On Thursday 9 October in Luxembourg, the EU countries taking part in the ‘Competitiveness Lab’ tasked their experts with working on a platform to facilitate the securitisation of financial products.
The aim is to “standardise” the processes in order to “reduce costs”, increase the availability of this financial technique, particularly for SMEs, and explore the possibility of a “pan-European” approach, said the Spanish Finance Minister, Carlos Cuerpo, in response to a...