On Wednesday 24 January, MEPs on the European Parliament’s Committee on Budgets (BUDG) adopted by 26 votes to 1 with 2 abstentions the draft report by David Cormand (Greens/EFA, French) on the financial activities of the European Investment Bank (EIB) in 2023.
MEPs are in favour of increasing the EIB’s capital, in particular “to enable more long-term repayable financial support and innovative instruments” and thus “maximise innovation gains in key EU policy areas such as the twin...