24 Amendments of Inese VAIDERE related to 2015/0009(COD)
Amendment 42 #
Proposal for a regulation
Article 1 – paragraph 1 – subparagraph 2
Article 1 – paragraph 1 – subparagraph 2
The purpose of the EFSI shall be to support investments in the Union and to ensure increased access to financing for companies having up to 3000 employees, with a particular focus on micro, small and medium-size enterprises, through the supply of risk bearing capacity to the EIB ('EFSI Agreement').
Amendment 63 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – point a
Article 5 – paragraph 2 – subparagraph 1 – point a
(a) development of infrastructure, including in the areas of transport, particularly in industrial centres; energy, in particular energy interconnections; and digital infrastructuretransport, energy and digital infrastructure, including transport and energy interconnections;
Amendment 69 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – point a a (new)
Article 5 – paragraph 2 – subparagraph 1 – point a a (new)
(aa) investment in projects which strengthen the European scientific and technological base, including research infrastructure;
Amendment 71 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – point c
Article 5 – paragraph 2 – subparagraph 1 – point c
(c) expansion of renewable energy and energy and resource efficiency, the development and modernisation of the energy sector, increasing its competitiveness and enhancing the security of energy supply;
Amendment 168 #
Proposal for a regulation
Recital 10
Recital 10
(10) The purpose of the EFSI should be to help resolve the difficulties in financing and implementing productive investments in the Union and to ensure increased access to financing. It is intended that increased access to financing should be of particular benefit to micro and small and medium- size enterprises. It is also appropriate to extend the benefit of such increased access to financing to mid- cap companies, which are companies having up to 3000 employees. Overcoming Europe's current investment difficulties should contribute to strengthening the Union's economic, social and territorial cohesion.
Amendment 215 #
Proposal for a regulation
Recital 12
Recital 12
(12) Many micro, small and medium-size enterprises, as well as mid-cap companies, across the Union require assistance to attract market financing, especially as regards investments that carry a greater degree of risk. The EFSI should help these businesses to overcome capital shortages by allowing the EIB and the European Investment Fund ('EIF') to provide direct and indirect equity injections, as well as to provide guarantees for high-quality securitisation of loans, and other products that are granted in pursuit of the aims of the EFSI.
Amendment 235 #
Proposal for a regulation
Recital 13
Recital 13
(13) The EFSI should be established within the EIB in order to benefit from its experience and proven track record and in order for its operations to start to have a positive impact as quickly as possible. The work of the EFSI on providing finance to micro, small and medium-size enterprises and small mid-cap companies should be channelled through the European Investment Fund ('EIF') to benefit from its experience in these activities.
Amendment 326 #
Proposal for a regulation
Recital 17
Recital 17
(17) Decisions on the use of the EFSI support for infrastructure and large mid- cap projects should be made by an Investment Committee. The Investment Committee should be composed of independent experts who are knowledgeable and experienced in the areas of investment projects. The Investment Committee should be accountable to a Steering Board of the EFSI, who should supervise the fulfilment of the EFSI's objectives. To effectively benefit from the experience of the EIF, the EFSI should support funding to the EIF to allow the EIF to undertake individual projects in the areas of micro, small and medium-size enterprises and small mid-cap companies.
Amendment 342 #
Proposal for a regulation
Recital 17
Recital 17
(17) Decisions on the use of the EFSI support for infrastructure and large mid- cap projects should be made by an Investment Committee. The Investment Committee should be composed of independent experts who are knowledgeable and experienced in the areas of investment projects. The Investment Committee should be accountable to a Steering Board of the EFSI, who should supervise the fulfilment of the EFSI's objectives. To effectively benefit from the experience of the EIF, the EFSI should support funding to the EIF to allow the EIF to undertake individual projects in the areas of micro, small and medium enterprises and small mid-cap companies. Adequate organisational arrangements shall be in place to ensure operational independence of the Investment Committee. The decisions made by the Investment Committee shall be free from any undue interference.
Amendment 438 #
Proposal for a regulation
Recital 26
Recital 26
(26) Alongside the financing operations that will be conducted through the EFSI, a European Investment Advisory Hub ('EIAH') should be created. The EIAH should provide strengthened support for project development and preparation across the Union, by building on the expertise of the Commission, the EIB, national promotional banks and the managing authorities of the European Structural and Investment Funds. This should establish aA single point of entry for questions related to technical assistance for investments within the Union should be established and technical assistance free of charge should be provided to project promoters at national and local level to ensure equal access to EFSI financing.
Amendment 557 #
Proposal for a regulation
Article 1 – paragraph 1 – subparagraph 2
Article 1 – paragraph 1 – subparagraph 2
The purpose of the EFSI shall be to support investments in the Union and to ensure increased access to financing for companies having up to 3000 employees, with a particular focus on micro, small and medium-size enterprises, through the supply of risk bearing capacity to the EIB ('EFSI Agreement').
Amendment 743 #
Proposal for a regulation
Article 2 a (new)
Article 2 a (new)
Article 2a Investment Committee The rules by which the Investment Committee decides upon the use of the EU guarantee shall be in line with general objectives and eligibility criteria.
Amendment 744 #
Proposal for a regulation
Article 2 b (new)
Article 2 b (new)
Article 2b Reporting The Agreement shall provide in detail for the reporting, monitoring and accountability provisions to the European Parliament, such as key performance indicators, as regards, in particular but not only - the use of the EU guarantee - the fulfilment of the general objectives - the mobilisation of private capital - the macroeconomic impact of the EFSI
Amendment 869 #
Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 2
Article 3 – paragraph 5 – subparagraph 2
The Investment Committee shall be composed of sixeight independent experts and the Managing Director. Independent experts shall have a high level of relevant market experience in project finance and be appointed by the Steering Board for a renewable fixed term of three years. The experts shall be appointed in an open and transparent selection procedure. The decisions made by the Investment Committee shall be free from any undue interference.
Amendment 911 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – introductory part
Article 5 – paragraph 2 – subparagraph 1 – introductory part
The EU guarantee shall be granted for EIB financing and investment operations approved by the Investment Committee referred to in Article 3(5) or funding to the EIF in order to conduct EIB financing and investment operations in accordance with Article 7(2). The operations concerned shall be consistent with Union policies, including the goals for economical cohesion and convergence; and support any of the following general objectives:
Amendment 932 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – point a
Article 5 – paragraph 2 – subparagraph 1 – point a
(a) development of infrastructure, including in the areas of transport, particularly in industrial centres; energy, in particular energy interconnections; and digital infrastructuretransport, energy and digital infrastructure, including transport and energy interconnections;
Amendment 952 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – point a a (new)
Article 5 – paragraph 2 – subparagraph 1 – point a a (new)
(aa) in projects which strengthen the European scientific and technological base including research infrastructure;
Amendment 976 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – point c
Article 5 – paragraph 2 – subparagraph 1 – point c
(c) expansion of renewable energy and energy and resource efficiency, development and modernisation of the energy sector, increasing its competitiveness and enhancing the security of energy supply;
Amendment 1077 #
Proposal for a regulation
Article 5 b (new)
Article 5 b (new)
Article 5 b The Steering Board and the Investment Committee shall be guided by the following eligibility criteria when developing investment policies or deciding upon granting the EU guarantee: a) consistency with Union policies, b) economic and technical viability, c) additionality, d) maximisation of private sector capital participation in the operations
Amendment 1078 #
Proposal for a regulation
Article 5 b (new)
Article 5 b (new)
Article 5 b Simultaneously the Steering Board shall endeavour to avoid an excessive exposure within a given sector or geographical area so as to ensure that EFSI benefits the whole EU.
Amendment 1184 #
Proposal for a regulation
Article 8 a (new)
Article 8 a (new)
Article 8 a The EIAH shall provide services in addition to those already available under other Union programmes. Services provided by EIAH shall include: a) providing a single point of entry for technical assistance for authorities and project promoters; b) assisting project promoters, where appropriate, in developing their projects to fulfil the project eligibility criteria under this Regulation; c) leveraging local knowledge to facilitate EFSI support in the whole Union; d) providing a platform for peer-to-peer exchange and sharing of know-how regarding project development.
Amendment 1185 #
Proposal for a regulation
Article 8 b (new)
Article 8 b (new)
Article 8 b The Union shall contribute up to a maximum amount of EUR 20 000 000 per year towards covering costs of the EIAH.
Amendment 1186 #
Proposal for a regulation
Article 8 c (new)
Article 8 c (new)
Article 8 c EIAH shall also provide targeted support taking into account the specificities and needs of Member States with less advanced financial markets.
Amendment 1187 #
Proposal for a regulation
Article 8 d (new)
Article 8 d (new)
Article 8 d The EIB shall report every year to the European Parliament, the Council and the Commission on the services provided by EIAH, and its budget execution.