[ParlTrack]

Draft opinion
Paragraph 3

3. Believes that ~~instead of playing a partly anti-cyclical role,~~ the key priority for the EIB should be to focus on areas where markets fail;

2017/10/16
Committee: ECON

Pervenche BERÈS, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 4

4. Emphasises that the EIB can play a positive role in reducing the negative public investment gap~~, but that its activities should not come into conflict with fiscal rules, as fiscal stability is a key precondition for stable and sustainable economic growth~~;

2017/10/16
Committee: ECON

Pervenche BERÈS, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 6

6. Calls on the Commission to monitor carefully the cost and efficiency associated with the high number of financially small mandates given to the EIB; takes the view that the administrative cost associated with such a number of mandates can undermine the EIB’s price competitiveness and thus render it less effective in performing its role;deleted

2017/10/16
Committee: ECON

Pervenche BERÈS

Draft opinion
Paragraph 7

7. Stresses the need for the EIB to prioritise external operations so that its activities especially focus on areas of high importance for the EU; highlights the great potential for EIB operations to improve the economic situation in Ukraine, which is facing great economic stress and instability due to the ongoing armed conflict in Eastern Ukraine, with the direct and indirect participation of Russian military and security services;deleted

2017/10/16
Committee: ECON

Pervenche BERÈS, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 7 a (new)

7a. Welcomes the Council conclusions of October 10th 2017 on climate finance1a; highlights the importance of scaling up the availability of capital for green and sustainable investments; believes the EIB should make it a top priority; _________________ 1ahttp://www.consilium.europa.eu/press- releases-pdf/2017/10/47244665508_en.pdf

2017/10/16
Committee: ECON

Pervenche BERÈS, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 7 b (new)

7b. Believes the EIB should support the timely implementation of the Paris Agreement along with the 2030 Agenda for Sustainable Development;

2017/10/16
Committee: ECON

Pervenche BERÈS, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 7 c (new)

7c. 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 terrorism1a; believes nevertheless that there is still room for improvement; calls in this regard the EIB to end cooperation with intermediaries, jurisdictions and countries that do not comply with OECD and EU standards; _________________ 1a http://www.eib.org/about/compliance/tax- good-governance/index.htm & http://www.eib.org/infocentre/publications /all/eib-group-anti-money-laundering- policy-and-combating-finance-of- terrorism-framework.htm

2017/10/16
Committee: ECON

Pervenche BERÈS, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 7 d (new)

7d. Recalls that the EU list of non- cooperative jurisdictions in taxation matters will be release by the end of 2017; believes that as soon as a country appears on this list, the EIB should freeze its cooperation with it;

2017/10/16
Committee: ECON

Pervenche BERÈS, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 7 e (new)

7e. Highlights the EU list of high risk third countries in the field of money laundering; believes that as soon as a country appears on this list, the EIB should freeze its cooperation with it;

2017/10/16
Committee: ECON

Pervenche BERÈS, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 7 f (new)

7f. 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 creations and improved access to productive resources; believes that the choice of financial intermediaries should be stricter in this regard;

2017/10/16
Committee: ECON

Pervenche BERÈS, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 7 g (new)

7g. Is concerned by the lack of information that the EIB discloses on the beneficial ownership and the final money recipients, especially when the financing relies on private equity funds; underlines the issues it raises in terms of transparency and accountability for a publicly-backed institution; urges therefore the EIB to reinforce its due diligence procedure when working with financial intermediaries;

2017/10/16
Committee: ECON

Pervenche BERÈS, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 7 h (new)

7h. Notes that out of 120 cases reported to the Fraud Investigations Division of the Inspectorate General (IG/IN) in 2016, 53% were referred by EIB Group staff; welcomes the fact that the fraud reporting mechanism on the EIB’s website is now available in 30 languages1a; believes that the EIB should follow carefully the ongoing work on the protection of whistle-blowers at EU level and consequently further improve its reporting possibilities; _________________ 1a http://www.eib.org/attachments/general/re ports/ig_fraud_investigations_activity_rep ort_2016_en.pdf

2017/10/16
Committee: ECON

Pervenche BERÈS, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 8 a (new)

8a. Acknowledges that access to finance is still a core barrier for the growth of the cultural creative industries (CCIs); stresses the urgent need for funding initiatives to strengthen such industries; emphasises the potential from the EIB and the EFSI to support the creative sector, mainly through the financing of SMEs; Calls on the EIB to address the lack of EFSI funding to CCIs by investigating possible interactions with Creative Europe;

2017/10/16
Committee: ECON

Pervenche BERÈS, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 9 a (new)

9a. Asks the EIB to promote gender equality and corporate social responsibility through its financing offers; believes that any company requiring an EU financing should first demonstrate that it has clear measures in place in this regard;

2017/10/16
Committee: ECON

Pervenche BERÈS, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 9 b (new)

9b. Believes 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 the citizens of the local and concrete projects financed by the EU;

2017/10/16
Committee: ECON

Pervenche BERÈS, Ramón JÁUREGUI ATONDO

Draft opinion
Paragraph 9 c (new)

9c. Deplores the conditions of the reappointment of the President of the EIB in July 2017 without any clear mandate nor any proper democratic debate; believes that the European Parliament should be involved in this process;

2017/10/16
Committee: ECON

Activities of Pervenche BERÈS related to 2017/2071(INI)

Plenary speeches (1)

Amendments (16)

ParlTrack - 2011-2024