17 Amendments of Marian-Jean MARINESCU related to 2015/0009(COD)
Amendment 543 #
Proposal for a regulation
Article 1 – paragraph 1 – subparagraph 1
Article 1 – paragraph 1 – subparagraph 1
1. The Commission shall conclude an agreement, based on the terms provided by this regulation, with the European Investment Bank (EIB) on the establishment of a European Fund for Strategic Investments ('EFSI') and the establishment of a European Investment Advisory Hub ('EIAH'). The EFSI Agreement shall be communicated to the European Parliament and the Council. For any provisions of the EFSI Agreement that are not in line with the provisions of this Regulation, the Commission shall be empowered to adopt delegated acts. For any future changes to the EFSI Agreement, which are not line with the provisions of this Regulation, the Commission shall be empowered to adopt delegated acts.
Amendment 592 #
Proposal for a regulation
Article 1 – paragraph 2
Article 1 – paragraph 2
2. 2. The EFSI Agreement shall be open to accession by Member States. Subject to the consent of existing contributors, the EFSI Agreement shall also be open to accession by other third parties, including national promotional banks or public agencies owned or controlled by Member States, and private sector entities. In case of accession of third parties to the EFSI Agreement, the Commission shall be empowered to adopt delegated acts if the third parties request any modification of the EFSI Agreement.
Amendment 633 #
Proposal for a regulation
Article 2 – paragraph 1 – subparagraph 1 – point b
Article 2 – paragraph 1 – subparagraph 1 – point b
(b) the amount and terms of the financial contribution which shall be provided by the EIB through the EFSI and which shall not be inferior to 7 000 000 000 euros of guarantee;
Amendment 640 #
Proposal for a regulation
Article 2 – paragraph 1 – subparagraph 1 – point c
Article 2 – paragraph 1 – subparagraph 1 – point c
(c) the terms of the funding which shall be provided by the EIB through the EFSI to the European Investment Fund ('EIF') following Articles 7.1 and 7.2;
Amendment 714 #
Proposal for a regulation
Article 2 – paragraph 2 – subparagraph 2
Article 2 – paragraph 2 – subparagraph 2
To meet that objective, the EIAH shall use the expertise of the EIB, the Commission, national promotional banks and the managing authorities of the European Structural and Investment Funds. The EIAH shall work with similar structures at national level, such as those provided by national promotional banks or national agencies.
Amendment 759 #
Proposal for a regulation
Article 3 – paragraph 1
Article 3 – paragraph 1
1. 1. The EFSI Agreement shall provide that the EFSI shall be governed by a Steering Board, which shall determine the strategic orientation, the strategic asset allocation and operating policies and procedures, including the investment policy of projects that EFSI can support and the risk profile of the EFSI, in conformity with the objectives under Article 5(2). Following adoption of the above-mentioned policies and procedures, the Steering Board shall communicate them to the European Parliament and the Council. The Steering Board shall elect one of its members to be Chairperson.
Amendment 785 #
Proposal for a regulation
Article 3 – paragraph 2 – subparagraph 1
Article 3 – paragraph 2 – subparagraph 1
Amendment 796 #
Proposal for a regulation
Article 3 – paragraph 3 – subparagraph 1
Article 3 – paragraph 3 – subparagraph 1
Amendment 827 #
Proposal for a regulation
Article 3 – paragraph 4 – subparagraph 3
Article 3 – paragraph 4 – subparagraph 3
The Managing Director and the Deputy Managing Director shall be appointed by the Steering Board, on a joint proposal of the Commission and the EIB, following a transparent procedure, for a renewable fixed term of three years.
Amendment 840 #
Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 1
Article 3 – paragraph 5 – subparagraph 1
The EFSI Agreement shall provide that the EFSI shall have an Investment Committee, which shall be responsible for examining potential operations in line with the EFSI investment policies and approving the support of the EU guarantee for operations in line with Article 5, irrespective of theiprovisions of this regulation. They will approve inclusion of the proposals into the European investment project pipeline and will prepare the final investment project package. Investment Committee shall take into account the need to avoid an excessive exposure within a given sector or geographic locationarea.
Amendment 862 #
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 following a transparent procedure by the Steering Board for a renewable fixed term of three years.
Amendment 945 #
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 infrastructure based on Regulation , (EU) 1316/2013 (CEF) and Regulation (EU) 1315/2013 (TEN-T Guidelines (both core and comprehensive networks), particularly in industrial centres; energy, in particular energy interconnections based on Regulation , (EU) 1316/2013 (CEF); and digital infrastructure based on Regulation , (EU) 1316/2013 (CEF);
Amendment 964 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – point b
Article 5 – paragraph 2 – subparagraph 1 – point b
(b) investment in education and training, health, research and development, information and communications technology and innovation; based on Regulation (EU) 1291/2013 ( Horizon2020)
Amendment 1127 #
Proposal for a regulation
Article 8 – paragraph 2 – point a
Article 8 – paragraph 2 – point a
(a) payments from the general budget of the Union, contributions from the general budget of the Union; the Commission is invited to use all available budget resources - Global margin for payments - Flexibility Instrument - Contingency Margin - Global margin for commitments (available as of budget 2016) - Legislative flexibility enabling the EP and Council to redeploy up to 10 % of the envelope of multiannual programs in the frame of the annual budgetary procedure (no need to amend the legal basis) - funds from multiannual programs under heading 1A - yearly reallocation of unused appropriations from other policies, Using funds from multiannual programs under heading 1A the Commission is invited to consider, regarding Horizon 2020, taxation of up to 4% from the individual grants, out of the 25% flat-rate for indirect costs and reduction with up to 50 % of the amounts allocated under ' Access to Risk Finance' and regarding CEF transport sector reducing of the percentage allocated to financial instruments. Moreover the Commission is invited to further develop this mechanism so as to ensure refuel of beneficiaries based on EFSI repayments and revenues, and/or any other mechanisms including MFF midterm review, without prejudice to their current assignment. When doing this the Commission will take in account the amounts used by EFSI to guarantee projects fulfilling the requirements in accordance with Regulation (EU) 1316/2013 (CEF) and Regulation (EU) 1315/2013 (TEN-T Guidelines (both core and comprehensive networks) and Regulation (EU) 1291/2013 ( Horizon2020)
Amendment 1199 #
Proposal for a regulation
Article 9 – paragraph 1
Article 9 – paragraph 1
1. The Commission and the EIB, with support from the Member States, shall promote the creation of a transparent pipeline of current and potential future investment projects in the Union including projects recommended by the Investment Committee. The pipeline is without prejudice to the final projects selected for support according to Article 3(5).
Amendment 1398 #
Proposal for a regulation
Article 18
Article 18
Regulation (EU) No 1291/2013
Article 6, paragraphs 1, 2,3
Article 6, paragraphs 1, 2,3
Amendment 1442 #
Proposal for a regulation
Article 19
Article 19
Regulation (EU) No 1316/2013
Article 5 paragraph 1
Article 5 paragraph 1
Amendment to Regulation (EU) No In Article 5 of Regulation (EU) No 1316/2013, paragraph 1 is replaced by the following: ‘ 1. The financial envelope for the implementation of the CEF for the period 2014 to 2020 is set at EUR 29 942 259 000 (*) in current prices. That amount shall be distributed as follows: (a) transport sector: EUR 23 550 582 000, of which EUR 11 305 500 000 shall be transferred from the Cohesion Fund to be spent in line with this Regulation exclusively in Member States eligible for funding from the Cohesion Fund; (b) telecommunications sector: EUR 1 041 602 000; (c) energy sector: EUR 5 350 075 000. These amounts are without prejudice to the application of the flexibility mechanism provided for under Council Regulation (EU, Euratom) No 1311/2013(*). (*) Council Regulation (EU, Euratom) No 1311/2013 of 2 December 2013 laying down the multiannual financial framework for the years 2014-20 (OJ L 347, 20.12.2013, p. 884). ’rticle 19 deleted 1316/2013