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.
En Europe, le marché unique fête ses 30 ans, entre satisfaction et désillusion
by Le Monde 01/02/2023
'In Europe, the single market celebrates its 30th anniversary, between satisfaction and disillusionment' Le Monde article with an intervention by László Andor, FEPS Secretary General
Personalidades de Portugal e Brasil defendem parceria estratégica para o clima entre UE e Brasil
by Visão 12/01/2023
'Personalities from Portugal and Brazil defend EU-Brazil strategic partnership on climate' Visão's article about the manifesto signed by 50 personalities from Portugal and Brazil, including FEPS President Maria João Rodrigues, in support of Lula’s environmental policy
UE e Mercosul: manifesto quer tornar o “clima estável” um bem da humanidade com força legal
by Público 12/01/2023
Público's article about the manifesto signed by 50 personalities from Portugal and Brazil, including FEPS President Maria João Rodrigues, in support of Lula’s environmental policy
Luso-Brazilian manifesto wants to give international impetus to Lula’s environmental policy
by News Bulletin 09/01/2023
Manifesto signed by 50 personalities from Portugal and Brazil, including FEPS President Maria João Rodrigues, in support of Lula’s environmental policy
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