Summary
The proposal aims to amend the Statute of the European Investment Bank to reflect increased subscribed capital from Poland and Romania following the departure of the United Kingdom. 10 24.07.2019
Other
finance
european union
public finance and budget policy
Key points
- The proposal seeks to amend the governing rules of the European Investment Bank.
- The amendment incorporates increased capital contributions from Poland and Romania into the bank's official records.
- The changes are intended to address the financial impact of the United Kingdom leaving the European Union.
- There is a warning that these new contributions only partially offset the capital loss from Brexit, potentially leaving a funding gap.
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