Activities of Angelika WINZIG related to 2022/2153(INI)
Plenary speeches (2)
Control of the financial activities of the European Investment Bank - annual report 2021 (debate)
Control of the financial activities of the European Investment Bank - annual report 2021 (debate)
Reports (1)
REPORT on the control of the financial activities of the European Investment Bank – Annual Report 2021
Amendments (20)
Amendment 11 #
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3 a. Points out that, as in previous years, the biggest share was allocated in Italy, France and Spain (16%, 14% and 12% of the total signatures respectively) and that, as in previous years, the transport, global loans and energy sectors received the largest shares (30.2%, 18.5% and 14.8% respectively);
Amendment 12 #
Motion for a resolution
Paragraph 3 b (new)
Paragraph 3 b (new)
3 b. Remarks that the total disbursements reached EUR 41.4 billion in 2021 of which EUR 40.4 billion under the Bank’s own resources (in 2020, disbursements amounted to EUR 58.3 billion of which EUR 56.8 billion under the Bank’s own resources);
Amendment 13 #
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5 a. Notes that in 2021 the EIB was the largest multilateral development bank issuer of green and sustainability use-of- proceeds bonds, reaffirming its role as leader in the global green and sustainability bond markets, with a new record of EUR 11.5 billion (EUR 10.5 billion equivalent issuance in sustainability debt products in 2020) in Climate and Sustainability Awareness Bonds, increasing the sustainability funding share in its total funding to 21% from 15% in 2020 (Climate Awareness Bonds and Sustainability Awareness Bonds - CABs and SABs);
Amendment 14 #
Motion for a resolution
Paragraph 5 b (new)
Paragraph 5 b (new)
5 b. Appreciates the “Evaluation of the EIB’s Climate Awareness Bonds” report adopted in March 2021 by the EIB’s Board of Directors; Understands that the Climate and Sustainability Awareness Bonds (CABs and SABs) will be gradually aligned with the provisions of the upcoming EU Green Bond Standard (EU GBS);
Amendment 15 #
Motion for a resolution
Paragraph 5 c (new)
Paragraph 5 c (new)
5 c. Is aware that the EIB raises long term funds through bond issuance on the international capital markets to meet its lending needs; notes that, during 2021 the EIB raised the EUR equivalent of EUR 55.3 billion in 21 currencies;
Amendment 16 #
Motion for a resolution
Paragraph 5 d (new)
Paragraph 5 d (new)
5 d. Takes note that the EIB generates income by financing large volumes of loans at low margin, and that at 31 December 2021 it reported the net profit of EUR 2.5 billion, increased in comparison to EUR 1.7 billion and EUR 2.4 billion in 2020 and 2019;
Amendment 17 #
Motion for a resolution
Paragraph 5 e (new)
Paragraph 5 e (new)
Amendment 18 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Notes that the overall loan portfolio continued to perform well, with only 0.3 % impaired loans at the end of 2021 (compared with 0.4 % at the end of both 2020 and 2019); observes that the portion of payments overdue by more than 90 days remains very low, totalling EUR 116.3 million at the end of 2021 (compared with EUR 117.1 million and EUR 146.0 million at the end, respectively, of 2020 and 2019) and as in previous years representing only 0.03% of the risk portfolio;
Amendment 22 #
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17 a. Condemns the Russian Federation’s illegal, unprovoked and unjustified military aggression and invasion of Ukraine; underlines the fact that the war has created a severe humanitarian crisis and has had a fundamental impact on the economic and security situation in the EU and its neighbourhood, which needs to be broadly reflected in the EIB’s activities and investment plans;
Amendment 30 #
Motion for a resolution
Paragraph 21 a (new)
Paragraph 21 a (new)
21 a. Reiterates its call on the EIB to increase investments in breakthrough innovations to facilitate the digital and green transition;
Amendment 36 #
Motion for a resolution
Paragraph 23 a (new)
Paragraph 23 a (new)
Amendment 43 #
Motion for a resolution
Paragraph 26 a (new)
Paragraph 26 a (new)
26 a. Believes that EIB Global should enjoy the operational autonomy needed to successfully implement the EU policies embracing the appropriate corporate culture of a development bank, but in the meantime benefit of the Bank’s legal framework and share the same policies and high standards;
Amendment 49 #
Motion for a resolution
Paragraph 31 a (new)
Paragraph 31 a (new)
31 a. Is aware that the Inspectorate General’s Investigations Division (IG/IN) is an internal function launching enquiries into the misconducts defined by the Anti-Fraud Policy in order to provide the EIB Group with relevant facts and recommendations to form the basis of the EIB decision-making process;
Amendment 50 #
Motion for a resolution
Paragraph 31 b (new)
Paragraph 31 b (new)
31 b. Notes that the challenges posed by the COVID-19 pandemic had an impact, for the second year in a row, on the activities performed by the competent division of the Inspectorate General in carrying out its activities, resulting in fewer allegations received (174 in 2021 and 183 in 2020), less investigative missions executed (5 in 2021 and 10 in 2020) and less recommendations and opinions issued (45 in 2021 and 52 in 2020 against a bigger number of cases completed, that were 204 in 2021 and 195 in 2020);
Amendment 54 #
Motion for a resolution
Paragraph 40 a (new)
Paragraph 40 a (new)
40 a. Recognises that human rights, inclusiveness and sustainability are fundamental pillars of the EIB Group’s activities and operations; welcomes the progress in year 2021 of the revision and adoption processes (finalised in February 2022) of the Environmental and Social Sustainability Framework; is aware that the new framework consists of the revised EIB Group Environmental and Social Policy and the EIB’s Environmental and Social Standards and that lessons learned through complaints lodged with the Complaints Mechanism and the European Ombudsman are duly fed into this review;
Amendment 61 #
Motion for a resolution
Paragraph 44 a (new)
Paragraph 44 a (new)
44 a. Is aware that the calls for enhanced transparency cannot lead to reduced protection of legitimate financial interests of clients and need to be within the borders of the existing legal frameworks and the data protection regime;
Amendment 62 #
Motion for a resolution
Paragraph 44 b (new)
Paragraph 44 b (new)
44 b. Invites the representatives of the bank to increase the level of engagement and interaction with the European Parliament, especially regarding the control of the financial activities;
Amendment 65 #
Motion for a resolution
Paragraph 47 a (new)
Paragraph 47 a (new)
47 a. Welcomes that the EIB is constantly monitoring the geographical balance and the data is taken into consideration for ongoing and future recruitment processes;
Amendment 66 #
48 a. Notes the two proposals for a Framework on the Right to Strike and a Framework on the Recognition of Trade Unions and understands that the timely adoption by the Management Committee will follow;
Amendment 67 #
Motion for a resolution
Paragraph 48 b (new)
Paragraph 48 b (new)
48 b. Invites the bank to further report on the implementing measures that have been rolled out on the basis of the 2021 health and well-being survey;