ECA President Lehne visits EIB to strengthen relations
21 October 2021
A delegation of representatives from the European Court of Auditors (ECA), led by President Lehne, visited the EIB on Tuesday, meeting President Hoyer, Vice-Presidents Peeters and Östros and other delegates to discuss relations between the two organisations.
One of the key topics of discussion for this working lunch was the new Tripartite Agreement (TPA), as the EIB, the ECA and the European Commission (EC) have recently agreed on terms after much discussion. The TPA is an agreement between the EIB, the ECA and the EC to regulate the modalities for the ECA’s performance audits of the use of EU budget funds involving the EIB.
Strengthening a key relationship
In January 2020, the first meeting between the EIB and the ECA took place to discuss the renegotiation of the TPA. In June 2021, a draft agreement was subsequently approved by the EIB Management Committee (and was also approved by the relevant bodies of the ECA and the EC).
The new TPA, once signed by all signatories (expected by the end of October), allows the ECA to have greater access to the EIB’s documents and data that relate to the activities carried out under the mandate of the EC. Data on the EIB’s Own Funds activities remain out of scope of the ECA’s audits.
The EIB would like to thank the respective teams for their hard work over the past 18 months.
The European Public Prosecutor’s Office (EPPO) and the EIB Group – the European Investment Bank and the European Investment Fund - signed a working arrangement on 7 December 2021. This arrangement aims to provide a structured framework for an efficient cooperation within their respective mandates and competences.
In the context of our commitment to more inclusive communications, the EIB has developed a series of easy-to-read pages on the EIB website. These first pages include The EIB at a glance, as well as easy-to-read versions of our main pages on climate, development and COVID-19 response.
EIB President Werner Hoyer visited the French capital last week for the fourth edition of the Paris Peace Forum. This three-day event, which brought together hundreds of speakers from around the world representing all sectors and activities, was also an opportunity for heads of state and international organisations to deliver strong messages on the various gaps in global governance, echoing the COP26 summit in Glasgow.