37 Amendments of Siegfried MUREŞAN related to 2014/2156(INI)
Amendment 1 #
Motion for a resolution
Citation 1 a (new)
Citation 1 a (new)
- having regard to the 2013 Activity Report of the European Investment Bank,
Amendment 2 #
Motion for a resolution
Citation 13 a (new)
Citation 13 a (new)
- having regard to the Commission Communication on An Investment Plan for Europe (COM(2014) 903) of 26 November 2014,
Amendment 4 #
Motion for a resolution
Recital A
Recital A
A. whereas all possible resources from the Member States and the EU, including those of the EIB, need to be efficiently mobilised without delay to sustain public and private investments in line withorder to re-establish economic growth and boost employment in Europe taking into account the objectives set out in the EU 2020 Strategy for smart, sustainable and inclusive growth;
Amendment 11 #
Motion for a resolution
Recital B a (new)
Recital B a (new)
Ba. whereas there is a crucial need to ensure that the EIB keeps its triple A credit rating, in order to preserve its access to international capital markets under best funding conditions, with subsequent positive impacts on project life and for stakeholders;
Amendment 16 #
Motion for a resolution
Recital C a (new)
Recital C a (new)
Ca. whereas SMEs are the backbone of the European economy and their adequate financing is the main driver to the economic recovery and job creation in the EU;
Amendment 25 #
Motion for a resolution
Paragraph -1 a (new)
Paragraph -1 a (new)
Amendment 26 #
Motion for a resolution
Paragraph -1 (new)
Paragraph -1 (new)
-1. Welcomes the EIB Annual Report 2013 and the increase of the Group's financing activities by 37% to EUR 75.1 billion; views this development as an adequate answer to the macroeconomic conditions in the European Union;
Amendment 27 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Is deeplyNevertheless, is concerned at the current situation of economic stalling in the EU, and in particular the significant decline in public and private investment– around 18 % below 2007 levels – and by the staggering 35 % drop in lending to SMEs between 2008 and 2013; underlines that such a decline represents a massive hurdle for a sustainable recovery as well as for genuine progress towards the EU 2020 objectives;
Amendment 35 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Welcomes in that context the acknowledgment of the new President of the Commission that bold and urgent action is required to revitalise the EU economy including, inter alia, an EU investment plan of at least EUR 300 billion over the next three yearslaunch of an Investment Plan for Europe that aims to revitalise the EU economy through the mobilisation of EUR 315 billion over the next three years; draws the attention that the implementation of the Investment Plan will require additional human resources for the EIB, in order to fulfil its mandate;
Amendment 55 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Underlines that the EIB is called on to play an instrumental role in financing such an EU investment planthe Investment Plan for Europe by committing EUR 5 billion to the establishment of the new European Fund for Strategic Investments; calls, therefore, on the Council, the Commission and the EIB Board of Governors to duly assess the consistency between the new tasks assigned to the EIB within such a plan and the effective needs of the EIB in terms of capital and public guarantees provided to its lending operations, asset purchases and involvement in special-purpose vehicles;
Amendment 61 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Is of the opinion that, in this respect, appropriate EIB involvement in an EU ithe Investment pPlan will require a substantial increase in EIB lending and borrowing ceilings within the next five years with a view to significantly increasing its balance sheet size; points out that such an increase will imply a combination of a new capital increase and guarantees provided to new credit lines in the framework of the plan;
Amendment 69 #
Motion for a resolution
Paragraph 7
Paragraph 7
Amendment 70 #
Motion for a resolution
Paragraph 8
Paragraph 8
Amendment 72 #
Motion for a resolution
Paragraph 9
Paragraph 9
Amendment 98 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Insists that the evaluation to be carried out by the Commission in December 2014 take into account the negative impact of some projects in the PBI Pilot Phase; considers it regrettable that the EIB is supporting unviable and unsustainablethat the EIB should mainly focus its support on infrastructure projects which are neither climate-friendly nor address the needs and interests of the population they are intended to serve;
Amendment 103 #
Motion for a resolution
Paragraph 14
Paragraph 14
Amendment 108 #
Motion for a resolution
Paragraph 14 a (new)
Paragraph 14 a (new)
14a. Concludes that the enhancement of EIB financing instruments is no replacement for structural reforms, sound macroeconomic policies and fiscal consolidation;
Amendment 109 #
Motion for a resolution
Paragraph 14 a (new)
Paragraph 14 a (new)
14a. Calls on the EIB to increase its risk- taking capacity by promoting lending towards those sectors of the economy which have the potential to generate growth and jobs but have difficulties in obtaining financing without proper guarantees;
Amendment 116 #
Motion for a resolution
Subheading 2 a (new)
Subheading 2 a (new)
Small and medium sized enterprises
Amendment 117 #
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15a. Welcomes the increased support for SMEs in the European Union which amounted to EUR 21.9 billion, thus providing access to financing for more than 230.000 SMEs;
Amendment 119 #
Motion for a resolution
Paragraph 15 b (new)
Paragraph 15 b (new)
15b. Calls on the EIB to further increase its lending capacities to SMEs; stresses the importance of strengthening other EIB instruments, such as the European Progress Microfinance Facility;
Amendment 120 #
Motion for a resolution
Subheading 2 b (new)
Subheading 2 b (new)
Infrastructure
Amendment 121 #
Motion for a resolution
Paragraph 15 c (new)
Paragraph 15 c (new)
15c. Stresses that investment in large infrastructure projects is key to improving competitiveness and restoring growth and jobs in Europe; calls therefore on deployment of EIB financing towards the areas mostly affected by high unemployment; points out that EIB financing should focus primarily to those countries which lag behind in terms of infrastructure quality and development;
Amendment 122 #
Motion for a resolution
Subheading 2 c (new)
Subheading 2 c (new)
Research and innovation
Amendment 123 #
Motion for a resolution
Paragraph 15 d (new)
Paragraph 15 d (new)
15d. Welcomes the launch of the first Growth Financing Initiative (GFI) operations that aim at developing the mid- cap client group; stresses the importance of adequate financing for innovative start- ups;
Amendment 124 #
Motion for a resolution
Paragraph 15 e (new)
Paragraph 15 e (new)
15e. Calls on the EIB to further extend lending capacities towards innovative start-ups and SMEs;
Amendment 125 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. UrgesCalls on the EIB to fully implement its newensure a proper implementation of its energy lending criteria and to publiceriodically report on their implementation;
Amendment 127 #
Motion for a resolution
Paragraph 17
Paragraph 17
Amendment 132 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Welcomes the EIB’s first steps towards a shift to renewable energy and the reduction of lending to the coal sector; points out that this shift should be done in a way that takes into account the different degrees of development of the Member States' economies; calls for the rectification of regional imbalances in renewable energy lending and for more attention to be paid in the future to smaller- scale, off-grid decentralised renewable energy projects involving citizens and communities;
Amendment 137 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Calls on the EIB to significantly increase its lending volume to energy efficiency projects in all sectors, notably where relating to process optimisation, SMEs, buildings and the urban environment;
Amendment 140 #
Motion for a resolution
Paragraph 20
Paragraph 20
Amendment 148 #
Motion for a resolution
Paragraph 21 a (new)
Paragraph 21 a (new)
21a. Points out that the geographical distribution of the financing provided by the EIB reveals significant discrepancies between lending to various Member States; calls therefore on the EIB to assess the reasons for such discrepancies and to ensure that financial institutions in all Member States are fully capable of managing and implementing EIB programmes; furthermore calls on specific information campaigns in all Member States with the aim to raise awareness about EIB specific programmes; furthermore calls on a stronger cooperation between the EIB and national authorities in order to address the bottlenecks that hinder the signing and implementation of EIB projects;
Amendment 153 #
Motion for a resolution
Paragraph 23
Paragraph 23
23. Stresses thatWelcomes the ongoing transparency policy review represents a unique chance to end the EIB’s culture of secas well as other initiatives taken in order to improve transparency, and urges; calls on the EIB to operate on the basis of the ‘presumption of disclosure’ rather than the ’presumption of confidentiality’, since this will considerably reduce the list of disclosure exemptions;
Amendment 156 #
Motion for a resolution
Paragraph 24
Paragraph 24
24. Calls on the EIB to refrain from cooperation with financial intermediaries having a negative track record in terms of transparency, fraud, corruption or environmental and social impacts or with no substantial local ownership; highlights the need for more comprehensive transparency regarding global loans, since the current very limited disclosure possibilities do not permit rigorous scrutiny of the impact of this type of indirect lending;
Amendment 164 #
Motion for a resolution
Paragraph 27
Paragraph 27
Amendment 169 #
Motion for a resolution
Paragraph 28
Paragraph 28
28. Recalls that the external policy of the EIB, and in particular the regional technical operational guidelines, should be consistent with the external action goals of the UE as defined in Article 21 TEU; calls for full respect of the legislation, and in particular the environmental and social standards, of the beneficiary countries;
Amendment 170 #
Motion for a resolution
Paragraph 28 a (new)
Paragraph 28 a (new)
28a. Calls on the EIB, in the light of the current geopolitical developments in the region, to assess the possibility of increasing external financing towards EU's Eastern neighbourhood within the current mandate;