Guarantee Fund for External Action and EIB external lending mandate [EU Legislation in Progress]
In response to a sharp increase in the number of people trying to migrate to Europe illegally, and as part of the mid-term review of the European Investment Bank’s external lending mandate (ELM), the Commission has proposed an external investment plan to tackle the root causes of migration from countries neighbouring the European Union, consisting of a European Fund for Sustainable Development (EFSD) and quantitative and qualitative changes to the ELM.
Written by Alina Dobreva with Matthew Parry (2nd edition),updated on 18.9.2018
In response to a sharp increase in the number of people trying to migrate to Europe illegally, and as part of the mid-term review of the European Investment Bank’s external lending mandate (ELM), the Commission proposed an external investment plan to tackle the root causes of migration from countries neighbouring the European Union, consisting of a European Fund for Sustainable Development (EFSD) and quantitative and qualitative changes to the ELM. These changes entailed two legislative proposals. A compromise package was agreed in trilogue between Council and Parliament, and adopted at first reading during the February I 2018 plenary session. Both acts entered into force on 8 April 2018.
Proposal for a regulation of the European Parliament and of the Council amending Regulation (EC, Euratom) No 480/2009 establishing a Guarantee Fund for External Actions; Proposal for a decision of the European Parliament and of the Council amending Decision No 466/2014/EU granting an EU guarantee to the European Investment Bank against losses under financing operations supporting investment projects outside the Union
COM(2016) 582, COM(2016) 583 of 14.9.2016
procedure ref.: 2016/0274(COD), 2016/0275(COD)
Ordinary legislative procedure (COD) (Parliament and Council on equal footing – formerly ‘co-decision’)
Eider Gardiazabal Rubial (S&D, Spain)
Siegfried Mureşan (EPP, Romania)
Gérard Deprez (ALDE, Belgium)
Xabier Benito Ziluaga (GUE/NGL, Spain) and Liadh Ní Riada (GUE/NGL, Ireland)
Heidi Hautala (Greens/EFA, Finland)
Marco Zanni (ENF, Italy)
The central task of the Members Research Service is to ensure that all Members of the European Parliament are provided with analysis of, and research on, policy issues relating to the European Union, in order to assist them in their parliamentary work.
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BEFIT – Business in Europe: Framework for income taxation [EU Legislation in Progress]
Continuation of the Partnership for Research and Innovation in the Mediterranean Area [EU Legislation in Progress]
CO2 emissions of new cars and vans
Youth participation in European elections
Circularity requirements for vehicle design and management of end-of-life vehicles [EU Legislation in Progress]
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