Dossier · Own-initiative report
Facilitating the financing of investments and reforms to boost European competitiveness and creating a Capital Markets Union (Draghi Report)
- Reference
- 2024/2116(INI) Own-initiative report
- Where it stands
- Parliament adopted the text on 10 September 2025. This is its final position on the matter.
- Stage
- Parliament’s position
- Lead committee
- Economic and Monetary Affairs ECON
More facts (6)
- Author
- Aurore LALUCQ
- Shadow rapporteurs
- 6 members
- Decisions in plenary
- 1
- Last vote
- 10 Sept 2025 · Adopted
- Versions
- 3 versions
- Opinions from
- BUDG
Where it stands
The steps of this kind of dossier and how far it has come, from the procedure file.
- Referred to committee (done) 23 January 2025
- Committee work (done) Report adopted 24 June 2025
- Tabled for plenary (done) 1 July 2025
- Plenary vote (done) Adopted 10 September 2025
- Parliament’s position (done) Final
Parliament sets out its own position on a topic. The resolution is not binding but signals what Parliament wants.
People
Committees and members responsible for the dossier, as the procedure file names them. Groups as recorded there.
- Lead committee
- Economic and Monetary Affairs ECON
- Author
- Aurore LALUCQ (S&D)
- Shadow rapporteurs
- Isabel BENJUMEA BENJUMEA (EPP), Enikő GYŐRI (Patriots), Giovanni CROSETTO (ECR), Ľudovít ÓDOR (Renew), Rasmus ANDRESEN (Greens), Jussi SARAMO (The Left)
- Opinion: BUDG
- Budgets · rapporteur Karlo RESSLER (EPP)
Decisions in plenary, 1
Every decision Parliament took on this dossier, newest first.
| Date | Decision | Kind | Effect | Final vote |
|---|---|---|---|---|
| 10 Sept 2025 | Investments and reforms for European competitiveness and the creation of a Capital Markets Union | Resolutions | Adopted | 407 for, 161 against, 97 abstained by roll call |
Every roll-call vote on the dossier, in date and voting order, with each group's line at the date of the vote.
Each group's clear line at the date of the vote: a position with at least two thirds of the group's votes (at least 10 members voting), otherwise Divided; “< 10 voted” when fewer took part. Result: outcome, for–against–abstained (method).
- 10 Sept 2025 Final vote — text as a whole
Adopted 407–161–97
- The Left
- Against
- Greens
- For
- S&D
- For
- Renew
- For
- EPP
- For
- ECR
- Abst.
- Patriots
- Against
- ESN
- Against
Add members’ columns
Versions, 3
The text of the dossier, version by version, newest first. Compare shows what changed between two consecutive versions.
Adopted by Parliament10 Sept 2025
Adopted text TA10-0185/2025 TA-10-2025-0185
Tabled for plenary1 Jul 2025
Report A10-0124/2025 A-10-2025-0124
Committee draft12 Mar 2025
Draft report (ECON) ECON-PR-770112
AI: Each version in short Written by AI from the official text — check the source
- Adopted text TA10-0185/2025: Parliament's resolution on financing investments and reforms for European competitiveness and creating a Capital Markets Union responds to the Draghi report, calling for mobilising private and public investment, completing the Banking Union, and boosting financial literacy.
- Report A10-0124/2025: Parliament's resolution on facilitating investment financing and creating a Capital Markets Union responds to the Draghi Report, calling for mobilising private and public capital to close the EU's investment gap and boost competitiveness.
- Draft report (ECON): This draft report addresses financing investments and reforms to boost EU competitiveness and create a Capital Markets Union. It calls for mobilising private and public investment, integrating capital markets, and supporting defence and green transitions.
Committee opinions: Draft opinion (BUDG), Opinion (BUDG)
What changed, 2
Between consecutive versions, newest pair first. The overviews are written by AI from the two texts; the comparison shows every change.
Latest Tabled for plenary → Adopted by Parliament Report A10-0124/2025 → Adopted text TA10-0185/2025
AI: What changed Written by AI from the official text — check the source
Substantive changes: securitisation paragraph now references the Commission's review and removes rejection of weakening macroprudential rules. Defence paragraph 81 now includes the Defence Equity Facility text, and a new paragraph 82 is added with that content. Other changes are formal: decimal commas replaced with decimal points throughout.
Committee draft → Tabled for plenary Draft report (ECON) → Report A10-0124/2025
AI: What changed Written by AI from the official text — check the source
The report expands significantly, adding detailed analysis on competitiveness, investment gaps, and financial literacy, and introduces new calls on capital markets integration, public investment, and defence financing. It updates figures and adds new data on savings, market fragmentation, and trade wars, reflecting a broader scope. The report now includes specific proposals on supervisory convergence, clearing activities, and financial education. It also addresses public investment sustainability, safe assets, and defence financing instruments. The other changes are formal and wording updates, including rephrasing and reordering of paragraphs.
Timeline, 10
Every recorded step, newest first, grouped by stage; the latest stage is open.
Plenary stage 4 steps · 1 Jul 2025–10 Sept 2025
10 September 2025
Plenary vote
Sitting of 10 Sept 2025 Report A10-0124/2025Adopted text TA10-0185/2025
8 September 2025
Debated in plenary
MEPs debated the text in the chamber ahead of the vote.
5 September 2025
1 amendment tabled for the plenary vote
Groups propose changes to the tabled text; each is voted on before the final vote.
1 July 2025
Report tabled for plenary
This is the text all MEPs vote on. Political groups can still table amendments to it.
Committee stage 6 steps · 23 Jan 2025–24 Jun 2025
24 June 2025
Committee vote: report adopted
ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.
4 June 2025
BUDG (Budgets) adopted its opinion
The opinion is attached to the report for the lead committee to consider.
5 May 2025
Amendments tabled in committee (2 batches)
Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.
Amendments in committee (ECON)Amendments in committee (ECON)
9 April 2025
Draft opinion from BUDG (Budgets)
An associated committee gives its view to the lead committee.
12 March 2025
Draft report published
The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.
23 January 2025
Referred to the ECON (Economic and Monetary Affairs) committee
The lead committee prepares the report; BUDG (Budgets) gives an opinion.
Connections
Texts, decisions, people and other dossiers related to this one.
Texts voted on
- Text REPORT on facilitating the financing of investments and reforms to boost European competitiveness and creating a Capital Markets Union (Draghi Report) Report A10-0124/2025 10 Sept 2025
Other dossiers of the same rapporteur
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- Dossier Amending Directive 2006/112/EC as regards the electronic value added tax exemption certificate 2024/0152(CNS) · Consultation procedure 14 Nov 2024 Passed
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Sources & citation
Where the facts on this page come from, and how to cite it.
- Official source
- Data source
- Licensed CC BY 4.0.
- Retrieved
- 25 September 2026
Cite as
European Parliament (2025). “Facilitating the financing of investments and reforms to boost European competitiveness and creating a Capital Markets Union (Draghi Report)”. Dossier, 10 September 2025. procId 2024-2116, reference 2024/2116(INI). EU Parl Watch Research. https://news.eu-parl.st-solutions.dev/dossiers/2024-2116 (retrieved 25 September 2026). Official source: Procedure file (Legislative Observatory, OEIL), https://oeil.secure.europarl.europa.eu/oeil/en/procedure-file?reference=2024%2F2116(INI). Data: EP Open Data API: procedure record, https://data.europarl.europa.eu/api/v2/procedures/2024-2116 (CC BY 4.0).
BibTeX
@misc{epw-dossier-2024-2116,
author = {{European Parliament}},
title = {{Facilitating the financing of investments and reforms to boost European competitiveness and creating a Capital Markets Union (Draghi Report)}},
year = {2025},
date = {2025-09-10},
howpublished = {\url{https://news.eu-parl.st-solutions.dev/dossiers/2024-2116}},
url = {https://news.eu-parl.st-solutions.dev/dossiers/2024-2116},
urldate = {2026-09-25},
publisher = {EU Parl Watch Research},
note = {Dossier. procId 2024-2116, reference 2024/2116(INI). Official source: https://oeil.secure.europarl.europa.eu/oeil/en/procedure-file?reference=2024\%2F2116(INI). Data: EP Open Data API: procedure record (CC BY 4.0)}
}