Control of the financial activities of the European Investment Bank – Annual report 2018

06-07-2020

During its July plenary session, the European Parliament is set to discuss the Committee on Budgetary Control’s report on the control of the European Investment Bank's financial activities for 2018. Among other things, the report highlights the role of the Bank in financing the European Green Deal, the Just Transition Fund, and its future shift towards becoming 'the EU Climate Bank'. The report also stresses the need for more effectiveness and synergies when it comes to the European Fund for Strategic Investments, and highlights the need for more transparency and accountability of all the Bank's operations, stronger external scrutiny and reinforced mechanisms to fight fraud and corruption.

During its July plenary session, the European Parliament is set to discuss the Committee on Budgetary Control’s report on the control of the European Investment Bank's financial activities for 2018. Among other things, the report highlights the role of the Bank in financing the European Green Deal, the Just Transition Fund, and its future shift towards becoming 'the EU Climate Bank'. The report also stresses the need for more effectiveness and synergies when it comes to the European Fund for Strategic Investments, and highlights the need for more transparency and accountability of all the Bank's operations, stronger external scrutiny and reinforced mechanisms to fight fraud and corruption.