REPORT on the proposal for a Council decision amending the Statute of the European Investment Bank

8.4.2019 - (07651/2019 – C8‑0149/2019 – 2019/0804(CNS)) - *

Committee on Constitutional Affairs
Rapporteur: Danuta Maria Hübner
(Simplified procedure – Rule 50(1) of the Rules of Procedure)

DRAFT EUROPEAN PARLIAMENT LEGISLATIVE RESOLUTION

on the proposal for a Council decision amending the Statute of the European Investment Bank

(07651/2019 – C8‑0149/2019 – 2019/0804(CNS))

(Special legislative procedure – consultation)

The European Parliament,

–  having regard to the proposal of the European Investment Bank to the Council to amend the Statute of the European Investment Bank (07651/2019),

–  having regard to Article 308 of the Treaty on the Functioning of the European Union, pursuant to which the Council consulted Parliament (C8‑0149/2019),

–  having regard to Rule 78c of its Rules of Procedure,

–  having regard to the report of the Committee on Constitutional Affairs and the opinion of the Committee on Budgets (A8-0189/2019),

1.  Approves the proposal;

2.  Calls on the Council to notify Parliament if it intends to depart from the text approved by Parliament;

3.  Asks the Council to consult Parliament again if it intends to substantially amend the text approved by Parliament;

4.  Instructs its President to forward its position to the Council, the Commission, the European Investment Bank and the national parliaments.

OPINION OF THE Committee on Budgets (2.4.2019)

for the Committee on Constitutional Affairs

on the draft Council decision amending the Statute of the European Investment Bank - Request to launch the Article 308 procedure
(07651/2019 – C8‑0149/2019 – 2019/0804(CNS))

Rapporteur for opinion: Eider Gardiazabal Rubial(Simplified procedure – Rule 50(1) and (3) of the Rules of Procedure)

SHORT JUSTIFICATION

On 11 March 2019, the EIB submitted to the Council a request to amend Article 4 (Paragraph 1) and Article 9 (Paragraph 2) of its Statute.

This follows the procedure laid down in Article 308 TFEU according to which “The Council acting unanimously in accordance with a special legislative procedure, at the request of the European Investment Bank and after consulting the European Parliament and the Commission [....] may amend the Statute of the Bank.”

The aim of the targeted amendments proposed by the EIB is to adapt the Statute of the Bank to reflect an increase in the EIB’s subscribed capital by Poland and Romania.

The Committee on Budgets notes that this capital increase compensates only marginally the reduction in the capital of the EIB due to the departure of the United Kingdom. The Committee on Budgets underlines that to preserve the EIB’s ability to achieve its policy objectives, the aforementioned capital shortfall should be fully compensated.

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The Committee on Budgets calls on the Committee on Constitutional Affairs, as the committee responsible, to propose approval of the Council draft.

PROCEDURE – COMMITTEE ASKED FOR OPINION

Title	Proposal for a Amendment of the EIB’s Statute - Request to launch the Article 308 procedure
References	07651/2019 – C8-0149/2019 – 2019/0804(CNS)
Committee responsible        Date announced in plenary	AFCO 28.3.2019
Opinion by        Date announced in plenary	BUDG 28.3.2019
Rapporteur        Date appointed	Eider Gardiazabal Rubial 1.4.2019
Simplified procedure - date of decision	2.4.2019
Date adopted	2.4.2019

PROCEDURE – COMMITTEE RESPONSIBLE

Title	Proposal for a Amendment of the EIB’s Statute - Request to launch the Article 308 procedure
References	07651/2019 – C8-0149/2019 – 2019/0804(CNS)
Date of consulting Parliament	26.3.2019
Committee responsible        Date announced in plenary	AFCO 28.3.2019
Committees asked for opinions        Date announced in plenary	BUDG 28.3.2019	ECON 28.3.2019
Not delivering opinions        Date of decision	ECON 2.4.2019
Rapporteurs        Date appointed	Danuta Maria Hübner 2.4.2019
Simplified procedure - date of decision	2.4.2019
Date adopted	2.4.2019
Date tabled	8.4.2019