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Europe Daily Bulletin No. 10856

31 May 2013
ECONOMY - FINANCE - BUSINESS / (ae) finance
Agreement on transparency directive confirmed

Brussels, 30/05/2013 (Agence Europe) - Member states' representatives to the EU endorsed on Wednesday 29 May 2013 the agreement reached a fortnight ago by the Irish Presidency of the EU Council of Ministers and the European Parliament on revision of the transparency directive (2004/109).

The updated directive allows companies quoted on the stock exchange, particularly small companies , to no longer have to produce quarterly financial reports. The new measures will help cut administrative...

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