7 Amendments of Ingeborg GRÄSSLE related to 2016/2064(INI)
Amendment 50 #
Draft opinion
Paragraph 16
Paragraph 16
16. Considers that leveraging varies from project to project depending on their scale, complexity and the correlation between important sectoral challenges and the final beneficiaries’ expectations against a background of scarce public funds; takes the view that the assumption of any average leverage effect can only be measured at the end of the investment cycle while taking the specific features of sectors into account; proposes to align the "EFSI Multiplier Methodology" with the methodology suggested by the OECD taking into account investment projects to which investors committed or which are part of national programmes that existed or were announced even before EFSI was launched;
Amendment 59 #
Draft opinion
Paragraph 25
Paragraph 25
25. Asks for governance arrangements to be streamlined so as to better define the respective responsibilities of the Commission and the EIB, to ensure independence and, to prevent conflicts of interests of the various actors participating in the decision-making process, especially the members of the EFSI investment committee, and to establish for accountability purposes who is responsible to the EU budgetary and legislative authorities for the performance and risk management of EFSI;
Amendment 64 #
Draft opinion
Paragraph 27 a (new)
Paragraph 27 a (new)
27 a. Reiterates the European Court of Auditor's auditing role laid down in Article 20 of the EFSI-Regulation; points to the Opinion No 2/2016 of the European Court of Auditors (the Court) on EFSI: an early proposal to extend and expand; notes with concern the Court's observation that there is little evidence for the proposed increase of the EU Guarantee;
Amendment 67 #
Draft opinion
Paragraph 27 b (new)
Paragraph 27 b (new)
27 b. Regrets that the proposal for the extension of EFSI is not accompanied by an impact assessment as envisaged by the better regulation guidelines and an ex- ante evaluation as it is required in Article 30 and 140 of the Financial Regulation for spending programmes and financial instruments;
Amendment 70 #
Draft opinion
Paragraph 27 c (new)
Paragraph 27 c (new)
27 c. Regrets that the EFSI was considered as an exception to the requirement of the Financial Regulation, even though the EU budget provides most of the financing for the Guarantee funds and the budgetary guarantee to the EIB creates significant contingent liabilities for the EU Budget;
Amendment 71 #
Draft opinion
Paragraph 27 d (new)
Paragraph 27 d (new)
27 d. Notes that the impact of EFSI risk has been exaggerated; agrees with the Court's observation that the impact of financing the Guarantee Fund from the EU budget would have been lower if the Commission had adopted the same assumptions for the initial proposal of EFSI;
Amendment 72 #
Draft opinion
Paragraph 27 e (new)
Paragraph 27 e (new)
27 e. Ask to clarify the application of State Aid rules for projects combining finance from EFSI and structural funds;