Activities of Nicola CAPUTO related to 2016/2302(INI)
Plenary speeches (1)
The right funding mix for Europe’s regions: balancing financial instruments and grants in EU cohesion policy - Future perspectives for technical assistance in cohesion policy (debate) IT
Amendments (7)
Amendment 25 #
Draft opinion
Paragraph 4
Paragraph 4
4. Is alarmed by the significant delays in the implementation of the programmes; urges the Member States to tackle promptly all causes of delay, particularly late designation of managing authorities, in order to avoid a repetition of the accumulated backlog of unpaid invoices in the second half of the current MFF, which could seriously impact other EU-funded policies as well; recalls the fact that delays in the 2007-2013 period contributed irreversibly to sub-optimal performance of ERDF and ESF financial instruments; emphasises that all necessary steps should be taken to mitigate the negative effects of delayed implementation, especially regarding the risk of limited use and impact;
Amendment 27 #
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Welcomes the Commission’s actions in optimising regulation; emphasises that, despite the improvements, complexity still exists and issues such as the long set-up time and the administrative burden for recipients are disincentives to use financial instruments; calls on the Commission to work closely with the EIB and the EIF to make access to ESI Funds microcredit, loans, guarantees, equity and venture capital as easy as using grants;
Amendment 32 #
Draft opinion
Paragraph 5
Paragraph 5
5. Points to the challenges that FIs represent for democratic control, timely and transparent reporting and accountability; emphasises that further harmonisation is needed for the rules that concern combining different ESI Funds, as well as for the rules that concern the funding mix of ESI Funds and instruments such as Horizon 2020 and EFSI; believes that the revision of the Financial Regulation and the ‘omnibus regulation’ could provide an opportunity to streamline the reporting on FIs and thus provide a better basis to assess additionality and complementarity between different forms of EU support, particularly between cohesion funds and the European Fund for Strategic Investments (EFSI).
Amendment 36 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Notes that the European Investment Bank (EIB) has started working with a number of lenders in certain Member States to promote generational turnover in the agricultural sector; calls on EIB national contacts to activate financial instruments already in place to facilitate access to credit for young farmers;
Amendment 38 #
Draft opinion
Paragraph 2 b (new)
Paragraph 2 b (new)
2b. Underlines the importance of informing farmers better about the European Investment Bank's key role in supporting and developing the rural economy and how to benefit from innovative financial instruments ;
Amendment 40 #
Draft opinion
Paragraph 2 c (new)
Paragraph 2 c (new)
2c. Calls for the establishment by the EIB of a multi-regional investment platform for agriculture eligible for Rural Development Programme (RDP) funding, which could subsequently leverage additional public and private funding and enhance the impact of EAFRD funding;
Amendment 48 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Regrets the low use of the crisis reserve, which is mainly due to budgetary rules, in particular the annuality rule, and to the discretion that the Commission enjoys when it comes to releasing funds from the reserve; calls, therefore, for the crisis reserve to be constituted outside the EU budget and for it to serve as source of funding for crisis management tools ;