European Investment Bank's External Mandate (2014-2020): Initial Appraisal of the Commission's Impact Assessment

Briefing 08-11-2013

This note seeks to provide an initial analysis of the European Commission's Impact Assessment (IA) accompanying its proposal for a Decision of the European Parliament and of the Council on granting an EU guarantee to the European Investment Bank against losses under financing operations supporting investment projects outside the Union (COM (2013) 293), adopted by the Commission in May 2013. It analyses whether the principal criteria laid down in the Commission’s own Impact Assessment Guidelines, as well as additional factors identified by the Parliament in its Impact Assessment Handbook, appear to be met by the IA. It does not attempt to deal with the substance of the proposal.