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Europe Daily Bulletin No. 13811
Contents Publication in full By article 30 / 30
NEWS BRIEFS / Accounting standards

New ‘IFRS 18’ will have to be applied in EU from January 2027

18/02/26 (Agence Europe) –

The European Commission Regulation adopting the International Financial Reporting Standards (IFRS 18) into EU law was published on Monday 16 February in the Official Journal of the European Union. This new international standard modernises the presentation of financial statements to improve the readability and comparability of company performance for investors. In particular, it introduces new requirements for the presentation of the income statement, the...

Contents

SECTORAL POLICIES
COHESION: European Commission supporting EU’s eastern regions bordering Russia, Belarus and Ukraine
COHESION: European ministers expected to approve conclusions on EU urban agenda
CLIMATE: ETS2 - EU Council adopts proposed revision of stability reserve unchanged
FISHERIES: European Commission to present initiatives on energy transition
FISHERIES: EU’s dependence on seafood imports continues to worsen, according to a study commissioned by European Parliament
AGRICULTURE: Romania, Hungary and Poland call for exceptional aid for pig industry
FOOD SAFETY: antimicrobial resistance in foodborne bacteria remains a concern in EU, according to EFSA
HEALTH: WHO Europe sounds alarm over nursing workforce
JUSTICE: implementing e-evidence package, Eurojust identifies issues related to notifications, deadlines and national models 
HOME AFFAIRS: European Commission sets out financial arrangements for launch of ETIAS system
COMPETITIVENESS: Europe’s steel industry calls on Commission to tighten criteria for applying ‘European preference’ for steel
EXTERNAL ACTION
TRADE: WTO reform, relations with China but also with United States will keep European trade ministers busy in Cyprus
MOROCCO: following successful 2025, EU plans to strengthen partnership with Rabat in 2026
Russian invasion of Ukraine
ENERGY: suspension of oil transit via Druzhba pipeline - Hungary takes measures against Ukraine, Slovakia threatens to do same
UKRAINE: according to Volodymyr Zelensky, presence of Europeans at peace negotiations is “indispensable”
UKRAINE: Council of Europe is ready to support Kyiv on road to EU membership
ECONOMY - FINANCE - BUSINESS
ECB: Christine Lagarde “has not made any decision concerning end of her term of office”, assures spokesperson for monetary institute
ECB: Frankfurt Institute launches collaboration with ONCE foundation to promote accessibility to digital euro
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: Presidency of EU Council invites Member States to set out their priorities for implementing EU strategy against racism 2026-2030
GENDER EQUALITY: against harmful practices towards women and girls, European Commission is building on 2024 directive and its future strategy
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL/EMPLOYMENT: BusinessEurope calls on EU co-legislators to freeze transposition of Pay Transparency Directive
INSTITUTIONAL
EUROPEAN COMMISSION: three new directors appointed within EU institution
NEWS BRIEFS
HUMANITARIAN AID: European Commission grants €1.25 million in emergency aid to Madagascar following devastating passage of cyclone Gezani
AGRICULTURE: European Commission approves two new protected geographical indications 
ECONOMY: Member States begin to transfer funds allocated under Next Generation EU recovery plan to other EU programmes
ENERGY: SolarPowerEurope calls for no intervention in fundamentals of European electricity market
FINANCE: Better Finance launches campaign to raise awareness of financial education
LEBANON: withdrawal of UNIFIL makes it urgent to strengthen national institutions, says Kaja Kallas
MIDDLE EAST: 85 countries and EU condemn Israel’s measures to expand its “unlawful presence” in West Bank
ACCOUNTING STANDARDS: new ‘IFRS 18’ will have to be applied in EU from January 2027