Committee on Economic and Monetary Affairs Ordinary meeting Joint meeting Committee on Budgets

3 November 2026

ECON European Parliament

Follow its sittings
00:09 - 02:54
Speaker 1
Good morning everybody, can we start our meeting?  If there is no objection raised to the agenda, I deem the agenda adopted.  Thank you, and there is interpretation available in a lot of languages.  Point three of our agenda, the exchange of view with Mr. Declan Costello, Director-General of the Reform and Investment Taskforce on the implementation of the technical support instrument.  A warm welcome Mr. Costello, too. 

This yearly debate is organized in line with article 15 of the regulation 2120 240, establishing the technical support instrument.  Our last exchange with your predecessor, Céline Gauer, took place on November the 5th of last year.  Earlier this year, the Commission published the 25 2025 TSI annual report.  The report notes that 2020 that 2025 cycle saw the highest demand from member states and the highest number of requests for support selected to date.  Continuing the trend of previous years, the number of both flagship projects supporting EU priorities and multicountry projects increased compared to the last cycle. 

Last year's mid-term evaluation of the TSI highlighted some areas for improvement, notably aligning TSI support areas with country-specific recommendations, carefully reviewing TSI requests to ensure a greater level of ambition of reforms, and following up on outcomes and impacts in a more systematic way.  This is also echoed in the ECA Special Report 29 26 on the use of RRF support in public administration, published a few days ago.  Let me have a few words about the choreography for this exchange of view.  First, we will have Mr. Costello for 7 minutes for his introductory statement.  This will be followed by a question and answer session which BUDG and ECON members grouped in two blocks. 

Members will have 2 minutes for questions, and the Commission will answer questions per block.  The catch the eyes slot will be 1 minute for a question with Director-General Costello answering questions in block.  Mr. Costello, the floor is yours. 

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