BETA


2006/2269(INI) European Investment Bank (EIB) annual report 2005

Progress: Procedure completed

RoleCommitteeRapporteurShadows
Lead ECON MONTORO ROMERO Cristobal (icon: PPE-DE PPE-DE)
Lead committee dossier:
Legal Basis:
RoP 54

Events

2007/03/21
   EC - Commission response to text adopted in plenary
Documents
2007/02/15
   EP - Debate in Parliament
2007/02/15
   EP - Decision by Parliament
Details

The European Parliament adopted a resolution based on the own-initiative report drafted by Cristobal MONTORO ROMERO (EPP-ED, ES) on the EIB Annual Report for 2005. (Please see the summary dated 24/01/2007 for further information.)

Documents
2007/02/15
   EP - End of procedure in Parliament
2007/01/26
   EP - Committee report tabled for plenary, single reading
Documents
2007/01/26
   EP - Committee report tabled for plenary
Documents
2007/01/24
   EP - Vote in committee
Details

The committee adopted the own-initiative report drawn up by Cristobal MONTORO ROMERO (EPP-ED, ES) on the EIB Annual Report for 2005. Although the committee was, in general, strongly supportive of the Bank’s work, it nevertheless put forward some suggestions for improvement:

- strategy and activities : the EIB was urged to fund projects that are directly relevant to innovation and to give full support to the policy goal of the EU becoming a knowledge-based society. MEPs also wanted the EIB to distribute funds for environmental protection more coherently and to adopt more ambitious financing objectives for renewable energies and for programmes to improve energy efficiency. And they called for greater consistency in the EIB’s external mandate, as regards both the sufficiency of funds for the whole period of the new mandate and their distribution by geographical areas;

- methods of operation : EIB loans must not be a substitute, under more advantageous conditions for the intermediary financial institutions, for loans which in any case would have been granted by the private sector. The committee also recommended that the EIB further increase the possibilities of access to its finance for SMEs;

- transparency and performance : the EIB should explain more clearly its evaluation criteria when selecting proposals for funding and publish information on the investment projects in which it is involved. The committee also wanted the EIB to lay down more clear-cut criteria to govern the ultimate allocation of its global loans. Lastly, MEPs called for a transparent participation mechanism to involve civil society organisations and other interested parties in the formulation of strengthened EIB social standards, and for a new environmental framework "based on clear, binding and enforceable minimum standards".

2006/12/04
   EP - Amendments tabled in committee
Documents
2006/11/29
   EP - Committee referral announced in Parliament
2006/11/13
   EP - Committee draft report
Documents
2006/06/13
   EP - MONTORO ROMERO Cristobal (PPE-DE) appointed as rapporteur in ECON

Documents

Activities

History

(these mark the time of scraping, not the official date of the change)

docs/0/docs/0/url
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events/4
date
2007-02-15T00:00:00
type
Decision by Parliament
body
EP
docs
url: https://www.europarl.europa.eu/doceo/document/TA-6-2007-0053_EN.html title: T6-0053/2007
summary
The European Parliament adopted a resolution based on the own-initiative report drafted by Cristobal MONTORO ROMERO (EPP-ED, ES) on the EIB Annual Report for 2005. (Please see the summary dated 24/01/2007 for further information.)
events/4
date
2007-02-15T00:00:00
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Decision by Parliament, 1st reading/single reading
body
EP
docs
url: http://www.europarl.europa.eu/doceo/document/TA-6-2007-0053_EN.html title: T6-0053/2007
summary
The European Parliament adopted a resolution based on the own-initiative report drafted by Cristobal MONTORO ROMERO (EPP-ED, ES) on the EIB Annual Report for 2005. (Please see the summary dated 24/01/2007 for further information.)
procedure/legal_basis/0
Rules of Procedure EP 54
procedure/legal_basis/0
Rules of Procedure EP 52
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Economic and Monetary Affairs
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ECON
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2006-06-13T00:00:00
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docs/2/docs/0/url
Old
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New
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docs/3/body
EC
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http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2007-11&language=EN
New
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events/3
date
2007-02-15T00:00:00
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docs
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events/4
date
2007-02-15T00:00:00
type
Decision by Parliament, 1st reading/single reading
body
EP
docs
url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2007-53 title: T6-0053/2007
summary
The European Parliament adopted a resolution based on the own-initiative report drafted by Cristobal MONTORO ROMERO (EPP-ED, ES) on the EIB Annual Report for 2005. (Please see the summary dated 24/01/2007 for further information.)
events/4/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2007-53
New
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date
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body
EP
docs
url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2007-53 title: T6-0053/2007
summary
The European Parliament adopted a resolution based on the own-initiative report drafted by Cristobal MONTORO ROMERO (EPP-ED, ES) on the EIB Annual Report for 2005. (Please see the summary dated 24/01/2007 for further information.)
activities
  • date: 2006-11-29T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: True committee: ECON date: 2006-06-13T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: MONTORO ROMERO Cristobal
  • date: 2007-01-24T00:00:00 body: EP committees: body: EP responsible: True committee: ECON date: 2006-06-13T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: MONTORO ROMERO Cristobal type: Vote in committee, 1st reading/single reading
  • date: 2007-01-26T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2007-11&language=EN type: Committee report tabled for plenary, single reading title: A6-0011/2007 body: EP type: Committee report tabled for plenary, single reading
  • date: 2007-02-15T00:00:00 docs: url: http://www.europarl.europa.eu/oeil/popups/sda.do?id=13228&l=en type: Results of vote in Parliament title: Results of vote in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20070215&type=CRE type: Debate in Parliament title: Debate in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2007-53 type: Decision by Parliament, 1st reading/single reading title: T6-0053/2007 body: EP type: Results of vote in Parliament
commission
  • body: EC dg: Economic and Financial Affairs commissioner: ALMUNIA Joaquín
committees/0
type
Responsible Committee
body
EP
associated
False
committee_full
Economic and Monetary Affairs
committee
ECON
date
2006-06-13T00:00:00
rapporteur
name: MONTORO ROMERO Cristobal group: European People's Party (Christian Democrats) and European Democrats abbr: PPE-DE
committees/0
body
EP
responsible
True
committee
ECON
date
2006-06-13T00:00:00
committee_full
Economic and Monetary Affairs
rapporteur
group: PPE-DE name: MONTORO ROMERO Cristobal
docs
  • date: 2006-11-13T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE380.887 title: PE380.887 type: Committee draft report body: EP
  • date: 2006-12-04T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE382.362 title: PE382.362 type: Amendments tabled in committee body: EP
  • date: 2007-01-26T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2007-11&language=EN title: A6-0011/2007 type: Committee report tabled for plenary, single reading body: EP
  • date: 2007-03-21T00:00:00 docs: url: /oeil/spdoc.do?i=13228&j=0&l=en title: SP(2007)1040 type: Commission response to text adopted in plenary
events
  • date: 2006-11-29T00:00:00 type: Committee referral announced in Parliament, 1st reading/single reading body: EP
  • date: 2007-01-24T00:00:00 type: Vote in committee, 1st reading/single reading body: EP summary: The committee adopted the own-initiative report drawn up by Cristobal MONTORO ROMERO (EPP-ED, ES) on the EIB Annual Report for 2005. Although the committee was, in general, strongly supportive of the Bank’s work, it nevertheless put forward some suggestions for improvement: - strategy and activities : the EIB was urged to fund projects that are directly relevant to innovation and to give full support to the policy goal of the EU becoming a knowledge-based society. MEPs also wanted the EIB to distribute funds for environmental protection more coherently and to adopt more ambitious financing objectives for renewable energies and for programmes to improve energy efficiency. And they called for greater consistency in the EIB’s external mandate, as regards both the sufficiency of funds for the whole period of the new mandate and their distribution by geographical areas; - methods of operation : EIB loans must not be a substitute, under more advantageous conditions for the intermediary financial institutions, for loans which in any case would have been granted by the private sector. The committee also recommended that the EIB further increase the possibilities of access to its finance for SMEs; - transparency and performance : the EIB should explain more clearly its evaluation criteria when selecting proposals for funding and publish information on the investment projects in which it is involved. The committee also wanted the EIB to lay down more clear-cut criteria to govern the ultimate allocation of its global loans. Lastly, MEPs called for a transparent participation mechanism to involve civil society organisations and other interested parties in the formulation of strengthened EIB social standards, and for a new environmental framework "based on clear, binding and enforceable minimum standards".
  • date: 2007-01-26T00:00:00 type: Committee report tabled for plenary, single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2007-11&language=EN title: A6-0011/2007
  • date: 2007-02-15T00:00:00 type: Results of vote in Parliament body: EP docs: url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=13228&l=en title: Results of vote in Parliament
  • date: 2007-02-15T00:00:00 type: Debate in Parliament body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20070215&type=CRE title: Debate in Parliament
  • date: 2007-02-15T00:00:00 type: Decision by Parliament, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2007-53 title: T6-0053/2007 summary: The European Parliament adopted a resolution based on the own-initiative report drafted by Cristobal MONTORO ROMERO (EPP-ED, ES) on the EIB Annual Report for 2005. (Please see the summary dated 24/01/2007 for further information.)
  • date: 2007-02-15T00:00:00 type: End of procedure in Parliament body: EP
links
other
  • body: EC dg: url: http://ec.europa.eu/dgs/economy_finance/index_en.htm title: Economic and Financial Affairs commissioner: ALMUNIA Joaquín
procedure/dossier_of_the_committee
Old
ECON/6/38095
New
  • ECON/6/38095
procedure/legal_basis/0
Rules of Procedure EP 52
procedure/legal_basis/0
Rules of Procedure of the European Parliament EP 052
procedure/subject
Old
  • 8.40.07 European Investment Bank
New
8.40.07
European Investment Bank (EIB)
procedure/title
Old
The European Investment Bank EIB Annual Report for 2005
New
European Investment Bank (EIB) annual report 2005
activities
  • date: 2006-11-29T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: True committee: ECON date: 2006-06-13T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: MONTORO ROMERO Cristobal
  • date: 2007-01-24T00:00:00 body: EP committees: body: EP responsible: True committee: ECON date: 2006-06-13T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: MONTORO ROMERO Cristobal type: Vote in committee, 1st reading/single reading
  • date: 2007-01-26T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2007-11&language=EN type: Committee report tabled for plenary, single reading title: A6-0011/2007 body: EP type: Committee report tabled for plenary, single reading
  • date: 2007-02-15T00:00:00 docs: url: http://www.europarl.europa.eu/oeil/popups/sda.do?id=13228&l=en type: Results of vote in Parliament title: Results of vote in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20070215&type=CRE type: Debate in Parliament title: Debate in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2007-53 type: Decision by Parliament, 1st reading/single reading title: T6-0053/2007 body: EP type: Results of vote in Parliament
committees
  • body: EP responsible: True committee: ECON date: 2006-06-13T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: MONTORO ROMERO Cristobal
links
other
  • body: EC dg: url: http://ec.europa.eu/dgs/economy_finance/index_en.htm title: Economic and Financial Affairs commissioner: ALMUNIA Joaquín
procedure
dossier_of_the_committee
ECON/6/38095
reference
2006/2269(INI)
title
The European Investment Bank EIB Annual Report for 2005
legal_basis
Rules of Procedure of the European Parliament EP 052
stage_reached
Procedure completed
subtype
Annual report
type
INI - Own-initiative procedure
subject
8.40.07 European Investment Bank