4/2015 api0. rvth - eca.europa.eu eaefktiko yynepio-rvth api0. 4/2015 (urtof3ctaaópevfl 6uvctilel...

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12, rue Alcide De Gasperi - L - 1615 Luxembourg

T (+352) 4938— 1 E [email protected] eca.europa.eu

2

flEPIEXOMENA

I. Eiaaywyr 1-4

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Apepo 2, rtapáypaoç 2 - EupwrtctKóç Kó3oc ErtEvöuuKiiv

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3

TO EAEFKTIKO >YNEPIO TH EYPOflA1KH> ENOH,

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NQMO1OTHE OZ AKOAOYOOZ:

COM(2015)1O tEAIKÔ tqç l3qc Iavouap(ou 2015.

CCY058560EL02-15PP-DECQ29-15FIN-AV-EFSI-TR.docx 12.3.2015

4

I. EIArOrH

To EnEV&ITLKó IXá&o yLcx rtv Eupthrrij

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2 COM(2014) 903 TEA.tKO trjç 26qç NoEp3pou 2014.

COM(2014) 903 tEAIKÔ, a. 4.

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5

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CCY058560EL02-15PP-DECO29-1SFI N-AV-EFSI-TR.docx 12.3.2015

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EiVa avayKala 19 EOUG10öOtr1Gfl tqç Eiutportç yia tflV EKÔOG19 TtpáEWV, ctUt rtpértsi

va rtEpiOpiEtai Gtq püOiioq ifl ouaiwóthv OTOLXE1WV. Oi otóxoi, to TtEplEXól.LEV0, n

EKTaO19 Kal 19 ólcLpKELct tc EouO1oöotfloI]ç autqç TEpETtEI va rtpOI3AErtovtal pfltá GtoV

KaVOVIGIIO, TtpOKEqIéVoU va ö1aocaXEtw. r avayKala 6LacavE1a.

Vnopéww Aoyoc5ouIaç EK pápouç rtlc EnLrpornjç

13. To uvópio x&i ErtloqhlaVEl ótita poa to rtAaoio twv orto(wv q EE oUVEpyaEtai

IE tOy IÔIWtIKO toIEcx nprtEi va xapaKtnpiovTcu artó ErtapKq (3aOiió ötct4)avElaç Kal. va

Ttpo3XErtouv tqv urtopwaq Xoyo6ooiaç óoov acopà tr xpno1lortonon twv öqi.Lóoiwv

itópwv. ErtirtAov, E(val artapaLtqtq q ptpqoq twv ErtlóooEwV twv iowv autthv GE

G)(Gfl lIE touç ETtIÔIWKOIIEV0Uc oTóxouc twv XPr1I.LatO6OTOOIIEVWV öpacrtqpwttwv’3.Ta

rittiata rtou avaKurttouv 0-tO rtXaioio auto ELVaL rtoAAà.

14. MoXovOti 0 KaOopiop.oç 3aOiKWv ÔE1KtWV ETEIÔOOEWV ea yLVEL oto rtXa[oio tqç

IEXAOVtIK19c oucjwviaç ETE, to aôotqa Xoyoöooiaç caLVEtai jipi onyç va

13flavopcq.tiK €rttoiórtqaq 2014 <KEvá, aAArAErt1KaAOLj,E1ç KalTtpoKAroEic: rtc(vopaIiKq

ETtIGKOTEr1G19 tWV pu6.LioEwv tqç EE GXEt1Kt E tfl Aoyo6oaici Ktt0V 51910010 EXEYXO)),

019AEtO 52, KalTtctVOpaIlKq Ert1GKOrcqor 2014 <EaocaAovtaçtqv ctrtoSonKotrftatwv

KEaAawv tqç EE: navopaiii ETt1OK6Tt19G19 tWV KLVSóVWV TtOU ETIaTtELAOOV tfl

5rtoo1ovolILK SlaXEipLaq tOU TtpOüTtOXOylG1oO tqç EE>>, 0rIIE0 12, cYroixElo E).

CCY058560EL02-1SPP-DECO29-15FIN-AV-EFSI-TR.docx 12.3.2015

10

EGt1tE1 rtEplcYootEpo oTlç UAoTtolr)GElç Kal XlyOtEpO GTcL artotEXEGllata KW. toy

aVtLKtUrtO’4.AEV KaGk3Tatal ETt[Gflç oacç EV q Eititport rtpot(GEtal va GU1TtXflpthOE1

ta Yt01)(EiIX rtou Ga urtoI3áAAEl q ETErt lIE ölKfl tqç Ct1OXoyflGfl, OOtE GE i-toiov (3a81.tó q

Ertitport GKOJtEUEI. va cYujIr(Ep1Xa3EL to ETE crtrv Etfloia EKGEIfl aioAóyraqç twv

OIKOVOI.W(thV tqç ‘Evwoqç 13oEt tWV artotEXEoliatwV rtou xouv ETIUCEUXGEI (ápGpo 318,

6EutEpO E6ac1o, AEE), iö(wc GE G)(EGfl liE uç rtapaöoç crtiç OrtOiEç j3aoEta1 to >XE6iO

000V acopá tic VE ETtEV6UcYEIç TEOU 0a TtPOKU1IJOUV Kal tic 0oEiç pyaoaç rtou Ga

óqpioupyqGoOv. TéXoç, 0 ölEu0OvwV GOjiI3ouAoc, wç .IEXoç tl]ç ErtutpOrtqc ETEEVÔOGEWV

TtOU 6EV AalII3cLvEi a7t0cfcXGE1ç ETtI tqç opqyqGflç xpqiiatoöótqoqc, KaOicrtatal.

urtEJOuvoç yia tic ErtlöoaElc tou ETE. Ta Kupia ópyava Añilinc artocaoEwV (to

öiOlKfltiKó OUII(30OA10 tou ETE Kai ta 6IOLKfltIKcL ópyava tqç ETErt) 6EV c)aIvEtai Va

UTtEXOUV UTtoXpEWGn öqiióoiac Xoyo6ooaç EVWTt1OV tric apó6iaç yin toy

rtpourtoAoyioio apxñc.

15. H Ertitport 6Laöpal1at(Ei rtoAAartXouç poAoL)c OtO rtXaioio tOU GuotqlJ.atoc tou

ETE. £iaXEipEtai to taliElo EU)0EWV tqç EE Kal GUIIIIEtéXE1 010 6iolKrltiKO

GUif3OOALO TtOU EIVaI apiióöi.o yin toy KaGoplollo tWV oTpatqyu(wv rtpooavatoXioithv

i<ai toy öioptollo trç crtitponqç ErtEVöuoEwv. Ertoqc, Elval piAoç tou öioiKqtiKoO

GUI.1130U?UOU tqç ETErt Kal yVwio6otEi rtpiv artó tflV EyKplGq ortolaoóqrtotE

xprn.tatoöotlKñc Kal ErtEVöutiKr]ç rtpáqç artó trV ETErt. flpoKEipvou q Ertutportr va

aVrartoipiVEtai crtouc póAouç auioOc, tqç rtaptai ri avayKala E0UGict K1 01

rtXflpocopiEç rtou artaitoOvtai yia tflV rtArpr avàXr4iq EuGuvqç EK jipouç tqç 000V

acopá tqv TtpayatiKq <paq tWV KEcaXaiwv tqç EE, órtwç npoi3Artouv ta àp9pa 17,

rtaptypa4oç 1, EE Kal. 317 AEE. tov Kavovioio 6EV UTttPXE1 pr)t avacopá GtflV

EUGUVr) autñ.

16. ‘Ortwç rtpoavacép0qKE (3ArtE cYqjIELO 8), q öiaKuf3pvqor iou ETE 13ao(Eta1 GE

öinó oucrtnlia. 001000, q ErtI.AOyfl autñ 6Ev TtTtE1 va UrtOVOliEuEi trw rtArpli EuOuVq

14 BXrtE áp8po 2, rcapàypacoç 1, 010 L)(EO ), tqç rtpótaoqc, ai o€X(ãa 27, 09 I1EO 1.4.4.

CCY058560EL02-15PP-DECQ29-15FIN-AV-EFSI-TR.docx 12.3.2015

11

tqç Ertitportç óoov acopà tv EKTEXEOq tou rtpourto?oyioioO tqç EE. To

KataKpjiatioivo rtXaioio Xoyo6ooaç urtovop.EuEi Ertioqc aVallocfEuKtcttfl orniaa(a

tqç 6I.aôiKaoiaç xopyqoqç aTtaAAavqc via tqv EKtEXEcYr tou rtpourtoXoyio.ioO tqç EE.

EvroAij EAáyXou too EupwnaIKoó EAEyKTLKOÔ IUVE6pIOU

17. Oiicpwva jIE tqv rtpótaoq, to uvöpio EXEL to óikaiwjla va EXEYXEI. tqv ((Evvunoq

tqç EE ai [tic] rtXqpwjic Kai avaKtqoEic öuvcqlEi autñc rtou .trtopoOv va aTtoöo9ouv

QtOV yEVIK6 TtpoUTtoXOyicYjIó trç ‘Evwaqç>15.H EV Aóyw 6iátaq rtEpLop(t ta óiKaLthIiata

EXYXOU tou uVEóp(OU, EcoaoV r ôiaturtwoq tqç cfavEtai. va KaXUTttEi jióvov tic

rtXqpwj.ic aitiç avaKtcJEiç rcou ouvöovtai jiE trv EyyUflafl tqç EE, artoKXEiovtaç toy

EXEYXO tWV rtpctEwV TtOU óiEvEpyoUvtai oto rtXaoio tou ETE, twv IIEGWV/OIKOVOIJIKWV

jIOVa6WV/6LEUK0XOVOEWv TtOU rtpóitai vct cucytaOoOv I3ctGEi tOU OXEÔIOU Kavovic5jlou

EUE, órtwc o EupwTtalKóç Kóiil3oc ErtEvöutiKthv Zuj.t3ouXthv (EKEs) ai to taiiio

EyyUflOEWV tç EE, KctOwc KL tOy EXEYXO tnc öiaxEipionc, EK ppouc tç ETErt Kai tou

ETE, XprDlatoöotiKthv Kal. ETiE VÔUtLKthV rtpa€wv JtOU EKtEXOUVta1 j.LE xpofl tqç EvvuncJnc

tric EE. Ertoj.tévwc, ri ouaia twv 6pacruqpiottwv tou EUE EKctEuvEi tqc EjII3éXEiac tou

EXEYXOu toU uvE5p[ou.

18. H uvOKq viatn XEitoupyiatqc EupwrtaIkñc’Evwoqc avaOtELato uvE6pLotflv

EVtOX9 va £AEVXEi tfl voj.Lij.Lótflta, tflV KavoviKotrita Kal. tfl xPncTtñ öflh1OcJiOVOj.LiK

5iaEipicJfl tou ouvóXou twv Eooöwv Kal. öartavthv tqç EupwrtaIKç’Evwoqç. ErtirtXov,

rtpoKEij.tEvou va taocaMEtai q öiackàvaa o-tq öiaxEipiar twv óqjióoiwv rtópwv, to

>UVE5piO öfljIOOiEOEi EKOoE1c OXEtiKL jIE ta artotEXEojiata tWV EXEYXWV TtOU 6iEvEpyEi.

to rtXaLoio tric EKtéAEaqç tqç €vtoXqç tou, to Zuvéöpto artoXaOEi tou &Kalwjlatoc

artEpiopiatflç rtp6a3aoqç GE KaeE yypaco r rtXqpo4opa rtou OEwpEi avayaa via tqv

EKrtXqpwoq tqç artocrtoXñc iou, oujlrtEpiXajIf3avoj.tEvqc rqç rtpóol3aoqc oiiç

EyKataataaEiç Ka9E 4UGiKOU fl VOjIiKOU rcpoothrtou itou Xaj.LI3ávEi rtAqpwpç aria toy

15 BArt€ àpOpo 14 ‘qc Ttpotaonc.


12

npouitoAoyiai6 (àp9po 287, apypaoç 3, rtpthto E5àc1o, AEE)16.Eitovwç,

apió5io vit tflV Ej.tI3éXEia twV EXEyXWV tou ELval to iSto to uvSpio, to oTtoio yia toy

cnortó auto XajlI3czvEl urtO4r, I1Etaü áAAwv, tcx SiEevñ TtpOturta EXyXou17.To EUE 6EV

ouVicTct EaipEar artO tqv trto1Jq autñ. Ei&KOtEpa, r EVtOXfl tou uVESpiou 5EV EIVaI

SuvatO va TtE1OiGtE wç artotEXEop.ct tqç rtpoI3AETtojIEvqc iir E4ap1Oyr1ç tou

SflhIOoioVoIJiKOu KUVOVIGIJOU.

19. to itAaLoio autO, q Ertitport ocELAEi Va 5iaocaAiEi rrv EVrEpWGfl O1wv twv

IJ.EpWV TEOU E11rt?.EKoVtai cTiç 5pacYtrp1otrtEç rtou rtpayiatortoiouvtai I3acxEl tou

KavovicYp.ou ETE Kai tqç auiickwviac ETE (au.trtEpiAaL3avoiévwv twv

XPflI.IatOTtiotwtiKwV StaIlEooXaI3qtthv KaItWVtEXIKthV artoSEKtthv) yiato SiKa(w11a

npOa(3aaqç tou uvE5piou c-to cOvoXo twv rtAqpoclopithv rtou tou pEiovtai yta tn

5iEVpyEia tWV EXEy(WV tOu, ortwç auto KatoXupwVEtcLl c-to áp0po 287, Ttapáypacjoç 3,

TtpWtO E5ctc1o, >AEE.

20. flpoKEij.Lvou va aTtflXE( rtXrpwç tflV EVtOX tOU uvE5piOu, to áp6po 14 tç

rtpOtaorlc rtpErtEi Va avIu(ataota9Ei arto to akoXouSo KE1IJ.EVO: ApiOSio yta toy

EwtEpLKo XEyxo twv 5pacrtqpiottwv 1tOu TtpayiiatoRoioOvtai I3aGEitou KaVoVioIlou

ETE EIVaI to EupwrtaIKO EXEyFctiKó Zuv5pio, oOicpwva lIE to áp8po 287 ZAEL>.

16 H uveñKq rtpoo0tEi On, Ooov ctcopà tic 6pacrtIpiOrqtEc tnic ETErt yia ifl SiaxEipicri TWV

E0OSWV icii EO6wvtqç’EVwoqç, ta SiKaithllatatou EAEyICUiK0O >:UVESp(ou yia rtpOoI3aa,i GE

rtXflpoopiEc TEOU KcttéXEi q ETErt SiErtOVtai aTtO tpil1Ep oUlIc)wvia j1EtCZU tou EAEyKtLK0O

uvE5p(ou, tqç ETErt Kaitqc Ertutportc. EAAEIiJJEi aul1cwvictc, to uvé5pio ExEiTEpocJf3CtOfl

cruiç rtAqpoopi&ç rtou artautoOvtai yia toy éAEyXo tWV &trtavthv Kcti twV EooSwV tqç

‘EVWGr)ç rtou 6iaXEip(Etcti r ETErt (áp8po 287, iiapáypctoc 3, tpfto E5àcio, AEE).

17flapa5E[y1aToç xàplv, to ISSAI 5000 (Principles for Best Audit Arrangements for

International Institutions - Apxéc yia tn’ aptoyr tWV i3éXtiatwv I.tnxaviaI.wv EXyXOu via

SLEGvElc opyaviopoiç) TtP0I3AETtEI Ott KctOE stEevc opyctvialloc rtou XprfltatoSolEitai ñcrtqpi€tai lIE SqiiOoiouc rtOpouç urtOKEitcti GE AEYXo artO ta avthiata Opycxvct EXyXou,

rtpoKEilIEyou vu rtpowOsi.tai q Ka?u)tEpq 6iaKuspvfloq, ni 5iaàvEia KW. ni urtoxpéwaq

Xoyo5ooiaç. to ISSAI 5010 (Guidance for Supreme Audit Institutions- KatEuOuvtñpiEc

o5rlyEc yia ctvthtata Opyava EAéyxou) avapovtai to rtXa[oio, ta wtotEXEaIlcLta Kai 01

apxéc yiu tqv EcPctpI.toyñ twv 3Atiatwv pnxuvioi.tthv EAEyxou yia SLEOvEIc opyavioouc.

CCY058560EL02-15PP-DECO29-1SFIN-AV-EFSI-TR.docx 12.3.2015

13

XpI)paroolKovopucáç unoxpEwuElc yia i-a 5’1porna OLKOVOpLKd

21. To ritrfl1a tou Ert1IEp1adoO tou KI.V6OVOU Ga puGlIlcJtEL LE tq ouiictwvi.a EUE.

Eóoov o ErtqJ.Eplopóç tou KIV6OV0U 3acJ1oTEi atqv ap trç <rtpthtqc rH1Lac>>, ta

öàvEla rtou Ga auvárttouv 01 61Ka1OuXO1 i.E tpaTtEEc Ga oUyKEVtpwVOVtai. crto

xaprocPuXaKlo rou p&Tou. € TtEptinwaq iq EuTtqpEtqanç öavEIou, o rzpoürtoAoytoióç

tqç EE Ga KcLAOTtTE1 to tIIñlIa TtOU EVE1 toy IIEYaAOtEpO KIV6UV0’8.H KOpla

XP9IJ.atoolKOVOiIlKri UTtoxpéwon KaXurtlEtal arto trV Eyyuqoq trìc EE (éwç Kal

16 61oEKat0J4IupIcx EUpth). ErtirtpooGétwç, 01 EtqoLEc öaltc(VEç L liouc éwc Kctl

20 EKatOl4tUp(.WV Eupdi o oxéoq i.E toy EKE (éwc tqv 3lq AEKEjI3piou 2020) Ga

3apüvouv toy rtpouitoXoyto.tó tqç EE. TéXoç, artó toy rtpoürtoXoyiojió tqç EE Ga

KaXI)rttoVtal 01 a6lEUKpiV1otoU Olkouc TtpóoOEtEç óartavEç rtou Ga rtpOKLflttoUV otav fl

ETErt TtapEi xpp.ato6ótqoq oto EupwrtaIKó Tal1Eo ErtEvöOoEwv (ETE) E ovól.tatoc

tou EUE.

22. E(vai orfllavtu(o va y1.€i Katavorytó óti. 01 TtapEXOjIEVEç EyyUqoEic rnopoOv TEXIKWc

va EKGé(YOUV toy rtpourtoXoy1oio tqç EE (YE TtEpW.tEpW Klvöuvouç. H rtpótaoq 6EV

artoKXE(E1 EV6EXOIIEVEc UrtoxpEwoElc yta toy rtpourcoAoyicjió tqç EE itépav twv

Tt10T(JOEWV TtOU é)(OUV ÔEOIJEUGE[’9,K1 6EV 1tpoI3XértEl avcitato OplO yia tic öartavEc tqç

H apx tqç (<rcpwTrç rlIt aç>> EcjapIoEta1 o-to rtAaioio tou iéoou EyyOfloflç öavEiwv yta

épycx tOU ölEUpWTtctiKOO ÔLKtOOU I1EtctopWV (Loan Guarantee Instrument for Trans

European Transport Network projects - LGTT) Kai tqç rtpwto3ou?dac yta ta ojióAoya

xpqiiatoöótnanc épywv a-to rtAcdoio trc atpatnylkqc <<Eupthrtq 2020> (EU 2020 Project

Bond Initiative — PBI) órtou to xapIo4)uAáKlo ölalpEftal GE 6Oo tl.LIiata: a-to

ctrtóal3Eoqc tqç npthtrç ql1[ac tou XaptouXaKiou> (Portfolio first loss piece - PFLP) ai a-to

<(ti.q1a urtoXinoivou Klvöuvou>> (Residual Risk Tranche - RRT). To PFLP OEwpEftal to

tiirpa TtOU EVEXEL toy pEyaALtEpo KLV6UVO GE TtEpüttWOI] 1I EuTtqpEtr)ar)ç öav€tou.

KatavéIEta1 iEtaO tou rtpourtoAoyioioO trc EE (95%) aitqç ETErt (5%). To PFLP op(ETa1

a-to 30 % tç ai.aç tou xaptokuAadou iai, GE rt€p[rttwa a6uvaiiaç EurtrIpétqaqç, 0

rtpoUrtoAoy1oIóç tqç EE Ga Elval EKtEG€11voç GE rtoaoaió éwç Kal 28,5 % tqç aaç tou

xaptoPuXaKiou. MoXovóti i ETErt Ga IlTtOpoOGE va ETIWIIIGtE[ toy OUV0XIKÔ KIV6UVO yta to

RRT, q rti0avátqta auto va UTt0OtE qiia a-tqv npáEj Evai ii6ainv. YrtO cuaioXoy1Ksç

auv0rKEç, to PFLP Ga artoppoai tic r1iEç.

19BArcE áp0po 140, rtapáypacoç 3, tou avoyioioü (EK, EupatOp.) aptO. 966/2012.

CCY058560EL02-1SPP-DECO29-15 Fl N-AV-EFSI-TR.docx 12.3.2015

14

ETErt. [1poKE1iVOU fl EUOOVfl tqç Ertitportç va ItEplopiotEl otqv EVyUflOfl tqç EE (r

oTtoLa xprllJ.atoöotEftctl artó toy rtpoürtoAoyioió tric EE), rtprtEi va RpOI3AEcPOE1 yEVIKfl

artaAAay Kaewç Kal rtapatqoq aitó vop.iKEç aithoEiç artó épouç twv öiKaioOXwv tOU

ETE20. Erwtpoa9érwc, rtpértEi va TEGEL vEU ópwv aythtato ópio auç öarUivEç rtou

TcpcxyjIatortOlEi q ETErt via Xoyapiaai.ió tou ETE.

23. MoXovóti rtpóOEoq tou XE6ou 6EV vai ri i3puvor twv EOVI.KwV 6rióoiwv

OiKOVOp.1KWV r q 6rioupya vwv xpEwV, q Ertitport EvOappuvEita pcctq I.LEXfl Va

aUVEio4EpOUV crto EUE, ELtE á1EGa EItE tEGW tqç xpIato6otqcc ETIEV6IJT1KWV épywv.

H Ertitport 6EV Oa Xcq13aVE1 urtoi.ji cwtEç tic ouvEicJcIopEc Kcxta tqv aioXóyrioq tqç

örlllooiovol.IiKnc rtpooapioyç ouo rtXaoio E(tE tOU TtpOXflTttiKOU EItE tOU 6iOpOWtiKOU

cYKEXOUc tOU UIi(f)WVoU taOEpoTryuac Kcti Avárutuqç21.ErwtAov, ta Kpatr tAq

artopouv itiorç va auavouv to p.Epiôio tqç sOviKñc ouypriato6ótqoqç twv

EUpWItaIKWV óiapOpwtiKwv KIll ETIEVÔUt1KWV tctIE1WV (EET), rtépav tou EAcXX1IYtOU

ETILTtE60U TtOU TIpOI3XETtE1 fl VOp.oOEGia. Yrto cYUyKEKp1jIEVEc rtpoürtoOoELç, Oct ylvEtal

ctVEKt rtpoawpivr aTtóKXicYq aria toç iEoortpo9EcYjlouc 6flhlOGiOVoIliKoUc otóxouc twv

Kpccuwv p.E?IWV GE TtEpiTttWGq EOV1K9ç ouyxpqiato6otqoqc ETtEv6uGEWV cyto rtXaoio twv

EET, twv óiEupwrtaiKthv ôiKtOwv KIll tqç öiEuKóXuvoqç ((ZuvöEovtaç tqv Eupthltrp)22.

24. Ei-toi.ivwc, 6Ev Eivai öuva-tó va artoKAEicYTEi aOqoq tou 6rióaiou xpouc.

>uyKEKpi1Eva, tc( Kpatfl jJ.EXfl (n/KIll 01 EOviKEç avarttuiaKEç tpartEEç touç) Ev6EXEtII.

20touç 6iKct1otxouc iou EUE (q TEpótaaq 6EV TtEP1éXE1 GXET1Kó opLcYilo) rc€pt.Aaiil3ávovtai

öctVEiOAñTttEc tWV XPflItatO6Ot1KthV 11E0WV TtOU KaAUrEtOVtcii Utó yyurOq tqç EE KIlt

EKtEAOOVtaI ctrtó tqv ETErt a-to rtXcdaio inc oui.twvi.cxc ETE.

21E rtEpirutwOfl urtp3ctoç inc tqirjç avctopáç yia to éXAEq4Lct, r Ertutport &v Oct K1VE

óiaöiKao(a UTtEPI3OA1KOO EXAE(4J.pctioc, EV fl uTtEp3acYfl £iUtfl OctEAEtcti J.oVO Gtfl

GUVEIG4Opà, €ivai I1iKp Kal availévEtcu on Oa EVcti rtpoowpiv. Kcttá tqv aioAóyari

tuxóv urtép3ctoqç rqç tqirç avacopc viao xpéoc, 01 cYuVEiocopEc oto ETE ösv Oct

Aaiif3ávovtcti urtOi4ii artO tqv Erttrport (I3AértE COM(2015) 12 tEXIKO tqç l3qç Iavouapou2015, a. 5-7).

22BXéTEE COM(2015) 12 TEXIKO, a. 7-9.

CCY058560EL02-15PP-DECO29-15 Fl N-AV-EFSI-TR.docx 12.3.2015

15

vet XPE1CtOtE Vet rtpo3oUv GE 6CLVEiCYIIÔ TtpOKEI4IEVOU vet KatCt3áAOUV tTO1E

GUVE1GcOpç. >tiç TtEpLTttthGElç Kettct tic ortoiç Tet KpCXtfl IIEAfl 1tCtPEX0UV CtVtEyyUflGElç

a_to EUE, 0 Kivöuvoç trç rtEpetltEpw othpEuorjç xpouc artAthç ava3àXAEtai. TAoc, tet

épya urtó _tqv Eyyuqcq tou ETE EV6EXETaI Vet XPEl0vtetl Ttp000Etrl 6I]lióaLct

xpr.etto6àtqoq liEtCi tqv oAoKXpwo touç (rtetpa6E[yj.atoc xtpiv, Xóyw ouvtpqaqc).

To yEyovóç etutó IITtOpE1 vet rtpoKaXEoEl etvETuOOliqtEc avuöpaoElc ariç

xpnIettoruo_twtiKEc ayopEc, jIE artotEXEajIc( aur)aq twv 6wtavthv EUTtrpEtqGflç xpouc,

ióiwç yic tic xwpEç TtOU )(OUV TtX9yEL TtEpiGGótEpO aitó tflV OIKOVOjI1Kfl Keti

XPnP.atOrticTwtiKn KpiGfl. Enionc, Elveti noXii orllJ.avnKo o ouvoXlKoç av_tIKturtoc tou

EUE 0_tO örHioaio xpéoc KCCI tct EAAEI44ICTa vet EçE_tC(0_tE1 öEovtwç KCLI Vet aloXoyfl0Ei

3aaEl öiacjMXvWv Keti CJUVETtthV Kpl_tqpiwV.

EvöLápEoi1 4LoAoyI7c7I/avcx&thpfluq iou noAvEroóc t5rnAOcJLOvopLKOu nActtoIou

25. ME tfl öriioupyiet tou EUE 0EWpE[tai 6_ti etVtijiEtWTt EtCtl ilet ETtEiOU0et etvayKfl. H

OUOTetOfl tOU 6Ev ETI1KUpWO9KE (3CLOEI EK twv rtpotEpwv aioXovqoqc23,C_to rtXctiaio _tç

orto(.aç Oa EIXE KCtetCJtE1 öuvctró vet TtpoOöiOpicTtoUv, 1EtetU àAAwv, oi. 6ia0olj1Eç

T1OX1t1KEç ETtlAOyEç yict triv ETtLtEUr twv iöiwv 0tóWV JE tet UTtCt)(OVtCt j.1EC1a24,to

OKETtt1KO _tqc ErtlAOyqç tr öiEukokuvoqc ((uv6EovIaç tqv Eupthnrp> Keti. tou

npoypájiettoç ((Opiwv 2020 wç twv Kupiwv rtqythv xpniiatoöotnonc, netpá to uijiqAó

ETdTtE6O ióXXEuOflc TWV ETEEvÔOGEWV25,Ka0Wç KCXi 01 OuVETIEIEc JICL( Ev6ExoiEvnc

23 H artcdtroq 6iEVpyEiac EK TWV rtpotpwv aioAóyaç rtpo3AETtEtai a_ta áp8pct 30, 31 Keti

140 iou KCiVOVIGIOO (EE, Eupatói) apiG. 966/2012, Ka0wc KW. airv aut1OXOyiKI GKéiI)fl 53.

BXéns ErdcTrc áp9pct 18 Keti 224 iou at’ EOualo6ótqGfl Kc(VOVIG1OU (EE) apiG. 1268/2012tqç Ertitportic, _trç 29qç OKtw13pou 2012, axEuKà E _touc KavóvEc E4ctpiOyñc iou

KaVOVIGi01) (EE, Eupauói) api0. 966/2012 iou EupwrraiKoO Koivol3ouAiou Kaitouuji3ouluou yta rouc önioatovo.uKotc KavovEç i_toy E4apioovral 0_toy yEvu(o

rtpourtoXoyiciO trç’Evwarç (EE L 362 trç 3 1.12.2012, a. 1).

24napct6Eiyiatoc XLPIV, ila EVaXAaKUKfl AOoq Ga nitty fl aO90fl IOU KE4)ctA(ilOU irç ETErt.

25Ooov a4opà tqv ypraio6óiqo iou AEA-M (rtou avuo_toiXE( a_to 80 % rtEpü_tou tI1c

ölEuKóAuvorc uv6éoy_tac try Eupthrtr>>), aVaulEyoTaV óti KaOE EKetiOiiiPiO 6artavthv GE


16

jIEiwoqç twv öiaOoqiwv yicx Ta EV Aoyw rtpoypcqtata KEcaXaiWV JtflV KaXuI4Jfl tou

ETLEVÔUTIKOU KEVOU, TflV ápGfl ttiJV KcLVOVIGtIKWV EjITtOÔ1WV Kctl tfl GUI.L130X9 cltflV ETtitEUfl

TWV cYtOXWV tqç otpcxTq1Kqç <<Eupwrtq 2020>>26.

26. BaGEL twv rtpoavactEpOvTwv, Kctl GE ouVöuac3IlO 1E Tic rtpóaOEtEç EVEiE CRc

ortoiEç ea TtPOI3E1 EVöEOp.EVWç q Ertutportr wç ici j.taa tou 201627, fl ETt1KE(1EVfl

EV61aIIEar aLO7LóyflGfl/aVaOEthpflGfl IOU TLOAUEIOUç 6flIIOG1OVOIJLKOU rtXaioou (flt[1)28

Oct TtctPtOXE1 ClOy vO)io9tfl TflV EUKctLpia Va ctiOXOyflGEi tflV rtpooöo TtOU EXEL

cJqIIELWGEiTO ETE aiva XáI3ELTatuxóv avaykala ölopOwnKa iétpa. H Ertitpoii

TtpéTtEL ETtiGqç lIE TflV EUKcLLpIa cttr vct UTtO13(LXEi EKOEGq GXETLKá lIE tflV KCLTCLOTctOfl

rtpooôou trç rtpwtnc öEGllrlc öpacYEwv rtou EyKpIO9KE TOV tEKEII13piO IOU 2014, OXETLKa

liE TO pU9JiGtiKo JIEPLI3cXAOV Kcil TflV apoq TWV EIITtOÔ1WV CRc ETtEv6UOELç29.

III. EILUKA !XOAIA

27. H EVóTflta autr TtEPLEXEL TtEpctLtEpW o)(óXLct Elti tç rtpotacqc.

EupwTtCtlKÔ ETt(TtEöO Oct EIXE wç WTOIEAEOIIct ETEEV6UGELc tiI.ouc 5 EKaIOI4LUp[WV artórtAEupac Kpc(twv lIEAwv KctL ETtEv6OcJELc óouc 20 EKctIOI4LUP(.WV ctTtÔ wv L&WILKO IOl.tEa

(Xóyoc 1:25). flpof3XErtótav €rt(aqç on KctOE EUPW öartavthv I3áaEi IOU TtpOypálJ4laIOc-

rtAaioou tqç EE yict tqv épvct Oct 1EIa()paoIctv GE atraq tqç Ttp0OTiOE1EVflc aiac IOU

KAa50U Kcttct 7 wç 14 EUpth (I3AtE Memo/11/469 trç EUpwrtaIKñc Ertutpornc,

tqç 29qç Iouviou 2011).

26flapa6EyliaIoc XaPLV, GE OXEOn lIE Ict pya rtou EIXaV rtpoKaOopicTtEi oto rtAaiaio trç

6iEuKoXuvaqç uvöéovtctc triv Eupthrtq (I3AértE rtapápIia I IOU KavOvLalIou (EE)ciptO. 13 16/2013 toy EupwltthKoO Koivol3ouAiou KW.tOU uiif3ouAou (EE L 348 tqç20.12.2013, C. 129)).

27 COM(2014) 903 IEALKO, a. 16.

28ApOpo 2 tou KccVOVLGlIOO (EE, EupatOli) ccpiO. 1311/2013 tou uii13ou?doU,tç 2aç AEKElII3pOU 2013, yia toy KaOopLaIlo IOU floXUEtoIç 6flItOG1OVOIiiKOO rtAaioou yict

IflV rtEpO6O 2014-2020 (EE L 347 tç 20.12.2013, a. 884).

29 COM(2014) 910 tEluKO, rtapàptqp.ct III.


17

Appo 1, napáypacpoç 1 - IKavor,lra aváAqçLnç K1V156VwV

28. KpLvEtw. aKOTtijlo va opiatt q vvot.a rrjç ((iKavotqtac avàAq4qc KivöOvwv)>.

4pipo 2, napáypapoç 2- EupwlraIKóc Kóp6oç EnEvöurlKthv Zvp6ouAthv

29. 0 EupwTtcLiKóç Kói3oç ErtEvöutiKthv uiiI3ouXthv (EKE>) rtapxi OUj.t3OUXEUflKfl

uTtOcrtqpin yicttov EVtOTt1OI.1O, tflV KLtapt1Ofl KU1TflV avarutur1 ETtEVöUt1KWV EpywV Kal

EVEpyEI wc Evaç Evlaioç K0p430c TEXV1KWV oup43ouAGiv (jIEta,O àAAwv, ETE( VOI.I1KWV

qtqiiátwv) yia tq Xpqiiatoöótqoq pywv Evtóç tqç EE. Auto rtEpt.AcqII3avEi trpir yia

tn pqofl tExvi.Knc 3oflGELaç Ooov acopà tq öiàpGpwoq tou pyou, tn xpñon

Kaivotopii)v XPfl lJatO5Ot1KWV 1OWV, Kctwç Kal tfl XPflQI1 GU l1rtpaEWV öfl IOcJiOU

iöiwtu<ou topa. Yrtápouv ai. áAAon. ouIII3ouXEutiKoi copEiç crtouc oiioouç

OUJ4IEtEXOUV r ETErt, q Ertitport Kcii Ut patq .IEAfl, Ortwc to Eupwrta(KO Kvtpo

EE1poyvw1oaOvrç yta tic lT> (European PPP Expertise Centre - EPEC) Kcti i-i

<flXat4ópp.a Xpflp.atoöotlKthv Mqaviaiithv - TEXviK uj1ouXEut1Kfl [11.at4ópiia

(Financial Instruments - Technical Advisory Platform - Fl-TAP) yta ta EtET. flprtEi va

51EUKpIVIOTEI lIE TtO1OV tpoTtO 0 EKE, acEvOc, Ga rtpooöwoEi a,ia Kai, a4EtEpou, Ga

OUVIOVIOTEI IE tfl 6iaGoiiiri EIrtELpoyvwoia.

30. 0 EKE Ga xpqilatoSotEtraL Kara upio ?iOyo artO urtápovta KoV5ulua yta tEXVIKfl

ouv6poji tqç ETErt crto rtXaLoio twv ujnotàpvwv rtpoypaijiàtwv tqç EE (SiEuKOXuvor)

uvSovtaç tqv Eupthrtrp>, 0pwv 2020>>). QcruOoo, rtpo3XErtEtai Kal rtpOcYOEtr

XpqiiatoSotqaq wç iai 20 EKatOlIlIUp1WV EUpth EtqcJiwc wç To 2020. H rtpOtaoq 6EV

rEEpIExEL XE1uoI.tEp otol.xEia n Kpltqpla aioAOyoqç ta ortota va Su<aioXoyouv autñ

tqv rtpOoGEtq xPrnlatoSOtnon.

31. tqv rtpOtaoq 6Ev 61EuKpiviEtai ri volILKñ opc tou EKEZ, oOtE rj ErrlXEipqoLaKq

Soiinj tou.

CCV058560EL02-15PP-DECO29-15FIN-AV-EFSI-TR.docx 12.3.2015

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Aptpo 5, ncxpáypacpoç 3- LIarrávç rig ETEn

32. 0 iuvöuvoç iq avaKtqaqç tWV óartctvwv tqç ETErt 3apuvE1 artoKXELcYtiKct to ETZE,

wç to rtocró twv 160 EKatoiuptwV EUpth. tic EV Aoyw öcutavEç, 01 oTtoLEç 6EV

rtpoo&opiovtai, EvöEXEtai va TtpoGtEeOuv ta oöa öiaxapioqç oui ortoa

UrtoI3aAAEtaL q ETErt Otav rtapELpfl1ato6ótqafl to ETE. 1E6OI1EVoU ótito EUE

cYuatáOqKE yta aTtEpiópiGtfl öiàpKEia, ELval áyvwato to vortoiqivo ouvoXiKo i1Iioc

twv ôartavthv 6LaEipLcYqç tou (Gu Epiap43avo1Evou tou EKE). ErtirtXov, 6EV opiEtaL

avthtato ópio yia tic öartávEç autç.

Appo 5, napáypacpoç4 - anó ra EL1ET

33. Ta pya tou tpovtoç xaptocPuXaKou épywv rtou rtapouo1aEta1 otov ioiótorto

tou ETE Ga prtopoOcYcv Kat’ aprv, atqv rtAEioVotqtct touç, va Eivai E1uAEij1a yia

xprn.iatoöótncyn artó unotáiva oa tqç EE. H XPflhlatO6otiKfl otpiq tou i6iou

EpyOU alto 6iacopEt1KEç rtflyEc xpqiiatoootqanc, crto rtXaoio rtEpiooOtEpwv VOIJ.IKWV

nXaio[wv, EIVa1 6UVatO va OöflyflGEl GE GuyKpOuoq E4apIIootEWV KaVovwv. Ta qtñIIata

autct 6Ev Giyovtai otqv Ttpotaoq.

Ap8po 7, napáypacpoc 2- flArpiç ‘ywjcu

34. H rtpOtaur rtpo3XrtEi óti. q Eyyuqoq tqç EE KctXurttEl rtXpwç (wç to rtoaO

twv 2,5 6ioEKatop1upwv EupW) Tq xprn.tatoöotnon rtou rtaptai oto ETE yia tq

61EvpyEia XprflIatO60t1KWV Km ETtEV6UtIKWV TtpaEWV urtp MME, urtO trpi rtpoürtó8Eofl

Oti rtapEEtal. oo riooO xpiaro6Otqoqc artO tv ETErt xwp tqv yyuqoq tqç EE. trv

nptr, yia to tIIr1a tqç Eyyur)aqç tqç EE rtou 6iaXEipiEtai to ETE, q iOXXEuoq 6EV Ga

rtpoKOij)Ei artO to ETE, aXAá iOvov artO touç GUIIPEtXOVtE xprn.IatortiotwtlKoOc

61aIEooXaI3qtc.

Aptpo 8- TapEIo EVyusuEwv rig EE

35. H rtpOtao 6EV TtpOI3XETtEi OUtE tfl VOI1Kfl .iopc rtou Ga XáEi to tap.Eio OUtE toy

tpOrto XEitoupy(ac tou.

CCYO58560ELQ2-15PP-DECO29-15FIN-AV-EFS-TR.docx 12.3.2015

19

36. To tal.IEio rtpoopiEta1 va rtapEEi wIoOEIlanKó pEuototryuctç otov rtpoürtoXoyioió

tqç’Evwaqç vavn rjiithv artó to EflE Katatqv ETtitEUfl twv crtóxwvtou. BàoEltrlc

cxrtOKtqOEtoac rtEipac OpiotqKE dia ctvaAoyLa 50% iEtau twv qpwuiv artó toy

rtpoürtoXoyioió tric EE Kaitwv GUVOXIKWV EyyUfltlKWV UrtoxpEwoEwVtnc. H rtpótaor

rcpo3XErtE1 ott r Enitport EouoLo6otEitaL va EK6I6EI rtpár yia tqv rtpooapioy tric

rtpoavacpEpeEicYac avaXoyac Kata 10% Kat’ avthtato oplO, fltOl Katc 800 EKatOI4iOplct

EUpW (áp8pa 8, rtapáypacoç 6, Kal 17, Rapàypacloç 2).

37. MoXovOti. IIE nv rtpooap.toy autñ 9 avaXoy(a ea ITtOpOUOE EItE va aUfl9Ei EItE

va IIE1W8E, 6EV UTEápXEI Kcq.t[a 6iàtctq GXEtIKá lIE toiiç to.tEiç tOU [lAfl Kai ta KOV6UXIc(

iou rtpoürtoXoyioioO rtou 9cx ETtflEtOVtV ctrto iiia iti8avq aOroq tou aRoOElatlKoO

pEucrtótqtaç, rtpOKELjJ.EVOu va aVtLl.tEtWTtlGtEi to EVÔEXóIIEV0 I- rpwpi tou 50 % twv

EyyU9tIKWV UTtOXPEWcYEWV va irv ETapKE1. H Ertitport rtpErtEl va aGX0X9OEI. jIE nv

rttuxñ autñ cito rtXaioio tqç rtpthtrç ErtavEEtaoqç tqç ETtCXKE1 tou ErtlrtEöou tou

icqIELCU Eyyu9GEWV, nv ortola 8a urtoI3áXEl wç tqv 31 zEKEj.t(3pioU 2018.

Aptpo 10- Vno6oA EK&UEWV KL )IOyLOTLKI7 KaraxwpLw7

38. [1prtE1 Va rtpoaöiopiotoOv ta Kpitqpla yta tqv aioXOyqoq tqc rtpooneép.Evflc

xE,uxç, tqç KlVfltOrtou9arç rwpwv iou lólwTlKou tojia, tWV EKTI1(JIEVWV Kctl

npayp.atlKwV EKpowv, altotEXEoj.tatWV KalTou avtlkturtou tWV Xprdato6onKwv Kal

ETEEV6uUKWV TtpaEwV tqç ETErt (YE GU’yKEVTpWtIKq (3ctaq, itoU rtpoj3XETtEtal crtqv

napáypa4o 2, OtOIXELO 13).

39. Ci oiKOVoj.tlKEç KataotácYEic tou ETE ntou avacpovtai otqv ntapáypao 2,

OTOIXEIO crt), rtprtiva ouVoöEuoVtcLi anto yVwp.rj avEaptr1tou EWtEptKOU EXEyKTfl.

40. flprtEi. va opiotouV ntpo6EcYj.tiEç yia tflV unto13oXr TWV EK9EcYEWv rtou avacfpovtai

crtiç rtapaypthouc 1 éwç 3, iöiwç rtpoKEijIéVoU q Ertitpont va XEi n öuvatOtryta va

EVOWjIcXtWVEI ta OXEtIKa 010 IXE La oouc €trl atouç Xoyapiao.to c.


20

41. 0 xPóvOc öflIOcY[EucYflç inc ETñGlac KOEoqç OXEtiK( lIE tflV KcttCXGttCYfl IOU talJ.ELOU

EyyUqoEwV nov avacépETai oTflv ntapaypacjo 6 TtTtEL Va OUVTOVIOTEL liE tOV XPÔVO

5qtOdnEUoqç twv rtpoowpivthv Etqoiwv Xoyapiaoithv r iE toy xpóvo 6flIIOcJ1EUOflc tqç

EKOEoqc OXETIKa jAE tfl öfljIoGtOVolilKfl Kctl XPflh1atO0iKOVOIiiKr16IaXE1PLOfl TtOU

TtPO13ATtE1TO ctpOpo 142 tOU ör)IIOOIOVOIJIKOU KaVOVIGjJ.OU, ñtoitqv 31q Maptou.

Apipo 12- AwAóyiw Kat EnLUKóJtIlcJIl

42. Oi Ttp03XETtóiEvEç ct1OX0yfl0E1ç npETtEi va ÔIEVEpy0UVTcLL aito avctptrytouç

EwtEp1Kouc OpE(ç.

43. Ga ñtav aKontqiótpo va KatapTLovta1 EKOEoE1c oXEtIKa jIE ta pya iou ETE OE1

tnic cIOoric iwv ErtqlEpouç rtpoypapiátwv, Kata tpóntov WOIE va aKoXouOEuual 0 KUKXOc

wç 1WV OTOXEUIJ.EVWV ETEEVÔUOEWV.

Apipo 13- LllacpavEta KaL öpoutonouiw rwv nAipocpopithv

44. ntEpiTttWoq TIOU 01 XEntToiEpEiç puOiloE1ç ntEpiAqc0ouv GE ouIiwvia iEtctU tqç

Eiii.tpontç Kctl inìc ETEnt, Oct ñtav oKontqio q oup4wva autñ va óqhIocJlEuOEi.

Ap8po2O - MEra6arLKIj 6iaraq

45. H Eyyuqoq tqç EE rnopEiva KaXUIj)E1 KaiEpyaEKtoc antó ta ouv0q, ta ontoa Oct

pqi.tatoöotqOoOv antó tqv ETEnt I<ctl TO ETE <ata rq öiapKEia tou 2015 Kctl ntpiv antó tqv

Evapr ioxioc tOU KaVOVIOIJOU. YTflV TtEpiTttWOq autr, q Entutport Ga a1oXoyqoEi EaV 01

EV Xóyw rtpaEic rnopoOv va KaXucOouv antó iqV Eyyu qoq tqç EE. Auto ouvioiá

TtapEKKXloq antó tic 6iatàE1ç oO1cWVa liE tic ortotEc Ut Epya EJuAEyovtai antO

aVEaptqTq ETtitpOTtI] ETtEV6UOEWV 3aOEi tWV TtXE0VEKtflliaTWV touç, xwpç Va

Acqi3ávovtai UTtOi.IJfl yEWypaciKa fl to1EaKa Kpitflpia, 3aOEiTWV E1tEVÔUtiKWV TI0AIT1KWV

Kctl TWV KatEuOuvTpiwv oöqyithv nov KaOopiE1 TO öiolKflTiKO ou43ouXio.

CCYOS856OELO2-15PP-DECO29-1SFIN-AV-EFSI-TR.docx 12.3.2015

21

H napoóaa yvcjiq EyKpiOqKE artó to EAEyKTIKÔ uvöpio OTO Aouq.if3oOpyo, K(T( Tq

auVEöpiaa tou tqç l2qç Maptiou 2015.

na to EAEyKrIKÔ XUVE6pLO

VItor Manuel da SILVA CALDEIRA

flpóEc5poc

Avr’ autoó

Igors LUDBORS

MéAoç rou IuvEöpLou

CCYO58S6OELO2-1SPP-DECO29-15FIN-AV-EFSI-TR.docx 12.3.2015

1

YNTOMOPAøIE KAI flAPAflOMflE!

flAPAPTHMA

!uvtotoypacia flApEç KELI.IEVO ‘Eyypaco ctvacopàç/totótotoc

E&M

EET

EE

EKE

ETE

ETEn

EUE

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EupwTtaIKà öiap0pwtiKá i<ai EflEV5utiKt

tal.1Ea

EupwrEctlKfl ‘Evwofl

EupwrtaiKác Káif3oç EREvôutiKthv

uii3ouXthv

EupwTtaIKó TaliElo EnEvöOaEwv

EupwrEaIK TpártEa ETtEv6OoEwv

EupwTtcttKó TaIIEI0 tpatflyiKWV

EnEv6JaEwv

MIKpEc Kal pEoaiEc ETEI.xEipñoEic

[1OXUEtEç öfljlOOiOvojflKo TtXakTio

http://inea.ec.europa.eu/en/ten-t/ten-t.htm

http://ec.eu ropa.eu/contracts_grants/funds_el htm

BXrtE tp0po 2 tric TEpóTaoqç

www.eif.org

www.eib.org

B?Erte: rtpótaoq, r

http://ec.europa.eu/enterprise/policies/sme/facts-figu res-analysis/sme

definition/index_el .htm

Kavoviollóc (EE, Euparáp) api0. 1311/2013iou u.if3ou?s[ou

http://ec.europa.eu/budget/mff/index_en.cf

m

Ttpótaorl, n

Xö1O, TO

uvGKfl AEE

EPEC

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[lpotaoq KaVoVIcJIlou IOU EupwnalKoO

KoivoI3ou?iou Kaitou Zui3ouXiou via to

EupwTtaIKó TaI1Eo tpatryiKthv

Enevöioewv (l trV tportortoi.rioq twv

Kavoviaiwv (EE) apiS. 1291/2013 <at (EE)apiS. 1316/2013

ETtEv6utlKá xóio via tqv Eupthnq

uvSKn yiatr Xeitoupy[atrc

EupwrtaIKñc Evwoqç

EupwrtaIiá Kvtpo ErncipoyvwpooóvqçyiatiçIT

Moo EyvOrlonc ôavEiwv via épya iou

ôLEUpwrtaKoO Ô1KTLJOU ietacopthv

flpwto3ou?ia yta ta oiiáXoyaxp1ato6ótaqç épywv 010 rtA.aaio inc

crtpatqyiKç (CEUpWTt9 2020>>

COM(2015) 10 TE?iLKó tqç l3rlc lavouapou

2015 http ://ec.europa.eu/priorities/jobsgrowth

investment/plan/docs/proposal_regu lation_ef

si_en.pdf

COM(2014) 903 tE11KÔ, tqç 26ç NoEIiI3pou

2014 http://ec.europa.eu/priorities/jobs

growth-investment/plan/docs/an-investmentplan-for-europe_com_2014_903_eI.pdf

http://eur-Iex.europa.eu/legal

content/EL/TXT/?qid=1425369741778&uri=CE

LEX:C2012/326/01

http://ec.europa.eu/contracts_grants/funds_

en.htm

http://www.eib.org/about/docu ments/lgtt

fact-sheet.htm

http://ec.europa.eu/economy_finance/financi

al_operations/investment/eu rope_2020/inde

x_e n htm

CCY058560EL02-15PP-DECO29-15 Fl N-AV-EFSI-TR.docx 12.3.2015

4/2015 api0. rvth - eca.europa.eu eaefktiko yynepio-rvth api0. 4/2015 (urtof3ctaaópevfl 6uvctilel...

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