Activities of Philippe DE BACKER related to 2011/0301(COD)
Plenary speeches (1)
Financial aid in the field of the trans-European transport and energy networks (debate)
Shadow opinions (1)
OPINION on the proposal for a regulation of the European Parliament and of the Council amending Decision No 1639/2006/EC establishing a Competitiveness and Innovation Framework Programme (2007-2013) and Regulation (EC) No 680/2007 laying down general rules for the granting of Community financial aid in the field of the trans-European transport and energy networks
Amendments (5)
Amendment 5 #
Proposal for a regulation
Recital 4 a (new)
Recital 4 a (new)
(4a) It is necessary to emphasize the importance of adopting the proposed MFF, as it introduces the Connecting Europe Facility (including the project bonds initiative) and allocates the appropriate budget.
Amendment 7 #
Proposal for a regulation
Recital 9
Recital 9
(9) With the Europe 2020 Project Bond Initiative, bonds would be issued by project companies, the Union budget together with financing from a financial partner would be used to improve the credit quality of the bonds in order to attract debt capital market investors such as pension funds and, insurance companies and other interested parties.
Amendment 11 #
Proposal for a regulation
Recital 14 a (new)
Recital 14 a (new)
(14a) The details of the Europe 2020 Project Bond Initiative are not completely clear at the moment. The pilot phase should be implemented as soon as possible, in order to clarify outstanding issues raised by possible investors and external organisations involved.
Amendment 12 #
Proposal for a regulation
Recital 15
Recital 15
(15) In order to implement the pilot phase of the Europe 2020 Project Bond Initiative, Decision No 1639/2006/EC and Regulation (EC) No 680/2007 should be amended. This pilot phase aims to support infrastructure projects with a clear European added value and with commercial potential in the transport, energy and ICT sectors, while after 2013 the initiative may be extended to other sectors.
Amendment 14 #
Proposal for a regulation
Recital 20 a (new)
Recital 20 a (new)
(20a) Since in the conclusions of the European Council of 1-2 March 2012 the deadline for reaching an agreement on the pilot phase of the Europe 2020 Project Bond Initiative is set on June 2012, the Commission needs to start implementing this pilot phase without further delay.