2025/2072(INI) Own-initiative report First reading

Access to finance for SMEs and scale-ups

Parliament sets out its own position on a topic. The resolution is not binding but signals what Parliament wants.

Where it stands: Parliament adopted the text on 26 November 2025. This is its final position on the matter.

  1. Referred to committee 3 April 2025
  2. Committee work Report adopted 24 September 2025
  3. Tabled for plenary 2 October 2025
  4. Plenary vote Adopted 26 November 2025
  5. Parliament’s position Final
How a file moves through Parliament

A file is referred to one lead committee (others may give an opinion). Its rapporteur writes a draft report, committee members table amendments, and the committee votes to adopt the report. The report is then tabled for all MEPs; political groups can table further amendments, which are voted on before the final vote in plenary. The adopted resolution is Parliament’s final position; it is not itself law.

Who is working on it

Lead committee
ECON — Economic and Monetary Affairs
Rapporteur
Jorge MARTÍN FRÍAS PfE
Shadow rapporteurs
Herbert DORFMANN PPETsvetelina PENKOVA S&DMarlena MALĄG ECRAnouk VAN BRUG RenewDamian BOESELAGER Verts/ALEGaetano PEDULLA' The Left

The rapporteur drafts and negotiates the text for the lead committee; each other political group names a shadow rapporteur to follow the file.

The text, version by version

Latest Tabled for plenary → Adopted by Parliament: The versions differ only in formal points: decimal separators are updated from points to commas. see the changes →

Committee draft → Tabled for plenary: Adds extensive new content on regulatory burdens, bank lending, and the need for simplification, including calls to review Green Deal obligations. Expands measures to mobilise private capital, including retail investment, pension funds, and venture capital, with new calls on EuVECA and tax incentives. Strengthens the focus on scale-up financing gaps and the role of the EIB Group, co-investment platforms, and the TechEU Platform. Adds clarifications on the 28th regime, guidance tools, and the balance between national and internal markets. The other changes are formal or wording: renumbering and minor rephrasing. see the changes →

Newest version first. Open a version to read it in full. “What changed” shows the differences paragraph by paragraph; ✦ lines are AI-written from the texts themselves.

Timeline

  1. Plenary stage
  2. Adopted Adopted by a clear majority
    For 360 Against 298 Abstained 8

    Final vote — text as a whole at 12:41 · 54% of votes cast in favour · every MEP’s position →

    How the vote unfolded · 2 ballots

    adopted rejected lapsed square = amendment circle = part of the text decisive vote Solid = roll call (click for every MEP’s vote); faded = no individual positions

    Show all 2 ballots in voting order
  3. 19 November 2025 1 amendments tabled for the plenary vote

    Groups propose changes to the tabled text; each is voted on before the final vote.

  4. 2 October 2025 Report tabled for plenary

    This is the text all MEPs vote on. Political groups can still table amendments to it.

  5. Committee stage
  6. 24 September 2025 Committee vote: report adopted

    ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.

  7. 13 June 2025 Amendments tabled in committee

    Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.

  8. 13 May 2025 Draft report published

    The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.

  9. 3 April 2025 Referred to the ECON (Economic and Monetary Affairs) committee

    The lead committee prepares Parliament’s report.