European lawmakers are set to give their first backing to a plan to revive the market for asset and mortgage backed securities on Thursday, the EU lawmaker responsible for the initiative said. Last year the European Union’s executive arm proposed loosening rules on securitization, the process through which banks pool and sell loans, in a bid to revive a 200 billion euro market that has fallen to about a quarter of its 2008 peak. Source Reuters
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Israeli Prime Minister Benjamin Netanyahu says he will discuss with Russian President Vladimir Putin his concerns about Iran’s military presence in Syria. “I will raise the problem of Iran trying to establish a military presence in Syria,” Netanyahu said on August 22. Source: RadioFreeEurope
EU enlargement commissioner Johannes Hahn has called for a change of course for the EU on Turkey’s accession to join the bloc, after president Recep Tayyip Erdogan urged Turks living in Germany not to vote for the county’s two ruling parties in the upcoming September elections. Source: Euobserver
France’s ‘Operation Sentinelle’, a domestic military presence that since the January 2015 terrorist attacks has deployed thousands of soldiers to patrol public spaces will be revamped, the French Interior minister announced Tuesday. G.Collomb said: “We are going to redefine the mission in order to make it more mobile”. Source: France24