AMENDMENTS EN United in diversity EN. European Parliament

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1 European Parliament Committee on Regional Development 2017/2226(INI) AMDMTS 1-55 Iskra Mihaylova European Semester for economic policy coordination: Annual Growth Survey 2018 (2017/2226(INI)) AM\ docx PE v01-00 United in diversity

2 AM_Com_NonLegOpinion PE v /29 AM\ docx

3 1 Rosa D'Amato, Isabella Adinolfi Paragraph 1 1. Acknowledges that Europe s economy is showing encouraging signs of recovery, with Member States displaying positive growth and unemployment reaching its lowest level since the crisis; highlights, nonetheless, that not all Member States are experiencing the same degree of recovery and that unemployment rates are still too high in many regions of Europe, particularly among young people; 1. Takes note that Europe s economy is showing some signs of recovery, with some Member States displaying positive growth and unemployment reaching its lowest level since the crisis but stresses that, also according to the latest results of the OECD well-being index, there are clear and deep divisions between societies and individuals according to education level, income, wealth, age and birthplace; highlights, nonetheless, that not all Member States are experiencing the same degree of recovery and that unemployment rates are still too high in many regions of Europe, particularly among young people; express its concern on the fact that people under the age of 25 are particularly hardhit and are 60% more likely to be unemployed than those aged 25-54; 2 Fernando Ruas Paragraph 1 1. Acknowledges that Europe s economy is showing encouraging signs of recovery, with Member States displaying positive growth and unemployment reaching its lowest level since the crisis; highlights, nonetheless, that not all Member States are experiencing the same degree of recovery and that unemployment rates are still too high in many regions of Europe, particularly among young people; 1. Acknowledges that Europe s economy is showing encouraging signs of recovery, with Member States displaying positive growth and unemployment reaching its lowest level since the crisis; highlights, nonetheless, that not all Member States are experiencing the same degree of recovery and that unemployment rates are still too high in many regions of Europe, particularly among young people; AM\ docx 3/29 PE v01-00

4 underlines in this context the importance of the extension of the Youth Employment Initiative (YEI) for the period and the increase of 1,2 billion Euros for its budget. 3 Stanislav Polčák Paragraph 1 1. Acknowledges that Europe s economy is showing encouraging signs of recovery, with Member States displaying positive growth and unemployment reaching its lowest level since the crisis; highlights, nonetheless, that not all Member States are experiencing the same degree of recovery and that unemployment rates are still too high in many regions of Europe, particularly among young people; 1. Acknowledges that Europe s economy is showing encouraging signs of recovery, with Member States displaying positive growth and unemployment reaching its lowest level since the crisis; highlights, nonetheless, that not all Member States are experiencing the same degree of recovery and that unemployment rates are still too high in many regions of Europe, particularly among young people; draws attention, in that connection, to the issue of structural unemployment and its harmful economic, social and political effects; Or. cs 4 Ruža Tomašić Paragraph 1 1. Acknowledges that Europe s economy is showing encouraging signs of recovery, with Member States displaying positive growth and unemployment reaching its lowest level since the crisis; highlights, nonetheless, that not all 1. Acknowledges that Europe s economy is showing encouraging signs of recovery, with Member States displaying positive growth and unemployment reaching its lowest level since the crisis; highlights, that some Member States PE v /29 AM\ docx

5 Member States are experiencing the same degree of recovery and that unemployment rates are still too high in many regions of Europe, particularly among young people; are still experiencing a slow degree of recovery and that unemployment rates are still too high in many regions of Europe, particularly among young people; 5 Ivana Maletić Paragraph 1 1. Acknowledges that Europe s economy is showing encouraging signs of recovery, with Member States displaying positive growth and unemployment reaching its lowest level since the crisis; highlights, nonetheless, that not all Member States are experiencing the same degree of recovery and that unemployment rates are still too high in many regions of Europe, particularly among young people; 1. Acknowledges that Europe s economy is showing encouraging signs of recovery over the past 18 quarters, with Member States displaying positive and steadily growth and unemployment reaching its lowest level since the crisis; highlights, nonetheless, that not all Member States are experiencing the same degree of recovery and that unemployment rates are still too high in many regions of Europe, particularly among young people; 6 Georgi Pirinski Paragraph 1 1. Acknowledges that Europe s economy is showing encouraging signs of recovery, with Member States displaying positive growth and unemployment reaching its lowest level since the crisis; highlights, nonetheless, that not all Member States are experiencing the same degree of recovery and that unemployment rates are still too high in many regions of Europe, particularly among young people; 1. Notes that Europe s economy is showing signs of recovery, with Member States displaying positive growth and unemployment reaching its lowest level since the crisis; however, persisting inequalities, youth and long-term unemployment, as well as poverty levels in societies throughout the Union remain at crisis levels; AM\ docx 5/29 PE v01-00

6 7 Rosa D'Amato, Isabella Adinolfi Paragraph 1 a (new) 1 a. underlines that the aftermath of the crisis shows inequalities of income, but also outcomes, such as educational attainment, health and social mobility; considers, moreover, that the overall situation in the EU keeps revealing important inequalities between generations, genders and regions; 8 Fernando Ruas Paragraph 2 2. Stresses, therefore, the need to foster greater convergence and inclusion; welcomes the fact that the Commission recognises there is a momentum to support the continuation of the recovery through both economic growth and social convergence; 2. Stresses, therefore, the need to foster greater convergence and inclusion; welcomes the fact that the Commission recognises there is a momentum to support the continuation of the recovery through both economic growth, social convergence and territorial cohesion; underlines that the European Union as a whole, in order to promote its overall harmonious development, shall develop and pursue actions leading to the strengthening of its economic, social and territorial cohesion and aiming at reducing disparities between the levels of development of the various regions and the backwardness of the least favoured, particularly in the lowincome and low-growth regions of the EU (the lagging regions); PE v /29 AM\ docx

7 9 Georgi Pirinski Paragraph 2 2. Stresses, therefore, the need to foster greater convergence and inclusion; welcomes the fact that the Commission recognises there is a momentum to support the continuation of the recovery through both economic growth and social convergence; 2. Stresses, therefore, the need of allencompassing qualitative transformation of the existing policy mix by prioritizing the urgent implementation of the principles and rights under the European Pillar of Social Rights; stresses, in this regard, that cohesion policy must be provided with adequate financial resources in the post-2020 period and asks the Commission to make a corresponding proposal; 10 Ivana Maletić Paragraph 2 2. Stresses, therefore, the need to foster greater convergence and inclusion; welcomes the fact that the Commission recognises there is a momentum to support the continuation of the recovery through both economic growth and social convergence; 2. Stresses, therefore, the need to foster greater convergence and inclusion; welcomes the fact that the Commission recognises there is a momentum to support the continuation of the recovery through both economic growth and social convergence; notes that for increased productivity, which is one of the preconditions for better growth, investments in innovation, education and new skills are needed. AM\ docx 7/29 PE v01-00

8 11 Laurenţiu Rebega Paragraph 2 2. Stresses, therefore, the need to foster greater convergence and inclusion; welcomes the fact that the Commission recognises there is a momentum to support the continuation of the recovery through both economic growth and social convergence; 2. Stresses, therefore, the need to foster greater convergence and inclusion; welcomes the fact that the Commission recognises there is a momentum to support the continuation of the recovery through both economic growth and social convergence; underlines that social convergence should follow the economic convergence and that any other approach will only deepen the gaps between Member States; 12 Davor Škrlec Paragraph 2 2. Stresses, therefore, the need to foster greater convergence and inclusion; welcomes the fact that the Commission recognises there is a momentum to support the continuation of the recovery through both economic growth and social convergence; 2. Stresses, therefore, the need to foster greater convergence and inclusion; welcomes the fact that the Commission recognises there is a momentum to support the continuation of the recovery through both economic growth and social convergence and that it is moving away from its austerity path of the past; 13 Ruža Tomašić Paragraph 2 PE v /29 AM\ docx

9 2. Stresses, therefore, the need to foster greater convergence and inclusion; welcomes the fact that the Commission recognises there is a momentum to support the continuation of the recovery through both economic growth and social convergence; 2. Stresses, therefore, the need to foster greater convergence and inclusion; welcomes the fact that the Commission recognises there is a momentum to support the continuation of the recovery through both economic growth, structural reforms and social convergence; 14 Iskra Mihaylova Paragraph 3 3. Welcomes the streamlining and focus of the Country Specific Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs; calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment; 3. Welcomes the streamlining and focus of the Country Specific Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs; calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment; stresses the need of capacity-building measures and further simplification of the implementation of EU Funds, considering that a major part of CSRs 2017 addressed issues of administrative capacity; 15 Ivana Maletić Paragraph 3 3. Welcomes the streamlining and focus of the Country Specific 3. Welcomes the streamlining and focus of the Country Specific AM\ docx 9/29 PE v01-00

10 Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs; calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment; Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs across policy areas and countries; calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment; stresses the need for more synergy between EU budget and member states budget with the aim to achieve AGS priorities and implement CSRs. 16 Fernando Ruas Paragraph 3 3. Welcomes the streamlining and focus of the Country Specific Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs; calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment; 3. Welcomes the streamlining and focus of the Country Specific Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs; reminds the importance of a synergetic approach to the use of all EU available Funds and calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment; 17 Krzysztof Hetman Paragraph 3 3. Welcomes the streamlining and focus of the Country Specific 3. Welcomes the streamlining and focus of the Country Specific PE v /29 AM\ docx

11 Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs; calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment; Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs; calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment and to recognise the supportive role local and regional authorities can have in the process; 18 Rosa D'Amato, Isabella Adinolfi Paragraph 3 3. Welcomes the streamlining and focus of the Country Specific Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs; calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment; 3. Takes note of the uneven degree of implementation of the CSRs; calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment; 19 Laurenţiu Rebega Paragraph 3 3. Welcomes the streamlining and focus of the Country Specific Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs; calls on the Commission and Member 3. Notes the streamlining and focus of the Country Specific Recommendations (CSRs); underlines the uneven degree of implementation of the CSRs; expresses its concern that the CSRs are not always corresponding to the needs and interests AM\ docx 11/29 PE v01-00

12 States to closely collaborate and coordinate the process in order to support structural reforms and boost investment; of the citizens of Member States; calls on the Commission and Member States to closely collaborate and coordinate the process in order to boost investment; 20 Georgi Pirinski Paragraph 3 3. Welcomes the streamlining and focus of the Country Specific Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs; calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment; 3. Welcomes the streamlining and focus of the Country Specific Recommendations (CSRs);expresses its concern, however, regarding the uneven degree of implementation of the CSRs; calls on the Commission and Member States to closely collaborate and coordinate the process in order to ensure support for enhanced economic, social and territorial cohesion, for boosting investment and employment; 21 Ruža Tomašić Paragraph 3 3. Welcomes the streamlining and focus of the Country Specific Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs; calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment; 3. Welcomes the streamlining and focus of the Country Specific Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs; calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment and growth; PE v /29 AM\ docx

13 22 Fernando Ruas Paragraph 4 the main investment policy in Europe; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive growth; the main investment, growth and development policy aligned with the goals of the Europe 2020 strategy for smart, sustainable and inclusive growth; reminds that, between 2015 and 2017, Cohesion Policy provided funding equivalent to 8,5% of government capital investment in the European Union (EU)- a figure that rises to 41% considering the last 13 Member States that joined the EU after 2004 and to over 50% in 7 Member States; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive growth; 23 Georgi Pirinski Paragraph 4 the main investment policy in Europe; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive growth; the main public investment policy in Europe; considers, however, that interaction of this policy with the European Semester should not impede the achievement of its proper objectives as stipulated in the Treaties, while such AM\ docx 13/29 PE v01-00

14 interaction should enhance ESIF implementation and further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive growth conducive to the creation of decent jobs; 24 Ivana Maletić Paragraph 4 the main investment policy in Europe; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive growth; the main investment policy in Europe; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive growth; points out that more flexibility is needed in defining the activities and projects which should be financed from ESI funds and linked with annually defined CSRs and AGSs. 25 Mercedes Bresso Paragraph 4 the main investment policy in Europe; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of the main investment policy in Europe; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of PE v /29 AM\ docx

15 cohesion spending and its contribution to sustainable and inclusive growth; cohesion spending and its contribution to sustainable and inclusive growth; with this in mind, considers it necessary to involve local and regional authorities in defining the parameters of the European Semester; Or. it 26 Krzysztof Hetman Paragraph 4 the main investment policy in Europe; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive growth; the main investment policy in Europe and is of the opinion that it should be maintained at least at similar budgetary level in the future Multiannual Financial Framework; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive growth; 27 Andrea Cozzolino Paragraph 4 the main investment policy in Europe; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive the main investment policy in Europe; considers it appropriate, however, to reassess its balanced forms of interaction with the European Semester which take account of the regional dimension of cohesion policies, in order to increase the AM\ docx 15/29 PE v01-00

16 growth; multiplier effect of the spending and its contribution to sustainable and inclusive growth and social development; Or. it 28 Rosa D'Amato, Isabella Adinolfi Paragraph 4 the main investment policy in Europe; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive growth; the main investment policy in Europe; considers that the rationale of its interaction with the European Semester should be entirely rethinked; 29 Davor Škrlec Paragraph 4 the main investment policy in Europe; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive growth; the main investment policy in Europe; considers, however, that its interaction with the European Semester should be revised in view of better protecting the Treatybased objective of cohesion policy; 30 PE v /29 AM\ docx

17 Ruža Tomašić Paragraph 4 the main investment policy in Europe; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive growth; 4. Emphasises the important future role in the recovery process of cohesion policy as the main investment policy in Europe; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive growth; 31 Georgi Pirinski Paragraph 5 5. Reiterates the need to speed up the implementation of the ESI funds as they provide important support to structural reforms and national investment policies; calls on the Member States to develop strong coordination structures to make their use more effective; 5. Reiterates the need to speed up the implementation of the ESI funds as they provide important support to structural reforms and national investment policies; calls on the Member States to develop strong coordination structures to make their use more effective; calls also on the Commission to assist Member States with all available tools and resources in order to avoid the risk of decommitment, as well as the accumulation of payments backlogs; 32 Andrea Cozzolino Paragraph 5 AM\ docx 17/29 PE v01-00

18 5. Reiterates the need to speed up the implementation of the ESI funds as they provide important support to structural reforms and national investment policies; calls on the Member States to develop strong coordination structures to make their use more effective; 5. Notes, as highlighted by the Commission s last Strategic Report, the acceleration of implementation of the ESI funds; reiterates that the ESI Funds are already providing important support to the appropriate structural reforms and to national policies relevant for investment, including through the full implementation of ex-ante conditionality; calls on the Member States to develop strong coordination structures to make their use more effective; Or. it 33 Fernando Ruas Paragraph 5 5. Reiterates the need to speed up the implementation of the ESI funds as they provide important support to structural reforms and national investment policies; calls on the Member States to develop strong coordination structures to make their use more effective; 5. Reiterates the need to speed up the implementation of the ESI funds as they are an extremely relevant tool for economic growth, sustainable development and job creation, thus providing an important support to structural reforms and national investment policies; calls on the Member States to develop stronger coordination structures and governance frameworks and also more efficient public administrations to make their use more effective; 34 Laurenţiu Rebega Paragraph 5 PE v /29 AM\ docx

19 5. Reiterates the need to speed up the implementation of the ESI funds as they provide important support to structural reforms and national investment policies; calls on the Member States to develop strong coordination structures to make their use more effective; 5. Reiterates the need to speed up the implementation of the ESI funds as they provide important support to national investment policies; calls on the Member States to develop strong coordination structures to make their use more effective; considers that strong and more efficient public administrations are crucial for building resilient economic structures that foster investments and growth; 35 Ivana Maletić Paragraph 5 5. Reiterates the need to speed up the implementation of the ESI funds as they provide important support to structural reforms and national investment policies; calls on the Member States to develop strong coordination structures to make their use more effective; 5. Reiterates the need to speed up the implementation of the ESI funds as they provide important support to structural reforms and national investment policies; calls on the Member States to develop strong coordination and planning structures, and to reduce administrative burden with the aim to make their use more effective and efficient; 36 Ruža Tomašić Paragraph 6 until 2020 to help boost investment; underlines the need for complementarities until 2020; reminds, that projects under the extended EFSI should continue to AM\ docx 19/29 PE v01-00

20 and synergies between those tools; address sub-optimal investment situations and market gaps; underlines, that the objective of Commission for the next EFSI period is to enhance the geographical coverage of the EFSI and to reinforce the take-up in less developed regions; stresses, therefore, that in this context there is a stronger need to make it easier to combine EFSI with other sources of EU funding; 37 Andrea Cozzolino Paragraph 6 until 2020 to help boost investment; underlines the need for complementarities and synergies between those tools; 6. Notes the extension of the until 2020 to help boost investment; notes, however, the need to rebalance the territorial distribution of investments; stresses, also, the need for better complementarity and synergies between these instruments, as well as the need for harmonisation of implementing rules that reduce the risk of a crowding-out effect with ESI Funds investments; Or. it 38 Krzysztof Hetman Paragraph 6 until 2020 to help boost investment; underlines the need for complementarities until 2020 to help boost investment; is however concerned about the enormous PE v /29 AM\ docx

21 and synergies between those tools; imbalance in use of the Fund between EU15 and EU13; calls therefore for a greater geographical balance and underlines the need for complementarities and synergies between EFSI and ESIF while maintaining the latter as the main investment policy of the EU; 39 Georgi Pirinski Paragraph 6 until 2020 to help boost investment; underlines the need for complementarities and synergies between those tools; until 2020 to help boost investment and insists that it is implemented in a more balanced way, thus contributing to cohesion and avoiding further increases in disparities between Member States, regions and people; underlines the need for complementarities and synergies between EFSI and ESIF; 40 Ivana Maletić Paragraph 6 until 2020 to help boost investment; underlines the need for complementarities and synergies between those tools; 6. Welcomes the extension in duration and size of the European Fund for Strategic Investments to help boost investment, avoid disruptions in financing and to assure project promoters that they can still plan projects after the initial investment period; underlines the need for complementarities and synergies between AM\ docx 21/29 PE v01-00

22 those tools; 41 Iskra Mihaylova Paragraph 6 until 2020 to help boost investment; underlines the need for complementarities and synergies between those tools; until 2020 to help boost investment; underlines the need for complementarities and synergies between ESI Funds, EFSI and other financial instruments, as well as with the horizontal Community programmes; 42 Stanislav Polčák Paragraph 6 until 2020 to help boost investment; underlines the need for complementarities and synergies between those tools; until 2020 to help boost investment; underlines the need for complementarities and synergies between those tools; calls, as it did last year, for the EFSI to have a wider geographical coverage across the EU; Or. cs 43 Rosa D'Amato, Isabella Adinolfi PE v /29 AM\ docx

23 Paragraph 6 until 2020 to help boost investment; underlines the need for complementarities and synergies between those tools; 6. Regrets the extension of the until 2020; 44 Fernando Ruas Paragraph 6 until 2020 to help boost investment; underlines the need for complementarities and synergies between those tools; (EFSI) until 2020 to help boost investment; underlines the need for complementarities and synergies between those tools and also for a geographically balanced approach to EFSI; 45 Davor Škrlec Paragraph 6 until 2020 to help boost investment; underlines the need for complementarities and synergies between those tools; 6. Notes the extension of the until 2020 to help boost investment; underlines the need for complementarities and synergies between those tools; AM\ docx 23/29 PE v01-00

24 46 Ruža Tomašić Paragraph 7 7. Underlines the role of the Structural Reform Support Programme in supporting tailor-made assistance in order to help Member States carry out their reforms; stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments. 7. Underlines the role of the Structural Reform Support Programme in supporting tailor-made assistance in order to help Member States carry out their reforms; highlights, that the experience to date has shown that many Member States have requested support under the Programme and that requests for support are distributed across all support policy areas; stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments. 47 Davor Škrlec Paragraph 7 7. Underlines the role of the Structural Reform Support Programme in supporting tailor-made assistance in order to help Member States carry out their reforms; stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments. 7. Underlines the role of the Structural Reform Support Programme (SRSP) in supporting tailor-made assistance in order to help Member States carry out their reforms; stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments; recalls that resources from cohesion policy have been transferred to the SRSP without binding SRSP measures to the PE v /29 AM\ docx

25 objectives and scope of action of cohesion policy; 48 Rosa D'Amato, Isabella Adinolfi Paragraph 7 7. Underlines the role of the Structural Reform Support Programme in supporting tailor-made assistance in order to help Member States carry out their reforms; stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments. 7. Expresses its concern on the role of the Structural Reform Support Programme and on two legislative files proposed by the European Commission, aimed at increasing SRSP financial envelope and at releasing the performance reserve before 2019 in order to allocate 21 billion for the implementation of structural reforms, in the context of the European Monetary Union deepening package; stresses the importance of the removal of red tape surrounding ongoing investments so as to help improve Small and Medium Enterprises and investment environments. 49 Andrea Cozzolino Paragraph 7 7. Underlines the role of the Structural Reform Support Programme in supporting tailor-made assistance in order to help Member States carry out their reforms; stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to 7. Underlines the role of the Structural Reform Support Programme in supporting tailor-made assistance in order to help Member States carry out those reforms that are considered relevant; notes, however, the lack of complete and consistent information about the initiatives being promoted, the beneficiary AM\ docx 25/29 PE v01-00

26 help improve the business and investment environments. states and the results achieved; stresses, in this respect, the importance of identifying and implementing appropriate structural reforms and the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments. Or. it 50 Ivana Maletić Paragraph 7 7. Underlines the role of the Structural Reform Support Programme in supporting tailor-made assistance in order to help Member States carry out their reforms; stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments. 7. Underlines the role of the Structural Reform Support Programme (SRSP) in supporting tailor-made assistance in order to help Member States carry out their reforms; stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments; points out that deduction from existing technical assistance resources received under the ESI funds cannot be solution for SRSP in the future. 51 Fernando Ruas Paragraph 7 7. Underlines the role of the Structural Reform Support Programme in supporting tailor-made assistance in order to help Member States carry out their reforms; 7. Underlines the role of the Structural Reform Support Programme in supporting tailor-made assistance in order to help Member States carry out their reforms, PE v /29 AM\ docx

27 stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments. applying EU law in a timely manner and using EU funds more efficiently and effectively; stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments. 52 Georgi Pirinski Paragraph 7 7. Underlines the role of the Structural Reform Support Programme in supporting tailor-made assistance in order to help Member States carry out their reforms; stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments. 7. Underlines the role of the Structural Reform Support Programme in supporting tailor-made assistance in order to help Member States carry out their reforms with a view to enhancing cohesion; stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the implementation of ESIF and business and investment environments. 53 Laurenţiu Rebega Paragraph 7 7. Underlines the role of the Structural Reform Support Programme in supporting tailor-made assistance in order to help Member States carry out their reforms; stresses, in this respect, the importance of continued structural 7. Underlines that tailor-made assistance is essential in order to help Member States carry out their reforms; stresses, in this respect, the importance of public and private investments for the medium and long term economic growth AM\ docx 27/29 PE v01-00

28 reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments. and of the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments. 54 Davor Škrlec Paragraph 7 a (new) 7 a. Notes that the Commission, in its EMU package, proposes again to transfer cohesion policy resources towards measures linked to the European Semester when establishing a new reform delivery tool; is of the opinion that there is no clear demarcation line between the actions supported under the SRSP and those under the new tool; rejects the attempt from the Commission to deviate once again cohesion policy resources towards new instruments; 55 Andrea Cozzolino Paragraph 7 a (new) 7a. Stresses the need for certainty about the resources for financing the Structural Reform Support Programme after 2020, resources which should not be diverted from the aims and objectives of the ESI Funds. Or. it PE v /29 AM\ docx

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