9 Amendments of Michela GIUFFRIDA related to 2016/2302(INI)
Amendment 4 #
Draft opinion
Recital A a (new)
Recital A a (new)
Aa. whereas rural areas are often isolated and suffer from infrastructural shortcomings that undermine the development of building activity and agricultural production;
Amendment 8 #
Draft opinion
Recital B a (new)
Recital B a (new)
Ba. whereas in certain regions, such as mountain areas and islands, agriculture is the main economic activity and its development is of fundamental importance for achieving the territorial cohesion objectives;
Amendment 29 #
Draft opinion
Paragraph 2
Paragraph 2
2. Points out that in many situations access to credit poses an obstacle to investment, in particular for young farmers, either because of the high costs or because of the guarantees that the financial system requires; believes that more effective implementation of financial instruments would help promote policies designed to improve access to credit;
Amendment 37 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. stresses that financial instruments and subsidies must be effectively coordinated to stimulate investment, especially in agricultural innovation;
Amendment 39 #
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Acknowledges that financial instruments can complement grants, but emphasises the need to ensure that they do not replace them;
Amendment 55 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Emphasises that although they are supporting the same Cohesion Policy objectives, ESI Funds’ grants and financial instruments under shared management have different intervention logic and application addressing territorial development needs, sectoral needs or market needs;
Amendment 58 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Recognises that grants have some strengths as compared to financial instruments: supporting projects that do not necessarily generate revenue, providing funding to projects that for various reasons cannot attract private or public funding, targeting specific beneficiaries, issues and regional priorities, and lower complexity of use owing to existing experience and capacity; acknowledges that in some cases grants are bound to limitations: difficulties in achieving project quality and sustainability, risk of substituting public funding in the long-run and a crowding-out effect for potential private investment even when projects may have a revolving nature;
Amendment 139 #
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15a. Emphasises the need for the more effective provision of information to beneficiaries about the opportunities offered by financial instruments and the scope for combining them with grants; calls on the EIB and local and regional authorities to work together to launch information, communication, training and advisory campaigns regarding access to financial instruments;
Amendment 147 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Welcomes the existing technical assistance practices provided by the Commission and the EIB Group through the fi-compass platform; regrets that the on-the-ground support services to authorities and especially to recipients of financial instruments, including EFSI, are limited; calls for a joint technical assistance plan by the Commission and the EIB comprising financial and non-financial advice as well as capacity building, targeted at national authorities as well as fund managers and beneficiaries;