12 Amendments of Danuta Maria HÜBNER related to 2015/0009(COD)
Amendment 152 #
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 in the sectorial domains specified in the Regulation as well as geographic markets within the Union. 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 small and medium enterprises and small mid-cap companies.
Amendment 294 #
Proposal for a regulation
Recital 15
Recital 15
(15) The EFSI should target projects with a higher risk-return profile than existing EIB and Union instruments to ensure additionality over existing operations. The EFSI should finance projects across the Union, including in the countries most affected by the financial crisis promoting geographical spread. The EFSI should only be used where financing is not available from other sources on reasonable terms.
Amendment 320 #
Proposal for a regulation
Recital 16 a (new)
Recital 16 a (new)
(16a) The selection method of investment projects should take into consideration different levels of development of national financial markets as well as their stability, which will have a direct impact on the ability to use the EFSI in Member States. This will secure the distribution of financial resources throughout the whole Union.
Amendment 323 #
Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 2
Article 3 – paragraph 5 – subparagraph 2
The Investment Committee shall be composed of sixtwelve independent experts and the Managing Director. Independent experts shall have a high level of relevant market experience in project finance andin the areas pointed in Article 5(2) as well as geographic markets within the Union. The Investment Committee shall be appointed by the Steering Board for a renewable fixed term of three years.
Amendment 341 #
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 and have thorough knowledge of sectors concerned, their specificities as well as local markets. The Investment Committee should be accountable to a Steering Board of the EFSI, whoich should supervise the fulfilment of the EFSI's objectives. The independence of the Investment Committee is a key factor in ensuring the trust and participation of the private sector in the Investment Plan. 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 small and medium enterprises and small mid-cap companies.
Amendment 379 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – point b a (new)
Article 5 – paragraph 2 – subparagraph 1 – point b a (new)
(ba) improvement and promotion of the smart use of ICT and the integration of SMEs in digital value chains;
Amendment 395 #
Proposal for a regulation
Recital 21
Recital 21
(21) Provided that all relevant eligibility criteria are fulfilled, Member States may use European Structural Investment Funds to contribute to the financing of eligible projects that are supported by the EU guarantee. The flexibility of this approach should maximise the potential to attract investors to the areas of investment targeted by the EFSI. The EFSI may also be used for co- financing projects eligible under European Structural and Investment Funds.
Amendment 446 #
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 a single point of entry for questions related to technical assistance for investments within the Union, access to which should be fostered by creating sub- national centres for investment support, facilitating effective dissemination of information.
Amendment 612 #
Proposal for a regulation
Article 1 a (new)
Article 1 a (new)
Article 1a Definitions For the purposes of this Regulation, the following definitions apply: "national promotional banks or institutions" mean legal entities carrying out financial activities on a professional basis which are conferred a mandate by a Member State, whether central, regional or local level, to carry out public development or promotional activities.
Amendment 866 #
Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 2
Article 3 – paragraph 5 – subparagraph 2
The Investment Committee shall be composed of sixtwelve independent experts and the Managing Director. Independent experts coming from different Member States shall have a high level of relevant market experience in project finance as well as thorough knowledge of sectors concerned, their specificities as well as local markets and be appointed only by the Steering Board for a renewable fixed term of three years.
Amendment 981 #
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 efficiencydevelopment and modernisation of the energy sector, including the development of indigenous energy sources;
Amendment 1070 #
Proposal for a regulation
Article 5 – paragraph 4
Article 5 – paragraph 4
4. Provided that all relevant eligibility criteria are fulfilled, Member States may use European Structural and Investment Funds to contribute to the financing of eligible projects in which the EIB is investing with the support of the EU guarantee. The EFSI may also be used for co- financing projects eligible for European Structural and Investment Funds.