natgillin/translations-raw huggingface dataset:
In addition to financing provided for the benefit of individual projects, the objective is to pave the way for the creation of a new asset class for EU infrastructure which is investable for institutional investors.
Svet je 14. aprila 1997 na predlog Komisije in po posvetovanju z Evropskim parlamentom sklenil Evropski investicijski banki obnoviti jamstvo Unije za posojila za projekte v Južnoafriški republiki.
This way, the Project Bond Initiative intends to open up new sources for infrastructure financing to complement constrained public budgets and restricted bank lending for infrastructure projects with long term maturities.
Skupna zgornja meja odobritev, ki so dane na voljo, znaša 7105000000 EUR, od tega je 375000000 EUR namenjenih Južnoafriški republiki.
The instrument can finance projects or part of projects eligible under the guidelines for TEN-T, TEN-E and the criteria for broadband projects defined in the amended competitiveness and innovation framework programme.
Pokrivala je obdobje treh let, ki se je začelo 1. julija 1997 (z možnostjo podaljšanja za šest mesecev).
Projects are usually structured as a special purpose vehicle (SPV) established to build, finance and operate an infrastructure project.
Svet je 22. decembra 1999 na predlog Komisije in po posvetovanju z Evropskim parlamentom sklenil Evropski investicijski banki obnoviti jamstvo Unije za posojila za projekte v Južnoafriški republiki.
The PBI facility provides a subordinated debt tranche to the financial structure of the project company.
S Sklepom 2006/1016/ES se je EIB odobrilo jamstvo Unije zaradi izgub pri posojilih in jamstvih za projekte zunaj Skupnosti za posojila.
This facility may take the form of a contingent credit line (‘unfunded facility’) or a subordinated loan (‘funded facility’) and is capped at a maximum of 20 % of the total amount of senior debt.
Sklep št. 1080/2011/EU, ki je začel veljati 30. oktobra 2011, je povečal skupni znesek plačanih posojil in danih jamstev v skladu s finančnimi operacijami EIB s 25800000000 EUR na 29484000000 EUR (2000000000 EUR za financiranje operacij glede podnebnih sprememb in 1684000000 EUR za povečanje operacij tveganja EIB).
In case the unfunded facility is called upon, the EIB becomes a creditor to the project company and amounts due under the PBI would rank junior to the service of senior debt and senior to equity.
C. NAPOVEDI ZA NOVA NAJEMANJA IN DAJANJA POSOJIL V LETIH 2015 IN 2016
The maximum available amount for credit enhancement under PBI is 20 % of the nominal of the senior debt.
V naslednji razpredelnici so približno prikazana možna najemanja in izplačila novih posojil (za katere jamči splošni proračun) v letih 2015 in 2016.
The risk-sharing mechanism between the Commission and EIB operates on the basis of a first loss piece principle:
Najemanje in dajanje posojil v letih 2015 in 2016
the risk for the EU budget and the EIB is divided into two tranches, a portfolio first loss piece (PFLP), which is called upon first in the event of impairments on PBI operations, and a residual risk tranche (RRT) which is only used if PFLP has been exhausted.
A. Najemanja in dajanja posojil z jamstvom splošnega proračuna Unije in Euratoma
The EU and EIB contribute 95 % and 5 % to PFLP, respectively.
Makrofinančna pomoč Unije tretjim državam
The residual risk tranche is covered entirely by the EIB.
Sprejeta ali načrtovana pomoč:
The instrument will wind up when there is no more contingent exposure under any PBI operations (or where such exposure has been declared by the EIB as unrecoverable).
Jordanija
The pilot phase has a total financial envelope of EUR 230 million:
Tunizija
EUR 200 million from the TEN-T budget, EUR 10 million from the TEN-E budget and EUR 20 million from the CIP ICT.
Ukrajina
Article 14 of Regulation (EU) No 1316/2013 provides for the possible merging of the PBI with the new financial instruments under that Regulation.
Vmesni seštevek MFP
In the light of the ex ante assessment carried out by the Commission, the risk-sharing instrument for project bonds established under Decision No 1639/2006/EC has been merged with the CEF Financial Instruments in 2015.
Posojila Euratoma
The independent evaluation of the PBI pilot phase was carried out and finalised in 2015.
Plačilna bilanca
The PBI pilot phase was launched in November 2012 to test the concept.
4.
By the end of 2014, five projects in the transport, energy and telecom sectors were signed with PBCE support, out of which one project bond transaction was carried out by the EIB without contribution from the Union budget.
Evropski mehanizem za finančno stabilizacijo (EMFS)
The total size of the project bond credit enhancement for these transactions was EUR 493 million (out of which EUR 293 million provided as credit enhancement using EU budget), which supported bonds in amount of EUR 2961 million (out of which EUR 1561 million bonds have been credit enhanced with support from the EU budget).
Vmesni seštevek EMFS
In total, the amount of finance (debt + equity) raised by the four projects with PBCE support from EU budget was EUR 1892 million.
Vmesni seštevek A
No target leverage was indicated in the legal basis.
B. Posojila Evropske investicijske banke z jamstvom proračuna Unije
The impact assessment of the PBI pilot estimated a multiplier effect of between 15-20, depending on the size of the subordinated debt of the project and the risk-sharing arrangements.
Predpristopne države
Loan and Guarantee Service for Research and Innovation under Horizon 2020 — 2014 to 2020
Sosednje in partnerske države
The goal is to improve access to debt financing — loans, guarantees, counter-guarantees and other forms of debt and risk finance — for public and private entities and public-private partnerships engaged in research and innovation activities requiring risky investments in order to come to fruition.
Azija in Latinska Amerika
The focus shall be on supporting research and innovation with a high potential for excellence.
Južnoafriška republika
The target final recipients are potentially legal entities of all sizes that can borrow and repay money and, in particular, SMEs with the potential to carry out innovation and grow rapidly;
Vmesni seštevek B
mid-caps and large firms;
D. KAPITALSKE TRANSAKCIJE IN UPRAVLJANJE DOLGA
universities and research institutes;
RAZPREDELNICA 1 – ODOBRENA POSOJILA
research infrastructures and innovation infrastructures;
Kapitalske transakcije in upravljanje posojil
public-private partnerships;
Instrument in leto izplačila
and special-purpose vehicles or projects.
Protivrednost na datum izplačila
The Loan and Guarantee Service for Research and Innovation is implemented towards a platform approach offering several products specifically designed to address particular needs.
Začetni znesek, plačan do 31. decembra 2014
The funding of the Loan and Guarantee Service for Research and Innovation has two main components:
Vračila
demand-driven, providing loans and guarantees on a first-come, first-served basis, with specific support for beneficiaries such as SMEs and midcaps.
Neporavnani znesek na dan 31. decembra
This component shall respond to the steady and continuing growth seen in the volume of RSFF lending, which is demand-led.
Obresti
This demand-driven component will be supported by the budget of the Horizon 2020 access to risk finance programme,
Makrofinančna pomoč (MFA) tretjim državam in pomoč v hrani nekdanji Sovjetski zvezi
targeted, focusing on policies and key sectors crucial for tackling societal challenges, enhancing competitiveness, supporting sustainable, low-carbon, inclusive growth, and providing environmental and other public goods.
EMFS
This component helps the Union address research and innovation aspects of sectorial policy objectives and will be supported by other parts of Horizon 2020, other frameworks, programmes and budget lines in the Union budget, particular regions and Member States that wish to contribute with their own resources (including through Structural Funds) and/or specific entities (such as Joint Technology Initiatives) or initiatives.
RAZPREDELNICA 2 – NAJETA POSOJILA
The expiry date of the instrument is expected to be in 2027-2030.
Kapitalske transakcije in upravljanje najetih sredstev
The total budget (primary credits) foreseen for the programming period 2014-2020 for the demand-driven part of the Loan and Guarantee Service for Research and Innovation is EUR 1060 million.
Začetni znesek, prejet do 31. decembra 2014
This Horizon 2020 budget contribution will, at least, be matched by the EIB through its own resources, thus allowing increasing the total lending capacity and impact of the Loan and Guarantee Service for Research and Innovation by a factor of two.
Tehnične opombe k razpredelnicam
Estimated budget allocation foreseen for the total programming period amounts to EUR 1435 million including EUR 375 million from the seventh framework programme RSFF.
Menjalni tečaj:
The target leverage effect as indicated in the legal basis is 12,5 over the lifetime of the financial instrument.
zneski v stolpcu 2 „Protivrednost na datum podpisa“ se pretvorijo po tečaju, veljavnem na datum podpisa.
Based on the target leverage of the instrument, it is estimated that the total amount of loan volumes mobilised would be around EUR 18000 million.
Glede ponovnega financiranja prikazuje razpredelnica 1 začetno financiranje (npr. v letu 1979) in nadomestno financiranje (npr. v letu 1986), pri čemer se znesek za nadomestno financiranje pretvori po tečaju začetnega financiranja.
CEF Risk-sharing Instrument (loan risk-sharing and project bonds) —2014 to 2020
Podvajanje, ki nastane zaradi tega, vpliva na letne zneske, vendar se izloči v skupnem seštevku.
This instrument could be covered by the following budget lines:
Vsi drugi zneski se pretvorijo po tečaju, veljavnem 31. decembra 2014.
Item 06 02 01 05 — Creating an environment more conducive to private investment for transport infrastructure projects,
Stolpec 3 „Začetni znesek, prejet/plačan do 31. decembra 2014“:
Article 09 03 02 — Creating an environment more conductive to private investment for telecommunications infrastructure projects,
ta stolpec na primer v zvezi z letom 1986 prikazuje skupni seštevek vseh zneskov, prejetih do 31. decembra 2014 v okviru posojil, dodeljenih leta 1986 (razpredelnica 1), vključno s ponovnim financiranjem (zaradi česar nastane nekaj podvajanja).
Item 32 02 01 04 — Creating an environment more conducive to private investment for energy projects.
Stolpec 4 „Neporavnani znesek na dan 31. decembra 2014“:
Financial instruments
to so neto zneski, brez podvajanja, ki nastane zaradi ponovnega financiranja.
Pursuant to Regulation (EU) No 1316/2013, the objective of the financial instruments under the CEF is to facilitate infrastructure projects’ access to project and corporate financing by using Union funding as leverage.
Izračunajo se tako, da se od številke v stolpcu 3 odšteje skupni seštevek vračil, opravljenih do 31. decembra 2013, vključno z vračili v zvezi z refinanciranjem (skupni znesek ni podan v preglednicah).
They shall help finance projects of common interest with a clear EU added value, and to facilitate greater private sector involvement in the long-term financing of such projects in the field of transport, energy and telecommunications, the latter limited to broadband networks.
Stolpec 7 = stolpec 4 – stolpec 5.
They shall benefit projects with medium- to long-term financing needs and shall produce greater benefits in terms of market impact, administrative efficiency and resource utilisation.
Makrofinančna pomoč 2011:
In addition, these instruments shall provide to infrastructure stakeholders such as financiers, public authorities, infrastructure managers, construction companies and operators a coherent market oriented toolbox of EU financial support.
po podpisu Sporazuma o posojilu, ki ga je Črna gora podpisala 9. februarja 2010 v skladu s Sklepom Sveta 2008/784/ES z dne 2. oktobra 2008 o uvedbi ločene obveznosti Črne gore, so bila posojila, prvotno odobrena Srbiji in Črni gori, ponovno dodeljena z navideznim začetkom v letu 2011, in sicer zaradi izvedbe delitve držav.
In 2014, the Commission, following the conclusion of the CEF ex ante assessment foreseen in Article 14(3) of Regulation (EU) No 1316/2013, decided to set-up and launch a Debt risk-sharing instrument for loans and guarantees which will also provide support to project bonds.
PRILOGA IV – INFORMACIJE O FINANČNIH INSTRUMENTIH V SKLADU S ČLENOM 49(1)(E) FINANČNE UREDBE
The Commission’s ex ante assessment indicated that an equity instrument could be created at a later stage based on the identification of corresponding needs.
Uvod
The ex ante assessment can be found at:
Ta priloga je sestavljena v skladu s členom 49(1)(e) finančne uredbe.
Implementation of the CEF Debt Instrument and merger of all other financial instruments under Regulation No 680/2007
Zagotavlja informacije tako o finančnih instrumentih pred letom 2014, ki jih upravlja Komisija in ki bodo imeli proračunske posledice v smislu odobritev plačil od leta 2014 naprej, kot o finančnih instrumentih v obdobju 2014–2020, ki jih upravlja Komisija in bodo imeli proračunske posledice od leta 2014 v okviru večletnega finančnega okvira za obdobje 2014–2020, vključenega v predloge za temeljni akt.
The CEF Debt Instrument (CEF DI) will be implemented following the conclusion of the signed Delegation Agreement with the EIB.
Več kvantitativnih informacij o instrumentih je na voljo v delovnem dokumentu o finančnih instrumentih, priloženem predlogu proračuna v skladu s členom 38(5) finančne uredbe.
Moreover, the agreement includes the merger of existing instruments (LGTT and the PBI) with the new Debt instrument under the CEF as of 2015.
Seznam finančnih instrumentov
As set out in Article 14(2) of Regulation (EU) No 1316/2013, the indicative EU contribution for the financial Instrument for the period 2014- 2020 shall be up to EUR 3324225900 [79].
Pomoč za hitro rastoča in inovativna MSP v okviru programa za konkurenčnost in inovativnost (CIP-GIF)
This amount may however change during the commitment period, in particular as a result of decisions taken by the budgetary authorities (European Parliament and Council) or by the Commission.
Kapitalska shema za rast v okviru Programa za konkurenčnost podjetij ter mala in srednja podjetja (COSME)
Duration of the CEF DI
Kapitalski instrument (začetni kapital) za raziskave in inovacije Obzorje 2020
The last tranche of the Union contribution to the CEF DI shall be committed by the Commission by 31 December 2020.
Kapitalski instrument „Instrument za povezovanje Evrope“ (IPE)
The actual approval of debt financing by the entrusted entities or the dedicated investment vehicles shall be finalised by 31 December 2022.
Jamstveni instrumenti
Risk-sharing instrument for loans and guarantees
Jamstveni sklad za MSP v okviru programa za konkurenčnost in inovativnost (CIP-SMEG07)
The senior debt financing to be provided under the CEF DI shall not exceed 50 % of the total amount of the overall senior debt financing to be provided by the entrusted entity or the dedicated investment vehicle.
Evropski mikrofinančni jamstveni instrument Progress (PMF-G)
The risk-sharing instrument for project bonds shall be designed as a subordinated debt financing in order to facilitate financing for project companies raising senior debt in the form of bonds, loans or a combination of loans and project bonds.
Storitev za posojila za raziskave in inovacije za MSP in mala podjetja s srednjo kapitalizacijo (Obzorje 2020)
This credit enhancement instrument shall aim at improving the credit rating of senior debt in order to attract private investors to the financing of the project.
Program za zaposlovanje in socialne inovacije (EaSI) – Os mikrofinanciranje in socialno podjetništvo (naslednik EPMF)
It shall rank behind the senior debt but ahead of equity and financing related to equity.
Jamstveni instrument za kulturni in ustvarjalni sektor (program Ustvarjalna Evropa)
The subordinated debt financing shall not exceed 30 % of the total amount of the senior debt issued.
Jamstvena shema za študentska posojila (program Erasmus+)
Administrative, performance and treasury management fees
Jamstvo za zasebno financiranje za energijsko učinkovitost (PF4EE)
As established in the legal basis, the administrative and performance fees to be paid to the EIB shall not exceed 2 % and 3 % respectively of the Union contribution effectively used for individual operations.
Instrumenti za delitev tveganja
The Treasury Management Fee (as under Article 13(5) of the Financial and Administrative Framework Agreement) shall not exceed 1 % of the Union contribution effectively used to cover Operations over the duration of the Financial Instrument.
Sklad za financiranje na osnovi delitve tveganja v okviru sedmega okvirnega programa za raziskave (2007–2013) (7OP-RSFF)
As regards the energy sector, the CEF DI should facilitate access of projects of common interest to long term debt financing both on corporate and project finance basis.
Instrument za posojilna jamstva (LGTT)
The instrument should in particular assist the projects of common interest where the instrument can facilitate access to debt capital from commercial lending institutions, institutional investors or senior lending from the Bank.
Pobuda za projektne obveznice (PBI)
The draft Delegation Agreement foresees that other categories of energy assets (e.g. renewable generation, smart distribution grids) may benefit from the support of the CEF DI in case of ring-fenced contributions from other programmes or bodies.
Storitev za posojila in jamstva za raziskave in inovacije v okviru programa Obzorje 2020
In order to ensure best value for money and given the limited resources allocated to CEF broadband, the CEF DI shall be available for projects which rely on the technology best suited for the specific project, can help spur innovative business models and show a high potential for replicability.
Finančni mehanizem za naravni kapital (NCFF) – dolžniški instrumenti
The CEF DI shall in particular address the special needs of suburban, rural, and sparsely populated and less developed regions, which need to be served with high speed connections.
Pobuda EU za MSP
This includes the deployment of broadband networks to link islands, landlocked, mountainous, remote and peripheral regions, including island Member States, with the central regions of the Union and/or actions to improve the reliability or performance of connections between such regions and central regions of the Union.
Namenski naložbeni subjekti
As regards the transport sector, the CEF DI shall serve to increase the total level of investment in transport infrastructures in the EU in the period 2014-2020 in line with the policy objectives and investment volumes foreseen in the legal basis and in Regulation (EU) No 1315/2013 of the European Parliament and of the Council of 11 December 2013 on Union guidelines for the development of the trans-European transport network and repealing Decision No 661/2010/EU (OJ L 348, 20.12.2013, p. 1).
Evropski mikrofinančni instrument Progress FCP-FIS (PMF FCP-FIS)
The draft Delegation Agreement foresees that other categories of transport assets (e.g. urban mobility projects, transport infrastructure not located on the TEN-T) may benefit from the support of the CEF DI in case of ring-fenced contributions from other programmes or bodies.
Evropski sklad 2020 za energetiko, podnebne spremembe in infrastrukturo (Marguerite)
Financial parameters and leverage
Evropski sklad za energetsko učinkovitost (EEEF)
Risk- and revenue-sharing parameters shall be set in such a way that specific policy objectives, including targeting of particular categories of projects, can be achieved while still preserving the market-oriented approach of the CEF DI.
Zunanji instrumenti (ki se ne financirajo izključno prek Evropskega razvojnega sklada)
The expected leverage of the CEF DI — defined as the total funding (i.e. Union contribution plus contributions from other financial sources) divided by the Union contribution — shall range from 6 to 15, depending on the type of operations involved (level of risk, target beneficiaries, and the debt financing concerned).
Regionalni instrumenti
On the basis of the expected leverage of the CEF DI, it is estimated that the total volume of financing mobilized by the instrument could range from EUR 20000 million to EUR 50000 million for the total programming period, depending on the type of operations involved (level of risk, target beneficiaries, and the type of debt financing concerned).
Sklad za spodbujanje naložb v sosedstvo (NIF)
Natural Capital Finance Facility — 2014 to 2020
Sklad za spodbujanje naložb v Srednjo Azijo (IFCA) in Sklad za spodbujanje naložb v Azijo (AIF)
Regulation (EU) No 1293/2013 of the European Parliament and of the Council of 11 December 2013 on the establishment of a Programme for the Environment and Climate Action (LIFE) and repealing Regulation (EC) No 614/2007 (OJ L 347, 20.12.2013, p. 185), and in particular Article 17(1) thereof.
Sklad za spodbujanje naložb v Latinsko Ameriko (LAIF)
Article 07 02 02 — Halting and reversing biodiversity loss.
Dodatni instrumenti
The Natural Capital Finance Facility (NCFF) will finance upfront investment and operating costs for revenue-generating or cost-saving pilot projects which promote the conservation, restoration, management and enhancement of natural capital for biodiversity and adaptation benefits, including ecosystem-based solutions to challenges related to land, soil, forestry, agriculture, water and waste.
Sklad za evro-sredozemske naložbe in partnerstvo (FEMIP)
The NCFF combines direct and indirect financing of projects through debt and equity.
Finančni instrumenti v potencialnih kandidatkah za vstop v EU
Given that the projects supported by the NCFF will be projects that the European Investment Bank (EIB) normally does not invest in, either because they are too small or because their perceived high risk is too high, the facility includes a risk-sharing mechanism whereby the EU funds will absorb first losses in case of project failure.
Zahodni Balkan
The implementation mechanism is established in a delegation agreement between the Commission and the EIB, which also defines exclusion and selection criteria for projects, ensuring that the correct priorities are built in the selection process and that there is sufficient geographical coverage and a balanced spread over project types.
Jamstveni sklad v okviru instrumenta za razvoj podjetij in inovacije na Zahodnem Balkanu (EDIF)
An expert support facility is provided in order to ensure that projects reach a sufficient stage of maturity for financing.
Sklad za financiranje rasti podjetij (ENEF) v okviru instrumenta za razvoj podjetij in inovacije na Zahodnem Balkanu
The implementation of the NCFF has been entrusted to the EIB by means of indirect management.
Sklad za financiranje podjetniških inovacij (ENIF) v okviru instrumenta za razvoj podjetij in inovacije na Zahodnem Balkanu
The NCFF pilot phase foresees a programming period of 2014 to 2017 with an implementation period of up to 2019.
Drugo (mešano)
The EU contribution foreseen for this period is EUR 60 million including EUR 10 million for the Technical Support Facility.
Evropski sklad za jugovzhodno Evropo (EFSE)
NCFF will be developed in two phases:
Sklad za zeleno rast (GGF)
Projects will fall into four broad categories:
Finančne informacije o finančnih instrumentih
payments for Ecosystem services (PES):
Pomoč za hitro rastoča in inovativna MSP v okviru programa za konkurenčnost in inovativnost (CIP) (GIF) – Pred letom 2014
projects involving payments for the flows of benefits resulting from natural capital, usually a small scale bilateral transaction with a well identified buyer and seller of an ecosystem service.
Sklic na temeljni akt
They are based on the beneficiary pays principle, whereby payments take place to secure critical ecosystem services,
Proračunske vrstice, ki ustrezajo zadevnim dejavnostim
green infrastructure (GI):
Člen 01 04 51 – Zaključek programov na področju malih in srednjih podjetij (MSP) (pred letom 2014) (v nomenklaturi proračuna za leto 2014) [68].