Capital increase of the European Investment Fund (EIF)

The Committee on Budgets adopted the report by Eider GARDIAZÁBAL RUBIAL (S&D, ES) on the proposal for a decision of the European Parliament and of the Council on the participation of the European Union in the capital increase of the European Investment Fund (EIF).

The parliamentary committee recommended that the position adopted by the European Parliament at first reading under the ordinary legislative procedure should amend the proposal so as to provide that the Commission monitor how the objective of the Decision has been achieved and present two reports to the European Parliament and to the Council: an interim report by 31 December 2016 and a final report by 31 December 2018.