On Tuesday, 24 June, the European Parliament’s joint BUDG-ECON committee voted in favour of the Omnibus II compromise package on InvestEU loan program simplification, granting a formal mandate to launch trilogue negotiations with the Council and the Commission. The compromise, led and negotiated by MEP Aura Salla, BUDG rapporteur and EPP lead on the file, was adopted by a clear majority.
This vote marks a decisive step forward, for the file itself and the Parliament’s broader simplification agenda. Among the five Omnibus proposals currently on the table from the European Commission, InvestEU becomes the first to secure a trilogue mandate, underlining both the urgency of the file and the strong political consensus behind simplification.
“Today’s vote is a milestone,” said MEP Aura Salla. “The Parliament is sending a clear message: we want a simpler, stronger, and more effective investment policy. One that delivers real results on the ground. This is a win for European competitiveness, for SMEs, and for common sense.”
With this mandate, the Parliament is calling for a €4.5 billion increase in guarantees and an additional €200 million for advisory services. Thanks to InvestEU’s proven leverage model, this could unlock up to €70 billion in additional investments in the coming years.
“I am pleased to see the Parliament largely united behind a forward-looking simplification agenda and a strong financial boost to the EU’s most successful investment instrument,” Salla added.
The Omnibus II package on InvestEU is centred on delivering greater flexibility, accessibility, and simplification, especially for SMEs. The Parliament’s position calls for raising guarantee thresholds, cutting red tape, and reinforcing the impact assessment framework to ensure that the programme delivers effectively and transparently.
“I expect the trilogues to be swift and focused. The strong majority behind the Parliament’s position gives us a solid starting point,” Salla noted.
“But more importantly, this vote points to the future. The next Multiannual Financial Framework must be built around loan and excellences based financial instruments that work in practice. And InvestEU works. It is one of the concrete success stories of the EU. This programme delivers results, attracts private investment, and responds flexibly to Europe’s evolving strategic needs. We must avoid the fragmentation of past MFFs. Europe doesn’t need a patchwork of overlapping instruments. We need scale, simplicity, and ambition.”
Member of the European Parliament, Doctor of Political Sciences
aura.salla@europarl.europa.eu
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Head of Office, Policy Advisor
aku.aarva@europarl.europa.eu
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