17/03/2021 (Agence Europe) – On Wednesday 17 March, the Member States’ ambassadors to the EU (Coreper) confirmed the political agreement reached between the European Parliament and the Council of the EU in December (see EUROPE 12620/9) on the adjustments to the EU framework on securitisation proposed by the Commission in July in order to support the post-Covid-19 economic recovery (see EUROPE 12535/11). The purpose behind the new measures is to facilitate the use of securitisation, an instrument that allows banks to bundle loans, convert them into securities and sell them on the capital markets. The European Parliament is expected to give the go-ahead on 24 and 25 March. The Council of the EU adopted the other measures for economic recovery through the capital markets in mid-February (see EUROPE 12658/17). (MF)