InvestEU Mid-Term Evaluation: Upcoming Changes and Strategic Priorities

Discussing the mid-term evaluation of the program at the European Parliament, InvestEU Steering Committee Chair Elena Flores announced a package of changes coming in February. The updates will focus on simplification and increasing available funds, while discussions in Brussels also consider adapting InvestEU to the Union's new political priorities, including housing and especially defense, where the EIB group will play a key role.

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The timing for this discussion is perfect, said Elena Flores, Chair of the InvestEU Steering Committee and Deputy Director-General within the European Commission's DG Economic and Financial Affairs, during a joint hearing with the Econ and Budg committees of the European Parliament. It is an important moment to reflect on how to use InvestEU in the remaining two years of implementation and how to shape the Multiannual Financial Framework (MFF) for the next seven-year period 2028-2034, Flores stated.

InvestEU Mid-Term Evaluation

The starting point of the discussion is the mid-term evaluation published by the European Commission on October 1, 2024. Although conducted in 2023, when not all executive partners had signed agreements, the report shows that the operation of InvestEU regarding its three variables - additionality, leverage, and impact - is good, explained Flores.