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Control of the financial activities of the European Investment Bank – annual report 2023

TA-10-2025-0076 · P10_TA(2025)0076 · PE769.944

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

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Parliament's resolution on the EIB's 2023 financial activities acknowledges its performance, calls for more transparency, risk-taking in strategic areas, and better support for SMEs, housing, defence, and climate, while urging stronger oversight and accountability.

Key points

  1. Calls on the EIB to publish more detailed minutes of Board meetings, including voting records, and to align transparency with Regulation (EC) No 1049/2001.
  2. Urges the EIB to increase risk-taking for strategic investments, including higher-risk innovative projects, and to play a larger role in de-risking through guarantees.
  3. Calls for an independent audit of all risk-sharing instruments, including those linked to the RRF, to avoid double funding.
  4. Welcomes the EIB's support for energy security and REPowerEU, but calls for analysis of project impacts and a clear overview of potential double funding.
  5. Supports the EIB's expanded role in defence and security, including the removal of a predefined ceiling for SESI financing, and encourages further investment in dual-use technologies.
  6. Calls on the EIB to prioritize investments in affordable housing, energy-efficient social housing, and renovation projects for low-income households.
  7. Encourages the EIB Group to continue supporting SMEs, start-ups, and scale-ups through tailored financial instruments and technical assistance, while ensuring additionality.
  8. Calls for the EIB Group to establish a comprehensive whistleblower protection policy in line with Directive (EU) 2019/1937.
  9. Notes the EIB's climate financing and calls for maintaining technological neutrality, while urging increased investment in critical raw materials and agriculture.
  10. Urges the EIB to ensure transparency and accountability in its activities outside the EU, including in Ukraine, and to apply conditionality to all non-EU financing.
  11. Calls for the EIB to provide detailed information on the Northvolt case and for an internal review to prevent similar failures.
  12. Insists that the European Court of Auditors should have full access to all data on EIB operations involving EU funds, including through financial intermediaries.

Who is affected

  • The European Investment Bank Group, including the EIB and EIF, is called on to increase transparency, risk-taking, and support for SMEs, housing, and defence.
  • Small and medium-sized enterprises, start-ups, and scale-ups are targeted for improved access to financing and technical assistance.
  • Low-income households and regions with low investment capacity are to benefit from increased EIB investment in affordable housing and social infrastructure.
  • Ukrainian authorities are urged to strengthen administrative and audit capacity for implementing EU-funded actions.

Figures and deadlines

  • EUR 2,272 billion in consolidated results for 2023, down 2.4% from 2022.
  • CET1 ratio of 33.1% in 2023.
  • EUR 54.4 billion in total disbursements in 2023.
  • EUR 45.0 billion REPowerEU+ financing target until 2027.
  • EUR 8.3 billion signed for energy efficiency in 2023, 65% for buildings.
  • EUR 31.1 billion in financing for about 400,000 SMEs and mid-caps in 2023.
  • EUR 41.8 billion for climate action and EUR 25.1 billion for environmental sustainability in 2023.
  • EUR 8.4 billion in EIB Global financing in 2023.