Activities of Renato SORU

Ho votato favorevolmente a questo progetto di risoluzione perché considero la promozione del mercato del lavoro un fattore fondamentale nell'ottica di una crescita intelligente e inclusiva, accompagnata dalla creazione di occupazione sostenibile. È infatti necessario che l'Unione promuova la partecipazione attiva di tutti i cittadini alla vita economica sociale e culturale e che vengano posti in atto tutti gli accorgimenti necessari al fine di evitare l'esclusione e la discriminazione migliorando la produttività, le performance di crescita e la coesione sociale.Il mio voto positivo è a supporto delle politiche intese ad agevolare e investire nella creazione di posti di lavoro sostenibili, accessibili e che permettano di sviluppare pienamente il potenziale dei settori orientati al futuro, come le economie verde e circolare, il settore dell'assistenza e il settore digitale, attraverso meccanismi che tengano conto delle differenze nei livelli di competenze e delle divergenze nelle prestazioni economiche tra regioni, settori e imprese.

2016/11/22

Il mio voto è a favore di questa risoluzione, in linea con l'affermazione che i valori fondamentali europei condivisi, sanciti dall'articolo 2 del TUE, come il rispetto della dignità umana, la libertà, la democrazia, l'uguaglianza e i principi del pluralismo, non debbano essere dati per scontati e debbano essere costantemente coltivati e protetti.Concordo sull'evidenza per cui molte organizzazioni della società civile (OSC) continuano a promuovere questi valori, nonostante crescenti difficoltà nel garantire i finanziamenti necessari per sviluppare le loro attività, in modo indipendente ed efficace. Ritengo sia evidente la necessità che l'UE sviluppi modi nuovi ed efficaci per proteggere e promuovere tali valori all'interno dell'Unione, fornendo un sostegno finanziario mirato a livello locale e nazionale e istituendo uno strumento di finanziamento gestito dalla Commissione, dedicato all'interno del Bilancio dell'UE, nell'ambito del prossimo quadro finanziario pluriennale post-2020.Lo strumento dovrebbe mirare specificamente a progetti di partecipazione civica, mentre le iniziative transnazionali dovrebbero svolgere solo un ruolo sussidiario, al fine di permettere la costruzione della capacità delle organizzazioni della società, per accrescere la comprensione pubblica della democrazia pluralistica e partecipativa dello stato di diritto e dei diritti fondamentali.

2016/11/22

Ho votato a favore del rapporto sulla competizione del collega Tremosa i Balcells. Ogni anno il Parlamento è chiamato a valutare l'andamento delle politiche messe in atto nella nostra Unione per assicurare il corretto funzionamento della concorrenza e, più in generale, del mercato interno. Come sappiamo, il tema è cruciale, anche se molto spesso è complicato definire con certezza la legittimità o meno di taluni aiuti di Stato.Sono soddisfatto che il rapporto annuale che votiamo oggi menzioni la situazione delle isole e che sottolinei in modo esplicito il fatto che gli aiuti di Stato possano essere utili per superare il gap dei territori insulari e periferici in settori strategici come quello dei trasporti e dell'energia.Infine, accolgo con favore l'enfasi posta sul concetto di connettività: essa rappresenta un elemento importante per garantire livelli soddisfacenti di sviluppo economico e sociale alle aree insulari e periferiche della nostra Unione.

2016/11/22

Ho votato a favore della relazione sul prossimo quadro finanziario pluriennale perché ritengo che sia essenziale continuare in modo costruttivo su quanto creato dall'Unione europea. Per questo motivo sono convinto che le discussioni dei prossimi anni avverranno in chiave positiva e porteranno ad un risultato favorevole ai cittadini dell'Unione.L'unico mezzo per garantire questo risultato è un quadro finanziario che sostenga gli sforzi europei di crescita, sostenibilità ed equità, che cresca, ma che porti anche ad una migliore e più efficiente distribuzione delle risorse. Un altro aspetto fondamentale, sul quale mi sono concentrato nella risoluzione riguarda la questione delle risorse proprie, per essere in grado di intervenire in maniera equa, l'Unione europea deve essere maggiormente indipendente dai cambiamenti nei bilanci statali e deve quindi poter contare su delle risorse gestite direttamente e per le quali venire maggiormente responsabilizzata.

2016/11/22

Il mio voto favorevole alla relazione d'iniziativa sulle risorse proprie è dovuto alla necessità di dotare progressivamente l'Unione europea di un sistema che garantisca un solido finanziamento delle sue politiche senza che questo dipenda in modo preponderante dai contributi dei singoli Stati membri che, attualmente, rappresentano invece i principali finanziatori.Ritengo che una riforma in tal senso, maggiormente orientata all'integrazione europea, sia quindi auspicabile e penso che il rapporto d'iniziativa rappresenti un primo passo. La necessità di cambiare le cose è dovuta al ruolo di attore globale che credo la nostra Unione debba assumere in modo sempre più marcato. Politiche efficaci hanno bisogno di strumenti finanziari incisivi che permettano una migliore protezione dei cittadini europei rispetto alle sfide in corso e che garantiscano una più rapida convergenza fra i diversi territori dell'Unione.

2016/11/22

Ho votato a favore della relazione del collega Bayet relativa all'Analisi annuale della crescita per il 2018 che la Commissione europea ha presentato qualche mese fa. Questo documento è molto importante per gli input che fornisce al processo di coordinamento delle politiche economiche proprio del Semestre europeo.Ho contribuito alla relazione del collega con la presentazione di diversi emendamenti in Commissione ECON perché ritengo che si debba porre una forte attenzione agli aspetti sociali del Semestre. Sono ancora troppe le disuguaglianze all'interno della nostra Unione ed è necessario agire in modo più incisivo. Bene ha quindi fatto il collega a citare alcuni di questi punti nella relazione e spero che i passi successivi del ciclo di coordinamento delle politiche economiche degli Stati membri seguano la direzione che è stata segnata.Il Parlamento europeo, con le sue funzioni di controllo, è chiamato a giocare un ruolo decisivo e dovrà collaborare con i diversi attori coinvolti per rendere efficaci le azioni che saranno intraprese.

2016/11/22

La relazione annuale sulle attività finanziarie della Banca europea per gli investimenti, sulla quale ho espresso voto favorevole, riconosce l'importanza strategica di questo istituto finanziario nel sostegno all'economia reale degli Stati membri e nel perseguimento di una maggiore convergenza economica e sociale fra i diversi territori della nostra Unione. Innovazione, PMI, infrastrutture, ambiente, clima e coesione: questi temi sono cruciali per il futuro e quindi bene ha fatto il Parlamento a richiamarne l'importanza anche in questa risoluzione.Penso anche che la collaborazione fra la Banca europea degli investimenti e le autorità nazionali e locali debba essere più proficua ed efficace per rendere tangibili i benefici delle attività di investimento portate avanti dalla BEI a favore delle comunità, soprattutto quelle più piccole. In quest'ottica, il tema della comunicazione è rilevante: sono contento quindi che la risoluzione ricordi che ci sia ancora tanto da fare in questa direzione affinché i potenziali beneficiari siano sensibilizzati sui progetti e sugli strumenti di finanziamento che possono apportare miglioramenti significativi del livello di benessere generale.

2016/11/22

Ho votato a favore della risoluzione del collega Fernández relativa alla relazione annuale della Banca centrale europea per il 2016 alla quale ho anche contribuito in Commissione ECON con alcuni emendamenti. Queste risoluzioni permettono al Parlamento non soltanto di esercitare il proprio ruolo di controllo nei confronti della BCE, ma anche di fare ulteriori valutazioni di ampio respiro sull'andamento della politica monetaria in atto e del suo supporto alle politiche economiche.Credo che, nel fare questo, la risoluzione del collega abbia due meriti. In primo luogo, si sottolinea la necessità che l'azione della BCE contribuisca a sostenere le politiche generali dell'Unione europea e non ponga soltanto l'accento sul raggiungimento della stabilità dei prezzi, suo obiettivo primario, ma non esclusivo. In secondo luogo, si richiama l'attenzione sul ruolo di intermediazione creditizia del sistema bancario europeo a favore dell'economia reale. Il richiamo alle PMI e al rafforzamento dell'Unione dei mercati dei capitali vanno nella giusta direzione.Complessivamente, ritengo che quanto fatto dalla BCE in questi anni abbia contribuito in modo incisivo alla ripresa economica in atto. La sua azione, tuttavia, non è sufficiente, ma deve essere accompagnata dall'attivazione degli strumenti e dei meccanismi che, a livello nazionale, ma soprattutto europeo, favoriscano l'integrazione e il coordinamento delle politiche economiche.

2016/11/22

Ho votato a favore dell'estensione del programma statistico europeo perché come politico sono cosciente dell'importanza di avere accesso a dei dati affidabili ed aggiornati provenienti da una fonte sicura. Per prendere delle decisioni corrette, specialmente in momenti importanti per il futuro dell'Europa, una delle necessità di base è quella di continuare a sviluppare questo programma, possibilmente espandendolo in futuro ad ulteriori ambiti.

2016/11/22

Annuncio il mio voto favorevole a questa iniziativa legislativa per il ruolo strategico che l'imprenditoria sociale e innovativa riveste nel contesto economico. È quindi giusto che queste aziende possano avere accesso ai finanziamenti necessari per ampliare e consolidare le loro attività. L'attenzione che è conferita a questa categoria di imprese rappresenta un elemento rilevante perché ne valorizza il ruolo e cerca di facilitare l'accesso a risorse che spesso, anche a causa delle ridotte dimensioni delle aziende, è causa di elevati costi operativi e causa l'impossibilità di rafforzare la presenza nei settori industriali di riferimento. Quanto approvato oggi rappresenta un ulteriore passo verso il conseguimento dell'Unione dei mercati dei capitali, coerentemente con il dibattito attuale che riguarda il rafforzamento dell'integrazione economica e monetaria del nostro Continente.

2016/11/22

Il mio voto favorevole alla presente risoluzione del Parlamento è motivato da diversi elementi. Non si può innanzitutto negare la portata storica che il programma Erasmus ha avuto negli ultimi trent'anni su circa nove milioni di europei. Per loro l'Erasmus ha rappresentato un'esperienza di apertura, conoscenza reciproca, condivisione e scambio culturale nel nome dei valori comuni che rende il nostro continente unito nella diversità.Credo che se vogliamo contribuire a creare una futura comunità di cittadini veramente europea, slegata sempre di più da egoismi nazionali che in passato hanno provocato profonde ferite nel Vecchio Continente, sia doveroso potenziare e ampliare la portata di questo programma: ritengo che la risoluzione votata oggi vada in questa direzione e apprezzo particolarmente l'enfasi posta sull'innovazione e lo sviluppo delle cosiddette soft skills come la creatività, l'imprenditorialità e il pensiero critico.Agire su queste leve permetterà ai cittadini europei, specialmente quelli più giovani, di essere resilienti in un contesto economico e sociale sempre più mutevole.

2016/11/22

Ho votato a favore del documento presentato dai colleghi Dlabajová e Nekov relativo all'agenda sulle nuove competenze per l'Europa. Ritengo che il tema affrontato sia molto importante per diversi motivi. In primo luogo, credo fermamente che l'istruzione sia uno strumento che permetta la riduzione delle disuguaglianze e il perseguimento di una maggiore inclusione sociale. La politica ha il dovere di investire nel miglioramento delle competenze dei cittadini: questa è stata una delle linee guida dell'esperienza che ho avuto al governo della mia regione e sono soddisfatto che anche in Europa l'educazione rivesta un ruolo strategico. L'approccio proposto dal rapporto che abbiamo votato ha il pregio di riconoscere la dinamicità delle competenze in un mondo del lavoro in continua evoluzione e conferisce importanza alle azioni in favore dei cosiddetti NEET. Ancora troppe persone infatti, soprattutto in certe aree dell'Unione europea, né studiano né lavorano e rappresentando quindi un gruppo svantaggiato al quale è dato giusto rilievo nel rapporto votato oggi.

2016/11/22

Ho votato a favore dell'utilizzo del fondo di solidarietà per fornire assistenza a Abruzzo, Lazio, Marche e Umbria perché ritengo che l'Unione europea, se vuole rappresentare tutti i cittadini e gli Stati che la compongono debba innanzitutto continuare a supportare i propri Stati membri in difficoltà.La mobilitazione del fondo di solidarietà in casi di eventi disastrosi come quello avvenuto in Italia è naturale, ma non scontata conseguenza dello Spirito europeo e come tale ha il mio completo supporto.

2016/11/22

Ho votato a favore della proposta riguardante le emissioni di gas serra, che trovo importante tanto più in chiave dell'avvicinarsi della COP 23 a Bonn, perché ritengo necessario che l'Europa continui a fare sempre di più nell'ambito della sostenibilità.Lo strumento proposto rientra all'interno di un miglioramento e incentivo dell'utilizzo intelligente dell'agricoltura e silvicoltura in chiave verde e lo considero un valido passo in avanti per una leadership europea nella sostenibilità.

2016/11/22

Ho votato a favore della risoluzione dei colleghi Bullmann e Fernandes, perché sono convinto dell'importanza del Fondo europeo per gli investimenti strategici come strumento necessario per contribuire alla ripresa economica, che si sta manifestando attualmente, nel nostro Continente. Proprio per queste ragioni, accolgo con favore le osservazioni contenute nel documento che abbiamo votato e sono sicuro che, contribuiranno al miglioramento dell'efficacia di questo strumento, anche nell'ottica della sua probabile estensione futura.Vorrei brevemente richiamare, ad esempio, la centralità del concetto di addizionalità: il monitoraggio attento dei progetti è cruciale, per valutare effettivamente quanto essi contribuiscano a superare eventuali fallimenti di mercato e quindi, a creare un reale valore aggiunto, per il territorio e per le comunità, in cui sono implementati. La mancata efficacia di questo elemento, farebbe perdere all'EFSI, quella forza di propulsione che ha l'indubbio vantaggio di favorire la crescita degli investimenti provenienti dal settore privato. Sono sicuro che questa risoluzione rappresenta un contributo concreto alla discussione che le istituzioni stanno proficuamente portando avanti, per l'ampliamento e per l'estensione di EFSI sino al 2020.

2016/11/22

Ho votato a favore di questo rapporto sull'economia collaborativa, perché ne conosco le potenzialità e i rischi. Si tratta di un settore in crescita rapidissima negli ultimi dieci anni, che ha portato e porterà, dei grandi cambiamenti, nelle vite dei cittadini europei.Il rapporto in questione mantiene un buon equilibrio tra la giusta necessità di mantenere l'Unione Europea in un ruolo di protagonista, aiutando quindi le aziende del settore a crescere e quella, di proteggere cittadini e lavoratori, nell'utilizzo di tali servizi.Lo sviluppo delle tecnologie digitali ha permesso l'accesso a servizi impensabili pochi anni fa. Questa è un'opportunità enorme che l'Europa deve cogliere, assicurando una competizione giusta e un ambiente regolatorio, equo tra gli Stati membri.Inoltre, come in tutti i casi di innovazione radicale, l'economia collaborativa colpirà dei settori preesistenti. In questo senso, anche con la mia attività in commissione mercato interno, sono intervenuto perché gli Stati membri inizino a preparare delle strategie di supporto e riformazione per i lavoratori coinvolti.

2016/11/22

Ho votato a favore del rapporto sulle piattaforme, perché ritengo che l'Europa stia facendo fatica a competere in questo settore. Di tutte le aziende digitali più grandi del mondo, solo una ridotta minoranza ha le proprie sedi in Europa, mentre la stragrande maggioranza si trova negli USA.Ritengo che il ritardo nell'adozione e supporto alla creazione di piattaforme digitali europee sia rischiosa e che debba venire affrontata seriamente. Per questo la relazione, sottolinea la necessità di creare le condizioni, perché l'Unione europea torni protagonista.Questo significa aumentare la trasparenza e la qualità della competizione, chiarendo le regole a cui devono sottoporsi gli intermediari e semplificando l'accesso a mercati e finanziamenti.Rafforzare la competizione del settore vuole anche dire migliorare i servizi ai cittadini e fornire competenze a chi vuole entrare nel mercato.In futuro la rete e i servizi digitali continueranno a crescere. Trovo che sia nostro dovere, fare tutto il possibile, perché questo succeda in Europa.

2016/11/22

Ho votato convintamente a favore della proposta di regolamento del Parlamento europeo e del Consiglio, relativo alle riduzioni annuali vincolanti delle emissioni di gas a effetto serra, a carico degli Stati membri, nel periodo 2012-2030. Credo si tratti anzitutto di onorare gli impegni assunti a seguito della conclusione dell'Accordo di Parigi, approvato dal Parlamento europeo il 4 ottobre 2016, ratificato dal Consiglio europeo il 5 ottobre 2016, ed entrato ufficialmente in vigore il 4 novembre 2016.L'Europa è chiamata a rispondere in maniera unitaria, alla grande sfida dei cambiamenti climatici, facilitando il processo di transizione verso l'energia pulita e coinvolgendo, anche attraverso premialità, le piccole e medie imprese, in punto di convergenza, verso piano industriali sostenibili ed in linea con gli indirizzi e gli obiettivi di cui al presente regolamento. La riduzione delle emissioni di CO2 dei veicoli stradali, il tema delle prestazioni energetiche nel settore edile, l'incentivo all'utilizzo di fonti rinnovabili e sempre maggiori investimenti sul clima, rappresentano gli obiettivi principali che l'Europa e gli Stati membri devono perseguire con determinazione e lungimiranza.

2016/11/22

Ho votato a favore di questo provvedimento in quanto ritengo fondamentale, nella creazione di un'Unione Europea più forte e più unita, la possibilità di muoversi e comunicare liberamente al suo interno. La questione delle tariffe di roaming ha sempre rappresentato un limite al movimento dei cittadini ed è giustamente stata al centro delle attività delle istituzioni. Oggi finalmente chiudiamo un lungo processo nel modo migliore, assicurando a tutti un trattamento più equo.

2016/11/22

Lo scorso 29 marzo il Regno Unito ha ufficialmente comunicato la sua intenzione di uscire dall'Unione europea, attivando un processo negoziale con importanti conseguenze per i cittadini e per le imprese. Tale processo dovrà essere quanto più ordinato possibile e dovrà costituire l'occasione per rafforzare i valori alla base dell'Unione europea, dando nuova linfa all'integrazione comunitaria.Per queste ragioni, ho votato a favore della risoluzione del Parlamento, che stabilisce i principi alla base dei futuri negoziati con il Regno Unito. Questo processo non solo dovrà essere improntato a criteri di leale collaborazione e trasparenza, ma dovrà anche garantire la certezza e la stabilità del diritto.

2016/11/22

Ho votato a favore della risoluzione perché credo che l'immigrazione sia una delle sfide più importanti per l'Europa. L'UNHCR ha stimato che nel 2015 65,3 milioni di persone sono state obbligate a emigrare dal proprio paese d'origine per conflitti e violenze. Nello stesso anno si è registrato un incremento dei rifugiati di oltre il 50%.Di fronte a tale sfida, l'Europa ha l'obbligo di creare una politica comune, fondata sulla tutela della dignità umana e sul principio di solidarietà tra gli Stati membri nella ripartizione degli oneri come risposta alle situazioni di emergenza. L'Europa non può affrontare i fenomeni migratori solo in reazione alle emergenze. Dobbiamo individuare una strategia futura di ampio respiro. In tale contesto, concordo nel ritenere indispensabile il rafforzamento dei partenariati, della cooperazione internazionale e della politica europea di vicinato e ogni altro strumento in grado di mitigare i fattori di spinta dei flussi migratori.

2016/11/22

Gli attacchi terroristici compiuti negli ultimi due anni in Europa hanno fatto emergere drammaticamente la necessità di rafforzare gli sforzi intesi a prevenire e combattere, a livello europeo, le nuove forme di terrorismo.Per questo, ho votato a favore della direttiva che aggiorna le norme europee, sulla lotta al terrorismo, risalenti al 2002, permettendo di affrontare in particolare le nuove minacce rappresentate da combattenti stranieri e lupi solitari.Le nuove regole prevedono infatti la perseguibilità penale per gli atti preparatori di attentati, quali viaggi all'estero per aderire a un gruppo terroristico e il ritorno nell'UE, reclutamento ai fini di terrorismo, incitamento pubblico e il finanziamento del terrorismo, anche quando perpetrati via internet.Per non lasciare da sole le vittime di eventi terroristici e le loro famiglie, la nuova direttiva prevede poi specifiche misure di supporto, come il supporto immediato in caso di attacchi per ritrovare familiari colpiti, assistenza medica-psicologica adeguata e consulenza su questioni legali.Per prevenire efficacemente la radicalizzazione e il reclutamento a fini terroristici serve un approccio globale a lungo termine, che combini alle misure di giustizia penale adeguate politiche in materia di istruzione, inclusione sociale e integrazione, oltre a programmi efficaci di deradicalizzazione per i soggetti interessati.

2016/11/22

Quasi un decennio dopo la firma del Trattato di Lisbona, che ha modificato in modo significativo i trattati europei, molte delle sue disposizioni innovatrici sono rimaste del tutto o raramente applicate, quando invece potrebbero migliorare la capacità dell'Unione nell'affrontare le molteplici sfide attuali.Per questo ho votato a favore della relazione Bresso-Brok che, partendo da questa constatazione, suggerisce come sfruttare meglio le potenzialità del trattato di Lisbona per un funzionamento più efficace dell'UE e delle sue politiche.Insistendo sulla necessità di preferire soluzioni comuni europee all'azione unilaterale degli Stati e con l'obiettivo di rendere più trasparente il processo democratico UE per ristabilire la fiducia dei cittadini, la relazione chiede il rafforzamento del ruolo di controllo del Parlamento europeo sulla Commissione, con un maggiore ricorso all'iniziativa legislativa, e una riforma del funzionamento del Consiglio.Mi pare cruciale, inoltre, il riferimento all'inclusione di una vera dimensione sociale nell'approfondimento dell'Unione economica e monetaria. In materia di immigrazione, sostengo la necessità di creare una politica e un sistema di asilo comune basati su solidarietà e non-discriminazione che preveda l'equa redistribuzione dei richiedenti asilo nell'UE e la riforma del regolamento Dublino, affrontando inoltre le cause dell'immigrazione irregolare.

2016/11/22

Fin dal giugno del 2014, all'Albania è stato ufficialmente riconosciuto lo status di paese candidato all'ingresso nell'Unione europea. In questi ultimi due anni sono state diverse le riforme strutturali portate avanti dal governo e dal Parlamento albanesi, non ultima la recente riforma del sistema giudiziario che rappresenta un importante passo in avanti nell'ottica della modernizzazione, efficienza e trasparenza di una parte importante dell'amministrazione pubblica albanese.Tuttavia, un settore in cui sono necessari ulteriori sforzi è la lotta alla corruzione, il cui livello resta alto in numerose regioni del paese, mentre le istituzioni preposte a contrastare questo fenomeno sono ancora soggette a ingerenze politiche e capacità amministrative limitate.Il prossimo giugno si terranno in Albania le elezioni politiche, che rappresenteranno un importante test sulla maturità della democrazia albanese nell'ottica di avvicinamento all'Unione europea. Per tali ragioni, e nell'auspicio che il paese prosegua lungo la strada tracciata, ho espresso il mio voto favorevole alla relazione 2016 sull'Albania nel quadro del processo di adesione all'UE.

2016/11/22

Ho votato a favore della relazione con cui il Parlamento accoglie positivamente la richiesta di adesione all'UE della Bosnia-Erzegovina, presentata nel 2016, sottolineando l'importanza della cooperazione interna nella conduzione del processo di avvicinamento alla candidatura per entrare nell'Unione.La Bosnia-Erzegovina ha mostrato un notevole impegno nell'attuazione dell'ampio programma di riforme sociali ed economiche annunciato nel 2015, che deve restare la priorità del paese per offrire a tutti i cittadini miglioramenti concreti del livello di vita, in una società inclusiva e democratica.Parallelamente alle riforme positive previste, la relazione esorta la Bosnia-Erzegovina ad intervenire concretamente nella lotta alla corruzione, nel miglioramento del sistema politico ed elettorale e nella trasparenza del settore pubblico, che restano settori critici.Inoltre ritengo che il processo di avvicinamento all'adesione intrapreso dal paese balcanico e il sistema di valutazione che ne risulta possano essere uno strumento significativo per la Bosnia-Erzegovina per provare che è uno Stato funzionante, basato sullo stato di diritto, sull'uguaglianza e sulla rappresentanza di tutti i suoi cittadini, e per proseguire sulla strada positiva intrapresa.

2016/11/22

Ho votato a favore della relazione sull'analisi annuale della crescita nell'ambito del Semestre europeo per il coordinamento delle politiche economiche che individua gli interventi necessari che l'UE, in collaborazione con gli Stati membri, dovrebbe porre in essere al fine di attuare una "politica per la crescita" stabile e duratura.Se gli assi portanti della politica economica futura dell'Unione sono rappresentati da investimenti, riforme strutturali e politiche di bilancio credo sia necessario discutere su come trovare la miglior formula che garantisca un corretto equilibrio tra di essi. Per quanto concerne gli investimenti, concordo sulla necessità di potenziare il fondo per gli investimenti strategici (FEIS) per raggiungere i progetti con un tasso di rischio elevato, attrarre investimenti privati e creare occupazione di qualità.Tuttavia una politica di investimenti pubblici con questi obiettivi non può essere "frenata" da eccessive rigidità contabili e finanziarie. Se è vero che bisogna incoraggiare negli Stati membri politiche di contenimento della spesa pubblica, ciò non può determinare, come accade con l'attuale funzionamento del patto di stabilità e crescita, vincoli di spesa su risorse immediatamente spendibili che potrebbero essere investite nei nostri territori, generando così nuove opportunità occupazionali e il rilancio dei consumi.

2016/11/22

Mi sono espresso a favore della relazione sugli aspetti occupazionali e sociali nell'ambito del Semestre europeo per il coordinamento delle politiche economiche, che fotografa la situazione occupazionale nell'Unione soffermandosi in maniera particolare sulla condizione delle giovani generazioni e sulla partecipazione delle donne al mercato del lavoro.È stato stimato che i cosiddetti NEET rappresentino attualmente un costo per l'UE pari a 153 miliardi di EUR all'anno, a fronte di un costo di 21 miliardi di EUR per la creazione e il sostegno dei regimi di garanzia per i giovani. Sono convinto della necessità di potenziare e prolungare lo strumento "Garanzia per i giovani" e che maggiore impegno debba essere indirizzato per favorire la transizione dalla scuola al mercato del lavoro.Occorre che l'istruzione, la formazione e l'acquisizione di nuove competenze, quali quelle digitali, rappresentino la priorità dell'agenda europea. Solo la necessaria connessione tra la cultura imprenditoriale, che nel testo occupa una parte importante in termini di incentivazione e sostegno, la formazione e la diffusione di nuovi saperi potrà permettere la creazione di nuovi e migliori posti di lavoro ed una ripresa occupazionale tale da garantire una crescita economica stabile e duratura.

2016/11/22

Il mercato unico europeo rappresenta per 500 milioni di cittadini e per le imprese europee uno strumento essenziale per creare nuove opportunità commerciali ed occupazionali e rafforzare la competitività industriale.Il potenziale di crescita e innovazione del mercato interno resta, tuttavia, ancora ampio per via di un'integrazione incompleta che richiede un rafforzamento della sua governance e la convergenza delle legislazioni nazionali. Per questo ho votato a favore della relazione, che chiede la creazione di un vero e proprio pilastro dedicato al mercato interno nell'ambito del Semestre europeo, il ciclo di coordinazione delle politiche economiche e di bilancio nei 28 Stati membri, che includa una dimensione sociale e permetta il monitoraggio e la valutazione dei risultati ottenuti dai singoli paesi.Il testo chiede, infatti, alla Commissione di integrare nelle raccomandazioni annuali per paese un sistema di monitoraggio dell'applicazione e del rispetto delle regole sul mercato interno, instaurando un dialogo con il Parlamento europeo sullo stato di avanzamento nell'attuazione delle raccomandazioni stesse, con specifico riferimento al funzionamento del mercato interno.Per sfruttarne le potenzialità nei settori-chiave per la crescita come servizi, merci e in quello digitale, occorre mettere in campo iniziative politiche ed economiche mirate a eliminare gli ostacoli che esistono ancora oggi.

2016/11/22

Ho votato oggi a favore della risoluzione con cui il Parlamento chiede alla Commissione di presentare una proposta legislativa finalizzata a stabilire una procedura accelerata per la valutazione, l'autorizzazione e la registrazione dei pesticidi biologici a basso rischio.Il ricorso ai pesticidi tradizionali è sempre più discusso dall'opinione pubblica e dalla scienza, per via degli effetti potenzialmente dannosi che tali sostanze potrebbero avere sulla salute delle persone e sull'ambiente. Allo stesso tempo, alcuni Stati limitano le possibilità di ricorrere a pesticidi a basso rischio, come quelli a base di microrganismi vegetali o di oli essenziali, considerati meno efficaci dal punto di vista fitosanitario e, per di più, difficilmente reperibili sul mercato.Per questo si rende necessaria una regolamentazione uniforme sull'approvazione di prodotti che potrebbero costituire un'alternativa ai pesticidi più controversi oggi in uso e concorrere a un'agricoltura più sostenibile e a una maggiore tutela della salute umana.

2016/11/22

Mi sono espresso a favore della risoluzione con la quale il Parlamento europeo chiede alla Commissione la presentazione in tempi rapidi di proposte legislative che garantiscano adeguata protezione agli informatori che denunciano frodi e corruzione a danno del bilancio e dei fondi europei.Per evitare che giornalisti investigativi, dipendenti pubblici o cittadini interessati siano soggetti a procedure giudiziarie per aver denunciato pubblicamente fatti di corruzione o usi distorti di fondi pubblici, è necessario un programma efficace di protezione degli informatori che stabilisca una protezione minima per coloro che aiutano a proteggere il bilancio europeo con le loro denunce.A tal fine, la risoluzione chiede l'istituzione di un organo europeo indipendente con uffici nei vari Stati membri, al quale gli informatori possano rivolgersi in modo sicuro per rivelare le informazioni di cui sono in possesso su possibili irregolarità a detrimento degli interessi finanziari dell'Unione.Poiché senza il ruolo fondamentale degli informatori non sarebbe possibile scoprire pratiche scorrette e illegali sull’uso dei fondi europei, ai quali tutti noi contribuiamo, ritengo importante sostenere la richiesta di un intervento legislativo che introduca un quadro di protezione uniforme per i cosiddetti whistle-blowers .

2016/11/22

Oggi ho votato a favore della proposta di mobilitazione del Fondo europeo di adeguamento alla globalizzazione a favore dei lavoratori in esubero di sei imprese attive nel settore del commercio al dettaglio nelle regioni di Drenthe e Overijssel (Paesi Bassi).Secondo i dati presentati a supporto della richiesta, il commercio al dettaglio ha particolarmente sofferto rispetto ad altri settori degli effetti della crisi finanziaria globale e dei mutati comportamenti di acquisto dei consumatori. Per questo alcuni grandi operatori di questo settore nelle due regioni dei Paesi Bassi hanno dichiarato fallimento negli anni scorsi.L'approvazione della richiesta consentirà dunque a 800 lavoratori dichiarati in esubero dalle sei imprese interessate di usufruire di percorsi individuali finalizzati al ricollocamento sul mercato del lavoro, mobilitando un contributo pari a 1,8 milioni di EUR.

2016/11/22

Mi sono espresso a favore della revisione del "consenso europeo" sullo sviluppo, la dichiarazione congiunta sulla politica di sviluppo dell'UE firmata nel 2005 dai presidenti di Commissione, Parlamento europeo e Consiglio, che ha definito, per la prima volta in cinquant'anni di cooperazione, il quadro dei principi comuni entro cui l'Unione e i suoi Stati membri realizzeranno le rispettive politiche di sviluppo in modo coordinato.Sebbene le nuove sfide globali come il cambiamento climatico e le migrazioni richiedano un nuovo slancio da parte dell'UE nella sua politica per lo sviluppo, la revisione di questo documento deve continuare a fondarsi sull'obiettivo di mettere al centro delle politiche europee e nazionali per lo sviluppo l'eliminazione della povertà e la lotta alle disuguaglianze.Per raggiungere questi obiettivi è essenziale dare attuazione agli Obiettivi di sviluppo sostenibile, includendo le dimensioni economica, sociale e ambientale dello sviluppo nel processo che porterà all'adozione del nuovo "consenso europeo" sullo sviluppo da parte delle tre istituzioni europee.Poiché l'Unione è il maggiore donatore di aiuti umanitari al mondo, è cruciale che la sua politica in materia di sviluppo sia sostenuta da una visione e da un approccio comune tra istituzioni e Stati membri per lo sviluppo sostenibile nel prossimo decennio.

2016/11/22

Preservare un adeguato livello di concorrenza è oggi sempre più importante in Europa, specialmente alla luce degli sviluppi tecnologici che stanno avendo un impatto profondo sulla nostra società.Da quando esiste l'economia digitale la minore rilevanza della presenza di infrastrutture fisse in un paese apre le porte alla concorrenza fiscale come anche alla creazione di nuove forme di monopolio. Per salvaguardare la capacità delle aziende europee di competere nel mondo e per permettere lo sviluppo di idee innovative è necessario assicurare una concorrenza equa, con pari accesso alle infrastrutture e ai consumatori.Ho votato a favore della relazione perché ritengo che l'Unione europea, da sempre molto attenta a preservare un sano livello di concorrenza in tutti i settori, debba continuare a sorvegliare con sempre maggiore attenzione in particolare gli sviluppi del mercato digitale.

2016/11/22

Per la prima volta il Parlamento europeo ha adottato una raccomandazione per suggerire al Consiglio le priorità da inserire nella posizione europea in vista della prossima sessione della Commissione ONU sullo status delle donne, che si terrà a New York a marzo.Si tratta di un messaggio forte mirato a realizzare l'emancipazione economica delle donne nel mondo, che insiste sulla considerazione dei diritti delle donne e della parità di genere come diritti fondamentali, sull'eliminazione delle barriere all'accesso nel mercato del lavoro per le donne, sulla partecipazione paritaria delle donne ai processi decisionali e sull'accesso universale all'assistenza sanitaria sessuale e riproduttiva.Le politiche recentemente adottate dal presidente degli Stati Uniti, con sui sono stati tagliati i fondi per le organizzazioni che si occupano dei servizi di pianificazione familiare, si scontrano con i principi fondamentali sostenuti dall'ONU e dall'UE in materia di parità di genere e diritti delle donne.Per questo credo che la risoluzione possa ispirare la posizione UE in sede ONU, per veicolare i valori di uguaglianza sanciti nel diritto e nelle società europee a fronte delle recenti iniziative oltreoceano, e rappresenti un'esortazione al Consiglio a trasformare gli impegni in finanziamenti concreti a sostegno dell'emancipazione economica delle donne.

2016/11/22

Written questions (31)

E-002484/2018 - Commission

2016/11/22
Documents: PDF(100 KB) DOC(18 KB)

E-000893/2018 - Commission

2016/11/22
Documents: PDF(102 KB) DOC(20 KB)

E-000277/2018 - Commission

2016/11/22
Documents: PDF(99 KB) DOC(18 KB)

E-007594/2017 - Commission

2016/11/22
Documents: PDF(104 KB) DOC(20 KB)

P-006251/2017 - Commission

2016/11/22
Documents: PDF(104 KB) DOC(17 KB)

E-005984/2017 - Commission

2016/11/22
Documents: PDF(5 KB) DOC(18 KB)

E-005318/2017 - Commission

2016/11/22
Documents: PDF(103 KB) DOC(18 KB)

E-002159/2016 - Commission

2016/11/22
Documents: PDF(102 KB) DOC(25 KB)

E-001519/2016 - Commission

2016/11/22
Documents: PDF(104 KB) DOC(25 KB)

E-001276/2016 - Commission

2016/11/22
Documents: PDF(104 KB) DOC(25 KB)

E-000365/2016 - Commission

2016/11/22
Documents: PDF(101 KB) DOC(24 KB)

P-000106/2016 - Commission

2016/11/22
Documents: PDF(103 KB) DOC(24 KB)

E-000110/2016 - Commission

2016/11/22
Documents: PDF(103 KB) DOC(24 KB)

E-015910/2015 - Commission

2016/11/22
Documents: PDF(6 KB) DOC(25 KB)

E-015773/2015 - Commission

2016/11/22
Documents: PDF(103 KB) DOC(25 KB)

E-015299/2015 - Commission

2016/11/22
Documents: PDF(197 KB) DOC(28 KB)

E-014960/2015 - Commission

2016/11/22
Documents: PDF(99 KB) DOC(23 KB)

E-013857/2015 - Commission

2016/11/22
Documents: PDF(101 KB) DOC(24 KB)

E-012476/2015 - Commission

2016/11/22
Documents: PDF(5 KB) DOC(24 KB)

P-009968/2015 - Commission

2016/11/22
Documents: PDF(102 KB) DOC(24 KB)

E-006577/2015 - Commission

2016/11/22
Documents: PDF(6 KB) DOC(25 KB)

E-003931/2015 - Commission

2016/11/22
Documents: PDF(101 KB) DOC(26 KB)

E-002373/2015 - Commission

2016/11/22
Documents: PDF(102 KB) DOC(24 KB)

P-002133/2015 - Commission

2016/11/22
Documents: PDF(105 KB) DOC(25 KB)

E-001763/2015 - Commission

2016/11/22
Documents: PDF(195 KB) DOC(26 KB)

E-011042/2014 - Commission

2016/11/22
Documents: PDF(103 KB) DOC(26 KB)

E-009846/2014 - Commission

2016/11/22
Documents: PDF(97 KB) DOC(24 KB)

E-008405/2014 - Commission

2016/11/22
Documents: PDF(100 KB) DOC(26 KB)

P-008301/2014 - Commission

2016/11/22
Documents: PDF(101 KB) DOC(24 KB)

E-006220/2014 - Commission

2016/11/22
Documents: PDF(5 KB) DOC(24 KB)

P-005921/2014 - Commission

2016/11/22
Documents: PDF(5 KB) DOC(24 KB)

Written declarations (4)

Regulation (EC) No 726/2004
Article 71a

The Agency shall have its seat in ~~Amsterdam, the Netherlands~~Milan, Italy.

2018/01/31
Committee: ENVI

2017/0230(COD)

Pervenche BERÈS, Renato SORU, Jonás FERNÁNDEZ

Proposal for a regulation
Article 2 – paragraph 1 – point 1

Regulation (EU) 1094/2010
Article 1 – paragraph 2

The Authority shall act within the powers conferred by this Regulation and within the scope of Directive 2009/138/EC with the exception of Title IV thereof, of Directives 2002/92/EC, 2003/41/EC, 2002/87/EC, Directive 2009/103/EC*, of Regulation (EU) No xxxx/xxxx of the European Parliament and of the Council on a pan- European Personal Pension Product (PEPP) and, to the extent that those acts apply to insurance undertakings, reinsurance undertakings, institutions for occupational retirement provision and insurance intermediaries, within the relevant parts of Directives (EU) 2015/849 and 2002/65/EC, including all directives, regulations, and decisions based on those acts, and of any further legally binding Union act which confers tasks on the Authority.

2018/09/19
Committee: ECON

2017/0230(COD)

Pervenche BERÈS, Renato SORU, Jonás FERNÁNDEZ

Renato SORU, Simona BONAFÈ

Proposal for a regulation
Article 63 – paragraph 2 – point c (new)

2018/04/30
Committee: ECON

Andrea COZZOLINO, Renato SORU, Simona BONAFÈ, Luigi MORGANO

Renato SORU, Luigi MORGANO

Proposal for a directive
Article 1 – paragraph 1 – point 1 – point b

Directive 2013/36/EU
Article 2 – paragraph 5a

~~5a. This Directive shall not apply to an institution where the Commission establishes in a~~ delegated act adopted pursuant to Article 148, on the basis of information available to it that the institution fulfils all of the following conditions, without prejudice to the application of state aid rules: (a) public law by a Member State's central government, regional government or local authority; (b) institution confirm that its activity is limited to advancing specified objectives of financial, social or economic public policy in accordance with the laws and provisions governing that institution, on a non-competitive, not for profit basis. For these purposes, public policy objectives may include the provision of financing for promotional or development purposes to specific economic activities, or geographical areas of the relevant Member State; (c) effective prudential requireit has been established under laws and provisions governing the it is subject to adequate and the central governments, including minimum own funds requirements, and to an adequate supervisory framework which has similar effect as the framework established under Union law; (d) government or local authority, as applicable, has an obligation to protect the institution's viability or directly or indirectly guarantees at least 90% of the institution's own funds requirements, funding requirements or exposures; (e) covered deposits as defined in point (5) of Article 2(1) of Directive 2014/49/EU of the European Parliament and of the Council12 ; (f) Member State where its head office is situated; (g) assets is below EUR 30 billion; (h) assets over the GDP of the Member State concerned is less than 20%; (i) the institution is not of significant relevance with regard to the domestic economy of the Member State concerned. The Commission shall regularly review whether an institution subject to a delegated act adopted pursuant to Article 148 continues to fulfil the conditions set out in the first subparagraph. __________________ 12 Directive 2014/49/EU of the European Parliament and of the Council of 16 April 2014 on deposit guarantee schemes (recast) (OJ L 173, 12.6.2014, p. 149)regional it is precluded from accepting its activities are confined to the the total value of the institution's the ratio of the institution's total

2018/02/02
Committee: ECON

2016/0364(COD)

Renato SORU, Luigi MORGANO

Proposal for a directive
Article 1 – paragraph 1 – point 1 – point b

Directive 2013/36/EU
Article 2 – paragraph 5b a (new)

5b a. This Directive shall not apply to an institution that the Commission includes in the list set out in Article 2(5) through a delegated act adopted pursuant to Article 148.

2018/02/02
Committee: ECON

2016/0364(COD)

Renato SORU, Luigi MORGANO

Proposal for a directive
Article 1 – paragraph 1 – point 1 – point d

Directive 2013/36/EU
Article 2 – paragraph 7

(d) the following paragraph 7 is added: ‘ By [5 years after entry into force], the Commission shall review the list set out in Article 2(5) by considering whether the reasons that led to the inclusion of entities in the list are still valid, the national legal framework and supervision applicable to the entities in the list, the type and quality of deposit coverage of the entities in the list and, for entities of the type specified in paragraphs 2(5a) and 2(5b) taking into account also the criteria described therein.. ’deleted

2018/02/02
Committee: ECON

2016/0360A(COD)

Andrea COZZOLINO, Simona BONAFÈ, Luigi MORGANO, Renato SORU

Proposal for a regulation
Article 1 – paragraph 1 – point 3 – point i a (new)

Regulation (EU) No 575/2013
Article 4 – paragraph 1 – point 127 – point a

(ia) in point (127) of paragraph 1, point (a) is replaced by the following: "(127) 'cross-guarantee scheme' means a scheme that meets all the following conditions: (a) the institutions fall within the same institutional protection scheme as referred to in Article 113(7)~~;" (http://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32013R0575&from=~~ or are permanently affiliated with a network to a central body;" Or. en)

2018/02/02
Committee: ECON

Renato SORU

Proposal for a regulation
Article 1 – paragraph 1 – point 9 – point b – point iii a (new)

Regulation (EU) No 2015/1017
Article 14 – paragraph 2 – point f a (new)

iiia) The following point (fa) is added: "fa) mobilisation of communication and promotion actions devised to make potential beneficiaries more aware of the EFSI"

2017/03/27
Committee: BUDG ECON

2016/0152(COD)

Renato SORU

Proposal for a regulation
Article 3 – paragraph 2 – subparagraph 1 a (new)

In case the trader allows the expression of an explicit preference expressed by the customer on a personal account and modifiable at any moment by the customer, the trader shall be allowed to routinely redirect to a specific landing page, still allowing clear and simple access to the online interface the customer initially sought to access.

2017/02/16
Committee: IMCO

2016/0152(COD)

Renato SORU

Proposal for a regulation
Article 3 – paragraph 4

4. Where a trader blocks or limits access of customers to an online interface or redirects customers to a different version of the online interface in compliance with paragraph 4, the trader shall provide a clear justification. That justification shall be given in the language of the online interface that the customer originally sought to access. In the case of a customer accessing a personal account on the trader's website, the justification shall be highlighted for the first visit and shall remain available to the customer.

2017/02/16
Committee: IMCO

2016/0027(COD)

Renato SORU

Proposal for a decision
Recital 2 a (new)

(2a) Since outside Europe the 700Mhz frequency band is already allocated on a co-primary basis and increasingly used for mobile services, the 700 MHz frequency band represents an opportunity for globally harmonised and coordinated spectrum for mobile broadband offering economies of scale. That band should allow new innovative digital services to be developed in urban and in rural or remote areas, such as e-Health and mHealth, supported by mobile phones, patient monitoring devices and other wireless devices, as well as smart energy grids and other services relating to the Internet of Things.

2016/07/06
Committee: ITRE

2016/0027(COD)

Renato SORU

Proposal for a decision
Recital 2 b (new)

(2b) The change in purpose for the 700MHz frequency band and better mobile internet connections in Europe represent an opportunity for DTT broadcasters to expand their efforts in the digital sector, using the transversal nature of the internet as an advantage. As such, DTT broadcasters should be supported in a controlled process of transmigration towards a stronger mixed internet/DTT broadcasting.

2016/07/06
Committee: ITRE

2016/0027(COD)

Renato SORU

Proposal for a decision
Recital 5

(5) Rapidly growing wireless broadband traffic and the increasing economic, industrial and social importance of the digital economy makes enhanced wireless network capacity a necessity. Spectrum in the 700 MHz frequency band provides both additional capacity and universal coverage, in particular for the economically challenging rural and remote areas, for indoor use and for wide-range machine- type communications. In this context, coherent measures for high-quality terrestrial wireless coverage across the Union, which build on best national practice for operators’ licence obligations, should aim to meet the RSPP objective that all citizens should have access to broadband speeds of not less than 30 Mb/s by 2020. In this way, the measures will promote innovative digital services and ensure long-term socioeconomic benefits.

2016/07/06
Committee: ITRE

2016/0027(COD)

Renato SORU

Proposal for a decision
Recital 5 a (new)

(5a) The 700 MHz frequency band is vital for the development and availability of present technology and digital sectors, and at the same time is a necessary pre- requisite to prepare the next iteration of electronic communications networks such as 5G.

2016/07/06
Committee: ITRE

2016/0027(COD)

Renato SORU

Proposal for a decision
Recital 5 b (new)

(5b) After a slow deployment of 4G technologies, Europe must remain at the forefront of technological innovation, using its spectrum in an efficient manner and supporting 5G, which will be at least 10 time faster than current technologies and will increase the creation of new services in Europe.

2016/07/06
Committee: ITRE

2016/0027(COD)

Renato SORU

Proposal for a decision
Article 2 – paragraph 1

By 30 June 2022 at the latest, Member States shall allow the transfer or leasing of the rights of use of spectrum for terrestrial systems capable of providing wireless broadband electronic communications services in the 694-790 MHz frequency band as from the date of the granting of such rights.

2016/07/06
Committee: ITRE

2015/2326(INI)

Doru-Claudian FRUNZULICĂ, Tibor SZANYI, Cătălin Sorin IVAN, Renato SORU, Jonás FERNÁNDEZ, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 1

1. Considers that the effectiveness of EU law is ~~systematically undermined by its unsatisfactory application by Member St~~fundamental in achieving an "ever closer" Union as enshrined in the TEU; recognizes the Charter of Fundamental Rights of the European Union of same legal value as the Treaties~~; n~~. Notes that thise lack of enforcement ~~is at the root of a number of European crises~~of EU law weakens the EU itself;

2016/03/31
Committee: ECON

2015/2326(INI)

Doru-Claudian FRUNZULICĂ, Alfred SANT, Tibor SZANYI, Cătălin Sorin IVAN, Hugues BAYET, Renato SORU, Jonás FERNÁNDEZ, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 2

2. Notes with concern that 11 directives in the area of banking and finance legislation are being infringed by one or more Member States, with Germany being the only country to comply with all existing legislation in this field, and Austria the only other Member State with fewer than three infringements1 ; __________________ 1 Particularly worrying are the cases of Poland (10 infringements), Luxembourg (9) and Slovenia, Spain and Estonia (8 each).;

2016/03/31
Committee: ECON

2015/2326(INI)

Doru-Claudian FRUNZULICĂ, Tibor SZANYI, Cătălin Sorin IVAN, Renato SORU, Jonás FERNÁNDEZ, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 3

3. Points out that the Late Payments Directive is still not implemented well in 11 Member States, and ~~that the situation is worst in Italy, Cyprus, Spain, Portugal and Greece~~is also correlated to the state of public finances affected by the economic crisis; notes as well that the delay in B2B payments is well above average; points out that also the directive on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, wthe~~re the delay in B2B2 payments is well above average3~~ directive on requirements for budgetary framework of the Member States and the directive on consumer rights have not yet been transposed; __________________ 2 Business-to-business. 3 See ‘Transposition and implementation of the Directive on Late Payments in Commercial Transactions’, European Parliamentary Research Service.

2016/03/31
Committee: ECON

2015/2326(INI)

Doru-Claudian FRUNZULICĂ, Tibor SZANYI, Hugues BAYET, Renato SORU, Jonás FERNÁNDEZ, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 4

4. Recalls that ~~non-compliance with the Maastricht criteria, and the lenient enforcement of the Stability and Growth Pact rules by the Commission and the Council before 2010, contribu~~following the global financial crisis which led to a European debt crisis, the EU has further strengthened its economic coordination and banking supervision; stresses the importance of completing the Banking Union, deepening the EMU and creating a CMU that finances the real economy and growth in Europe; invites all Member Stateds to ~~the emergence of the European debt crisis that followed the global financial crisis~~make full use of flexibility within the existing rules of the Stability and Growth Pact as per Commission's Communication COM (0215)12;

2016/03/31
Committee: ECON

2015/2326(INI)

Doru-Claudian FRUNZULICĂ, Tibor SZANYI, Renato SORU, Jonás FERNÁNDEZ, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 5

5. Points out that in 2014 only 10 of the 157 main recommendations made to Member States in the framework of the European Semester were fully implemented or showed substantial progress4 ; ; and believes that, in order to improve implementation, there is a need to better identify clearly articulated priorities at European level as well as to increase genuine public debate, political willingness and commitment at national level, leading to greater relevance and national ownership; welcomes the recommendation on the economic policy of the euro area, proposed by the Commission six months before country- specific recommendations, as a step to deepen policy coordination in the follow- up to the Five Presidents' Report and relevant resolutions of the European Parliament; __________________ 4 Success rate of around 6.5%: Zsolt Darvas and Alvaro Leandro, ‘The Limitations of Policy Coordination in the Euro Area under the European Semester’, Bruegel, November 2015.

2016/03/31
Committee: ECON

2015/2326(INI)

Doru-Claudian FRUNZULICĂ, Cătălin Sorin IVAN, Tibor SZANYI, Renato SORU, Jonás FERNÁNDEZ, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 7

7. Is very concerned by the fact that the Deposit Guarantee Scheme Directive (DGSD) has still not been implemented by 10 Member States~~6 , which undermines the efforts to build a~~, and calls on the Commission to ensure that it is implemented; welcomes the Commission proposal on European Deposit ~~Gua~~Insurantece Scheme, th~~at would complete the Banking Union; __________________ 6Belgium, Cyprus, Estonia, Greece, Italy, Luxembourg, Poland, Romania, Slovenia and Sweden; Commission press release, 10 December 2015.~~e third and final pillar of the Banking Union, needed to safeguard deposits throughout Europe;

2016/03/31
Committee: ECON

2015/2326(INI)

Doru-Claudian FRUNZULICĂ, Tibor SZANYI, Renato SORU, Jonás FERNÁNDEZ, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 7 a (new)

7a. Welcomes the European Commission's first proposals in the area of the Capital Markets Union and stresses the importance of encouraging more investments in the real economy;

2016/03/31
Committee: ECON

2015/2326(INI)

Doru-Claudian FRUNZULICĂ, Tibor SZANYI, Renato SORU, Jonás FERNÁNDEZ, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 8

8. Calls on the European Investment Bank to evaluate whether the banking systems of Member States that do not comply with the BRDD and the DGSD should be intermediaries in its actions; calls on the European Central Bank to make a similar evaluation regarding the use of emergency liquidity assistance;deleted

2016/03/31
Committee: ECON

2015/2326(INI)

Doru-Claudian FRUNZULICĂ, Tibor SZANYI, Renato SORU, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 10

10. Is of the opinion that financial penalties for non-compliance with EU law should ~~include a multiplier for those Member States for which several procedures are open~~be effective, proportionate and dissuasive;

2016/03/31
Committee: ECON

2015/2326(INI)

Doru-Claudian FRUNZULICĂ, Tibor SZANYI, Renato SORU, Jonás FERNÁNDEZ, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 10 a (new)

10a. Considers that the number of formal infringement procedures decreased also due to the effectiveness of the structured dialogue with Member States via EU Pilot;

2016/03/31
Committee: ECON

2015/2326(INI)

Doru-Claudian FRUNZULICĂ, Tibor SZANYI, Hugues BAYET, Renato SORU, Jonás FERNÁNDEZ, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 10 b (new)

10b. Welcomes the Commission's efforts to improve access to information on the application of the Union Law. Encourages further efforts to enhance transparency;

2016/03/31
Committee: ECON

2015/2322(INI)

Renato SORU

Motion for a resolution
Recital E a (new)

Ea. whereas in order to make public investment as efficient as possible by taking the necessary measures to create a secure, sustainable and competitive energy market, it is vital to combine the EFSI with the other specific sources of energy funding, such as the Connecting Europe Facility;

2016/04/05
Committee: ITRE

2015/2322(INI)

Renato SORU

Motion for a resolution
Recital F

F. whereas increased cooperation at regional level is indispensable~~, but should not lead to comprehensive European regulatory control~~;

2016/04/05
Committee: ITRE

2015/2322(INI)

Renato SORU

Motion for a resolution
Recital G

G. whereas national duties, fixed prices, subsidies, feed-in priorities and lack of interconnectors, both across borders and between mainland and island regions, prevent a functioning internal market in electricity and thus delay the full market integration of largely CO2- free energy sources;

2016/04/05
Committee: ITRE

2015/2322(INI)

Renato SORU

Motion for a resolution
Paragraph 5

5. Believes that a European internal market in electricity is possible on the basis of stronger price incentives and with the aim of creating a decentralised and democratic energy system; is aware, however, of the risks of unpredictable price surges and calls for meaningful pilot projects to be carried out before introducing prices that reflect the actual scarcity of supplies;

2016/04/05
Committee: ITRE

2015/2322(INI)

Renato SORU

Motion for a resolution
Paragraph 15

15. Calls for the further development of the energy-only market, based on the consistent application of existing legislation, the comprehensive expansion of transmission and interconnection infrastructure and greater regional cooperation which takes account of the particular features of the electricity markets of isolated regions, such as island regions, which are isolated from the national electricity system, thus promoting energy diversification and encouraging greater competition in order to increase security of supply;

2016/03/29
Committee: ITRE

2015/2221(INI)

Renato SORU, Isabella DE MONTE, Andrea COZZOLINO, Alessia Maria MOSCA

Motion for a resolution
Recital B a (new)

Ba. whereas the BU plays a key role in funding investment and therefore in fostering growth and job creation throughout the European Union;

2015/12/14
Committee: ECON

2015/2221(INI)

Renato SORU, Isabella DE MONTE, Andrea COZZOLINO, Alessia Maria MOSCA

Motion for a resolution
Paragraph 8 a (new)

8a. Invites the Single Supervisor to extend the scope of the Asset Quality Review to include all Level 3 financial assets, including derivatives, and to recalibrate the stress test, considering additional factors, such as potential litigation costs, with the aim of better preventing banking crises;

2015/12/14
Committee: ECON

2015/2221(INI)

Renato SORU, Andrea COZZOLINO, Isabella DE MONTE, Alessia Maria MOSCA

Motion for a resolution
Paragraph 9

9. Underlines that economic recovery is underway but is still fragile and modest, inflation remains below its target, credit dynamics are still subdued in many jurisdictions, while credit conditions still differ among European countries and a large stock of non- performing loans weighs on many European banks’ balance sheets, limiting their capacity to finance the economy;

2015/12/14
Committee: ECON

2015/2221(INI)

Renato SORU, Andrea COZZOLINO, Isabella DE MONTE, Alessia Maria MOSCA

Motion for a resolution
Paragraph 11 a (new)

11a. Notes that the Banking Structural Reform, which was conceived to reduce systemic risk and address the issue of "too big to fail" institutions, has yet to be implemented;

2015/12/14
Committee: ECON

2015/2221(INI)

Renato SORU, Andrea COZZOLINO, Isabella DE MONTE, Alessia Maria MOSCA

Motion for a resolution
Paragraph 11 b (new)

11b. Stresses the need to continue the work aimed at cutting the links between the traditional banking system and the traditional one, as proposed by the Liikanen high-level expert Group;

2015/12/14
Committee: ECON

2015/2221(INI)

Renato SORU, Andrea COZZOLINO, Isabella DE MONTE, Alessia Maria MOSCA

Motion for a resolution
Paragraph 16 a (new)

16a. Emphasises the importance of a level playing field within the Single Market and therefore calls for a continued effort aimed at achieving the Single Rule Book, through the removal of national options and discretions; such removal should in the first place ensure the establishment of a common set of rules and supervisory convergence between the EU Member States and the Banking Union and - within the latter - between banks under direct ECB supervision and banks not under direct ECB supervision; in addition, stresses that national options and discretions attributed to Member States prevent the ECB from developing a single coherent supervisory approach within the Banking Union and should therefore be eliminated in the future;

2015/12/14
Committee: ECON

2015/2221(INI)

Renato SORU, Andrea COZZOLINO, Isabella DE MONTE, Alessia Maria MOSCA

Motion for a resolution
Paragraph 16 b (new)

16b. In order to ensure that the situations and legal relationships governed by EU law remain foreseeable, calls on the ECB to attribute high importance to the principle of protection of the legitimate expectations by respecting and not revoking the transitional arrangements on which banks have relied in good faith when determining their capital planning; in this context, the maintenance of the non-application of fair value measurement for unrealized gains and losses on exposures to central governments classified in the "Available For Sale" category is of high importance; highlights that making such exposures mandatorily subject to fair value measurement (for capital requirement purposes), not only strengthens the link between banks and sovereigns, but may also lead to own funds volatility;

2015/12/14
Committee: ECON

2015/2221(INI)

Renato SORU, Andrea COZZOLINO, Isabella DE MONTE, Alessia Maria MOSCA

Motion for a resolution
Paragraph 16 c (new)

16c. Reminds that Regulation (EU) No 575/2013 grants a level playing field between conglomerates institutions and non-conglomerated institutions, which have holdings in insurance undertakings; stresses that the shortening of the transitional period for the exemption for the deduction of equity holdings in insurance companies from common equity Tier 1 items, provided for in Article 471 of Regulation (EU) No 575/2013, together with the confirmation of the exemption provided for in Article 49, would breach such level playing field, benefiting entities which form part of financial conglomerates to the detriment of other institutions; recalls that the shortening of the transitional period cannot in any case be established by regulations issued by a Supervisory Authority;

2015/12/14
Committee: ECON

2015/2221(INI)

Renato SORU, Andrea COZZOLINO, Isabella DE MONTE, Alessia Maria MOSCA

Motion for a resolution
Paragraph 16 d (new)

16d. Believes moreover that such change to Article 471 of Regulation (EU) No 575/2013 would negatively affect the "legitimate expectations" of supervised entities, that have already planned and targeted their capital requirements on the basis of the current regulation;

2015/12/14
Committee: ECON

2015/2221(INI)

Renato SORU, Andrea COZZOLINO, Isabella DE MONTE, Alessia Maria MOSCA

Motion for a resolution
Paragraph 27 a (new)

27a. Acknowledges the traditional reliance of SMEs on bank funding on account of their specific nature, different risk profiles and variety across Europe; calls on the Commission, in cooperation with the ESAs, the ECB and national authorities, to assess the sufficiency of SME funding, to analyse the obstacles to, and benefits of the diversification of funding channels and how to enable banks and non-banks to increase SME funding, widening companies' choice among different methods of funding at different stages of their development; recalls the importance of tools such as the 'SME Supporting Factor'; suggests that the initiatives for improved SME funding should be expanded to start-ups, micro enterprises and mid-cap companies; highlights the potential of innovative and largely untapped venues for financing SMEs, including peer-to-peer lending, crowdfunding and private placement, and stresses the need to streamline the respective regulatory requirements;

2015/12/14
Committee: ECON

2015/2221(INI)

Renato SORU, Andrea COZZOLINO, Isabella DE MONTE, Alessia Maria MOSCA

Motion for a resolution
Paragraph 36 a (new)

36a. Stresses the need, as a consequence of the existence of the national compartments in the SRF, to rapidly put in place an adequate bridge financing mechanism in order to provide the fund, if necessary, with sufficient resources in the period before its completion; recalls that the Eurogroup and the Ecofin ministers identified, in their statement of 18 December 2013, the possibility of having recourse to national sources in the transition period, as well as to develop a common backstop during the same period;

2015/12/14
Committee: ECON

2015/2221(INI)

Renato SORU, Andrea COZZOLINO, Isabella DE MONTE, Alessia Maria MOSCA

Motion for a resolution
Paragraph 39 a (new)

39a. Recalls that while breaking the link between sovereigns and banks at national level remains an important objective, all the measures directed at achieving this objective, have to take into account both the international context and the short term repercussion on financial stability; stresses in particular that the introduction of a risk weighting on the sovereign debt exposure of banks, by severing the link between debt and saving in any given Member State, may endanger debt sustainability and put financial stability at risk; furthermore considers that this measure should only be taken in conjunction with risk sharing measures;

2015/12/14
Committee: ECON

2015/2221(INI)

Renato SORU, Andrea COZZOLINO, Isabella DE MONTE, Alessia Maria MOSCA

Motion for a resolution
Paragraph 40 a (new)

40a. Recalls that the reduction of systemic risk, attained through regulatory changes and efforts made at national level, should proceed in parallel with the creation of risk sharing mechanism at European level1 a; __________________ 1a Among the others, Commissioner Jonathan Hill, Responsible for Financial Stability, Financial Services and Capital Markets Union recently stated that: "Step by step, we need to make sure that risk reduction goes hand in hand with risk sharing.”

2015/12/14
Committee: ECON

2015/2147(INI)

Renato SORU

Draft opinion
Paragraph 1 a (new)

1a. Highlights the importance of the Digital Single Market for the European economy; recalls that according to estimates from the EC the development of the DSM could contribute € 415billion a year to the European economy and create 3.8 million new jobs. Underlines that not only is the digital sector growing at sustained rates, but that digital technologies offer new possibilities also in traditional sectors of the European economy;

2015/10/19
Committee: ECON

2015/2147(INI)

Renato SORU

Draft opinion
Paragraph 1 b (new)

1b. Invites the EC to promote the "Digital first" approach in the functioning of public Institutions and in designing legislative acts; considers that the digital first strategy could bring benefits in terms of cost savings, environmental sustainability and better services, thus reducing the gap between citizens and European Institutions;

2015/10/19
Committee: ECON

2015/2147(INI)

Renato SORU

Draft opinion
Paragraph 2 a (new)

2a. Points out that in spite of the high unemployment rates in the EU, many jobs remain vacant owing to the shortage of matching skills; notes that if the economic opportunities offered by the DSM are to be exploited, it is essential to pursue employment and education policies designed to improve Europeans’ digital skills; calls on the Commission to draw up programmes to help achieve those aims;

2015/10/19
Committee: ECON

2015/2147(INI)

Renato SORU

Draft opinion
Paragraph 3 a (new)

3a. Points out that cybersecurity is central to the establishment of the digital single market, especially in the banking and financial sector, payment systems, and e- commerce, and therefore calls on the Commission to monitor threats, first and foremost computerised fraud and cyber- attacks, strengthen prevention measures, lay down a framework making for a Europe-wide coordinated response to cybercrime, and devise Europe-wide awareness campaigns to alert EU citizens to the threats to cybersecurity;

2015/10/19
Committee: ECON

2015/2147(INI)

Renato SORU

Draft opinion
Paragraph 3 b (new)

3b. Stresses that it is essential to have simple, efficient, and safe payment systems to enable the digital single market to develop and grow; welcomes the advances in terms of EU legislation on payment systems; and calls on the Commission to take these developments into account when implementing its DSM strategy;

2015/10/19
Committee: ECON

2015/2147(INI)

Renato SORU

Draft opinion
Paragraph 3 c (new)

3c. Considers that digital technologies will open up access to credit to many who have traditionally been excluded from the banking and financial system, thus promoting social and economic development; calls on the Commission to devise an inclusion strategy enabling weaker population groups to gain access to the digital single market and hence to new financial and banking services;

2015/10/19
Committee: ECON

2015/2147(INI)

Renato SORU

Draft opinion
Paragraph 4 a (new)

4a. Invites the EC to bring forward a legislative proposal to adjust the definition of "permanent establishment" so that companies cannot artificially avoid having a taxable presence in Member States in which they have economic activity. In particular, this definition should address situations in which companies engaging in fully dematerialised digital activities, are considered to have a permanent establishment in a Member State if they maintain a significant digital presence in the economy of that Country;

2015/10/19
Committee: ECON

2015/2147(INI)

Brando BENIFEI, Jutta STEINRUCK, Renato SORU, Elena GENTILE

Draft opinion
Paragraph 4 a (new)

4a. Stresses that education and training curricula must aim at the development of a critical thinking, approach, usage and thorough understanding of new media, digital and information devices and interfaces, whereby people can be active users of these new technologies and not simply end users;

2015/10/01
Committee: EMPL

2015/2147(INI)

Brando BENIFEI, Renato SORU, Elena GENTILE, Patrizia TOIA

Draft opinion
Paragraph 4 b (new)

4b. Believes that European citizens should be offered an education in line with the needs of a modern, globalised society, therefore enjoying the opportunity to learn and to develop new skills, including digital ones, which will allow them to compete in today's labour market; stresses the need to ensure that teachers are enabled to improve their skills, especially digital ones, and are supported in facing the challenges this entails; therefore believes that an overall re-design of educational systems, training curricula and work methods in a holistic and ambitious way is necessary, with the aim of properly addressing the challenges of the digital revolution;

2015/10/01
Committee: EMPL

2015/2147(INI)

Renato SORU, Simona BONAFÈ, Flavio ZANONATO

Motion for a resolution
Recital C a (new)

Ca. whereas a clear connection is present between internet usage and coverage and in 2014 the 18,1% of Europeans never used the internet;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Flavio ZANONATO, Clare MOODY, Miapetra KUMPULA-NATRI, Renato SORU, Pina PICIERNO

Motion for a resolution
Recital C a (new)

Ca. whereas in 2013 the market size of sharing economy was around 3.5 billion worldwide and today the European Commission is forecasting a growth potential that goes over 100 billion;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Renato SORU

Draft opinion
Paragraph 6 a (new)

6a. Points out that the economic principles which have defined the development and spread of the Internet, namely network neutrality, openness, and non-discrimination, are being undermined by the spread of closed ecosystems within the Web; maintains that the emergence and growth of such ecosystems, and the oligopoly-based structure that they have created on the market in digital services and goods, are adversely affecting consumer interests and innovation and in the long term, therefore, might even jeopardise the development of the DSM;

2015/10/19
Committee: ECON

2015/2147(INI)

Renato SORU, Simona BONAFÈ, Flavio ZANONATO

Motion for a resolution
Recital C b (new)

Cb. whereas in 2014 only 15,8 computers per 100 students were available in Europe in 2014;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Renato SORU

Draft opinion
Paragraph 6 b (new)

6b. Considers that the distinguishing characteristics of the digital economy, resulting in particular from the fact that marginal costs tend to diminish, falling down to zero, and network effects are strong, are conducive to economies of scale and hence to concentration; calls on the Commission to devise a competition policy taking into account the specific features of the digital economy and the related challenges;

2015/10/19
Committee: ECON

2015/2147(INI)

Renato SORU, Simona BONAFÈ

Motion for a resolution
Recital C c (new)

Cc. whereas a growing number of services are migrating towards the internet and digital technologies are becoming increasingly pervasive in everyday lives;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Renato SORU

Draft opinion
Paragraph 6 c (new)

6c. Points to the importance of the data economy for the development of the DSM; notes that the only way to surmount the challenges and threats to the establishment of a digital single market which have arisen out of the Court of Justice’s ‘Safe Harbour’ ruling is to adopt a common legislative approach at European level, and therefore calls on the Commission to work towards a regulatory framework serving both to ensure respect for user rights as regards data processing and to develop this sector of the digital economy;

2015/10/19
Committee: ECON

2015/2147(INI)

Renato SORU

Draft opinion
Paragraph 3 a (new)

3a. Notes that in order to allow for a fair competition in the data driven economy, internet companies with a relevant market position, as defined by the EC competition standards should make available their user generated data set as open data in an anonymized and aggregated form, while respecting all privacy requirements;

2015/09/28
Committee: JURI

2015/2147(INI)

Renato SORU

Draft opinion
Paragraph 6 d (new)

6d. Maintains that all data related to users and user-generated content constitute a historic, social, and economic heritage of intrinsic value to the reference communities and should therefore be considered a common good for the use of those communities;

2015/10/19
Committee: ECON

2015/2147(INI)

Renato SORU

Draft opinion
Paragraph 6 e (new)

6e. Welcomes the opportunities offered by the collaborative economy model, which makes for more efficient use of resources and environmentally and economically sustainable economic growth; points out that this model is particularly well suited to the management of public assets; calls on the Commission, therefore, to encourage public authorities to develop and use models of this type;

2015/10/19
Committee: ECON

2015/2147(INI)

Renato SORU

Draft opinion
Paragraph 6 f (new)

6f. Points out that overlapping collaborative and market economy models could distort free competition on some markets; calls on the Commission to work towards a regulatory framework which, while promoting the development of the collaborative economy, will keep the ‘playing field’ level and ensure compliance with EU legislation, in particular on tax and labour law matters;

2015/10/19
Committee: ECON

2015/2147(INI)

Renato SORU

Draft opinion
Paragraph 6 g (new)

6g. Notes that the development of the DSM could be helped if there were innovation clusters within the EU, that is to say, geographical areas with a high concentration of digital enterprise and skills; calls on the Commission to encourage the further development of such areas and the dissemination of best practice and knowledge;

2015/10/19
Committee: ECON

2015/2147(INI)

Renato SORU

Draft opinion
Paragraph 6 h (new)

6h. Points to the importance of business incubators, business angels, and a variety of stakeholders and agencies, both public and private, working to develop businesses in the digital sector; calls on the Commission to establish a strategy enabling these stakeholders to become involved in the development of the DSM and laying the foundations for a European network of business incubators;

2015/10/19
Committee: ECON

2015/2147(INI)

Silvia COSTA, Luigi MORGANO, Petra KAMMEREVERT, Renato SORU

Draft opinion
Paragraph 4 b (new)

4b. Considers it necessary for the Commission to adopt a bidirectional approach to the subject of digital skills and abilities, investing in digital education programmes (starting with the training of teachers) and in digital infrastructure which serves educational purposes, inter alia including digital content and methods in existing school curricula;

2015/10/02
Committee: CULT

2015/2147(INI)

Renato SORU, Miapetra KUMPULA-NATRI, Simona BONAFÈ, Patrizia TOIA, Nicola DANTI

Motion for a resolution
Paragraph 2 a (new)

2a. Believes that, in order to ensure the quality of European Legislation, the European Institutions should adopt and disseminate a "digital first" principle, re- designing all activities around the opportunities and challenges posed by digital technologies;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Flavio ZANONATO, Miapetra KUMPULA-NATRI, Clare MOODY, Renato SORU

Motion for a resolution
Paragraph 4

4. Stresses the urgent need for the Commission and Member States to promote a more dynamic economy for innovation to flourish and for companies to scale up, through the development of e- government, a modernised regulatory framework fit for the emergence ~~and scale- up~~, scale-up and access to market in a level playing field of innovative businesses, ~~and~~ a long term investment strategy in infrastructure, skills, research and innovation; underlines that the development of e-commerce represents a new frontier for businesses, especially SMEs;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Patrizia TOIA, Dan NICA, Kathleen VAN BREMPT, Flavio ZANONATO, Miapetra KUMPULA-NATRI, Renato SORU

Motion for a resolution
Paragraph 4 a (new)

4a. Believes that improving connectivity has beneficial effects on employment and economic growth; therefore calls on the Commission to support investments in ultra-broadband in order to promote the European social and industrial fabric and new-generation electronic communication services that place citizens and consumers at the centre of the stage;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Renato SORU, Simona BONAFÈ, Patrizia TOIA

Motion for a resolution
Paragraph 5

5. Calls on the Commission, in cooperation with Member States, to further develop initiatives to boost entrepreneurship that range from changing the mind-set on how success is defined to promoting an entrepreneurial and innovation culture; believes, in addition, that the diversity and specific attributes of the different national innovation hubs, areas where pre-existing concentrations of businesses and skills is present and can be increased, could be turned into a real competitive advantage for the EU if they are effectively interconnected;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Patrizia TOIA, Kathleen VAN BREMPT, Dan NICA, Sergio Gaetano COFFERATI, Flavio ZANONATO, Simona BONAFÈ, Renato SORU

Motion for a resolution
Paragraph 6 a (new)

6a. Calls on the Commission, in cooperation with Member States, to increase the availability and an efficient use of radio spectrum across the Union, with the aim to achieve a EU harmonised radio spectrum policy;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Alessia Maria MOSCA, Patrizia TOIA, Renato SORU, Nicola DANTI, Sergio Gaetano COFFERATI, Flavio ZANONATO

Motion for a resolution
Paragraph 6 a (new)

6a. Stresses that it is important that the creation of the Digital Single Market should not aggravate the digital divide but rather enhance and create infrastructure and training courses to enable all European citizens to benefit from the new opportunities made available, irrespective of age, gender, income or provenance from remote or peripheral regions;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Nicola DANTI, Evelyne GEBHARDT, Patrizia TOIA, Silvia COSTA, Sergio Gaetano COFFERATI, Catherine STIHLER, Lucy ANDERSON, Renato SORU, Sergio GUTIÉRREZ PRIETO

Motion for a resolution
Paragraph 6 b (new)

6b. Asks the Commission to address the different tax challenges raised by the digital economy and to closely monitor its continuous evolution to assess the impact on tax systems; in particular, urges the Commission to guarantee an effective level playing field and a fair fiscal treatment among all actors present in the digital market, aligning taxation with the economic activities and guaranteeing that taxes are paid where profits are generated;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Nicola DANTI, Evelyne GEBHARDT, Sergio Gaetano COFFERATI, Renato SORU, Lucy ANDERSON

Motion for a resolution
Paragraph 6 a (new)

6a. Believes that Member States and the Commission should actively promote a broad process of reform of the global governance of Internet in order to reach a new, transparent and inclusive model of multi-stakeholder governance, based on the principle of Internet as a unique, open and free network;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Alessia Maria MOSCA, Patrizia TOIA, Renato SORU, Nicola DANTI

Motion for a resolution
Paragraph 6 b (new)

6b. Calls for measures to promote and encourage, by means of the creation of the Digital Single Market, the development of new models of work which will make it possible to reconcile the requirements of private and working life more effectively;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Miapetra KUMPULA-NATRI, Jeppe KOFOD, Evelyne GEBHARDT, Renato SORU, Flavio ZANONATO, Eva KAILI, Miriam DALLI, Emilian PAVEL

Motion for a resolution
Paragraph 6 c (new)

6c. Calls on the Commission to secure that proposed regulatory actions minimise the barriers of entry for SMEs operating in the digital markets, leave enough room for innovation in the targeted sectors and respect the principles of technological, business model and content neutrality;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Sergio Gaetano COFFERATI, Sergio GUTIÉRREZ PRIETO, Renato SORU

Motion for a resolution
Paragraph 15

15. Stresses that accessible, affordable, efficient and high-quality delivery services are an essential prerequisite for thriving cross-border e-commerce; supports the proposed measures to improve price transparency, interoperability and regulatory oversight that should target both the smooth functioning of cross-border parcel delivery markets and compliance with relevant social and labour rights, allowing enough flexibility for the delivery market to evolve and adapt to technological innovations; underlines that the new measures should ensure that any variation in the prices between domestic and cross-border delivery should be permitted only if duly justified and if it reflects the variation in actual costs incurred by the providers for delivering the service;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Renato SORU, Sergio Gaetano COFFERATI, Simona BONAFÈ, Flavio ZANONATO

Motion for a resolution
Paragraph 16

16. Considers that ambitious actions are needed to improve access to legal digital content, in particular by ending without delay geo- blocking practices ~~and~~, unfair price discrimination based on geographical location and any practices that undermine country neutrality with regard to means of payments between Member States;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Renato SORU, Simona BONAFÈ, Patrizia TOIA

Motion for a resolution
Paragraph 19

19. Emphasises that incentivising private investments in fast and ultra-fast communication networks is a requirement ~~for~~to any digital progress and must be part of the European integration effort, with competition remaining the main driver of infrastructure investments, innovation, affordable prices and choices for consumers; considers that little evidence exists, in the still fragmented European telecommunications market, of a link between consolidation of operators and increased investment in networks;

2015/10/21
Committee: ITRE IMCO

2015/2147(INI)

Flavio ZANONATO, Sergio Gaetano COFFERATI, Clare MOODY, Patrizia TOIA, Renato SORU, Pina PICIERNO

Motion for a resolution
Paragraph 20

20. Stresses that since the development of over-the-top services has increased demand and competition to the benefit of consumers, modernisation of the telecommunication framework should not lead to more regulatory burdens, but should drive innovation and fair competition, support pluralism and access to the market and strengthen the Fundamental rights in the digital environment;

2015/10/22
Committee: ITRE IMCO

2015/2147(INI)

Patrizia TOIA, Dan NICA, Nicola DANTI, Renato SORU

Motion for a resolution
Paragraph 20 a (new)

20a. Asks the Commission to guarantee equal treatment, also in fiscal terms, and the same level playing field between telecom operators and over-the-top services in order to assure non- discriminatory access to networks and contents;

2015/10/22
Committee: ITRE IMCO

2015/2147(INI)

Renato SORU, Sergio Gaetano COFFERATI, Simona BONAFÈ, Patrizia TOIA, Nicola DANTI, Flavio ZANONATO

Motion for a resolution
Paragraph 21 a (new)

21a. Believes that, in order to achieve a real Digital Single Market, it is necessary to ensure access for all citizens in Europe, calls therefore to improve the efforts towards the networks development for those areas where sufficient connectivity it is not yet available;

2015/10/22
Committee: ITRE IMCO

2015/2147(INI)

Renato SORU, Simona BONAFÈ, Flavio ZANONATO

Motion for a resolution
Paragraph 23

23. Urges the Commission to develop an innovation-friendly policy that fosters competition ~~between,~~ and innovation ~~in,~~between online platforms~~; considers that the priorities should be transparency~~ and to support the freedom, openness and accessibility of the internet; considers that transparency, interoperability, unbundling, common standards, facilitation of switching between platforms or online services, access to platforms, ~~and~~ identifying and addressing barriers to the emergence and scale- up of platforms should be priorities; Underlines the fact that, in order to allow new businesses to emerge and thrive in existing digital sector, an assessment of the role network effects play in the openness of the digital economy will be key;

2015/10/22
Committee: ITRE IMCO

2015/2147(INI)

Miapetra KUMPULA-NATRI, Renato SORU, Evelyne GEBHARDT, Kathleen VAN BREMPT, Dan NICA

Motion for a resolution
Paragraph 23

23. Urges the Commission to develop an innovation-friendly policy that fosters competition between, and innovation in, online platforms; considers that the priorities should be transparency, facilitation of switching between platforms or online services, access to platforms, the prevention of monopolies, and identifying and addressing barriers to the emergence and scale-up of platforms;

2015/10/22
Committee: ITRE IMCO

2015/2147(INI)

Renato SORU, Simona BONAFÈ, Miapetra KUMPULA-NATRI

Motion for a resolution
Paragraph 23 b (new)

23b. Calls the Commission to ensure the presence of minimum quality standards for services that emulate, on the web, other traditional services; Furthermore calls the Commission to support and incentivize interoperability for internet services and to combat the enclosing of the internet in silos;

2015/10/22
Committee: ITRE IMCO

2015/2147(INI)

Renato SORU, Simona BONAFÈ, Patrizia TOIA, Nicola DANTI, Flavio ZANONATO, Miapetra KUMPULA-NATRI

Motion for a resolution
Paragraph 23 a (new)

23a. Asks the Commission to safeguard the openness of the internet, ensuring the application of the principle of Net Neutrality at all levels of the web, ensuring equal access to fixed networks for all service providers and ensuring service neutrality for all services within internet platforms;

2015/10/22
Committee: ITRE IMCO

2015/2147(INI)

Flavio ZANONATO, Nicola DANTI, Clare MOODY, Renato SORU, Pina PICIERNO

Motion for a resolution
Paragraph 25

25. ~~Encourages the Commission to analyse the need to protect consumers in the sharing economy and, where appropriate and if necessary, to come forward with proposals~~Stresses that Sharing Economy is reshaping old services and markets in ways not even thinkable just a few years ago; encourages the Commission to analyse the issues related to the sharing economy, to take action to enable citizens and business to take advantage of its opportunities and to protect consumers coming forward with proposals to ensure that Europe will play a role in the future of this sector; furthermore encourages the Commission to ensure the adequacy of the consumer-related legislation framework in the digital sphere, including possible abuses;

2015/10/22
Committee: ITRE IMCO

2015/2147(INI)

Sergio Gaetano COFFERATI, Evelyne GEBHARDT, Renato SORU

Motion for a resolution
Paragraph 25

25. Encourages the Commission to analyse the need to protect consumers in the sharing economy and, where appropriate and if necessary, to come forward with proposals to ensure the adequacy of the consumer-related legislation framework in the digital sphere, including possible abuses; stresses the need to put forward a common approach to taxation in relation to sharing economy, in order to ensure a real level playing field and a well- functioning single market and that taxes are paid where profits are generated;

2015/10/22
Committee: ITRE IMCO

2015/2147(INI)

Miapetra KUMPULA-NATRI, Eva KAILI, Dan NICA, Emilian PAVEL, Renato SORU

Motion for a resolution
Paragraph 25 a (new)

25a. Underlines that the sharing economy brings clear opportunities towards a more circular EU economy;

2015/10/22
Committee: ITRE IMCO

2015/2147(INI)

Sergio Gaetano COFFERATI, Evelyne GEBHARDT, Nicola DANTI, Patrizia TOIA, Lucy ANDERSON, Renato SORU, Marlene MIZZI

Motion for a resolution
Paragraph 26

26. Considers, in order to ensure trust in digital services, that increased resources from the public and private sector are required to strengthen the security of IT systems and online networks and the encryption of communication, to improve cyber-attack prevention and to increase knowledge of basic security processes among users of digital services; believes in this regard that particular efforts should be put in place in order to ensure full security for consumers in the use of electronic means of payment, through the achievement of a fully integrated and user-friendly EU market for payment services;

2015/10/22
Committee: ITRE IMCO

2015/2147(INI)

Miapetra KUMPULA-NATRI, Evelyne GEBHARDT, Renato SORU, Carlos ZORRINHO, Eva KAILI

Motion for a resolution
Paragraph 26 b (new)

26b. Urges the Commission to strengthen the competitiveness and security of the European big data infrastructure, including super computers, through Horizon 2020 and other public and private support mechanisms;

2015/10/22
Committee: ITRE IMCO

2015/2140(INI)

Renato SORU, Alfred SANT, Alessia Maria MOSCA, Andrea COZZOLINO

Motion for a resolution
Paragraph 4 a (new)

4a. Considers that the specific nature of the digital economy, characterized by decreasing and tending to zero marginal costs and by strong network effects, favours the increase in the level of concentration in key markets; invites the EC to adapt its competition policy to the specificities of this sector;

2015/10/21
Committee: ECON

2015/2140(INI)

Renato SORU, Alfred SANT, Alessia Maria MOSCA, Andrea COZZOLINO

Motion for a resolution
Paragraph 4 b (new)

4b. Stresses that free and fair competition is an indispensable pre-requisite for the creation of a true digital single market; encourages the EC to encompass the key concepts of interoperability and net neutrality into all its future proposals on the digital single market;

2015/10/21
Committee: ECON

2015/2140(INI)

Renato SORU, Alfred SANT, Alessia Maria MOSCA, Andrea COZZOLINO

Motion for a resolution
Paragraph 4 c (new)

4c. Recalls that the data economy is an important part of the digital economy; considers that the property of user generated data should stay with the users and that portability of data should be ensured; highlights that accessibility of user generated data, in an anonymous and aggregated form, is instrumental in ensuring competition in this market segment is maintained;

2015/10/21
Committee: ECON

2015/2140(INI)

Renato SORU, Alfred SANT, Alessia Maria MOSCA, Andrea COZZOLINO

Motion for a resolution
Paragraph 12 a (new)

12a. Welcomes the simplified procedures utilised for the purpose of state-aid assessment of projects funded by the EFSI; highlights that the EFSI aims to overcome current market failures by addressing market gaps, thus favouring the well-functioning of the markets;

2015/10/21
Committee: ECON

2015/2140(INI)

Renato SORU, Alfred SANT, Alessia Maria MOSCA, Andrea COZZOLINO

Motion for a resolution
Paragraph 19 a (new)

19a. Considers that remarkable disparities between Member States in the use of State aid in the financial sector in recent years, can potentially distort competition in this sector; invites the EC to clarify the rules and the procedures under which State aid in the financial sector can be authorised;

2015/10/21
Committee: ECON

2015/2140(INI)

Renato SORU, Alfred SANT, Alessia Maria MOSCA, Andrea COZZOLINO

Motion for a resolution
Paragraph 20 a (new)

20a. Considers that, in order to grant fair competition among companies, in line with the Commission Regulation (EU) No 651/2014, companies located in regions experiencing temporary or permanent disadvantages should be supported and increased flexibility should be granted to Regions experiencing severe economic problems, such as the Regions included in the Convergence and in the Competitiveness Objective, and to insular regions;

2015/10/21
Committee: ECON

2015/2140(INI)

Renato SORU, Alessia Maria MOSCA, Andrea COZZOLINO

Motion for a resolution
Paragraph 22 a (new)

22a. Considers that fair competition can be hampered by tax planning; invites the EC to adjust the definition of ‘permanent establishment’ so that companies cannot artificially avoid having a taxable presence in Member States in which they have economic activity. This definition should also address the specific situations of the digital sector, so that companies engaging in fully dematerialised activities, are considered to have a permanent establishment in a Member State if they maintain a significant digital presence in the economy of that Country;

2015/10/21
Committee: ECON

2015/2140(INI)

Renato SORU, Alessia Maria MOSCA, Andrea COZZOLINO

Motion for a resolution
Paragraph 24 a (new)

24a. Considers that a favourable tax status, such as the one granted in special economic zones (SEZs), would attract investments, favouring economic convergence between EU regions and fair competition among companies; calls on the Commission to actively promote the use of favourable tax status in less developed regions and to develop guidelines for the implementation of favourable tax regime across the EU including the establishment of SEZs, in line with the Commission Regulation (EU) No 651/2014;

2015/10/21
Committee: ECON

2015/2127(INI)

Maria João RODRIGUES, Jakob von WEIZSÄCKER, Alessia Maria MOSCA, Anneliese DODDS, Hugues BAYET, Neena GILL, Udo BULLMANN, Elisa FERREIRA, Peter SIMON, Renato SORU, Doru-Claudian FRUNZULICĂ

Draft opinion
Paragraph 1

1. Takes note of the 2014 EIB A~~nnual~~ctivity Report and the increase by 6.92% to EUR 80.3 billion in the EIB Group’s lending; is very concerned a~~t the increasing~~bout still very high unemployment, inequality and poverty levels, as well as weak investment in Europe and the continuous uncertainty in the financial markets, also in view of a worsening global economic outlook;

2015/11/06
Committee: ECON

2015/2127(INI)

Maria João RODRIGUES, Jakob von WEIZSÄCKER, Alessia Maria MOSCA, Anneliese DODDS, Hugues BAYET, Neena GILL, Udo BULLMANN, Elisa FERREIRA, Peter SIMON, Renato SORU, Doru-Claudian FRUNZULICĂ

Draft opinion
Paragraph 2

2. Regrets that overall EU investment in 2013 decreased by 13% compared with the pre- crisis period with investment in some countries decreasing 25% and even by as much as 60% in others, creating a dangerous investment imbalance in the EU; is of the opinion that this constitutes a major challenge for the EIB Group and will require extraordinary efforts from its side for the years to come, as part of an overall EU effort to implement a renewed long-term strategy for sustainable, convergent and inclusive growth;

2015/11/06
Committee: ECON

2015/2127(INI)

Maria João RODRIGUES, Jakob von WEIZSÄCKER, Alessia Maria MOSCA, Anneliese DODDS, Hugues BAYET, Neena GILL, Elisa FERREIRA, Peter SIMON, Renato SORU, Doru-Claudian FRUNZULICĂ

Draft opinion
Paragraph 3

3. Notes the urgent need for an increase in EIB ~~lending activity~~Group investment activity, including innovative financial instruments with greater additional risk-bearing capacity, and for the improvement of its activity in line with Protocol (No 28) on Economic, Social and Territorial Cohesion;

2015/11/06
Committee: ECON

2015/2127(INI)

Maria João RODRIGUES, Jakob von WEIZSÄCKER, Alessia Maria MOSCA, Anneliese DODDS, Hugues BAYET, Neena GILL, Elisa FERREIRA, Peter SIMON, Renato SORU, Doru-Claudian FRUNZULICĂ

Draft opinion
Paragraph 4

4. Calls on the EIB Group to re-examine its strategic planning programme, given the high degree of concentration of funding for the four biggest economies in the EU accounting for more than 45%, and the disproportionate rise in unemployment levels and investment gaps in some other countries which remains at alarming levels, and which ~~could~~ hamper economic convergence in the EU and further damage growth prospects and social cohesion in specific countries and regions in the EU;

2015/11/06
Committee: ECON

2015/2127(INI)

Maria João RODRIGUES, Alessia Maria MOSCA, Anneliese DODDS, Hugues BAYET, Neena GILL, Elisa FERREIRA, Peter SIMON, Renato SORU, Doru-Claudian FRUNZULICĂ

Draft opinion
Paragraph 5

5. ~~Takes note of~~Welcomes the establishment of the European Fund for Strategic Investment (EFSI) and emphasises the need for the EFSI to function in an effective, transparent and fair way, to honour fully the requirement of additionality, and to take into account that priority should be given to projects in strategic sectors, countries ~~in adjustment programme~~where investment gaps have widened most during the economic crisis and regions which have difficulties in attracting funding because ~~of their high risk environment;~~ their geographical or historical disadvantage translates into a higher high risk profile in an economic environment marked by uncertainty; Regrets the selection procedure used to appoint the Managing Director and the Deputy Managing Director and stresses the need to finalise as soon as possible the inter-institutional agreement between the EIB and the Parliament on reporting and on the selection procedure for both positions;

2015/11/06
Committee: ECON

2015/2127(INI)

Maria João RODRIGUES, Alessia Maria MOSCA, Anneliese DODDS, Hugues BAYET, Neena GILL, Elisa FERREIRA, Peter SIMON, Renato SORU, Doru-Claudian FRUNZULICĂ

Draft opinion
Paragraph 5 a (new)

5a. Urges the EIB Group to develop an increased focus on economic and labour market resilience in the context of technological changes, environmental constraints, globalisation and demographic trends; calls on it to prioritise investment operations with high potential in terms of job creation and environmental sustainability, particularly in areas of greatest need, and to expand its cooperation with other development banks in this direction;

2015/11/06
Committee: ECON

2015/2127(INI)

Maria João RODRIGUES, Alessia Maria MOSCA, Anneliese DODDS, Hugues BAYET, Neena GILL, Elisa FERREIRA, Peter SIMON, Renato SORU, Doru-Claudian FRUNZULICĂ

Draft opinion
Paragraph 5 b (new)

5b. Calls on the EIB Group to consider strengthening non-financial criteria in its project assessment models, giving greater weight to projects' contribution to sustainable and inclusive development and cohesion in line with Protocol (No 28) on Economic, Social and Territorial Cohesion, while aiming at maximum transparency;

2015/11/06
Committee: ECON

2015/2127(INI)

Maria João RODRIGUES, Anneliese DODDS, Jakob von WEIZSÄCKER, Peter SIMON, Renato SORU, Elisa FERREIRA, Doru-Claudian FRUNZULICĂ

Draft opinion
Paragraph 6

6. Calls on the EIB to refrain from cooperating with financial partners with a negative track record and to enforce prevention measures against tax havens, fraud and evasion as well as aggressive tax avoidance; calls for these prevention measures to include ensuring that no EIB funding can go to ultimate beneficiaries or financial intermediaries which make use of tax havens or harmful tax practices;

2015/11/06
Committee: ECON

2015/2127(INI)

Maria João RODRIGUES, Jakob von WEIZSÄCKER, Alessia Maria MOSCA, Anneliese DODDS, Hugues BAYET, Neena GILL, Elisa FERREIRA, Peter SIMON, Renato SORU, Doru-Claudian FRUNZULICĂ

Draft opinion
Paragraph 6

6. Calls on the EIB Group to refrain from cooperating with financial partners with a negative track record, particularly in the field of corporate taxation, and to enforce prevention measures against tax havens, tax fraud and tax evasion as well as aggressive tax avoidance; requests a list of outstanding EIB Group transactions involving counterparts established in jurisdictions featuring on the Commission's list of "top 30" tax havens around the world;

2015/11/06
Committee: ECON

2015/2127(INI)

Maria João RODRIGUES, Anneliese DODDS, Jakob von WEIZSÄCKER, Peter SIMON, Renato SORU, Elisa FERREIRA, Doru-Claudian FRUNZULICĂ

Draft opinion
Paragraph 6 a (new)

6a. Calls on the EIB to adopt an effective and up-to-date Responsible Taxation Policy, to be overseen by a Tax Unit and detailed within an Annual Tax Report; calls for this policy to include regular country tax assessments in order to identify problematic jurisdictions; calls for this policy to involve the EIB actively using its relocation clause and systematically publishing the domicile of funds which benefit from EIB support, as well as the domicile of the ultimate beneficiaries of the funds if they are supported by financial intermediaries;

2015/11/06
Committee: ECON

2015/2127(INI)

Maria João RODRIGUES, Jakob von WEIZSÄCKER, Alessia Maria MOSCA, Anneliese DODDS, Hugues BAYET, Neena GILL, Elisa FERREIRA, Peter SIMON, Renato SORU, Doru-Claudian FRUNZULICĂ

Draft opinion
Paragraph 8

8. Calls on the EIB Group to further enhance transparency and access to information ~~both interna~~for the Parliament and other EU institutions as welly ands for the public, especially regarding the selection, monitoring and evaluation of activities and programmes;

2015/11/06
Committee: ECON

2015/2127(INI)

Maria João RODRIGUES, Anneliese DODDS, Jakob von WEIZSÄCKER, Peter SIMON, Renato SORU, Elisa FERREIRA, Doru-Claudian FRUNZULICĂ

Draft opinion
Paragraph 9

9. Requests the EIB to increase its reporting to Parliament regarding its decisions, progress achieved and the impact of its lending activities within and outside the EU; requests that this include regular reports to the European Parliament and other stakeholders on the implementation of its Non-Compliant Jurisdiction Policy, including the number of applications which have been turned down for failing to comply with this policy, as well as the number of relocations which have been requested and implemented.

2015/11/06
Committee: ECON

2015/2127(INI)

Maria João RODRIGUES, Jakob von WEIZSÄCKER, Alessia Maria MOSCA, Anneliese DODDS, Hugues BAYET, Neena GILL, Udo BULLMANN, Elisa FERREIRA, Peter SIMON, Renato SORU, Doru-Claudian FRUNZULICĂ

Draft opinion
Paragraph 9

9. Requests the EIB Group to increase its reporting to Parliament regarding its decisions, progress achieved and the impact of its lending activities within and outside the EU; calls on the EIB Group to engage in deeper dialogue with the Parliament on all its activities within the same scheme for reporting and accountability as set out in the EFSI regulation and to fully comply with the spirit and letter of the EFSI regulation, notably concerning inter-institutional cooperation with the Parliament.

2015/11/06
Committee: ECON

2015/2121(BUD)

Renato SORU

Motion for a resolution
Recital A

A. whereas Draft amending budget No 5/2015 aims to reinforce the Union's resources to manage migration and refugee flows, following recent tragedies in the Mediterranean and the increase in the dimension of migratory flows;

2015/06/15
Committee: BUDG

2015/2121(BUD)

Renato SORU

Motion for a resolution
Recital D a (new)

Da. whereas the financial burden related to the emergency has so far fallen mainly on the national budget of the southern coastal states of the Union;

2015/06/15
Committee: BUDG

2015/2121(BUD)

Renato SORU

Motion for a resolution
Recital D b (new)

Db. whereas in light of the macroeconomic forecast for the medium term and of the opposing demographic trends within the Union and in the neighboring areas, particularly in West and Central Africa, the increase in migration to Europe cannot be considered to be a temporary phenomenon;

2015/06/15
Committee: BUDG

2015/2121(BUD)

Renato SORU

Motion for a resolution
Recital E

E. whereas Draft amending budget No 5/2015 also increases the staffing level of 3 agencies, namely 16 additional posts for FRONTEX, 4 posts for the European Asylum Support Office (EASO) and 3 posts for the European Police Office (Europol); whereas this increase in FRONTEX, Europol and EASO remains insufficient to properly address the emergency;

2015/06/15
Committee: BUDG

2015/2121(BUD)

Renato SORU

Motion for a resolution
Recital E a (new)

Ea. Whereas, where migration flows are not managed in an effective and timely manner, they may lead to considerable costs in other areas such as public health and safety;

2015/06/15
Committee: BUDG

2015/2121(BUD)

Renato SORU

Motion for a resolution
Paragraph 4 a (new)

4a. Regrets the divisions which have emerged between Member States in the Council on the proposal of the European Commission contained in the "European Agenda on Migration"; recalls that, due to the nature of the migration phenomenon, the emergency can only be effectively handled at Union level;

2015/06/15
Committee: BUDG

2015/2115(INI)

Renato SORU, Andrea COZZOLINO, Alessia Maria MOSCA, Isabella DE MONTE

Motion for a resolution
Recital C a (new)

Ca. whereas low energy prices, while having a negative impact on inflation expectations, could potentially help the economic recovery;

2015/10/29
Committee: ECON

2015/2115(INI)

Renato SORU, Andrea COZZOLINO, Alessia Maria MOSCA, Isabella DE MONTE

Motion for a resolution
Paragraph 1 a (new)

1a. Considers that the unconventional measures adopted by the ECB had a positive impact on the European economy, but are insufficient to guarantee economic growth if not accompanied by coordinated, expansive fiscal policies;

2015/10/29
Committee: ECON

2015/2115(INI)

Renato SORU, Andrea COZZOLINO, Alessia Maria MOSCA, Isabella DE MONTE

Motion for a resolution
Paragraph 2

2. Deplores the existing gap between financing rates granted to SMEs and those granted to bigger companies and the gap in financing rates granted to SMEs located in different countries; considers that this long-standing problem is cannot ~~appropriately~~be addressed by the recent measures implemented by the ECB to boost bank lending;

2015/10/29
Committee: ECON

2015/2115(INI)

Renato SORU, Andrea COZZOLINO, Alessia Maria MOSCA, Isabella DE MONTE

Motion for a resolution
Paragraph 2 a (new)

2a. Recalls that SMEs are the backbone of the European economy and that the banking system is instrumental in ensuring their competitiveness and their growth; welcomes the introduction of the SMEs Supporting Factor by the CRR; invites the ECB to adopt measures aimed at further facilitating financing to small and medium enterprises;

2015/10/29
Committee: ECON

2015/2115(INI)

Renato SORU, Andrea COZZOLINO, Alessia Maria MOSCA, Isabella DE MONTE

Motion for a resolution
Paragraph 3

3. Stresses that, despite the ECB pursuing its actions in order to maintain favourable financing conditions, private investment in the euro area remains significantly below its levels prior to the current crisis;

2015/10/29
Committee: ECON

2015/2115(INI)

Renato SORU, Andrea COZZOLINO, Alessia Maria MOSCA, Isabella DE MONTE

Motion for a resolution
Paragraph 4

4. ~~Acknowledg~~Welcomes that, in reaction to a complex environment of falling inflation, contraction of credit and sluggish economic growth, and with its interest rates close to the zero lower bound, the ECB resorted to non-conventional monetary policy instruments;

2015/10/29
Committee: ECON

2015/2115(INI)

Renato SORU, Andrea COZZOLINO, Alessia Maria MOSCA, Isabella DE MONTE

Motion for a resolution
Paragraph 4 a (new)

4a. Invites the ECB to consider in its balance sheet expansion policy the purchase of EIB project bonds and the participation in projects funded by the EFSI, thus contributing to the general economic policies in the Union and to the achievement of their objectives, as per Article 282 TFEU;

2015/10/29
Committee: ECON

2015/2115(INI)

Renato SORU, Andrea COZZOLINO, Alessia Maria MOSCA, Isabella DE MONTE

Motion for a resolution
Paragraph 5 a (new)

5a. Points out that the below-target level of inflation registered in past years and also expected for the coming years will have an impact on the debt reduction programmes of several Member States;

2015/10/29
Committee: ECON

2015/2115(INI)

Renato SORU, Andrea COZZOLINO, Alessia Maria MOSCA, Isabella DE MONTE

Motion for a resolution
Paragraph 7

7. Stresses that the positive impact of the Asset Purchase Programme (APP) on money and credit dynamics remains modest, with new loans to enterprises still weak and with significant differences across euro area economies; notes that since the launch of the APP, medium-term inflation expectations have risen, gradually converging towards the target of 2 %, while the risks of a deflation trap have decreased; ~~asks the ECB to apply the APP to all Member States, without discrimination;~~

2015/10/29
Committee: ECON

2015/2115(INI)

Renato SORU, Andrea COZZOLINO, Alessia Maria MOSCA, Isabella DE MONTE

Motion for a resolution
Paragraph 7 a (new)

7a. Notes that global economic growth is still sluggish, with downside risk for the emerging markets; highlights the possible repercussion on the European economy; invites the ECB to adjust the size, composition and duration of the Asset Purchase Programme (APP) accordingly;

2015/10/29
Committee: ECON

2015/2115(INI)

Renato SORU, Andrea COZZOLINO, Alessia Maria MOSCA, Isabella DE MONTE

Motion for a resolution
Paragraph 9

9. Notes that, according to the ECJ judgment of 16 June 2015 in Case C-62/14, ~~when~~ the ECB programme for the purchases of government bonds on secondary markets ~~it is exposed to a significant risk of losses as well as to the risk of a debt cut~~does not exceed the powers of the ECB in relation to monetary policy and does not contravene the prohibition of monetary financing of Member States;

2015/10/29
Committee: ECON

2015/2115(INI)

Renato SORU, Andrea COZZOLINO, Alessia Maria MOSCA, Isabella DE MONTE

Motion for a resolution
Paragraph 10

10. Stresses that the high and divergent levels of public and private indebtedness in some Member States are obstacles to the correct transmission of monetary policy, and that th~~e non-conventional monetary policy implemented by the ECB is not able to change this situation~~is situation cannot be address by the ECB, but it requires coordinated political decision at European level;

2015/10/29
Committee: ECON

2015/2108(INI)

Flavio ZANONATO, Patrizia TOIA, Simona BONAFÈ, Renato SORU, Soledad CABEZÓN RUIZ

Motion for a resolution
Paragraph 19 – subparagraph 1 (new)

19a. Mediterranean Region Acknowledges that, due to demographic and GDP growth, expected energy demand in the South and East Mediterranean will double by 2022, with 20% of new generation capacity coming from RES; notes that, given the overcapacity in most European countries, the optimization of energy flows requires market integration through the development of new infrastructures; stresses the importance of new electricity interconnections between European and North African markets, as this would be beneficial from a strategic as well as economic point of view, contributing to security of supply and to the development of integrated RES systems between Europe and North Africa.

2015/08/04
Committee: ITRE

2015/2106(INI)

Alessia Maria MOSCA, Renato SORU, Isabella DE MONTE, Andrea COZZOLINO

Motion for a resolution
Citation 15

– having regard to the European Systemic Risk Board report on the regulatory treatment of sovereign exposures of March 20155 , __________________ 5 http://www.esrb.europa.eu/pub/pdf/other/e srbreportregulatorytreatmentsovereignexp osures032015.en.pdf?29664e3495a886d80 6863aac942fcdae.deleted

2015/09/25
Committee: ECON

2015/2106(INI)

Renato SORU, Andrea COZZOLINO, Alessia Maria MOSCA

Motion for a resolution
Recital C a (new)

Ca. whereas the crisis in the financial sector, which resulted in a sovereign debt crisis, has produced a serious and persistent recession and whereas, despite the outlook for growth in Europe having improved, full recovery has still not yet been achieved;

2015/09/25
Committee: ECON

2015/2106(INI)

Renato SORU, Alessia Maria MOSCA, Andrea COZZOLINO

Motion for a resolution
Paragraph 3 a (new)

3a. Notes that increased supervision could lead to some financial activities moving away to the shadow banking system, as anticipated in the Liikanen Report; calls for reforms aimed at greater financial stability and already underway, including structural reform of the banking sector, to be completed;

2015/09/25
Committee: ECON

2015/2106(INI)

Renato SORU, Alessia Maria MOSCA, Andrea COZZOLINO

Motion for a resolution
Paragraph 5

5. Believes that an effective and efficient EU financial services regulation should be coherent, consistent (also on a cross- sectoral basis), proportionate, and free of superfluous complexity; believes that it should enable intermediaries to fulfil their role in funding the real economy and serve savers and investors, at the same time preventing crises from occurring and the subsequent negative repercussions on the real economy; considers that it should contribute to the single market and focus on goals better achievable at European level;

2015/09/25
Committee: ECON

2015/2106(INI)

Renato SORU, Andrea COZZOLINO, Alessia Maria MOSCA

Motion for a resolution
Paragraph 9

9. Highlights the benefits of asset diversification; emphasises that the purpose of prudential regulation is ~~not to favour certain asset classes; calls for a risk-based approach to regulation, with the same rules being applied to the same risks~~to prevent further financial crises and their transfer to the real economy; believes that a more granular categorisation of asset classes is appropriate, in particular by establishing categories such as infrastructure;

2015/09/25
Committee: ECON

2015/2106(INI)

Alessia Maria MOSCA, Renato SORU, Andrea COZZOLINO, Isabella DE MONTE

Motion for a resolution
Paragraph 10

~~10. Stresses the need for consistency in the risk-based approach, including sovereign exposures; supports the work of the BCBS and ESRB in this regard;~~deleted

2015/09/25
Committee: ECON

2015/2106(INI)

Renato SORU, Alessia Maria MOSCA, Andrea COZZOLINO

Motion for a resolution
Paragraph 15

15. Notes the achievements in establishing a banking union; stresses that the next step has to be its full implementation, including full capitalisation of national Deposit Guarantee Schemes (DGS) and the Single Resolution Fund (SRF); emphasises the aim of avoiding moral hazard and ensuring that risk-takers bear the costs when their risks materialise; welcomes the analysis of the banking system carried out through the comprehensive assessment and the asset quality review, calls on the European Central Bank to continue such analyses and take them further;

2015/09/25
Committee: ECON

2015/2106(INI)

Renato SORU, Andrea COZZOLINO, Alessia Maria MOSCA

Motion for a resolution
Paragraph 17

17. Acknowledges the traditional reliance of SMEs on bank funding due to their specific nature, different risk profiles and variety across Europe and wishes to see them participate in the creation of the single capital market, in particular in the proposals promoting high-quality securitisation; calls on the Commission, in cooperation with the European Supervisory Authorities (ESAs) and the ECB, to analyse the obstacles to, and benefits of, the diversification of funding channels and how to enable ban~~ks to~~ increase in SME funding, including via innovative instruments and methods such as crowdfunding; suggests that the initiatives for improved SME funding should be expanded to mid-cap companies;

2015/09/25
Committee: ECON

2015/2106(INI)

Renato SORU, Alessia Maria MOSCA, Andrea COZZOLINO

Motion for a resolution
Paragraph 17 a (new)

17a. Welcomes initiatives to raise the level of public and private investment, and in SMEs in particular, such as those initiated under the European Fund for Strategic Investments; calls on the Commission to expand and prolong such initiatives;

2015/09/25
Committee: ECON

2015/2106(INI)

Renato SORU, Alessia Maria MOSCA, Andrea COZZOLINO

Motion for a resolution
Paragraph 21

21. Stresses that efforts for a cultural change in the financial sector have to be pursued further; acknowledges the benefits of relationship banking for consumers and SMEs, thanks also to instruments available through new digital technologies;

2015/09/25
Committee: ECON

2015/2106(INI)

Renato SORU, Alessia Maria MOSCA, Andrea COZZOLINO

Motion for a resolution
Paragraph 22

22. Demands a stronger focus on the global competitiveness of the EU financial sectors, without detriment to financial stability, when making policy;

2015/09/25
Committee: ECON

2015/2106(INI)

Renato SORU, Alessia Maria MOSCA, Andrea COZZOLINO

Motion for a resolution
Paragraph 29

29. Welcomes the objectives of the better regulation agenda; underlines the role of REFIT in achieving an efficient and effective financial services regulation; calls for the European Parliament to have a bigger role in the decisions and assessments intrinsic to this programme;

2015/09/25
Committee: ECON

2015/2106(INI)

Renato SORU, Alessia Maria MOSCA, Andrea COZZOLINO

Motion for a resolution
Paragraph 30

30. Believes that the ESAs and SSM have a crucial role to play in achieving the objectives of better regulation and supervision; calls on the Commission to furnish the ESAs with resources and staff commensurate with their growing supervisory responsibilities;

2015/09/25
Committee: ECON

2015/2010(INL)

Renato SORU

Motion for a resolution
Annex – title 3 – subtitle 7 – indent 2 a (new)

In line with the Commission Regulation (EU) No 651/2014, increased flexibility should also be granted to Regions experiencing severe economic problems, such as the Regions included in the Convergence and in the Competitiveness Objective, and to insular regions;

2015/10/13
Committee: ECON

2015/0009(COD)

Patrizia TOIA, Simona BONAFÈ, Renato SORU, Flavio ZANONATO

Proposal for a regulation
Recital 1

(1) The economic and financial crisis has led to a lowering of the level of investments within the Union. Investment has fallen by approximately 15% since its peak in 2007. The Union suffers, in particular those regions more affected by the crisis, from a lack of investment as a consequence of market uncertainty regarding the economic future and the fiscal constraints on Member States. This lack of investment slows economic recovery and negatively affects job creation, long-term growth prospects and competitiveness. Investment is a crucial component that will not only stimulate rapid economic and social recovery from the crisis, but also stimulate the creation of more and better jobs across the Union.

2015/03/16
Committee: ITRE

2015/0009(COD)

Patrizia TOIA, Simona BONAFÈ, Renato SORU, Flavio ZANONATO

Proposal for a regulation
Recital 4

(4) Throughout the economic and financial crisis, the Union has made efforts to promote growth, in particular through initiatives set out in the Europe 2020 strategy that put in place an approach for smart, sustainable and inclusive growth. The European Investment Bank ('EIB') has also strengthened its role in instigating and promoting investment within the Union, partly by way of an increase in capital in January 2013. Further action is required to coordinate policies and instruments and to ensure that the investment needs of the Union are addressed and that the liquidity available on the market is used efficiently and channelled towards the funding of viable investment projects.

2015/03/16
Committee: ITRE

2015/0009(COD)

Renato SORU, Patrizia TOIA, Simona BONAFÈ, Flavio ZANONATO

Proposal for a regulation
Recital 10

(10) The purpose of the EFSI should be to help resolve the difficulties in financing and implementing productive investments in the Union and to ensure increased access to financing. It is intended that increased access to financing should be of particular benefit to small and medium enterprises. It is also appropriate to extend the benefit of such increased access to financing to mid- cap companies, which are companies having up to 3000 employees. Overcoming Europe's current investment difficulties should contribute to strengthening the Union's economic, social and territorial cohesion and energy and resource efficiency by transitioning into a sustainable, digital and circular economy.

2015/03/16
Committee: ITRE

2015/0009(COD)

Patrizia TOIA, Simona BONAFÈ, Renato SORU, Flavio ZANONATO

Proposal for a regulation
Recital 11

(11) The EFSI should support strategic investments ~~with high economic value added contributing to achieving~~or operations between a Member State and a country falling within the scope of the European Neighbourhood Policy including the Strategic Partnership, the Enlargement Policy, and the European Economic Area or the European Free Trade Association, or between a Member State and an Overseas Country or Territory, as set out in Annex II of the Treaty on the Functioning of the European Union. The investments should guarantee high economic and social added value, promoting quality jobs, sustainable innovation, skills and high quality employment, integrating and completing the single market, boosting the competitiveness of the EU. These strategic projects should benefit from positive externalities created by public investment and European Structural and Investment Funds in order to achieve Union policy objectives.

2015/03/16
Committee: ITRE

2015/0009(COD)

Renato SORU, Patrizia TOIA, Simona BONAFÈ, Flavio ZANONATO

Proposal for a regulation
Recital 11 a (new)

(11a) The Commission Communication (COM(2010/245)) on a Digital Agenda for Europe and the Commission Communication (COM(2015/442)) "Towards a thriving data driven economy" have stressed the importance of the digital sector as a tool for sustainable and high quality economic growth, furthermore, they stress the need for the creation of framework conditions for its development. In order to grasp that opportunity, a special focus on digital investment and digital framework conditions is needed by means of earmarking a share of the granted guarantees for investment in networks and skills; by providing technical assistance for the establishment of dedicated investment platforms for aggregated project for digital development; and by broadening the "investment clause" for digital sectors investments.

2015/03/16
Committee: ITRE

2015/0009(COD)

Renato SORU, Patrizia TOIA, Simona BONAFÈ, Flavio ZANONATO

Proposal for a regulation
Recital 12

(12) Many small and medium enterprises, as well as small and/or innovative mid-cap companies, across the Union, particularly in Member States where SMEs face greater difficulties in accessing credit, require assistance to attract market financing, especially as regards investments that carry a greater degree of risk. The EFSI should help these businesses to overcome capital shortages by allowing the EIB (and the European Investment Fund ('EIF') where relevant) to provide direct and indirect equity injections, as well as to provide guarantees for high-quality securitisation of loans, and other products that are granted in pursuit of the aims of the EFSI.

2015/03/16
Committee: ITRE

2015/0009(COD)

Renato SORU, Pina PICIERNO, Alessia Maria MOSCA, Isabella DE MONTE, Daniele VIOTTI, Flavio ZANONATO

Proposal for a regulation
Recital 2

(2) Comprehensive action is required, especially in Countries with limited fiscal capacity, to reverse the vicious circle created by a lack of investment. Structural reforms and fiscal responsibility are necessary preconditions for stimulating investment. Along with a renewed impetus towards investment financing, these preconditions can contribute to establishing a virtuous circle, where investment projects help support employment and demand and lead to a sustained increase in growth potential.

2015/03/19
Committee: BUDG ECON

2015/0009(COD)

Simona BONAFÈ, Renato SORU, Patrizia TOIA, Flavio ZANONATO

Proposal for a regulation
Recital 13

(13) The EFSI should be established within the EIB in order to benefit from its experience and proven track record and in order for its operations to start to have a positive impact as quickly as possible. The ~~work of the EFSI on providing finance~~provision of EFSI funding to small and medium enterprises and small mid-cap companies should be channelled through the European Investment Fund ('EIF') and the EIB to benefit from its experience in these activities.

2015/03/16
Committee: ITRE

2015/0009(COD)

Renato SORU, Patrizia TOIA, Simona BONAFÈ, Flavio ZANONATO

Proposal for a regulation
Recital 14

(14) The EFSI should target projects delivering high societal, sustainable and economic added value. In particular, the EFSI should target projects that promote ~~job~~sustainable high quality employment creation, long- term sustainable growth and competitiveness, which will help achieve the EU's climate, energy and digital agenda goals. The EFSI should support a wide range of financial products, including equity, debt or guarantees, to best accommodate the needs of the individual project. This wide range of products should allow the EFSI to adapt to market needs whilst encouraging private investment in the projects. The EFSI should not be a substitute for private market finance but should instead catalyse private finance by addressing market failures and focusing on projects with a higher risk coefficient than the ones normally financed by the EIB so as to ensure the most effective and strategic use of public money. The requirement for consistency with State aid principles should contribute to such effective and strategic use.

2015/03/16
Committee: ITRE

2015/0009(COD)

Renato SORU, Patrizia TOIA, Simona BONAFÈ, Flavio ZANONATO

Proposal for a regulation
Recital 14 a (new)

(14a) When selecting the projects eligible under EFSI support, specific attention should be given to energy efficiency and digital solutions; when deciding on projects, it should be assessed whether the goals in terms of security of supply cannot be reached in a more sustainable and cost-effective way by using new digital technologies and ICT instead; this to ensure that projects are competing on equal terms with projects that are aimed at increasing energy supply or developing new infrastructures.

2015/03/16
Committee: ITRE

2015/0009(COD)

Simona BONAFÈ, Renato SORU, Patrizia TOIA, Flavio ZANONATO

Proposal for a regulation
Recital 15

(15) The EFSI should target projects with a higher risk-return profile than existing EIB and Union instruments and finance the riskier tranche of them to ensure additionality and complementarity over existing operations. The EFSI should aim at financeing projects across the ~~Union, including in the countries most affected by the financial crisi~~whole of the Union, above all where investment in percentage of GDP has substantially declined by taking into account the criteria of additionality and high risk profile in its investment policies. The EFSI should only be used where financing is not available from other sources ~~on reasonable terms~~.

2015/03/16
Committee: ITRE

2015/0009(COD)

Simona BONAFÈ, Renato SORU, Patrizia TOIA, Flavio ZANONATO

Proposal for a regulation
Recital 18 a (new)

(18a) On 13 January 2015, the European Commission presented a Communication on how it will apply the existing rules of the Stability and Growth Pact. National co-financing of operations supported by the EFSI, including in the transition period, are eligible to the flexibility within the existing rules of the Stability and Growth Pact, provided for by the Commission Communication of 13 January 2015, in accordance with the conditions and limits there included.

2015/03/16
Committee: ITRE

2015/0009(COD)

Renato SORU, Pina PICIERNO, Alessia Maria MOSCA, Isabella DE MONTE, Daniele VIOTTI, Flavio ZANONATO

Proposal for a regulation
Recital 10

(10) The purpose of the EFSI should be to help resolve the difficulties in financing and implementing productive investments in the Union and to ensure increased access to financing, with the aim of reducing unemployment level and boosting growth in Europe. It is intended that increased access to financing should be of particular benefit to small and medium enterprises. It is also appropriate to extend the benefit of such increased access to financing to mid- cap companies, which are companies having up to 3000 employees. Overcoming Europe's current investment difficulties should contribute to strengthening the Union's economic, social and territorial cohesion.

2015/03/19
Committee: BUDG ECON

2015/0009(COD)

Patrizia TOIA, Simona BONAFÈ, Renato SORU, Flavio ZANONATO

Proposal for a regulation
Recital 20

(20) At the level of projects, third parties may co-finance together with EFSI on a project-by-project basis or in investment platforms related to specific geographic or thematic sectors. Special attention should be given to dedicated investment platforms that focus on transformative sectors with high economic and social added value and investment platforms that aggregate small scale sustainable and innovative projects, notably driven by regions, cities and SMEs also in the digital sector; for example projects for high speed internet connection aimed at reducing digital divide.

2015/03/16
Committee: ITRE

2015/0009(COD)

Patrizia TOIA, Simona BONAFÈ, Renato SORU, Flavio ZANONATO

Proposal for a regulation
Recital 21

(21) Provided that all relevant eligibility criteria are fulfilled, third parties may co- finance together with EFSI on a project- by-project basis or in investment platforms related to geographic or thematic sectors. Member States may use European Structural Investment Funds to contribute to the financing of eligible projects that are supported by the EU guarantee. The flexibility of this approach should maximise the potential to attract investors to the areas of investment targeted by the EFSI.

2015/03/16
Committee: ITRE

2015/0009(COD)

Flavio ZANONATO, Patrizia TOIA, Renato SORU, Simona BONAFÈ

Proposal for a regulation
Recital 22

(22) In accordance with the Treaty on the Functioning of the European Union, Infrastructure and project investments supported under EFSI should be consistent with State aid rules. To that end, the Commission has announced that it will formulate a set of core principles, for the purpose of State aid assessments, which a project will have to meet to be eligible for support under the EFSI. If a project meets these criteria and receives support from the EFSI, the Commission has announced that any national complementary support, will be assessed under a simplified and accelerated State aid assessment whereby the only additional issue to be verified by the Commission will be the proportionality of public support (absence of overcompensation). The Commission has also announced that it will provide further guid~~ance~~elines on the set of core principles with a view to ensuring an efficient use of public funds that will have to ensure compliance with existing sectoral legislation on State aid in the case of projects that provide for the partial use of non-repayable public finance.

2015/03/16
Committee: ITRE

2015/0009(COD)

Renato SORU

Proposal for a regulation
Recital 23

(23) Given the need for urgent action within the Union, the EIB and the EIF may have financed additional projects, outside of their usual profile, in the course of 2015 before the entry into force of this Regulation. In order to maximise the benefit of the measures provided for in this Regulation, it should be possible for such additional projects to be included within the EU guarantee coverage in the event that they fulfil the substantive criteria set out in this Regulation.deleted

2015/03/16
Committee: ITRE

2015/0009(COD)

Renato SORU, Patrizia TOIA, Simona BONAFÈ, Flavio ZANONATO

Proposal for a regulation
Recital 26

(26) Alongside the financing operations that will be conducted through the EFSI, a European Investment Advisory Hub ('EIAH') should be created. The EIAH should provide strengthened support for project development ~~and prepar~~, preparation and aggregation across the Union, by building on the expertise of the Commission, the EIB, national promotional banks ~~and~~, the managing authorities of the European Structural and Investment Funds and best practices from projects such as ELENA (European Local Energy Assistance), InnovFin (EU Finance for Innovators) and the EEIF (European Energy Efficiency Fund). This should establish a single point of entry for questions related to technical assistance for investments within the Union.

2015/03/16
Committee: ITRE

2015/0009(COD)

Alessia Maria MOSCA, Renato SORU, Daniele VIOTTI, Pina PICIERNO, Isabella DE MONTE, Flavio ZANONATO, Silvia COSTA

Proposal for a regulation
Recital 11

(11) The EFSI should support strategic investments ~~with high economic value added contributing to achieving Union policy objectives.~~ or operations between a Member State and a country falling within the scope of the European Neighbourhood Policy including the Strategic Partnership, the Enlargement Policy, and the European Economic Area or the European Free Trade Association, or investments implementing the EU Macro-regional strategies and operations between a Member State and an Overseas Country or Territory, as set out in Annex II of the Treaty on the Functioning of the European Union. The investment should guarantee high economic, social and environmental value added, promoting quality jobs, sustainable innovation, skills and high quality employment, integrating and completing the single market, boosting the competitiveness of the EU. These strategic projects should benefit from positive externalities created by public investment and European Structural and Investment Funds in order to achieve Union policy objectives, including economic convergence between Member States and social cohesion.

2015/03/19
Committee: BUDG ECON

2015/0009(COD)

Renato SORU, Isabella DE MONTE, Daniele VIOTTI, Pina PICIERNO, Alessia Maria MOSCA, Patrizia TOIA, Flavio ZANONATO

Proposal for a regulation
Recital 12

(12) Many small and medium enterprises, ~~as well as mid-cap companies,~~including unincorporated enterprises, as well as mid-cap companies, business clusters and networks across the Union require assistance to attract market financing, especially as regards investments that carry a greater degree of risk. The EFSI should help these businesses to overcome capital shortages by allowing the EIB and the European Investment Fund ('EIF') to provide direct and indirect equity injections, as well as to provide guarantees for high-quality securitisation of loans, and other products that are granted in pursuit of the aims of the EFSI.

2015/03/19
Committee: BUDG ECON

2015/0009(COD)

Renato SORU, Patrizia TOIA, Simona BONAFÈ, Flavio ZANONATO

Proposal for a regulation
Recital 34

(34) To ensure accountability to European citizens, the EIB should regularly report to the European Parliament and the Council on the progress and impact of the EFSI. To that end, a semestrial Report, indicating at least: What projects have been financed, the financial instruments used and the state of implementation of funded projects should be produced. In case of failed projects, the Report shall include a thorough analysis of the situation, highlighting possible repercussion on the Guarantee fund.

2015/03/16
Committee: ITRE

2015/0009(COD)

Alessia Maria MOSCA, Renato SORU, Daniele VIOTTI, Pina PICIERNO, Isabella DE MONTE, Flavio ZANONATO

Proposal for a regulation
Recital 13

(13) The EFSI should be established within the EIB in order to benefit from its experience and proven track record and in order for its operations to start to have a positive impact as quickly as possible. The ~~work of the EFSI on providing finance to small and medium enterprise~~provision of EFSI funding to small and medium enterprises, unincorporated enterprises, business clusters and networks and small mid-cap companies ~~should~~may be channelled through the European Investment Fund ('EIF') and the EIB to benefit from ~~its~~their experience in these activities.

2015/03/19
Committee: BUDG ECON

2015/0009(COD)

Renato SORU, Daniele VIOTTI, Isabella DE MONTE, Alessia Maria MOSCA, Pina PICIERNO, Flavio ZANONATO, Patrizia TOIA

Proposal for a regulation
Recital 13

(13) The EFSI should be established within the EIB in order to benefit from its experience and proven track record and in order for its operations to start to have a positive impact as quickly as possible. The work of the EFSI on providing finance to small and medium enterprises, unincorporated enterprises, business clusters and networks and small mid-cap companies should be channelled through the European Investment Fund ('EIF') to benefit from its experience in these activities.

2015/03/19
Committee: BUDG ECON

2015/0009(COD)

Patrizia TOIA, Simona BONAFÈ, Renato SORU, Flavio ZANONATO

Proposal for a regulation
Article 1 – paragraph 1 – subparagraph 2

The purpose of the EFSI shall be to support investments in the Union conducive to competitive and sustainable growth with a view to overcome the investment gap among the Member States of the Union and to ensure increased access to financing for companies having up to 3 000 employees, with a particular focus on small and medium as well as innovative enterprises, start-ups and clusters of enterprises, through the supply of risk bearing capacity to the EIB ('EFSI Agreement').

2015/03/16
Committee: ITRE

2015/0009(COD)

Patrizia TOIA, Simona BONAFÈ, Renato SORU, Flavio ZANONATO

Proposal for a regulation
Article 1 – paragraph 2

2. The EFSI Agreement shall be open to accession by Member States. Subject to the consent of existing contributors, the EFSI Agreement shall also be open to accession by other third parties, ~~including~~notably national promotional banks or public agencies owned or controlled by Member States, dedicated investment platforms and private sector entities.

2015/03/16
Committee: ITRE

2015/0009(COD)

Patrizia TOIA, Simona BONAFÈ, Renato SORU, Flavio ZANONATO

Proposal for a regulation
Article 1 a (new)

Article 1a Definitions For the purposes of this Regulation, the following definition apply; (a) ´national promotional banks or institutions´ means legal entities carrying out a financial activity on a professional basis and upon which are conferred a public mandate by a Member State, whether at central, regional or local level, to carry out public development or promotional activities, seeking to address market failures; (b)' Investment Platform' means a cofinancing arrangement established for financing projects through a special purpose vehicle, a managed account or a contract. An Investment Platform can be multi-country, regional, macro-regional (regrouping several Member States interested in large projects in a given geographic area), national (grouping certain investment projects on the territory of a given Member State) or sectorial (pooling across several Member States in one sector); (c) 'additionality' means the support by the EFSI of operations which address market failures or investment gaps and which could not have been carried out in that period under normal EIB instruments without EFSI support or to the same extent during that period under EIF and EU instruments. The projects supported by the EFSI, while striving to create jobs and growth, shall typically have a higher risk profile than projects supported by normal EIB operations

2015/03/16
Committee: ITRE

2015/0009(COD)

Renato SORU, Pina PICIERNO, Alessia Maria MOSCA, Isabella DE MONTE, Daniele VIOTTI, Flavio ZANONATO

Proposal for a regulation
Recital 14

(14) The EFSI should target projects delivering high societal and economic value and contributing to the objective of reducing unemployment. In particular, the EFSI should target projects that promote job creation, long- term growth and competitiveness and that favour convergence between European Regions. The EFSI should support a wide range of financial products, including equity, debt or guarantees, to best accommodate the needs of the individual project. This wide range of products should allow the EFSI to adapt to market needs whilst encouraging private investment in the projects. The EFSI should not be a substitute for private market finance but should instead catalyse private finance by addressing market failures so as to ensure the most effective and strategic use of public money. The requirement for consistency with State aid principles should contribute to such effective and strategic use.

2015/03/19
Committee: BUDG ECON

2015/0009(COD)

Patrizia TOIA, Simona BONAFÈ, Renato SORU, Flavio ZANONATO

Proposal for a regulation
Article 2 – paragraph 1 – subparagraph 1 – point g

(g) requirements governing the use of the EU guarantee, including within specific time frames, key projects and fields of financing set out in article 5.2 and key performance indicators;

2015/03/16
Committee: ITRE

2015/0009(COD)

Renato SORU, Patrizia TOIA, Simona BONAFÈ, Flavio ZANONATO

Proposal for a regulation
Article 2 – paragraph 1 – subparagraph 3

The EFSI Agreement shall provide that EFSI activities conducted by the EIF are to be governed by the EIF governing bodies, in accordance with the disposition of the present Regulation, in particular in Article 5.

2015/03/16
Committee: ITRE

2015/0009(COD)

Patrizia TOIA, Simona BONAFÈ, Renato SORU, Flavio ZANONATO

Proposal for a regulation
Article 2 – paragraph 2 – subparagraph 1

The EFSI Agreement shall provide for the creation of a European Investment Advisory Hub ('EIAH') within the EIB. The EIAH shall have as its objective to build upon existing EIB and Commission advisory services in order to provide advisory support for investment project identification, preparation and development and act as a single technical advisory hub for project financing within the Union. This shall include support on the use of technical assistance for project structuring, use of innovative financial instruments, use of public-private partnerships and advice, as appropriate, on ~~relevant issues of EU legisl~~fields and areas of EU legislation and policies with particular relevance for the objectives set out in article 5 paragraph 2. EIAH shall provide targeted support in those areas taking into account technical assistance needs and capacity building gaps whenever they surface across Europe, irrespective of their geographic location.

2015/03/16
Committee: ITRE

2015/0009(COD)

Alessia Maria MOSCA, Renato SORU, Daniele VIOTTI, Pina PICIERNO, Isabella DE MONTE, Flavio ZANONATO

Proposal for a regulation
Recital 15

(15) The EFSI should target projects with a higher risk-return profile than existing EIB and Union instruments and finance their riskier tranche to ensure additionality over existing operations. The EFSI should aim at financeing projects across the ~~Union, including in the countries most affect~~whole of the Union, above all where investment in percentage of GDP has substantially declined, by t~~he financial crisi~~aking into account the criteria of additionality and high risk- profile in its investment policies. The EFSI should only be used where financing is not available from other sources on reasonable terms.

2015/03/19
Committee: BUDG ECON

2015/0009(COD)

Renato SORU, Patrizia TOIA, Simona BONAFÈ, Flavio ZANONATO

Proposal for a regulation
Article 2 – paragraph 2 – subparagraph 2

To meet that objective, the EIAH shall use the expertise of the EIB, the Commission, national promotional banks and the managing authorities of the European Structural and Investment Funds. and involve partners according to Article 5 of Regulation EU No 1303/2013. The EIAH shall especially build upon the good practices in programmes such as ELENA (European Local Energy Assistance), InnovFin (EU Finance for Innovators) and the EEIF (European Energy Efficiency Fund);

2015/03/16
Committee: ITRE

2015/0009(COD)

Pina PICIERNO, Isabella DE MONTE, Alessia Maria MOSCA, Renato SORU, Daniele VIOTTI, Flavio ZANONATO

Proposal for a regulation
Recital 16

(16) The EFSI should target investments that are expected to be economically ~~and technic~~, technically and environmentally viable, which may entail a degree of appropriate risk, whilst still meeting the particular requirements for EFSI financing.

2015/03/19
Committee: BUDG ECON

2015/0009(COD)

Patrizia TOIA, Simona BONAFÈ, Renato SORU, Flavio ZANONATO

Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 1

The EFSI Agreement shall provide that the EFSI shall have an Investment Committee, which shall be responsible for examining potential operations in line with the EFSI investment policies and approving the support of the EU guarantee for operations in line with Article 5, irrespective of their geographic location. and taking into consideration the principle of overall harmonious development of all regions of the Union.

2015/03/16
Committee: ITRE

2015/0009(COD)

Patrizia TOIA, Simona BONAFÈ, Renato SORU, Flavio ZANONATO

Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 2

The Investment Committee shall be composed of six independent experts and the Managing Director. Independent experts shall have a high level of relevant market experience in project finance, as well as in regional economic and social development and be appointed by the Steering Board for a renewable fixed term of three years.

2015/03/16
Committee: ITRE

2015/0009(COD)

Simona BONAFÈ, Renato SORU, Patrizia TOIA, Flavio ZANONATO

Proposal for a regulation
Article 4 – paragraph 1

The Union shall provide a ~~guarantee to the EIB for financing or investment operations carried out within the~~n irrevocable and unconditional guarantee for financing or investment operations carried out within the Union, or operations between a Member State and a country falling within the scope of the European Neighbourhood Policy including the Strategic Partnership, the Enlargement Policy, and the European Economic Area or the European Free Trade Association, or between a Member State and an Overseas Country or Territory, as set out in Annex II of the Treaty on the Functioning of the European Union, covered by this Regulation (‘EU guarantee’). The EU guarantee shall be granted as a guarantee on demand in respect of instruments referred to in Article 6.

2015/03/16
Committee: ITRE

2015/0009(COD)

Renato SORU

Proposal for a regulation
Article 5 – paragraph 2 – introductory part

The EU guarantee shall be granted for EIB financing and investment operations, focused at fostering the transition towards a smart, sustainable and decarbonized economy and at speeding up the transition towards a digital economy, based on the smart use of new available technologies approved by the Investment Committee referred to in Article 3(5) or funding to the EIF in order to conduct EIB financing and investment operations in accordance with Article 7(2). The operations concerned shall be consistent with Union policies and support any of the following general objectives:

2015/03/16
Committee: ITRE

2015/0009(COD)

Renato SORU, Alessia Maria MOSCA, Isabella DE MONTE, Daniele VIOTTI, Pina PICIERNO, Flavio ZANONATO

Proposal for a regulation
Recital 17

(17) Decisions on the use of the EFSI support ~~for infrastructure and large mid- cap~~ projects should be made by an Investment Committee. In order to select the best projects and to ensure the achievement of the EFSI objectives, the Investment Committee should cooperate with national and sectorial investment platforms. The Investment Committee should be composed of independent experts who are knowledgeable and experienced in the areas of investment projects. The Investment Committee should be accountable to a Steering Board of the EFSI, who should supervise the fulfilment of the EFSI's objectives. To effectively benefit from the experience of the EIF, the EFSI should support funding to the EIF to allow the EIF to undertake individual projects in the areas of small and medium enterprises and small mid-cap companies.

2015/03/19
Committee: BUDG ECON

2015/0009(COD)

Daniele VIOTTI, Pina PICIERNO, Renato SORU, Isabella DE MONTE, Alessia Maria MOSCA, Flavio ZANONATO

Proposal for a regulation
Recital 18

(18) In order to enable the EFSI to support investments, the Union should grant a guarantee of an amount equal to EUR 16 000 000 000. When provided on a portfolio basis, the guarantee coverage should be capped depending upon the type of instrument, such as debt, equity or guarantees, as a percentage of the volume of the portfolio of outstanding commitments. It is expected that when the guarantee is combined with EUR 5 000 000 000 to be provided by the EIB, that the EFSI support should generate EUR 60 800 000 000 additional investment by the EIB and EIF. This EUR 60 800 000 000 supported by the EFSI is expected to generate a total of at least EUR 315 000 000 000 in additional investment in the Union within the period 2015 to 2017. Additional Member State contributions to the EFSI's capital would increase this amount and thereby bring the Fund's investment closer to actual needs. Guarantees that are attached to projects which are completed without a call on a guarantee are available for supporting new operations.

2015/03/25
Committee: BUDG ECON

Daniele VIOTTI, Pina PICIERNO, Renato SORU, Isabella DE MONTE, Alessia Maria MOSCA, Jonás FERNÁNDEZ, Patrizia TOIA, Flavio ZANONATO

Proposal for a regulation
Recital 36 a (new)

(36a) Member States should receive equal treatment with regard to one-off measures consisting of financial contribution to the EFSI investments. National contributions to EFSI eligible investment platforms and individual projects, via direct public budget transfers or National Promotional Banks, including those undertaken in the transitional period referred to by article 20 will be considered by the Commission in the assessment to be made under the existing rules of the Pact the same way as one-off capital contributions to the EFSI.

2015/03/25
Committee: BUDG ECON

Danuta Maria HÜBNER, Krišjānis KARIŅŠ, Renato SORU

Proposal for a regulation
Article 4 – paragraph 1 – subparagraph 3a (new)

Where a financial counterparty concludes an SFT with a non-financial counterparty which on its balance sheet dates does not exceed the limits of at least two of the three criteria defined in Article 3(3) of Directive 2013/34/EU, the reporting obligations of both counterparties apply only to the financial counterparty.

2015/02/04
Committee: ECON

2014/0017(COD)

Renato SORU

Proposal for a regulation
Article 20 – paragraph 4 – subparagraph 2 a (new)

The powers conferred on competent authorities as set out in this paragraph are without prejudice to the exclusive competence of the ECB, pursuant to Article 4(1)(a) of Council Regulation (EU) No 1024/2013, to withdraw authorisations of credit institutions for prudential supervisory purposes.

2015/02/04
Committee: ECON