8 Amendments of Francesca BALZANI related to 2011/0394(COD)
Amendment 17 #
Draft Legislative resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Recalls its resolution of 8 June 2011 on Investing in the future: a new Multiannual Financial Framework (MFF) for a competitive, sustainable and inclusive Europe1; reiterates that sufficient additional resources are needed in the next MFF in order to enable the Union to fulfil its existing policy priorities and the new tasks provided for in the Treaty of Lisbon, as well as to respond to unforeseen events; challenges the Council, if it does not share this approach, to clearly identify which of its political priorities or projects could be dropped altogether, despite their proven European added value; points out that even with an increase in the level of resources for the next MFF of at least 5% compared to the 2013 level only a limited contribution can be made to the achievement of the Union's agreed objectives and commitments and the principle of Union solidarity. _______________ 1 Texts adopted, P7_TA(2011)0266.
Amendment 19 #
Proposal for a regulation
Recital 12
Recital 12
(12) Many of the Union's competitiveness problems involve SMEs' difficulties in getting access to finance because they struggle to demonstrate their credit- worthiness and have difficulties in gaining access to risk capital. This has a negative effect on the level and quality of the new enterprises created and on the growth of enterprises. TheEU Financial instruments put in place in 2007-2013, in particular SMEG, have a proven added value and have brought a positive contribution to at least 120 000 SMEs, contributing to maintaining 851 000 jobs since the eruption of the financial crisis in 2008. The enhanced added value for the Union of the proposed financial instruments lies inter alia in strengthening the Single Market for venture capital and in developing a pan-European SME finance market. The Union's actions should be complementary to the Member States' use of financial instruments for SMEs and Member States should do their utmost to increase the visibility and accessibility of such instruments on their territory. The entities entrusted with the implementation of the actions should ensure additionality and avoid double financing through EU resources.
Amendment 20 #
Proposal for a regulation
Article 1
Article 1
A programme for Union actions to improve the competitiveness of enterprises, with special emphasis on smallelf-employed, micro, small, craft and medium- sized enterprises (SMEs) (hereinafter ‘the Programme’), is established for the period from 1 January 2014 to 31 December 2020.
Amendment 22 #
Proposal for a regulation
Article 4 – paragraph 1
Article 4 – paragraph 1
1. The financial envelope for implementing the Programme shall be EUR 2.522 billionWithin the meaning of point [17] of the Interinstitutional Agreement of .../.... between the European Parliament, the Council and the Commission on cooperation in budgetary matters and on sound financial management, the financial envelope for implementing the Programme for its entire duration, shall be 0,5% of the total 2014-2020 MFF ceilings, of which approximately EUR 1.4 billion60% shall be allocated to financial instruments. That amount shall constitute the prime reference for the budgetary authority during the annual budgetary procedure.
Amendment 23 #
Proposal for a regulation
Article 4 – paragraph 1 a (new)
Article 4 – paragraph 1 a (new)
1a. The amount allocated to financial instruments as referred to in paragraph 1 of this Article is an indicative amount without prejudice to the powers of the budgetary authority. It may be adapted upwards or downwards in the frame of the annual budgetary procedure depending on the results achieved in the implementation of the different financial instruments set out in Annex II.
Amendment 24 #
Proposal for a regulation
Article 4 – paragraph 1 b (new)
Article 4 – paragraph 1 b (new)
1b. The annual appropriations for implementing the Programme shall be authorised by the budgetary authority without prejudice to the provisions of the Regulation laying down the multiannual financial framework for the years 2014- 2020 and the Interinstitutional Agreement of xxx/201z between the European Parliament, the Council and the Commission on cooperation in budgetary matters and sound financial management.
Amendment 25 #
Proposal for a regulation
Article 14 – paragraph 4
Article 14 – paragraph 4
4. In accordance with Article 18(43)(h) of Regulation (EU) No XXXX/2012 [New Financial Regulation], revenues and repayments generated by one financial instrument shall be assigned to that financial instrument. For financial instruments already set up in the multiannual financial framework for the 2007-2013 period, revenues and repayments generated by operations started in that period shall be assigned to the financial instrument in the period 2014- 2020.
Amendment 26 #
Proposal for a regulation
Annex 2 – section 3 – point 3
Annex 2 – section 3 – point 3
3. The LGF shall, except for loans in the securitised portfolio, cover loans up to EUR 150.0 000 and with a minimum maturity of 12 months. The LGF shall be designed in such way that it will be possible to report on the innovative SMEs supported, both in terms of number and volume of loans.