Financial activities of the European Investment Bank Group – annual report 2025

Wording as published by the EP, in English.

1. Amendment 1Adopted

   Paragraph 25 a (new)

   Tabled by Anouk Van Brug · Renew

   Added: 25a. Calls on the Member States to amend the EIB’s exclusion list in order to enable the financing of weapons and ammunition beyond mere dual-use technologies, thereby contributing to the development of the European defence industry;

2. Amendment 3Rejected

   Paragraph -1 (new)

   Tabled by João Oliveira · The Left

   Added: -1. Takes the view that the European Investment Bank’s primary objectives should be the promotion of economic, social and territorial cohesion, and that its funding should be directed, as a matter of priority, towards public investment and projects that meet the needs of the people and the development priorities laid down by each Member State, including support for the productive economy, micro, small and medium-sized enterprises, the promotion of full employment and the creation of jobs with rights, the strengthening and modernisation of public services – particularly in the health, education and transport sectors – support for and promotion of social facilities such as creches, care homes and support infrastructure for people with disabilities, public housing, as well as the promotion of Member States’ energy sovereignty; takes the view, to that end, that the EIB’s activities must not be subordinated to the logic of so-called ‘competitiveness’ and the transfer and concentration of resources towards economic conglomerates, nor must they be diverted towards the financing of militarisation;

3. Amendment 3Rejected

   Paragraph -1 (new)

   Tabled by João Oliveira · The Left

   Added: -1. Takes the view that the European Investment Bank’s primary objectives should be the promotion of economic, social and territorial cohesion, and that its funding should be directed, as a matter of priority, towards public investment and projects that meet the needs of the people and the development priorities laid down by each Member State, including support for the productive economy, micro, small and medium-sized enterprises, the promotion of full employment and the creation of jobs with rights, the strengthening and modernisation of public services – particularly in the health, education and transport sectors – support for and promotion of social facilities such as creches, care homes and support infrastructure for people with disabilities, public housing, as well as the promotion of Member States’ energy sovereignty; takes the view, to that end, that the EIB’s activities must not be subordinated to the logic of so-called ‘competitiveness’ and the transfer and concentration of resources towards economic conglomerates, nor must they be diverted towards the financing of militarisation;

4. Amendment 4Rejected

   Paragraph 8

   Tabled by João Oliveira · The Left

   8. Calls Added: on the Commission to urgently present, by 31 August 2028, a proposal to extend the Recovery and Resilience Facility (RRF) implementation period so the full amount of its funding can be used; calls on the EIB to play an active role in supporting the continuity and completion of projects Removed: initiated under the Recovery and Resilience Facility (RRF), safeguarding the objectives beyond the cut-off date; Added: beyond the new cut-off date should it prove necessary after the extension; underlines that EIB financing and technical assistance can provide Removed: a critical Added: an additional bridge to ensure that RRF-funded projects deliver their intended economic and social …

5. Amendment 5Rejected

   Paragraph 19 a (new)

   Tabled by João Oliveira, Marc Botenga · The Left

   Added: 19a. Rules out the use of EIB resources for the funding and promotion of militarisation; takes the view that these resources should be put towards meeting the economic and social needs of the people, in particular addressing the rising cost of living and helping uphold the right to decent, sustainable and affordable housing for all;

6. Amendment 6Adopted

   Paragraph 12

   Tabled by Bogdan Rzońca, Ruggero Razza, Dick Erixon · ECR

   … have a clear potential to enhance market competitiveness and European strategic autonomy; Added: calls on the EIB to apply technology-neutral evaluation criteria, such as life-cycle carbon intensity and grid stability, when financing low-carbon energy projects, including nuclear energy, while fully respecting the sovereign right of each Member State to determine its own energy mix;

7. Amendment 7Rejected

   Paragraph 13 a (new)

   Tabled by Bogdan Rzońca, Ruggero Razza, Dick Erixon · ECR

   Added: 13a. Is concerned that the EIB’s signed financing commitments to Northvolt AB, totalling around EUR 942.6 million, of which around EUR 288 million (USD 313 million) was still outstanding at the time of its bankruptcy filing in Sweden on 12 March 2025, together with the risks observed in comparable large-scale ventures, point to weaknesses in the appraisal of projects that scale up unproven technologies; calls on the EIB to disclose the lessons learnt, to strengthen its due diligence for such projects, and to evaluate and report systematically on late payments and beneficiary insolvencies across its portfolio, as a matter of sound financial management and value for money for taxpayers; stresses that the presence of other publicly-backed or EU-supported investors in a project must not be treated as a substitute for the EIB’s own independent due diligence and risk assessment;

8. Amendment 8Adopted

   Paragraph 15

   Tabled by Bogdan Rzońca, Ruggero Razza, Dick Erixon · ECR

   … ensure the effective use of resources and the crowding-in of private investment; Added: expresses concern that disproportionate environmental, social and governance reporting requirements imposed on beneficiaries deter economically viable projects and place European businesses at a competitive disadvantage, and calls on the EIB to review these requirements to ensure proportionality;

9. Amendment 9Rejected

   Paragraph 21

   Tabled by Bogdan Rzońca, Ruggero Razza, Dick Erixon · ECR

   … industry, as stated in the European Council conclusions of 6 March 2025; Added: calls on the EIB to remove the remaining restrictions on defence and security financing so that all project types are eligible, and to eliminate administrative barriers that impede investment in defence and external border protection;

10. Amendment 10Adopted

    Paragraph 25 a (new)

    Tabled by Bogdan Rzońca, Ruggero Razza, Dick Erixon · ECR

    Added: 25a. Stresses that the EIB’s lending in non-EU countries should reinforce the EU’s external priorities; calls on the EIB to include effective cooperation by partner countries on migration management, including the readmission and return of migrants who have no legal right to stay in the EU, as a relevant criterion within its external lending framework for non-EU countries;

11. Amendment 11Rejected

    Paragraph 5 a (new)

    Tabled by Sarah Knafo, Marcin Sypniewski, Stanisław Tyszka +1 · ESN

    Added: 5a. Stresses that the EIB must operate strictly as a complementary instrument of last resort, intervening only where genuine market failures exist and where private capital cannot be mobilised on its own; warns against any expansion of the EIB’s mandate or financing volumes that would crowd out private investment or be a substitute for Member States’ own investment decisions;

12. Amendment 12Rejected

    Paragraph 6 a (new)

    Tabled by Sarah Knafo, Marcin Sypniewski, Stanisław Tyszka +1 · ESN

    Added: 6a. Warns against the use of the EIB and EIB-backed instruments as a mechanism for de facto budgetary mutualisation or for financing EU own resources outside the normal budgetary procedure; stresses that any reinforcement of the EIB’s role under the next multiannual financial framework must be subject to full parliamentary scrutiny;

13. Amendment 13Rejected

    Paragraph 21 a (new)

    Tabled by Sarah Knafo, Marcin Sypniewski, Stanisław Tyszka +1 · ESN

    Added: 21a. Stresses that EIB financing in the defence and security sector must fully respect Member States’ sovereignty over their defence procurement decisions and national defence industrial strategies; considers that EIB support for defence must prioritise the reinforcement of European industrial sovereignty, the reduction of strategic dependencies and the strengthening of national defence industrial bases;