MEPs vote through harmonised NPL secondary market

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MEPs vote through harmonised NPL secondary market

EuropeanCouncil_PA_575x375_8April2020
Flags of Europe or European Flag is the symbol of Council of Europe CoE and The European Union EU as seen in the Belgian capital Brussels in front of modern architecture high buildings with glass and steel construction the Le Berlaymont building, European Commission headquarters. The flag was designed by Arsène Heitz and Paul M. G. Lévy. Brussels, Belgium - February 20, 2020 (Photo by Nicolas Economou/NurPhoto) | Nicolas Economou/NurPhoto/PA Images

The European Parliament's Committee on Economic and Monetary Affairs (ECON) has voted through regulation to harmonise the secondary market for NPLs across Europe, pushing through a key stage of its Action Plan aimed at rebuilding the European economy post-pandemic.

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