6 Amendments of Dario TAMBURRANO related to 2015/2106(INI)
Amendment 7 #
Draft opinion
Paragraph 1
Paragraph 1
1. Welcomes the opening ofNotes the consultation on the Capital Markets Union, and underlines the need to learn lessons from the crises in order to enhance market stability and facilitate non- bank financing of the economy; believes that this initiative, by widening access to funding for the real economy and unlocking productive investment, can be an important tool to get Europe back on track fortowards reindustrialisation and socially and environmentally balanced and compatible economic gprowthsperity;
Amendment 19 #
Draft opinion
Paragraph 2
Paragraph 2
2. Stresses the need to take into account the wider global context; calls for a set of measures to improve the investment climate, attracting capital flows into the EU's real economy and restoring the international competitiveness of the Union;
Amendment 29 #
Draft opinion
Paragraph 3
Paragraph 3
3. Welcomes the envisaged diversification of funding channels, which should be complementary to the existing ones and promote instruments which have proved their usefulness; deplores, in this connection, the uncontrolled proliferation of non- transparent and partially or wholly worthless financial instruments, such as securitised non-performing loans and derivatives, and the excesses of financial engineering, and calls for the introduction of public policies that will prevent any repetition of the costly mistakes made in the recent past, which have caused serious damage to the real economy, in particular to small and medium-sized businesses, weakened public finances and seriously undermined countries’ capacity to conduct proper industrial and research policies; underlines the need to reduce administrative burdens and foster the application of the principles of proportionality, coherence and practicability in EU legislation, in the interests of efficient, liquid and cost- effective capital markets;
Amendment 45 #
Draft opinion
Paragraph 4
Paragraph 4
4. WelcomNotes the launch of consultations on the review of the Prospectus Directive and the efforts being made to removvise rlegulatory barriers toal safeguards for access to securitisation; underlines, in particular, the need to open up financial markets to SME, which must be restricted to financial instruments of proven quality and must meet stringent transparency requirements; underlines, in particular, the need to open up financial markets to SMEs, which must be given the support they need for informed access to those markets; supports broadening the funding options available for SMEs; calls for improvedspecifically for SMEs, which are of ac cess to long-term financing and for the development of a pan- European private placement market promoting venture capital, as well asntral pillar of Europe's economy, including alternative instruments, such as peer-to-peer lending and crowdfunding, which must be properly regulated;
Amendment 69 #
Draft opinion
Paragraph 6
Paragraph 6
6. Underlines the importance of comprehensive and cross-sectional impact assessments which take systematic account of all externalities associated with the activities being assessed, and calls on the Commission to undertake detailed consultations on matters of concern to all stakeholders and to ensure the coherence of the delegating and implementing acts.
Amendment 72 #
Draft opinion
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Points out that substantial public funding needs to be made available in view of the scale and long-term nature of the measures regarded as essential in order to give a new, balanced impetus to economic activities such as digital and energy infrastructure projects, ambitious research and development programmes and strategic industrial transformation and innovation programmes. (This amendment is intended as a new paragraph 7.)