18 Amendments of Udo BULLMANN related to 2008/2155(INI)
Amendment 7 #
Motion for a resolution
Recital C
Recital C
C. whereas the EBRD was established in 1991 and its shareholders being 61 countries around the world, the CommissionEuropean Community and the EIB subscribing together a capital of EUR 20 billion,
Amendment 8 #
Motion for a resolution
Recital D
Recital D
D. whereas the Member States, the CommissionEuropean Community and the EIB together make up 63 % of the share- ownership of the EBRD,
Amendment 40 #
Motion for a resolution
Title (new) (before the title "The objectives and operations of EBRD")
Title (new) (before the title "The objectives and operations of EBRD")
Supervision of the EIB
Amendment 41 #
Motion for a resolution
Paragraph 3 f (new) (after the new heading)
Paragraph 3 f (new) (after the new heading)
3f. Recalls that the tasks of the EIB are defined politically, which can lead to high concentrations in individual sectors or regions and to deliberation assumption of risk in innovative sectors; notes that, like all institutions which provide funding, the EIB is therefore not subject to the customary supervision;
Amendment 42 #
Motion for a resolution
Paragraph 3 g (new)
Paragraph 3 g (new)
Amendment 43 #
Motion for a resolution
Paragraph 3 h (new)
Paragraph 3 h (new)
3h. Welcomes the technical cooperation between the EIB and the national supervisory authority in Luxembourg; proposes that this cooperation be expanded and the EIB's Audit Committee reinforced in such a way as to supplement the three members and three observers in the Committee with two members employed by national supervisory authorities;
Amendment 51 #
Motion for a resolution
Paragraph 11 – point c
Paragraph 11 – point c
(c) a definition be adopted of types of projects, sectors and products that are of potential interest to both banks and where they could enhance common pools of knowledge and resources, such as SME financing, and enhancing investments to combat climate change, e.g. in renewable energy sources and diminishing green house gas emissions; in those areas of common interest, requests a pragmatic and case-by-case approach, with a lead institution on each project of co- financing, with the objective of avoiding duplication, and on the basis of a pre- requisite of mutual recognition of procedures; considers, however, that in this context it is necessary to ensure that projects which receive funding accord with EU standards, for example with regard to combating climate change or respecting social rights, irrespective of which of the two institutions is the lead institution;
Amendment 58 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Is of the opinion that any proliferation of the European Union'sCalls for a coherent approach with regard to the use of the external assistance instruments should be avoided; calls forof the EU as well as enhanced cooperation with regional and national development institutions in the European Union/agencies, in order to avoid overlaps and duplications and to ensure better visibility of the EU impact; supports the possibility of mutual delegation and recognition of procedures in this respect;
Amendment 65 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Notes with satisfaction that those banks and institutions have a positive impact on the developing world; suggests that the financing of land ownership shcould be an eligible investment cost, under conditions related to environmental and social objectives, under the EIB mandate, as it is key for endogenous development, especially in African countries.
Amendment 66 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Welcomes the Council decimportant role which the Commission to enhance the EIBEuropean Recovery plan has assigned to the EIB, especially with regard to the enhanced financing of SMEs in the Member States; calls on the Member States to increase the capital basis of the EIB accordingly;
Amendment 74 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Underlines that in the current period of tight credit conditions the role of the two banks is highlighted both inside and outside the European Union, for example in Russia, where after years of domestic liquidity, the private banking sector is squeezed; calls on both banks to keep their commitments with regard to third countries also in economic difficult times;
Amendment 76 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. Suggests, that depending onPoints out, that considering the magnitude of the effects of the financial crisis on the real economy, the EIB should beis rightly invited to enhance its support to the newose Member States and that a review of the definition of the "transition" countries and an evaluation of the need of the EBRD to delay its withdrawal from those Member States should be undertakens well as those sectors and branches which were most severely affected, and especially with regard to innovative investment fields;
Amendment 78 #
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17a. Suggests that a review of the definition of the "transition" countries and an evaluation of the progress concerning the withdrawal of the EBRD from the Member States should be carried out; welcomes in the light of the crisis the intended increase of activities of the EBRD in the banking sector;
Amendment 81 #
Motion for a resolution
Paragraph 18 a (new)
Paragraph 18 a (new)
18a. Calls strongly on the Commission and the EIB to jointly investigate how the credit crunch in the real economy can be overcome with the help of new innovative financial instruments; stresses the need to urgently launch new EIB funds for energy, climate change, infrastructure and active labour market measures in order to fund equity and quasi-equity projects;
Amendment 83 #
Motion for a resolution
Paragraph 18 b (new)
Paragraph 18 b (new)
18b. Calls on the Member States, the Commission and the EIB to reflect on the most relevant framework to develop new financial instruments, such as Eurobonds, in order to raise fresh capital for the financing of major European political priorities;
Amendment 87 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Recommends the rapid establishmentconclusion of an inter-institutional agroupeement between the Parliament, the Council and the Commission to discuss how to proceed on the way forward after the judgment without endangering the continuity of the external financial operations of the EIB; recommends that the EIB take part in those discussions as an observer;
Amendment 88 #
Motion for a resolution
Paragraph 20 a (new)
Paragraph 20 a (new)
20a. Calls on the Commission to put forward without delay a proposal for Decision on guarantees for financial operations in developing countries and other third countries so as to ensure prompt approval and timely enforcement; considers this proposal should only renew the current mandate for 12 months; ensures its commitment to proceed as fast as needed in terms of legislative procedure;
Amendment 89 #
Motion for a resolution
Paragraph 20 b (new)
Paragraph 20 b (new)
20b. Invites the Commission to fully take into consideration the recommendations expressed in this report when drafting a new proposal for Decision to be enforced from 2010 onwards;