24/06/2025 (Agence Europe) – On Tuesday, 24 June, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) and Committee on Budgets (BUDG) decided on (by a vote of 63 in favour, 10 against, and 2 abstentions) their negotiating position on the revision of InvestEU, a programme designed to attract additional private investments to the EU. They recommend increasing the allocation of the public guarantee from the EU budget that this programme receives by €4.5 billion despite the fact that the Council of the EU adopted the European Commission’s initial proposal limiting the increase in the public guarantee to €2.5 billion (see EUROPE 13623/23). In a press release, the two parliamentary committees claim that the €4.5 billion increase will make it possible to attract “approximately €70 billion” in additional investments. They also recommend that €200 million be allocated to provide advisory services to those heading up projects supported by InvestEU. (MB)