Brussels, 19/12/2008 (Agence Europe) - On Thursday 18 December 2008, the European Parliament adopted a report by Ieke van den Burg (PES, the Netherlands) on the draft directive to simplify Directive 78/660/EEC and Directive 83/349/EEC (the fourth and seventh accounting directives) on annual and consolidated accounts (see Europe 9645).
The report backs the European Commission's efforts to cut red tape for small and medium-sized businesses (SMEs) by: a) scrapping the advertising obligations...