Translation of "Favourable investment climate " (English → French) :

65. Stresses the high potential of foreign direct investment in terms of development, sustained economic growth, the transfer of know-how, entrepreneurship and technology and job creation; underlines, in this context, the importance of a transparent, predictable and favourable investment climate, minimising red tape for business, respecting property rights, promoting competition and striving for sound macro-economic policies;

53. Calls on the Member States to implement their political commitments regarding the development of the missing energy interconnections, paying special attention to the isolated and border regions of the EU, such as the Baltic States; recalls the necessity of investments to achieve this goal, and requests the Commission to propose measures to establish a favourable investment climate in order to ensure that markets send the right signals to investors; calls on the Member States and the Commission to thoroughly consider the environmental aspects before approving further major infrastructure investments, such as the planned North Europe ...[+++]an Pipe line − North Stream;

53. Calls on Member States to implement their political commitments regarding the development of the missing energy interconnections, paying special attention in the isolated and border regions of the EU, such as the Baltic States; recalls the necessity of investments to achieve this goal, and requests the Commission to establish a favourable investment climate in order to ensure that markets send the right signals to investors; calls on the Member States and the Commission to thoroughly consider the environmental aspects, before approving further major infrastructure investments, such as the planned North European Pipe line - North St ...[+++]ream;

These strategic guidelines should also recognise that the successful implementation of cohesion policy depends on macroeconomic stability and structural reforms at national level together with a range of other conditions which favour investment, including effective implementation of the internal market, administrative reforms, good governance, a business-friendly climate, and the availability of a highly skilled workforce.

Contributors see a key role for policy makers, notably in the creation of a favourable investment climate, both within and outside the EU.

Clearly, macroeconomic stability and structural reforms are a precondition for the success of cohesion policy along with a range of other conditions which favour investment (including effective implementation of the Single Market, administrative reforms, good governance, a business-friendly climate, and the availability of a highly skilled workforce)[4].