19 Amendments of Jonás FERNÁNDEZ related to 2017/2071(INI)
Amendment 9 #
1b. Encourages the EIB further expand its macroeconomic analysis capability, including research regarding the macroeconomic impact of its activities, as well as its general analytical work and sectoral studies, and the range of empirical papers and publications, thereby becoming as well a "knowledge bank";
Amendment 10 #
Draft opinion
Paragraph 1 c (new)
Paragraph 1 c (new)
1c. Calls on the EIB to continue improving the assessment of projects, by using richer, more precise and refined impact indicators;
Amendment 11 #
Draft opinion
Paragraph 1 d (new)
Paragraph 1 d (new)
1d. In order to keep bioeconomy investments in Europe, demonstration and flagship investment project proposals that have been positively evaluated by the Bio- Based Industries Joint Undertaking (BBI JU) but could not be funded under the BBI JU program because of a lack of available budget, shall be eligible for ‘fast-track’ simplified procedure for EIB funding that would be limited to a financial assessment;
Amendment 18 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Considers that EIB loans should increase in nominal and real terms every year, at least as far as the investment gap caused by the financial and economic crisis and the policies of fiscal adjustment is not filled;
Amendment 20 #
Draft opinion
Paragraph 2 c (new)
Paragraph 2 c (new)
2c. Notes that the Parliament resolution of 22 November 2016 on the Green Paper on Retail Financial Services, in its paragraph 47, calls on ‘the Commission to put forward a proposal on the creation of an “EU savings account” in order to unlock long-term financing and support ecological transition in Europe'; suggests therefore that the EIB undertakes an study on the viability of creating the said EU savings account, in order to channel individual savings to the EIB for the financing of the circular economy and the ecological transition, bio-based industries and sustainable development;
Amendment 21 #
Draft opinion
Paragraph 2 d (new)
Paragraph 2 d (new)
2d. Considers that the EIB should continue to prioritise investments in the fight against climate, the circular economy, and bio-economy, and in particular in the recycling industry, renewable energy, sustainable and last generation biofuels that do not crowd out food supply, non-fossil fuel-based alternative transport methods, bio-based industries and biomass, green building, biotechnologies, bioplastics and organic farming;
Amendment 22 #
Draft opinion
Paragraph 2 e (new)
Paragraph 2 e (new)
2e. Encourages the EIB to, in particular, increase financing to the bio- economy sector, including bio-based industries, biotechnology and the efficient management of natural resources, particularly in crisis-affected Member States and Regions, in partnership with Bio-Based Industries Joint Undertaking (BBI JU), the €3.7 billion Public-Private Partnership on Bio-based Industries between the European Commission and the Bio-based Industries Consortium (BIC);
Amendment 23 #
Draft opinion
Paragraph 2 f (new)
Paragraph 2 f (new)
2f. Notes with concern that many biotechnological starts ups that exploit EU-financed science move to the United States for lack of private finance and venture capital in Europe; calls on the EIB to offer suitable financing alternatives to the said start-ups;
Amendment 33 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Calls on the EIB to continue financial support to indigenous energy sources in order to overcome Europe's high level of external energy dependency and ensure security of supply;
Amendment 34 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Calls on the EIB to help Member States to identify fundable projects whenever they call for financial assistance;
Amendment 35 #
Draft opinion
Paragraph 3 b (new)
Paragraph 3 b (new)
3b. Reminds that more than 90% of EU SMEs are microenterprises providing almost 30% of employment in the private sector; microenterprises are more vulnerable to economic shocks than larger firms and may remain underserved in credit provision; believes that in the domain of access to finance, the EIB could emphasise bridging possible funding gaps for microenterprises through financial instruments and products such as microfinance facilities and guarantees;
Amendment 45 #
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Calls on the EIB, taking into account the insufficient project generation capacity in the public and private sectors and the lower borrowing capacity in some Member States, and with a view to reducing the investment shortfall in the EU, to consider an approach whereby contributions made on a one-off basis to EIB-funded projects by Member States, whether by a Member State as such or by national promotional banks classified in the general government sector or acting on behalf of a Member State, would qualify as one-off measures within the meaning of Article 5 of Council Regulation (EC) No 1466/971 a and Article 3 of Council Regulation (EC) No 1467/971 b; _________________ 1a Council Regulation (EC) No 1466/97 of 7 July 1997 on the strengthening of the surveillance of budgetary positions and the surveillance and coordination of economic policies 1b Council Regulation (EC) No 1467/97 of 7 July 1997 on speeding up and clarifying the implementation of the excessive deficit procedure
Amendment 47 #
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Considers that the EIB should move towards the development bank model by establishing, among other plans, programme strategies agreed with the Member States and within the framework of the national reform programmes and country-specific recommendations;
Amendment 49 #
Draft opinion
Paragraph 4 b (new)
Paragraph 4 b (new)
4b. Points out that it is important to fund projects that intensively use labour to maximise the impact in terms of job creation; Calls on the EIB to provide detailed information on the direct and indirect jobs created by every project funded;
Amendment 50 #
Draft opinion
Paragraph 4 b (new)
Paragraph 4 b (new)
4b. Calls on the EIB to draw up a strategy for remedying the fact that SMEs, when they are based in a country in which the economic and banking context is unfavourable, have difficulties in gaining access to project financing;
Amendment 77 #
Draft opinion
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Calls for an increase in financial assistance for projects that have a positive impact on refugees and other migrants, and that are located in Member States that receive the largest flows of refugees and migrants;
Amendment 90 #
Draft opinion
Paragraph 8 a (new)
Paragraph 8 a (new)
8a. Suggests that the EIB facilitates the direct purchase of EIB bonds by EU citizens and residents, through the opening of an online sale system in its website, and/or through its commercialization by Member States NCBs, postal services and other suitable providers;
Amendment 91 #
Draft opinion
Paragraph 8 b (new)
Paragraph 8 b (new)
8b. Notes that, even though most EU citizens are unaware, EIB bonds are the only example of Union debt issuances;
Amendment 97 #
Draft opinion
Paragraph 9 a (new)
Paragraph 9 a (new)
9a. Calls for more comprehensive, frequent and proper parliamentary accountability of EIB, following the model of the ECB´s monetary dialogues;