Changes between two versions
What changed between the plenary report and the adopted text
From · plenary report· 26 Jun 2025
on the proposal for a regulation of the European Parliament and of the Council amending Regulations (EU) 2015/1017, (EU) 2021/523, (EU) 2021/695 and (EU) 2021/1153 as regards increasing the efficiency of the EU guarantee under Regulation (EU) 2021/523 and simplifying reporting requirements
To · adopted text· 26 Nov 2025
Increasing the efficiency of the EU guarantee under the InvestEU Regulation and simplifying reporting requirements
These two texts have too little in common to compare paragraph by paragraph: they are different documents rather than versions of one (for example one group’s motion and the joint text that was adopted).
+8 added · −247 removed · 2 changed paragraphs, packaging included.
Part 5 of 5: Paragraphs 241–270
Removed:(24) In Annex V, the following paragraph is added:
Removed:‘This Annex also applies to the InvestEU financial instrument.’
Removed:Amendments to Regulation 2015/1017 [EFSI Regulation]
Removed:Regulation (EU) 2015/1017 is amended as follows:
Removed:(1) Article 11a is amended as follows:
Removed:(a) the title is replaced by the following:
Removed:‘Combinations’.
Removed:(b) the following second subparagraph is inserted:
Removed:‘The EU guarantee may be granted to cover financing and investment operations eligible under Regulation (EU) 2021/523 of the European Parliament and of the Council for the purposes of combinations referred to in Article 7(4) of that Regulation and it may cover losses in relation to financing and investment operations covered by the combined support.’;
Removed:(2) Article 16 is amended as follows:
Removed:(a) paragraph 1 is replaced by the following:
Removed:‘1. The EIB, in cooperation with the EIF where appropriate, shall submit once a year a report to the Commission on EIB financing and investment operations covered by this Regulation. The report shall include an assessment of compliance with the requirements on the use of the EU guarantee and with the key performance indicators referred to in Article 4(2), point (f)(iv). The report shall also include statistical, financial and accounting data on each EIB financing and investment operation and on an aggregated basis.’;
Removed:(b) paragraph 2 is deleted;
Removed:(c) in paragraph 3, the following subparagraph is added:
Removed:‘In relation to the combinations referred to in Article 11a, the EIB and the EIF, respectively, shall provide the Commission annually with the financial statements in accordance with Article 212(4) of the Financial Regulation. Such financial statements shall include accounting data about the support provided by the EU guarantee under this Regulation clearly delineated from the support provided by the EU guarantee under Regulation (EU) 2021/523 of the European Parliament and of the Council.’;
Removed:(3) in Article 22(1), the fifth subparagraph is deleted.
Removed:Amendments to Regulation (EU) 2021/1153 [CEF]
Removed:In Article 29 of Regulation (EU) 2021/1153, the following paragraph is added:
Removed:‘5. The guarantee supported by the Union budget and provided by the EIB through the CEF Debt Instrument established under Regulation (EU) 1316/2013 may be granted to cover financing and investment operations eligible under Regulation (EU) 2021/523 of the European Parliament and of the Council(*) for the purpose of combination referred to in Article 7 of that Regulation and may cover losses in relation to the financing and investment operations covered by the combined support.’;
Removed:(*) Regulation (EU) 2021/523 of the European Parliament and of the Council of 24 March 2021 establishing the InvestEU Programme and amending Regulation (EU) 2015/1017 (OJ L 107, 26.3.2021, p. 30, ELI: http://data.europa.eu/eli/reg/2021/523/oj)’.
Removed:Amendments to Regulation (EU) 2021/695 [Horizon Europe]
Removed:In Article 57 of Regulation (EU) 2021/695, the following paragraph is added:
Removed:‘3. The guarantee supported by the Union budget and provided by the EIB through the InnovFin Debt Facility established under Regulations (EU) 1290/2013 and 1291/2013 may be granted to cover financing and investment operations eligible under Regulation (EU) 2021/523 of the European Parliament and of the Council(*) for the purpose of combination referred to in Article 7 and may cover losses of the financial product containing the financing and investment operations and covered by the combined support.’:
Removed:(*) Regulation (EU) 2021/523 of the European Parliament and of the Council of 24 March 2021 establishing the InvestEU Programme and amending Regulation (EU) 2015/1017 (OJ L 107, 26.3.2021, p. 30, ELI: http://data.europa.eu/eli/reg/2021/523/oj)’.
Removed:Entry into force
Removed:This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union.
Removed:This Regulation shall be binding in its entirety and directly applicable in all Member States.
Removed:Done at Brussels,
Removed:For the European Parliament For the Council
Removed:The President The President