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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
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.

  1. Referred to committee (done) 23 January 2025
  2. Committee work (done) Report adopted 24 June 2025
  3. Tabled for plenary (done) 1 July 2025
  4. Plenary vote (done) Adopted 10 September 2025
  5. 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)
Opinion: BUDG
Budgets · rapporteur Karlo RESSLER (EPP)

Decisions in plenary, 1

Every decision Parliament took on this dossier, newest first.

Effect: what the decision did. Final vote: for–against–abstained, and how it was recorded.
DateDecisionKindEffectFinal vote
10 Sept 2025Investments and reforms for European competitiveness and the creation of a Capital Markets Union ResolutionsAdopted407 for, 161 against, 97 abstained by roll call

Voting grid

Export

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).

  1. 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
The people on this dossier — pick up to 6. Each gets a column with their own position.

Versions, 3

The text of the dossier, version by version, newest first. Compare shows what changed between two consecutive versions.

  1. Adopted by Parliament10 Sept 2025

    Adopted text TA10-0185/2025 TA-10-2025-0185

    Compare with tabled for plenary

  2. Tabled for plenary1 Jul 2025

    Report A10-0124/2025 A-10-2025-0124

    Compare with committee draft

  3. 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.

Report a problem

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.

  1. 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.

    Read the changes · Report a problem

    Compare the two versions

  2. 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.

    Read the changes · Report a problem

    Compare the two versions

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
  1. 10 September 2025

    Plenary vote

    Sitting of 10 Sept 2025 Report A10-0124/2025Adopted text TA10-0185/2025

  2. 8 September 2025

    Debated in plenary

    MEPs debated the text in the chamber ahead of the vote.

    Sitting of 8 Sept 2025 Report A10-0124/2025

  3. 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.

    Amendment 1

  4. 1 July 2025

    Report tabled for plenary

    This is the text all MEPs vote on. Political groups can still table amendments to it.

    Report A10-0124/2025

Committee stage 6 steps · 23 Jan 2025–24 Jun 2025
  1. 24 June 2025

    Committee vote: report adopted

    ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.

  2. 4 June 2025

    BUDG (Budgets) adopted its opinion

    The opinion is attached to the report for the lead committee to consider.

    Opinion (BUDG)

  3. 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)

  4. 9 April 2025

    Draft opinion from BUDG (Budgets)

    An associated committee gives its view to the lead committee.

    Draft opinion (BUDG)

  5. 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.

    Draft report (ECON)

  6. 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

Other dossiers of the same rapporteur

Dossiers sharing a running issue

Sources & citation

Where the facts on this page come from, and how to cite it.

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)}
}