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REPORT (13182/2024 – C100105/2024 – 2024/0803(CNS))

On the draft Council decision on amendment of the EIB's Statute

A-10-2024-0013

Committee on Budgets · Rapporteur: Joachim Streit

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✦ In short · AI summary of this text, generated 4 Sept 2026

Written by a language model from the full text only; every figure comes from the text. The paragraph links open the paragraph a statement rests on — check the text itself before relying on it.

Parliament approves the draft Council decision amending the EIB Statute, which replaces the statutory lending limit with a unanimous Board of Governors decision. It calls on the Council to notify Parliament if it departs from the approved text and to consult again if it substantially amends it.

Committee position. The Committee on Budgets approves the draft Council decision, supporting the amendment while emphasizing the need for unanimity and financial discipline.

Key points

  1. Approves the proposal to amend the EIB Statute.
  2. Calls on the Council to notify Parliament if it intends to depart from the text approved by Parliament.
  3. Asks the Council to consult Parliament again if it intends to substantially amend the text approved by Parliament.
  4. The proposed amendment removes the statutory lending limit, replacing the maximum 250% gearing ratio with a unanimous decision by the Board of Governors.
  5. The change aims to give governing bodies full authority over risk and leverage metrics, following a G20-commissioned review.
  6. The rapporteur supports the amendment but stresses maintaining unanimity and financial discipline.

Who is affected

  • The European Investment Bank: its statutory lending limit is replaced by a unanimous Board of Governors decision.
  • Member States: their unanimous agreement in the Board of Governors is required for any change to the gearing ratio.

Figures and deadlines

  • 250%: the current maximum gearing ratio in the EIB statute, to be replaced.
  • 290%: the gearing ratio increase decided by the Board of Governors in July 2024.

Legal basis: Article 308 of the Treaty on the Functioning of the European Union