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DRAFT REPORT (13182/24 – C100105/2024 – 2024/0803(CNS))

On the draft Council decision Amendment of the EIB's Statute

BUDG-PR-765132

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.

The draft report approves the Council decision amending the EIB Statute, which replaces the 250% gearing ratio 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 rapporteur proposes that Parliament approve the draft Council decision amending the EIB Statute, with calls for the Council to notify and consult Parliament on any changes.

Key points

  1. Parliament approves the proposal to amend the EIB Statute.
  2. The Council must notify Parliament if it intends to depart from the approved text.
  3. The Council must consult Parliament again if it intends to substantially amend the text.
  4. The amendment removes the statutory lending limit, replacing the 250% gearing ratio with a unanimous Board of Governors decision.
  5. The rapporteur supports the amendment, stressing that unanimity for any gearing ratio revision preserves Member State backing and balance of power.
  6. The rapporteur insists that statutory changes must not compromise financial discipline or transparency, and the Bank must maintain robust risk management.

Who is affected

  • The European Investment Bank: its statutory lending limit is replaced by a unanimous Board of Governors decision.
  • Member States: they retain control through the unanimity requirement in the Board of Governors.

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