub-optimal investment situations","remain."],"old":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"25","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-26","location":[["Proposal for a regulation","Recital 3"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:16"},"new":["(3) On 1 June 2016 the Commission","issued a Communication entitled \u2018Europe","investing again \u2013 Taking stock of the","Investment Plan for Europe and next steps\u2019","outlining the achievements of the","Investment Plan so far and the envisaged","next steps, including the extension of the","European Fund for Strategic Investments","(EFSI) beyond its initial three-year period,","the scaling-up of the Small and Medium-","sized Enterprises (SME) Window within","the existing framework and the","enhancement of the European Investment","Advisory Hub (EIAH). That report lacked","any assessment of the impact the","Investment Plan has had on creating jobs,","particularly sustainable jobs."],"old":["(3) On 1 June 2016 the Commission","issued a Communication entitled \u2018Europe","investing again \u2013 Taking stock of the","Investment Plan for Europe and next steps\u2019","outlining the achievements of the","Investment Plan so far and the envisaged","next steps, including the extension of the","European Fund for Strategic Investments","(EFSI) beyond its initial three-year period,","the scaling-up of the Small and Medium-","","sized Enterprises (SME) Window within","the existing framework and the","enhancement of the European Investment","Advisory Hub (EIAH)."],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"26","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-27","location":[[" Proposal for a regulation","Recital 4"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:16"},"new":["(4) The market absorption has been","particularly quick under the SME Window","where the EFSI is delivering well beyond","expectations. In July 2016 the SME","Window was thus scaled-up by EUR 500","million within the existing parameters of","Regulation (EU) No 2015/1017. A larger","share of financing to be geared towards","SMEs given the exceptional market","demand for SME financing under the","EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs."],"old":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilizing","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME Window","where the EFSI is delivering well beyond","expectations. In July 2016 the SME","Window was thus scaled-up by EUR 500","million within the existing parameters of","Regulation (EU) No 2015/1017. A larger","share of financing to be geared towards","SMEs given the exceptional market","demand for SME financing under the","EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs."],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"27","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-28","location":[[" Proposal for a regulation","Recital 4"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:16"},"new":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, could reach","the objective of mobilising at least EUR","315 billion in investments in the real","economy by mid-2018, but concerns over","its true contribution and the additionality","of chosen projects remains. The market","absorption has been particularly quick","under the SME Window where the EFSI is","delivering well beyond expectations. In","July 2016 the SME Window was thus","scaled-up by EUR 500 million within the","existing parameters of Regulation (EU) No","2015/1017. A larger share of financing to","be geared towards SMEs given the","exceptional market demand for SME","financing under the EFSI: 40% of the","increased risk bearing capacity of the EFSI","should be geared towards increasing access","to financing for SMEs."],"old":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME Window","where the EFSI is delivering well beyond","expectations. In July 2016 the SME","Window was thus scaled-up by EUR 500","million within the existing parameters of","Regulation (EU) No 2015/1017. A larger","share of financing to be geared towards","SMEs given the exceptional market","demand for SME financing under the","EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"28","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-29","location":[["Proposal for a regulation","Recital 5"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:16"},"new":["deleted"],"old":["(5) On 28 June 2016, the European","Council concluded that \"The Investment","Plan for Europe, in particular the","European Fund for Strategic Investments","(EFSI), has already delivered concrete","results and is a major step to help","mobilise private investment while making","smart use of scarce budgetary resources.","The Commission intends to soon put","forward proposals on the future of the","EFSI, which should be examined as a","matter of urgency by the European","Parliament and the Council.\""],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"29","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-30","location":[[" Proposal for a regulation","Recital 6"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:16"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its failure and the","impossibility of reliably evaluating its","results, its duration should not be extended","and its financial capacity should not be","increased."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration and","financial capacity. The legal extension","covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI","even further and reach the aim of","doubling the investment target, Member","States should also contribute as a matter","of priority."],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"30","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Ulrike Trebesius","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-31","location":[[" Proposal for a regulation","Recital 6"]],"meps":[124829],"meta":{"created":"2019-07-03T06:19:16"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. The current amount of the","EFSI guarantee is sufficient to fund","activities in 2017 and 2018 except for the","SMEW 1a. Given the lack of sufficient","data on the tangible impact of EFSI on","growth and jobs, EFSI should continue to","operate within the current parameters","until an independent evaluation is","available. Only for the SMEW an increase","can be justified.","__________________","1a Court of Auditors Opinion No 2/2016."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration","and financial capacity. The legal","extension covers the period of the current","","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI","even further and reach the aim of","doubling the investment target, Member","States should also contribute as a matter","of priority."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"31","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Enrique Calvet Chambon, Jasenko Selimovic","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-32","location":[["Proposal for a regulation","Recital 6"]],"meps":[129407,134243],"meta":{"created":"2019-07-03T06:19:16"},"new":["(6) The EFSI was established, as an","emergency plan, for an initial period of","three years and with the aim of mobilising","at least EUR 315 billion in investments.","Given its success, the Commission is","committed to the doubling of the EFSI,","both in terms of duration and financial","capacity. The legal extension covers the","period of the current Multiannual Financial","Framework and should provide a total of at","least half a trillion euro investments by","2020. In order to enhance the firepower of","the EFSI even further and reach the aim of","doubling the investment target, Member","States should also contribute as a matter of","priority."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration and","financial capacity. The legal extension","covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"32","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-33","location":[[" Proposal for a regulation","Recital 6"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:17"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. The Commission is","committed to the doubling of the EFSI,","both in terms of duration and financial","capacity. The legal extension covers the","period of the current Multiannual Financial","Framework and should provide a total of at","least half a trillion euro investments by","2020. In order to enhance the firepower of","the EFSI even further and reach the aim of","doubling the investment target, Member","States should also contribute as a matter of","priority."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration and","financial capacity. The legal extension","covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"33","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-34","location":[[" Proposal for a regulation","Recital 7"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:17"},"new":["deleted"],"old":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that","strategic investment will continue at a","sustainable level."],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"34","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Enrique Calvet Chambon, Jasenko Selimovic","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-35","location":[[" Proposal for a regulation","Recital 7"]],"meps":[129407,134243],"meta":{"created":"2019-07-03T06:19:17"},"new":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that strategic","investment will continue at a sustainable","level. A comprehensive impact assessment","should be made by the Commission to","justify a future proposal."],"old":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that strategic","investment will continue at a sustainable","level."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"35","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-36","location":[["Proposal for a regulation","Recital 8"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:17"},"new":["deleted"],"old":["(8) The extended EFSI should address","remaining market failures and sub-","optimal investment situations and","continue to mobilise private sector","financing in investments crucial for","Europe\u2019s future job creation \u2013 including","for the youth \u2013, growth and","competitiveness with strengthened","additionality. They include investments in","the areas of energy, environment and","climate action, social and human capital","and related infrastructure, healthcare,","research and innovation, cross-border","and sustainable transport, as well as the","digital transformation. In particular, the","contribution of operations supported by","the EFSI to achieving the Union's","ambitious targets set at the Paris Climate","Conference (COP21) should be","reinforced. Energy interconnection","priority projects and energy efficiency","projects should also be increasingly","targeted. In addition, EFSI support to","motorways should be avoided, unless it is","needed to support private investment in","transport in cohesion countries or in","","cross-border transport projects involving","at least one cohesion country. For reasons","of clarity, although they are already","eligible, it should be explicitly laid down","that projects in the fields of agriculture,","fishery and aquaculture come within the","general objectives eligible for EFSI","support."],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"36","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-37","location":[[" Proposal for a regulation","Recital 8"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:17"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations crucial for Europe\u2019s","future job creation \u2013 including for the","youth \u2013, growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","research and innovation, cross-border and","sustainable transport, as well as the digital","transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Renewable","energy projects and energy efficiency","projects should also be increasingly","targeted. In addition, EFSI support to large","infrastructure projects should only be","carried out after a wide public","consultation, particularly when the","project involves private investors. For","reasons of clarity, although they are","already eligible, it should be explicitly laid","down that projects in the fields of","agriculture, fishery and aquaculture come","within the general objectives eligible for","EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"37","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Sofia Ribeiro","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-38","location":[["Proposal for a regulation","Recital 8"]],"meps":[124733],"meta":{"created":"2019-07-03T06:19:17"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","the social economy, healthcare, research","and innovation, cross-border and","sustainable transport, as well as the digital","transformation. Energy interconnection","priority projects and energy efficiency","projects should also be increasingly","targeted. In addition, EFSI support to","motorways should be avoided, unless it is","needed to support private investment in","transport in cohesion countries or in cross-","border transport projects involving at least","one cohesion country. For reasons of","clarity, although they are already eligible,","it should be explicitly laid down that","projects in the fields of agriculture, fishery","and aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular,","the contribution of operations supported","by the EFSI to achieving the Union's","ambitious targets set at the Paris Climate","Conference (COP21) should be","reinforced. Energy interconnection priority","projects and energy efficiency projects","should also be increasingly targeted. In","addition, EFSI support to motorways","should be avoided, unless it is needed to","support private investment in transport in","cohesion countries or in cross-border","transport projects involving at least one","cohesion country. For reasons of clarity,","although they are already eligible, it should","be explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","","","objectives eligible for EFSI support."],"orig_lang":"pt","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"38","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Enrique Calvet Chambon, Jasenko Selimovic, Marian Harkin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-39","location":[[" Proposal for a regulation","Recital 8"]],"meps":[129407,134243,28116],"meta":{"created":"2019-07-03T06:19:17"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","sustainable growth and development and","competitiveness with strengthened","additionality. They include investments in","the areas of energy, environment and","climate action, social and human capital","and related cross-cutting infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation, areas which","have the highest GDP economic","multipliers in order to strengthen","economic, social and territorial cohesion.","In particular, the contribution of operations","supported by the EFSI to achieve the","Union's ambitious targets set at the Paris","Climate Conference (COP21) and by","Europe 2020 Strategy, especially those","that tackle unemployment and","inequalities, should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. For reasons of","clarity, although they are already eligible,","it should be explicitly laid down that","projects in the fields of agriculture, fishery,","aquaculture and technologies related to","security and defence industries, come","within the general objectives eligible for","EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support.","",""],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"39","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Agnes Jongerius, Emilian Pavel, Elena Gentile, Brando Benifei, Jutta Steinruck, Javi L\u00f3pez, Georgi Pirinski, Maria Arena, Ole Christensen, Alex Mayer, Vilija Blinkevi\u010di\u016bt\u0117, Claudiu Ciprian T\u0103n\u0103sescu","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-40","location":[["Proposal for a regulation","Recital 8"]],"meps":[125021,129256,124847,124867,96831,125042,124855,124936,28154,185637,96681,96847],"meta":{"created":"2019-07-03T06:19:17"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future","quality job creation \u2013 including for the","youth \u2013, inclusive growth and","competitiveness, enhancing the social and","employment impact, with strengthened","additionality. They include investments in","the areas of energy, environment and","climate action, social and human capital","and related infrastructure, healthcare,","research and innovation, cross-border and","sustainable transport, as well as the digital","transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. Moreover, social","infrastructure related projects should be","highly targeted. In addition, EFSI support","to motorways should be avoided, unless it","is needed to support private investment in","transport in cohesion countries or in cross-","border transport projects involving at least","one cohesion country. For reasons of","clarity, although they are already eligible,","it should be explicitly laid down that","projects in the fields of agriculture, fishery","and aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support.",""],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"40","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Alex Mayer","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-41","location":[[" Proposal for a regulation","Recital 8"]],"meps":[185637],"meta":{"created":"2019-07-03T06:19:17"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. The mobilised","private sector finance should fully","integrate Environmental Social and","Governance (ESG) factors into","investment strategies. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support.",""],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"41","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Monika Vana on behalf of the Verts/ALE Group","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-42","justification":" Since the onset of the economic crisis, poverty and social exclusion has grown in Europe to\n over 120 million people; leading to higher demand for social services. Furthermore, demand\n has also increased due to an ageing population requiring quality care services, changing\n family patterns requiring increased provision of childcare services and the transition to\n community-based services. These trends are expected to continue over the next few decades.\n A failure to provide people in Europe with high quality social services would lead to further\n poverty and social exclusion, inequalities, and unemployment; with a consequent impact on\n the European economy and quality of life. Investing into social services will help to\n strengthen the backbone of society, supporting each person to have a decent quality of life.\n Yet only too often are Social Services unable to gain access to loans from private investors\n due to a perceived high risk as highlighted in EASPD\u2019s study. The EFSI could support\n investment into projects such as building quality community-based housing infrastructure,\n training of staff, building accessible and inclusive schools built on universal design\n principles, integrated services infrastructure in the community, testing innovative\n developments and many others. Investing in social investment and human capital development\n should be a priority to support economic recovery and tackle poverty and social exclusion in\n Europe.","location":[["Proposal for a regulation","Recital 8"]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:17"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe's future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support. Given","the very high rates of poverty and social","exclusion in Europe, the operations","supported by the EFSI to tackling this","issue should be reinforced. Further given","the significant need for investment into","social infrastructure, projects in the fields","of social services, healthcare services,","education and social housing come within","the general objectives eligible for EFSI","support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support.",""],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"42","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Enrique Calvet Chambon, Jasenko Selimovic, Ivo Vajgl, Marian Harkin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-43","location":[[" Proposal for a regulation","Recital 8 a (new)"]],"meps":[129407,134243,97019,28116],"meta":{"created":"2019-07-03T06:19:17"},"new":["(8a) In addition, it is appropriate to","reinforce the social dimension of the","EFSI implementation such as education,","training and vocational training for skills","and lifelong learning, innovation in","healthcare and medicines, social services,","social housing and childcare."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"43","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Ulrike Trebesius","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-44","location":[["Proposal for a regulation","Recital 9"]],"meps":[124829],"meta":{"created":"2019-07-03T06:19:17"},"new":["(9) Additionality, a key feature of the","EFSI, needs to be defined more clearly","and should be strengthened in the selection","of projects. In particular, operations should","only be eligible for EFSI support if they","address clearly identified market failures or","sub-optimal investment situations.","Operations in infrastructure under the","Infrastructure and Innovation Window","linking two or more Member States,","including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"44","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Monika Vana on behalf of the Verts/ALE Group","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-45","location":[["Proposal for a regulation","Recital 9 a (new)"]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:17"},"new":["(9a) The EFSI should operate in closer","conjunction with the Structural Funds","and other EU cohesion policy funds.","EFSI must not, however, in any way","substitute the EU's cohesion policy."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"45","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Monika Vana on behalf of the Verts/ALE Group","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-46","location":[[" Proposal for a regulation","Recital 9 b (new)"]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:17"},"new":["(9b) The EFSI should neither","contradict the achievements of the","European Social Fund (ESF), the EU's","cohesion policy, especially the","achievements of the European Structural","and Investment Funds (ESIF), nor","contradict the goals of the Europe 2020","strategy."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"46","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-47","location":[[" Proposal for a regulation","Recital 10"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:17"},"new":["deleted"],"old":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","blending operations combining non-","reimbursable forms of support and/or","financial instruments from the Union","budget, such as those available under the","Connecting Europe Facility, and","financing from EIB Group, including","EIB financing under the EFSI, as well as","other investors should be encouraged.","Blending aims to enhance the value added","of Union spending by attracting","additional resources from private","investors and to ensure the actions","supported become economically and","financially viable."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"47","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Sofia Ribeiro","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-48","location":[["Proposal for a regulation","Recital 10"]],"meps":[124733],"meta":{"created":"2019-07-03T06:19:18"},"new":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","blending operations combining non-","reimbursable forms of support and/or","financial instruments from the Union","budget, and financing from EIB Group,","including EIB financing under the EFSI, as","well as other investors should be","encouraged. Blending aims to enhance the","value added of Union spending by","attracting additional resources from private","investors and to ensure the actions","supported become economically and","financially viable."],"old":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","blending operations combining non-","reimbursable forms of support and/or","financial instruments from the Union","budget, such as those available under the","Connecting Europe Facility, and financing","from EIB Group, including EIB financing","under the EFSI, as well as other investors","should be encouraged. Blending aims to","enhance the value added of Union","spending by attracting additional resources","from private investors and to ensure the","actions supported become economically","and financially viable."],"orig_lang":"pt","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"48","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Ulrike Trebesius","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-49","location":[["Proposal for a regulation","Recital 10"]],"meps":[124829],"meta":{"created":"2019-07-03T06:19:18"},"new":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","blending operations combining non-","reimbursable forms of support and/or","financial instruments from the Union","budget, such as those available under the","Connecting Europe Facility, and financing","from EIB Group, including EIB financing","under the EFSI, as well as other investors","should be encouraged. Blending aims to","enhance the value added of Union","spending by attracting additional resources","from private investors and to ensure the","actions supported become economically","and financially viable, while the rules of","co-financing need to be respected."],"old":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","blending operations combining non-","reimbursable forms of support and/or","financial instruments from the Union","budget, such as those available under the","Connecting Europe Facility, and financing","from EIB Group, including EIB financing","under the EFSI, as well as other investors","should be encouraged. Blending aims to","enhance the value added of Union","","spending by attracting additional resources","from private investors and to ensure the","actions supported become economically","and financially viable."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"49","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-50","location":[[" Proposal for a regulation","Recital 10 a (new)"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:18"},"new":["(10a) At the end of the term of the EFSI,","the Commission should present a report","showing the Fund\u2019s results, particularly","in the area of job creation. Reliable and","relevant data should be collected and","analysed."],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"50","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Ulrike Trebesius","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-51","location":[[" Proposal for a regulation","Recital 11"]],"meps":[124829],"meta":{"created":"2019-07-03T06:19:18"},"new":["(11) In less-developed and transition","regions greater advice and guidance must","be given in order to facilitate and","reinforce the take-up of EFSI."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general","objectives eligible for EFSI support","should be enlarged."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"51","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Enrique Calvet Chambon, Marian Harkin, Ivo Vajgl, Jasenko Selimovic","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-52","location":[["Proposal for a regulation","Recital 11"]],"meps":[129407,28116,97019,134243],"meta":{"created":"2019-07-03T06:19:18"},"new":["(11) In order to reinforce the take-up of","the EFSI, particularly in European areas","with high levels of unemployment and in","less-developed and transition areas, the","scope of the general objectives eligible for","EFSI support should be enlarged."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"52","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-53","location":[["Proposal for a regulation","Recital 11"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:18"},"new":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged and technical and administrative","support to these regions should be","enhanced. Regional cohesion should","become a transversal goal of EFSI in","order to obtain a balanced selection of","projects."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"53","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Agnes Jongerius, Emilian Pavel, Elena Gentile, Brando Benifei, Si\u00f4n Simon, Jutta Steinruck, Javi L\u00f3pez, Georgi Pirinski, Maria Arena, Ole Christensen, Alex Mayer, Vilija Blinkevi\u010di\u016bt\u0117, Claudiu Ciprian T\u0103n\u0103sescu","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-54","location":[["Proposal for a regulation","Recital 11"]],"meps":[125021,129256,124847,124867,124948,96831,125042,124855,124936,28154,185637,96681,96847],"meta":{"created":"2019-07-03T06:19:18"},"new":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged, and a strategy for the better","promotion of EFSI financing, capacity","building and local technical assistance in","the above mentioned regions should be","developed and duly implemented."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"54","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-55","location":[[" Proposal for a regulation","Recital 11 a (new)"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:18"},"new":["(11a) Social cohesion should become an","explicit goal of EFSI management. This","should be achieved by targeting","investments to those regions with highest","levels of unemployment or poverty, and by","ensuring workers engaged are employed","in compliance with the social rights","recognised by the EU Charter of","Fundamental Rights and in line with the","principles of the European Social","Charter, as well as the relevant labour law","or collective agreements of the respective","Member States."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"55","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Enrique Calvet Chambon, Marian Harkin, Ivo Vajgl, Jasenko Selimovic","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-56","location":[[" Proposal for a regulation","Recital 11 a (new)"]],"meps":[129407,28116,97019,134243],"meta":{"created":"2019-07-03T06:19:18"},"new":["(11a) The initial results reveal that","Member States with greater technical and","administrative capacity as well as","financial institutions are taking greater","advantage of the EFSI. In order to","enhance the capacity of some countries in","taking advantage of the EFSI, the EIB","and the Commission should work further","to support those lagging behind."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"56","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-57","location":[["Proposal for a regulation","Recital 12"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:18"},"new":["(12) For the full investment period, the","Union should provide a Union guarantee","(the 'EU guarantee') which should not, at","any time, exceed EUR 16 000 000 000 in","order to enable the EFSI to support","investments."],"old":["(12) For the full investment period, the","Union should provide a Union guarantee","(the 'EU guarantee') which should not, at","any time, exceed EUR 26 000 000 000 in","order to enable the EFSI to support","investments, of which a maximum of EUR","16 000 000 000 should be available prior","to 6 July 2018."],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"57","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-58","location":[["Proposal for a regulation","Recital 13"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:18"},"new":["deleted"],"old":["(13) It is expected that when the EU","guarantee is combined with the EUR 7","500 000 000 to be provided by the EIB,","","the EFSI support should generate EUR","100 000 000 000 additional investment by","the EIB and EIF. The amount of EUR","100 000 000 000 supported by the EFSI is","expected to generate at least EUR 500 000","000 000 of additional investment in the","real economy by the end of 2020."],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"58","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-59","location":[[" Proposal for a regulation","Recital 13"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:18"},"new":["deleted"],"old":["(13) It is expected that when the EU","guarantee is combined with the EUR 7","500 000 000 to be provided by the EIB,","the EFSI support should generate EUR","100 000 000 000 additional investment by","the EIB and EIF. The amount of EUR","100 000 000 000 supported by the EFSI is","expected to generate at least EUR 500 000","000 000 of additional investment in the","real economy by the end of 2020."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"59","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-60","location":[[" Proposal for a regulation","Recital 14"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:19"},"new":["deleted"],"old":["(14) In order to partly finance the","contribution from the general budget of","the Union to the EU guarantee fund for","the additional investments to be made, a","transfer should be made from the","available envelope of the Connecting","","Europe Facility (CEF), provided for in","Regulation (EU) No 1316/2013 of the","European Parliament and of the","Council4. Moreover, EUR 1 145 797 000","of appropriations should be transferred","from the CEF financial instruments to the","grant part of the CEF with a view to","facilitating blending with the EFSI or to","other relevant instruments, in particular","those dedicated to energy efficiency.","__________________","4Regulation (EU) No 1316/2013 of the","European Parliament and of the Council","of 11 December 2013 establishing the","Connecting Europe Facility, amending","Regulation (EU) No 913/2010 and","repealing Regulations (EC) No 680/2007","and (EC) No 67/2010, OJ L 348, 12.2013,","p. 129."],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"60","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-61","location":[["Proposal for a regulation","Recital 14"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:19"},"new":["(14) In order to partly finance the","contribution from the general budget of the","Union to the EU guarantee fund for the","additional investments to be made without","affecting other EU priorities, only unused","budgetary lines within the current MFF","may be reallocated to the EFSI guarantee.","__________________","4","Regulation (EU) No 1316/2013 of the","European Parliament and of the Council of","11 December 2013 establishing the","Connecting Europe Facility, amending","Regulation (EU) No 913/2010 and","repealing Regulations (EC) No 680/2007","and (EC) No 67/2010, OJ L 348, 12.2013,","p. 129."],"old":["(14) In order to partly finance the","contribution from the general budget of the","Union to the EU guarantee fund for the","additional investments to be made, a","transfer should be made from the","available envelope of the Connecting","Europe Facility (CEF), provided for in","Regulation (EU) No 1316/2013 of the","European Parliament and of the","Council4. Moreover, EUR 1 145 797 000","of appropriations should be transferred","from the CEF financial instruments to the","grant part of the CEF with a view to","facilitating blending with the EFSI or to","other relevant instruments, in particular","those dedicated to energy efficiency.","","__________________","4","Regulation (EU) No 1316/2013 of the","European Parliament and of the Council of","11 December 2013 establishing the","Connecting Europe Facility, amending","Regulation (EU) No 913/2010 and","repealing Regulations (EC) No 680/2007","and (EC) No 67/2010, OJ L 348, 12.2013,","p. 129."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"61","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Ulrike Trebesius","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-62","location":[[" Proposal for a regulation","Recital 15"]],"meps":[124829],"meta":{"created":"2019-07-03T06:19:19"},"new":["(15) As there is still insufficient","experience acquired with the investments","supported by the EFSI, the enlargement","and extension of the scope of EFSI","including the addition of new political","goals may affect the quality of projects.","Therefore the target amount of the","guarantee fund should be left at 50% of the","total EU guarantee obligations ensuring an","adequate level of protection. Only after a","thorough external evaluation on risk","management is concluded can a decrease","be justified."],"old":["(15) On the basis of the experience","acquired with the investments supported by","the EFSI, the target amount of the","guarantee fund should be brought to 35 %","of the total EU guarantee obligations","ensuring an adequate level of protection."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"62","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Monika Vana on behalf of the Verts/ALE Group","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-63","justification":"The European Investment Bank has an understanding of social enterprises which differs to\nthe European Union understanding and would consequently lead to the exclusion of social\nservices; one of the biggest job creating sectors in Europe. Additionally, although there are\noften strong similarities between Social Enterprises and Social Services (even an overlap in\nsome countries), legal frameworks and financial needs differ. Mechanisms developed by the\nEIB to support social enterprises \u2013mostly based on equity funding- would not be adequate nor\nbeneficial to the majority of social services; where a loans-based system geared to the sectors\nneeds would be far more effective in taking advantage of the sector\u2019s significant growth\npotential and its impact on the social inclusion of millions in Europe. It is also important to\nnote that a loans-based system would only be effective for specific projects in social services\nand that public funding should continue to remain the biggest source of funding to ensure\nboth sustainability and continuity of the public service provided; through a well-trained and\npaid workforce.","location":[[" Proposal for a regulation","Recital 16"]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:19"},"new":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises and social services, including","through the development and deployment","of new instruments adequate for the","sector's needs and specificities."],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"63","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Agnes Jongerius, Elena Gentile, Brando Benifei, Jutta Steinruck, Georgi Pirinski, Maria Arena, Ole Christensen, Vilija Blinkevi\u010di\u016bt\u0117, Emilian Pavel, Claudiu Ciprian T\u0103n\u0103sescu","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-64","location":[["Proposal for a regulation","Recital 17"]],"meps":[125021,124847,124867,96831,124855,124936,28154,96681,129256,96847],"meta":{"created":"2019-07-03T06:19:19"},"new":["(17) The EIB and the EIF should ensure","that all the final beneficiaries are duly","informed of the existence of EFSI support,","so as to enhance the visibility of the EU","guarantee granted under Regulation (EU)","2015/1017."],"old":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"64","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Enrique Calvet Chambon, Marian Harkin, Ivo Vajgl, Jasenko Selimovic","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-65","location":[[" Proposal for a regulation","Recital 17 a (new)"]],"meps":[129407,28116,97019,134243],"meta":{"created":"2019-07-03T06:19:19"},"new":["(17a) Major information campaigns in","Member States must be put in place to","strengthen dialogue with national and","local authorities which would allow to","increase private investment and avoid","regional and sectorial concentration."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"65","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Agnes Jongerius, Emilian Pavel, Elena Gentile, Vilija Blinkevi\u010di\u016bt\u0117, Ole Christensen, Maria Arena, Georgi Pirinski, Javi L\u00f3pez, Brando Benifei, Claudiu Ciprian T\u0103n\u0103sescu","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-66","location":[[" Proposal for a regulation","Recital 18"]],"meps":[125021,129256,124847,96681,28154,124936,124855,125042,124867,96847],"meta":{"created":"2019-07-03T06:19:19"},"new":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion,","as well as performance indicators such as","quality job creation, both direct and","indirect. The scoreboard of indicators","should be made public once an operation","under the EU guarantee is signed."],"old":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is signed."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"66","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Monika Vana on behalf of the Verts/ALE Group","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-67","justification":"The Paris Agreement should prompt the EU to strengthen its climate change mitigation\nefforts. Ending public financial support for high carbon road transport and refocusing it on\nmeasures enhancing low carbon mobility alternatives is fundamental for the credibility of\npublic financial regulations and institutions. On the additionality issue, all projects shall be\nsubject to the assessment of additionality without exceptions as a matter of transparency and\naccountability. The Commission\u2019s proposal to define all \u201ccross-border\u201d projects as\n\u201cadditional\u201d and thus making any cross border infrastructure project eligible for EFSI\nsupport undermines the essence of additionality and hands-out a blank cheque for any kind of\ncross-border project without assessing the project\u2019s merits. On transparency, for each project\napproved under EFSI, standard project information needs to be published on the EIB website\nalongside the results of the 4 pillars assessment (the scoreboard) disclosed immediately after\napproval by the EIB Board. The Commission\u2019s proposal to disclose project scoreboard after\nsignature falls short of tackling this issue, as signature of projects may take months and even\nyears following EIB\u2019s approval and is also inconsistent with the EU law which does not\nestablish such limitation to the general right to public access to EU documents.","location":[["Proposal for a regulation","Recital 18"]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:19"},"new":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is approved."],"old":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is signed."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"67","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Enrique Calvet Chambon, Marian Harkin, Ivo Vajgl, Jasenko Selimovic","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-68","location":[["Proposal for a regulation","Recital 18"]],"meps":[129407,28116,97019,134243],"meta":{"created":"2019-07-03T06:19:19"},"new":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is signed. Particular","attention should be given to job creation","and social investment in people's current","and future capacities to engage in the","labour market, using clear socio-","economic indicators."],"old":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is signed."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"68","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Enrique Calvet Chambon, Marian Harkin, Jasenko Selimovic","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-69","location":[[" Proposal for a regulation","Recital 18 a (new)"]],"meps":[129407,28116,134243],"meta":{"created":"2019-07-03T06:19:19"},"new":["(18a) New figures and updates should be","released regularly, including independent","assessments drawing on the experience","collected so far. Targets should be set in","terms of objectives relating to growth and","jobs."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"69","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Alex Mayer","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-70","location":[[" Proposal for a regulation","Recital 19"]],"meps":[185637],"meta":{"created":"2019-07-03T06:19:19"},"new":["(19) The operations supported by the","EFSI should adhere to the Union's","principles of tax good governance and the","broader strategy on sustainable finance."],"old":["(19) The operations supported by the","EFSI should adhere to the Union's","principles of tax good governance."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"70","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Monika Vana on behalf of the Verts/ALE Group","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-71","justification":"The EU Social Acquis are an important part of what makes up the social market economy in\nEurope and must be taken into account in all European legislation, in particular when it\ncomes to the financing of projects. The European Commission launched on 3rd March 2016 a\nStaff Working Document on the EU social acquis.","location":[["Proposal for a regulation","Recital 19"]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:19"},"new":["(19) The operations supported by the","EFSI should adhere to the Union's","principles of tax good governance and its","social acquis."],"old":["(19) The operations supported by the","EFSI should adhere to the Union's","principles of tax good governance."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"71","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-72","location":[["Proposal for a regulation","Recital 21"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:19"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States. Notwithstanding its objective to","build upon existing advisory services of the","EIB and the Commission, so to act as a","single technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","","","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"72","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Sofia Ribeiro","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-73","location":[[" Proposal for a regulation","Recital 21"]],"meps":[124733],"meta":{"created":"2019-07-03T06:19:19"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements, with a particular focus on","the outermost regions (ORs), bearing in","mind the provisions of Article 349 of the","Treaty on the Functioning of the","European Union, the added difficulty","associated with investment that has been","recorded in these regions and their","potential in the fields of the green and","blue economies. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21, in","particular those which make a sustained","contribution to job creation and","sustainable growth or include projects","with the ORs, bearing in mind their","potential in the fields of the green and","blue economies. Notwithstanding its","objective to build upon existing advisory","services of the EIB and the Commission,","so to act as a single technical advisory hub","for project financing within the Union, the","EIAH should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"pt","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"73","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Anne Sander","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-74","location":[["Proposal for a regulation","Recital 21"]],"meps":[24594],"meta":{"created":"2019-07-03T06:19:19"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States, cross-border projects and projects","that contribute to achieving the objectives","of COP21. Notwithstanding its objective to","build upon existing advisory services of the","EIB and the Commission, so to act as a","single technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms,","particularly multi-country platforms for","promoting cross-border projects or a","group of projects across Member States,","and provide advice on the combination of","other sources of Union funding with the","EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"74","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Monika Vana on behalf of the Verts/ALE Group","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-75","justification":"This reiterates what is said in previous amendments on the importance of EFSI contributing\nmore to tackling poverty and social exclusion in Europe. The EASPD Study on Unlocking the\nEFSI for social services clearly demonstrated that the language gap between the EFSI\nmechanism and the needs and specificities of the social services was one of the biggest\nbarriers. Developing sector specific investment platforms at national/regional level, involving\nrelevant stakeholders, could help to unlock the EFSI for sectors which have had little take-up\nsince now.","location":[[" Proposal for a regulation","Recital 21"]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:20"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21 and the","Europe 2020 strategy, including tackling","poverty and social exclusion.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms,","including sectorial ones, and provide","advice on the combination of other sources","of Union funding with the EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"75","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Enrique Calvet Chambon, Marian Harkin, Jasenko Selimovic","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-76","location":[["Proposal for a regulation","Recital 21"]],"meps":[129407,28116,134243],"meta":{"created":"2019-07-03T06:19:20"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21 and of","Europe 2020 strategy. Notwithstanding its","objective to build upon existing advisory","services of the EIB and the Commission,","so to act as a single technical advisory hub","for project financing within the Union, the","EIAH should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"76","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Alex Mayer","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-77","location":[[" Proposal for a regulation","Recital 21"]],"meps":[185637],"meta":{"created":"2019-07-03T06:19:20"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","When providing advisory services, the","EIAH should take due regard of the","Equator Principles on managing","environmental and social risk. It should","also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"77","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Enrique Calvet Chambon, Jasenko Selimovic","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-78","location":[[" Proposal for a regulation","Recital 22 a (new)"]],"meps":[129407,134243],"meta":{"created":"2019-07-03T06:19:20"},"new":["(22a) A precise quali-quantitative","analysis of the results should be published","by 2018 at the latest with a special focus","on the number of jobs created and the","impacts of EFSI investments on direct","and indirect jobs."],"old":[""],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"78","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Sofia Ribeiro","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-79","location":[["Proposal for a regulation","Article 1 \u2013paragraph 1 \u2013 point - 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They should be addressed here as well.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 3"],[" Regulation (EU) 2015/1017","Article 6 \u2013 paragraph 1 \u2013 introductory part"]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:20"},"new":["1. The EFSI Agreement shall provide","that the EFSI is to support projects which","address market failures or sub-optimal","investment situations or have need for","high investment to improve delivery on","Union policies and which:"],"old":["1. 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The EFSI Agreement shall provide","that the EFSI is to support projects which","address market failures or sub-optimal","investment situations and which:;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"87","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Monika Vana on behalf of the Verts/ALE Group","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-88","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 3 a (new)"],["Regulation (EU) 2015/1017","Article 6 \u2013 paragraph 1 \u2013 point b"]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:20"},"new":["(3a) In Article 6(1), point (b) is","replaced by the following:","(b) are consistent with Union policies,","including the objective of smart,","sustainable and inclusive growth, quality","job creation, and economic, social and","territorial cohesion parallel to the funding","criteria of the European Social Fund;"],"old":["(b) are consistent with Union policies,","including the objective of smart,","sustainable and inclusive growth, quality","job creation, and economic, social and","","territorial cohesion;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"88","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Krzysztof Hetman","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-89","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point -a (new)"],[" Regulation (EU) 2015/1017","Article 7 \u2013 paragraph 3 \u2013 subparagraph 1"]],"meps":[124895],"meta":{"created":"2019-07-03T06:19:21"},"new":["(-a) Article 7(3) is replaced by the","following:","3. 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There is little evidence of investment in\n social services despite the important investment needs. This dimension should therefore be re-\n enforced and highlighted in the text.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point a \u2013 point i a (new) "]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:21"},"new":["(ia) point (k) is replaced by the","following:","(k) social infrastructures, social","services and the social and solidarity","economy"],"old":["(k) social infrastructures and the social","and solidarity economy."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"93","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Agnes Jongerius, Emilian Pavel, Elena Gentile, Brando Benifei, Si\u00f4n Simon, Javi L\u00f3pez, Georgi Pirinski, Maria Arena, Ole Christensen, Alex Mayer, Vilija Blinkevi\u010di\u016bt\u0117, Claudiu Ciprian T\u0103n\u0103sescu","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-94","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d"],[" Regulation (EU) 2015/1017","Article 7 \u2013 paragraph 12"]],"meps":[125021,129256,124847,124867,124948,125042,124855,124936,28154,185637,96681,96847],"meta":{"created":"2019-07-03T06:19:21"},"new":["12. Decisions approving the use of the","EU guarantee shall be made public and","accessible without delay, and include the","rationale for the decision based on the","projects scoreboard, with particular focus","on compliance with the additionality","criterion. The publication shall not contain","commercially sensitive information. In","reaching its decision, the Investment","Committee shall be supported by the","documentation provided by the EIB.;"],"old":["12. Decisions approving the use of the","EU guarantee shall be public and","accessible, and include the rationale for the","decision, with particular focus on","compliance with the additionality criterion.","The publication shall not contain","commercially sensitive information. 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(new)"]],"meps":[97019],"meta":{"created":"2019-07-03T06:19:21"},"new":["(aa) in paragraph 2, the following point","is added:","\u201c(ia) provision of funds to the","investment platform for social economy","organizations, including social","enterprises, to strengthen the social","economy ecosystem, including technical","assistance for capacity building;\u201d"],"old":["",""],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"101","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-102","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 2"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:21"},"new":["deleted"],"old":["(b) in paragraph 2, the 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The Steering Board shall","provide detailed guidance to that end.\u2019;"],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"102","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Monika Vana on behalf of the Verts/ALE Group","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-103","justification":"Earmarking 20% of all EFSI projects for social inclusion-related projects is extremely\nreasonable given the important social and demographic challenges we have and will continue\nto encounter in the next few decades. Investing to modernise Europe\u2019s social infrastructure\nwill bring benefits which are key for economic performance, social inclusion, productivity\nand human development.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 2"]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:21"},"new":["The EIB shall target that at least 50% of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The EIB shall target that at","least 20% of all EFSI financing supports","projects contributing directly to tackling","poverty and social exclusion. The Steering","Board shall provide detailed guidance to","that end.;"],"old":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end.;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"103","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Enrique Calvet Chambon, Marian Harkin, Jasenko Selimovic","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-104","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 2"]],"meps":[129407,28116,134243],"meta":{"created":"2019-07-03T06:19:21"},"new":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action and job creation, in line with the","COP21 commitments and the Europe","2020 strategy. The Steering Board shall","provide detailed guidance to that end.;"],"old":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end.;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"104","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-105","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b a (new) "]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:22"},"new":["(ba) the following paragraph is added:","\u201c2a. In order to ensure that EFSI","contributes to the creation of quality","employment through a clear recognition","of workers\u2019 rights, all projects eligible","shall comply with the European Charter","of Fundamental Rights, particularly Title","IV, and shall be in line with the European","Social Charter.\u201d"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"105","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-106","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point c"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 3"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:22"},"new":["deleted","investment period during which","31 December 2020, for EIB","31 December 2020, for EIF"],"old":["(c) paragraph 3 is replaced by the","following:","\u20183.","the EU guarantee may be granted for","supporting financing and investment","operations covered by this Regulation","shall last until:","(a)","operations for which a contract between","the EIB and the beneficiary or financial","intermediary has been signed by 31","December 2022;","(b)","operations for which a contract between","the EIF and the financial intermediary","has been signed by 31 December 2022.\u2019;"],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"106","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-107","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point d a (new)"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 7 a (new)"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:22"},"new":["(da) the following paragraph is added:","\u201c7a. Overall, the EU guarantee shall","support projects contributing to regional","and social cohesion in the Union.","Therefore, specific targets shall be set in","order to guarantee that financing is","available, in priority, to those regions with","higher unemployment or poverty rates or","with lower incomes per capita, in line with","social and cohesion policy priorities.","When appropriate, quotas shall be","introduced and specific financial and","technical support shall be made","available.\u201d"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"107","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-108","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point d b (new)"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 7 b (new)"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:22"},"new":["(db) the following paragraph is added:","\u201c7b. The EU guarantee shall not be","used to open up for privatisation of those","sectors under public control or that serve","a legitimate public interest including,","inter alia, healthcare, social and","environmental services, education,","infrastructure and other public","investments. Thus, EFSI support in these","fields shall be made available as direct","loan provision for public authorities,","especially those that may have difficulty","in accessing private finance, in line with","Article 5.\u201d"],"old":[""],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"108","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-109","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 6"],[" Regulation (EU) 2015/1017","Article 10 \u2013 paragraph 2 \u2013 point a"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:22"},"new":["(a) EIB loans, guarantees, counter-","guarantees and equity or quasi-equity","participations, including in favour of","national promotional banks or institutions;"],"old":["(a) EIB loans, guarantees, counter-","guarantees, capital market instruments,","any other form of funding or credit","enhancement instrument, including","subordinated debt, equity or quasi-equity","participations, including in favour of","national promotional banks or institutions,","investment platforms or funds;;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"109","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-110","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 7 \u2013 point a"],[" Regulation (EU) 2015/1017","Article 11 \u2013 paragraph 1"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:22"},"new":["1. The EU guarantee shall not, at any","time, exceed EUR 16 000 000 000, of","which a part may be allocated for EIB","funding or guarantees to the EIF in","accordance with paragraph 3. Aggregate","net payments from the general budget of","the Union under the EU guarantee shall not","exceed EUR 16 000 000 000.;"],"old":["1. The EU guarantee shall not, at any","time, exceed EUR 26 000 000 000, of","which a part may be allocated for EIB","funding or guarantees to the EIF in","","accordance with paragraph 3. Aggregate","net payments from the general budget of","the Union under the EU guarantee shall not","exceed EUR 26 000 000 000 and not","exceed EUR 16 000 000 000 prior to 6","July 2018.;"],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"110","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-111","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 8 \u2013 point b"],["Regulation (EU) 2015/1017","Article 12 \u2013 paragraph 7"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:22"},"new":["deleted","From 1 July 2018, if as a result of"],"old":["(b) paragraph 7 is replaced by the","following:","\u20187.","calls on the EU guarantee, the level of the","guarantee fund falls below 50 % of the","target amount, or it may fall below that","level within a year according to a risk","assessment by the Commission, the","Commission shall submit a report on","exceptional measures that may be","required.\u2019;"],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"111","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-112","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 8 \u2013 point c"],["Regulation (EU) 2015/1017","Article 12 \u2013 paragraph 10"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:22"},"new":["(c) In the event that the EU guarantee","is fully restored up to an amount of EUR","16 000 000 000, any amount in the","guarantee fund in excess of the target","amount shall be paid to the general budget","of the Union as internal assigned revenue","in accordance with Article 21(4) of","Regulation (EU, Euratom) No 966/2012","for any budget lines which may have been","used as a source of redeployment to the","guarantee fund;"],"old":["(c) In the event that the EU guarantee","is fully restored up to an amount of EUR","","26 000 000 000, any amount in the","guarantee fund in excess of the target","amount shall be paid to the general budget","of the Union as internal assigned revenue","in accordance with Article 21(4) of","Regulation (EU, Euratom) No 966/2012","for any budget lines which may have been","used as a source of redeployment to the","guarantee fund;"],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"112","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-113","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point i"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 1 \u2013 subparagraph 1 \u2013 second sentence"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:22"},"new":["Such support shall include providing","targeted support on the use of technical","assistance for project structuring, taking","into account the specificities and needs of","Member States;"],"old":["Such support shall include providing","targeted support on the use of technical","assistance for project structuring, on the","use of innovative financial instruments","and on the use of public-private","partnerships, taking into account the","specificities and needs of Member States","with less-developed financial markets.;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"113","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Monika Vana on behalf of the Verts/ALE Group","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-114","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point i"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 1 \u2013 subparagraph 1 \u2013 second sentence"]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:22"},"new":["Such support shall include providing","targeted support on the use of technical","assistance for project structuring, on the","use of innovative financial instruments and","on the use of public-private partnerships,","and advice, as appropriate, on relevant","issues relating to Union law, taking into","account the specificities and needs of","Member States with less-developed","financial markets and different sectors.;"],"old":["Such support shall include providing","","targeted support on the use of technical","assistance for project structuring, on the","use of innovative financial instruments and","on the use of public-private partnerships,","taking into account the specificities and","needs of Member States with less-","developed financial markets.;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"114","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Agnes Jongerius, Vilija Blinkevi\u010di\u016bt\u0117, Alex Mayer, Ole Christensen, Maria Arena, Si\u00f4n Simon, Brando Benifei, Elena Gentile, Emilian Pavel, Claudiu Ciprian T\u0103n\u0103sescu","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-115","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point i"],["Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 1 \u2013 subparagraph 1 \u2013 second sentence"]],"meps":[125021,96681,185637,28154,124936,124948,124867,124847,129256,96847],"meta":{"created":"2019-07-03T06:19:22"},"new":["Such support shall include providing","targeted local support on the use of","technical assistance for project structuring,","on the use of innovative financial","instruments and on the use of public-","private partnerships, taking into account","the specificities and needs of Member","States with less-developed financial","markets.;"],"old":["Such support shall include providing","targeted support on the use of technical","assistance for project structuring, on the","use of innovative financial instruments and","on the use of public-private partnerships,","taking into account the specificities and","needs of Member States with less-","developed financial markets.;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"115","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Monika Vana on behalf of the Verts/ALE Group","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-116","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point i a (new)"],["Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 1 \u2013 subparagraph 2"]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:22"},"new":["(ia) subparagraph 2 is replaced by the","following:","The EIAH shall be able to provide","technical assistance in the areas listed in","Article 9(2), in particular energy","efficiency, TEN-T urban mobility and","social infrastructure."],"old":["The EIAH shall be able to provide","technical assistance in the areas listed in","Article 9(2), in particular energy","efficiency, TEN-T and urban mobility."],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"116","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-117","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point ii"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 1 \u2013subparagraph 2 \u2013 second sentence"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:22"},"new":["It shall also support the preparation of","climate action and circular economy","projects or components thereof, the","preparation of projects in the digital sector,","as well as the preparation of projects","referred to in the fifth subparagraph of","Article 5(1).;"],"old":["It shall also support the preparation of","climate action and circular economy","projects or components thereof, in","particular in the context of COP21, the","preparation of projects in the digital sector,","as well as the preparation of projects","referred to in the fifth subparagraph of","Article 5(1).;"],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"117","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Enrique Calvet Chambon, Jasenko Selimovic","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-118","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point ii"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 1 \u2013subparagraph 2 \u2013 second sentence"]],"meps":[129407,134243],"meta":{"created":"2019-07-03T06:19:23"},"new":["It shall also support the preparation of","climate action and circular economy","projects or components thereof, in","particular in the context of COP21,","especially in less-developed and transition","areas in order to make the best impact on","employment, including, the preparation of","projects in the digital sector, and","technologies related to the security and","defence industries, as well as the","preparation of projects referred to in the","fifth subparagraph of Article 5(1).;"],"old":["It shall also support the preparation of","","climate action and circular economy","projects or components thereof, in","particular in the context of COP21, the","preparation of projects in the digital sector,","as well as the preparation of projects","referred to in the fifth subparagraph of","Article 5(1).;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"118","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Monika Vana on behalf of the Verts/ALE Group","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-119","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point ii"],["Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 1 \u2013 subparagraph 2 \u2013 second sentence"]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:23"},"new":["It shall also support the preparation of","climate action and circular economy","projects or components thereof, in","particular in the context of COP21, in the","development of projects tackling poverty","and social exclusion, the preparation of","projects in the digital sector, as well as the","preparation of projects referred to in the","fifth subparagraph of Article 5(1).;"],"old":["It shall also support the preparation of","climate action and circular economy","projects or components thereof, in","particular in the context of COP21, the","preparation of projects in the digital sector,","as well as the preparation of projects","referred to in the fifth subparagraph of","Article 5(1).;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"119","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Agnes Jongerius, Emilian Pavel, Elena Gentile, Georgi Pirinski, Maria Arena, Ole Christensen, Alex Mayer, Vilija Blinkevi\u010di\u016bt\u0117, Claudiu Ciprian T\u0103n\u0103sescu","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-120","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point i"],["Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point c"]],"meps":[125021,129256,124847,124855,124936,28154,185637,96681,96847],"meta":{"created":"2019-07-03T06:19:23"},"new":["(c) leveraging local knowledge,","collaborating closer with Member States","authorities and focusing on building","capacity, so as to facilitate EFSI support","across the Union and contributing where","possible to the objective of sectorial and","geographical diversification of the EFSI","referred to in Section 8 of Annex II by","supporting the EIB to originate operations","and increase collaboration with Member","States;;"],"old":["(c) leveraging local knowledge to","facilitate EFSI support across the Union","and contributing where possible to the","objective of sectorial and geographical","diversification of the EFSI referred to in","Section 8 of Annex II by supporting the","EIB to originate operations;;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"120","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Monika Vana on behalf of the Verts/ALE Group","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-121","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point ii"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point e"]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:23"},"new":["(e) providing pro-active support on the","establishment of investment platforms","including sectoral investment platforms;"],"old":["(e) providing pro-active support on the","establishment of investment platforms;;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"121","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Enrique Calvet Chambon, Ivo Vajgl, Jasenko Selimovic","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-122","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point iii"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point f"]],"meps":[129407,97019,134243],"meta":{"created":"2019-07-03T06:19:23"},"new":["(f) providing advice on the","combination of other sources of Union","funding (such as the European Structural","and Investment Funds, the Youth","Guarantee and Youth Employment","Initiative, Horizon 2020 and the","Connecting Europe Facility) with the EFSI","in order to avoid administrative burden.;"],"old":["(f) providing advice on the","","combination of other sources of Union","funding (such as the European Structural","and Investment Funds, Horizon 2020 and","the Connecting Europe Facility) with the","EFSI.;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"122","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Monika Vana on behalf of the Verts/ALE Group","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-123","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point iii a (new)"],["Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point f a (new)"]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:23"},"new":["(iiia) the following point (fa) is added:","\u201c(fa) EIAH services provided to projects","covered by targeted funding under Article","9(2) shall also be free of charge.\u201d"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"123","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-124","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point c"],["Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 5"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:23"},"new":["5. In order to achieve the objective","referred to in paragraph 1, the EIAH shall","seek to use the expertise of the EIB, the","Commission, national promotional banks","or other institutions, and the managing","authorities of the European Structural and","Investment Funds. It shall also engage in","meaningful dialogue on investment","projects with the social partners at the","relevant level (regional, national,","European) to ensure projects contribute to","the creation of quality employment and","shall be responsible for ensuring public","consultations are carried out on largely","investment projects which may have large","environmental or social impacts."],"old":["5. In order to achieve the objective","referred to in paragraph 1 and to facilitate","the provision of advisory support at local","level, the EIAH shall seek to use the","expertise of the EIB, the Commission,","national promotional banks or institutions,","and the managing authorities of the","","European Structural and Investment","Funds.;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"124","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Monika Vana on behalf of the Verts/ALE Group","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-125","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 a (new)"],[" Regulation (EU) 2015/1017","Article 16 \u2013 paragraph 2 \u2013 point c"]],"meps":[124934],"meta":{"created":"2019-07-03T06:19:23"},"new":["(9a) in Article 16, paragraph 2, point","(c) is replaced by the following:","(c) an assessment of the extent to","which operations covered by this","Regulation contribute to the achievement","of the general objectives set out in Article","9(2) including an assessment of the level of","EFSI investments in the areas of research,","development and innovation and transport","(including TEN-T and urban mobility),","telecommunications, energy infrastructure,","energy efficiency and social","infrastructure, social services and social","and solidarity economy."],"old":["(c) an assessment of the extent to","which operations covered by this","Regulation contribute to the achievement","of the general objectives set out in Article","9(2) including an assessment of the level of","EFSI investments in the areas of research,","development and innovation and transport","(including TEN-T and urban mobility),","telecommunications, energy infrastructure","and energy efficiency;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"125","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Ulrike Trebesius","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-126","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10 \u2013 point a"],["Regulation (EU) 2015/1017","Article 18 \u2013 paragraph 6"]],"meps":[124829],"meta":{"created":"2019-07-03T06:19:23"},"new":["deleted","By 30 June 2018 and 30 June"],"old":["(a) paragraph 6 is replaced by the","following:","\u20186.","2020, the Commission shall submit to the","European Parliament and the Council a","report containing an independent","evaluation of the application of this","Regulation.\u2019;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"126","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Dominique Martin, Mara Bizzotto, Jo\u00eblle M\u00e9lin","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-127","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10 \u2013 point a"],["Regulation (EU) 2015/1017","Article 18 \u2013 paragraph 6"]],"meps":[124751,97198,124765],"meta":{"created":"2019-07-03T06:19:23"},"new":["6. By 30 June 2018, the Commission","shall submit to the European Parliament","and the Council a report containing an","independent evaluation of the application","of this Regulation. That evaluation should","cover aspects relating to the labour","market, particularly the impact of the","EFSI on the creation of sustainable jobs."],"old":["6. By 30 June 2018 and 30 June","2020, the Commission shall submit to the","European Parliament and the Council a","report containing an independent","evaluation of the application of this","Regulation.;"],"orig_lang":"fr","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"127","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Ulrike Trebesius","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-128","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10 \u2013 point b"],["Regulation (EU) 2015/1017","Article 18 \u2013 paragraph 7 and 8"]],"meps":[124829],"meta":{"created":"2019-07-03T06:19:23"},"new":["deleted"],"old":["(b) paragraphs 7 and 8 are deleted.;"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"128","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-129","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 13 a (new)"],[" Regulation (EU) 2015/1017","Article 23 \u2013 paragraph 5 a (new)"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:23"},"new":["(13a) in Article 23, the following","paragraph is added:","\u201c5a. This Scoreboard shall be public in","order to facilitate accountability,","transparency and a better understanding","of additionally, as defined by Article 3, for","all actors.\u201d"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"129","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":" Paloma L\u00f3pez Bermejo","changes":{},"committee":["EMPL"],"date":"2017-02-07T00:00:00","id":"PE597.727-130","location":[[" Proposal for a regulation","Article 2"]],"meps":[125047],"meta":{"created":"2019-07-03T06:19:23"},"new":["Article 2 deleted","in Article 5, paragraph 1 is","The financial envelope for the","transport sector: EUR 23 895 582"],"old":["Regulation (EU) No 1316/2013 is","amended as follows:","(1)","replaced by the following:","\u20181.","implementation of the CEF for the period","","","2014 to 2020 is set at EUR 29 992 259 000","in current prices. That amount shall be","distributed as follows:","(a)","000, of which EUR 11 305 500 000 shall","be transferred from the Cohesion Fund to","be spent in line with this Regulation","exclusively in Member States eligible for","funding from the Cohesion Fund;","(b) telecommunications sector: EUR 1","091 602 000;","(c) energy sector: EUR 5 005 075 000.","These amounts are without prejudice to","the application of the flexibility","mechanism provided for under Council","Regulation (EU, Euratom) No","1311/2013(*).","________________","(*) Council Regulation (EU, Euratom) No","1311/2013 of 2 December 2013 laying","down the multiannual financial","framework for the years 2014-20 (OJ L","347, 20.12.2013, p. 884)..\u2019"],"orig_lang":"en","peid":"PE597.727v01-00","reference":"2016/0276(COD)","seq":"130","src":"http://www.europarl.europa.eu/doceo/document/EMPL-AM-597727_EN.pdf"},{"authors":"Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-37","location":[["Proposal for a regulation","Recital 1"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:47"},"new":["(1) The Union is now in its fourth year","of moderate recovery, with Gross","Domestic Product growing at 2% in 2015.","The Commission maintains that the","comprehensive efforts initiated with the","Investment Plan are already delivering","concrete results, despite the fact that","macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up gradually","throughout 2016 and 2017 although it","remains below historical levels."],"old":["(1) Since the Investment Plan for","Europe was presented in November 20143,","the conditions for an uptake in investment","have improved and confidence in","Europe\u2019s economy and growth are","returning. The Union is now in its fourth","year of moderate recovery, with Gross","Domestic Product growing at 2% in 2015.","The comprehensive efforts initiated with","the Investment Plan are already delivering","concrete results, despite the fact that","macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up gradually","throughout 2016 and 2017 although it","remains below historical levels.","__________________","3 COM(2014) 903 final."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"37","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Barbara Kappel, Angelo Ciocca, Lorenzo Fontana","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-38","location":[["Proposal for a regulation","Recital 1"]],"meps":[125024,183793,96993],"meta":{"created":"2019-07-03T06:31:47"},"new":["(1) Since the Investment Plan for","Europe was presented in November 20143,","the conditions for investments have","improved and confidence in Europe\u2019s","economy and growth is returning. The","Union is now in its fourth year of moderate","upturn, with Gross Domestic Product","growing at 2% in 2015, despite the fact that","macroeconomic effects of larger","investment projects can be measured only","with a time lag. Investment is expected to","pick up gradually throughout 2016 and","2017 although it remains below historical","levels.","__________________","3","COM(2014) 903 final. COM(2014) 903 final."],"old":["(1) Since the Investment Plan for","Europe was presented in November 20143,","the conditions for an uptake in investment","have improved and confidence in Europe\u2019s","economy and growth are returning. The","Union is now in its fourth year of moderate","recovery, with Gross Domestic Product","growing at 2% in 2015. The","","comprehensive efforts initiated with the","Investment Plan are already delivering","concrete results, despite the fact that","macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up gradually","throughout 2016 and 2017 although it","remains below historical levels.","__________________","3"],"orig_lang":"de","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"38","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-39","location":[[" Proposal for a regulation","Recital 1 a (new)"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:47"},"new":["(1a) Underlines that the primary aim of","EFSI is to support projects that provide","European citizen with long-term","environmental and societal benefits such","as high quality long-term jobs and public","infrastructure; therefore wants to support","projects that provide this genuine","additionality and quality rather than","maximizing leverage factors or project","speed and volumes."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"39","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-40","location":[[" Proposal for a regulation","Recital 2"]],"meps":[124835,124796],"meta":{"created":"2019-07-03T06:31:47"},"new":["deleted"],"old":["(2) This positive momentum should be","","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe\u2019s future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"40","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-41","location":[["Proposal for a regulation","Recital 3 a (new)"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:47"},"new":["(3a) On 11 November 2016, the","European Court of Auditors published an","opinion in which it stated that: \u201cthe","European Commission plans to increase","and extend the investment fund at the","heart of the \u2018Juncker Plan\u2019 were drawn","up too soon and with little evidence that","the increase is justified\u201d. The same Court","also highlighted the fact that \u2018no","comprehensive impact assessment has","been made\u2019 and criticised the \u2018deletion of","the provision linking the continuation of","EFSI to the results of an independent","evaluation\u2019. It also emphasised \u2018the risk","that the multiplier effect is overstated\u2019,","and that the objectives and results cited","were those expected and not ones","confirmed by tangible, accurate, clear or","immediate statistics."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"41","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Maria Spyraki, Pascal Arimont, Cristian-Silviu Bu\u015foi, Eva Kaili","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-42","justification":" The EIB\u2019s independent evaluation of the functioning of EFSI, taking place at its midterm as a\n requirement of the EFSI regulation should be taken into consideration.","location":[[" Proposal for a regulation","Recital 3 a (new)"]],"meps":[125064,24922,38420,125109],"meta":{"created":"2019-07-03T06:31:47"},"new":["(3a) On September 2016, on the","\u201cEvaluation of the Functioning of the","European Fund for Strategic","Investments\u201d, the EIB suggests that","although EFSI has ramped up quickly","and seems to be on track to reach the","target to mobilise EUR 315 billion of total","investment, there are areas for","improvement, including: complementarity","with the other pillars of the Investment","Plan, a better distribution of EFSI\u2019s","portfolio across all Member States, as well","as in additionality and governance."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"42","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-43","location":[[" Proposal for a regulation","Recital 4"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:47"},"new":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, appears to be","on track towards the expected objective of","mobilising at least EUR 315 billion in","additional investments in the real economy","by mid-2018."],"old":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME","Window where the EFSI is delivering well","beyond expectations. In July 2016 the","SME Window was thus scaled-up by EUR","500 million within the existing parameters","of the Regulation (EU) 2015/1017. A","","","larger share of financing to be geared","towards SMEs given the exceptional","market demand for SME financing under","the EFSI: 40% of the increased risk","bearing capacity of the EFSI should be","geared towards increasing access to","financing for SMEs."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"43","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Maria Spyraki, Pascal Arimont, Cristian-Silviu Bu\u015foi, Eva Kaili","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-44","location":[["Proposal for a regulation","Recital 4"]],"meps":[125064,24922,38420,125109],"meta":{"created":"2019-07-03T06:31:47"},"new":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is on track in","terms of approved operations to deliver","the objective of mobilising at least EUR","315 billion in additional investments in the","real economy by mid-2018, however it is","lagging behind in terms of signed","operations as well as disbursements","according to the EIB\u2019s operation","evaluation of its functioning, that covered","the period up to June 30 2016. The market","response and adoption has been","particularly quick under the SME Window","where the EFSI is delivering according to","expectations due to the fact that it used","existing EIF mandates ((InnovFin","SMEG, COSME LGF and the RCR","mandate) to have an accelerated kick","start. In July 2016 the SME Window was","thus scaled-up by EUR 500 million within","the existing parameters of Regulation (EU)","No 2015/1017. A larger share of financing","to be geared towards SMEs given the","exceptional market demand for SME","financing under the EFSI as well as due to","the generally higher multipliers achieved","through EIF operations: 40% of the","increased risk bearing capacity of the EFSI","should be geared towards increasing access","to financing for SMEs."],"old":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME Window","where the EFSI is delivering well beyond","expectations. In July 2016 the SME","Window was thus scaled-up by EUR 500","million within the existing parameters of","Regulation (EU) No 2015/1017. A larger","share of financing to be geared towards","SMEs given the exceptional market","demand for SME financing under the","EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs.",""],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"44","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Dominique Riquet, Angelika Mlinar, Pavel Teli\u010dka","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-45","location":[[" Proposal for a regulation","Recital 4"]],"meps":[96885,125026,124706],"meta":{"created":"2019-07-03T06:31:47"},"new":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. It is already clear, however, that","market absorption has been quicker under","the SME Window, where the EFSI is","delivering well beyond expectations, than","under the Infrastructure and Innovation","Window because of the different nature of","such projects. In July 2016 the SME","Window was thus scaled-up by EUR 500","million within the existing parameters of","Regulation (EU) No 2015/1017. A larger","share of financing to be geared towards","SMEs given the exceptional market","demand for SME financing under the","EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs."],"old":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME Window","where the EFSI is delivering well beyond","expectations. In July 2016 the SME","Window was thus scaled-up by EUR 500","million within the existing parameters of","Regulation (EU) No 2015/1017. A larger","share of financing to be geared towards","SMEs given the exceptional market","demand for SME financing under the","EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"45","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-46","location":[[" Proposal for a regulation","Recital 4"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:47"},"new":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","investments in the real economy with over","50% of the investments approved so far","being climate relevant, according to the","communication from the Commission with","the title \u201cAccelerating Europe\u2019s transition","to a low-carbon economy\u201d. Regulation","(EU) No 2015/1017 must be revised so as","to enable the EFSI focusing its efforts on","sustainable investments allowing the","Union honouring its Paris Climate","Conference (COP21) commitments. With","this in mind, a larger share of financing is","also to be geared towards climate relevant","projects of SMEs given the exceptional","market demand for SME financing under","the EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs."],"old":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME","Window where the EFSI is delivering well","beyond expectations. In July 2016 the","SME Window was thus scaled-up by EUR","500 million within the existing parameters","of Regulation (EU) No 2015/1017. A","larger share of financing to be geared","towards SMEs given the exceptional","market demand for SME financing under","the EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"46","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Dominique Riquet, Pavel Teli\u010dka, Angelika Mlinar","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-47","location":[["Proposal for a regulation","Recital 5"]],"meps":[96885,124706,125026],"meta":{"created":"2019-07-03T06:31:47"},"new":["(5) On 28 June 2016, the European","Council concluded that \u201cThe Investment","Plan for Europe, in particular the European","Fund for Strategic Investments (EFSI), has","already delivered concrete results and is a","major step to help mobilise private","investment while making smart use of","scarce budgetary resources. The","Commission intends to soon put forward","proposals on the future of the EFSI, which","should be examined as a matter of urgency","by the European Parliament and the","Council.\u201d Furthermore, taking into","consideration the remaining low-risk","appetite of investors, the Commission","should undertake others ambitious","initiatives to help mobilise private","investment and proceed with the","introduction of the necessary regulatory","transformations in order to allow","financial institutions to take more","infrastructure projects into their","portfolios, including further financing of","SMEs, while making smart use of scarce","budgetary resources."],"old":["(5) On 28 June 2016, the European","Council concluded that \u201cThe Investment","Plan for Europe, in particular the European","Fund for Strategic Investments (EFSI), has","already delivered concrete results and is a","major step to help mobilise private","investment while making smart use of","scarce budgetary resources. The","Commission intends to soon put forward","proposals on the future of the EFSI, which","should be examined as a matter of urgency","","by the European Parliament and the","Council.\u201d"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"47","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Maria Spyraki, Pascal Arimont, Cristian-Silviu Bu\u015foi, Eva Kaili","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-48","location":[[" Proposal for a regulation","Recital 5"]],"meps":[125064,24922,38420,125109],"meta":{"created":"2019-07-03T06:31:48"},"new":["(5) On 28 June 2016, the European","Council concluded that \u201cThe Investment","Plan for Europe, in particular the European","Fund for Strategic Investments (EFSI), has","already delivered concrete results and is a","major step to help mobilise private","investment while making smart use of","scarce budgetary resources. Until June 30","2016, under the Infrastructure and","Innovation Window, 63% of the total","amount signed was in the United","Kingdom, Italy and Spain and 91% in","EU15 countries. Under the SME Window,","54% of the amount signed (excluding","multi-country operations) was in Italy,","France and Germany and 93% in EU15","countries. In order to improve balance of","EFSI support, Member States should","designate and support National","Promotional Banks, whereas the EIB","should further deploy region specific","specialised task force groups and the","EIAH should facilitate the combination of","ESI funds with EFSI in cohesion regions."],"old":["(5) On 28 June 2016, the European","Council concluded that \u201cThe Investment","Plan for Europe, in particular the European","Fund for Strategic Investments (EFSI), has","already delivered concrete results and is a","major step to help mobilise private","investment while making smart use of","scarce budgetary resources. The","Commission intends to soon put forward","proposals on the future of the EFSI,","which should be examined as a matter of","urgency by the European Parliament and","the Council.\u201d",""],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"48","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-49","location":[["Proposal for a regulation","Recital 5"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:48"},"new":["(5) On 28 June 2016 the European","Council, despite not having at its disposal","any independent assessment containing","accurate and objective statistics,","concluded that \u201cThe Investment Plan for","Europe, in particular the European Fund","for Strategic Investments (EFSI), has","already delivered concrete results and is a","major step to help mobilise private","investment while making smart use of","scarce budgetary resources. The","Commission intends to soon put forward","proposals on the future of the EFSI, which","should be examined as a matter of urgency","by the European Parliament and the","Council.\u201d"],"old":["(5) On 28 June 2016, the European","Council concluded that \u201cThe Investment","Plan for Europe, in particular the European","Fund for Strategic Investments (EFSI), has","already delivered concrete results and is a","major step to help mobilise private","investment while making smart use of","scarce budgetary resources. The","Commission intends to soon put forward","proposals on the future of the EFSI, which","should be examined as a matter of urgency","by the European Parliament and the","Council.\u201d"],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"49","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-50","location":[["Proposal for a regulation","Recital 6"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:48"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","","Commission is committed to the doubling","of the EFSI, both in terms of duration","and financial capacity. The legal","extension covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI","even further and reach the aim of","doubling the investment target, Member","States should also contribute as a matter","of priority."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"50","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-51","location":[[" Proposal for a regulation","Recital 6"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:48"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. The programme has fallen","short in terms of ensuring the quality,","additionality, economic and social utility","and sustainability of the projects","financed. Despite this, after just one year","of the EFSI being in operation, and","without the independent evaluation to","which the EFSI\u2019s potential extension was","linked being conducted, the Commission","has launched a proposal on the doubling","of the EFSI, both in terms of duration and","financial capacity. The legal extension","proposed by the Commission covers the","period of the current Multiannual Financial","Framework and should provide a total of at","least half a trillion euro investments by","2020. In order to try to expand the capacity","of the EFSI, Member States could also","contribute on an optional basis as a matter","of priority."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration and","financial capacity. The legal extension","covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"51","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-52","location":[["Proposal for a regulation","Recital 6 a (new)"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:48"},"new":["(6a) On 11 November 2016, the","European Court of Auditors concluded","that it was still too soon for the economic,","social and environmental impacts to be","measured or for a conclusion to be drawn","as to whether EFSI was achieving its","objectives. A comprehensive impact","assessment shall provide for the necessary","evidence whether or not the EFSI should","be extended.","Or. en","(European Court of Auditors Press Release:"],"old":["","","","http://www.eca.europa.eu/Lists/ECADocuments/INOP16_02/INOP_EFSI_EN.pdf)"],"peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"52","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Miroslav Poche","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-53","location":[["Proposal for a regulation","Recital 8"]],"meps":[124699],"meta":{"created":"2019-07-03T06:31:48"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future","sustainable quality and high levels of","human capital, creation of good quality","jobs \u2013 especially for the youth \u2013, growth","and competitiveness with strengthened","additionality, as well as for increasing","social cohesion, social inclusion and thus","enhancing the well-being of citizens of the","Union. They include investments in the","areas of energy, environment and climate","action, social and human capital and","related infrastructure, healthcare, research","and innovation, cross-border and","sustainable transport, as well as the digital","transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects, which","contribute to greater energy security for","the EU, should also be increasingly","targeted. Similarly, in the digital sector,","and within the scope of the ambitious","Union policy on the digital economy, new","digital infrastructure targets should be set","in order to ensure that the Union will be a","global pioneer in the new age of the so-","called \u2018internet of things\u2019, blockchain","technology and cyber- and network-","security. Moreover, a criterion for the","success of the EFSI should be the","assistance provided to policy areas that","suffered from cuts in investments in order","to fund the EFSI, such as research","grants, especially for low technology","readiness levels. In addition, EFSI support","to motorways should be avoided, unless it","is needed to support private investment in","transport in cohesion countries or in cross-","border transport projects involving at least","one cohesion country. For reasons of","clarity, although they are already eligible,","it should be explicitly laid down that","projects in the fields of agriculture, fishery","and aquaculture come within the general","objectives eligible for EFSI support. EFSI","support to fossil fuel projects is to be","avoided."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","","","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"cs","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"53","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Barbara Kappel, Lorenzo Fontana, Angelo Ciocca","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-54","location":[["Proposal for a regulation","Recital 8"]],"meps":[125024,96993,183793],"meta":{"created":"2019-07-03T06:31:48"},"new":["(8) The extended EFSI should continue","to mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digitalisation. Energy interconnection","priority projects and energy efficiency","projects should also be increasingly","targeted. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-","optimal investment situations and","continue to mobilise private sector","financing in investments crucial for","Europe\u2019s future job creation \u2013 including for","the youth \u2013, growth and competitiveness","with strengthened additionality. They","include investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular,","the contribution of operations supported","by the EFSI to achieving the Union\u2019s","ambitious targets set at the Paris Climate","Conference (COP21) should be","reinforced. Energy interconnection priority","projects and energy efficiency projects","should also be increasingly targeted. In","addition, EFSI support to motorways","should be avoided, unless it is needed to","support private investment in transport in","cohesion countries or in cross-border","transport projects involving at least one","cohesion country. For reasons of clarity,","although they are already eligible, it should","be explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"54","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Dominique Riquet, Angelika Mlinar, Pavel Teli\u010dka","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-55","location":[[" Proposal for a regulation","Recital 8"]],"meps":[96885,125026,124706],"meta":{"created":"2019-07-03T06:31:48"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. Similarly, in the","digital sector, a priority to develop new","infrastructure should be given in order to","ensure that the Union will be a global","pioneer in the digital economy. Moreover,","a criterion for the success of the EFSI","could be the assistance provided to policy","areas that suffered from cuts in","investments in order to fund the EFSI,","such as research grants, especially for low","technology readiness levels. In addition,","EFSI support to motorways should be","avoided, unless it is needed to support","private investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"55","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-56","location":[["Proposal for a regulation","Recital 8"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:48"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","prosperity and competitiveness, ensuring","additionality. They include investments in","the areas of energy, environment and","climate action, social and human capital","and related infrastructure, healthcare,","research and innovation, cross-border and","sustainable transport, as well as the digital","transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced, eliminating","any support for fossil fuels. Priority","projects relating to the optimisation and","adaptation of energy grids, those","concerning energy efficiency and","renewable energy generation, storage,","and distribution, with a specific focus on","projects enabling private individuals and","local communities and cooperatives to","become actively involved, should also be","increasingly targeted. Findings so far","show that the broad support provided by","the EFSI to energy, energy efficiency and","renewable energy projects has been","accompanied by a corresponding","reduction in ordinary EIB investments in","those sectors, thereby nullifying the","notion of additionality. EFSI-financed","loans should be granted in addition to","ordinary EIB investment operations. For","reasons of clarity, although they are","already eligible, it should be explicitly laid","down that projects in the fields of","agriculture, fishery and aquaculture come","within the general objectives eligible for","EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support.",""],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"56","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Victor Negrescu, Eva Kaili","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-57","location":[[" Proposal for a regulation","Recital 8"]],"meps":[88882,125109],"meta":{"created":"2019-07-03T06:31:48"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support. EFSI","also needs to fund projects throughout all","the Member States of the European","Union, with a special focus on","underdeveloped East European countries","helping them to overcome the current","investment difficulties and strengthen","competitiveness and economic, social and","territorial cohesion of the Union."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"57","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Maria Spyraki, Pascal Arimont, Cristian-Silviu Bu\u015foi","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-58","location":[["Proposal for a regulation","Recital 8"]],"meps":[125064,24922,38420],"meta":{"created":"2019-07-03T06:31:48"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, the","circular economy, social and human","capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, tourism,","as well as the digital transformation. In","particular, the contribution of operations","supported by the EFSI to achieving the","Union\u2019s ambitious targets set at the Paris","Climate Conference (COP21) should be","reinforced. This would be in line with","EIB\u2019s current climate finance target of","25% based on its full portfolio. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted especially since the","former could exemplify cases of market","failure and the latter of sub-optimal","investment situations. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"58","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Edward Czesak","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-59","justification":"he proposed target of climate-friendly financing under EFSI should be read as one of several\nmeasures under the Investment Plan\u2019s three pillars aiming to contribute to EU climate action.\nThe EIB is one of the largest providers of climate finance worldwide, with an objective to\ncommit at least 25% of its lending portfolio to climate mitigation and/or adaptation activities\nsupporting low-carbon and climate-resilient growth. The EIB incorporates climate\nconsiderations in all operations it finances including in the projects representing the\nremaining 75% of its lending. A binding climate action target or any other sectoral target will\nbe detrimental to the other policy objectives (SMEs, RDI) or even to the aim of enhancing\ngeographical balance. In addition, EFSI largely contributes to reaching climate action\nobjectives \u2013 and figures change every month. The objective of the proposal is to have a best-\neffort climate action target for EIB lending under the infrastructure and innovation window,\nto be calculated in line with the EIB\u2019s current and strict methodology which is agreed with\nother international financial institutions. In line with the overall aim of increasing financing\nfor SMEs as outlined in the proposal, the SME sector under the infrastructure and innovation\nwindow should not be included in the calculation of the best effort climate action target. In\norder to strengthen the support to Climate action, a recital could also be added referencing\nthe EIB\u2019s current climate finance target of 25% based on its full portfolio and computed\naccording to its granular methodology.","location":[[" Proposal for a regulation","Recital 8"]],"meps":[132925],"meta":{"created":"2019-07-03T06:31:48"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. This would","be in line with EIB\u2019s current climate","finance target of 25% based on its full","portfolio and computed according to its","granular methodology. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"59","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Xabier Benito Ziluaga","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-60","location":[["Proposal for a regulation","Recital 8"]],"meps":[135490],"meta":{"created":"2019-07-03T06:31:48"},"new":["(8) The extended EFSI should address","market failures and sub-optimal investment","situations to mobilise public sector","financing in investments crucial for","Europe\u2019s future job creation \u2013 including for","the youth \u2013 and growth with ensured","additionality. They include investments in","the areas of energy, environment and","climate action, social economy and related","infrastructure, healthcare, research and","innovation, cross-border and sustainable","transport, as well as the digital","transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the ambitious targets set","at the Paris Climate Conference (COP21)","and the EU 2050 commitment to reduce","Greenhouse gas emissions by 80-95%,","must be reinforced. Energy efficiency","projects should also be increasingly","targeted. In addition, EFSI support to","motorways or fossil fuel projects must be","avoided. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"60","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Miapetra Kumpula-Natri, Eva Kaili","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-61","location":[[" Proposal for a regulation","Recital 8"]],"meps":[124735,125109],"meta":{"created":"2019-07-03T06:31:48"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation and digital","infrastructure to bridge digital divide. In","particular, the contribution of operations","supported by the EFSI to achieving the","Union\u2019s ambitious targets set at the Paris","Climate Conference (COP21) should be","reinforced. Energy interconnection priority","projects and energy efficiency projects,","especially in buildings sector, should also","be increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"61","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Dominique Riquet, Pavel Teli\u010dka, Angelika Mlinar","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-62","location":[["Proposal for a regulation","Recital 8"]],"meps":[96885,124706,125026],"meta":{"created":"2019-07-03T06:31:48"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","including alternative energy sources (for","vehicles), environment and climate action,","social and human capital and related","infrastructure, healthcare, research and","innovation, cross-border and sustainable","transport, as well as the digital","transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"fr","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"62","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-63","location":[[" Proposal for a regulation","Recital 8"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:49"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Electricity","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","except for cross-border sections as defined","in regulation 1316/2013 between cohesion","countries. For reasons of clarity, it should","be explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture are not eligible for EFSI","support. EFSI support for fossil fuel","projects, especially infrastructure and","nuclear installations must be avoided."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"63","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Dominique Riquet, Pavel Teli\u010dka, Angelika Mlinar","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-64","location":[["Proposal for a regulation","Recital 8 a (new)"]],"meps":[96885,124706,125026],"meta":{"created":"2019-07-03T06:31:49"},"new":["(8a) It should be noted that in its EFSI-","supported special activities the EIB makes","systematic use of participation in risk-","sharing instruments with its co-investors.","The EIB should therefore intervene - as a","matter of course where blending is","concerned and where necessary in other","cases - by providing first loss guarantees","for the activities concerned in order to","optimise the additionality of the EFSI","facility and mobilise more private funds."],"orig_lang":"fr","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"64","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Dominique Riquet, Pavel Teli\u010dka","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-65","location":[[" Proposal for a regulation","Recital 8 b (new)"]],"meps":[96885,124706],"meta":{"created":"2019-07-03T06:31:49"},"new":["(8b) It should be borne in mind that the","leading global powers have all created","military-industrial complexes in order to","stay ahead of the competition in","technological and scientific terms. It is","therefore imperative that the EU do the","same by allocating large sums - in","particular through the EFSI - to the","creation of a European defence industry","which, as a result of its research and","development work, will have a significant","civil and economic impact."],"orig_lang":"fr","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"65","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-66","location":[[" Proposal for a regulation","Recital 9"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:49"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should","be considered additional given their","inherent difficulty and their high added","value for the Union."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"66","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Edward Czesak","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-67","justification":"EU and/ or national budgetary resources are necessary for further expanding the use of first\nloss guarantee schemes (e.g. EFSI-ESI Funds combination in investment platforms structured\nas layered funds) in cases where there is a misalignment of financial risk-return for investors,\nyet the projects needing financing would have very high economic and social returns. In\nsummary, EFSI will not be the FLP, but rather the ESIF or EU/national budgetary resources\ncan provide FLP to credit enhance EFSI that, in turn, will be subordinated to other lenders.","location":[["Proposal for a regulation","Recital 9"]],"meps":[132925],"meta":{"created":"2019-07-03T06:31:49"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union. The EIB has already developed a","wide range of products that facilitate","further risk-taking through,","predominantly, risk-sharing instruments.","However, developing further \u2018first loss","guarantee\u2019 schemes by combining EU","and/ or national budgetary resources with","EFSI is expected to accelerate","investments in infrastructure projects."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"67","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Xabier Benito Ziluaga, Paloma L\u00f3pez Bermejo","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-68","location":[[" Proposal for a regulation","Recital 9"]],"meps":[135490,125047],"meta":{"created":"2019-07-03T06:31:49"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should","be considered additional given their","inherent difficulty and their high added","value for the Union."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"68","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Maria Spyraki, Pascal Arimont, Cristian-Silviu Bu\u015foi, Eva Kaili","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-69","location":[[" Proposal for a regulation","Recital 9"]],"meps":[125064,24922,38420,125109],"meta":{"created":"2019-07-03T06:31:49"},"new":["(9) Additionality, a key feature of the","EFSI, should be systematically assessed","and documented in the selection of each","project. In particular, operations should","only be eligible for EFSI support if they","address clearly identified market failures or","sub-optimal investment situations.","Operations in infrastructure under the","Infrastructure and Innovation Window","linking two or more Member States,","especially if at least one Member State is a","cohesion country, including e-","infrastructure, should be considered","additional given their inherent difficulty","and their high added value for the Union."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"69","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-70","location":[["Proposal for a regulation","Recital 9"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:49"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Projects supported by the EFSI","should also be considered additional when","generating long-term societal and","environmental benefits. The Investment","Committee shall ensure that additionality","is verified in its selection procedure."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should","be considered additional given their","inherent difficulty and their high added","value for the Union."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"70","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Edward Czesak","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-71","justification":" At European level, the Council\u2019s conclusions on external strategy in May 2016, have\n mandated the Code of Conduct (CoC) Group to provide an EU list of non-cooperative\n jurisdictions by the end of 2017, which will be decided by the EU Council, based on objective\n criteria such as lists published by the OECD and FATF and only after providing an\n appropriate time to jurisdictions concerned for updating their legal framework and\n procedures. It is essential that any such requirements are implemented in accordance with the\n EIB\u2019s applicable policies, and are workable, clear and unambiguous, as defined by EU\n legislation and at an appropriate level of authority of the Commission. They also need to be\n coherent with those applicable to other mandates under the Financial Regulation. The\n Commission shall provide detailed guidance, where needed, which shall be based on clear\n and objective criteria and be publically available.","location":[["Proposal for a regulation","Recital 9 a (new)"]],"meps":[132925],"meta":{"created":"2019-07-03T06:31:49"},"new":["(9a) Transparency in the eligibility,","approval and the selection of projects is","an essential condition and is to be","reflected in the governance structure of","the decision-making process. It is","therefore important to continually","confirm the accountability of the decision-","takers in order to ensure that any","difficulties in the implementation of","Regulation (EU) No 2015/1017 are not","repeated in this Regulation. Moreover, the","Commission should work closely with the","EIB in the formation of pre-defined,","clear, objective and publicly-available","criteria that reduce legal uncertainty and","improve tax governance, especially when","the investment activities involve entities","with links to non-cooperative","jurisdictions."],"old":[""],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"71","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Xabier Benito Ziluaga, Paloma L\u00f3pez Bermejo","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-72","location":[[" Proposal for a regulation","Recital 10"]],"meps":[135490,125047],"meta":{"created":"2019-07-03T06:31:49"},"new":["deleted"],"old":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","blending operations combining non-","reimbursable forms of support and/or","financial instruments from the Union","budget, such as those available under the","Connecting Europe Facility, and","financing from EIB Group, including","EIB financing under the EFSI, as well as","other investors should be encouraged.","Blending aims to enhance the value added","of Union spending by attracting","additional resources from private","investors and to ensure the actions","","supported become economically and","financially viable."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"72","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Edward Czesak","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-73","justification":" The optimisation of the mix of funding and financing sources is, by its nature, discretionary\n and not an exact science. EIAH will therefore seek to provide \u201cguidance\u201d in this area.\n Editing changes are proposed to avoid the potential confusion with advice on financial\n market investment. EIB agrees with the concept of also leveraging specialised sector\n expertise from other entities through the EIAH where appropriate. Indeed, EIAH is already\n bringing in external expertise, for example, in market segment studies concerning space\n industries and innovation hubs to complement and leverage in-house knowledge.","location":[["Proposal for a regulation","Recital 10"]],"meps":[132925],"meta":{"created":"2019-07-03T06:31:49"},"new":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","blending operations combining non-","reimbursable forms of support and/or","financial instruments from the Union","budget, such as those available under the","Connecting Europe Facility, and financing","from EIB Group, including EIB financing","under the EFSI, as well as other investors","should be encouraged. Blending aims to","enhance the value added of Union","spending by attracting additional resources","from private investors and to ensure the","actions supported become economically","and financially viable. In view of the","inherent complexity of those instruments,","the EIAH should also give guidance on","the optimal choice of funding instruments","and blending. Moreover, the EIAH, being","a market-driven instrument providing","advice on investment in various market","sectors, should where appropriate also","provide access to expertise other advisory","entities with relevant specialised","knowledge of specific market sectors.","Encouragement of further collaboration","between the EIAH and other advisory","entities will be critical for the success of","the EFSI, especially in market areas and","niches where higher specialisation and","deeper know-how is needed."],"old":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","blending operations combining non-","reimbursable forms of support and/or","financial instruments from the Union","budget, such as those available under the","Connecting Europe Facility, and financing","from EIB Group, including EIB financing","under the EFSI, as well as other investors","should be encouraged. Blending aims to","enhance the value added of Union","spending by attracting additional resources","from private investors and to ensure the","actions supported become economically","and financially viable."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"73","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-74","location":[[" Proposal for a regulation","Recital 10"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:49"},"new":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","blending operations combining non-","reimbursable forms of support and/or","financial instruments from the Union","budget not subject to excessive risk, such","as some of those available under the","Connecting Europe Facility, and financing","from EIB Group, including EIB financing","under the EFSI, as well as other investors","should be encouraged. Blending aims to","enhance the value added of Union","spending by attracting additional resources","from private investors and to ensure the","actions supported become economically","and financially viable."],"old":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","blending operations combining non-","reimbursable forms of support and/or","financial instruments from the Union","budget, such as those available under the","Connecting Europe Facility, and financing","from EIB Group, including EIB financing","under the EFSI, as well as other investors","should be encouraged. Blending aims to","enhance the value added of Union","spending by attracting additional resources","from private investors and to ensure the","actions supported become economically","and financially viable."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"74","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Dominique Riquet, Pavel Teli\u010dka, Angelika Mlinar","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-75","location":[[" Proposal for a regulation","Recital 10 a (new)"]],"meps":[96885,124706,125026],"meta":{"created":"2019-07-03T06:31:49"},"new":["(10a) In order to improve the","performance of the EFSI at both national","and regional level, there is a need to step","up cooperation between the EIB, which","steers the EFSI, and the national","promotional banks."],"orig_lang":"fr","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"75","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Dominique Riquet, Pavel Teli\u010dka, Angelika Mlinar","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-76","location":[["Proposal for a regulation","Recital 10 b (new)"]],"meps":[96885,124706,125026],"meta":{"created":"2019-07-03T06:31:49"},"new":["(10b) It should be noted that the rules in","force on flexibility and the","implementation of the stability and growth","pact1a restrict the Member States\u2019","capabilities \u2013 under the preventive, and","particularly the corrective, arm of the pact","\u2013 to co-finance projects that are also co-","financed by the EFSI. There needs to be a","general interinstitutional debate on","whether or not to change the way in","which those indirect national","contributions are treated in the","Commission\u2019s application of the pact.","__________________","1a COM(2015)12 final"],"orig_lang":"fr","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"76","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Edward Czesak","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-77","location":[["Proposal for a regulation","Recital 11"]],"meps":[132925],"meta":{"created":"2019-07-03T06:31:49"},"new":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged. With a view to contributing to","the Union objective of economic, social","and territorial cohesion and reducing","regional disparities, whilst preserving the","market driven nature of EFSI, the","geographical balance of EFSI support","needs to be enhanced in line with the","geographical diversification and","concentration guidelines and by","strengthening the role of the EIAH."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"77","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Xabier Benito Ziluaga, Sofia Sakorafa, Neoklis Sylikiotis","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-78","location":[[" Proposal for a regulation","Recital 11"]],"meps":[135490,125091,124689],"meta":{"created":"2019-07-03T06:31:49"},"new":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions and to encourage social and","regional cohesion through the creation of","quality jobs and the broadening and","improvement of the productive base of","Member States, especially those most","affected by the crisis, the scope of the","general objectives eligible for EFSI support","should be enlarged."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"78","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-79","location":[["Proposal for a regulation","Recital 11"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:49"},"new":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged, as long as this is line with the","principles set out in the Treaty in relation","to territorial, social and economic","cohesion."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"79","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Victor Negrescu, Eva Kaili","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-80","location":[["Proposal for a regulation","Recital 11"]],"meps":[88882,125109],"meta":{"created":"2019-07-03T06:31:49"},"new":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged ensuring a balanced distribution","of projects across the Union, so that all","Member States have access to finance."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"80","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Barbara Kappel, Lorenzo Fontana, Angelo Ciocca","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-81","location":[["Proposal for a regulation","Recital 11"]],"meps":[125024,96993,183793],"meta":{"created":"2019-07-03T06:31:50"},"new":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, steps must be taken to also make","the EFSI known to a broader public and","accessible for investment projects in","Member States with less-developed and","transition regions;"],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","","eligible for EFSI support should be","enlarged."],"orig_lang":"de","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"81","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Aldo Patriciello","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-82","location":[[" Proposal for a regulation","Recital 11"]],"meps":[36392],"meta":{"created":"2019-07-03T06:31:50"},"new":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions and in regions that are not within","the European average in terms of GDP","growth, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"82","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-83","location":[[" Proposal for a regulation","Recital 11 a (new)"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:50"},"new":["(11a) With a view to contributing to the","Union objective of economic, social, and","territorial cohesion and reducing regional","disparities, the geographic balance of","EFSI support needs urgently be enhanced","by providing for effective implementation","of geographic diversification and by","strengthening the role of the EIAH,","including the creation of decentralised","regional clusters of technical assistance;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"83","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Victor Negrescu","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-84","location":[["Proposal for a regulation","Recital 11 a (new)"]],"meps":[88882],"meta":{"created":"2019-07-03T06:31:50"},"new":["(11a) Considers it important to count the","low level of development of the region","where the project is being carried out or","from which the beneficiary comes as an","additional risk factor, given that the","objective of the European Fund for","Strategic Investments is to allocate funds","to high-risk projects;"],"orig_lang":"ro","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"84","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Victor Negrescu","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-85","location":[["Proposal for a regulation","Recital 11 b (new)"]],"meps":[88882],"meta":{"created":"2019-07-03T06:31:50"},"new":["(11b) Calls for a detailed activity report","to be presented on the achievement of","those goals through the projects financed,","taking account of additional criteria on","the allocation of funds geared to social","and environmental factors or","corresponding areas of European","funding;"],"orig_lang":"ro","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"85","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-86","location":[[" Proposal for a regulation","Recital 12"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:50"},"new":["deleted"],"old":["(12) For the full investment period, the","Union should provide a Union guarantee","(the \u2018EU guarantee\u2019) which should not, at","any time, exceed EUR 26 000 000 000 in","order to enable the EFSI to support","investments, of which a maximum of EUR","16 000 000 000 should be available prior","to 6 July 2018."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"86","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-87","location":[[" Proposal for a regulation","Recital 13"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:50"},"new":["deleted"],"old":["(13) It is expected that when the EU","guarantee is combined with the EUR 7","500 000 000 to be provided by the EIB,","the EFSI support should generate EUR","100 000 000 000 additional investment by","the EIB and EIF. The amount of EUR","100 000 000 000 supported by the EFSI is","expected to generate at least EUR 500 000","000 000 of additional investment in the","real economy by the end of 2020."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"87","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-88","location":[[" Proposal for a regulation","Recital 14"]],"meps":[124835,124796],"meta":{"created":"2019-07-03T06:31:50"},"new":["deleted"],"old":["(14) In order to partly finance the","contribution from the general budget of","the Union to the EU guarantee fund for","the additional investments to be made, a","transfer should be made from the","available envelope of the Connecting","Europe Facility (CEF), provided for in","Regulation (EU) No 1316/2013 of the","European Parliament and of the","Council4. Moreover, EUR 1 145 797 000","of appropriations should be transferred","from the CEF financial instruments to the","grant part of the CEF with a view to","facilitating blending with the EFSI or to","other relevant instruments, in particular","those dedicated to energy efficiency.","__________________","4Regulation (EU) No 1316/2013 of the","European Parliament and of the Council","of 11 December 2013 establishing the","Connecting Europe Facility, amending","Regulation (EU) No 913/2010 and","repealing Regulations (EC) No 680/2007","and (EC) No 67/2010, OJ L 348, 12.2013,","p. 129."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"88","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Miroslav Poche","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-89","location":[["Proposal for a regulation","Recital 15 a (new)"]],"meps":[124699],"meta":{"created":"2019-07-03T06:31:50"},"new":["(15a) It is to be noted that strict","implementation of the Stability and","Growth Pact is an obstacle for some","Member States, particularly those that","suffered more from the recent financial","crisis, to participating directly in the EFSI","or indirectly by contributing with public","financing to individual projects and","platforms. In order to encourage further","contributions from Member States and","regional and local administrations, any","direct or indirect national contributions","should be treated as \u2018one-offs\u2019 under the","Stability and Growth Pact. These","measures will support Member States in","implementing necessary reforms that are","essential for consolidating the growth of","local economies."],"old":[""],"orig_lang":"cs","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"89","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-90","location":[[" Proposal for a regulation","Recital 16"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:50"},"new":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments. Experience so far","nevertheless points to a sharp increase in","indirect financing in respect of SMEs,","through highly opaque structures and","speculative investment funds geared","towards maximising short-term profits","rather than towards supporting the real","economy and the SMEs themselves."],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"90","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Xabier Benito Ziluaga, Sofia Sakorafa, Neoklis Sylikiotis","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-91","location":[[" Proposal for a regulation","Recital 16"]],"meps":[135490,125091,124689],"meta":{"created":"2019-07-03T06:31:50"},"new":["(16) In line with the exceptional market","demand for SME financing under the EFSI,","the EFSI SME Window should be","enhanced with additional resources, as","well as the support capacities for SME of","the advisory hub. Particular attention","should be paid to social enterprises."],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to","social enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"91","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Edward Czesak","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-92","justification":"There is no EFSI logo. The operations are EIB operations and as such the visual identity of\nEFSI is represented by the combined logos of EIB/EIF and the EC.","location":[["Proposal for a regulation","Recital 17"]],"meps":[132925],"meta":{"created":"2019-07-03T06:31:50"},"new":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017. The","information on EFSI support should be","prominently placed in the financing","agreement, particularly in the case of","SMEs, so as to increase the visibility of","the EFSI as a Union initiative."],"old":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"92","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Maria Spyraki, Pascal Arimont, Cristian-Silviu Bu\u015foi, Eva Kaili","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-93","location":[[" Proposal for a regulation","Recital 17"]],"meps":[125064,24922,38420,125109],"meta":{"created":"2019-07-03T06:31:50"},"new":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including start-","ups and SMEs, are informed of the","existence of EFSI support, so as to enhance","the visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"old":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"93","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-94","location":[[" Proposal for a regulation","Recital 17 a (new)"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:50"},"new":["(17a) To improve the transparency of the","EFSI, the EIB must publish all","information and impact assessment","results relating to operations carried out,","indicating added value and additionality","for each funded project and its","contribution to the achievement of EFSI","targets and long-term EU strategies and","core objectives. Similarly, the EIB must","publish analytical data for each funded","project, including EFSI lending through","financial intermediaries, giving ex-ante","and ex-post assessments of each project","with a detailed explanation of the","selection and assessment indicators and","criteria used. Finally, the publication of","objective data is necessary relating to jobs","directly and indirectly created through the","EFSI, bearing in mind also the Social","Pillar being developed by the","Commission."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"94","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Victor Negrescu","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-95","location":[["Proposal for a regulation","Recital 17 a (new)"]],"meps":[88882],"meta":{"created":"2019-07-03T06:31:50"},"new":["(17a) Calls on the European Investment","Bank not to turn the interest rate on funds","granted in the form of loans into a","deterrent and burden for beneficiaries,","given the importance of allocating funds","to projects and zones with a high risk","factor; calls on the European Investment","Bank to increase transparency regarding","the interest rate and commission charged","for EFSI projects across the European","Union, and to ensure that these do not","become elements of discrimination","between different categories of","beneficiaries or between regions;"],"orig_lang":"ro","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"95","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Victor Negrescu","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-96","location":[["Proposal for a regulation","Recital 18"]],"meps":[88882],"meta":{"created":"2019-07-03T06:31:50"},"new":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is signed. Calls for","transparency regarding the scoring and","assessment system for projects to be","increased, by publishing the assessment","reports and the criteria on the basis of","which a project has been approved or","rejected;"],"old":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is signed.",""],"orig_lang":"ro","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"96","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-97","location":[[" Proposal for a regulation","Recital 18"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:51"},"new":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee has been evaluated, with the","exclusion of commercially sensitive","information."],"old":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is signed."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"97","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Barbara Kappel, Lorenzo Fontana, Angelo Ciocca","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-98","location":[[" Proposal for a regulation","Recital 18"]],"meps":[125024,96993,183793],"meta":{"created":"2019-07-03T06:31:51"},"new":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public on the EIB\u2019s EFSI website","once an operation under the EU guarantee","is signed."],"old":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is signed."],"orig_lang":"de","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"98","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Xabier Benito Ziluaga, Paloma L\u00f3pez Bermejo, Sofia Sakorafa, Neoklis Sylikiotis","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-99","location":[["Proposal for a regulation","Recital 18"]],"meps":[135490,125047,125091,124689],"meta":{"created":"2019-07-03T06:31:51"},"new":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is approved."],"old":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is signed."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"99","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Victor Negrescu","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-100","location":[["Proposal for a regulation","Recital 19 a (new)"]],"meps":[88882],"meta":{"created":"2019-07-03T06:31:51"},"new":["(19a) Calls for all information material","and material that forms part of the","financing procedure to be translated into","all the languages of the Member States, in","order to facilitate information and access","at local level;"],"orig_lang":"ro","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"100","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Maria Spyraki, Pascal Arimont, Cristian-Silviu Bu\u015foi, Eva Kaili","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-101","location":[[" Proposal for a regulation","Recital 21"]],"meps":[125064,24922,38420,125109],"meta":{"created":"2019-07-03T06:31:51"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects","by strengthening its local presence in","countries with limited capacity but with","high investment potential. It should also","actively collaborate with established","National Promotional Banks, work with","the Commission in order to facilitate","Member States in the establishment of","NPBs, contribute to the establishment of","sectoral or regional investment platforms","and provide advice on the combination of","other sources of Union funding with the","EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"101","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes","changes":{},"committee":["ITRE"],"compromise":["on behalf of the Verts/ALE Group"],"date":"2017-03-02T00:00:00","id":"PE599.782-102","location":[["Proposal for a regulation","Recital 21"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:51"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced through","increased accessibility and transparency,","and its activities should focus on needs not","covered adequately under current","arrangements: It should pay particular","attention to supporting the preparation of","projects providing genuine additionality,","involving two or more Member States and","that contribute to achieving the objectives","of COP21. Notwithstanding its objective to","build upon existing advisory services of the","EIB and the Commission, so to act as a","single technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating and","eventually aggregating projects, for","example in the area of energy efficiency.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI, as","well as informing about the respective","eligibility criteria to be respected by these","funds."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"102","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Victor Negrescu, Eva Kaili","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-103","location":[["Proposal for a regulation","Recital 21"]],"meps":[88882,125109],"meta":{"created":"2019-07-03T06:31:51"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects","and take into account the specificities of","Member States such as maturity of","financial markets, the limited experience","in the use of complex financial","instruments, specific obstacles related to","the development and implementation of","projects. It should also actively contribute","to the establishment of investment","platforms and provide advice on the","combination of other sources of Union","funding with the EFSI."],"old":["(21) The European Investment Advisory","","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"103","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Barbara Kappel, Lorenzo Fontana, Angelo Ciocca","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-104","location":[[" Proposal for a regulation","Recital 21"]],"meps":[125024,96993,183793],"meta":{"created":"2019-07-03T06:31:51"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States. Notwithstanding its objective to","build upon existing advisory services of the","EIB and the Commission, so to act as a","single technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI.","Notes however that the EIAH has already","dealt with some 230 requests from 27","Member States and the EIPP has already","published more than 100 investment","projects since its launch on 1 June 2016."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"104","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Xabier Benito Ziluaga","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-105","location":[["Proposal for a regulation","Recital 21"]],"meps":[135490],"meta":{"created":"2019-07-03T06:31:51"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving SME and projects that","contribute to quality job creation in line","with the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI in","order to maximise the number of projects,","the number of beneficiaries and the job","creation impacts."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"105","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Anne Sander","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-106","location":[[" Proposal for a regulation","Recital 21"]],"meps":[24594],"meta":{"created":"2019-07-03T06:31:52"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States, particularly in border regions, or","that contribute to achieving the objectives","of COP21. Notwithstanding its objective to","build upon existing advisory services of the","EIB and the Commission, so to act as a","single technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"fr","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"106","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Barbara Kappel, Lorenzo Fontana, Angelo Ciocca","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-107","location":[["Proposal for a regulation","Recital 21"]],"meps":[125024,96993,183793],"meta":{"created":"2019-07-03T06:31:52"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should also pay attention","to supporting the preparation of projects","involving two or more Member States and","projects that contribute to achieving the","objectives of COP21. Notwithstanding its","objective to build upon existing advisory","services of the EIB and the Commission,","so to act as a single technical advisory hub","for project financing within the Union, the","EIAH should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"de","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"107","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Barbara Kappel, Lorenzo Fontana, Angelo Ciocca","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-108","location":[["Proposal for a regulation","Recital 21 a (new)"]],"meps":[125024,96993,183793],"meta":{"created":"2019-07-03T06:31:52"},"new":["(21a) Recalls that the advisory hub has","been established to help project promoters","to develop their projects so that they fulfil","the eligibility criteria according to the","EFSI regulation; calls on the EIB, EFSI","and advisory hub to prioritise on efficient","and effective communication with","promoters with a view to maximising the","benefits that the latter can bring in","overcoming investment barriers;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"108","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Clare Moody","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-109","location":[[" Proposal for a regulation","Recital 21 a (new)"]],"meps":[124944],"meta":{"created":"2019-07-03T06:31:52"},"new":["(21a) The Commission should identify","alternative sources of financing for any","future extension of EFSI beyond the","current multiannual financial framework,","and no further funding should be diverted","from Regulation (EU) No 1291/2013, in","view of the challenges posed to Europe\u2019s","position as a global leader in science,","research and discovery;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"109","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Victor Negrescu","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-110","location":[[" Proposal for a regulation","Recital 21 a (new)"]],"meps":[88882],"meta":{"created":"2019-07-03T06:31:52"},"new":["(21a) Calls for increased funding to","enable the Advisory Hub to set up offices","and advisory services in all Member","States for the purpose of ensuring greater","access, gaining an understanding of the","specific situation at national and regional","level and improving information and","communication regarding the ESIF;"],"orig_lang":"ro","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"110","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Victor Negrescu, Eva Kaili","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-111","location":[["Proposal for a regulation","Recital 21 b (new)"]],"meps":[88882,125109],"meta":{"created":"2019-07-03T06:31:52"},"new":["(21b) The definition of the powers and","responsibilities of the European Platform","for advice on investments, Steering","Committee and Investment Committee","should be further clarified;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"111","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Barbara Kappel, Angelo Ciocca, Lorenzo Fontana","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-112","location":[["Proposal for a regulation","Recital 21 b (new)"]],"meps":[125024,183793,96993],"meta":{"created":"2019-07-03T06:31:52"},"new":["(21b) Notes that one entity can receive","resources from both ESI Funds and EFSI","for the same project if the respective","conditions are met, underlines that this","practice opens the door to confusion,","misunderstanding and possibly abuse;","instructs the Commission to investigate","and report on such projects; calls on the","Commission to take the necessary","measures against possible abuse of ESI","Funds and EFSI resources for political","purposes; calls on the Commission to","investigate and scrutinise possible ties","between projects and politicians and","political pressure groups;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"112","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Victor Negrescu","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-113","location":[["Proposal for a regulation","Recital 21 c (new)"]],"meps":[88882],"meta":{"created":"2019-07-03T06:31:52"},"new":["(21c) Takes a positive view of the","possibility for certain EFSI funding to be","offered in the form of participation in the","projects financed; given the possibility for","certain financing to be offered in this","form, considers it appropriate also to","integrate this system into public projects","submitted for funding;"],"orig_lang":"ro","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"113","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-114","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 introductory part"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:52"},"new":["Regulation (EU) No 2015/1017, while","ceasing to be effective as of the deadlines","stipulated therein, is amended as follows:"],"old":["Regulation (EU) No 2015/1017 is amended","as follows:"],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"114","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-115","justification":"\nThis deletion is necessary in order to maintain the existing situation.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 1"],[" Regulation (EU) 2015/1017","Article 4 \u2013 paragraph 2"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:52"},"new":["deleted","in point (a), point (ii) is replaced","in point (c), point (i) is replaced by"],"old":["(1) Article 4(2) is amended as follows:","(a)","by the following:","\u2018(ii) the amount, of no less than EUR 7","500 000 000 in guarantees or cash, and","the terms of the financial contribution","which is to be provided by the EIB","","through the EFSI;\u2019","(b)","the following:","\u2018(i) in accordance with Article 11, detailed","rules on the provision of the EU","guarantee, including its arrangements on","coverage, its defined coverage of","portfolios of specific types of instruments","and the respective events triggering","possible calls on the EU guarantee;\u2019"],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"115","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-116","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 1 a (new)"],["Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 2"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:52"},"new":["(1a) in Article 5 (1) subparagraph 2 is","replaced by the following","The projects supported by the EFSI shall","not be considered additional solely based","on a risk profile corresponding to EIB","special activities, as defined in Article 16","of the EIB Statute and by the credit risk","policy guidelines of the EIB, but only if","they also match the additionality criteria:","Or. en","(http://eur-lex.europa.eu/legal-","content/EN/TXT/HTML/?uri=CELEX:32015R1017&from=EN)"],"old":["The projects supported by the EFSI, while","striving to create employment and","sustainable growth, shall be considered to","provide additionality if they carry a risk","corresponding to EIB special activities, as","defined in Article 16 of the EIB Statute and","by the credit risk policy guidelines of the","EIB.","","",""],"peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"116","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-117","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraphs 3 to 5"]],"meps":[124835,124796],"meta":{"created":"2019-07-03T06:31:52"},"new":["deleted"],"old":["(2) in Article 5(1) the third","subparagraph is replaced by the","following:","\u2018To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-","sharing instruments, cross-border","characteristics, exposure to specific risks","or other identifiable aspects as further","described in Annex II.","EIB projects carrying a risk lower than","the minimum risk under EIB special","activities may also be supported by the","EFSI if the use of the EU guarantee is","required to ensure additionality as defined","in the first subparagraph of this","paragraph.","The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality.\u2019"],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"117","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Maria Spyraki, Pascal Arimont, Cristian-Silviu Bu\u015foi, Eva Kaili","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-118","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 3"]],"meps":[125064,24922,38420,125109],"meta":{"created":"2019-07-03T06:31:52"},"new":["To better address economic and financial","inefficiencies, including market failures or","sub-optimal investment situations,","discrepancies in the investment capacity","of the Member States as reflected in","diverse risk premiums, leveraging","frictions or weak investment multipliers,","and including also complicated","multinational and cross border projects,","and lack of risk-taking, especially in","research, innovation, new technologies as","well as in new and traditional","infrastructures, EIB\u2019s special activities","supported by the EFSI shall typically have","features such as subordination,","participation in risk-sharing instruments, as","well as first-loss guarantee schemes only","when combined with EU and/or national","budgetary resources, cross-border","characteristics, exposure to specific risks or","other identifiable aspects as further","described in Annex II.","Or. en","(http://eur-lex.europa.eu/legal-","content/EN/TXT/HTML/?uri=CELEX:32015R1017&from=EN)"],"old":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-sharing","instruments, cross-border characteristics,","exposure to specific risks or other","identifiable aspects as further described in","Annex II.","",""],"peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"118","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Edward Czesak","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-119","justification":" EU and/ or national budgetary resources are necessary for further expanding the use of first\n loss guarantee schemes (e.g. EFSI-ESI Funds combination in investment platforms structured\n as layered funds) in cases where there is a misalignment of financial risk-return for investors,\n yet the projects needing financing would have very high economic and social returns. In\n summary, EFSI will not be the FLP, but rather the ESIF or EU/national budgetary resources\n can provide FLP to credit enhance EFSI that, in turn, will be subordinated to other lenders.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 3"]],"meps":[132925],"meta":{"created":"2019-07-03T06:31:52"},"new":["To better address economic and financial","inefficiencies, including market failures,","sub-optimal investment situations,","discrepancies in the investment capacity","of the Member States as reflected in","diverse risk premiums, leveraging","frictions or weak investment multipliers,","and including also complicated","multinational and cross border projects,","and lack of risk-taking, especially in","research, innovation, new technologies as","well as in new and traditional","infrastructures, EIB\u2019s special activities","supported by the EFSI shall typically have","features such as subordination,","participation in risk-sharing instruments, as","well as first-loss guarantees schemes","when combined with Union and/or","national budgetary resources, cross-","border characteristics, exposure to specific","risks or other identifiable aspects as further","described in Annex II."],"old":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","","subordination, participation in risk-sharing","instruments, cross-border characteristics,","exposure to specific risks or other","identifiable aspects as further described in","Annex II."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"119","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-120","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 3"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:53"},"new":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features as further described","in Annex II.","(This AMs changes the new text as","proposed by the COM in addition to Article","5, paragraph 1, point 1 (new))"],"old":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-","","sharing instruments, cross-border","characteristics, exposure to specific risks","or other identifiable aspects as further","described in Annex II."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"120","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Xabier Benito Ziluaga, Sofia Sakorafa, Neoklis Sylikiotis","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-121","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 3"]],"meps":[135490,125091,124689],"meta":{"created":"2019-07-03T06:31:53"},"new":["To better address market failures or sub-","optimal investment situations, EFSI shall","maximise the number of projects aiming","to maximise the number of beneficiaries","and the potential leverage effect. To this","end at least one third of total guarantees","will be used to support MSMEs and","cooperatives."],"old":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-","sharing instruments, cross-border","characteristics, exposure to specific risks","or other identifiable aspects as further","described in Annex II."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"121","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Dominique Riquet, Pavel Teli\u010dka, Angelika Mlinar","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-122","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 3 a (new)"]],"meps":[96885,124706,125026],"meta":{"created":"2019-07-03T06:31:53"},"new":["The EIB shall intervene - as a matter of","course where blending is concerned and","where necessary and relevant in other","cases - by providing first loss guarantees","for the special activities referred to in the","first subparagraph in order to optimise","the additionality of the EFSI facility and","mobilise more private funds."],"old":[""],"orig_lang":"fr","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"122","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-123","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 4"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:53"},"new":["deleted"],"old":["EIB projects carrying a risk lower than","the minimum risk under EIB special","activities may also be supported by the","EFSI if the use of the EU guarantee is","required to ensure additionality as defined","in the first subparagraph of this","paragraph."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"123","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Xabier Benito Ziluaga","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-124","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 4"]],"meps":[135490],"meta":{"created":"2019-07-03T06:31:53"},"new":["deleted"],"old":["EIB projects carrying a risk lower than","the minimum risk under EIB special","activities may also be supported by the","EFSI if the use of the EU guarantee is","required to ensure additionality as defined","in the first subparagraph of this","","paragraph."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"124","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-125","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 4"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:53"},"new":["The EIB shall revise its risk assessment","methodology in order to incorporate","elements additional to financial criteria.","Additionality should also be linked to the","innovative nature and long-term","environmental and societal benefits of the","project and their potentially longer-term","and higher risk financing needs.\u201d","Or. en","(http://eur-lex.europa.eu/legal-","content/EN/TXT/HTML/?uri=CELEX:32015R1017&from=EN)"],"old":["EIB projects carrying a risk lower than","the minimum risk under EIB special","activities may also be supported by the","EFSI if the use of the EU guarantee is","required to ensure additionality as defined","in the first subparagraph of this","paragraph.\u201d","","",""],"peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"125","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Edward Czesak","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-126","justification":" Suggestion to use different terms for more clarity.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 4"]],"meps":[132925],"meta":{"created":"2019-07-03T06:31:53"},"new":["EIB projects carrying a risk lower than the","minimum risk under EIB special activities","cannot be supported by the EFSI unless","the use of the EU guarantee is necessary to","ensure additionality, as defined in the first","subparagraph of this paragraph and","provided that those projects cannot be","funded at better terms through other","sources of financing."],"old":["EIB projects carrying a risk lower than the","minimum risk under EIB special activities","may also be supported by the EFSI if the","use of the EU guarantee is required to","ensure additionality as defined in the first","subparagraph of this paragraph.",""],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"126","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Christian Ehler, Eva Kaili, Pervenche Ber\u00e8s","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-127","justification":" The EFSI should help SMEs to overcome capital shortages and typically target projects with\n a higher risk profile than projects supported by EIB normal operations; CCIs have been listed\n as a priority, yet until May 2016 no funding had been granted for projects in the CCIs which\n mainly consist of SMEs with a higher degree of risk; Therefore calls on the EIB to address the\n lack of EFSI funding to CCIs by investigating interaction with Creative Europe and the\n\n\nGuarantee Facility in order to provide fit-for-purpose loans for CCIs.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 4 a (new)"]],"meps":[28226,125109,1985],"meta":{"created":"2019-07-03T06:31:53"},"new":["In order to better reach sectors where the","demand for financing cannot be","sufficiently met by the private market and","where the nature and size of operations","and loan requirements do not make it","possible to access funding through classic","EIB activities, EFSI shall also support","sector-specific financial mechanisms, in","particular for Cultural and Creative","Industries (CCIs), provided for under","Union frame-work programmes such as","the Guarantee Facility within the Creative","Europe Programme through the provision","of guarantees for topping-up and front-","loading of these mechanisms."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"127","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Xabier Benito Ziluaga, Paloma L\u00f3pez Bermejo","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-128","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 5"]],"meps":[135490,125047],"meta":{"created":"2019-07-03T06:31:53"},"new":["deleted"],"old":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"128","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-129","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 5"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:53"},"new":["Projects that consist of physical","infrastructure linking two or more Member","States or of the extension of physical","infrastructure or services linked to physical","infrastructure from one Member State to","one or more Member States, shall not be","considered to provide additionality as","such, except when generating long-term","societal and environmental benefits; the","Investment Committee shall ensure that","such genuine additionality is verified in","its selection procedure."],"old":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality.",""],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"129","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-130","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2 a (new)"],[" Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 2 \u2013 subparagraph 2"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:53"},"new":["(2a) in Article 5(2), subparagraph 2 is","replaced by the following:","For each project approved under EFSI","there needs to be a substantiated and","verifiable justification of additionality by","the Steering Board. Therefore, the","assessment of additionality of individual","projects has to be detailed, especially in","relation to the addressed market failures.\u201d","Or. en","(http://eur-lex.europa.eu/legal-","content/EN/TXT/HTML/?uri=CELEX:32015R1017&from=EN)"],"old":["Where the risk level so requires, EIB","special activities shall be more broadly","used under this Regulation than before","the entry into force thereof. This shall in","particular apply with respect to those","Member States where EIB special","activities have not been used or have been","used only exceptionally before the entry","into force of this Regulation, in order to","allow for the implementation of additional","operations and projects, as well as","additional financing by the EIB and","national promotional banks or institutions","or investment platforms.\u201d","","",""],"peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"130","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Xabier Benito Ziluaga, Sofia Sakorafa, Neoklis Sylikiotis","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-131","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2 a (new)"],[" Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 2 a (new)"]],"meps":[135490,125091,124689],"meta":{"created":"2019-07-03T06:31:53"},"new":["(2a) In Article 5 the following","paragraph is added:","2a. To this end, the EFSI shall assess","the environmental and social","performance of every project supported.","In order to not only base the additionality","criteria by financial or risk variables but","also for their environmental and social","impact."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"131","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Xabier Benito Ziluaga, Paloma L\u00f3pez Bermejo, Sofia Sakorafa, Neoklis Sylikiotis","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-132","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 3 a (new)"],["Regulation (EU) 2015/1017","Article 6 \u2013 paragraph 1 \u2013 subparagraph 1 a (new)"]],"meps":[135490,125047,125091,124689],"meta":{"created":"2019-07-03T06:31:53"},"new":["(3a) In Article 6(1) the following","subparagraph is added:","The Investment Committee shall be","responsible to ensure that overall, projects","under the EU guarantee foster European","social and regional cohesion."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"132","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-133","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point -a (new)"],["Regulation (EU) 2015/1017","Article 7 \u2013 paragraph 8 \u2013 point d"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:53"},"new":["(-a) point d) is amended as follows","\u201c(d) information and communication","technologies infrastructures such as energy","efficient block chain technologies to","create economic incentives for","environmentally responsible behaviour;\u201d","Or. en","(http://eur-lex.europa.eu/legal-","content/EN/TXT/HTML/?uri=CELEX:32015R1017&from=EN)"],"old":["\u201c(d) information and communication","technologies infrastructures;\u201d","","",""],"peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"133","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-134","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point a \u2013 point ii"],[" Regulation (EU) 2015/1017","Article 7 \u2013 paragraph 8 \u2013 point l"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:54"},"new":["deleted","agriculture, fishery and"],"old":["(ii) The following point (l) is added:","(l)","aquaculture."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"134","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Dominique Riquet, Pavel Teli\u010dka","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-135","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point a \u2013 point ii a (new)"],[" Regulation (EU) 2015/1017","Article 7 \u2013 paragraph 8 \u2013 point l a (new)"]],"meps":[96885,124706],"meta":{"created":"2019-07-03T06:31:54"},"new":["(iia) the following point is added:","\u2018(la) defence\u2019."],"orig_lang":"fr","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"135","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-136","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d"],["Regulation (EU) 2015/1017","Article 7 \u2013 paragraph 12 \u2013 subparagraph 2 \u2013 second sentence"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:54"},"new":["Decisions approving the use of the EU","guarantee shall be public and accessible","through detailed minutes, and include the","rationale for the decision, with particular","focus on compliance with the additionality","criterion. The Scoreboard shall function","as a priority setting tool for each EFSI","project and shall be publicly available","after the evaluation of projects applying","for the use of the EU guarantee. The","publication shall not contain commercially","sensitive information. In reaching its","decision, the Investment Committee shall","be supported by the documentation","provided by the EIB."],"old":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. The publication","shall not contain commercially sensitive","information. In reaching its decision, the","Investment Committee shall be supported","by the documentation provided by the EIB."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"136","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Xabier Benito Ziluaga","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-137","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d"],["Regulation (EU) 2015/1017","Article 7 \u2013 paragraph 12 \u2013 subparagraph 2 \u2013 second sentence"]],"meps":[135490],"meta":{"created":"2019-07-03T06:31:54"},"new":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. In reaching its","decision, the Investment Committee shall","be supported by the documentation","provided by the EIB."],"old":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","","the additionality criterion. The publication","shall not contain commercially sensitive","information. In reaching its decision, the","Investment Committee shall be supported","by the documentation provided by the EIB."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"137","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Xabier Benito Ziluaga","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-138","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point -a (new)"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point b \u2013 point i"]],"meps":[135490],"meta":{"created":"2019-07-03T06:31:54"},"new":["(-a) in paragraph 2, point b point i is","replaced by the following:","(i) expansion of the use or supply of","renewable energy, avoiding any finance to","fossil fuel infrastructures such as gas","pipelines;"],"old":["(i) expansion of the use or supply of","renewable energy;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"138","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Xabier Benito Ziluaga","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-139","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point -a a (new)"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point c \u2013 introductory part"]],"meps":[135490],"meta":{"created":"2019-07-03T06:31:54"},"new":["(-aa) in paragraph 2 point c is replaced","by the following:","(c) development of transport","infrastructures, and equipment and","innovative technologies for transport,","avoiding any finance to intensive fossil","fuel infrastructures such as motorway and","airports, in particular through:"],"old":["(c) development of transport","infrastructures, and equipment and","innovative technologies for transport, in","particular through:",""],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"139","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-140","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point -a (new)"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point f \u2013 introductory part"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:54"},"new":["(-a) in paragraph 2 point f is replaced","by the following:","\u201c(f) climate change mitigation and","adaptation, environment and resource","efficiency, in particular through:\u201d","Or. en","(http://eur-lex.europa.eu/legal-","content/EN/TXT/HTML/?uri=CELEX:32015R1017&from=EN)"],"old":["\u201c(f) environment and resource","efficiency, in particular through:\u201d","","",""],"peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"140","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-141","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point a"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point h"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:54"},"new":["Deleted"],"old":["(h) agriculture, fishery and","aquaculture;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"141","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-142","justification":" Less developed and transition regions should be specially targeted by EFSI, however by fully\n respecting the structural funds priorities and the current EFSI scope.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point a"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point i"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:54"},"new":["deleted"],"old":["(i) for less-developed regions and","transition regions as listed respectively in","Annex I and Annex II of Commission","Implementing Decision 2014/99/EU5,","other industry and services eligible for","EIB support.","__________________","5 Commission Implementing Decision No","2014/99/EU of 18 February 2014 setting","out the list of regions eligible for funding","from the European Regional","Development Fund and the European","Social Fund and of Member States","eligible for funding from the Cohesion","Fund for the period 2014-2020, OJ L 50,","20.2.2014, p. 22."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"142","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-143","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point a a (new)"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point i a (new)"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:54"},"new":["(aa) in paragraph 2 the following point","is added:","(ia) When EFSI is combined with","other funds such as Horizon 2020, CEF","or the European Structural and","Investment Funds, the additionality","criteria must apply, the highest risk","tranche shall be covered by EFSI and the","project eligibility criteria of the European","Structural and Investment Funds shall","apply to the entire project;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"143","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Dominique Riquet, Pavel Teli\u010dka","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-144","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point a a (new)"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point i a (new)"]],"meps":[96885,124706],"meta":{"created":"2019-07-03T06:31:54"},"new":["(aa) in paragraph 2, the following point","is added:","\u2018(ia) support for EU initiatives in the","defence sector, in particular via:","(i) research and development at EU","level;","(ii) the development of the EU\u2019s","defence capabilities;","(iii) SMEs and mid-caps in the field of","defence."],"orig_lang":"fr","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"144","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-145","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point a b (new)"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point i b (new)"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:54"},"new":["(ab) in paragraph 2 the following point","is added:","(ib) EFSI cannot be used for defence","or military related expenditure and","current EIB lending criteria must","continue to apply in this regard to purely","civilian ends."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"145","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Barbara Kappel, Angelo Ciocca, Lorenzo Fontana","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-146","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[125024,183793,96993],"meta":{"created":"2019-07-03T06:31:54"},"new":["deleted"],"old":["(b) in paragraph 2, the following","subparagraph is added:","\u2018The EIB shall target that at least 40 % of","EFSI financing under the infrastructure","and innovation window supports projects","with components that contribute to","climate action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end.\u2019"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"146","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Kathleen Van Brempt, Eva Kaili","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-147","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[5729,125109],"meta":{"created":"2019-07-03T06:31:54"},"new":["The EIB, steering board and investment","committee shall make sure that each","supported project is in line with the","criteria set out in the regulation, helping","to reach our climate goals and boosting","the EU\u2019s sustainable transition; at least","40% of EFSI financing under the","infrastructure and innovation window shall","be earmarked for projects directly","accomplishing the COP21 commitments.","Clear criteria shall be set up to identify","and verify these projects and the Steering","Board shall provide detailed guidance to","that end."],"old":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"147","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Xabier Benito Ziluaga, Paloma L\u00f3pez Bermejo, Sofia Sakorafa, Neoklis Sylikiotis","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-148","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[135490,125047,125091,124689],"meta":{"created":"2019-07-03T06:31:54"},"new":["The EIB shall target that at least 80 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, including at least 35% of EFSI","financing to support energy efficiency","projects, are in line with the COP21","commitments and the EU 2050","commitments to reduce greenhouse gas","emission by 80-95%. The Steering Board","shall provide detailed guidance to that end."],"old":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"148","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-149","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:54"},"new":["\u2018The EIB shall target that at least 50% of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments, including a commitment","that at least 25% of EFSI financing","should support energy efficiency projects.","The Steering Board shall provide detailed","guidance to that end.\u2019"],"old":["\u2018The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end.\u2019"],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"149","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-150","justification":"COM 2016/500 has found that \u201cover 50% of the [EFSI] investments approved so far are\nclimate relevant\u201d (page 6, \u00a74.) In order to align the EFSI funding to EU commitments under\nthe Paris Agreements, efforts should be further stepped up in order to use this financial\ninstrument in the best possible way.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:55"},"new":["The EIB shall ensure that at least 60 % of","EFSI financing under the infrastructure and","innovation window supports projects","contribute to climate action, in line with","the COP21 commitments, including that at","least 30% of EFSI financing shall go to","projects in the sectors listed in Article 9","(2) point (b) (ii). The Steering Board shall","provide detailed guidance to that end."],"old":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"150","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Maria Spyraki, Pascal Arimont, Cristian-Silviu Bu\u015foi","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-151","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[125064,24922,38420],"meta":{"created":"2019-07-03T06:31:55"},"new":["Whilst recognizing the demand driven","nature of EFSI, the EIB shall that at least","40 % of EFSI financing in the combined","objectives under the infrastructure and","innovation window contributes to climate","action in line with the COP21","commitments. EFSI financing for SMEs","and mid-cap companies shall not be","included in the computation."],"old":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"151","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Edward Czesak","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-152","justification":" The proposed target of climate-friendly financing under EFSI should be read as one of\n several measures under the Investment Plan\u2019s three pillars aiming to contribute to EU\n climate action. The EIB is one of the largest providers of climate finance worldwide, with an\n objective to commit at least 25% of its lending portfolio to climate mitigation and/or\n adaptation activities supporting low-carbon and climate-resilient growth. The EIB\n incorporates climate considerations in all operations it finances including in the projects\n representing the remaining 75% of its lending. A binding climate action target or any other\n sectoral target will be detrimental to the other policy objectives (SMEs, RDI) or even to the\n aim of enhancing geographical balance. In addition, EFSI largely contributes to reaching\n climate action objectives \u2013 figures change every month.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[132925],"meta":{"created":"2019-07-03T06:31:55"},"new":["Whilst recognizing the demand driven","nature of EFSI, the EIB shall aim that at","least 40% of EFSI financing in the","combined objectives under the","infrastructure and innovation window","contributes to climate action in line with","the COP21 commitments. EFSI financing","for SMEs and mid-cap companies shall","not be included in that computation."],"old":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","","","provide detailed guidance to that end."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"152","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-153","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b a (new)"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 b (new)"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:55"},"new":["(ba) in paragraph 2 the following","subparagraph is added:","All EFSI projects shall comply with","National Energy and Climate Plans in","delivering 2030 targets and should","simultaneously be climate-proofed in line","with the COP21 commitments and the EU","2050 objective to reduce GHG emissions","by 80-95%. The Steering Board shall","develop adequate assessment tools and","detailed guidance to that end."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"153","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Kathleen Van Brempt, Eva Kaili","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-154","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b a (new)"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 b (new)"]],"meps":[5729,125109],"meta":{"created":"2019-07-03T06:31:55"},"new":["(ba) in paragraph 2 the following","subparagraph is added:","At least 20% of EFSI financing is","earmarked for supporting energy","efficiency projects; prioritizing small","scale, innovative projects in the buildings","sector, with special attention for projects","eliminating social inequalities and","fighting energy poverty;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"154","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-155","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b b (new)"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 c (new)"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:55"},"new":["(bb) in paragraph 2 the following","subparagraph is added:","EFSI financing in support of projects that","contribute to climate action shall not be","included into the EIB climate action","target established for its standard","portfolio of projects."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"155","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-156","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point c"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 3"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:55"},"new":["deleted","31 December 2020, for EIB","31 December 2020, for EIF"],"old":["(c) paragraph 3 is replaced by the","following:","\u20183. The investment period during which","the EU guarantee may be granted for","supporting financing and investment","operations covered by this Regulation","shall last until:","(a)","operations for which a contract between","the EIB and the beneficiary or financial","intermediary has been signed by 31","December 2022;","(b)","operations for which a contract between","the EIF and the financial intermediary","has been signed by 31 December 2022.\u2019"],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"156","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-157","justification":"Necessary in order to avoid new extensions of the EFSI","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point d"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 4"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:55"},"new":["deleted"],"old":["(d) paragraph 4 is deleted.;"],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"157","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Dominique Riquet, Pavel Teli\u010dka, Angelika Mlinar","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-158","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point d a (new)"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 7 \u2013 subparagraph 1 a (new)"]],"meps":[96885,124706,125026],"meta":{"created":"2019-07-03T06:31:55"},"new":["(da) in paragraph 7, the following","subparagraph is added:","Notes that the rules in force on flexibility","and the implementation of the stability","and growth pact1a restrict the Member","States\u2019 capabilities \u2013 under the preventive,","and particularly the corrective, arm of the","pact \u2013 to co-finance projects that are also","co-financed by the EFSI. Calls for a","general interinstitutional debate on","whether or not to change the way in","which those indirect national","contributions are treated in the","Commission\u2019s application of the pact.","__________________","1a COM(2015)12 final"],"orig_lang":"fr","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"158","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Rosa D'Amato, David Borrelli, Dario Tamburrano","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-159","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 6"],["Regulation (EU) 2015/1017","Article 10 \u2013 paragraph 2 \u2013 point a"]],"meps":[124835,124796,124813],"meta":{"created":"2019-07-03T06:31:55"},"new":["(a) EIB loans, guarantees, counter-","guarantees;"],"old":["(a) EIB loans, guarantees, counter-","","guarantees, capital market instruments,","any other form of funding or credit","enhancement instrument, including","subordinated debt, equity or quasi-equity","participations, including in favour of","national promotional banks or","institutions, investment platforms or","funds;"],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"159","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Xabier Benito Ziluaga, Paloma L\u00f3pez Bermejo","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-160","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 6"],[" Regulation (EU) 2015/1017","Article 10 \u2013 paragraph 2 \u2013 point a"]],"meps":[135490,125047],"meta":{"created":"2019-07-03T06:31:55"},"new":["(a) EIB loans, guarantees, counter-","guarantees, any other form of funding","instrument, including in favour of national","promotional banks or institutions,","investment platforms or funds;"],"old":["(a) EIB loans, guarantees, counter-","guarantees, capital market instruments,","any other form of funding or credit","enhancement instrument, including","subordinated debt, equity or quasi-equity","participations, including in favour of","national promotional banks or institutions,","investment platforms or funds;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"160","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Xabier Benito Ziluaga, Sofia Sakorafa","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-161","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 6 a (new)"],[" Regulation (EU) 2015/1017","Article 10 \u2013 paragraph 2 \u2013 point c a (new)"]],"meps":[135490,125091],"meta":{"created":"2019-07-03T06:31:55"},"new":["(6a) in Article 10(2) the following point","is added:","(ca) detailed information on the tax","payments resulting from its investment","and lending operations under the EFSI"],"old":["",""],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"161","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-162","justification":" Necessary in order to maintain the current situation as it stands.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 7"],["Regulation (EU) 2015/1017","Article 11"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:56"},"new":["deleted","in paragraph 6, points (a) and (b)","for debt instruments referred to in","for equity or quasi-equity"],"old":["(7) Article 11 is amended as follows:","(a) paragraph 1 is replaced by the","following:","\u20181. The EU guarantee shall not, at","any time, exceed EUR 26 000 000 000, of","which a part may be allocated for EIB","funding or guarantees to the EIF in","accordance with paragraph 3. Aggregate","net payments from the general budget of","the Union under the EU guarantee shall","not exceed EUR 26 000 000 000 and not","exceed EUR 16 000 000 000 prior to 6","July 2018.\u2019","(b) paragraph 3 is replaced by the","following:","\u20183. Where the EIB provides funding","or guarantees to the EIF in order to","conduct EIB financing and investment","operations, the EU guarantee shall","provide for a full guarantee on such","funding or guarantees provided that an","amount of at least EUR 4 000 000 000 of","funding or guarantees is provided by the","EIB without coverage by the EU","guarantee, up to an initial limit of EUR 6","500 000 000. Without prejudice to","paragraph 1, that limit may where","appropriate be adjusted by the Steering","Board.","","(c)","are replaced by the following:","\u2018(a)","Article 10(2)(a), the principal and all","interest and amounts due to the EIB but","not received by it in accordance with the","terms of the financing operations until the","event of default; losses arising from","fluctuations of currencies other than the","euro in markets where possibilities for","long-term hedging are limited; for","subordinated debt a deferral, reduction or","required exit shall be considered to be an","event of default;","(b)","investments referred to in Article 10(2)(a),","the amounts invested and their associated","funding cost and losses arising from","fluctuations of currencies other than the","euro;\u2019"],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"162","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-163","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 8"],[" Regulation (EU) 2015/1017","Article 12"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:56"},"new":["deleted","paragraph 5 is replaced by the","Endowments to the guarantee","From 1 July 2018, if as a result of","In the event that the EU guarantee"],"old":["(8) Article 12 is amended as follows:","(a)","following:","\u20185.","fund referred to under paragraph 2 shall","be used to reach an appropriate level","(target amount) to reflect the total EU","guarantee obligations. The target amount","","shall be set at 35 % of the total EU","guarantee obligations.\u2019","(b) paragraph 7 is replaced by the","following:","\u20187.","calls on the EU guarantee, the level of the","guarantee fund falls below 50 % of the","target amount, or it may fall below that","level within a year according to a risk","assessment by the Commission, the","Commission shall submit a report on","exceptional measures that may be","required.\u2019","(c) paragraphs 8, 9 and 10 are","replaced by the following:","\u20188. After a call on the EU guarantee,","endowments to the guarantee fund","provided for in points (b) and (d) of","paragraph 2 above the target amount","shall be used within the limits of the","investment period provided for in Article 9","to restore the EU guarantee up to its full","amount.","9. Endowments to the guarantee","fund provided for in point (c) of","paragraph (2) shall be used to restore the","EU guarantee up to its full amount.","10.","is fully restored up to an amount of EUR","26 000 000 000, any amount in the","guarantee fund in excess of the target","amount shall be paid to the general","budget of the Union as internal assigned","revenue in accordance with Article 21(4)","of Regulation (EU, Euratom) No","966/2012 for any budget lines which may","have been used as a source of","redeployment to the guarantee fund.\u2019"],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"163","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Clare Moody","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-164","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 8 a (new)"],[" Regulation (EU) 2015/1017","Article 13 \u2013 paragraph 3 a (new)"]],"meps":[124944],"meta":{"created":"2019-07-03T06:31:56"},"new":["(8a) in Article 13 the following","paragraph is added:","The Commission shall bring forward a","proposed repayment schedule for EFSI","finances sourced from Regulation (EU)","No 1291/2013 and Regulation (EU) No","1316/2013, to be repaid into their","respective successor programmes under","the next multiannual financial","framework;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"164","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Edward Czesak","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-165","justification":"The significant increase in priorities for the Hub may lead to a lack of focus and to a\ndispersion of available resources. It is important that the Hub remain a needs-driven\ninstrument, which provides support to the countries/ promoters that have the greatest needs.\nThis comment applies equally to the changes proposed below. The mention of Fintech and\nbonds is superfluous, since relevant options will be considered and are not excluded. EIAH\ncan provide support on best practice in the use of PPPs and guidance on their development,\nthus assisting in building local capacity. Ownership must, however, remain with procuring\nauthorities. Tackling of investment gaps is already implied in the goals of the IPE. We would\nsuggest to move the related wording on R&I to Amendment 27.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point i"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 1 \u2013 subparagraph 1 \u2013 second sentence"]],"meps":[132925],"meta":{"created":"2019-07-03T06:31:56"},"new":["Such support shall include the provision of","targeted support on the use of technical","assistance for project structuring, on the","use of innovative financial instruments,,","and on the, development and use of public-","private partnerships, taking into account","the specificities and needs of Member","States with less-developed financial and","capital markets, or with financial and","capital markets that were harmed by the","recent financial crisis."],"old":["Such support shall include providing","targeted support on the use of technical","assistance for project structuring, on the","use of innovative financial instruments and","on the use of public-private partnerships,","taking into account the specificities and","needs of Member States with less-","developed financial markets."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"165","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Xabier Benito Ziluaga","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-166","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point i"],["Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 1 \u2013 subparagraph 1 \u2013 second sentence"]],"meps":[135490],"meta":{"created":"2019-07-03T06:31:56"},"new":["Such support shall include providing","targeted support on the use of technical","assistance for project structuring, taking","into account the specificities and needs of","Member States with less technical","assistance available."],"old":["Such support shall include providing","targeted support on the use of technical","assistance for project structuring, on the","use of innovative financial instruments","and on the use of public-private","partnerships, taking into account the","specificities and needs of Member States","with less-developed financial markets."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"166","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-167","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point i"],["Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 1 \u2013 subparagraph 1 \u2013 second sentence"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:56"},"new":["\u2018Such support shall include providing","targeted support on the use of technical","assistance for project structuring, on the","use of innovative financial instruments and","on the use of public-private partnerships","that guarantee public ownership, taking","into account the specificities and needs of","Member States with less-developed","financial markets.\u2019"],"old":["Such support shall include providing","targeted support on the use of technical","","","assistance for project structuring, on the","use of innovative financial instruments and","on the use of public-private partnerships,","taking into account the specificities and","needs of Member States with less-","developed financial markets."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"167","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Edward Czesak","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-168","justification":" \u201cAmbitious\u201d is a non-defined term and risks exclusion of certain projects through its\n interpretation. Would suggest to delete. Suggest insertion here of reference to research and\n innovation from Amendment 26.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point ii"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 1 \u2013 subparagraph 2"]],"meps":[132925],"meta":{"created":"2019-07-03T06:31:56"},"new":["It shall also support the preparation of","climate action and circular economy","projects or components thereof, in","particular in the context of COP21, the","preparation of projects in research and","innovation, such as in the digital and","telecommunications sectors, as well as the","preparation of projects referred to in the","fifth subparagraph of Article 5(1)."],"old":["It shall also support the preparation of","climate action and circular economy","projects or components thereof, in","particular in the context of COP21, the","preparation of projects in the digital sector,","as well as the preparation of projects","referred to in the fifth subparagraph of","Article 5(1)."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"168","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Anne Sander","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-169","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point ii "]],"meps":[24594],"meta":{"created":"2019-07-03T06:31:56"},"new":["It shall also support the preparation of","climate action and circular economy","projects or components thereof, in","particular in the context of COP21, the","preparation of cross-border projects and","projects in the digital sector, as well as the","preparation of projects referred to in the","fifth subparagraph of Article 5(1)."],"old":["It shall also support the preparation of","climate action and circular economy","projects or components thereof, in","particular in the context of COP21, the","preparation of projects in the digital sector,","as well as the preparation of projects","referred to in the fifth subparagraph of","Article 5(1)."],"orig_lang":"fr","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"169","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Barbara Kappel, Angelo Ciocca, Lorenzo Fontana","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-170","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point ii"],["Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 1 \u2013 subparagraph 2"]],"meps":[125024,183793,96993],"meta":{"created":"2019-07-03T06:31:56"},"new":["It shall also support the preparation of","climate action and circular economy","projects or components thereof, the","preparation of projects in the digital sector,","as well as the preparation of projects","referred to in the fifth subparagraph of","Article 5(1)."],"old":["It shall also support the preparation of","climate action and circular economy","projects or components thereof, in","particular in the context of COP21, the","preparation of projects in the digital sector,","as well as the preparation of projects","referred to in the fifth subparagraph of","Article 5(1)."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"170","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-171","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point i"],["Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point c"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:56"},"new":["(c) leveraging local knowledge to","facilitate EFSI support across the Union","and contributing where possible to the","objectives of economic and social","cohesion, sectorial and geographical","diversification of the EFSI referred to in","Section 8 of Annex II by supporting the","EIB to originate operations;\u2019"],"old":["(c) leveraging local knowledge to","facilitate EFSI support across the Union","and contributing where possible to the","objective of sectorial and geographical","diversification of the EFSI referred to in","Section 8 of Annex II by supporting the","EIB to originate operations;"],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"171","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-172","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point i"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point c"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:56"},"new":["(c) leveraging local knowledge to","facilitate EFSI support across the Union","and contributing where possible to the","objective of sectorial and geographical","diversification of the EFSI referred to in","Section 8 of Annex II by supporting the","EIB to originate and aggregate operations;"],"old":["(c) leveraging local knowledge to","facilitate EFSI support across the Union","and contributing where possible to the","objective of sectorial and geographical","diversification of the EFSI referred to in","Section 8 of Annex II by supporting the","EIB to originate operations;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"172","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Edward Czesak","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-173","justification":"Reference to project promoters is probably not relevant here as the context implies the\norigination of EFSI-supported financing operations, not underlying investments. In any case,\npromoters should remain responsible for the identification and origination of investment\nproposals, while the EIAH can provide support and guidance during their development and\npreparation.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point i"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point c"]],"meps":[132925],"meta":{"created":"2019-07-03T06:31:56"},"new":["(c) leveraging local and regional","knowledge to facilitate EFSI support across","the Union and contributing where possible","to the objective of sectorial and","geographical diversification of the EFSI","referred to in Section 8 of Annex II by","supporting the EIB to originate operations;"],"old":["(c) leveraging local knowledge to","facilitate EFSI support across the Union","and contributing where possible to the","objective of sectorial and geographical","diversification of the EFSI referred to in","Section 8 of Annex II by supporting the","EIB to originate operations;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"173","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Xabier Benito Ziluaga, Sofia Sakorafa, Paloma L\u00f3pez Bermejo","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-174","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point i"],["Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point c"]],"meps":[135490,125091,125047],"meta":{"created":"2019-07-03T06:31:57"},"new":["(c) leveraging local knowledge to","facilitate EFSI support across the Union","and contributing to the objective of","sectorial and geographical diversification","of the EFSI referred to in Section 8 of","Annex II by supporting the EIB to","originate operations;"],"old":["(c) leveraging local knowledge to","facilitate EFSI support across the Union","and contributing where possible to the","objective of sectorial and geographical","diversification of the EFSI referred to in","Section 8 of Annex II by supporting the","EIB to originate operations;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"174","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Eva Kaili, Kathleen Van Brempt, Victor Negrescu","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-175","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point ii"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point e"]],"meps":[125109,5729,88882],"meta":{"created":"2019-07-03T06:31:57"},"new":["(e) providing pro-active support on the","establishment of investment platforms. The","tool of the investment platforms is","essential in dealing with market failures,","especially in the financing of multiple","thematic or regional projects, as well as","cross border projects. Recognises that","investment platforms creation did not","reflect the actual market needs in the","begging of the EFSI. Further attention","should be given in increasing the scope","and use of investment platforms for an","efficient smaller project aggregation."],"old":["(e) providing pro-active support on the","establishment of investment platforms;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"175","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-176","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point ii"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point e"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:57"},"new":["(e) providing pro-active support on the","establishment of investment platforms,","notably in the area of energy efficiency;"],"old":["(e) providing pro-active support on the","establishment of investment platforms;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"176","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Edward Czesak","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-177","justification":"Demand does not always reflect the real needs. It is unclear what the final addition brings.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point ii"]],"meps":[132925],"meta":{"created":"2019-07-03T06:31:57"},"new":["(e) providing pro-active support on the","establishment of needs driven investment","platforms;"],"old":["(e) providing pro-active support on the","establishment of investment platforms;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"177","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-178","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point iii"],["Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point f"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:57"},"new":["(f) providing advice on the","combination of other sources of Union","funding (such as the European Structural","and Investment Funds, Horizon 2020 and","the Connecting Europe Facility) under the","prerequisite of EFSI taking the highest","risk taking tranche, as well as informing","about the respective eligibility criteria to","be respected for project selection of these","funds and therefore by the project as a","whole;"],"old":["(f) providing advice on the","combination of other sources of Union","funding (such as the European Structural","and Investment Funds, Horizon 2020 and","the Connecting Europe Facility) with the","EFSI;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"178","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Edward Czesak","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-179","justification":" For the sake of conciseness, EIB would suggest shortening. If the blending is \u201coptimal\u201d, then\n it should indeed mobilise external resources where appropriate and avoid crowding-out.","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point iii"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point f"]],"meps":[132925],"meta":{"created":"2019-07-03T06:31:57"},"new":["(f) providing advice on the","combination of other sources of Union","funding (such as the European Structural","and Investment Funds, Horizon 2020, the","European Institute of Innovation and","Technology and the Connecting Europe","Facility) with the EFSI, thus facilitating","the optimal blending of relevant Union","resources,"],"old":["(f) providing advice on the","combination of other sources of Union","funding (such as the European Structural","and Investment Funds, Horizon 2020 and","the Connecting Europe Facility) with the","EFSI;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"179","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Anne Sander","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-180","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point iii a (new)"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point f a (new)"]],"meps":[24594],"meta":{"created":"2019-07-03T06:31:57"},"new":["(iiia) the following point is added:","(fa) providing advice and technical","assistance for projects involving two or","more Member States and support for the","setting-up of ad-hoc bodies or other","financial vehicles for intraregional,","multiregional, multinational or cross-","border projects and possibly combining","other sources of EU financing such as the","ESIF (including funds which involve","European territorial cooperation);"],"orig_lang":"fr","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"180","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Xabier Benito Ziluaga, Neoklis Sylikiotis","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-181","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point c"],["Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 5"]],"meps":[135490,124689],"meta":{"created":"2019-07-03T06:31:57"},"new":["5. In order to achieve the objective","referred to in paragraph 1 and to facilitate","the provision of advisory support at local","level, the EIAH shall seek to use the","expertise and collaborate with the","Commission, national promotional banks","or institutions, and the managing","authorities of the European Structural and","Investment Funds."],"old":["5. In order to achieve the objective","referred to in paragraph 1 and to facilitate","the provision of advisory support at local","level, the EIAH shall seek to use the","expertise of the EIB, the Commission,","national promotional banks or institutions,","and the managing authorities of the","European Structural and Investment Funds."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"181","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-182","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point d"],["Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 6 \u2013 second sentence"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:57"},"new":["In this respect, the EIAH shall assess the","possibility to establish decentralised","regional clusters of technical assistance to","better meet the needs of a specific sector","and/or region. This assessment shall be","done with the involvement of Member","States and national promotional banks.","The EIAH shall in particular assess the","relevance of establishing such a","decentralised regional cluster to support","energy efficiency projects in South-","Eastern Europe. Cooperation between, on","the one hand, the EIAH and, on the other","hand, a national promotional bank or","institution, an international financing","institution or an institution or a managing","authority, including those acting as a","national advisor, having expertise relevant","for the purposes of the EIAH, may take the","form of a contractual partnership."],"old":["Cooperation between, on the one hand, the","EIAH and, on the other hand, a national","promotional bank or institution, an","international financing institution or an","institution or a managing authority,","including those acting as a national","advisor, having expertise relevant for the","purposes of the EIAH, may take the form","of a contractual partnership.",""],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"182","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Xabier Benito Ziluaga","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-183","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point d"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 6 \u2013 second sentence"]],"meps":[135490],"meta":{"created":"2019-07-03T06:31:57"},"new":["Cooperation between, on the one hand, the","EIAH and, on the other hand, a national","promotional bank or institution, an","international public financing institution or","an institution or a managing authority,","including those acting as a national","advisor, having expertise relevant for the","purposes of the EIAH, may take the form","of a contractual partnership."],"old":["Cooperation between, on the one hand, the","EIAH and, on the other hand, a national","promotional bank or institution, an","international financing institution or an","institution or a managing authority,","including those acting as a national","advisor, having expertise relevant for the","purposes of the EIAH, may take the form","of a contractual partnership."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"183","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Kathleen Van Brempt, Eva Kaili","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-184","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point d a (new)"],[" Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 7"]],"meps":[5729,125109],"meta":{"created":"2019-07-03T06:31:57"},"new":["(da) paragraph 7 is replaced by the","following:","7. The Union shall contribute the","amount necessary, with a minimum of","EUR 20 000 000 per annum towards","covering the costs of EIAH operations until","31 December 2020 for it to fulfil its","enhanced responsibilities and intensify","the services provided by the EIAH under","paragraph 2 which are in addition to those","already available under other Union","programmes, insofar as those costs are not","covered by the remaining amount from","fees referred to in paragraph 4\u201d."],"old":["","\u201c7. The Union shall contribute up to a","maximum of EUR 20 000 000 per annum","towards covering the costs of EIAH","operations until 31 December 2020 for the","services provided by the EIAH under","paragraph 2 which are in addition to those","already available under other Union","programmes, insofar as those costs are not","covered by the remaining amount from","fees referred to in paragraph 4.\u201d"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"184","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-185","justification":" As the tasks of the EIAH are enlarged, these must be matched with the adequate financial and\n human resources.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point d a (new)"],["Regulation (EU) 2015/1017","Article 14 \u2013 paragraph 7"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:57"},"new":["(da) paragraph 7 is replaced by the","following:","\u201c7. The Union shall contribute up to a","maximum of EUR 50 000 000 per annum","towards covering the costs of EIAH","operations until 31 December 2020 for the","services provided by the EIAH under","paragraph 2 which are in addition to those","already available under other Union","programmes, insofar as those costs are not","covered by the remaining amount from","fees referred to in paragraph 4.\u201d","Or. en","(http://eur-lex.europa.eu/legal-","content/EN/TXT/HTML/?uri=CELEX:32015R1017&from=EN)"],"old":["\u201c7. The Union shall contribute up to a","maximum of EUR 20 000 000 per annum","towards covering the costs of EIAH","operations until 31 December 2020 for the","services provided by the EIAH under","paragraph 2 which are in addition to those","already available under other Union","programmes, insofar as those costs are not","covered by the remaining amount from","fees referred to in paragraph 4.\u201d","","",""],"peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"185","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-186","justification":"Necessary in order to change some details of the existing Regulation (more transparency).","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 a (new)"],[" Regulation (EU) 2015/1017","Article 16 \u2013 paragraph 2"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:57"},"new":["(9a) Article 16(2) is amended as","follows:","2. The EIB, in cooperation with the","EIF where appropriate, shall submit a six-","monthly report to the European Parliament","and to the Council on EIB financing and","investment operations covered by this","Regulation. The report shall be made","public and shall include:","(a) an assessment of EIB funding and","investment operations by transaction,","sector, country and region, examining their","compliance with this Regulation, in","particular the additionality criterion, as","well as their distribution between the","general objectives set out in Article 9(2);","(b) an assessment of the added value,","the mobilisation of private sector","resources, the estimated and actual outputs","and the outcomes and impact of EIB","financing and investment operations on an","aggregated basis, including the direct and","indirect impact on employment creation;","(c) an assessment of the extent to","which operations covered by this","Regulation contribute to the achievement","of the general objectives set out in Article","9(2) including an assessment of the level of","EFSI investments in the areas of research,","development and innovation and transport","(including TEN-T and urban mobility),","telecommunications, energy infrastructure","and energy efficiency;","(d) an assessment of compliance with","conditions for use of the EU guarantee and","with the key performance indicators","referred to in Article 4(2)(f)(iv);","(e) an assessment of the leverage effect","achieved by EFSI-supported projects;","(f) a description of the projects where","the support of the European Structural and","Investment Funds is combined with the","support of the EFSI, and the total amount","of the contributions from each source;","(g) the financial amount transferred to","financial intermediaries and final","beneficiaries, analytical statistical data for","each funded project, including EFSI loan","transactions through financial","intermediaries and an assessment of EIB","financing and investment operations on an","aggregated basis;","(ga) independent ex-ante and ex-post","assessments for each project, with a","detailed explanation of the indicators and","criteria used for selection and evaluation;","(h) an assessment of the added value of","individual EIB financing and investment","operations, and of the aggregate risk","associated with those operations;","(i) detailed information on calls on the","EU guarantee, losses, returns, amounts","recovered and any other payments","received;","(j) the financial reports concerning","EIB financing and investment operations","covered by this Regulation audited by an","independent external auditor."],"old":["2. The EIB, in cooperation with the","EIF where appropriate, shall submit an","annual report to the European Parliament","and to the Council on EIB financing and","investment operations covered by this","Regulation. The report shall be made","public and shall include:","(a) an assessment of EIB funding and","investment operations by transaction,","sector, country and region, examining their","compliance with this Regulation, in","particular the additionality criterion, as","well as their distribution between the","general objectives set out in Article 9(2);","(b) an assessment of the added value,","the mobilisation of private sector","resources, the estimated and actual outputs","and the outcomes and impact of EIB","financing and investment operations on an","aggregated basis, including the impact on","employment creation;","(c) an assessment of the extent to","which operations covered by this","Regulation contribute to the achievement","of the general objectives set out in Article","9(2) including an assessment of the level of","EFSI investments in the areas of research,","development and innovation and transport","(including TEN-T and urban mobility),","","telecommunications, energy infrastructure","and energy efficiency;","(d) an assessment of compliance with","conditions for use of the EU guarantee and","with the key performance indicators","referred to in Article 4(2)(f)(iv);","(e) an assessment of the leverage effect","achieved by EFSI-supported projects;","(f) a description of the projects where","the support of the European Structural and","Investment Funds is combined with the","support of the EFSI, and the total amount","of the contributions from each source;","(g) the financial amount transferred to","beneficiaries and an assessment of EIB","financing and investment operations on an","aggregated basis;","(h) an assessment of the added value","of EIB financing and investment","operations, and of the aggregate risk","associated with those operations;","(i) detailed information on calls on the","EU guarantee, losses, returns, amounts","recovered and any other payments","received;","(j) the financial reports concerning","EIB financing and investment operations","covered by this Regulation audited by an","independent external auditor."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"186","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-187","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 a (new)"],[" Regulation (EU) 2015/1017","Article 16 \u2013 paragraph 6 a (new)"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:57"},"new":["(9a) in Article 16 the following","paragraph is added:","6a. The Commission shall submit an","annual report listing the details of all","projects per policy area that received EU","support through EFSI, the total amount","of the contribution of each source, as well","as the risk profiles;\u201d","Or. en","(http://eur-lex.europa.eu/legal-","content/EN/TXT/HTML/?uri=CELEX:32015R1017&from=EN)"],"old":["","",""],"peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"187","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-188","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10"],[" Regulation (EU) 2015/1017","Article 18"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:58"},"new":["deleted","paragraph 6 is replaced by the","By 30 June 2018 and 30 June","paragraphs 7 and 8 are deleted."],"old":["(10) Article 18 is amended as follows:","(a)","following:","\u20186.","2020, the Commission shall submit to the","European Parliament and the Council a","report containing an independent","evaluation of the application of this","Regulation.\u2019","(b)"],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"188","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-189","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 10 a (new)"],["Regulation (EU) 2015/1017","Article 19 \u2013 paragraph 1"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:58"},"new":["(10 a) in Article 19, paragraph 1 is","replaced by the following:","In accordance with its transparency","policies and general Union principles on","access to documents and information, the","EIB shall make publicly available on its","website information relating to all EIB","financing and investment operations","covered by this Regulation, including on","the role of financial intermediaries, and","relating to the manner in which those","operations contribute to the general","objectives set out in Article 9(2). The","projects selected for potential use of the","EFSI guarantee should also be notified as","such on the EIB website before the","Investment Committees \u2018decision, so that","genuine transparency of the EFSI","pipeline is achieved.\u2019","Or. en","(http://eur-lex.europa.eu/legal-","content/EN/TXT/HTML/?uri=CELEX:32015R1017&from=EN)"],"old":["In accordance with its transparency","policies and general Union principles on","access to documents and information, the","EIB shall make publicly available on its","website information relating to all EIB","financing and investment operations","covered by this Regulation, including on","the role of financial intermediaries, and","relating to the manner in which those","operations contribute to the general","objectives set out in Article 9(2).\u201d","","",""],"peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"189","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Edward Czesak","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-190","justification":" There is no EFSI logo. The operations are EIB operations and as such the visual identity of\n EFSI is represented by the combined logos of EIB/EIF and the EC.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 11"],["Regulation (EU) 2015/1017","Article 19 \u2013 paragraph 1 a"]],"meps":[132925],"meta":{"created":"2019-07-03T06:31:58"},"new":["The EIB and EIF shall inform or shall","oblige financial intermediaries to inform","the final beneficiaries of the existence of","EFSI support and to make this","information visible in a prominent place","on the financing agreement, particularly","in the case of SMEs, on every contract","that includes EFSI support, thereby","increasing public awareness and","expanding visibility\u2019"],"old":["The EIB and EIF shall inform or shall","oblige financial intermediaries to inform","the final beneficiaries, including SMEs, of","the existence of EFSI support.;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"190","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Xabier Benito Ziluaga, Paloma L\u00f3pez Bermejo","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-191","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 11 a (new)"],[" Regulation (EU) 2015/1017","Article 19 \u2013 paragraph 1 b (new) \u2013"]],"meps":[135490,125047],"meta":{"created":"2019-07-03T06:31:58"},"new":["(11a) in Article 19, the following","paragraph is added:","In its financing and investment","operations, the EIB shall apply the","principles and standards set out in Union","law on the prevention of the use of the","financial system for the purpose of money","laundering and terrorist financing,","including a requirement to take","reasonable measures to identify the","beneficial owners where applicable. In its","financing and investment operations","under the EFSI and through investment","platforms and national promotional","banks, the EIB shall make both direct","funding or funding via intermediaries","contingent upon the disclosure of both","country-by-country tax relevant data","along the lines of the CRD IV provision","for credit institutions, as well as","disclosure of beneficial ownership","information according to the EU Anti-","Money Laundering Directive."],"old":[""],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"191","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Edward Czesak","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-192","justification":"The Commission shall provide detailed guidance, where needed, which shall be based on\nclear and objective criteria and be publically available. Any exclusion or limitation in EIB\u2019s\nfinancing capacity under EFSI needs to be based on: objective and published criteria,\ndialogue with countries selected for screening and EU Council decision on which countries to\nlist and which counter-measures to take. Any such list, once adopted, will be directly applied\nunder EIB\u2019s NCJ Policy. At European level, this approach was endorsed by the Council\u2019s\nconclusions on external strategy in May 2016, which mandate the Code of Conduct (CoC)\nGroup to provide an EU list of non-cooperative jurisdictions by the end of 2017, which will\nbe decided by the EU Council, based on objective criteria such as lists published by the\nOECD and FATF and only after providing an appropriate time to jurisdictions concerned for\nupdating their legal framework and procedures. It is essential that any such requirements are\nimplemented in accordance with the EIB\u2019s applicable policies, and are workable, clear and\nunambiguous, as defined by EU legislation and at an appropriate level of authority of the\nCommission. They also need to be coherent with those applicable to other mandates under the\n\n Financial Regulation. Please refer to last ECOFIN (of 21 February 2017) conclusions on the\n progress of the process: http://www.consilium.europa.eu/en/meetings/ecofin/2017/02/21/ The\n EIB does not take part in development of the EU list.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 12"],["Regulation (EU) 2015/1017","Article 22 \u2013 paragraph 1 \u2013 subparagraph 4"]],"meps":[132925],"meta":{"created":"2019-07-03T06:31:58"},"new":["The Commission shall provide detailed","guidance, where needed. In addition, the","Commission shall draw up standard","criteria and definitions to ensure","transparency on issues related to tax","governance;"],"old":["The Commission shall provide detailed","guidance, where needed;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"192","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Xabier Benito Ziluaga, Paloma L\u00f3pez Bermejo","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-193","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 12 a (new)"],[" Regulation (EU) 2015/1017","Article 22 \u2013 paragraph 2 a (new)"]],"meps":[135490,125047],"meta":{"created":"2019-07-03T06:31:58"},"new":["(12a) in Article 22(2) the following","subparagraph is added after the second","subparagraph:","The EIB shall terminate with financial","intermediaries having a negative track","record in terms of transparency, tax","evasion and aggressive tax planning","practices, or use other harmful tax","practices such as \u2018tax rulings\u2019 and","abusive transfer pricing."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"193","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-194","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 13"],[" Regulation (EU) 2015/1017","Article 23 \u2013 paragraph 2 \u2013 subparagraph 1 \u2013 first and second sentence"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:58"},"new":["deleted"],"old":["(13) in Article 23(2), the first and","second sentences of the first","subparagraph are replaced by the","following","\u2018The power to adopt delegated acts","referred to in Article 7(13) and (14) shall","be conferred on the Commission for a","","","period of five years from 4 July 2015. The","Commission shall draw up a report in","respect of the delegation of power not","later than nine months before the end of","the five-year period.\u2019"],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"194","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-195","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 13"],["Regulation (EU) 2015/1017","Article 23 \u2013 paragraph 2 \u2013 subparagraph 1 \u2013 first and second sentence"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:58"},"new":["The power to adopt delegated acts referred","to in Article 7(13) and (14) shall be","conferred on the Commission for a period","of five years from 4 July 2015. The","Commission shall draw up a report in","respect of the delegation of power not later","than nine months before the end of the","five-year period; The Commission shall","propose a revision of delegated regulation","2015/1558 within one month after this","regulation is published in the Official","Journal of the European Union. The","Scoreboard of indicators shall be used by","the Investment committee to ensure an","independent and transparent assessment","of the potential and actual use of the EU","guarantee, and to prioritise the use of the","EU guarantee for operations that display","higher scores and added value. In its","proposal, the Commission shall give","employment and sustainability more","weight and the scores on the different","pillars shall be aggregated into an overall","single rating."],"old":["The power to adopt delegated acts referred","to in Article 7(13) and (14) shall be","conferred on the Commission for a period","of five years from 4 July 2015. The","Commission shall draw up a report in","respect of the delegation of power not later","than nine months before the end of the","five-year period."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"195","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-196","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 14"],[" Regulation (EU) 2015/1017","Annex II"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:58"},"new":["deleted"],"old":["(14) Annex II is amended as set out in","the Annex to this Regulation."],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"196","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Xabier Benito Ziluaga, Paloma L\u00f3pez Bermejo, Sofia Sakorafa, Neoklis Sylikiotis","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-197","location":[[" Proposal for a regulation","Article 2"],[" Regulation (EU) No 1316/2013","Article 5 \u2013 paragraph 1"]],"meps":[135490,125047,125091,124689],"meta":{"created":"2019-07-03T06:31:58"},"new":["Article 2 deleted","in Article 5, paragraph 1 is","The financial envelope for the","transport sector: EUR 23 895 582","telecommunications sector: EUR 1","energy sector: EUR 5 005 075 000."],"old":["Regulation (EU) No 1316/2013 is","amended as follows:","(1)","replaced by the following:","\u20181.","implementation of the CEF for the period","2014 to 2020 is set at EUR 29 992 259 000","in current prices. That amount shall be","distributed as follows:","(a)","000, of which EUR 11 305 500 000 shall","be transferred from the Cohesion Fund to","be spent in line with this Regulation","exclusively in Member States eligible for","funding from the Cohesion Fund;","(b)","091 602 000;","(c)","","","These amounts are without prejudice to","the application of the flexibility","mechanism provided for under Council","Regulation (EU, Euratom) No","1311/2013(*).","________________","(*) Council Regulation (EU, Euratom) No","1311/2013 of 2 December 2013 laying","down the multiannual financial","framework for the years 2014-20 (OJ L","347, 20.12.2013, p. 884). \u2019"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"197","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-198","justification":" Necessary in order to maintain the current situation as it stands.","location":[["Proposal for a regulation","Article 2"],["Regulation (EU) No 1316/2013","Article 5 \u2013 paragraph 1"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:58"},"new":["deleted","The financial envelope for the","transport sector: EUR 23 895 582","energy sector: EUR 5 005 075 000."],"old":["Article 2","Regulation (EU) No 1316/2013 is","amended as follows:","(1) in Article 5, paragraph 1 is replaced by","the following:","\u20181.","implementation of the CEF for the period","2014 to 2020 is set at EUR 29 992 259 000","in current prices. That amount shall be","distributed as follows:","(a)","000, of which EUR 11 305 500 000 shall","be transferred from the Cohesion Fund to","be spent in line with this Regulation","exclusively in Member States eligible for","funding from the Cohesion Fund;","(b) telecommunications sector: EUR 1","091 602 000;","(c)","","","These amounts are without prejudice to","the application of the flexibility","mechanism provided for under Council","Regulation (EU, Euratom) No","1311/2013(*).","________________","(*) Council Regulation (EU, Euratom) No","1311/2013 of 2 December 2013 laying","down the multiannual financial","framework for the years 2014-20 (OJ L","347, 20.12.2013, p. 884).\u2019"],"orig_lang":"it","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"198","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Rosa D'Amato, Dario Tamburrano, David Borrelli","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-199","location":[[" Proposal for a regulation","Annex \u2013 point 1 \u2013 point a"],[" Regulation (EU) 2015/1017","Annex II \u2013 section 2 \u2013 point b \u2013 subparagraph 1 a"]],"meps":[124835,124813,124796],"meta":{"created":"2019-07-03T06:31:58"},"new":["\u2018EFSI support for motorways shall be","avoided, unless it is needed to support","private investment in the transition","towards sustainable mobility and","transport. Any EFSI support for fossil","fuels shall be eliminated and avoided.\u2019","Or. it","(http://eur-lex.europa.eu/legal-","content/IT/TXT/HTML/?uri=CELEX:52016PC0597&from=EN)"],"old":["\u2018EFSI support to motorways shall be","avoided, unless it is needed to support","private investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country.\u2019","","",""],"peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"199","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-200","justification":"The criteria of Regulation 1316/2013 for the financing of motorways shall apply in order to\nensure coherence between EU cohesion policy and the European Fund for Strategic\nInvestments.","location":[["Proposal for a regulation","Annex \u2013 point 1 \u2013 point a"],["Regulation (EU) 2015/1017","Annex II \u2013 section 2 \u2013 point b \u2013 subparagraph 1 a"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:58"},"new":["EFSI support to motorways must be","avoided, except for cross-border sections","as defined in Article 2(2) of the regulation","1316/2013 between cohesion countries;","Or. en","(Regulation 1316/2013 Article 2 (2))"],"old":["EFSI support to motorways shall be","avoided, unless it is needed to support","private investment in transport in","cohesion countries or in cross-border","transport projects involving at least one","cohesion country;","","",""],"peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"200","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-201","location":[["Proposal for a regulation","Annex \u2013 point 1 \u2013 point a a (new)"],["Regulation (EU) 2015/1017","Annex II \u2013 section 2 \u2013 point b \u2013 subparagraph 1 b (new)"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:58"},"new":["(aa) in point (b), a third subparagraph","is added:","EFSI support to airport infrastructure","must be avoided, unless related to","environmental protection or mitigation of","environmental impact;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"201","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-202","location":[[" Proposal for a regulation","Annex II \u2013 point 1 \u2013 point a b (new)"],[" Regulation (EU) 2015/1017","Annex II \u2013 section 2 \u2013 point b \u2013 subparagraph 1 c (new)"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:58"},"new":["(ab) in point (b), a fourth","subparagraph is added:","EFSI support must not be used for fossil","fuel infrastructure or nuclear energy","installations;"],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"202","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":" Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-203","justification":"The driving objective shall be the realisation of high quality projects for citizen throughout\nthe EU in contrast to a focus on the highest possible leverage factor.","location":[[" Proposal for a regulation","Annex \u2013 point 1 \u2013 point b"],[" Regulation (EU) 2015/1017","Annex II \u2013 section 2 \u2013 point c \u2013 second sentence"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:58"},"new":["In this context, it is expected that the EIB","will provide finance under the EFSI with a","view to reach a maximum realisation of","quality projects contributing i.e. to","achieve EU COP21 commitments through","public or private investment, including","financing mobilised through the EIF under","EFSI operations relating to the instruments","referred to in Article 10(2)(b), national","promotional banks or institutions and","increased access to financing for entities","having up to 3 000 employees."],"old":["In this context, it is expected that the EIB","will provide finance under the EFSI with a","view to reach an overall target of at least","EUR 500 000 000 000 of public or private","investment, including financing mobilised","through the EIF under EFSI operations","relating to the instruments referred to in","Article 10(2)(b), national promotional","banks or institutions and increased access","to financing for entities having up to 3 000","employees."],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"203","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-204","location":[["Proposal for a regulation","Annex \u2013 point 1 a (new)"],["Regulation (EU) 2015/1017","Annex II \u2013 section 3 \u2013 paragraph 1"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:59"},"new":["(1a) in section 3, paragraph 1 is","replaced by the following:","\u201cThe EU guarantee shall be granted in","support of operations that meet the","criterion of providing additionality as","defined in Article 5(1) of this Regulation","and shall generate long-term societal and","environmental benefits.\u201d","Or. en","(http://eur-lex.europa.eu/legal-","content/EN/TXT/HTML/?uri=CELEX:32015R1017&from=EN)"],"old":["\u201cThe EU guarantee shall be granted in","support of operations that meet the","criterion of providing additionality as","defined in Article 5(1) of this Regulation.\u201d","","",""],"peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"204","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Claude Turmes on behalf of the Verts/ALE Group","changes":{},"committee":["ITRE"],"date":"2017-03-02T00:00:00","id":"PE599.782-205","location":[["Proposal for a regulation","Annex \u2013 point 3"],["Regulation (EU) 2015/1017","Annex II \u2013 section 5"]],"meps":[4432],"meta":{"created":"2019-07-03T06:31:59"},"new":["The scoreboard shall be made public as","soon as an operation under the EU","guarantee has been evaluated, with the","exclusion of commercially sensitive","information."],"old":["The scoreboard shall be made public as","soon as an operation under the EU","guarantee is signed, with the exclusion of","commercially sensitive information.",""],"orig_lang":"en","peid":"PE599.782v01-00","reference":"2016/0276(COD)","seq":"205","src":"http://www.europarl.europa.eu/doceo/document/ITRE-AM-599782_EN.pdf"},{"authors":"Michael Cramer","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-23","location":[["Proposal for a regulation","\u2013"]],"meps":[28238],"meta":{"created":"2019-07-03T06:40:11"},"new":["The Committee on Transport and","Tourism calls on the lead Committees","responsible, to propose rejection of the","Commission proposal."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"23","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Tania Gonz\u00e1lez Pe\u00f1as, Merja Kyll\u00f6nen","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-24","justification":"Namely: \"Art.18(7): In the event that the report referred to in paragraph 6 concludes that the\nEFSI: (...) (b) is not achieving its objectives and that maintaining a scheme for supporting\ninvestment is warranted, the Commission shall where appropriate submit a legislative\n\n proposal to amend this Regulation with a view to addressing the flaws identified, setting the\n new investment period, ensuring continuation of investment and appropriate financing; (c) is\n not achieving its objectives and that maintaining a scheme for supporting investment is not\n warranted, the Commission shall where appropriate submit a legislative proposal to ensure a\n smooth termination of the EFSI, while preserving the EU guarantee for the operations\n already approved under this Regulation.\"","location":[["Proposal for a regulation","Citation 5 a (new)"]],"meps":[127330,124736],"meta":{"created":"2019-07-03T06:40:11"},"new":["Having regard to Article 18(7), points (b)","and (c) of Regulation (EU) 2015/1017 on","the European Fund for Strategic","Investments1a;","__________________","1aRegulation (EU) 2015/1017 of the","European Parliament and The Council of","25 June 2015 on the European Fund for","Strategic Investments, the European","Investment Advisory Hub and the","European Investment Project Portal and","amending Regulations (EU) No","1291/2013 and (EU) No 1316/2013;"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"24","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Tania Gonz\u00e1lez Pe\u00f1as, Merja Kyll\u00f6nen","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-25","justification":"Please consult the full Opinion by the European Court of Auditors in the ECA website:\nhttp://www.eca.europa.eu/en/Pages/DocItem.aspx?did=39677","location":[[" Proposal for a regulation","Citation 5 b (new)"]],"meps":[127330,124736],"meta":{"created":"2019-07-03T06:40:11"},"new":["Having regard to the Opinion 2/2016","concerning the Proposal for a Regulation","of the European Parliament and of the","Council amending Regulations (EU)","1316/2013 and 2015/1017 adopted by the","European Court of Auditors on 11","November 2016 1a , concluding that there","is little evidential base for the proposal to","extend and increase EFSI, namely","because:","(i) the proposal is launched without a","comprehensive impact assessment and too","soon for the economic, social and","environmental impacts to be measured","and to enable a conclusion whether EFSI","is achieving its objectives;","(ii) it does not respect the better","regulation principles;","(iii) there is a clear risk of","exaggerating the achieved results and","impacts;","(iv) there is a risk of creating","incentives to use unnecessarily complex","financing structures or to allocate a risk","profile that does not correspond to the","real risk of the operation;","(v) there is a recognized need to act on","geographical imbalances and sectorial","concentration;","(vi) there is a recognized need for","increasing transparency and clarity both","in the EFSI governance and in the","selection of EFSI operations;","_________________","1aOpinion pursuant to Article 287(4) of","the Treaty on the Functioning of the","European Union (TFEU)"],"old":[""],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"25","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Marie-Christine Arnautu","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-26","location":[["Proposal for a regulation","Recital 1"]],"meps":[124748],"meta":{"created":"2019-07-03T06:40:11"},"new":["(1) Since the Investment Plan for","Europe was presented in November 20143,","the conditions for an uptake in investment","have not actually improved, and","confidence in Europe\u2019s economy and","growth are not returning. The Union is","now in its fourth year of weak recovery,","with Gross Domestic Product growing at","2% in 2015. The comprehensive efforts","initiated with the Investment Plan are","already delivering results that are rarely","tangible, and the macroeconomic effects","of larger investment projects are not","immediate. Investment is expected to pick","up gradually throughout 2016 and 2017","although it remains below historical levels.","_________________","3","COM(2014) 903 final."],"old":["(1) Since the Investment Plan for","Europe was presented in November 20143,","the conditions for an uptake in investment","have improved and confidence in Europe\u2019s","economy and growth are returning. The","Union is now in its fourth year of moderate","recovery, with Gross Domestic Product","growing at 2% in 2015. The","comprehensive efforts initiated with the","Investment Plan are already delivering","concrete results, despite the fact that","macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up gradually","throughout 2016 and 2017 although it","remains below historical levels.","_________________","3","COM(2014) 903 final."],"orig_lang":"fr","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"26","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Marie-Christine Arnautu","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-27","location":[[" Proposal for a regulation","Recital 2"]],"meps":[124748],"meta":{"created":"2019-07-03T06:40:11"},"new":["(2) A positive momentum needs to be","sought, and means need to be developed to","bring investment back to its long-term","sustainable trend. The mechanisms of the","Investment Plan do not work well enough","and could be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain."],"old":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"fr","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"27","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Maria Grapini","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-28","location":[[" Proposal for a regulation","Recital 2 a (new)"]],"meps":[124785],"meta":{"created":"2019-07-03T06:40:11"},"new":["(2a) Efforts are needed to increase","investments by ensuring greater","transparency and better media coverage,","by providing technical assistance at any","stage of the project and encouraging the","smarter use of financial resources."],"orig_lang":"ro","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"28","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Bas Eickhout","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-29","meps":[96725],"meta":{"created":"2019-07-03T06:40:12"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration","and financial capacity. The legal","extension covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI","even further and reach the aim of","doubling the investment target, Member","States should also contribute as a matter","of priority."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"29","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Roberts Z\u012ble","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-30","location":[["Proposal for a regulation","Recital 6"]],"meps":[28615],"meta":{"created":"2019-07-03T06:40:12"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. In spite of European Court","of Auditors opinion1a noting that the","plans to extend EFSI duration were","drawn up too soon and there being little","evidence that the increase in funding is","justified, Commission is committed to the","doubling of the EFSI, both in terms of","duration and financial capacity. The legal","extension covers the period of the current","Multiannual Financial Framework and","could provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States would","need to make additional contributions.","___________________","1aEuropean Court of Auditors (2016)","EFSI: an early proposal to extend and","expand, Opinion 2/2016. Available at:","http://www.eca.europa.eu/Lists/News/NE","WS1611_11/OP16_02_EN.pdf [Accessed","24 January 2017]"],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration and","financial capacity. The legal extension","covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority.",""],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"30","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Bas Eickhout","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-31","location":[[" Proposal for a regulation","Recital 6 a (new)"]],"meps":[96725],"meta":{"created":"2019-07-03T06:40:12"},"new":["(6a) On 11 November 2016, the","European Court of Auditors concluded","that it was still too soon for the economic,","social and environmental impacts to be","measured or for a conclusion to be drawn","as to whether EFSI was achieving its","objectives. A comprehensive impact","assessment shall provide for the necessary","evidence whether or not the EFSI should","be extended."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"31","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Maria Grapini","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-32","location":[[" Proposal for a regulation","Recital 7"]],"meps":[124785],"meta":{"created":"2019-07-03T06:40:12"},"new":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that strategic","investment will continue at a sustainable","level, which should take account of the","economic, social and environmental","impact thereof."],"old":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that strategic","investment will continue at a sustainable","level."],"orig_lang":"ro","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"32","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Pavel Teli\u010dka, Matthijs van Miltenburg, Jozo Rado\u0161","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-33","location":[["Proposal for a regulation","Recital 7 a (new)"]],"meps":[124706,125022,112753],"meta":{"created":"2019-07-03T06:40:12"},"new":["(7a) The strict implementation of the","Stability and Growth Pact needs to be","respected as it affects in no way the ability","to utilise EFSI."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"33","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Marie-Christine Arnautu","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-34","location":[["Proposal for a regulation","Recital 8"]],"meps":[124748],"meta":{"created":"2019-07-03T06:40:12"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy, the","environment, social and human capital and","related infrastructure, healthcare, research","and innovation, as well as the digital","transformation. Energy interconnection","priority projects and energy efficiency","projects should also be increasingly","targeted. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","","healthcare, research and innovation, cross-","border and sustainable transport, as well","as the digital transformation. In particular,","the contribution of operations supported","by the EFSI to achieving the Union's","ambitious targets set at the Paris Climate","Conference (COP21) should be","reinforced. Energy interconnection priority","projects and energy efficiency projects","should also be increasingly targeted. In","addition, EFSI support to motorways","should be avoided, unless it is needed to","support private investment in transport in","cohesion countries or in cross-border","transport projects involving at least one","cohesion country. For reasons of clarity,","although they are already eligible, it should","be explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"fr","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"34","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Roberts Z\u012ble","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-35","location":[[" Proposal for a regulation","Recital 8"]],"meps":[28615],"meta":{"created":"2019-07-03T06:40:12"},"new":["(8) The extended EFSI should address","the noticeable weaknesses in its","functioning thus far, notably the","geographical concentration of investment","whereby after the first year of operations","92 per cent of the EFSI related investment","landed in the EU-15 countries whilst the","EU-13 countries received just 8 per cent.1a","The undeserving of the EU-13 countries","has a potential to widen social and","economic disparities between the EU's","Western and Eastern regions. The","extended EFSI should thus strongly","address its objective of strengthening of","the Union's economic, social and","territorial cohesion. EFSI should","continue mobilising private sector","financing in investments crucial for","Europe's future job creation \u2013 including for","the youth \u2013, growth and competitiveness","with strengthened additionality. They","include investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support.","________________","1aEuropean Investment Bank (2016)","Evaluation of the functioning of the","European Fund for Strategic Investments","(EFSI), September 2016. Available at:","http://www.eib.org/attachments/ev/ev_eval","uation_efsi_en.pdf [Accessed 24 January","2017]"],"old":["(8) The extended EFSI should address","remaining market failures and sub-","optimal investment situations and","continue to mobilise private sector","financing in investments crucial for","Europe\u2019s future job creation \u2013 including for","the youth \u2013, growth and competitiveness","with strengthened additionality. They","include investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"35","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Massimiliano Salini, Isabella De Monte, Salvatore Domenico Pogliese","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-36","location":[[" Proposal for a regulation","Recital 8"]],"meps":[125670,124803,124853],"meta":{"created":"2019-07-03T06:40:12"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. For reasons of","clarity, although they are already eligible,","it should be explicitly laid down that","projects in the fields of agriculture, fishery","and aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"it","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"36","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Kosma Z\u0142otowski, Tomasz Piotr Por\u0119ba","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-37","location":[[" Proposal for a regulation","Recital 8"]],"meps":[124884,96801],"meta":{"created":"2019-07-03T06:40:12"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and transport, as well as the digital","transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. More emphasis","should be also placed on targeting","transport projects, especially in rail and","inland waterways, given their EU added","value. In addition, EFSI support to","motorways should be avoided, unless it is","needed to support private investment in","transport in cohesion countries or in cross-","border transport projects involving at least","one cohesion country. For reasons of","clarity, although they are already eligible,","it should be explicitly laid down that","projects in the fields of agriculture, fishery","and aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"37","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Bas Eickhout","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-38","location":[["Proposal for a regulation","Recital 8"]],"meps":[96725],"meta":{"created":"2019-07-03T06:40:12"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","except for cross-border sections as defined","in Article 2 (2) of the regulation","1316/2013 between cohesion countries.","For reasons of clarity, although they are","already eligible, it should be explicitly laid","down that projects in the fields of","agriculture, fishery and aquaculture come","within the general objectives eligible for","EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"38","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Miltiadis Kyrkos","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-39","location":[[" Proposal for a regulation","Recital 8"]],"meps":[125113],"meta":{"created":"2019-07-03T06:40:12"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, the","development of SMEs activities in the","tourism sector, as well as the digital","transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"39","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Dominique Riquet, Jozo Rado\u0161, Pavel Teli\u010dka","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-40","location":[["Proposal for a regulation","Recital 8 a (new)"]],"meps":[96885,112753,124706],"meta":{"created":"2019-07-03T06:40:12"},"new":["(8a) In its EFSI-supported special","activities the EIB makes systematic use of","participation in risk-sharing instruments","with its co-investors. The EIB is therefore","called upon, as part of those activities, to","intervene by providing first loss","guarantees, where necessary and relevant,","in order to optimise the additionality of","the EFSI facility and mobilise more","private funds."],"old":[""],"orig_lang":"fr","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"40","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Christine Revault D'Allonnes Bonnefoy","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-41","location":[[" Proposal for a regulation","Recital 8 a (new)"]],"meps":[124287],"meta":{"created":"2019-07-03T06:40:12"},"new":["(8a) So as to improve the","implementation of the EFSI as regards","the financing of sustainable transport","infrastructure and to guarantee the","principle of additionality, account needs","to be taken of the specific characteristics","of investments in transport infrastructure,","the economic profitability of which is","sometimes uncertain, meaning that","private investors can be put off."],"orig_lang":"fr","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"41","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Massimiliano Salini, Isabella De Monte, Salvatore Domenico Pogliese","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-42","location":[[" Proposal for a regulation","Recital 9"]],"meps":[125670,124803,124853],"meta":{"created":"2019-07-03T06:40:13"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In order to ensure","that the entities that need to use the EFSI","guarantee fund are better represented, it","would be advisable to allow for rotation","on the Steering Board, to include","members of sectoral DGs, such as","transport and environment. In accordance","with the additionality principle, operations","should only be eligible if they address","clearly identified market failures or sub-","optimal investment situations. Operations","in infrastructure under the Infrastructure","and Innovation Window linking two or","more Member States, including e-","infrastructure, should be considered","additional given their inherent difficulty","and their high added value for the Union."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"orig_lang":"it","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"42","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Roberts Z\u012ble","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-43","location":[["Proposal for a regulation","Recital 9"]],"meps":[28615],"meta":{"created":"2019-07-03T06:40:13"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations and support the Fund's other","objectives including strengthening the","Union's economic, social and territorial","cohesion. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"43","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Markus Pieper","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-44","location":[[" Proposal for a regulation","Recital 9"]],"meps":[28224],"meta":{"created":"2019-07-03T06:40:13"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure such as","ERTMS, should be considered additional","given their inherent difficulty and their","high added value for the Union."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should be","considered additional given their inherent","difficulty and their high added value for the","Union."],"orig_lang":"de","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"44","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Kosma Z\u0142otowski, Tomasz Piotr Por\u0119ba","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-45","location":[[" Proposal for a regulation","Recital 10"]],"meps":[124884,96801],"meta":{"created":"2019-07-03T06:40:13"},"new":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","blending operations combining non-","reimbursable forms of support and/or","financial instruments from the Union","budget, such as those available under the","Connecting Europe Facility, European","Structural and Investment Funds and","financing from EIB Group, including EIB","financing under the EFSI, as well as other","investors should be encouraged. Blending","aims to enhance the value added of Union","spending by attracting additional resources","from private investors and to ensure the","actions supported become economically","and financially viable. Coherence and","synergies between all EU forms of support","should be ensured."],"old":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","blending operations combining non-","reimbursable forms of support and/or","financial instruments from the Union","budget, such as those available under the","Connecting Europe Facility, and financing","from EIB Group, including EIB financing","under the EFSI, as well as other investors","should be encouraged. Blending aims to","enhance the value added of Union","spending by attracting additional resources","from private investors and to ensure the","actions supported become economically","","and financially viable."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"45","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Kosma Z\u0142otowski, Tomasz Piotr Por\u0119ba","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-46","location":[["Proposal for a regulation","Recital 10 a (new)"]],"meps":[124884,96801],"meta":{"created":"2019-07-03T06:40:13"},"new":["(10a) EFSI should seek to contribute to","strengthening the Union's economic,","social and territorial cohesion by means","of geographical diversification. Currently,","EFSI's aggregated portfolio of","investments is highly concentrated (92%)","in the EU-15 and under-serves (8%) the","EU-13, while considerable sectoral","concentration benefits particular states.","Such a situation if continued will deepen","development gaps and market","fragmentation between different parts of","the EU, undermining the aims of EU","Regional Policy."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"46","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Dominique Riquet, Pavel Teli\u010dka, Jozo Rado\u0161","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-47","location":[["Proposal for a regulation","Recital 10 a (new)"]],"meps":[96885,124706,112753],"meta":{"created":"2019-07-03T06:40:13"},"new":["(10a) In order to improve the","performance of the EFSI at both national","and regional level, there is a need to step","up cooperation between the EIB, which","steers the EFSI, and the national","promotional banks."],"old":[""],"orig_lang":"fr","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"47","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Dominique Riquet, Jozo Rado\u0161","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-48","location":[[" Proposal for a regulation","Recital 10 b (new)"]],"meps":[96885,112753],"meta":{"created":"2019-07-03T06:40:13"},"new":["(10b) The rules in force on flexibility","and the implementation of the stability","and growth pact1a restrict the Member","States\u2019 capabilities \u2013 under the preventive,","and particularly the corrective, arm of the","pact \u2013 to co-finance projects that are also","co-financed by the EFSI. There needs to","be general interinstitutional debate on","whether or not to change the way in","which those indirect national","contributions are treated in the","Commission\u2019s application of the pact.","_________________","1a COM(2015)12 final"],"orig_lang":"fr","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"48","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Roberts Z\u012ble","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-49","location":[[" Proposal for a regulation","Recital 11"]],"meps":[28615],"meta":{"created":"2019-07-03T06:40:13"},"new":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions and to correct EFSI's current","underserving of the EU-13 countries, the","scope of the general objectives eligible for","EFSI support should be enlarged."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged.","",""],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"49","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Maria Grapini","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-50","location":[["Proposal for a regulation","Recital 11"]],"meps":[124785],"meta":{"created":"2019-07-03T06:40:13"},"new":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged, while at the same time selection","criteria should be established in line with","the development targets proposed for","these regions."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"ro","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"50","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Isabella De Monte","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-51","location":[["Proposal for a regulation","Recital 11"]],"meps":[124803],"meta":{"created":"2019-07-03T06:40:13"},"new":["(11) In order to reinforce the take-up of","the EFSI in less-developed, outermost and","transition regions, the scope of the general","objectives eligible for EFSI support should","be enlarged."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"it","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"51","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Maria Grapini","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-52","location":[[" Proposal for a regulation","Recital 11 a (new)"]],"meps":[124785],"meta":{"created":"2019-07-03T06:40:13"},"new":["(11a) To increase EFSI take-up in less","developed regions, it will be necessary to","provide wider media coverage on means","of accessing available funding, secure","EIB regional or local assistance for","project development and implementation","and encourage public-private","partnerships on a wider basis."],"orig_lang":"ro","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"52","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Jens Nilsson","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-53","location":[[" Proposal for a regulation","Recital 11 a (new)"]],"meps":[111024],"meta":{"created":"2019-07-03T06:40:13"},"new":["(11a) Projects should be rooted in, and","carried out in cooperation with, the local","and regional level in order to ensure","optimum conditions for sustainability and","success."],"orig_lang":"sv","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"53","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Peter Kouroumbashev, Georgi Pirinski","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-54","location":[[" Proposal for a regulation","Recital 14"]],"meps":[124857,124855],"meta":{"created":"2019-07-03T06:40:13"},"new":["(14) In order to meet the high demand","for financing of mature projects under","CEF EUR 1 145 797 000 of appropriations","should be transferred from the CEF","financial instruments to the grant part of","the CEF with a view to facilitating","blending with the EFSI or to other relevant","instruments, in particular those dedicated","to energy efficiency."],"old":["(14) In order to partly finance the","contribution from the general budget of","the Union to the EU guarantee fund for","the additional investments to be made, a","transfer should be made from the","available envelope of the Connecting","","","Europe Facility (CEF), provided for in","Regulation (EU) No 1316/2013 of the","European Parliament and of the","Council4. Moreover, EUR 1 145 797 000","of appropriations should be transferred","from the CEF financial instruments to the","grant part of the CEF with a view to","facilitating blending with the EFSI or to","other relevant instruments, in particular","those dedicated to energy efficiency.","_________________","4Regulation (EU) No 1316/2013 of the","European Parliament and of the Council","of 11 December 2013 establishing the","Connecting Europe Facility, amending","Regulation (EU) No 913/2010 and","repealing Regulations (EC) No 680/2007","and (EC) No 67/2010, OJ L 348, 12.2013,","p. 129."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"54","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Isabella De Monte","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-55","location":[["Proposal for a regulation","Recital 14"]],"meps":[124803],"meta":{"created":"2019-07-03T06:40:13"},"new":["(14) In order to partly finance the","contribution from the general budget of the","Union to the EU guarantee fund for the","additional investments to be made, a","transfer should be made from the available","envelope of the Connecting Europe Facility","(CEF), provided for in Regulation (EU) No","1316/2013 of the European Parliament and","of the Council4. However, the","appropriations from this transfer will","hopefully be assigned primarily to","infrastructure and transport projects.","Moreover, EUR 1 145 797 000 of","appropriations should be transferred from","the CEF financial instruments to the grant","part of the CEF with a view to facilitating","blending with the EFSI or to other relevant","instruments, in particular those dedicated","to energy efficiency.","_________________","4","Regulation (EU) No 1316/2013 of the","European Parliament and of the Council of","11 December 2013 establishing the","Connecting Europe Facility, amending","Regulation (EU) No 913/2010 and","repealing Regulations (EC) No 680/2007","and (EC) No 67/2010, OJ L 348, 12.2013,","p. 129."],"old":["(14) In order to partly finance the","contribution from the general budget of the","Union to the EU guarantee fund for the","additional investments to be made, a","transfer should be made from the available","envelope of the Connecting Europe Facility","(CEF), provided for in Regulation (EU) No","1316/2013 of the European Parliament and","of the Council4. Moreover, EUR 1 145 797","000 of appropriations should be transferred","from the CEF financial instruments to the","grant part of the CEF with a view to","facilitating blending with the EFSI or to","other relevant instruments, in particular","those dedicated to energy efficiency.","","_________________","4","Regulation (EU) No 1316/2013 of the","European Parliament and of the Council of","11 December 2013 establishing the","Connecting Europe Facility, amending","Regulation (EU) No 913/2010 and","repealing Regulations (EC) No 680/2007","and (EC) No 67/2010, OJ L 348, 12.2013,","p. 129."],"orig_lang":"it","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"55","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Maria Grapini","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-56","location":[[" Proposal for a regulation","Recital 16"]],"meps":[124785],"meta":{"created":"2019-07-03T06:40:13"},"new":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced, while","avoiding geographical imbalances with","regard to funding requirements. Particular","attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"ro","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"56","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Roberts Z\u012ble","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-57","location":[[" Proposal for a regulation","Recital 16 a (new)"]],"meps":[28615],"meta":{"created":"2019-07-03T06:40:13"},"new":["(16a) The first year of experience shows","that the EFSI has been effective in","increasing the volume of EIB special","activities in favour of SMEs and mid-cap","companies but has not been successful in","boosting the volume of transport and","mobility projects to a sufficient extent,","especially in the Eastern EU countries. It","is therefore necessary to adopt further","measures to better address the difficulties","faced by Member States and project","promoters in proposing infrastructure","projects, in particular transport projects","contributing to the achievement of climate","change objectives."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"57","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Kosma Z\u0142otowski, Tomasz Piotr Por\u0119ba","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-58","location":[["Proposal for a regulation","Recital 16 a (new)"]],"meps":[124884,96801],"meta":{"created":"2019-07-03T06:40:14"},"new":["(16a) EFSI has been effective in","increasing the volume of EIB special","activities in favour of SMEs, but has not","been successful in boosting the volume of","transport projects to a sufficient extent.","Give, the high EU added value of","transport projects and huge investments","needs, especially prevalent in less-","developed states, it is therefore necessary","to adopt further measures to better","address the difficulties faced by Member","States and project promoters in proposing","infrastructure projects."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"58","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Kosma Z\u0142otowski, Tomasz Piotr Por\u0119ba","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-59","location":[[" Proposal for a regulation","Recital 16 b (new)"]],"meps":[124884,96801],"meta":{"created":"2019-07-03T06:40:14"},"new":["(16b) Transport projects tend to be","difficult to finance, because of lower","return rates, long-term horizon of","investments and higher levels of risk. In","order to reduce the present sectorial","imbalance of projects being financed by","the EFSI and to tackle the problem of","sub-optimal investments in transport","infrastructure in the EU, the EIAH,","together with the Commission, should","establish specific arrangements that","would facilitate the blending of the EFSI","with grants or other public financing","available from the Union or national","budgets in a simplified and less-","bureaucratic manner."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"59","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Bas Eickhout","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-60","location":[[" Proposal for a regulation","Recital 18"]],"meps":[96725],"meta":{"created":"2019-07-03T06:40:14"},"new":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is approved. The Investment","Committee should provide the scoreboard","of indicators of the operations rejected to","the Parliament with the exclusion of","commercially sensitive information."],"old":["(18) With a view to enhancing the","transparency of EFSI operations, the","Investment Committee should explain in its","decisions, which are made public and","accessible, the reasons why it deems that","an operation should be granted the EU","guarantee, with particular focus on","compliance with the additionality criterion.","The scoreboard of indicators should be","made public once an operation under the","EU guarantee is signed.",""],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"60","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Massimiliano Salini, Isabella De Monte, Salvatore Domenico Pogliese","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-61","location":[["Proposal for a regulation","Recital 17"]],"meps":[125670,124803,124853],"meta":{"created":"2019-07-03T06:40:14"},"new":["(17) The EIB and the EIF should","publicise the EFSI in order to raise the","profile of this important instrument. They","should also ensure that the final","beneficiaries, including SMEs, are","informed of the existence of EFSI support,","so as to enhance the visibility of the EU","guarantee granted under Regulation (EU)","2015/1017."],"old":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"orig_lang":"it","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"61","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Maria Grapini","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-62","location":[["Proposal for a regulation","Recital 19"]],"meps":[124785],"meta":{"created":"2019-07-03T06:40:14"},"new":["(19) The operations supported by the","EFSI should adhere to the Union's","principles of tax good governance, given","the need for a safer approach to prevent","the fraudulent use thereof."],"old":["(19) The operations supported by the","EFSI should adhere to the Union's","principles of tax good governance."],"orig_lang":"ro","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"62","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Marie-Christine Arnautu","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-63","location":[[" Proposal for a regulation","Recital 21"]],"meps":[124748],"meta":{"created":"2019-07-03T06:40:14"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. Notwithstanding its","objective to build upon existing advisory","services of the EIB and the Commission,","so to act as a single technical advisory hub","for project financing within the Union, the","EIAH should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"fr","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"63","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Kosma Z\u0142otowski, Tomasz Piotr Por\u0119ba","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-64","location":[[" Proposal for a regulation","Recital 21"]],"meps":[124884,96801],"meta":{"created":"2019-07-03T06:40:14"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs, sectors","and regions not covered adequately under","current arrangements. It should pay","particular attention to supporting the","preparation of projects involving two or","more Member States projects that","contribute to achieving the objectives of","COP21, as well as projects in sustainable","transport. Notwithstanding its objective to","build upon existing advisory services of the","EIB and the Commission, so to act as a","single technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the blending of other","sources of Union funding (such as the","European Structural and Investment","Funds, Horizon 2020 and the Connecting","Europe Facility) with the EFSI in order to","achieve synergies between the different","sources of EU support."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"64","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Bas Eickhout","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-65","location":[["Proposal for a regulation","Recital 21"]],"meps":[96725],"meta":{"created":"2019-07-03T06:40:14"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI.","transparency, participation, accessibility","of information?"],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"65","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Markus Pieper","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-66","location":[[" Proposal for a regulation","Recital 21 a (new)"]],"meps":[28224],"meta":{"created":"2019-07-03T06:40:14"},"new":["(21a) Since lack of structural reforms","constitutes the greatest barrier to","investment, approval of EFSI support","should also be tied to successful","developments in economic and fiscal","policy in the context of the European","Semester;"],"orig_lang":"de","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"66","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Markus Pieper","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-67","location":[[" Proposal for a regulation","Recital 21 b (new)"]],"meps":[28224],"meta":{"created":"2019-07-03T06:40:14"},"new":["(21b) Where an applicant for EFSI","support is a public body, the investment","shall be clearly entered under the national","debt balance, with consideration being","given to the possibility of a multiannual","settlement period;"],"old":[""],"orig_lang":"de","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"67","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Tania Gonz\u00e1lez Pe\u00f1as, Merja Kyll\u00f6nen","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-68","justification":" It is a matter of legislative responsibility not to carry forward a Proposal for a Regulation\n that does not have enough evidential base and has received such an overall negative\n assessment by the European Court of Auditors. Please, see previous AM to citations by this\n shadow rapporteur about the content of the ECA Opinion and consult the full text in the ECA\n website: http://www.eca.europa.eu/en/Pages/DocItem.aspx?did=39677","location":[["Proposal for a regulation","Article 1 \u2013 paragraph -1 (new)"]],"meps":[127330,124736],"meta":{"created":"2019-07-03T06:40:14"},"new":["-1. Taking into account the explicit","mandate on article 18(7) of the EFSI","Regulation and the serious risks and","weaknesses pointed out by the European","Court of Auditors in its Opinion 2/20161a,","the Committee on Transport and Tourism","calls on the Committee on Economic and","Monetary Affairs, as the committee","responsible, to propose rejection of the","Commission proposal.","The Committee on Transport and","Tourism calls on the Commission to carry","a comprehensive and cross-sectorial","assessment of the EFSI economic, social,","environmental and geographical impacts,","to explore alternative policy options and","only deliver a new proposal for the","extension of EFSI if an added value can","be objectively proved, taking into account","the current context of limited financial","resources. Innovative tools for a more","effective investment policy in the EU,","such as the introduction of mandatory","climate action compatibility check","applying to every operation prior to its","approval, must also be taken into","consideration.1a;","_________________","1aRegulation(EU) 2015/1017 of the","European Parliament and The Council of","25 June 2015 on the European Fund for","Strategic Investments, the European","Investment Advisory Hub and the","European Investment Project Portal and","amending Regulations (EU) No","1291/2013 and (EU) No 1316/2013;"],"old":[""],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"68","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Bas Eickhout","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-69","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 3"]],"meps":[96725],"meta":{"created":"2019-07-03T06:40:14"},"new":["'To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall have","features as further described in Annex II.'"],"old":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-","sharing instruments, cross-border","characteristics, exposure to specific risks","or other identifiable aspects as further","described in Annex II."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"69","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Bas Eickhout","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-70","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2 Regulation (EU) 2015/1017"]],"meps":[96725],"meta":{"created":"2019-07-03T06:40:14"},"new":["deleted"],"old":["EIB projects carrying a risk lower than","the minimum risk under EIB special","activities may also be supported by the","EFSI if the use of the EU guarantee is","required to ensure additionality as defined","in the first subparagraph of this","paragraph."],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"70","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Dominique Riquet, Jozo Rado\u0161, Pavel Teli\u010dka","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-71","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 5"]],"meps":[96885,112753,124706],"meta":{"created":"2019-07-03T06:40:14"},"new":["Projects supported by the EFSI that consist","of physical infrastructure linking two or","more Member States, projects included in","Annex I to Regulation (EU)","No 1316/2013 establishing the","Connecting Europe Facility, projects","implementing SESAR and ERTMS, and","projects involving the extension of","physical infrastructure or services linked to","physical infrastructure from one Member","State to one or more other Member States","shall be exempted, as appropriate, from","the additionality criterion referred to","above."],"old":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality."],"orig_lang":"fr","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"71","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Bas Eickhout","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-72","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) 2015/1017","Article 5 \u2013 paragraph 1 \u2013 subparagraph 5"]],"meps":[96725],"meta":{"created":"2019-07-03T06:40:15"},"new":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States need to be geared towards","2020 targets and shall also be considered","to provide additionality when generating","long term societal and environmental","benefits; the Investment Committee shall","ensure that additionality is verified in its","selection procedure."],"old":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality.;"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"72","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Maria Grapini","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-73","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 3 a (new)"],[" Regulation (EU) 2015/1017","Article 6 \u2013 paragraph 1 \u2013 point e a (new)"]],"meps":[124785],"meta":{"created":"2019-07-03T06:40:15"},"new":["(3a) In Article 6(1), the following point","(f) is added:","\u2018(f) are less likely to attract funding","from other sources and, at the same time,","have a significant social impact.\u2019"],"orig_lang":"ro","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"73","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Markus Pieper","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-74","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 3 a (new)"],["Regulation (EU) 2015/1017","Article 6 \u2013 paragraph 2 \u2013 subparagraph 1 a (new)"]],"meps":[28224],"meta":{"created":"2019-07-03T06:40:15"},"new":["(3a) The following is added to Article","6(2):","\u2018Smaller projects and investments shall","receive EFSI support, taking additionality","into account and in close cooperation","with national promotional banks.\u2019"],"orig_lang":"de","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"74","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Maria Grapini","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-75","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point -a (new)"],["Regulation (EU) 2015/1017","Article 7 \u2013 paragraph 2 \u2013 introductory part"]],"meps":[124785],"meta":{"created":"2019-07-03T06:40:15"},"new":["(-a) In Article 7(2), the introductory","wording is amended as follows:","\u20182. The EFSI Agreement shall provide","that the EFSI is to be governed by a","steering board, which, for the purpose of","the use of the EU guarantee, is to","determine, in conformity with the general","objectives set out in Article 9(2), while","ensuring implementation of the","agreement:\u2019"],"old":["2. The EFSI Agreement shall provide","that the EFSI is to be governed by a","steering board, which, for the purpose of","the use of the EU guarantee, is to","determine, in conformity with the general","objectives set out in Article 9(2):"],"orig_lang":"ro","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"75","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Maria Grapini","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-76","meps":[124785],"meta":{"created":"2019-07-03T06:40:15"},"new":["(-aa) Article 7(3) is amended as follows:","\u20183. The Steering Board shall comprise","four members: three appointed by the","Commission and one by the EIB. The","Steering Board shall elect a Chairperson","from among its members for a fixed term","of three years, renewable once. The","Steering Board shall take its decisions by","consensus on the basis of an in-depth","analysis of each situation under","discussion.\u2019"],"old":["3. The Steering Board shall comprise","four members: three appointed by the","Commission and one by the EIB. The","Steering Board shall elect a Chairperson","from among its members for a fixed term","of three years, renewable once. The","Steering Board shall take its decisions by","consensus."],"orig_lang":"ro","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"76","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Maria Grapini","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-77","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point -a b (new)"],[" Regulation (EU) 2015/1017","Article 7 \u2013 paragraph 4"]],"meps":[124785],"meta":{"created":"2019-07-03T06:40:15"},"new":["(-ab) Article 7(4) is amended as follows:","\u20184. Member States and other third","parties may - subject in the case of other","third parties to the agreement of the","Steering Board - contribute to the EFSI in","the form of guarantees or cash as regards","Member States, and in the same way as","regards other third parties. 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The Investment Committee shall be","composed of eight independent experts and","the Managing Director. The experts of the","Investment Committee shall, following an","open and transparent selection procedure,","be appointed by the Steering Board for a","fixed term of up to three years. Their term","shall be renewable but shall not exceed six","years in total. The independent experts","shall have a high level of relevant market","experience in project structuring and","project financing, as well as micro- and","macro-economic expertise and shall not","be from the same Member State.\u2019"],"old":["(8) The Investment Committee shall be","composed of eight independent experts and","the Managing Director. The experts of the","Investment Committee shall, following an","open and transparent selection procedure,","be appointed by the Steering Board for a","fixed term of up to three years. Their term","shall be renewable but shall not exceed six","years in total. 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The Steering Board shall","provide detailed guidance to that end;'"],"old":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end.;"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"85","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Markus Pieper","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-86","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[28224],"meta":{"created":"2019-07-03T06:40:16"},"new":["\u2018The EIB shall target that at least 20 % of","EFSI financing under the infrastructure and","innovation window supports projects","under point (c) with components that","contribute to climate action, in line with","the COP21 commitments. 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The Steering Board shall","provide detailed guidance to that end.;"],"orig_lang":"de","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"86","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Kosma Z\u0142otowski, Tomasz Piotr Por\u0119ba","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-87","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[124884,96801],"meta":{"created":"2019-07-03T06:40:16"},"new":["'The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. 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The Steering Board shall","provide detailed guidance to that end.;"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"87","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Christine Revault D'Allonnes Bonnefoy","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-88","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 a"]],"meps":[124287],"meta":{"created":"2019-07-03T06:40:16"},"new":["The EIB shall ensure that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end."],"old":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end."],"orig_lang":"fr","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"88","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Bas Eickhout","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-89","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 b (new)"]],"meps":[96725],"meta":{"created":"2019-07-03T06:40:16"},"new":["'The EIB shall target that at least 20% of","the EFSI financing under the","infrastructure and innovation window","supports projects falling under point (c)","related to sustainable, energy efficient,","low-carbon transport and mobility","projects.'"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"89","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Christine Revault D'Allonnes Bonnefoy","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-90","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 subparagraph 1 b (new)"]],"meps":[124287],"meta":{"created":"2019-07-03T06:40:16"},"new":["The EIB shall ensure that at least 20 % of","EFSI financing supports projects falling","under point (c) related to transport and","mobility projects."],"orig_lang":"fr","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"90","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Michael Cramer, Bas Eickhout","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-91","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b a (new)"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point c"]],"meps":[28238,96725],"meta":{"created":"2019-07-03T06:40:16"},"new":["(ba) Article 9, paragraph 2 (c)","introductory part is replaced by the","following:","'(c) development of transport","infrastructures, and equipment and","innovative technologies for transport,","including small scale projects, that are","listed in the individual member states'","Transport Master Plans, through:'"],"old":["(c) development of transport","infrastructures, and equipment and","innovative technologies for transport, in","particular through:"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"91","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Markus Pieper","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-92","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b a (new)"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point c \u2013 point iii a (new)"]],"meps":[28224],"meta":{"created":"2019-07-03T06:40:16"},"new":["(ba) in paragraph 2(c), the following","point is added:","'(iiia) railway infrastructure and other","rail projects;\u2019"],"orig_lang":"de","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"92","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Michael Cramer","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-93","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b b (new)"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point e \u2013 point iii a (new)"]],"meps":[28238],"meta":{"created":"2019-07-03T06:40:16"},"new":["(bb) In point (c) the following point is","added:","'iiia. the use of at least 2% of the entire","EU funds available for transport on","cyclist and pedestrian projects;'"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"93","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Bas Eickhout","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-94","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point d"],[" Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 4"]],"meps":[96725],"meta":{"created":"2019-07-03T06:40:16"},"new":["deleted"],"old":["(d) paragraph 4 is deleted.;"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"94","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Dominique Riquet, Jozo Rado\u0161","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-95","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point d a (new)"],["Regulation (EU) 2015/1017","Article 9 \u2013 paragraph 7 \u2013 subparagraph 1 a (new)"]],"meps":[96885,112753],"meta":{"created":"2019-07-03T06:40:17"},"new":["(da)","\u2018The rules in force on flexibility and the","implementation of the stability and growth","pact1a restrict the Member States\u2019","capabilities \u2013 under the preventive, and","particularly the corrective, arm of the pact","\u2013 to co-finance projects that are also co-","financed by the EFSI. 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EIAH staff shall ensure","complementarity between the European","Fund for Strategic Investments and other","European programmes in order to step up","the level of synergy, encourage combined","financing and enhance the leveraging","effect of European financial instruments.\u2019"],"orig_lang":"fr","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"99","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Michael Cramer","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-100","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 a (new)"],["Regulation (EU) 2015/1017","Article 16 \u2013 paragraph 6 a (new)"]],"meps":[28238],"meta":{"created":"2019-07-03T06:40:17"},"new":["(9a) in Article 16, the following","paragraph is added:","'6a. The Commission shall submit an","annual report listing the details of all","transport projects that received EU","supported through the EFSI fund clearly","indicating the corresponding amounts.'"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"100","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Christine Revault D'Allonnes Bonnefoy","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-101","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 a (new)"],["Regulation (EU) 2015/1017","Article 17 a (new)"]],"meps":[124287],"meta":{"created":"2019-07-03T06:40:17"},"new":["(9a) the following Article 17a is","inserted:","\u2018Article 17a","Investment clause","With regard to Article 5(1) of Regulation","(EC) No 1466/97 and Article 3(4) of","Regulation (EC) No 1467/97, the","following contributions are considered to","be one-off measures:","(a) financial contributions to the","EFSI by Member States or by national","promotional banks;","(b) financial contributions to","dedicated investment platforms that are","eligible under this Regulation by Member","States or by national promotional banks;","(c) financial contributions on behalf","of the State for individual operations","which are supported by the EFSI.","All the financial contributions referred to","in paragraph 1 shall help achieve the","Union\u2019s policy goals.\u2019"],"old":["",""],"orig_lang":"fr","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"101","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Peter Kouroumbashev, Georgi Pirinski","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-102","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 11"],[" Regulation (EU) 2015/1017","Article 19"]],"meps":[124857,124855],"meta":{"created":"2019-07-03T06:40:17"},"new":["'The EIB and EIF shall inform and shall","oblige financial intermediaries to inform","the final beneficiaries, including SMEs, of","the existence of EFSI support.","The EIB shall be obliged to publish on its","website the amount of the EFSI funding","for each separate project as well as the","amount of the total investment expected","under the project.';"],"old":["The EIB and EIF shall inform or shall","oblige financial intermediaries to inform","the final beneficiaries, including SMEs, of","the existence of EFSI support.;"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"102","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Bas Eickhout","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-103","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 13"],["Regulation (EU) 2015/1017","Article 23 \u2013 paragraph 2"]],"meps":[96725],"meta":{"created":"2019-07-03T06:40:17"},"new":["'The power to adopt delegated acts referred","to in Article 7(13) and (14) shall be","conferred on the Commission for a period","of five years from 4 July 2015. The","Commission shall draw up a report in","respect of the delegation of power not later","than nine months before the end of the","five-year period; the Commission shall","propose a revision of delegated regulation","2015/1558 within one month after this","regulation is published in the Official","Journal of the European Union. The","Scoreboard of indicators shall be used by","the Investment Committee to ensure an","independent and transparent assessment","of the potential and actual use of the EU","guarantee, and to prioritise the use of the","EU guarantee for operations that display","higher scores and added value. In its","proposal, the Commission shall give","employment and sustainability more","weight and the scores on the different","pillars shall be aggregated into an overall","single rating.'"],"old":["The power to adopt delegated acts referred","to in Article 7(13) and (14) shall be","conferred on the Commission for a period","of five years from 4 July 2015. The","Commission shall draw up a report in","respect of the delegation of power not later","than nine months before the end of the","five-year period.;"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"103","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Massimiliano Salini, Isabella De Monte, Salvatore Domenico Pogliese","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-104","location":[["Proposal for a regulation","Annex \u2013 point 1 \u2013 point a"]],"meps":[125670,124803,124853],"meta":{"created":"2019-07-03T06:40:17"},"new":["deleted"],"old":["EFSI support to motorways shall be","avoided, unless it is needed to support","private investment in transport in","cohesion countries or in cross-border","transport projects involving at least one","cohesion country.;"],"orig_lang":"it","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"104","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Pavel Teli\u010dka, Dominique Riquet, Jozo Rado\u0161","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-105","location":[[" Proposal for a regulation","Annex \u2013 point 1 \u2013 point a"],[" Regulation (EU) 2015/1017","Annex II \u2013 section 2 \u2013 point b \u2013 subparagraph 1 a"]],"meps":[124706,96885,112753],"meta":{"created":"2019-07-03T06:40:17"},"new":["'EFSI support to motorways may be","considered if it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country or if it is necessary to upgrade","and maintain, improve road safety,","develop ITS, improve the impact of road","transport on the environment or","guarantee the standard and integrity of","existing motorways on the trans-","European transport network.;'"],"old":["EFSI support to motorways shall be","avoided, unless it is needed to support","private investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country.;"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"105","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Bas Eickhout, Michael Cramer","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-106","location":[[" Proposal for a regulation","Annex \u2013 point 1 \u2013 point a"],[" Regulation (EU) 2015/1017","Annex II \u2013 section 2 \u2013 point b \u2013 subparagraph 1 a"]],"meps":[96725,28238],"meta":{"created":"2019-07-03T06:40:17"},"new":["'EFSI support to motorways shall be","avoided except for cross-border sections","as defined in Article 2 (2) of the","regulation 1316/2013 between cohesion","countries.';"],"old":["EFSI support to motorways shall be","avoided, unless it is needed to support","private investment in transport in","cohesion countries or in cross-border","transport projects involving at least one","cohesion country.;"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"106","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"In\u00e9s Ayala Sender","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-107","justification":"This amendment seeks to provide more clarity to the original amendment 21 of the rapporteur\nby clarifying some of the standards that could be eligible for EFSI funding: (i.e. safe parking\nareas, electric charging systems and clean fuel station) inspired from the road infrastructure\npriorities established for the TEN-T network on article 19 of regulation 1315/2013","location":[["Proposal for a regulation","Annex \u2013 point 1 \u2013 point a"],["Regulation (EU) 2015/1017","Annex II \u2013 section 2 \u2013 point b \u2013 subparagraph 1 a"]],"meps":[28292],"meta":{"created":"2019-07-03T06:40:17"},"new":["'EFSI support to motorways shall be","avoided, unless it is needed to support","private investment in transport in cohesion","countries or in cross-border transport","projects or unless it is necessary to","upgrade and maintain, improve road","safety, develop ITS devises or guarantee","the integrity and standards, (including","safe parking areas, alternative clean fuels","stations and electric charging systems) of","existing motorways on the trans-","European transport network.';"],"old":["EFSI support to motorways shall be","avoided, unless it is needed to support","private investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country.;"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"107","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Peter Kouroumbashev, Georgi Pirinski","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-108","location":[[" Proposal for a regulation","Annex \u2013 point 1 \u2013 point a"],[" Regulation (EU) 2015/1017","Annex II \u2013 section 2 \u2013 point b \u2013 subparagraph 1 a"]],"meps":[124857,124855],"meta":{"created":"2019-07-03T06:40:17"},"new":["'EFSI support to motorways shall be","avoided, unless it is needed to support","public or private investment in transport in","cohesion countries or in cross-border","transport projects involving at least one","cohesion country.';"],"old":["EFSI support to motorways shall be","avoided, unless it is needed to support","private investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country.;"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"108","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Michael Cramer","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-109","location":[[" Proposal for a regulation","Annex \u2013 point 1 \u2013 point a"],[" Regulation (EU) 2015/1017","Annex II \u2013 section 2 \u2013 point b \u2013 subparagraph 1 b (new)"]],"meps":[28238],"meta":{"created":"2019-07-03T06:40:17"},"new":["'EFSI support shall explicitly also be","possible for the maintenance and","upgrading of existing transport","infrastructure;'"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"109","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":" Bas Eickhout, Michael Cramer","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-110","justification":"This will ensure consistency with the ERDF legislation","location":[[" Proposal for a regulation","Annex \u2013 point 1 \u2013 point a"],[" Regulation (EU) 2015/1017","Annex II \u2013 section 2 \u2013 point b \u2013 subparagraph 1 b (new)"]],"meps":[96725,28238],"meta":{"created":"2019-07-03T06:40:17"},"new":["'EFSI support to airport infrastructure","shall be avoided;'"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"110","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Bas Eickhout","changes":{},"committee":["TRAN"],"date":"2017-02-08T00:00:00","id":"PE597.683-111","location":[["Proposal for a regulation","Annex \u2013 point 3"],["Regulation (EU) 2015/1017","Annex II \u2013 section 5"]],"meps":[96725],"meta":{"created":"2019-07-03T06:40:17"},"new":["'The scoreboard shall be made public as","soon as an operation under the EU","guarantee is signed approved, with the","exclusion of commercially sensitive","information; the Investment Committee","shall provide the Parliament with the","scoreboard of indicators of rejected","operations with the exclusion of","commercially sensitive information as","well as an overview of the investment-","weighted aggregate scores of approved","projects;'"],"old":["The scoreboard shall be made public as","soon as an operation under the EU","guarantee is signed, with the exclusion of","commercially sensitive information.;"],"orig_lang":"en","peid":"PE597.683v02-00","reference":"2016/0276(COD)","seq":"111","src":"http://www.europarl.europa.eu/doceo/document/TRAN-AM-597683_EN.pdf"},{"authors":"Monika Vana","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-11","location":[["Proposal for a regulation","\u2013"]],"meps":[124934],"meta":{"created":"2019-07-03T06:43:07"},"new":["The European Parliament rejects the","Commission proposal."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"11","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Stanislav Pol\u010d\u00e1k, Lambert van Nistelrooij, Tam\u00e1s Deutsch","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-12","location":[["Proposal for a regulation","Citation 5 a (new)"]],"meps":[124704,28165,96826],"meta":{"created":"2019-07-03T06:43:07"},"new":["Having regard to the European","Investment Bank\u2019s (EIB) first report on","\"Evaluation of the functioning of the","European Fund for Strategic","Investments\" released on 6 October 2016;","Having regard to the European Court of","Auditors\u2019 (ECA) Opinion No 2/2016 on","\"EFSI: an early proposal to extend and","expand\" released on 11 November 2016;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"12","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-13","location":[["Proposal for a regulation","Citation 5 a (new)"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:07"},"new":["Having regard to the opinion of the Court","of Auditors,"],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"13","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-14","location":[[" Proposal for a regulation","Recital 1"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:07"},"new":["(1) The Union is now in its fourth year","of moderate recovery. The Commission","maintains that comprehensive efforts","initiated with the Investment Plan are","already delivering concrete results, despite","the fact that macroeconomic effects of","larger investment projects cannot be","immediate.","COM(2014) 903 final."],"old":["(1) Since the Investment Plan for","Europe3 was presented in November 2014,","the conditions for an uptake in investment","have improved and confidence in","Europe\u2019s economy and growth are","returning. The Union is now in its fourth","year of moderate recovery, with Gross","Domestic Product growing at 2% in 2015.","The comprehensive efforts initiated with","the Investment Plan are already delivering","concrete results, despite the fact that","macroeconomic effects of larger","investment projects cannot be immediate.","Investment is expected to pick up","gradually throughout 2016 and 2017","although it remains below historical","levels.","_________________","3"],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"14","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-15","location":[[" Proposal for a regulation","Recital 2"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:07"},"new":["deleted"],"old":["(2) This positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe's future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"15","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Andor Deli","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-16","location":[["Proposal for a regulation","Recital 2"]],"meps":[124714],"meta":{"created":"2019-07-03T06:43:07"},"new":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe\u2019s economy","and competitiveness and where market","failures or sub-optimal investment","situations remain."],"old":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe\u2019s future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"16","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Martina Michels, Martina Anderson, Younous Omarjee, Dimitrios Papadimoulis","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-17","location":[["Proposal for a regulation","Recital 2"]],"meps":[120478,113959,30482,28586],"meta":{"created":"2019-07-03T06:43:07"},"new":["(2) That momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan should","be readjusted and reinforced to continue","the mobilisation of public-led and private","investments in sectors important to","Europe\u2019s future and where market failures","or sub-optimal investment situations","remain."],"old":["(2) That positive momentum should be","maintained and efforts need to be","continued to bring investment back to its","long-term sustainable trend. The","mechanisms of the Investment Plan work","","and should be reinforced to continue the","mobilisation of private investments in","sectors important to Europe\u2019s future and","where market failures or sub-optimal","investment situations remain."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"17","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-18","location":[[" Proposal for a regulation","Recital 3 a (new)"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:07"},"new":["(3a) On 11 November 2016, the","European Court of Auditors published an","opinion in which it stated that: the","\u2018European Commission plans to increase","and extend the investment fund at the","heart of the \u2018Juncker Plan\u2019 were drawn","up too soon and with little evidence that","the increase is justified\u2019. The Court also","highlighted the fact that \u2018no","comprehensive impact assessment has","been made\u2019 and criticised the \u2018deletion of","the provision linking the continuation of","EFSI to the results of an independent","evaluation\u2019. It also emphasised \u2018the risk","that the multiplier effect is overstated\u2019,","and that the objectives and results cited","were those expected and not ones","confirmed by tangible, accurate, clear or","immediate statistics."],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"18","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-19","location":[[" Proposal for a regulation","Recital 4"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:08"},"new":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is on track","towards the objective of mobilising at least","EUR 315 billion in additional investments","in the real economy by mid-2018."],"old":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME","Window where the EFSI is delivering well","beyond expectations. In July 2016 the","SME Window was thus scaled-up by EUR","500 million within the existing parameters","of the Regulation (EU) 2015/1017. A","larger share of financing to be geared","towards SMEs given the exceptional","market demand for SME financing under","the EFSI: 40% of the increased risk","bearing capacity of the EFSI should be","geared towards increasing access to","financing for SMEs."],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"19","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Victor Bo\u015ftinaru","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-20","location":[["Proposal for a regulation","Recital 4"]],"meps":[39711],"meta":{"created":"2019-07-03T06:43:08"},"new":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, hopes to","deliver the objective of mobilising at least","EUR 315 billion in additional investments","in the real economy by mid-2018.","However, investments have been very","uneven among the different Member","States, what constitutes an important","shortcoming of the EFSI which needs to","be rapidly addressed. The market","absorption has been particularly quick","under the SME Window where the EFSI is","delivering well beyond expectations. In","July 2016 the SME Window was thus","scaled-up by EUR 500 million within the","existing parameters of Regulation (EU) No","2015/1017. A larger share of financing to","be geared towards SMEs given the","exceptional market demand for SME","financing under the EFSI: 40% of the","increased risk bearing capacity of the EFSI","should be geared towards increasing access","to financing for SMEs."],"old":["(4) The EFSI, implemented and co-","sponsored by the EIB Group, is firmly on","track to deliver the objective of mobilising","at least EUR 315 billion in additional","investments in the real economy by mid-","2018. The market absorption has been","particularly quick under the SME Window","where the EFSI is delivering well beyond","expectations. In July 2016 the SME","Window was thus scaled-up by EUR 500","million within the existing parameters of","Regulation (EU) No 2015/1017. A larger","share of financing to be geared towards","","SMEs given the exceptional market","demand for SME financing under the","EFSI: 40% of the increased risk bearing","capacity of the EFSI should be geared","towards increasing access to financing for","SMEs."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"20","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Stanislav Pol\u010d\u00e1k, Lambert van Nistelrooij, Tam\u00e1s Deutsch","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-21","location":[[" Proposal for a regulation","Recital 4 a (new)"]],"meps":[124704,28165,96826],"meta":{"created":"2019-07-03T06:43:08"},"new":["(4a) Articles 18(6) and 18(7) of the","Regulation (EU) No 2015/1017 provide","for a proposal to amend that Regulation","to be made by 5 July 2018 and require","that such a proposal should be supported","by an independent evaluation on whether","EFSI \"is achieving its objectives and","maintaining a scheme for supporting","investment is warranted\". This","independent evaluation of the application","of that Regulation carried out by external","experts was released only after the","Commission\u2019s proposal on the extension","of EFSI."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"21","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-22","location":[[" Proposal for a regulation","Recital 5"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:08"},"new":["(5) On 28 June 2016 the European","Council, despite not having at its disposal","any independent assessment containing","accurate and objective statistics concluded","that \"The Investment Plan for Europe, in","particular the European Fund for Strategic","Investments (EFSI), has already delivered","concrete results and is a major step to help","mobilise private investment while making","smart use of scarce budgetary resources.\"","The Commission intends to soon put","forward proposals on the future of the","EFSI, which should be examined as a","matter of urgency by the European","Parliament and the Council\"."],"old":["(5) On 28 June 2016 the European","Council concluded that \"The Investment","Plan for Europe, in particular the European","Fund for Strategic Investments (EFSI), has","already delivered concrete results and is a","major step to help mobilise private","investment while making smart use of","scarce budgetary resources.\" The","Commission intends to soon put forward","proposals on the future of the EFSI, which","should be examined as a matter of urgency","by the European Parliament and the","Council\"."],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"22","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Victor Bo\u015ftinaru","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-23","location":[["Proposal for a regulation","Recital 6"]],"meps":[39711],"meta":{"created":"2019-07-03T06:43:08"},"new":["deleted"],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration","and financial capacity. The legal","extension covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI","even further and reach the aim of","doubling the investment target, Member","States should also contribute as a matter","of priority."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"23","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Monika Vana","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-24","location":[[" Proposal for a regulation","Recital 6"]],"meps":[124934],"meta":{"created":"2019-07-03T06:43:08"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration","and financial capacity. The legal","extension covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI","even further and reach the aim of","doubling the investment target, Member","States should also contribute as a matter","of priority."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"24","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-25","location":[[" Proposal for a regulation","Recital 6"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:08"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. The programme has fallen","short in terms of ensuring the quality,","additionality, economic and social utility","and sustainability of the projects","financed. Despite this, after just one year","of the EFSI being in operation, and","without the independent evaluation to","which the EFSI\u2019s potential extension was","linked being conducted, the Commission","has launched a proposal on the doubling","of the EFSI, both in terms of duration and","financial capacity.","The legal extension proposed by the","Commission covers the period of the","current Multiannual Financial Framework","and should provide a total of at least half a","trillion euro investments by 2020. In order","to try to expand the capacity of the EFSI,","Member States could also contribute as a","matter of priority."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration and","financial capacity. The legal extension","covers the period of the current","Multiannual Financial Framework and","","","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority."],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"25","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Martina Michels, Younous Omarjee, Martina Anderson, Dimitrios Papadimoulis","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-26","location":[["Proposal for a regulation","Recital 6"]],"meps":[120478,30482,113959,28586],"meta":{"created":"2019-07-03T06:43:08"},"new":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given the fact that most of","the investments reached the richest","regions and countries enhanced efforts","are needed to focus mainly on the less","developed and transition regions and","countries which are most affected by the","investment gap and to better align the","instrument with the Union\u2019s core","objectives of cohesion and integration.","The legal extension covers the period of","the current Multiannual Financial","Framework and should provide a total of at","least half a trillion euro investments by","2020. In order to enhance the firepower of","the EFSI even further and reach the aim of","doubling the investment target, Member","States should also contribute as a matter of","priority."],"old":["(6) The EFSI was established for an","initial period of three years and with the","aim of mobilising at least EUR 315 billion","in investments. Given its success, the","Commission is committed to the doubling","of the EFSI, both in terms of duration","and financial capacity. The legal","extension covers the period of the current","Multiannual Financial Framework and","should provide a total of at least half a","trillion euro investments by 2020. In order","to enhance the firepower of the EFSI even","further and reach the aim of doubling the","investment target, Member States should","also contribute as a matter of priority."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"26","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Monika Vana","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-27","location":[[" Proposal for a regulation","Recital 6 a (new)"]],"meps":[124934],"meta":{"created":"2019-07-03T06:43:08"},"new":["(6a) On 11 November 2016, the","European Court of Auditors concluded","that it was still too soon for the economic,","social and environmental impacts to be","measured or for a conclusion to be drawn","as to whether EFSI was achieving its","objectives. A comprehensive impact","assessment shall provide for the necessary","evidence whether or not the EFSI should","be extended."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"27","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Victor Bo\u015ftinaru","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-28","location":[[" Proposal for a regulation","Recital 7"]],"meps":[39711],"meta":{"created":"2019-07-03T06:43:08"},"new":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that strategic","investment will continue at a sustainable","level, in particular through the ESI","Funds which will continue to represent","the key funds to support cohesion and","investments in all Member States and","regions, aiming at promoting growth and","jobs and reducing development gaps","among EU regions."],"old":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that strategic","investment will continue at a sustainable","level."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"28","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Daniel Buda, Viorica D\u0103ncil\u0103, Iuliu Winkler","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-29","location":[["Proposal for a regulation","Recital 7"]],"meps":[125012,95281,39725],"meta":{"created":"2019-07-03T06:43:08"},"new":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that strategic","investment will continue at a sustainable","level, while continuing to ensure","complementarity between structural and","investment funds."],"old":["(7) For the period after 2020, the","Commission intends to put forward the","necessary proposals to ensure that strategic","investment will continue at a sustainable","level."],"orig_lang":"ro","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"29","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Tam\u00e1s Deutsch","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-30","location":[["Proposal for a regulation","Recital 7 a (new)"]],"meps":[96826],"meta":{"created":"2019-07-03T06:43:08"},"new":["(7a) Proposals aiming at extending the","investment period after 2020 should be","preceded by and based on independent","evaluations, which analyse whether EFSI","achieves its objectives, in particular","regarding the additionality of projects as","well as its impact on growth and","employment."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"30","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Tam\u00e1s Deutsch","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-31","location":[["Proposal for a regulation","Recital 7 b (new)"]],"meps":[96826],"meta":{"created":"2019-07-03T06:43:08"},"new":["(7b) Proposals on the extension of the","EFSI should not aim at replacing or","reducing the budget of the European","Structural and Investment Funds."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"31","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Martina Michels, Younous Omarjee, Martina Anderson, Dimitrios Papadimoulis","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-32","location":[[" Proposal for a regulation","Recital 8"]],"meps":[120478,30482,113959,28586],"meta":{"created":"2019-07-03T06:43:09"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and support strategic","investments with strengthened","additionality and with high social,","environmental, territorial and economic","added value, contributing to achieving","Union policy objectives, prioritizing the","Union\u2019s economic, social and territorial","cohesion; particular attention shall be","paid to the outermost, less developed and","transition regions, urban and rural areas","facing particular social, economic and","financial constraints, areas affected by","industrial transition, high unemployment","rates, and regions which suffer from","severe and permanent natural or","demographic impairments, such as, the","northernmost regions with very low","population density and islands, cross","border and mountain regions. They","include investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. The contribution","of operations supported by the EFSI to","achieving the Union\u2019s ambitious targets set","at the Paris Climate Conference (COP21)","should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support investment in","sustainable cross-border transport projects","involving at least one cohesion country.","For reasons of clarity, although they are","already eligible, it should be explicitly laid","down that projects in the fields of","agriculture, fishery and aquaculture come","within the general objectives eligible for","EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future","job creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular,","the contribution of operations supported by","the EFSI to achieving the Union\u2019s","ambitious targets set at the Paris Climate","Conference (COP21) should be reinforced.","Energy interconnection priority projects","and energy efficiency projects should also","be increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"32","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-33","location":[["Proposal for a regulation","Recital 8"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:09"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","sustainable growth and competitiveness,","ensuring additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital, healthcare, research and","innovation, cross-border and sustainable","transport, as well as the digital","transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced, eliminating","any support for fossil fuels. Zero","emissions impact projects and energy","efficiency projects should also be","increasingly targeted. Findings so far","show that the broad support provided by","the EFSI to energy, energy efficiency and","renewable energy projects has been","accompanied by a corresponding","reduction in ordinary EIB investments in","those sectors, thereby nullifying the","notion of additionality. The loans","financed under the EFSI should be","additional to the normal investment","operations of the EIB. For reasons of","clarity, although they are already eligible,","it should be explicitly laid down that","projects in the fields of agriculture, fishery","and aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"33","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Monika Vana","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-34","location":[[" Proposal for a regulation","Recital 8"]],"meps":[124934],"meta":{"created":"2019-07-03T06:43:09"},"new":["(8) The EFSI should address remaining","market failures and sub-optimal investment","situations and continue to mobilise private","sector financing in investments crucial for","Europe\u2019s future job creation \u2013 including for","the youth \u2013, growth and competitiveness","with strengthened additionality. They","include investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided.","For reasons of clarity, although they are","already eligible, it should be explicitly laid","down that projects in the fields of","agriculture, fishery and aquaculture come","within the general objectives eligible for","EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"34","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Daniel Buda, Viorica D\u0103ncil\u0103, Iuliu Winkler","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-35","location":[["Proposal for a regulation","Recital 8"]],"meps":[125012,95281,39725],"meta":{"created":"2019-07-03T06:43:09"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation, taking account","of the need to adapt to current trends by","facilitating collaborative economy","instruments. In particular, the contribution","of operations supported by the EFSI to","achieving the Union's ambitious targets set","at the Paris Climate Conference (COP21)","should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union's ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"ro","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"35","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Andor Deli","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-36","location":[[" Proposal for a regulation","Recital 8"]],"meps":[124714],"meta":{"created":"2019-07-03T06:43:09"},"new":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to foster","public and private partnerships and","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"old":["(8) The extended EFSI should address","remaining market failures and sub-optimal","investment situations and continue to","mobilise private sector financing in","investments crucial for Europe\u2019s future job","creation \u2013 including for the youth \u2013,","growth and competitiveness with","strengthened additionality. They include","investments in the areas of energy,","environment and climate action, social and","human capital and related infrastructure,","healthcare, research and innovation, cross-","border and sustainable transport, as well as","the digital transformation. In particular, the","contribution of operations supported by the","EFSI to achieving the Union\u2019s ambitious","targets set at the Paris Climate Conference","(COP21) should be reinforced. Energy","interconnection priority projects and","energy efficiency projects should also be","increasingly targeted. In addition, EFSI","","support to motorways should be avoided,","unless it is needed to support private","investment in transport in cohesion","countries or in cross-border transport","projects involving at least one cohesion","country. For reasons of clarity, although","they are already eligible, it should be","explicitly laid down that projects in the","fields of agriculture, fishery and","aquaculture come within the general","objectives eligible for EFSI support."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"36","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-37","location":[["Proposal for a regulation","Recital 9"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:09"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should","be considered additional given their","inherent difficulty and their high added","value for the Union."],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"37","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Monika Vana","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-38","location":[["Proposal for a regulation","Recital 9"]],"meps":[124934],"meta":{"created":"2019-07-03T06:43:09"},"new":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Projects supported by the EFSI","should also be considered additional when","generating long-term societal and","environmental benefits. The Investment","Committee should ensure that","additionality is verified in its selection","procedure."],"old":["(9) Additionality, a key feature of the","EFSI, should be strengthened in the","selection of projects. In particular,","operations should only be eligible for EFSI","support if they address clearly identified","market failures or sub-optimal investment","situations. Operations in infrastructure","under the Infrastructure and Innovation","Window linking two or more Member","States, including e-infrastructure, should","be considered additional given their","inherent difficulty and their high added","value for the Union."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"38","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Tam\u00e1s Deutsch","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-39","location":[[" Proposal for a regulation","Recital 10"]],"meps":[96826],"meta":{"created":"2019-07-03T06:43:09"},"new":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","blending operations combining non-","reimbursable forms of support and/or","financial instruments from the Union","budget, such as those available under the","Connecting Europe Facility, and financing","from EIB Group, including EIB financing","under the EFSI, as well as other investors","should be encouraged. 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Blending aims to","enhance the value added of Union","spending by attracting additional resources","from private investors and to ensure the","actions supported become economically","and financially viable."],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"43","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Lambert van Nistelrooij","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-44","location":[["Proposal for a regulation","Recital 10"]],"meps":[28165],"meta":{"created":"2019-07-03T06:43:09"},"new":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","combining non-reimbursable forms of","support and/or financial instruments from","the Union budget, such as those available","under the Connecting Europe Facility, and","financing from EIB Group, including EIB","financing under the EFSI, as well as other","investors should be encouraged.","Combining aims to enhance the value","added of Union spending by attracting","additional resources from private investors","and to ensure the actions supported become","economically and financially viable."],"old":["(10) Due to their potential to increase","the efficiency of the EFSI intervention,","blending operations combining non-","reimbursable forms of support and/or","financial instruments from the Union","budget, such as those available under the","Connecting Europe Facility, and financing","from EIB Group, including EIB financing","under the EFSI, as well as other investors","should be encouraged. 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economic","cohesion."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged."],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"53","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Tam\u00e1s Deutsch","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-54","location":[[" Proposal for a regulation","Recital 11"]],"meps":[96826],"meta":{"created":"2019-07-03T06:43:10"},"new":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI support should be","enlarged, with special attention to","agriculture."],"old":["(11) In order to reinforce the take-up of","the EFSI in less-developed and transition","regions, the scope of the general objectives","eligible for EFSI 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The amount of EUR","100 000 000 000 supported by the EFSI is","expected to generate at least EUR 500 000","000 000 of additional investment in the","real economy by the end of 2020."],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"62","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-63","meps":[124835],"meta":{"created":"2019-07-03T06:43:11"},"new":["deleted"],"old":["(14) In order to partly finance the","contribution from the general budget of","the Union to the EU guarantee fund for","the additional investments to be made, a","transfer should be made from the","available envelope of the Connecting","Europe Facility (CEF), provided for in","Regulation (EU) No 1316/2013 of the","European Parliament and of the Council.","4 . Moreover, EUR 1 145 797 000 of","","appropriations should be transferred from","the CEF financial instruments to the","grant part of the CEF with a view to","facilitating blending with the EFSI or to","other relevant instruments, in particular","those dedicated to energy efficiency.","_________________","4Regulation (EU) No 1316/2013 of the","European Parliament and of the Council","of 11 December 2013 establishing the","Connecting Europe Facility, amending","Regulation (EU) No 913/2010 and","repealing Regulations (EC) No 680/2007","and (EC) No 67/2010, OJ L 348, 12.2013,","p. 129."],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"63","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Martina Michels, Martina Anderson, Younous Omarjee","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-64","location":[[" Proposal for a regulation","Recital 14"]],"meps":[120478,113959,30482],"meta":{"created":"2019-07-03T06:43:11"},"new":["deleted"],"old":["(14) In order to partly finance the","contribution from the general budget of","the Union to the EU guarantee fund for","the additional investments to be made, a","transfer should be made from the","","","available envelope of the Connecting","Europe Facility (CEF), provided for in","Regulation (EU) No 1316/2013 of the","European Parliament and of the Council4",". Moreover, EUR 1 145 797 000 of","appropriations should be transferred from","the CEF financial instruments to the","grant part of the CEF with a view to","facilitating blending with the EFSI or to","other relevant instruments, in particular","those dedicated to energy efficiency.","_________________","4Regulation (EU) No 1316/2013 of the","European Parliament and of the Council","of 11 December 2013 establishing the","Connecting Europe Facility, amending","Regulation (EU) No 913/2010 and","repealing Regulations (EC) No 680/2007","and (EC) No 67/2010, OJ L 348, 12.2013,","p. 129."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"64","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-65","location":[["Proposal for a regulation","Recital 16"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:11"},"new":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises. Experience so far nevertheless","points to a sharp increase in indirect","financing in respect of SMEs, through","highly opaque structures and speculative","investment funds geared towards","maximising short-term profits rather than","towards supporting the real economy and","the SMEs themselves."],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"65","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Daniel Buda, Viorica D\u0103ncil\u0103, Iuliu Winkler","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-66","location":[[" Proposal for a regulation","Recital 16"]],"meps":[125012,95281,39725],"meta":{"created":"2019-07-03T06:43:11"},"new":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments and the diversification of","financing sources by encouraging","multiple financing such as crowdfunding."],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"ro","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"66","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Viorica D\u0103ncil\u0103, Daniel Buda","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-67","location":[[" Proposal for a regulation","Recital 16"]],"meps":[95281,125012],"meta":{"created":"2019-07-03T06:43:11"},"new":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME and midcap Window should be","enhanced. Particular attention should be","paid to social enterprises, as well as","sustainable/environmental projects,","including through the development and","deployment of new instruments."],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"ro","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"67","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Michela Giuffrida, Andrea Cozzolino","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-68","location":[["Proposal for a regulation","Recital 16"]],"meps":[124864,96880],"meta":{"created":"2019-07-03T06:43:11"},"new":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced,","especially in the less-developed regions","and transition regions. Particular attention","should be paid to social enterprises,","including through the development and","deployment of new instruments."],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"68","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Andor Deli","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-69","location":[["Proposal for a regulation","Recital 16"]],"meps":[124714],"meta":{"created":"2019-07-03T06:43:11"},"new":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to","enterprises in social and digital sector,","including through the development and","deployment of new instruments."],"old":["(16) In line with the exceptional market","demand for SME financing under the EFSI","which is expected to continue, the EFSI","SME Window should be enhanced.","Particular attention should be paid to social","enterprises, including through the","development and deployment of new","instruments."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"69","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Martina Michels, Martina Anderson, Younous Omarjee, Dimitrios Papadimoulis","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-70","location":[["Proposal for a regulation","Recital 17"]],"meps":[120478,113959,30482,28586],"meta":{"created":"2019-07-03T06:43:11"},"new":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of the","various EU support instruments that may","be used alone or in combination with","EFSI and provide assistance for choosing","the most appropriate instrument or","combination of instruments, so as to","enhance the visibility of the EU support","schemes."],"old":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"70","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Daniel Buda, Viorica D\u0103ncil\u0103, Iuliu Winkler","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-71","location":[[" Proposal for a regulation","Recital 17"]],"meps":[125012,95281,39725],"meta":{"created":"2019-07-03T06:43:11"},"new":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, by identifying instruments","to measure the degree of visibility of EFSI","investment, so as to enhance the visibility","of the EU guarantee granted under","Regulation (EU) 2015/1017."],"old":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"orig_lang":"ro","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"71","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Krzysztof Hetman","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-72","location":[[" Proposal for a regulation","Recital 17"]],"meps":[124895],"meta":{"created":"2019-07-03T06:43:11"},"new":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017 and to","encourage preparation of investment","projects in broad sectorial and","geographical coverage."],"old":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","","","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"72","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Viorica D\u0103ncil\u0103, Daniel Buda","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-73","location":[["Proposal for a regulation","Recital 17"]],"meps":[95281,125012],"meta":{"created":"2019-07-03T06:43:11"},"new":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including SMEs","and midcaps, have timely access to the","corresponding correct information on the","existence of EFSI support, so as to enhance","the visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"old":["(17) The EIB and the EIF should ensure","that the final beneficiaries, including","SMEs, are informed of the existence of","EFSI support, so as to enhance the","visibility of the EU guarantee granted","under Regulation (EU) 2015/1017."],"orig_lang":"ro","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"73","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-74","location":[["Proposal for a regulation","Recital 17 a (new)"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:11"},"new":["(17a) To improve the transparency of the","EFSI, the EIB must publish all","information and impact assessment","results relating to operations carried out,","indicating added value and additionality","for each funded project and its","contribution to the achievement of EFSI","targets and long-term EU strategies and","core objectives.","Similarly, the EIB must publish","analytical data for each funded project,","including EFSI lending through financial","intermediaries, giving ex-ante and ex-post","assessments of each project with a","detailed explanation of the selection and","assessment indicators and criteria used.","Finally, the publication of objective data","is necessary relating to jobs directly and","indirectly created through the EFSI,","bearing in mind also the Social Pillar","being developed by the Commission."],"old":[""],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"74","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Michela Giuffrida, Andrea Cozzolino","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-75","location":[[" Proposal for a regulation","Recital 17 a (new)"]],"meps":[124864,96880],"meta":{"created":"2019-07-03T06:43:12"},"new":["(17a) Stresses the need to launch","awareness campaigns regarding EFSI","investment projects;"],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"75","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Ivana Maleti\u0107","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-76","location":[[" Proposal for a regulation","Recital 21"]],"meps":[119436],"meta":{"created":"2019-07-03T06:43:12"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States, candidate countries and/or","potential candidate countries, and projects","that contribute to achieving the objectives","of COP21. Notwithstanding its objective to","build upon existing advisory services of the","EIB and the Commission, so to act as a","single technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"hr","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"76","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Krzysztof Hetman","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-77","location":[["Proposal for a regulation","Recital 21"]],"meps":[124895],"meta":{"created":"2019-07-03T06:43:12"},"new":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21 and the","Europe 2020 strategy, including tackling","poverty and social exclusion.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"old":["(21) The European Investment Advisory","Hub (EIAH) should be enhanced and its","activities should focus on needs not","covered adequately under current","arrangements. It should pay particular","attention to supporting the preparation of","projects involving two or more Member","States and projects that contribute to","achieving the objectives of COP21.","Notwithstanding its objective to build upon","existing advisory services of the EIB and","the Commission, so to act as a single","technical advisory hub for project","financing within the Union, the EIAH","should also contribute actively to the","objective of sectorial and geographical","diversification of the EFSI and support the","EIB where needed in originating projects.","","It should also actively contribute to the","establishment of investment platforms and","provide advice on the combination of other","sources of Union funding with the EFSI."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"77","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-78","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 introductory part"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:12"},"new":["Regulation (EU) 2015/1017, while","ceasing to be effective as of the deadlines","stipulated therein, is amended as follows:"],"old":["Regulation (EU) No 2015/1017 is amended","as follows:"],"orig_lang":"it","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"78","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-79","justification":"Necessary to maintain the situation as it stands","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 1"],[" Regulation (EU) No 2015/1017","Article 4 \u2013 paragraph 2"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:12"},"new":["deleted","(This amendment applies to the entire","legislative text; adoption thereof will","necessitate corresponding adjustments","throughout.)","Or. it","(See wording of Article 4, paragraph 2)"],"old":["(1) Article 4(2) is amended as follows:","a) in point (a), point (ii) is replaced by the","following:","'(ii) the amount, of no less than EUR 7","500 000 000 in guarantees or cash, and","the terms of the financial contribution","which is to be provided by the EIB","through the EFSI;';","'(i) in accordance with Article 11,","detailed rules on the provision of the EU","","guarantee, including its arrangements on","coverage, its defined coverage of","portfolios of specific types of instruments","and the respective events triggering","possible calls on the EU guarantee;';","",""],"peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"79","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Martina Michels, Martina Anderson, Younous Omarjee, Dimitrios Papadimoulis","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-80","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 1 \u2013 point b a (new)"],["Regulation (EU) No 2015/1017","Article 4 \u2013 paragraph 2 \u2013 point f - point v (new)"]],"meps":[120478,113959,30482,28586],"meta":{"created":"2019-07-03T06:43:12"},"new":["(ba) in point (f), the following point (v)","is added:","\u2018(v) detailed information regarding tax","payments resulting from its investment","and lending operations under the EFSI;","detailed reporting requirements regarding","accessibility and costs to SMEs;","detailed reporting requirements regarding","the impact of investments in regard to","social, economic and territorial cohesion;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"80","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Stanislav Pol\u010d\u00e1k, Lambert van Nistelrooij","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-81","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 1 a (new)"]],"meps":[124704,28165],"meta":{"created":"2019-07-03T06:43:12"},"new":["(1a) in Article 5(1) the second","subparagraph is replaced by the","following:","\u2018EIB special activities, as defined in","Article 16 of the EIB Statute and by the","credit risk policy guidelines of the EIB,","supported by the EFSI, shall also be","considered to provide additionality under","the condition that it is publicly","documented that they address market","failure or sub-optimal investment","situations and could not have been","carried out without EFSI support in the","same period by the EIB, the EIF or under","existing Union financial instruments,\u2019"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"81","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-82","justification":"Necessary to maintain the current situation as it stands","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:12"},"new":["deleted","(This amendment applies to the entire text;","adoption thereof will necessitate","corresponding adjustments throughout.)","Or. it","(See wording of Article 5, paragraph 1)"],"old":["(2) in Article 5(1) the third","subparagraph is replaced by the","following:","'To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-","sharing instruments, cross-border","characteristics, exposure to specific risks","or other identifiable aspects as further","","","described in Annex II.","EIB projects carrying a risk lower than","the minimum risk under EIB special","activities may also be supported by the","EFSI if the use of the EU guarantee is","required to ensure additionality as defined","in the first subparagraph of this","paragraph.","The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality.';","",""],"peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"82","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Stanislav Pol\u010d\u00e1k, Lambert van Nistelrooij","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-83","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1"]],"meps":[124704,28165],"meta":{"created":"2019-07-03T06:43:12"},"new":["To better address market failures or sub-","optimal investment situations as well as","forms of government failure (e.g. sub-","optimal investment situations due to","barriers caused by national","borders/regulation), EIB special activities","supported by the EFSI shall typically have","features such as subordination,","participation in risk-sharing instruments,","cross-border characteristics, exposure to","specific risks or other identifiable aspects","as further described in Annex II.","Cross-border cooperation projects and","projects of interregional cooperation, in","particular between functional regions,","shall also be considered to provide","additionality.\u2019;"],"old":["To better address market failures or sub-","optimal investment situations, EIB special","activities supported by the EFSI shall","typically have features such as","subordination, participation in risk-sharing","instruments, cross-border characteristics,","exposure to specific risks or other","","identifiable aspects as further described in","Annex II."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"83","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Lambert van Nistelrooij","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-84","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) No 2015/1017","Article 5 - paragraph 1"]],"meps":[28165],"meta":{"created":"2019-07-03T06:43:12"},"new":["EIB projects carrying a risk lower than the","minimum risk under EIB special activities","can only be supported by the EFSI if it is","proven that the use of the EU guarantee is","required to ensure additionality as defined","in the first subparagraph of this paragraph."],"old":["EIB projects carrying a risk lower than the","minimum risk under EIB special activities","may also be supported by the EFSI if the","use of the EU guarantee is required to","ensure additionality as defined in the first","subparagraph of this paragraph."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"84","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Monika Vana","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-85","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 third subparagraph"]],"meps":[124934],"meta":{"created":"2019-07-03T06:43:12"},"new":["Projects supported by the EFSI shall also","be considered to provide additionality","when generating long-term societal and","environmental benefits."],"old":[""],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"85","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Monika Vana","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-86","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) No 20015/1017","Article 5 \u2013 paragraph 1 \u2013 third subparagraph"]],"meps":[124934],"meta":{"created":"2019-07-03T06:43:12"},"new":["deleted"],"old":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality.;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"86","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Ivana Maleti\u0107","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-87","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],["Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 third subparagraph"]],"meps":[119436],"meta":{"created":"2019-07-03T06:43:12"},"new":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States, candidate","countries or potential candidate countries,","or of the extension of physical","infrastructure or services linked to physical","infrastructure from one Member State to","one or more Member States, candidate","countries or potential candidate countries,","shall also be considered to provide","additionality, particularly within the scope","of environmental policy, waste","management and utilities."],"old":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality.';",""],"orig_lang":"hr","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"87","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Lambert van Nistelrooij","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-88","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) No 2015/1017","Article 5 - paragraph 1"]],"meps":[28165],"meta":{"created":"2019-07-03T06:43:12"},"new":["The projects supported by the EFSI that","consist of physical or digital infrastructure","linking two or more Member States or of","the extension of physical or digital","infrastructure or services linked to physical","or digital infrastructure from one Member","State to one or more Member States, shall","also be considered to provide","additionality.;"],"old":["The projects supported by the EFSI that","consist of physical infrastructure linking","two or more Member States or of the","extension of physical infrastructure or","services linked to physical infrastructure","from one Member State to one or more","Member States, shall also be considered to","provide additionality.;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"88","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Monika Vana","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-89","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 2"],[" Regulation (EU) No 2015/1017","Article 5 \u2013 paragraph 1 \u2013 third subparagraph"]],"meps":[124934],"meta":{"created":"2019-07-03T06:43:12"},"new":["The projects supported by the EFSI shall","prove their additionality. The Investment","Committee shall ensure that additionality","is verified in its selection procedure."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"89","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Victor Bo\u015ftinaru","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-90","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 3"],["Regulation (EU) No 2015/1017","Article 6 - paragraph 1 - introductory words"]],"meps":[39711],"meta":{"created":"2019-07-03T06:43:12"},"new":["The EFSI Agreement shall provide that the","EFSI is to support geographically","balanced projects which address market","failures or sub-optimal investment","situations and which:;"],"old":["The EFSI Agreement shall provide that the","EFSI is to support projects which address","market failures or sub-optimal investment","situations and which:;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"90","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Lambert van Nistelrooij","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-91","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 3"],["Regulation (EU) No 2015/1017","Article 6 - paragraph 1"]],"meps":[28165],"meta":{"created":"2019-07-03T06:43:12"},"new":["The EFSI Agreement shall provide that the","EFSI is to support projects which are","additional and address market failures or","sub-optimal investment situations and","which:;"],"old":["The EFSI Agreement shall provide that the","EFSI is to support projects which address","market failures or sub-optimal investment","situations and which:;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"91","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Krzysztof Hetman","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-92","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point a \u2013 introductory part"]],"meps":[124895],"meta":{"created":"2019-07-03T06:43:13"},"new":["(a) Paragraph 8 is amended as follows:","(-i) In third paragraph second sentence is","replaced by the following:","The Steering Board shall strive to select","experts altogether having mix of","experience in investment in all of the","following fields:"],"old":["(a) Paragraph 8 is amended as follows:"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"92","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Martina Michels, Martina Anderson, Younous Omarjee, Dimitrios Papadimoulis","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-93","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d"],[" Regulation (EU) No 2015/1017","Article 7 - paragraph 10 - subparagraph 2"]],"meps":[120478,113959,30482,28586],"meta":{"created":"2019-07-03T06:43:13"},"new":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion and the","relevance of the project with regard to","public interest. The publication is to be","made directly after the approval of the","operation by the EIB Board of Directors.","Exceptions with regard to commercially","sensitive information may not prevent the","disclosure of the overall amount of EFSI","financing or of the total investment","related to EFSI. In reaching its decision,","the Investment Committee shall be","supported by the documentation provided","by the EIB.;"],"old":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. The publication","shall not contain commercially sensitive","information. In reaching its decision, the","Investment Committee shall be supported","by the documentation provided by the","EIB.;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"93","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Krzysztof Hetman","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-94","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d"],["Regulation (EU) No 2015/1017","Article 7 - paragraph 12"]],"meps":[124895],"meta":{"created":"2019-07-03T06:43:13"},"new":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the Union policies, including the objective","of smart, sustainable and inclusive","growth, quality job creation and","economic, social and territorial cohesion","and with the additionality criterion. The","publication shall not contain commercially","sensitive information. In reaching its","decision, the Investment Committee shall","be supported by the documentation","provided by the EIB.;"],"old":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. The publication","shall not contain commercially sensitive","information. In reaching its decision, the","Investment Committee shall be supported","by the documentation provided by the","EIB.;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"94","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-95","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d"],["Regulation (EU) No 2015/1017","Article 7 - paragraph 8 - point d"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:13"},"new":["'Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion.","(This amendment applies to the entire text;","adoption thereof will necessitate","corresponding adjustments throughout.)","Or. it","(See wording of Article 7, paragraph 8, point d))"],"old":["'Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. The publication","shall not contain commercially sensitive","information. In reaching its decision, the","Investment Committee shall be supported","by the documentation provided by the","EIB.","","",""],"peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"95","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Stanislav Pol\u010d\u00e1k, Lambert van Nistelrooij","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-96","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d"],[" Regulation (EU) No 2015/1017","Article 10 \u2013 paragraph 12"]],"meps":[124704,28165],"meta":{"created":"2019-07-03T06:43:13"},"new":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. The scoreboard","of indicators, used to assess operations,","shall be made public as soon as an","operation under the EU guarantee is","signed, with the exception of","commercially sensitive information. In","reaching its decision, the Investment","Committee shall be supported by the","documentation provided by the EIB.;"],"old":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. The publication","shall not contain commercially sensitive","information. In reaching its decision, the","Investment Committee shall be supported","by the documentation provided by the","EIB.;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"96","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Victor Bo\u015ftinaru","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-97","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 4 \u2013 point d"],[" Regulation (EU) No 2015/1017","Paragraph 12 - subparagraph 2 - subparagraph 2"]],"meps":[39711],"meta":{"created":"2019-07-03T06:43:13"},"new":["Decisions approving the use of the EU","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality and geographical balance","criteria. The publication shall not contain","commercially sensitive information. In","reaching its decision, the Investment","Committee shall be supported by the","documentation provided by the EIB.;"],"old":["Decisions approving the use of the EU","","guarantee shall be public and accessible,","and include the rationale for the decision,","with particular focus on compliance with","the additionality criterion. The publication","shall not contain commercially sensitive","information. In reaching its decision, the","Investment Committee shall be supported","by the documentation provided by the","EIB.;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"97","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Monika Vana","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-98","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point a"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2"]],"meps":[124934],"meta":{"created":"2019-07-03T06:43:13"},"new":["deleted"],"old":["(i) for less-developed regions and","transition regions as listed respectively in","Annex I and Annex II of Commission","Implementing Decision 2014/99/EU5 ,","other industry and services eligible for","EIB support.;","_________________","5 Commission Implementing Decision No","2014/99/EU of 18 February 2014 setting","out the list of regions eligible for funding","from the European Regional","Development Fund and the European","Social Fund and of Member States","eligible for funding from the Cohesion","Fund for the period 2014-2020, OJ L 50,","20.2.2014, p. 22."],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"98","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Monika Vana","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-99","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point a a (new)"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2 \u2013 point f"]],"meps":[124934],"meta":{"created":"2019-07-03T06:43:13"},"new":["(aa) in paragraph 2, point (f) is","replaced by the following:","\u2018(f) climate change mitigation and","adaptation, environment and resource","efficiency, in particular through:\u2019"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"99","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Monika Vana","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-100","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point b"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 2"]],"meps":[124934],"meta":{"created":"2019-07-03T06:43:13"},"new":["The EIB shall target that at least 50 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end.;"],"old":["The EIB shall target that at least 40 % of","EFSI financing under the infrastructure and","innovation window supports projects with","components that contribute to climate","action, in line with the COP21","commitments. The Steering Board shall","provide detailed guidance to that end.;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"100","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-101","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point c"],[" Regulation (EU) No 2015/1017","Article 9 - paragraph 3"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:13"},"new":["deleted","(This amendment applies to the entire text;","adoption thereof will necessitate","corresponding adjustments throughout.)","Or. it","(See wording of Article 9, paragraph 3)"],"old":["(c) paragraph 3 is replaced by the","following:","3. '3. The investment period during which","the EU guarantee may be granted for","supporting financing and investment","operations covered by this Regulation","shall last until:","a) 31 December 2020, for EIB operations","for which a contract between the EIB and","the beneficiary or financial intermediary","has been signed by 31 December 2022;","b) 31 December 2020, for EIF operations","for which a contract between the EIF and","the financial intermediary has been","signed by 31 December 2022.';","",""],"peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"101","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Victor Bo\u015ftinaru","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-102","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point c"],["Regulation (EU) No 2015/1017","Article 9 - paragraph 3"]],"meps":[39711],"meta":{"created":"2019-07-03T06:43:13"},"new":["deleted"],"old":["(c) paragraph 3 is replaced by the","following:","\u20183. The investment period during which","the EU guarantee may be granted for","supporting financing and investment","operations covered by this Regulation","shall last until:","(a) 31 December 2020, for EIB operations","for which a contract between the EIB and","the beneficiary or financial intermediary","","has been signed by 31 December 2022;","(b) 31 December 2020, for EIF operations","for which a contract between the EIF and","the financial intermediary has been","signed by 31 December 2022.;\u2019"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"102","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Monika Vana","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-103","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point c"],[" Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 3"]],"meps":[124934],"meta":{"created":"2019-07-03T06:43:13"},"new":["deleted"],"old":["(c) paragraph 3 is replaced by the","following:","\u20183. The investment period during which","the EU guarantee may be granted for","supporting financing and investment","operations covered by this Regulation","shall last until:","(a) 31 December 2020, for EIB operations","for which a contract between the EIB and","the beneficiary or financial intermediary","has been signed by 31 December 2022;","(b) 31 December 2020, for EIF operations","for which a contract between the EIF and","the financial intermediary has been","signed by 31 December 2022.;\u2019"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"103","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-104","justification":"Necessary in order to avoid new extensions of the EFSI","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point d Regulation (EU) No 2015/1017"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:14"},"new":["deleted","(This amendment applies to the entire text;","adoption thereof will necessitate","corresponding adjustments throughout.)","Or. it","(See wording of Article 9, paragraph 4)"],"old":["(d) paragraph 4 is deleted.;","",""],"peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"104","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Monika Vana","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-105","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point d"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 4"]],"meps":[124934],"meta":{"created":"2019-07-03T06:43:14"},"new":["deleted"],"old":["(d) paragraph 4 is deleted.;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"105","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Monika Vana","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-106","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 5 \u2013 point d a (new)"],["Regulation (EU) No 2015/1017","Article 9 \u2013 paragraph 7 \u2013 subparagraph 1"]],"meps":[124934],"meta":{"created":"2019-07-03T06:43:14"},"new":["(da) in paragraph 7, the following","subparagraph is added:","\u2018When EFSI is combined with European","Structural and Investment Funds, the","highest risk-taking tranche shall be","covered by EFSI.\u2019"],"old":[""],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"106","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-107","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 6"],[" Regulation (EU) No 2015/1017","Article 10 - paragraph 2 - point a"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:14"},"new":["(a) EIB loans, guarantees, counter-","guarantees;","(This amendment applies to the entire text;","adoption thereof will necessitate","corresponding adjustments throughout.)","Or. it","(See wording of article 10, paragraph 2, letter a))"],"old":["a) EIB loans, guarantees, counter-","guarantees, capital market instruments,","any other form of funding or credit","enhancement instrument, including","subordinated debt, equity or quasi-equity","participations, including in favour of","national promotional banks or","institutions, investment platforms or","funds;;","",""],"peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"107","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-108","justification":" Necessary in order to maintain the current situation as it stands","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 7"],[" Regulation (EU) No 2015/1017","Article 11"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:14"},"new":["deleted","(This amendment applies to the entire text;","adoption thereof will necessitate","corresponding adjustments throughout.)","Or. it","(See wording of Article 11)"],"old":["(7) Article 11 is amended as follows:","","","(a) paragraph 1 is replaced by the","following:","1. The EU guarantee shall not, at any","time, exceed EUR 26 000 000 000, of","which a part may be allocated for EIB","funding or guarantees to the EIF in","accordance with paragraph 3. Aggregate","net payments from the general budget of","the Union under the EU guarantee shall","not exceed EUR 26 000 000 000 and not","exceed EUR 16 000 000 000 prior to 6","July 2018.';","3. Where the EIB provides funding or","guarantees to the EIF in order to conduct","EIB financing and investment operations,","the EU guarantee shall provide for a full","guarantee on such funding or guarantees","provided that an amount of at least EUR 4","000 000 000 of funding or guarantees is","provided by the EIB without coverage by","the EU guarantee, up to an initial limit of","EUR 6 500 000 000. Without prejudice to","paragraph 1, that limit may where","appropriate be adjusted by the Steering","Board.","\u2018a) for debt instruments referred to in","Article 10(2)(a), the principal and all","interest and amounts due to the EIB but","not received by it in accordance with the","terms of the financing operations until the","event of default; losses arising from","fluctuations of currencies other than the","euro in markets where possibilities for","long-term hedging are limited; for","subordinated debt a deferral, reduction or","required exit shall be considered to be an","event of default;","b) for equity or quasi-equity investments","referred to in Article 10(2)(a), the","amounts invested and their associated","funding cost and losses arising from","fluctuations of currencies other than the","euro;';","","","",""],"peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"108","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Victor Bo\u015ftinaru","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-109","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 7"],[" Regulation (EU) No 2015/1017","Article 11"]],"meps":[39711],"meta":{"created":"2019-07-03T06:43:14"},"new":["deleted"],"old":["(7) Article 11 is amended as follows:","(a) paragraph 1 is replaced by the","following:","\u20181. The EU guarantee shall not, at any","time, exceed EUR 26 000 000 000, of","which a part may be allocated for EIB","funding or guarantees to the EIF in","accordance with paragraph 3. Aggregate","net payments from the general budget of","the Union under the EU guarantee shall","not exceed EUR 26 000 000 000 and not","exceed EUR 16 000 000 000 prior to 6","July 2018.;\u2019","\u20183. Where the EIB provides funding or","guarantees to the EIF in order to conduct","EIB financing and investment operations,","the EU guarantee shall provide for a full","guarantee on such funding or guarantees","provided that an amount of at least EUR 4","000 000 000 of funding or guarantees is","provided by the EIB without coverage by","the EU guarantee, up to an initial limit of","EUR 6 500 000 000. Without prejudice to","paragraph 1, that limit may where","appropriate be adjusted by the Steering","","Board.\u2019","\u2018(a) for debt instruments referred to in","Article 10(2)(a), the principal and all","interest and amounts due to the EIB but","not received by it in accordance with the","terms of the financing operations until the","event of default; losses arising from","fluctuations of currencies other than the","euro in markets where possibilities for","long-term hedging are limited; for","subordinated debt a deferral, reduction or","required exit shall be considered to be an","event of default;","(b) for equity or quasi-equity investments","referred to in Article 10(2)(a), the","amounts invested and their associated","funding cost and losses arising from","fluctuations of currencies other than the","euro;\u2019"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"109","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-110","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 8"],["Regulation (EU) No 2015/1017","Article 12"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:14"},"new":["deleted","(This amendment applies to the entire text;","adoption thereof will necessitate","corresponding adjustments throughout.)","Or. it","(See wording of Article 12)"],"old":["(8) Article 12 is amended as follows:","(a) paragraph 5 is replaced by the","following:","5. Endowments to the guarantee fund","referred to under paragraph 2 shall be","used to reach an appropriate level (target","amount) to reflect the total EU guarantee","obligations. The target amount shall be","set at 35 % of the total EU guarantee","obligations.';","7. From 1 July 2018, if as a result of calls","on the EU guarantee, the level of the","","guarantee fund falls below 50 % of the","target amount, or it may fall below that","level within a year according to a risk","assessment by the Commission, the","Commission shall submit a report on","exceptional measures that may be","required.';","\u20188. 'After a call on the EU guarantee,","endowments to the guarantee fund","provided for in points (b) and (d) of","paragraph 2 above the target amount","shall be used within the limits of the","investment period provided for in Article 9","to restore the EU guarantee up to its full","amount.","9. Endowments to the guarantee fund","provided for in point (c) of paragraph (2)","shall be used to restore the EU guarantee","up to its full amount.","10. In the event that the EU guarantee is","fully restored up to an amount of EUR 26","000 000 000, any amount in the guarantee","fund in excess of the target amount shall","be paid to the general budget of the Union","as internal assigned revenue in","accordance with Article 21(4) of","Regulation (EU, Euratom) No 966/2012","for any budget lines which may have been","used as a source of redeployment to the","guarantee fund.';","",""],"peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"110","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Victor Bo\u015ftinaru","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-111","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 8 \u2013 point c"],[" Regulation (EU) No 2015/1017","Article 12 - paragraphs 8, 9 and 10"]],"meps":[39711],"meta":{"created":"2019-07-03T06:43:14"},"new":["deleted"],"old":["(c) paragraphs 8, 9 and 10 are","replaced by the following:","\u20188. After a call on the EU guarantee,","endowments to the guarantee fund","provided for in points (b) and (d) of","paragraph 2 above the target amount","shall be used within the limits of the","investment period provided for in Article 9","to restore the EU guarantee up to its full","amount.","9. Endowments to the guarantee fund","provided for in point (c) of paragraph (2)","shall be used to restore the EU guarantee","up to its full amount.","10. In the event that the EU guarantee is","fully restored up to an amount of EUR 26","000 000 000, any amount in the guarantee","fund in excess of the target amount shall","be paid to the general budget of the Union","as internal assigned revenue in","accordance with Article 21(4) of","Regulation (EU, Euratom) No 966/2012","for any budget lines which may have been","used as a source of redeployment to the","guarantee fund.;\u2019"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"111","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Daniel Buda, Viorica D\u0103ncil\u0103, Iuliu Winkler","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-112","justification":" Diversifying financing instruments and adapting them to the new economic guidelines\n represents added value for SMEs. Convergence and transition regions offer a significant\n investment potential for the EFSI.","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point i"],["Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 1 \u2013 first part"]],"meps":[125012,95281,39725],"meta":{"created":"2019-07-03T06:43:14"},"new":["Such support shall include providing","targeted support on the use of technical","assistance for project structuring, on the","use of innovative financial instruments,","taking account of current economic","trends, and on the use of public-private","partnerships, taking into account the","specificities, needs and investment","potential of Member States with less-","developed financial markets.;","(This amendment applies throughout the","text. Adopting it will necessitate","corresponding changes throughout.)","Or. ro","(Article 14 \u2013 paragraph 1 \u2013 first part)"],"old":["Such support shall include providing","targeted support on the use of technical","assistance for project structuring, on the","use of innovative financial instruments and","","on the use of public-private partnerships,","taking into account the specificities and","needs of Member States with less-","developed financial markets.;","",""],"peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"112","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Ivana Maleti\u0107","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-113","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point i"],[" Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 1 \u2013 first subparagraph"]],"meps":[119436],"meta":{"created":"2019-07-03T06:43:14"},"new":["Such support shall include providing","targeted support on the use of technical","assistance for project structuring, on the","use of innovative financial instruments and","on the use of public-private partnerships,","taking into account the specificities and","needs of Member States, candidate","countries or potential candidate countries,","with less-developed financial markets."],"old":["Such support shall include providing","targeted support on the use of technical","assistance for project structuring, on the","use of innovative financial instruments and","on the use of public-private partnerships,","taking into account the specificities and","needs of Member States with less-","developed financial markets.;"],"orig_lang":"hr","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"113","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-114","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point a \u2013 point i"],["Regulation (EU) No 2015/1017","Article 14 - paragraph 1 - first part"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:14"},"new":["'Such support shall include providing","targeted support on the use of technical","assistance for project structuring, on the","use of innovative financial instruments and","on the use of public-private partnerships","that guarantee public ownership taking","into account the specificities and needs of","Member States with less-developed","financial markets.';","(This amendment applies to the entire text;","adoption thereof will necessitate","corresponding adjustments throughout.)","Or. it","(See wording of Article 14, paragraph 1, first part)"],"old":["'Such support shall include providing","targeted support on the use of technical","assistance for project structuring, on the","use of innovative financial instruments and","on the use of public-private partnerships,","taking into account the specificities and","needs of Member States with less-","developed financial markets.';","",""],"peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"114","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Viorica D\u0103ncil\u0103, Daniel Buda","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-115","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point i \u2013 introductory part"]],"meps":[95281,125012],"meta":{"created":"2019-07-03T06:43:14"},"new":["(i) point (c) is replaced by the","following:","leveraging local knowledge accompanied","by corresponding information at local,","regional and cross-border level for","potential beneficiaries in order to","facilitate EFSI support across the Union","and contributing where possible to the","objective of sectorial and geographical","diversification of the EFSI referred to in","Section 8 of Annex II by supporting the","EIB to originate operations;"],"old":["(i) point (c) is replaced by the","following:"],"orig_lang":"ro","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"115","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-116","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point i"],[" Regulation (EU) No 2015/1017","Article 14 - paragraph 2 - point c"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:14"},"new":["c) leveraging local knowledge to","facilitate EFSI support across the Union","and contributing where possible to the","objectives of economic and social","cohesion, sectorial and geographical","diversification of the EFSI referred to in","Section 8 of Annex II by supporting the","EIB to originate operations;';","Or. it","(See wording \u00a7Article 14, paragraph 2, point c))"],"old":["c) '(c) leveraging local knowledge to","facilitate EFSI support across the Union","and contributing where possible to the","objective of sectorial and geographical","diversification of the EFSI referred to in","Section 8 of Annex II by supporting the","EIB to originate operations;';","",""],"peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"116","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Krzysztof Hetman","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-117","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point i"],[" Regulation (EU) No 2015/1017","Article 14 - paragraph 2 - point c"]],"meps":[124895],"meta":{"created":"2019-07-03T06:43:14"},"new":["(c) leveraging local knowledge and","supporting capacity building to facilitate","EFSI support across the Union and","contributing where possible to the","objective of sectorial and geographical","diversification of the EFSI referred to in","Section 8 of Annex II by supporting the","EIB to originate operations;;"],"old":["(c) leveraging local knowledge to","facilitate EFSI support across the Union","and contributing where possible to the","objective of sectorial and geographical","diversification of the EFSI referred to in","Section 8 of Annex II by supporting the","EIB to originate operations;;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"117","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Stanislav Pol\u010d\u00e1k, Lambert van Nistelrooij, Tam\u00e1s Deutsch","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-118","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point i"],["Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 2 - point c"]],"meps":[124704,28165,96826],"meta":{"created":"2019-07-03T06:43:15"},"new":["(c) leveraging regional and local","knowledge to facilitate EFSI support across","the Union and contributing where possible","to the objective of sectorial and","geographical diversification of the EFSI","referred to in Section 8 of Annex II by","supporting the EIB to originate operations;;"],"old":["(c) leveraging local knowledge to","facilitate EFSI support across the Union","and contributing where possible to the","objective of sectorial and geographical","diversification of the EFSI referred to in","Section 8 of Annex II by supporting the","EIB to originate operations;;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"118","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Victor Bo\u015ftinaru","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-119","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point i"],["Regulation (EU) No 2015/1017","Article 14 - paragraph 2 - point c"]],"meps":[39711],"meta":{"created":"2019-07-03T06:43:15"},"new":["(c) leveraging local knowledge to","facilitate EFSI support across the Union","and contributing to the objective of","sectorial and geographical diversification","of the EFSI referred to in Section 8 of","Annex II by supporting the EIB to","originate operations;;"],"old":["(c) leveraging local knowledge to","facilitate EFSI support across the Union","and contributing where possible to the","objective of sectorial and geographical","diversification of the EFSI referred to in","Section 8 of Annex II by supporting the","EIB to originate operations;;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"119","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Viorica D\u0103ncil\u0103, Daniel Buda","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-120","meps":[95281,125012],"meta":{"created":"2019-07-03T06:43:15"},"new":["(ii) providing proactive support on the","setting-up of investment platforms,","including at cross-border level, with the","aim of improving access for projects","involving different Member States, in the","case of smaller-scale projects that","contribute to achieving the COP21 goals,","with a view to attracting investors;"],"old":["(ii) point (e) is replaced by the","following:"],"orig_lang":"ro","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"120","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Stanislav Pol\u010d\u00e1k, Lambert van Nistelrooij","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-121","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point iii"],[" Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 2 - point f"]],"meps":[124704,28165],"meta":{"created":"2019-07-03T06:43:15"},"new":["(f) providing advice on the","combination of other sources of Union","funding (such as the European Structural","and Investment Funds, Horizon 2020 and","the Connecting Europe Facility) with the","EFSI in order to allow for maximum","integration of and synergies between","investments with a view to single","programming of cohesion policy","intervention.;"],"old":["(f) providing advice on the","combination of other sources of Union","funding (such as the European Structural","and Investment Funds, Horizon 2020 and","the Connecting Europe Facility) with the","EFSI.;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"121","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Monika Vana","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-122","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point iii"],[" Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 2 \u2013 point f"]],"meps":[124934],"meta":{"created":"2019-07-03T06:43:15"},"new":["(f) providing advice on the","combination of other sources of Union","funding with the EFSI.;"],"old":["(f) providing advice on the","combination of other sources of Union","funding (such as the European Structural","and Investment Funds, Horizon 2020 and","the Connecting Europe Facility) with the","EFSI.;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"122","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Ivana Maleti\u0107","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-123","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point b \u2013 point iii a (new)"]],"meps":[119436],"meta":{"created":"2019-07-03T06:43:15"},"new":["(iiia) (g) providing special assistance in","the identification, preparation,","development and funding of projects in","candidate and potential candidate","countries;"],"orig_lang":"hr","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"123","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Stanislav Pol\u010d\u00e1k, Lambert van Nistelrooij, Tam\u00e1s Deutsch","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-124","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 \u2013 point c"],["Regulation (EU) No 2015/1017","Article 14 \u2013 paragraph 5"]],"meps":[124704,28165,96826],"meta":{"created":"2019-07-03T06:43:15"},"new":["5. In order to achieve the objective","referred to in paragraph 1 and to facilitate","the provision of advisory support at","regional and local level, the EIAH shall","seek to use the expertise of the EIB, the","Commission, national promotional banks","or institutions, and the managing","authorities of the European Structural and","Investment Funds.;"],"old":["5. In order to achieve the objective","referred to in paragraph 1 and to facilitate","the provision of advisory support at local","level, the EIAH shall seek to use the","expertise of the EIB, the Commission,","national promotional banks or institutions,","and the managing authorities of the","European Structural and Investment","Funds.;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"124","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Rosa D'Amato","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-125","justification":" Necessary in order to change some details of the existing Regulation","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 a (new)"],[" Regulation (EU) No 2015/1017","Article 16 \u2013 paragraph 2"]],"meps":[124835],"meta":{"created":"2019-07-03T06:43:15"},"new":["(9a) Article 16(2) is amended as","follows:","2. The EIB, in cooperation with the EIF","where appropriate, shall submit an","annual report to the European Parliament","and to the Council on EIB financing and","investment operations covered by this","Regulation. The report shall be made","public and shall include:","(a) an assessment of EIB funding and","investment operations by transaction,","sector, country and region, examining","their compliance with this Regulation, in","particular the additionality criterion, as","well as their distribution between the","general objectives set out in Article 9(2);","(b) an overall assessment of the added","value, the mobilisation of private sector","resources, estimated and actual results","and outcomes and the impact of EIB","funding and investment operations,","including their direct and indirect impact","on job creation;","(c) an assessment of the extent to which","operations covered by this Regulation","contribute to the achievement of the","general objectives set out in Article 9(2)","including an assessment of the level of","EFSI investments in the areas of","research, development and innovation","and transport (including TEN-T and","urban mobility), telecommunications,","energy infrastructure and energy","efficiency;","(d) an assessment of compliance with","conditions for use of the EU guarantee","and with the key performance indicators","referred to in Article 4(2)(f)(iv);","(e) an assessment of the leverage effect","achieved by EFSI-supported projects;","(f) a description of the projects where the","support of the European Structural and","Investment Funds is combined with the","support of the EFSI, and the total amount","of the contributions from each source;","(g) the amount transferred to financial","intermediaries and final beneficiaries,","analytical statistical data for each funded","project, including EFSI loan transactions","through financial intermediaries and an","overall assessment of EIB funding and","investment operations;","(gc) independent ex ante and ex post","assessments for each project, with a","detailed explanation of the indicators and","criteria used for selection and evaluation;","(h) an assessment of the added value of","EIB financing and investment operations,","and of the aggregate risk involved;","(i) detailed information regarding calls on","the EU guarantee, losses, returns,","amounts recovered and any other","payments received;","(j) the financial reports concerning EIB","financing and investment operations","covered by this Regulation audited by an","independent external auditor.","(This amendment applies to the entire text;","adoption thereof will necessitate","corresponding adjustments throughout.)","Or. it","(See wording of Article 16, paragraph 2)"],"old":["","","","",""],"peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"125","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Stanislav Pol\u010d\u00e1k, Lambert van Nistelrooij","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-126","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 a (new)"]],"meps":[124704,28165],"meta":{"created":"2019-07-03T06:43:15"},"new":["(9a) in Article 16, paragraph 2 is","replaced by the following:","\u20182. The EIB, in cooperation with the EIF","where appropriate, shall submit an","annual report to the European","Parliament, the Council and the","Committee of the Regions on EIB","financing and investment operations","covered by this Regulation. The report","shall be made public and shall include:\u2019"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"126","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":" Monika Vana","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-127","location":[[" Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 a (new)"],[" Regulation (EU) No 2015/1017","Article 16 \u2013 paragraph 2 \u2013 point f"]],"meps":[124934],"meta":{"created":"2019-07-03T06:43:15"},"new":["(9a) In Article 16(2), point (f) is","replaced by the following:","\u2018a description of the projects where the","support of the European Structural and","Investment Funds is combined with the","support of the EFSI, the total amount of","the contributions from each source as","well as the risk profile of each one;"],"orig_lang":"en","peid":"PE597.735v01-00","reference":"2016/0276(COD)","seq":"127","src":"http://www.europarl.europa.eu/doceo/document/REGI-AM-597735_EN.pdf"},{"authors":"Stanislav Pol\u010d\u00e1k, Lambert van Nistelrooij","changes":{},"committee":["REGI"],"date":"2017-01-31T00:00:00","id":"PE597.735-128","location":[["Proposal for a regulation","Article 1 \u2013 paragraph 1 \u2013 point 9 b (new)"]],"meps":[124704,28165],"meta":{"created":"2019-07-03T06:43:15"},"new":["(9b) in Article 16 the following","paragraph is added:","\u20187. The EIB shall develop, for reporting","purposes, a set of result indicators for","each operation, in order to provide a","reliable basis for analysing the added","value of EU financing. 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Ordinary legislative procedure (ex-codecision procedure)"},"path":["procedure"],"type":"added"}],"2016-10-01T01:02:54":[{"data":{"Commissioner":"MOSCOVICI Pierre","DG":{"title":"Economic and Financial Affairs","url":"http://ec.europa.eu/dgs/economy_finance/index_en.htm"}},"path":["activities",0,"commission",0],"type":"added"},{"data":{"body":"EC","commissioner":"MOSCOVICI Pierre","dg":{"title":"Economic and Financial Affairs","url":"http://ec.europa.eu/dgs/economy_finance/index_en.htm"}},"path":["other",0],"type":"added"}],"2016-10-02T01:00:17":[{"data":{"body":"EP","committee":"EMPL","committee_full":"Employment and Social Affairs","responsible":false},"path":["committees",3],"type":"added"}],"2016-10-06T01:44:16":[{"data":{"body":"EP","committees":[{"body":"EP","committee":"AGRI","committee_full":"Agriculture and Rural Development","responsible":false},{"body":"EP","committee":"BUDG","committee_full":"Budgets","responsible":false},{"body":"EP","committee":"ECON","committee_full":"Economic and Monetary Affairs","responsible":true},{"body":"EP","committee":"EMPL","committee_full":"Employment and Social Affairs","responsible":false},{"body":"EP","committee":"ENVI","committee_full":"Environment, Public Health and Food Safety","responsible":false},{"body":"EP","committee":"ITRE","committee_full":"Industry, Research and Energy","responsible":false},{"body":"EP","committee":"REGI","committee_full":"Regional Development","responsible":false},{"body":"EP","committee":"TRAN","committee_full":"Transport and Tourism","responsible":false}],"date":"2016-10-03T00:00:00","type":"Committee referral announced in Parliament, 1st reading/single reading"},"path":["activities",1],"type":"added"},{"data":"ECON/8/07818","path":["procedure","dossier_of_the_committee"],"type":"added"},{"data":["Preparatory phase in Parliament","Awaiting committee decision"],"path":["procedure","stage_reached"],"type":"changed"}],"2016-11-22T00:15:59":[{"data":"2016-09-19T00:00:00","path":["activities",1,"committees",1,"date"],"type":"added"},{"data":[{"group":"EPP","mepref":"4f1ac7f1b819f25efd0000ba","name":"FERNANDES Jos\u00e9 Manuel"}],"path":["activities",1,"committees",1,"rapporteur"],"type":"added"},{"data":"2016-10-11T00:00:00","path":["activities",1,"committees",6,"date"],"type":"added"},{"data":[{"group":"S&D","mepref":"51ec5820b819f25752000087","name":"BRESSO Mercedes"}],"path":["activities",1,"committees",6,"rapporteur"],"type":"added"},{"data":"2016-10-25T00:00:00","path":["activities",1,"committees",7,"date"],"type":"added"},{"data":[{"group":"S&D","mepref":"4f1ac616b819f25efd00001b","name":"AYALA SENDER In\u00e9s"}],"path":["activities",1,"committees",7,"rapporteur"],"type":"added"},{"data":["
PURPOSE: to extend the duration of the European Fund\nfor Strategic Investments and introduce technical enhancements for\nthat Fund and the European Investment Advisory Hub\n(EIAH).
\nPROPOSED ACT: Regulation of the European Parliament\nand of the Council.
\nROLE OF THE EUROPEAN PARLIAMENT: the European\nParliament decides in accordance with the ordinary legislative\nprocedure and on an equal footing with Council.
\nBACKGROUND: since the Investment\nPlan for Europe was presented in November 2014, the\nconditions for an uptake in investment have improved and\nconfidence in Europes economy and growth are returning. The\nUnion is now in its fourth year of moderate recovery, with GDP\ngrowing at 2% in 2015.
\nThe EFSI implemented and co-sponsored by the\nEuropean Investment Bank (EIB) Group - was established for an\ninitial period of three years and with the aim of mobilising at\nleast EUR 315 billion in additional investments in the real\neconomy by mid-2018. Given its success, the Commission is committed\nto the doubling of the EFSI, both in terms of duration and\nfinancial capacity.
\nThe Commission feels that the positive momentum\ngenerated by the Investment Plan should be maintained. The\nmechanisms of the Investment Plan work and should be reinforced to\ncontinue the mobilisation of private investments in sectors\nimportant to Europe's future and where market failures or\nsub-optimal investment situations remain.
\nThe proposal takes place in the context of the\nCommission communication of 1 June 2016 entitled Europe\ninvesting again taking stock of the Investment Plan for\nEurope and next steps, which outlines the achievements so\nfar and the next steps envisaged, including the extension of the\nduration of the EFSI beyond its initial three-year period, the\nscaling-up of the SME window within the existing framework and the\nenhancement of the EIAH.
\nCONTENT: the proposal to amend Regulation\n(EU) 2015/1017 establishes the legislative framework needed\nto extend the duration of the EFSI until the end of the current\nMultiannual Financial Framework, and sets out technical\namendments to the EIAH. It includes the following\npoints:
\n1) Financing:
\n\n- \nthe extension of the duration of the EFSI until\nthe end of the current Multiannual Financial Framework, i.e. until\n31 December 2020, with a view to reaching a target for the full\ninvestment period of at least EUR 500 billion of private and\npublic investment;
\n\n- \nthe increase of the EU guarantee to EUR 26\nbillion, of which a maximum of EUR 16\nbillion are available for guarantee calls prior to 6 July\n2018;
\n\n- \nan adjustment of the target rate of the EU\nguarantee fund to 35 % of total EU guarantee\nobligation;
\n\n- \nthe increase of the EIB contribution from EUR 5\nbillion to EUR 7.5 billion for the full investment\nperiod;
\n\n- \na further contribution from the general\nbudget of the Union to the EU guarantee fund for the investments to\nbe made during the full investment period through a transfer of EUR\n500 million of the available envelope of the Connecting Europe\nFacility for financial instruments and EUR 150 million from the\nunallocated margin;
\n\n- \nan estimated EUR 450 million of net\npositive income from costs charged to beneficiaries and the\ninvestment of the guarantee fund's resources will be used to build\nup the guarantee fund.
\n2) Governance and project selection:
\n-enhanced additionality: the proposal includes provisions whereby operations\nunder the EFSI have to address clearly identified market failures\nor sub-optimal investment situations as part of the eligibility\ncriteria. Projects under the Infrastructure and Innovation\nwindow linking two or more Member States must satisfy the\nadditionality requirement;
\n-support for investments generating\ngrowth : the proposal\ninvolves:
\nIn addition, the proposal provides that EFSI support\nto motorways should be avoided, unless it is needed to support\nprivate investment in transport in cohesion countries or in\ncross-border transport projects involving at least one cohesion\ncountry.
\n3) Transparency: the\nproposal provides for:
\nThe proposal also includes provisions strengthening\ncompliance with Union principles on good governance relating to\ntaxation, and the coverage of losses due to exchange rate\nfluctuations in certain situations.
\n4) European Investment Advisory Hub: the\nproposal provides for:
\nBUDGETARY IMPLICATIONS: the EU guarantee provided\nfor the EFSI will be increased from EUR 16 billion to EUR 26\nbillion. Out of the EUR 26 billion, a maximum of EUR 16 billion\nwill be available for guarantee calls prior to 6 July 2018. To\nprovide a guarantee of EUR 26 billion over the full investment\nperiod, the guarantee fund should be increased by EUR 1.1 billion,\nthus reaching EUR 9.1 billion in total.
\nThe reallocation from the Connecting Europe Facility\nrequires an amendment of Article 5 of Regulation\n(EU) 1316/2013. The financial envelopes for the transport\nsector and the energy sector laid down in Article 5 should be\nreduced by respectively EUR 155 million and EUR 345\nmillion.
\nPURPOSE: to extend the duration of the European Fund\nfor Strategic Investments and introduce technical enhancements for\nthat Fund and the European Investment Advisory Hub\n(EIAH).
\nPROPOSED ACT: Regulation of the European Parliament\nand of the Council.
\nROLE OF THE EUROPEAN PARLIAMENT: the European\nParliament decides in accordance with the ordinary legislative\nprocedure and on an equal footing with Council.
\nBACKGROUND: since the Investment\nPlan for Europe was presented in November 2014, the\nconditions for an uptake in investment have improved and\nconfidence in Europes economy and growth are returning. The\nUnion is now in its fourth year of moderate recovery, with GDP\ngrowing at 2% in 2015.
\nThe EFSI implemented and co-sponsored by the\nEuropean Investment Bank (EIB) Group - was established for an\ninitial period of three years and with the aim of mobilising at\nleast EUR 315 billion in additional investments in the real\neconomy by mid-2018. Given its success, the Commission is committed\nto the doubling of the EFSI, both in terms of duration and\nfinancial capacity.
\nThe Commission feels that the positive momentum\ngenerated by the Investment Plan should be maintained. The\nmechanisms of the Investment Plan work and should be reinforced to\ncontinue the mobilisation of private investments in sectors\nimportant to Europe's future and where market failures or\nsub-optimal investment situations remain.
\nThe proposal takes place in the context of the\nCommission communication of 1 June 2016 entitled Europe\ninvesting again taking stock of the Investment Plan for\nEurope and next steps, which outlines the achievements so\nfar and the next steps envisaged, including the extension of the\nduration of the EFSI beyond its initial three-year period, the\nscaling-up of the SME window within the existing framework and the\nenhancement of the EIAH.
\nCONTENT: the proposal to amend Regulation\n(EU) 2015/1017 establishes the legislative framework needed\nto extend the duration of the EFSI until the end of the current\nMultiannual Financial Framework, and sets out technical\namendments to the EIAH. It includes the following\npoints:
\n1) Financing:
\n\n- \nthe extension of the duration of the EFSI until\nthe end of the current Multiannual Financial Framework, i.e. until\n31 December 2020, with a view to reaching a target for the full\ninvestment period of at least EUR 500 billion of private and\npublic investment;
\n\n- \nthe increase of the EU guarantee to EUR 26\nbillion, of which a maximum of EUR 16\nbillion are available for guarantee calls prior to 6 July\n2018;
\n\n- \nan adjustment of the target rate of the EU\nguarantee fund to 35 % of total EU guarantee\nobligation;
\n\n- \nthe increase of the EIB contribution from EUR 5\nbillion to EUR 7.5 billion for the full investment\nperiod;
\n\n- \na further contribution from the general\nbudget of the Union to the EU guarantee fund for the investments to\nbe made during the full investment period through a transfer of EUR\n500 million of the available envelope of the Connecting Europe\nFacility for financial instruments and EUR 150 million from the\nunallocated margin;
\n\n- \nan estimated EUR 450 million of net\npositive income from costs charged to beneficiaries and the\ninvestment of the guarantee fund's resources will be used to build\nup the guarantee fund.
\n2) Governance and project selection:
\n-enhanced additionality: the proposal includes provisions whereby operations\nunder the EFSI have to address clearly identified market failures\nor sub-optimal investment situations as part of the eligibility\ncriteria. Projects under the Infrastructure and Innovation\nwindow linking two or more Member States must satisfy the\nadditionality requirement;
\n-support for investments generating\ngrowth : the proposal\ninvolves:
\nIn addition, the proposal provides that EFSI support\nto motorways should be avoided, unless it is needed to support\nprivate investment in transport in cohesion countries or in\ncross-border transport projects involving at least one cohesion\ncountry.
\n3) Transparency: the\nproposal provides for:
\nThe proposal also includes provisions strengthening\ncompliance with Union principles on good governance relating to\ntaxation, and the coverage of losses due to exchange rate\nfluctuations in certain situations.
\n4) European Investment Advisory Hub: the\nproposal provides for:
\nBUDGETARY IMPLICATIONS: the EU guarantee provided\nfor the EFSI will be increased from EUR 16 billion to EUR 26\nbillion. Out of the EUR 26 billion, a maximum of EUR 16 billion\nwill be available for guarantee calls prior to 6 July 2018. To\nprovide a guarantee of EUR 26 billion over the full investment\nperiod, the guarantee fund should be increased by EUR 1.1 billion,\nthus reaching EUR 9.1 billion in total.
\nThe reallocation from the Connecting Europe Facility\nrequires an amendment of Article 5 of Regulation\n(EU) 1316/2013. The financial envelopes for the transport\nsector and the energy sector laid down in Article 5 should be\nreduced by respectively EUR 155 million and EUR 345\nmillion.
\nPURPOSE: to extend the duration of the European Fund\nfor Strategic Investments and introduce technical enhancements for\nthat Fund and the European Investment Advisory Hub\n(EIAH).
\nPROPOSED ACT: Regulation of the European Parliament\nand of the Council.
\nROLE OF THE EUROPEAN PARLIAMENT: the European\nParliament decides in accordance with the ordinary legislative\nprocedure and on an equal footing with Council.
\nBACKGROUND: since the Investment\nPlan for Europe was presented in November 2014, the\nconditions for an uptake in investment have improved and\nconfidence in Europes economy and growth are returning. The\nUnion is now in its fourth year of moderate recovery, with GDP\ngrowing at 2% in 2015.
\nThe EFSI implemented and co-sponsored by the\nEuropean Investment Bank (EIB) Group - was established for an\ninitial period of three years and with the aim of mobilising at\nleast EUR 315 billion in additional investments in the real\neconomy by mid-2018. Given its success, the Commission is committed\nto the doubling of the EFSI, both in terms of duration and\nfinancial capacity.
\nThe Commission feels that the positive momentum\ngenerated by the Investment Plan should be maintained. The\nmechanisms of the Investment Plan work and should be reinforced to\ncontinue the mobilisation of private investments in sectors\nimportant to Europe's future and where market failures or\nsub-optimal investment situations remain.
\nThe proposal takes place in the context of the\nCommission communication of 1 June 2016 entitled Europe\ninvesting again taking stock of the Investment Plan for\nEurope and next steps, which outlines the achievements so\nfar and the next steps envisaged, including the extension of the\nduration of the EFSI beyond its initial three-year period, the\nscaling-up of the SME window within the existing framework and the\nenhancement of the EIAH.
\nCONTENT: the proposal to amend Regulation\n(EU) 2015/1017 establishes the legislative framework needed\nto extend the duration of the EFSI until the end of the current\nMultiannual Financial Framework, and sets out technical\namendments to the EIAH. It includes the following\npoints:
\n1) Financing:
\n\n- \nthe extension of the duration of the EFSI until\nthe end of the current Multiannual Financial Framework, i.e. until\n31 December 2020, with a view to reaching a target for the full\ninvestment period of at least EUR 500 billion of private and\npublic investment;
\n\n- \nthe increase of the EU guarantee to EUR 26\nbillion, of which a maximum of EUR 16\nbillion are available for guarantee calls prior to 6 July\n2018;
\n\n- \nan adjustment of the target rate of the EU\nguarantee fund to 35 % of total EU guarantee\nobligation;
\n\n- \nthe increase of the EIB contribution from EUR 5\nbillion to EUR 7.5 billion for the full investment\nperiod;
\n\n- \na further contribution from the general\nbudget of the Union to the EU guarantee fund for the investments to\nbe made during the full investment period through a transfer of EUR\n500 million of the available envelope of the Connecting Europe\nFacility for financial instruments and EUR 150 million from the\nunallocated margin;
\n\n- \nan estimated EUR 450 million of net\npositive income from costs charged to beneficiaries and the\ninvestment of the guarantee fund's resources will be used to build\nup the guarantee fund.
\n2) Governance and project selection:
\n-enhanced additionality: the proposal includes provisions whereby operations\nunder the EFSI have to address clearly identified market failures\nor sub-optimal investment situations as part of the eligibility\ncriteria. Projects under the Infrastructure and Innovation\nwindow linking two or more Member States must satisfy the\nadditionality requirement;
\n-support for investments generating\ngrowth : the proposal\ninvolves:
\nIn addition, the proposal provides that EFSI support\nto motorways should be avoided, unless it is needed to support\nprivate investment in transport in cohesion countries or in\ncross-border transport projects involving at least one cohesion\ncountry.
\n3) Transparency: the\nproposal provides for:
\nThe proposal also includes provisions strengthening\ncompliance with Union principles on good governance relating to\ntaxation, and the coverage of losses due to exchange rate\nfluctuations in certain situations.
\n4) European Investment Advisory Hub: the\nproposal provides for:
\nBUDGETARY IMPLICATIONS: the EU guarantee provided\nfor the EFSI will be increased from EUR 16 billion to EUR 26\nbillion. Out of the EUR 26 billion, a maximum of EUR 16 billion\nwill be available for guarantee calls prior to 6 July 2018. To\nprovide a guarantee of EUR 26 billion over the full investment\nperiod, the guarantee fund should be increased by EUR 1.1 billion,\nthus reaching EUR 9.1 billion in total.
\nThe reallocation from the Connecting Europe Facility\nrequires an amendment of Article 5 of Regulation\n(EU) 1316/2013. The financial envelopes for the transport\nsector and the energy sector laid down in Article 5 should be\nreduced by respectively EUR 155 million and EUR 345\nmillion.
\nPURPOSE: to extend the duration of the European Fund\nfor Strategic Investments and introduce technical enhancements for\nthat Fund and the European Investment Advisory Hub\n(EIAH).
\nPROPOSED ACT: Regulation of the European Parliament\nand of the Council.
\nROLE OF THE EUROPEAN PARLIAMENT: the European\nParliament decides in accordance with the ordinary legislative\nprocedure and on an equal footing with Council.
\nBACKGROUND: since the Investment\nPlan for Europe was presented in November 2014, the\nconditions for an uptake in investment have improved and\nconfidence in Europes economy and growth are returning. The\nUnion is now in its fourth year of moderate recovery, with GDP\ngrowing at 2% in 2015.
\nThe EFSI implemented and co-sponsored by the\nEuropean Investment Bank (EIB) Group - was established for an\ninitial period of three years and with the aim of mobilising at\nleast EUR 315 billion in additional investments in the real\neconomy by mid-2018. Given its success, the Commission is committed\nto the doubling of the EFSI, both in terms of duration and\nfinancial capacity.
\nThe Commission feels that the positive momentum\ngenerated by the Investment Plan should be maintained. The\nmechanisms of the Investment Plan work and should be reinforced to\ncontinue the mobilisation of private investments in sectors\nimportant to Europe's future and where market failures or\nsub-optimal investment situations remain.
\nThe proposal takes place in the context of the\nCommission communication of 1 June 2016 entitled Europe\ninvesting again taking stock of the Investment Plan for\nEurope and next steps, which outlines the achievements so\nfar and the next steps envisaged, including the extension of the\nduration of the EFSI beyond its initial three-year period, the\nscaling-up of the SME window within the existing framework and the\nenhancement of the EIAH.
\nCONTENT: the proposal to amend Regulation\n(EU) 2015/1017 establishes the legislative framework needed\nto extend the duration of the EFSI until the end of the current\nMultiannual Financial Framework, and sets out technical\namendments to the EIAH. It includes the following\npoints:
\n1) Financing:
\n\n- \nthe extension of the duration of the EFSI until\nthe end of the current Multiannual Financial Framework, i.e. until\n31 December 2020, with a view to reaching a target for the full\ninvestment period of at least EUR 500 billion of private and\npublic investment;
\n\n- \nthe increase of the EU guarantee to EUR 26\nbillion, of which a maximum of EUR 16\nbillion are available for guarantee calls prior to 6 July\n2018;
\n\n- \nan adjustment of the target rate of the EU\nguarantee fund to 35 % of total EU guarantee\nobligation;
\n\n- \nthe increase of the EIB contribution from EUR 5\nbillion to EUR 7.5 billion for the full investment\nperiod;
\n\n- \na further contribution from the general\nbudget of the Union to the EU guarantee fund for the investments to\nbe made during the full investment period through a transfer of EUR\n500 million of the available envelope of the Connecting Europe\nFacility for financial instruments and EUR 150 million from the\nunallocated margin;
\n\n- \nan estimated EUR 450 million of net\npositive income from costs charged to beneficiaries and the\ninvestment of the guarantee fund's resources will be used to build\nup the guarantee fund.
\n2) Governance and project selection:
\n-enhanced additionality: the proposal includes provisions whereby operations\nunder the EFSI have to address clearly identified market failures\nor sub-optimal investment situations as part of the eligibility\ncriteria. Projects under the Infrastructure and Innovation\nwindow linking two or more Member States must satisfy the\nadditionality requirement;
\n-support for investments generating\ngrowth : the proposal\ninvolves:
\nIn addition, the proposal provides that EFSI support\nto motorways should be avoided, unless it is needed to support\nprivate investment in transport in cohesion countries or in\ncross-border transport projects involving at least one cohesion\ncountry.
\n3) Transparency: the\nproposal provides for:
\nThe proposal also includes provisions strengthening\ncompliance with Union principles on good governance relating to\ntaxation, and the coverage of losses due to exchange rate\nfluctuations in certain situations.
\n4) European Investment Advisory Hub: the\nproposal provides for:
\nBUDGETARY IMPLICATIONS: the EU guarantee provided\nfor the EFSI will be increased from EUR 16 billion to EUR 26\nbillion. Out of the EUR 26 billion, a maximum of EUR 16 billion\nwill be available for guarantee calls prior to 6 July 2018. To\nprovide a guarantee of EUR 26 billion over the full investment\nperiod, the guarantee fund should be increased by EUR 1.1 billion,\nthus reaching EUR 9.1 billion in total.
\nThe reallocation from the Connecting Europe Facility\nrequires an amendment of Article 5 of Regulation\n(EU) 1316/2013. The financial envelopes for the transport\nsector and the energy sector laid down in Article 5 should be\nreduced by respectively EUR 155 million and EUR 345\nmillion.
\nPURPOSE: to extend the duration of the European Fund\nfor Strategic Investments and introduce technical enhancements for\nthat Fund and the European Investment Advisory Hub\n(EIAH).
\nPROPOSED ACT: Regulation of the European Parliament\nand of the Council.
\nROLE OF THE EUROPEAN PARLIAMENT: the European\nParliament decides in accordance with the ordinary legislative\nprocedure and on an equal footing with Council.
\nBACKGROUND: since the Investment\nPlan for Europe was presented in November 2014, the\nconditions for an uptake in investment have improved and\nconfidence in Europes economy and growth are returning. The\nUnion is now in its fourth year of moderate recovery, with GDP\ngrowing at 2% in 2015.
\nThe EFSI implemented and co-sponsored by the\nEuropean Investment Bank (EIB) Group - was established for an\ninitial period of three years and with the aim of mobilising at\nleast EUR 315 billion in additional investments in the real\neconomy by mid-2018. Given its success, the Commission is committed\nto the doubling of the EFSI, both in terms of duration and\nfinancial capacity.
\nThe Commission feels that the positive momentum\ngenerated by the Investment Plan should be maintained. The\nmechanisms of the Investment Plan work and should be reinforced to\ncontinue the mobilisation of private investments in sectors\nimportant to Europe's future and where market failures or\nsub-optimal investment situations remain.
\nThe proposal takes place in the context of the\nCommission communication of 1 June 2016 entitled Europe\ninvesting again taking stock of the Investment Plan for\nEurope and next steps, which outlines the achievements so\nfar and the next steps envisaged, including the extension of the\nduration of the EFSI beyond its initial three-year period, the\nscaling-up of the SME window within the existing framework and the\nenhancement of the EIAH.
\nCONTENT: the proposal to amend Regulation\n(EU) 2015/1017 establishes the legislative framework needed\nto extend the duration of the EFSI until the end of the current\nMultiannual Financial Framework, and sets out technical\namendments to the EIAH. It includes the following\npoints:
\n1) Financing:
\n\n- \nthe extension of the duration of the EFSI until\nthe end of the current Multiannual Financial Framework, i.e. until\n31 December 2020, with a view to reaching a target for the full\ninvestment period of at least EUR 500 billion of private and\npublic investment;
\n\n- \nthe increase of the EU guarantee to EUR 26\nbillion, of which a maximum of EUR 16\nbillion are available for guarantee calls prior to 6 July\n2018;
\n\n- \nan adjustment of the target rate of the EU\nguarantee fund to 35 % of total EU guarantee\nobligation;
\n\n- \nthe increase of the EIB contribution from EUR 5\nbillion to EUR 7.5 billion for the full investment\nperiod;
\n\n- \na further contribution from the general\nbudget of the Union to the EU guarantee fund for the investments to\nbe made during the full investment period through a transfer of EUR\n500 million of the available envelope of the Connecting Europe\nFacility for financial instruments and EUR 150 million from the\nunallocated margin;
\n\n- \nan estimated EUR 450 million of net\npositive income from costs charged to beneficiaries and the\ninvestment of the guarantee fund's resources will be used to build\nup the guarantee fund.
\n2) Governance and project selection:
\n-enhanced additionality: the proposal includes provisions whereby operations\nunder the EFSI have to address clearly identified market failures\nor sub-optimal investment situations as part of the eligibility\ncriteria. Projects under the Infrastructure and Innovation\nwindow linking two or more Member States must satisfy the\nadditionality requirement;
\n-support for investments generating\ngrowth : the proposal\ninvolves:
\nIn addition, the proposal provides that EFSI support\nto motorways should be avoided, unless it is needed to support\nprivate investment in transport in cohesion countries or in\ncross-border transport projects involving at least one cohesion\ncountry.
\n3) Transparency: the\nproposal provides for:
\nThe proposal also includes provisions strengthening\ncompliance with Union principles on good governance relating to\ntaxation, and the coverage of losses due to exchange rate\nfluctuations in certain situations.
\n4) European Investment Advisory Hub: the\nproposal provides for:
\nBUDGETARY IMPLICATIONS: the EU guarantee provided\nfor the EFSI will be increased from EUR 16 billion to EUR 26\nbillion. Out of the EUR 26 billion, a maximum of EUR 16 billion\nwill be available for guarantee calls prior to 6 July 2018. To\nprovide a guarantee of EUR 26 billion over the full investment\nperiod, the guarantee fund should be increased by EUR 1.1 billion,\nthus reaching EUR 9.1 billion in total.
\nThe reallocation from the Connecting Europe Facility\nrequires an amendment of Article 5 of Regulation\n(EU) 1316/2013. The financial envelopes for the transport\nsector and the energy sector laid down in Article 5 should be\nreduced by respectively EUR 155 million and EUR 345\nmillion.
\nThe Committee on Budgets and the Committee on Economic\nand Monetary Affairs adopted the report prepared by José\nManuel FERNANDES (EPP, PT) and Udo BULLMANN (S&D, DE) on the\nproposal for a regulation of the European Parliament and of the\nCouncil amending Regulations (EU) No 1316/2013 and (EU) 2015/1017\nas regards the extension of the duration of the European Fund for\nStrategic Investments as well as the introduction of technical\nenhancements for that Fund and the European Investment Advisory\nHub.
\nThe committees recommended that the European\nParliaments position adopted at first reading, following the\nordinary legislative procedure, should amend the Commission\nproposal as follows:
\nAdditionality: the\namended text stressed that the drive to meet the quantitative\ntarget of mobilising at least EUR 315 billion in investments over\nan initial period of three years should not prevail over the\nadditionality of the projects selected.
\nThe following elements give strong indication of\nadditionality:
\nPricing: under\ncircumstances where tighter economic and financial market\nconditions would prevent the realisation of a viable project, the\npricing of the guarantee shall be modulated in order to\npromote geographic and regional balance of EFSI-backed operations\nand to address market failures.
\nFinancing: the\nCommission proposal stated that it is expected that when the EU\nguarantee is combined with the EUR 7.5 billion to be provided by\nthe EIB, the EFSI support should generate EUR 100 billion\nadditional investment by the EIB and EIF. The amount supported by\nthe EFSI is expected to generate at least EUR 500 billion of\nadditional investment in the real economy by the end of\n2020.
\nIn order to partly finance the contribution from the\ngeneral budget of the Union to the EU guarantee fund for the\nadditional investments to be made, an amount of EUR 650 000\n000 from unallocated margins under the 2014-2020 multiannual\nfinancial framework ceilings shall be earmarked for that purpose.\nThis amount is to be authorised by the European Parliament and the\nCouncil through the annual budgetary procedure.
\nConditions for the use of the EU\nguarantee: the Investment Committee\nshall be able to grant an appropriate part of the EU guarantee\ndirectly to investment platforms and national promotional banks\nor institutions and delegate thereafter the decision on the\nselection of projects to those entities.
\nThe operations concerned are compatible with\nthe Union policies and also support:
\nIn order to achieve the Union targets set at the Paris\nClimate Conference (COP 21), the Steering Board should\nprovide detailed guidance and assessment tools, in particular with\nregard to eligible projects.
\nScoreboard: this shall\nbe used as an independent and transparent assessment tool\nfor the investment committee to prioritise the use of the EU\nguarantee for operations that display higher scores and added\nvalue. The EIB should calculate the scores and indicators ex ante\nand monitor the results at project completion.
\nEuropean Investment Advisory Hub\n(EIAH): Members stressed that the\nEIAH should:
\nAs regards post-2020, the Commission shall put forward\na legislative proposal, under the new multiannual financial\nframework, on a comprehensive investment scheme to effectively\naddress the lack of investment in the Union.
\nThe European Parliament adopted by 502 votes to 125,\nwith 19 abstentions, a legislative resolution on the proposal for a\nregulation of the European Parliament and of the Council amending\nRegulations (EU) No 1316/2013 and (EU) 2015/1017 as regards the\nextension of the duration of the European Fund for Strategic\nInvestments as well as the introduction of technical enhancements\nfor that Fund and the European Investment Advisory Hub.
\nThe European Parliaments position adopted at\nfirst reading under the ordinary legislative procedure amended the\nCommission proposal as follows:
\nStrengthening additionality: the amended text stressed that the drive to achieve\nthe quantitative perspective to mobilise at least EUR 315 billion\nin additional investment over an initial period of three years\nshall not prevail over the additionality of the projects\nselected.
\nAdditionality shall mean support by the\nEFSI for operations which address market failures or sub-optimal\ninvestment situations and which could not have been carried out\nduring the period in which the EU guarantee can be used, or not to\nthe same extent, by the EIB, the EIF or under existing Union\nfinancial instruments, without EFSI support.
\nProjects supported shall strive to create\nemployment and sustainable growth and shall typically have a\nhigher risk profile than projects supported by normal EIB\noperations.
\nThe following elements are strong indications of\nadditionality:
\nReduce financing costs:\nthe EIB and the Commission shall implement changes, in particular\nto the remuneration of the EU guarantee, to contribute to a\nreduction in the financing cost of the operation borne by the\nbeneficiary of the EIB financing under EFSI so as to facilitate its\nimplementation.
\nSimilar efforts should be undertaken where necessary\nto ensure that EFSI supports small-scale\nprojects.
\nGovernance of EFSI: all\ninstitutions and bodies involved in EFSI governing structures shall\nendeavour to ensure gender balance in relevant EFSI\ngoverning bodies.
\nThe Steering Committee shall comprise five\nmembers: three appointed by the\nCommission, one by the EIB and one expert appointed as a non-voting\nmember by the European Parliament. The Steering Board shall elect a\nChairperson from among its voting members for a fixed term of three\nyears, renewable once.
\nThe Managing Director shall exercise his or her duty\nof care regarding potential conflicts of interest of any member of\nthe Investment Committee.
\nTwice a year, the EIB shall submit to the European\nParliament, to the Council and to the Commission a list of all\ndecisions of the Investment Committee as well as the\nscoreboards relating to all those decisions.
\nConditions for the use of the EU\nguarantee: the EU guarantee shall be\ngranted for EIB financing and investment operations approved by the\nInvestment Committee or for funding or guarantees to the EIF in\norder to conduct EIB financing and investment operations. The EIB\nshall, where appropriate, delegate the appraisal, selection and\nmonitoring of small-scale sub-projects to financial\nintermediaries or approved eligible vehicles, in particular\ninvestment platforms and national promotional banks or\ninstitutions.
\nThe operations concerned shall be consistent with\nUnion policies and support any of the following general\nobjectives:
\nThe amending Regulation provides that where the EIB\nprovides funding or guarantees to the EIF in order to conduct EIB\nfinancing and investment operations, the EU guarantee shall provide\nfor a full guarantee on such funding or guarantees up to an initial\nlimit of EUR 6.5 billion, provided that an amount of at\nleast EUR 4 billion of funding or guarantees is gradually provided\nby the EIB without coverage by the EU guarantee.
\nThe limit of EUR 6.5 billion could be increased by\nthe Steering Committee to a maximum of EUR 9 billion, without\nan obligation on the EIB to match the amounts above EUR 4\nbillion.
\nEuropean Investment Advisory Platform\n(EIAH): in order for it to act as a\nsingle technical advisory hub for project financing within the\nUnion, the amended text enhances the EIAH by stating that it should\nalso:
\nLastly, the EIB and the EIF shall not enter into new\nor renewed operations with entities incorporated or established in\njurisdictions listed under the relevant Union policy on\nnon-cooperative jurisdictions, or that are identified as\nhigh-risk third countries, or that do not effectively comply with\nUnion or internationally agreed tax standards on transparency and\nexchange of information.
\nPURPOSE: to extend the duration of the European Fund\nfor Strategic Investments and introduce technical enhancements for\nthat Fund and the European Investment Advisory Hub\n(EIAH).
\nLEGISLATIVE ACT: Regulation (EU) 2017/2396 of the\nEuropean Parliament and of the Council amending Regulations (EU) No\n1316/2013 and (EU) 2015/1017 as regards the extension of the\nduration of the European Fund for Strategic Investments as well as\nthe introduction of technical enhancements for that Fund and the\nEuropean Investment Advisory Hub (EIAH).
\nCONTENT: the European Fund for Strategic Investments\n(EFSI) is the flagship initiative of the Investment Plan for Europe set up by the European Union. The EFSI was created for\nan initial period of three years with the aim of mobilising at\nleast EUR 315 billion in investments, thus supporting\nthe objective of promoting growth and jobs.
\nThe EFSI, which is being implemented and co-sponsored\nby the European Investment Bank (EIB) Group, is on\ntrack to achieve its goal. In order to keep up the positive\nmomentum launched by the investment plan, this Regulation\namends Regulation (EU) 2015/1017 in order to:
\nThe Regulation also provides for a number of\ntechnical adjustments developed in the light of lessons\nlearned from its implementation:
\n- \nrailway infrastructure, other rail projects and\nseaports;
\n- \nblockchain technology;
\n- \nthe Internet of Things;
\n- \ncybersecurity and network protection\ninfrastructures;
\n- \nthe cultural and creative industries, for which\nthe sector-specific financial mechanisms are to be authorised in\ninteraction with the \"Creative Europe\" programme;
\n- \nsustainable agriculture, forestry, fisheries,\naquaculture and other aspects of the broader bioeconomy.
\nThe EIB should aim to ensure that at least 40% of\nEFSI funding, under the Infrastructure and Innovation strand,\nsupports project components that contribute to climate\naction, in line with the commitments made at the 21st session\nof the Conference of the Parties to the United Nations Framework\nConvention on Climate Change (COP21).
\nIt is also planned to give a larger share of funding\nto SMEs.
\nEuropean Investment Advisory Hub (EIAH):\nEFSI will provide more targeted support to\nMember States facing difficulties in developing projects.\nThe EIAH will in particular:
\nENTRY INTO FORCE:\n30.12.2017.
\nPURPOSE: to extend the duration of the European Fund\nfor Strategic Investments and introduce technical enhancements for\nthat Fund and the European Investment Advisory Hub\n(EIAH).
\nPROPOSED ACT: Regulation of the European Parliament\nand of the Council.
\nROLE OF THE EUROPEAN PARLIAMENT: the European\nParliament decides in accordance with the ordinary legislative\nprocedure and on an equal footing with Council.
\nBACKGROUND: since the Investment\nPlan for Europe was presented in November 2014, the\nconditions for an uptake in investment have improved and\nconfidence in Europes economy and growth are returning. The\nUnion is now in its fourth year of moderate recovery, with GDP\ngrowing at 2% in 2015.
\nThe EFSI implemented and co-sponsored by the\nEuropean Investment Bank (EIB) Group - was established for an\ninitial period of three years and with the aim of mobilising at\nleast EUR 315 billion in additional investments in the real\neconomy by mid-2018. Given its success, the Commission is committed\nto the doubling of the EFSI, both in terms of duration and\nfinancial capacity.
\nThe Commission feels that the positive momentum\ngenerated by the Investment Plan should be maintained. The\nmechanisms of the Investment Plan work and should be reinforced to\ncontinue the mobilisation of private investments in sectors\nimportant to Europe's future and where market failures or\nsub-optimal investment situations remain.
\nThe proposal takes place in the context of the\nCommission communication of 1 June 2016 entitled Europe\ninvesting again taking stock of the Investment Plan for\nEurope and next steps, which outlines the achievements so\nfar and the next steps envisaged, including the extension of the\nduration of the EFSI beyond its initial three-year period, the\nscaling-up of the SME window within the existing framework and the\nenhancement of the EIAH.
\nCONTENT: the proposal to amend Regulation\n(EU) 2015/1017 establishes the legislative framework needed\nto extend the duration of the EFSI until the end of the current\nMultiannual Financial Framework, and sets out technical\namendments to the EIAH. It includes the following\npoints:
\n1) Financing:
\n\n- \nthe extension of the duration of the EFSI until\nthe end of the current Multiannual Financial Framework, i.e. until\n31 December 2020, with a view to reaching a target for the full\ninvestment period of at least EUR 500 billion of private and\npublic investment;
\n\n- \nthe increase of the EU guarantee to EUR 26\nbillion, of which a maximum of EUR 16\nbillion are available for guarantee calls prior to 6 July\n2018;
\n\n- \nan adjustment of the target rate of the EU\nguarantee fund to 35 % of total EU guarantee\nobligation;
\n\n- \nthe increase of the EIB contribution from EUR 5\nbillion to EUR 7.5 billion for the full investment\nperiod;
\n\n- \na further contribution from the general\nbudget of the Union to the EU guarantee fund for the investments to\nbe made during the full investment period through a transfer of EUR\n500 million of the available envelope of the Connecting Europe\nFacility for financial instruments and EUR 150 million from the\nunallocated margin;
\n\n- \nan estimated EUR 450 million of net\npositive income from costs charged to beneficiaries and the\ninvestment of the guarantee fund's resources will be used to build\nup the guarantee fund.
\n2) Governance and project selection:
\n-enhanced additionality: the proposal includes provisions whereby operations\nunder the EFSI have to address clearly identified market failures\nor sub-optimal investment situations as part of the eligibility\ncriteria. Projects under the Infrastructure and Innovation\nwindow linking two or more Member States must satisfy the\nadditionality requirement;
\n-support for investments generating\ngrowth : the proposal\ninvolves:
\nIn addition, the proposal provides that EFSI support\nto motorways should be avoided, unless it is needed to support\nprivate investment in transport in cohesion countries or in\ncross-border transport projects involving at least one cohesion\ncountry.
\n3) Transparency: the\nproposal provides for:
\nThe proposal also includes provisions strengthening\ncompliance with Union principles on good governance relating to\ntaxation, and the coverage of losses due to exchange rate\nfluctuations in certain situations.
\n4) European Investment Advisory Hub: the\nproposal provides for:
\nBUDGETARY IMPLICATIONS: the EU guarantee provided\nfor the EFSI will be increased from EUR 16 billion to EUR 26\nbillion. Out of the EUR 26 billion, a maximum of EUR 16 billion\nwill be available for guarantee calls prior to 6 July 2018. To\nprovide a guarantee of EUR 26 billion over the full investment\nperiod, the guarantee fund should be increased by EUR 1.1 billion,\nthus reaching EUR 9.1 billion in total.
\nThe reallocation from the Connecting Europe Facility\nrequires an amendment of Article 5 of Regulation\n(EU) 1316/2013. The financial envelopes for the transport\nsector and the energy sector laid down in Article 5 should be\nreduced by respectively EUR 155 million and EUR 345\nmillion.
\nThe Committee on Budgets and the Committee on Economic\nand Monetary Affairs adopted the report prepared by José\nManuel FERNANDES (EPP, PT) and Udo BULLMANN (S&D, DE) on the\nproposal for a regulation of the European Parliament and of the\nCouncil amending Regulations (EU) No 1316/2013 and (EU) 2015/1017\nas regards the extension of the duration of the European Fund for\nStrategic Investments as well as the introduction of technical\nenhancements for that Fund and the European Investment Advisory\nHub.
\nThe committees recommended that the European\nParliaments position adopted at first reading, following the\nordinary legislative procedure, should amend the Commission\nproposal as follows:
\nAdditionality: the\namended text stressed that the drive to meet the quantitative\ntarget of mobilising at least EUR 315 billion in investments over\nan initial period of three years should not prevail over the\nadditionality of the projects selected.
\nThe following elements give strong indication of\nadditionality:
\nPricing: under\ncircumstances where tighter economic and financial market\nconditions would prevent the realisation of a viable project, the\npricing of the guarantee shall be modulated in order to\npromote geographic and regional balance of EFSI-backed operations\nand to address market failures.
\nFinancing: the\nCommission proposal stated that it is expected that when the EU\nguarantee is combined with the EUR 7.5 billion to be provided by\nthe EIB, the EFSI support should generate EUR 100 billion\nadditional investment by the EIB and EIF. The amount supported by\nthe EFSI is expected to generate at least EUR 500 billion of\nadditional investment in the real economy by the end of\n2020.
\nIn order to partly finance the contribution from the\ngeneral budget of the Union to the EU guarantee fund for the\nadditional investments to be made, an amount of EUR 650 000\n000 from unallocated margins under the 2014-2020 multiannual\nfinancial framework ceilings shall be earmarked for that purpose.\nThis amount is to be authorised by the European Parliament and the\nCouncil through the annual budgetary procedure.
\nConditions for the use of the EU\nguarantee: the Investment Committee\nshall be able to grant an appropriate part of the EU guarantee\ndirectly to investment platforms and national promotional banks\nor institutions and delegate thereafter the decision on the\nselection of projects to those entities.
\nThe operations concerned are compatible with\nthe Union policies and also support:
\nIn order to achieve the Union targets set at the Paris\nClimate Conference (COP 21), the Steering Board should\nprovide detailed guidance and assessment tools, in particular with\nregard to eligible projects.
\nScoreboard: this shall\nbe used as an independent and transparent assessment tool\nfor the investment committee to prioritise the use of the EU\nguarantee for operations that display higher scores and added\nvalue. The EIB should calculate the scores and indicators ex ante\nand monitor the results at project completion.
\nEuropean Investment Advisory Hub\n(EIAH): Members stressed that the\nEIAH should:
\nAs regards post-2020, the Commission shall put forward\na legislative proposal, under the new multiannual financial\nframework, on a comprehensive investment scheme to effectively\naddress the lack of investment in the Union.
\nThe European Parliament adopted by 502 votes to 125,\nwith 19 abstentions, a legislative resolution on the proposal for a\nregulation of the European Parliament and of the Council amending\nRegulations (EU) No 1316/2013 and (EU) 2015/1017 as regards the\nextension of the duration of the European Fund for Strategic\nInvestments as well as the introduction of technical enhancements\nfor that Fund and the European Investment Advisory Hub.
\nThe European Parliaments position adopted at\nfirst reading under the ordinary legislative procedure amended the\nCommission proposal as follows:
\nStrengthening additionality: the amended text stressed that the drive to achieve\nthe quantitative perspective to mobilise at least EUR 315 billion\nin additional investment over an initial period of three years\nshall not prevail over the additionality of the projects\nselected.
\nAdditionality shall mean support by the\nEFSI for operations which address market failures or sub-optimal\ninvestment situations and which could not have been carried out\nduring the period in which the EU guarantee can be used, or not to\nthe same extent, by the EIB, the EIF or under existing Union\nfinancial instruments, without EFSI support.
\nProjects supported shall strive to create\nemployment and sustainable growth and shall typically have a\nhigher risk profile than projects supported by normal EIB\noperations.
\nThe following elements are strong indications of\nadditionality:
\nReduce financing costs:\nthe EIB and the Commission shall implement changes, in particular\nto the remuneration of the EU guarantee, to contribute to a\nreduction in the financing cost of the operation borne by the\nbeneficiary of the EIB financing under EFSI so as to facilitate its\nimplementation.
\nSimilar efforts should be undertaken where necessary\nto ensure that EFSI supports small-scale\nprojects.
\nGovernance of EFSI: all\ninstitutions and bodies involved in EFSI governing structures shall\nendeavour to ensure gender balance in relevant EFSI\ngoverning bodies.
\nThe Steering Committee shall comprise five\nmembers: three appointed by the\nCommission, one by the EIB and one expert appointed as a non-voting\nmember by the European Parliament. The Steering Board shall elect a\nChairperson from among its voting members for a fixed term of three\nyears, renewable once.
\nThe Managing Director shall exercise his or her duty\nof care regarding potential conflicts of interest of any member of\nthe Investment Committee.
\nTwice a year, the EIB shall submit to the European\nParliament, to the Council and to the Commission a list of all\ndecisions of the Investment Committee as well as the\nscoreboards relating to all those decisions.
\nConditions for the use of the EU\nguarantee: the EU guarantee shall be\ngranted for EIB financing and investment operations approved by the\nInvestment Committee or for funding or guarantees to the EIF in\norder to conduct EIB financing and investment operations. The EIB\nshall, where appropriate, delegate the appraisal, selection and\nmonitoring of small-scale sub-projects to financial\nintermediaries or approved eligible vehicles, in particular\ninvestment platforms and national promotional banks or\ninstitutions.
\nThe operations concerned shall be consistent with\nUnion policies and support any of the following general\nobjectives:
\nThe amending Regulation provides that where the EIB\nprovides funding or guarantees to the EIF in order to conduct EIB\nfinancing and investment operations, the EU guarantee shall provide\nfor a full guarantee on such funding or guarantees up to an initial\nlimit of EUR 6.5 billion, provided that an amount of at\nleast EUR 4 billion of funding or guarantees is gradually provided\nby the EIB without coverage by the EU guarantee.
\nThe limit of EUR 6.5 billion could be increased by\nthe Steering Committee to a maximum of EUR 9 billion, without\nan obligation on the EIB to match the amounts above EUR 4\nbillion.
\nEuropean Investment Advisory Platform\n(EIAH): in order for it to act as a\nsingle technical advisory hub for project financing within the\nUnion, the amended text enhances the EIAH by stating that it should\nalso:
\nLastly, the EIB and the EIF shall not enter into new\nor renewed operations with entities incorporated or established in\njurisdictions listed under the relevant Union policy on\nnon-cooperative jurisdictions, or that are identified as\nhigh-risk third countries, or that do not effectively comply with\nUnion or internationally agreed tax standards on transparency and\nexchange of information.
\nPURPOSE: to extend the duration of the European Fund\nfor Strategic Investments and introduce technical enhancements for\nthat Fund and the European Investment Advisory Hub\n(EIAH).
\nLEGISLATIVE ACT: Regulation (EU) 2017/2396 of the\nEuropean Parliament and of the Council amending Regulations (EU) No\n1316/2013 and (EU) 2015/1017 as regards the extension of the\nduration of the European Fund for Strategic Investments as well as\nthe introduction of technical enhancements for that Fund and the\nEuropean Investment Advisory Hub (EIAH).
\nCONTENT: the European Fund for Strategic Investments\n(EFSI) is the flagship initiative of the Investment Plan for Europe set up by the European Union. The EFSI was created for\nan initial period of three years with the aim of mobilising at\nleast EUR 315 billion in investments, thus supporting\nthe objective of promoting growth and jobs.
\nThe EFSI, which is being implemented and co-sponsored\nby the European Investment Bank (EIB) Group, is on\ntrack to achieve its goal. In order to keep up the positive\nmomentum launched by the investment plan, this Regulation\namends Regulation (EU) 2015/1017 in order to:
\nThe Regulation also provides for a number of\ntechnical adjustments developed in the light of lessons\nlearned from its implementation:
\n- \nrailway infrastructure, other rail projects and\nseaports;
\n- \nblockchain technology;
\n- \nthe Internet of Things;
\n- \ncybersecurity and network protection\ninfrastructures;
\n- \nthe cultural and creative industries, for which\nthe sector-specific financial mechanisms are to be authorised in\ninteraction with the \"Creative Europe\" programme;
\n- \nsustainable agriculture, forestry, fisheries,\naquaculture and other aspects of the broader bioeconomy.
\nThe EIB should aim to ensure that at least 40% of\nEFSI funding, under the Infrastructure and Innovation strand,\nsupports project components that contribute to climate\naction, in line with the commitments made at the 21st session\nof the Conference of the Parties to the United Nations Framework\nConvention on Climate Change (COP21).
\nIt is also planned to give a larger share of funding\nto SMEs.
\nEuropean Investment Advisory Hub (EIAH):\nEFSI will provide more targeted support to\nMember States facing difficulties in developing projects.\nThe EIAH will in particular:
\nENTRY INTO FORCE:\n30.12.2017.
\n