Activities of Corina CREȚU related to 2022/2153(INI)
Plenary speeches (1)
Control of the financial activities of the European Investment Bank - annual report 2021 (debate)
Shadow reports (1)
REPORT on the control of the financial activities of the European Investment Bank – Annual Report 2021
Amendments (12)
Amendment 1 #
Motion for a resolution
Citation 21
Citation 21
— having regard to the EIB Group Transparency Policy, published on 18 November 2021, and to its whistleblowing policy, published on 24 November 2021,
Amendment 2 #
Motion for a resolution
Citation 21 a (new)
Citation 21 a (new)
— having regard to the new EIB Cohesion Orientation 2021-2027, published on 13 October 2021,
Amendment 3 #
Motion for a resolution
Recital A
Recital A
A. whereas the EIB Group consists of the EIB and the EIF, is the biggest multilateral financial institution in the world and one of the largest providers of climate finance; whereas the EIB focus on the following priority areas: climate and environment, development, innovation and skills, small and medium-sized businesses, infrastructure and cohesion, European Investment Fund (EIF) supports small and medium-sized enterprises with financing with financing for entrepreneurship, growth, innovation, research and development employment and regional development;
Amendment 6 #
C. whereas sustainability and support for cohesion are at the heart of the EIB’s activity – sustainability is required to be integrated into any lending, borrowing and advisory activities because the EIB’s remit is to foster sustainable growth within the European Union and abroad, and support for cohesion is enshrined in its Statute; whereas tackling unemployment, poverty and social exclusion should be the core focus and targets of the EIB investments aiming to contribute to the balanced and steady development of the internal market;
Amendment 8 #
Motion for a resolution
Recital D a (new)
Recital D a (new)
D a. whereas the Guarantee Agreement with the EIB Group (EIB and EIF) under InvestEU was negotiated in 2021 and at the beginning of 2022, and was signed on 7 March 2022;
Amendment 9 #
Motion for a resolution
Recital D b (new)
Recital D b (new)
D b. whereas EU Member States may entrust to the EIB the implementation of financial instruments used by them to invest RRF funds into eligible projects; whereas the EIB may offer further financing and dedicated advisory support to the Member States for investing their RRF funds;
Amendment 24 #
Motion for a resolution
Paragraph 18 a (new)
Paragraph 18 a (new)
18 a. Asks EIB to respect the EU priorities supported by the InvestEU and to ensure strong protection of the EU financial interests; expects EIB to report to Parliament about its activities and investments related to InvestEU programme in 2022;
Amendment 40 #
Motion for a resolution
Paragraph 25 a (new)
Paragraph 25 a (new)
Amendment 47 #
Motion for a resolution
Paragraph 27 a (new)
Paragraph 27 a (new)
27 a. Takes note of the EIB Audit Committee observations and recommendations to the Bank for 2021; calls on EIB to implement these recommendations and to complete the implementation of those pending from the previous years;
Amendment 52 #
Motion for a resolution
Paragraph 37
Paragraph 37
37. WelcomesTakes note of the updated codes of conduct of the Management Committee and the EIB Board of Directors of August 2021; welcomes the introduction of a longer cooling-off period for members of the Management Committee (24 months instead of 12) and for members of the Board of Directors (12 months instead of 6); regrets, however, that there is no provision excluding vice-presidents from overseeing and taking decisions on operations in their countries of origin;
Amendment 53 #
Motion for a resolution
Paragraph 38
Paragraph 38
38. Trusts that project assessments relevant to grant financing decisions are drawn up in compliance with objective technical, financial and economic indicators, and that project quality is the decisive factor in them; believes that the ‘governance package’ adopted by the Board of Governors in August 2021 and which includes new codes of conduct for the Board of Directors, the Management Committee and the Audit Committee, together with the revised Operating Rules of the Ethics and Compliance Committee, strengthens the EIB’s ethical framework, as it includes more stringent rules on conflict of interest and post-employment activitiepost- employment activities; reitirates its call for addressing in the next revision of the Management Commitee's code of conduct the remaining shortcomings regarding avoidance of conflict of interests;
Amendment 57 #
Motion for a resolution
Paragraph 43 a (new)
Paragraph 43 a (new)
43 a. Invites EIB to better implement its transparency policy and to implement the Ombudsman recommendations from the three decisions published on 21 April 2022 calling on the EIB to adopt a more ambitious approach to its disclosure practice in line with EU transparency legislation and to take several transparency steps to enable the public to more easily see the potential environmental impact of the projects financed by the Bank;