14.9 C
Bucharest
25 March 2019
Economic and financial affairs News

Capital markets union: political agreement reached on EU framework for covered bonds

The EU is supporting lending by providing easier access to mortgage and public sector loans.

The Romanian Presidency and the European Parliament today reached a provisional agreement on a harmonised framework for covered bonds. This framework will specify a common definition to receive an EU covered bond label and benefit from preferential capital treatment. The deal will now be submitted for endorsement by EU ambassadors.

https://www.consilium.europa.eu/en/press/press-releases/2019/02/27/capital-markets-union-political-agreement-reached-on-eu-framework-for-covered-bonds/

Related posts

Foreign Affairs Council, main results

Alexandru Stefan

CO2 emission standards for cars and vans: Council confirms agreement on stricter limits

matei.ioan

EU company law adapted to the digital era

Iulian Anghel