15/04/2019 (Agence Europe) – The Committee on Economic and Monetary Affairs of the European Parliament was ultimately unable to adopt, on Monday 8 April, its negotiating position with the EU Council over the draft directive aimed at stimulating secondary markets for non-performing loans (NPLs). The text would have been adopted, but not the mandate needed to start the trilogue negotiations because too many MEPs were absent, according to one parliamentary source. At the heart of the divisions between political groups was always the same reference to measures that allow a borrower to repay their loan again so that it would no longer be considered as non-performing ('forbearance') (see EUROPE 12226/7). The text is now being sent to Parliament and is due in the ballot box at the end of May. (MB)