9 Amendments of Alfred SANT related to 2017/2071(INI)
Amendment 6 #
Draft opinion
Paragraph 1
Paragraph 1
1. Acknowledges the EIB’s contribution to restoring investment activity in the EU after the economic and financial crises; stresses that the EIB’s activities during the current period of recovery and credit availability must be carefully directed towards produjects and projects, thereby ensuring additionalityespecially in regions with a low level of investment capacity, thereby ensuring additionality and limiting geographical concentration;
Amendment 16 #
Draft opinion
Paragraph 2
Paragraph 2
2. Stresses the need to minimise the risk of crowding out the private sector by focusing on long-term financing otherwise unavailable to EIB clients on the markets, or by greater risk-taking, namely by supporting the financing of projects that would not get financed otherwise, particularly in support for innovative start-ups and SMEs;
Amendment 25 #
Draft opinion
Paragraph 3
Paragraph 3
3. Believes that instead of playing a partly anti-cyclical role,Recognises the importance for the EIB to continue to play its anti-cyclical role in support of long-term growth; believes that one of the key priorityies for the EIB should be to focus on areas where markets fail; underlines the EIB’s role in developing an "investment culture" across the EU through targeted investments in education and training, in particular in less developed regions;
Amendment 41 #
Draft opinion
Paragraph 4
Paragraph 4
4. Emphasises that the EIB can play a positive role in reducing the negative public investment gap, but that its activities should not come into conflict with fiscal rules, as fiscal stability is a key precondition for stable and sustainable economic growth;
Amendment 46 #
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Underlines that at EU level there are major structural reasons which are increasing the investment gap between Member States; calls on the EIB to boost its technical assistance in order to address low project generation capacity and borrowing capacity in some Member States;
Amendment 57 #
Draft opinion
Paragraph 5
Paragraph 5
5. Recalls the high degree of urgency of clarifying the impact of Brexit on the EIB's current budget as well as the future UK economic participation in order for the bank to continue to be able to perform its role;
Amendment 64 #
Draft opinion
Paragraph 6
Paragraph 6
6. Calls on the Commission to monitor carefully the cost and efficiency associated with the high number of financially small mandates given to the EIB; takes the view that the administrative cost associated with such a number ofless effective mandates can undermine the EIB’s price competitiveness and thus render it less effective in performing its role;
Amendment 73 #
Draft opinion
Paragraph 7
Paragraph 7
7. Stresses the need for the EIB to prioritise external operations so that its activities especially focus on areas of high importance for the EU; highlights the great potential for EIB operations to improve the economic situation in Ukraine, which is facing great economic stress and instability due to the ongoing armed conflict inspecific EU neighbouring countries in Eastern Europe as well as in the Southern and Eastern UkMediterrainean, with the direct and indirect participation of Russian military and security serviceshich are facing great economic stress and instability;
Amendment 95 #
Draft opinion
Paragraph 9 a (new)
Paragraph 9 a (new)
9a. Insists on the need to achieve the highest level of transparency and institutional accountability; calls on the EIB to present to the European Parliament the ongoing operations through regular meetings and giving access to information and financial documents;