On Wednesday 31 October, the ambassadors of the member states to the EU (Coreper) will seek to reach a political agreement in principle on the proposed regulation introducing common minimum coverage thresholds for bank loans that become non-performing (non-performing exposures or NPE) after the future rules enter into force (see EUROPE 11981).
It would already have been possible to reach a qualified-majority agreement of the member states on Wednesday 24 October, on the basis of a compromise...