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Feed/INI2024/2053(INI)Institutional

EIB financial activities: annual report 2024

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 13mo ago
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This resolution reviews the European Investment Bank's (EIB) financial activities in 2024, highlighting its role in supporting EU policies and investments. It acknowledges the EIB's significant balance sheet and record investment levels, while emphasizing its crucial function in bridging Europe's investment gap and fostering competitiveness.

The EIB Group, comprising the EIB and the European Investment Fund (EIF), affects various sectors and entities. This includes small and medium-sized enterprises (SMEs), the defence industry, climate and environmental projects, housing, and digital innovation. The EIB also plays a role in investments outside the EU through its EIB Global arm.

Key changes and obligations include increased investment targets for 2025, a raised gearing ratio to boost lending capacity, and a strengthened focus on security and defence investments. The EIB is also urged to simplify procedures, reduce administrative burdens, and enhance transparency and accountability in its operations.

The resolution calls for continued efforts to complete the Capital Markets Union and Banking Union to further support EIB operations. It also emphasizes the need to maintain the EIB's 'triple A' credit rating, which is vital for its lending capacity and investor confidence.