Brussels Considers Securitisation Agreement the "First Major Step" of the Economic Journal
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7 Articles
According to Maria Luís Albuquerque, the revision of the rules of securitisation aims to increase the capacity of banks to finance families and businesses, in particular small and medium-sized enterprises (SMEs), while channelling more investment to the real European economy.
BRUSSELS - Negotiators from the Council of the EU (member states) and the European Parliament met on Wednesday (21. 10.) in the evening managed to reach political agreement on measures to revive and simplify the EU market for securitisation in banking. This is reported by the rapporteur.
The European Parliament and member states have reached an agreement on reforming the securitization market, which could bring more lending money to companies. The agreement still needs formal approval by the European Parliament and member states.
EU Member States and the European Parliament reached a provisional political agreement on Wednesday on measures to relaunch and simplify the EU's securitisation market, according to the official communication. The updated framework will allow banks to free up more capital than at present and direct a larger volume of loans to households, SMEs [...] The post Union of Economies and Investments. Member States and the European Parliament reach an ag…
The EU is taking important steps to support small and medium-sized businesses! 💼💶 New initiatives will simplify lending and reduce administrative burden, allowing entrepreneurs to receive more financing for development. We look forward to economic growth together! 🌍
The European Council and the European Parliament have agreed on measures aimed at restoring and simplifying the securitisation market in the EU, as well as facilitating the provision of loans for small and medium-sized entrepreneurs.
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