Opinion Factsheet  

Fonds européens d'investissement à long terme

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Opinion Number: CDR 6862/2013
Rapporteur: BEISSEL Simone
Commission: ECOS-V
Status: Adopted
Date: 31/01/2014
 
THE COMMITTEE OF THE REGIONS

 welcomes the proposed regulation as a positive step towards the funding of the future economy. European Long-term Investment Funds (ELTIFs) have the potential to contribute to an increase in the capital available for long-term projects which support sustainable economic growth;

 draws attention to the fact that during the economic crisis public investment at the subnational level has been drastically cut in Europe and therefore highlights the need to ensure that ELTIFs are not seen as a source of funding that could replace the transfer of national government funding to sub-national authorities;

 stresses the importance of understanding ELTIFs in the context of Europe 2020 strategy, in particular how smart, sustainable and inclusive growth can be promoted by investment in long-term assets. Similarly, by making progress towards the Europe 2020 targets, more capital can become available and long-term investment could develop into a more attractive prospect;

 highlights that the draft regulation does not introduce any substantial new obligations and that it potentially could provide clear benefits, and for that reason considers the draft regulation to be in compliance with the subsidiarity principle.

Importance

High
Medium
Low
 

European Parliament

A provisional agreement was reached between the European Parliament and the Council

 
09 Mar
 

CoR Commission activity

Publication of the opinion brochure

 
14 Jul
 

CoR Plenary Session

The opinion was adopted during the plenary session of the Committee of the Regions

 
30 Jan
 

CoR Commission activity

The draft opinion was adopted during the ECOS meeting

 
10 Dec
 

Rapporteur's activities

Meeting with the European Commission

 
26 Nov
 

CoR Commission activity

The ECOS commission nominated Mrs Simone Beissel (LU/ALDE) as rapporteur for the opinion on "European Long-term Investment Fund "

 
01 Oct
 

European Commission

The European Commission adopted the COM proposal COM(2013) 462 final

 
25 Jun