The borrowing strategy to finance Next Generation EU, the Union’s Recovery instrument
· A9-0250/2022 · Proposition de résolution (ensemble du texte)
The European Parliament adopted by 474 votes to 80, with 78 abstentions, a resolution on the implementation of the borrowing strategy to finance NextGenerationEU, the Union’s recovery instrument.
Parliament recalled that the Own Resources Decision empowers the Commission to borrow funds of up to EUR 750 billion in 2018 prices between 2021 and 2026 on the capital markets on behalf of the Union for the sole purpose of addressing the consequences of the COVID ‑ 19 crisis through NextGenerationEU (NGEU), the EU’s recovery instrument. EUR 360 billion in 2018 prices may be used to provide loans to Member States and EUR 390 billion may be used directly for EU expenditure.
NGEU is the largest EU common borrowing programme and the first that not only…
For: 474(75 %). Against: 80(13 %). Abstentions: 78(12 %). In total, 632 MEPs voted. 72 MEPs didn’t vote.
Magdalena ADAMOWICZEPP · Polandfor
Asim ADEMOVEPP · Bulgariafor
Isabella ADINOLFIEPP · Italyfor
Matteo ADINOLFIIdentity and Democracy · Italyfor
Alex AGIUS SALIBAS&D · Maltafor
Mazaly AGUILARECR · Spainagainst
Clara AGUILERAS&D · Spainfor
Abir AL-SAHLANIRenew · Swedenagainst
Alviina ALAMETSÄGreens/EFA · Finlandfor
João ALBUQUERQUES&D · Portugalfor
European People’s PartyFor: 140(90 %). Against: 4(3 %). Abstentions: 11(7 %). In total, 155 MEPs voted. 21 MEPs didn’t vote.
Progressive Alliance of Socialists and DemocratsFor: 123(92 %). Against: 4(3 %). Abstentions: 6(5 %). In total, 133 MEPs voted. 11 MEPs didn’t vote.
Renew EuropeFor: 76(79 %). Against: 4(4 %). Abstentions: 16(17 %). In total, 96 MEPs voted. 7 MEPs didn’t vote.
Greens/European Free AllianceFor: 66(99 %). Against: 0(0 %). Abstentions: 1(1 %). In total, 67 MEPs voted. 4 MEPs didn’t vote.
Identity and DemocracyFor: 22(41 %). Against: 32(59 %). Abstentions: 0(0 %). In total, 54 MEPs voted. 10 MEPs didn’t vote.
European Conservatives and ReformistsFor: 10(18 %). Against: 22(39 %). Abstentions: 25(44 %). In total, 57 MEPs voted. 6 MEPs didn’t vote.
Non-attached MembersFor: 13(35 %). Against: 10(27 %). Abstentions: 14(38 %). In total, 37 MEPs voted. 8 MEPs didn’t vote.
The Left in the European ParliamentFor: 24(73 %). Against: 4(12 %). Abstentions: 5(15 %). In total, 33 MEPs voted. 5 MEPs didn’t vote.
- Germany
For: 67(81 %). Against: 11(13 %). Abstentions: 5(6 %). In total, 83 MEPs voted. 13 MEPs didn’t vote.
- France
For: 46(64 %). Against: 18(25 %). Abstentions: 8(11 %). In total, 72 MEPs voted. 7 MEPs didn’t vote.
- Italy
For: 64(98 %). Against: 0(0 %). Abstentions: 1(2 %). In total, 65 MEPs voted. 10 MEPs didn’t vote.
- Spain
For: 51(93 %). Against: 3(5 %). Abstentions: 1(2 %). In total, 55 MEPs voted. 4 MEPs didn’t vote.
- Poland
For: 23(48 %). Against: 8(17 %). Abstentions: 17(35 %). In total, 48 MEPs voted. 4 MEPs didn’t vote.
- Romania
For: 30(97 %). Against: 0(0 %). Abstentions: 1(3 %). In total, 31 MEPs voted. 2 MEPs didn’t vote.
- Netherlands
For: 15(56 %). Against: 7(26 %). Abstentions: 5(19 %). In total, 27 MEPs voted. 2 MEPs didn’t vote.
- Belgium
For: 13(68 %). Against: 3(16 %). Abstentions: 3(16 %). In total, 19 MEPs voted. 2 MEPs didn’t vote.
- Czechia
For: 11(52 %). Against: 5(24 %). Abstentions: 5(24 %). In total, 21 MEPs voted. 0 MEPs didn’t vote.
- Hungary
For: 6(33 %). Against: 0(0 %). Abstentions: 12(67 %). In total, 18 MEPs voted. 3 MEPs didn’t vote.
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- Results of roll-call votes (XML)accessed on Mar 24, 2024, 17:01
- Procedure file (Legislative Observatory)accessed on Jun 9, 2025, 15:33
- Report or resolutionaccessed on Aug 8, 2025, 19:48
- Vote summary (Legislative Observatory)accessed on Jan 11, 2026, 23:03
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