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Provisionally agreed new laws seek to boost the competitiveness of EU so-called small “mid-cap” (SMC) enterprises as they grow beyond SME status with targeted measures.

Negotiators for the European Parliament and the member states have reached a deal on small adaptations to the economic governance rules which will clarify and simplify implementation.

On Wednesday evening, MEPs adopted two texts on tax matters, one on the “EU.inc” 28th regime and another on a coherent tax framework for the EU financial sector.

MEPs visited Ottawa and Toronto to discuss financial regulation, digital innovation, and sustainable finance with key players and industry experts.

A delegation will meet, among others, with senior Canadian financial and government officials, central bank representatives, parliamentary counterparts and financial sector stakeholders.

Packaged loans converted into securities should be subject to transparent, less burdensome reporting requirements and better supervision, to revive the securitisation market in the EU.

On Tuesday, MEPs held their first discussion with the new Eurogroup President Kyriakos Pierrakakis.

MEPs will visit Lisbon to assess the progress, governance and impact of Portugal's recovery plan, review projects, and meet officials, lawmakers, auditors and stakeholders.

On Thursday, MEPs adopted new rules to expand the coverage of EU rules on the orderly resolution of failed banks to minimise economic disruption and protect depositors.

Ministers held a series of meetings in parliamentary committees to present the priorities of the Cyprus Presidency of the Council.