DG Competition will hold a “Reality Check” to identify good practices on the activities of National Promotional Banks and potential bottlenecks caused by state aid rules. The objective of the meeting is in particular to better understand activities of National Promotional and the market failures they aim to address, to identify obstacles and good practices to the implementation of risk finance schemes under the General Block Exemption Regulation, under the Risk Finance Guidelines or under the Clean Industrial Deal State Aid Framework, to present the evaluation and ongoing review of the Guarantee Notice, and to identify obstacles to the implementation of InvestEU by National Promotional Banks. This will contribute to the ongoing reviews of the General Block Exemption Regulation and of the Guarantee Notice, to the development of the Commission’s case practice as regards activities of National Promotional and to the preparation of the next Multi-Annual Financial Framework, in particular as regards financial instruments deployed by National Promotional Banks and related state aid rules.
The Reality Check meeting will take place on Tuesday, 28 April 2026. The representatives from member states’ national promotional banks, international financial institutions implementing InvestEU and relevant EU associations are invited.


