3 Amendments of Rosa D'AMATO related to 2015/2011(BUD)
Amendment 1 #
Draft opinion
Paragraph 1
Paragraph 1
1. SDoes not supports the Commission's proposal on the DAB 1/2015, which proposes the provisioning of a guarantee fund and possible calls on a EUnion guarantee, as well as the budgeting of appropriations for the provision of advisory support, in line with the legislative proposal for a Regulation of the European Parliament and of the Council on the European Fund for Strategic Investments (EFSI); deems that the rationale of the entire Regulation of the European Parliament and of the Council on the European Fund for Strategic Investments (EFSI), and the instruments proposed, are not only unable to fulfil the objectives therein stated but also potentially detrimental to the social, economic and territorial cohesion of the Union;
Amendment 5 #
Draft opinion
Paragraph 2
Paragraph 2
2. Reiterates the role of the Union budget in creating added value by pooling resources andbut expresses its concern regarding its contributiong to the multiplying effect of Union spending; does not supports the mobilisation of additional sources of private and public finance to fund investment on goals of a European dimension, in particularnotably by addressing cross- border challenges in areas such aslike energy and transport infrastructure;
Amendment 10 #
Draft opinion
Paragraph 4
Paragraph 4
4. Emphasises, however, the need to ensure transparency, accountability and scrutiny for financial instruments or any other mechanisms that involve the EUnion budget, and in particular the EFSIdeeply regrets that these issues have not been taken duly into consideration in the whole EFSI Regulation; recalls the need for thorough and regular assessment of the functioning of such instruments and their contribution to the achievement of the Union strategy for smart, sustainable and inclusive growth;