07/05/2025 (Agence Europe) – On Wednesday 7 May, Member States’ ambassadors to the EU (Coreper) approved the EU Council’s position on the European Commission’s proposal to reduce the period for securities transactions in the EU from 11 October 2027 (see EUROPE 13578/28). Inter-institutional negotiations (trilogue) can then be initiated with the European Parliament, where, for its part, the future negotiator, Johan Van Overtveldt (ECR, Belgian), proposes adopting the legislative proposal without making any amendments, believing that the measure is urgently needed to strengthen the EU’s competitiveness (see EUROPE 13623/28). A vote on Mr Van Overtveldt’s draft report in the Parliament’s Committee on Economic and Monetary Affairs is scheduled for Tuesday 13 May. See the EU Council’s negotiating mandate: https://aeur.eu/f/gow (BD)