6 Amendments of Christian EHLER related to 2016/0276(COD)
Amendment 75 #
Proposal for a regulation
Recital 2 a (new)
Recital 2 a (new)
(2 a) Cultural and creative industries play a key role in reindustrialising Europe, are a driver for growth and are in a strategic position to trigger innovative spill-overs in other industrial sectors, such as tourism, retail, and digital technologies.
Amendment 123 #
Proposal for a regulation
Recital 8 a (new)
Recital 8 a (new)
(8 a) Cultural and creative sector companies with fewer than 10 employees account for more than 95%1a of the workforce in the sector. _________________ 1a European Commission study EASME/COSME/2015/003.
Amendment 127 #
Proposal for a regulation
Article 1 – paragraph 1 – point 2
Article 1 – paragraph 1 – point 2
Regulation (EU) 2015/1017
Article 5 – paragraph 1 – subparagraph 4 a (new)
Article 5 – paragraph 1 – subparagraph 4 a (new)
In order to better reach sectors where the demand for financing cannot be sufficiently met by the private market and where the nature and size of operations and loan requirements do not make it possible to access funding through classic EIB activities, EFSI shall also support sector-specific financial mechanisms, in particular for Cultural and Creative Industries (CCIs), provided for under Union frame-work programmes such as the Guarantee Facility within the Creative Europe Programme through the provision of guarantees for topping-up and front- loading of these mechanisms.
Amendment 142 #
Proposal for a regulation
Recital 9 a (new)
Recital 9 a (new)
(9 a) It is erroneously argued that there is a higher degree of risk involved in investing in cultural and creative industries compared with other types of business; that argument is based, inter alia, on the fact that cultural and creative industries are IPR-intensive and that there are difficulties involved in using intangible goods as guarantees for financing.
Amendment 156 #
Proposal for a regulation
Recital 10 a (new)
Recital 10 a (new)
(10 a) The EIB should address the lack of EFSI funding to cultural and creative industries by promoting the interaction with Creative Europe and the Cultural and Creative Sector Guarantee Facility, in order to provide fit-for-purpose loans for cultural and creative industries.
Amendment 280 #
Proposal for a regulation
Article 1 – paragraph 1 – point 2
Article 1 – paragraph 1 – point 2
Regulation (EU) No 2015/1017
Article 5 – paragraph 1 – subparagraph 4
Article 5 – paragraph 1 – subparagraph 4
EIB projects carrying a risk lower than the minimum risk under EIB special activities may also be supported by the EFSI if the use of the EU guarantee is required to ensure additionality as defined in the first subparagraph of this paragraph. In order to better reach sectors where the demand for financing cannot be sufficiently met by the private market and where the nature and size of operations and loan requirements do not make it possible to access funding through classic EIB activities, EFSI shall also support sector- specific financial mechanisms, in particular for Cultural and Creative Industries (CCIs), provided for under Union frame-work programmes such as the Guarantee Facility within the Creative Europe Programme through the provision of guarantees for topping-up and front- loading of these mechanisms.