11 Amendments of Jonás FERNÁNDEZ related to 2018/2161(INI)
Amendment 35 #
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3 a. Acknowledges the EIB's contribution to restoring investment activity in the EU after the economic and financial crisis and the policies of excessive fiscal adjustment, that impacted negatively on investment; stresses that the EIB's activities should keep ensuring additionality while addressing underlying investment gaps in both public and private sectors;
Amendment 36 #
Motion for a resolution
Paragraph 3 b (new)
Paragraph 3 b (new)
3 b. Points out that additionality of EIB financing also consists in providing technical advice and capacity-building in order to help projects to become investment-ready and quick mobilization of resources, faster than in the private sector;
Amendment 38 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Stresses that 700 000 SMEs are set to benefit from improved access to finance, and notes that the EIB’s Economics Department and the Commission’s Joint Research Centre estimate that EFSI operations have already supported more than 750 000 jobs, with the figure set to rise to 1.4 million jobs by 2020, and; Welcomes the fact that the Juncker Plan has already increased EU GDP by 0.6 % and is set to increase EU GDP by 1.3 % by 2020; Considers that EIB loans should increase in nominal and real terms every year, at least as far as the investment gap is not filled;
Amendment 86 #
Motion for a resolution
Paragraph 8 a (new)
Paragraph 8 a (new)
8 a. Reminds that more than 90% of EU SMEs are microenterprises providing for 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 90 #
Motion for a resolution
Paragraph 9 a (new)
Paragraph 9 a (new)
9 a. Believes that the communication of the EIB Group, in cooperation with its relevant national partners, should be improved in order to raise the SMEs awareness of their financing possibilities and to better inform citizens of the local and concrete projects financed by the EIB;
Amendment 116 #
Motion for a resolution
Paragraph 13 a (new)
Paragraph 13 a (new)
13 a. 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 129 #
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15 a. Emphasises that the EIB played and continues to play a positive role in reducing the negative public and private investment gap;
Amendment 157 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Urges the Brexit negotiators to agree on a deal regarding the UK’s liability resulting from the EIB portfolio built up with UK participation, the reimbursement of the UK’s paid-in capital, a continuation of the protections extended to the EIB and its assets in the UK; calls on the Member States to make sure that the departure of the United Kingdom does not result in a loss of capital for the EIB;
Amendment 161 #
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17 a. Calls on the EIB to take into account the local context when investing in third countries; recalls that investing in third countries cannot be based only on a profit maximisation approach but also aim at generating long-term private sector-led sustainable economic growth and reduce poverty through job creation and improved access to productive resources; believes that the choice of financial intermediaries should be stricter in this regard;
Amendment 164 #
Motion for a resolution
Paragraph 17 b (new)
Paragraph 17 b (new)
17 b. Welcomes the will of the EIB to adopt the highest standards in order to prevent tax fraud, tax evasion, tax avoidance, aggressive tax planning, money laundering and financing of terrorism; calls nevertheless on the EIB to keep improving its procedures and to avoid at all cost to cooperate with intermediaries, jurisdictions and countries that do not comply with OECD and EU standards;
Amendment 165 #
Motion for a resolution
Paragraph 17 c (new)
Paragraph 17 c (new)
17 c. Calls for more comprehensive, frequent and proper parliamentary accountability of EIB, following the model of the ECB's monetary dialogues;