16 Amendments of Jonás FERNÁNDEZ related to 2020/0106(COD)
Amendment 75 #
Proposal for a regulation
Recital 3
Recital 3
(3) In order to counter the severe economic consequences of the Covid-19 pandemic in the Union, companies that have encountered difficulties because of the economic crisis caused by the pandemic and that cannot obtain sufficient support through market financing, and/or debt financing, or measures undertaken by Member States, should be provided with a facility for solvency support as a matter of urgency under a Solvency Support Instrument which should be added as a third window under the EFSI. The tourism sector which has suffered severe economic consequences due to the COVID-19 pandemic should be given specific attention.
Amendment 141 #
Proposal for a regulation
Recital 13
Recital 13
(13) An amount of EUR 100 000 000 should be established to support the set-up and, the management and the monitoring of investment funds, special purpose vehicles and investment platforms in Member States, in particular in those which do not have developed equity fund markets, and to support the green and digital transformation of companies financed under the solvency support window.
Amendment 145 #
Proposal for a regulation
Recital 14
Recital 14
(14) The Investment Committee under the InvestEU Regulation should become responsible for granting the EU guarantee also under this Regulation once it is established. With a view to ensure adequate expertise and choices, a dedicated sub-committee should be created for the solvency support window.
Amendment 150 #
Proposal for a regulation
Recital 14 a (new)
Recital 14 a (new)
(14a) Support granted under the solvency support window should actively participate in maintaining highest levels of employment possible or support companies that offer clear opportunities to retrain in case the level of employment preceding the pandemic cannot be maintained.
Amendment 151 #
Proposal for a regulation
Recital 14 b (new)
Recital 14 b (new)
(14b) To avoid any fragmentation of the Single market and guarantee the adequate distribution of investments guaranteed by the solvency support window, a list of final beneficiaries should be made accessible by the EIB Group on an annual basis.
Amendment 164 #
Proposal for a regulation
Article 1 – paragraph 1 – point 4 a (new)
Article 1 – paragraph 1 – point 4 a (new)
Regulation (EU) 2015/1017
Article 5 – paragraph 2 a (new)
Article 5 – paragraph 2 a (new)
(4a) In Article 5, the following paragraph is added: "2a. Under the solvency support window, the Steering Board shall adjust the project mix in order to ensure that priority for support is granted to companies with high potential for green or digital transformation."
Amendment 170 #
Proposal for a regulation
Article 1 – paragraph 1 – point 5 a (new)
Article 1 – paragraph 1 – point 5 a (new)
Regulation (EU) 2015/1017
Article 6 – paragraph 1 – point b
Article 6 – paragraph 1 – point b
(5a) In Article 6(1), point b is amended as follows: (b) are consistent with Union policies, including the objective of smart, sustainable and inclusive growth, quality job creation, and economic, social and territorial cohesion and green and digital transformation;
Amendment 175 #
Proposal for a regulation
Article 1 – paragraph 1 – point 7 a (new)
Article 1 – paragraph 1 – point 7 a (new)
Regulation (EU) 2015/1017
Article 7 – paragraph 8 – subparagraph 1 a (new)
Article 7 – paragraph 8 – subparagraph 1 a (new)
(7a) In Article 7(8), the following subparagraph is inserted after the first subparagraph: "‘When in need of specific analysis and expertise, the Investment Committee is assisted by a dedicated sub-committee; a subcommittee on solvency support should be created once this Regulation enters into force."
Amendment 176 #
Proposal for a regulation
Article 1 – paragraph 1 – point 7 b (new)
Article 1 – paragraph 1 – point 7 b (new)
Regulation (EU) 2015/1017
Article 7 – paragraph 8 – subparagraph 3 – point i
Article 7 – paragraph 8 – subparagraph 3 – point i
Amendment 187 #
Proposal for a regulation
Article 1 – paragraph 1 – point 10 a (new)
Article 1 – paragraph 1 – point 10 a (new)
Regulation (EU) 2015/1017
Article 9 – paragraph 2 – subparagraph 3 – point b – introductory part
Article 9 – paragraph 2 – subparagraph 3 – point b – introductory part
(10a) In the third subparagraph of Article 9(2), the introductory part of point (b) is amended as follows: "(b) development of the energy sector in accordance with the Energy Union priorities, including security of energy supply, and the 2020, 2030 and 2050 climate and energy frameworks, the Green New Deal and the EIB energy lending policy, in particular through:"
Amendment 188 #
Proposal for a regulation
Article 1 – paragraph 1 – point 10 a (new)
Article 1 – paragraph 1 – point 10 a (new)
Regulation (EU) 2015/1017
Article 9 – paragraph 2 – subparagraph 3 – point c – introductory part
Article 9 – paragraph 2 – subparagraph 3 – point c – introductory part
(10a) In the third subparagraph of Article 9(2), the introductory part of point (c) is amended as follows: "(c) development of transport infrastructures, and equipment and innovative technologies for transport as well as transforming the transport sector towards climate neutrality, in particular through:"
Amendment 218 #
Proposal for a regulation
Article 1 – paragraph 1 – point 26 a (new)
Article 1 – paragraph 1 – point 26 a (new)
Regulation (EU) 2015/1017
Article 16 – paragraph 2 – point c
Article 16 – paragraph 2 – point c
(26a) In article 16(2), point (c) is amended as follows: ‘(c) an assessment of the extent to which operations covered by this Regulation contribute to the achievement of the general objectives set out in Article 9(2), in particular the European Green Deal and the Strategy on shaping Europe’s digital future, including an assessment of the level of EFSI investments in the areas of research, development and innovation and transport (including TEN-T and urban mobility), telecommunications, energy infrastructure and energy efficiency; ’
Amendment 220 #
Proposal for a regulation
Article 1 – paragraph 1 – point 27
Article 1 – paragraph 1 – point 27
Regulation (EU) 2015/1017
Article 16 – paragraph 2 – subparagraph 2 (new)
Article 16 – paragraph 2 – subparagraph 2 (new)
Operations under the solvency support window shall be reported on separately, as appropriate and as set out in the guarantee agreement. Each year, the EIB Group shall report publically to the co-legislators the list of final beneficiaries of the solvency support window via a database.
Amendment 228 #
Proposal for a regulation
Article 1 – paragraph 1 – point 29 a (new)
Article 1 – paragraph 1 – point 29 a (new)
Regulation (EU) 2015/1017
Article 18 – paragraph 3 – point b
Article 18 – paragraph 3 – point b
(29a) in Article18(3), point b is amended as follows: (b) the Commission shall publish a comprehensive report on the use of the EU guarantee and the functioning of the guarantee fund and its impact on the recovery of the Union in a post COVID-19 context, the solvency of companies in the Union, the participation to the delivery of the Green New Deal objective as well as the Strategy on shaping Europe’s digital future.
Amendment 245 #
Proposal for a regulation
Article 1 – paragraph 1 – point 31 – point 3
Article 1 – paragraph 1 – point 31 – point 3
Regulation (EU) 2015/1017
Annex II – Section 6 – point d – indent 5
Annex II – Section 6 – point d – indent 5
– Companies targeted by funds, special purpose vehicles or investment platforms shall be encouraged to comply, to the extent possible, with minimum high- level social and environmental safeguards in line with guidance provided by the Steering Board. Such guidance should include adequate provisions for avoiding undue administrative burdens, taking into account the size of companies and including lighter provisions for SMEs. Companies with a certain level of exposure to a pre-defined list of environmentally harmful activities, in particular the sectors covered by the EU Emissions Trading System (EU ETS), shall be encouraged to put in place, in the future, green transition plans. Companies shall also be encouraged to advance in their digital transformation. Technical assistance shall be available to assist companies for the purpose of these transitions.
Amendment 247 #
Proposal for a regulation
Article 1 – paragraph 1 – point 31 – point 3
Article 1 – paragraph 1 – point 31 – point 3
Regulation (EU) 2015/1017
Annex II – Section 6 – point d – indent 5 a (new)
Annex II – Section 6 – point d – indent 5 a (new)
– Companies targeted by funds, special purpose vehicles or investment platforms and that are large undertakings as defined in Directive 2013/34 shall be required to propose job maintenance plans aiming at keeping employees in work and proposing clear opportunities to retrain.