Policy Study

25/01/2022

Policy Sudy by FEPS Young Academic Network (FEPS YAN)

The European Investment Bank (EIB) is the EU’s multilateral development bank. In this FEPS YAN policy study, the authors suggest four reforms that would help progressive policymakers to utilize unlock the EIB’s potential to play a greater role in the EU economy and its transition to a more resilient, climate-neutral, and progressive economy.

First, the authors suggest the EIB adopts more comprehensive lending targets based on social and environmental criteria. Second, they highlight the need for a stronger focus on equity-like instruments rather than debt instruments, especially in the ongoing response to the Covid-19 crisis. Third, they propose to strengthen the EIB’s accountability towards the European Parliament to ensure a legitimate political direction and democratic control of its activities. Fourth, they propose to convert the EIB’s retained profits into paid-in capital, unlocking up to €110 billion of additional lending capacity. To simultaneously accomplish increased democratic accountability, the authors suggest converting the EIB’s retained profits into EU capital and thus making the EU an EIB shareholder.

Read the Policy Study

Find all related publications
Publications
24/01/2024

Progressive Yearbook 2024

Looking back to look ahead
22/11/2023

The macro-economic impact of the cost crisis

Lessons for Europe
18/10/2023

Beyond humanitarian aid: the EU’s approach to alleviating food crisis in the Sahel at a time of global insecurity

'12 years of crises in the Sahel' series
18/09/2023

Making trade work for prosperity, people and planet

FEPS Primers series - Arancha González and Yanis Bourgeois
Find all related Progressive Post
Progressive Post
08/02/2024

A just transition in crisis mode

06/02/2024

Food prices are high. Why are farmers angry?

01/02/2024

Progressive industrial policy: an antidote for troubled times

Find all related events
Events
Upcoming
07/03/2024
FEPS HQ

Reinforcing European cohesion

New goals and tools to share prosperity in Europe
Past
16/02/2024
Sofia, Bulgaria

The cost of personal transition

Forum for Progressive left solutions
30/01/2024
FEPS HQ (Expert meeting)

Progressive Economics Network

Towards a progressive toolbox to deal with inflation
Find all related news
News
24/01/2024

Spanish Minister Teresa Ribera awarded FEPS ‘Progressive Person of the Year’

18/01/2024

FEPS President at Euronews talk-show ‘Brussels, my love?’

29/11/2023

Economic Democracy

FEPS launches an initiative on Economic Democracy
09/10/2023

Tax the rich

A European Citizens' Initiative
Find all related in the media
In the media

Teresa Ribera, premiada por su labor en política internacional

by El Plural 26/01/2024
Teresa Ribera has been recognized by FEPS with the 'Progressive Person of the Year' award during the launch of the 'Progressive Yearbook.' Article by El Plural

Teresa Ribera, premio ‘Pregressive person of the year’ por su labor en política internacional

by Europa Press 26/01/2024
Teresa Ribera has been recognized by FEPS with the 'Progressive Person of the Year' award during the launch of the 'Progressive Yearbook.' Article by Europa Press

FEPS President at Euronews talk-show ‘Brussels, my love?’

by Euronews 15/01/2024
Panellists discussed topics including EU fiscal rules reform, German farmer's protests, and the decision of Charles Michel to quit his job early to run for MEP.

Total honesty and far-right lies

by IPS Journal 04/12/2023
Dive into the insightful analysis published in IPS Journal by Tom Theuns, Assist. Prof at Leiden University, and László Andor, FEPS Secretary General, examining the Dutch election results and the conclusions that need to be drawn for a successful EU Integration