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Image header Agence Europe
Europe Daily Bulletin No. 13819
Contents Publication in full By article 29 / 30
NEWS BRIEFS / Accounting standards

EFRAG recommends to European Commission adoption of amendments to international accounting standard ‘IAS 21’

02/03/2026 (Agence Europe) – On Friday 27 February, the European Financial Reporting Advisory Group (EFRAG) submitted to the European Commission its final opinion on the adoption by the European Union of amendments to international accounting standard IAS 21, which were published by the International Accounting Standards Board (IASB) last November. IAS 21 provides a framework for the translation of foreign currency transactions in the annual financial statements. The changes concern the...

Contents

WAR IN MIDDLE EAST
MIDDLE EAST: region stands to lose greatly from any drawn-out war, warns EU
ENERGY: escalation in Middle East - European energy markets under pressure
TRANSPORT: European Commission steps up its monitoring of disruption risks in maritime and aviation sectors
CIVIL PROTECTION: European Commission is actively supporting Member States in their efforts to evacuate their nationals from Middle East
GENERAL AFFAIRS: drone incident in Cyprus - informal ministerial meeting on general affairs postponed
COUNCIL OF EUROPE: in face of escalation in Middle East, Council of Europe’s Secretary General calls for common European legal framework
SECURITY - DEFENCE
DEFENCE: seven EU Member States and United Kingdom interested in France’s advanced nuclear deterrent, according to Emmanuel Macron
EXTERNAL ACTION
SWITZERLAND: European Commission and Switzerland formalise new contours of their bilateral relations
SECTORAL POLICIES
COMPETITIVENESS: EU27 invited on 4 March to give themselves mandate to revise regulation on critical raw materials
TRANSPORT/INDUSTRY: Matteo Ricci proposes to simplify revision of Directives on tolls for heavy-duty vehicles with trailers
SEA: Ursula von der Leyen calls for creation of International Alliance to strengthen ocean observation
SEA: Ocean Diplomacy must be integrated into EU’s external action, say MEPs
FISHERIES: MEPs adopt their position on international measures on fish stock management
FISHERIES: European Commission launches public consultation on ‘Vision 2040 for fisheries and aquaculture’
AGRICULTURE: Copa-Cogeca calls for measures to encourage promotion of European wool
ENVIRONMENT: updated EU list includes Germany’s first ship recycling facility
HOME AFFAIRS: European Parliament’s Committee on Civil Liberties finally rejects Birgit Sippel’s proposal to extend ePrivacy Directive derogation for one year
RESEARCH: European Commission proposes a recommendation to strengthen science diplomacy and research security
ENERGY: Grids Package - ENTSOG critical of European Commission’s “top-down” approach
DIGITAL: Poland is considering joining European countries that want to ban minors from using social media
ECONOMY - FINANCE - BUSINESS
FINANCE: ‘MiCA’ - Johan Van Overtveldt calls on European Commission to legislate on multi-issuance of stablecoins
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL/EMPLOYMENT: on 9 March, Cyprus Presidency of EU Council to ask EU27 ministers how AI can improve working conditions
NEWS BRIEFS
AFGHANISTAN/PAKISTAN: European Union condemns intensification of violence between Afghanistan and Pakistan
BANKS: SRB guidelines to help European banks demonstrate their ability to use resolution tools
TRADE: European Parliament’s Committee on International Trade could support extension of international agreement on olive oil and table olives
FINANCE: European Commission launches a public consultation on private equity exits
FINANCE: ESMA publishes results of annual transparency calculations for equity and equity-like instruments
MIGRATION: 4.2 million people immigrated to European Union in 2024, according to Eurostat
ACCOUNTING STANDARDS: EFRAG recommends to European Commission adoption of amendments to international accounting standard ‘IAS 21’
SOCIAL: aid from European Globalisation Adjustment Fund proposed to support workers made redundant at Liberty Steel Belgium