Authorising the Commission to vote in favour of the capital increase of the European Investment Fund ***I
TA-9-2020-0346 · P9_TA(2020)0346 · PE661.865
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 adopted its first-reading position on a decision authorising the Commission to vote in favour of an increase in the authorised capital of the European Investment Fund. Parliament and Council reached an agreement, so Parliament's position corresponds to the final act, Decision (EU) 2021/8.¶¶¶ Parliament calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal.¶
Key points
- Parliament adopts its position at first reading on the proposal for a decision authorising the Commission to vote in favour of the capital increase of the European Investment Fund.¶
- Parliament calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal.¶
- Parliament's position corresponds to the final legislative act, Decision (EU) 2021/8, as an agreement was reached between Parliament and Council.¶
Who is affected
- The Commission, which is authorised to vote in favour of the capital increase of the European Investment Fund.¶
- The European Investment Fund, whose authorised capital is to be increased.
Legal basis: Article 294(2) and Article 173(3) of the Treaty on the Functioning of the European Union.¶