3 Amendments of Dominique BAUDIS related to 2010/0101(COD)
Amendment 59 #
Proposal for a decision
Recital 21
Recital 21
(21) With a view to enhancing the coherence of overall EU support in the regions concerned, opportunities should be sought to combine EIB financing with EU budgetary resources when and as appropriate, in the form e.g. of guarantees, risk capital and interest rate subsidies, investment co-financing, alongside technical assistance for project preparation and implementation, through the IPA, the ENPI, the Instrument for Stability, the EIDHR and the DCI. Greater integration of these financing instruments should be included in the guidelines for the renewal of the EIB’s external mandate for the period 2014-2020.
Amendment 61 #
Proposal for a decision
Recital 25 a (new)
Recital 25 a (new)
(25a) The EIB should gradually be encouraged to divide up all its external activities on a geographic basis so as to better adapt to the specific requirements of each area and promote the participation of partner countries. The EIB should begin this process by immediately splitting up its Mediterranean activities, which until now have been grouped together in the Facility for Euro-Mediterranean Investment and Partnership (FEMIP), and creating a Euro-Mediterranean Co-Development Financial Institution, of which the EIB would remain the main shareholder. In the specific case of the Mediterranean, this institutional change would allow the EIB to improve the effectiveness of its action in the Mediterranean countries, boost its visibility and provide increased financial support for the EU's priority initiatives for the Mediterranean. Partner countries' participation in the capital of this financial institution would lead to shared responsibility between the EU and its partners in the management of funds and of structural development projects which receive funding.
Amendment 62 #
Proposal for a decision
Recital 27 a (new)
Recital 27 a (new)
(27a) The EIB should be more rigorous and more transparent in choosing its financial partners. It should, in particular, guarantee that in the context of its financial operations covered by the EU guarantee, the financial vehicles which it or its partners use cannot under any circumstances contribute to any form of tax evasion. The EIB should also, as far as possible, increase the diversification of its financial partners in the countries in which it operates and encourage the development of public- private partnerships and the increased involvement of civil society. The EIB should build on existing networks that encourage the pooling of resources and funding and networking among stakeholders in civil society and the world of business, such as the Invest in Med programme, which possesses real expertise in this field and has links in the partner countries.