Skip to content
REPORT (COM(2020)0774 – C90378/2020 – 2020/0343(COD))

On the proposal for a decision of the European Parliament and of the Council authorising the Commission to vote in favour of the capital increase of the European Investment Fund

A-9-2020-0253

Committee on Budgets · Rapporteur: Johan Van Overtveldt

Official HTML ↗ PDF DOCX
✦ In shortFull textProcedure & committee votes
✦ In short · AI summary of this text, generated 25 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's position at first reading takes over the Commission proposal for a decision authorising the Commission to vote in favour of the capital increase of the European Investment Fund. It calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal.

Committee position. The Committee on Budgets proposes that Parliament adopt its position at first reading taking over the Commission proposal, and call on the Commission to refer the matter to Parliament again if it substantially amends its proposal.

Key points

  1. Parliament adopts its position at first reading, taking over the Commission proposal.
  2. Parliament calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal.

Who is affected

  • The Commission, which would be authorised to vote in favour of the capital increase of the European Investment Fund.

Legal basis: Article 294(2) and Article 173(3) of the Treaty on the Functioning of the European Union.