12.9 C
Bucharest
21 September 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

The Informal Meeting of the Ministers of Transport: arrivals and doorsteps

Alexandru Stefan

Securing free and fair elections for a more democratic Europe

Iulian Anghel

The 22nd meeting of the Romanian-German Intergovernmental Commission for matters concerning ethnic Germans in Romania, co-chaired by Minister for European Affairs George Ciamba

Alexandru Stefan