Sunday, July 12, 2026

Alexander Jungbluth, July 6, 2026, European Investment Bank

EU Parliament, Strasbourg, 
P10 CRE-REV(2026)07-06(1-0106-0000).

Frau President.

The report makes clear the growing role of the European Investment 
Bank within the European Union. With a balance of around 600 
billion euros and a record volume of 100 billion euros in financings, 
the EIB has become one of the most influential of Europe's financial 
institutions. This expanded role nevertheless needs to remain anchored 
in AEUV Article 309.

The EIB was created as an investment bank, and not as a replacement 
for a political decision process. Its strength lies in the financing of the 
European economy, not in the expansion of its mandate. 
True economic sovereignty begins with a strong productive economy; 
the investment priorities thus pose a question: While 53.5 billion euros 
are foreseen for climate goals, agriculture and bio-economy receive 
merely 6.2 billion euros.

Beyond that, ten percent of the EIB financing flows outside of the 
EU. Europe should nevertheless not afford itself this capital outflow. 
The EIB should undertake exclusively investments in our national 
economies, strengthen our member states, and promote industry, 
innovation and competitiveness.

The EIB should ultimately be measured by one, simple standard: 
Whether it helps strengthen Europe's productive economy and 
the interests of its member states. 


[trans: tem]