Filter by
Latest news from EU institutions and bodies (551)
RSSShowing results 80 to 90
European Commission Statement Washington, DC, 11 Jul 2024 We the leaders of the United States of America, Belgium, Canada, Denmark, Estonia, Finland, France, Germany, Iceland, Italy, Japan, Latvia, Lithuania, Luxembour...
EESC calls for fair compensation for traineeships: no trainee should work for free
Laura LUI
Thu, 11/07/2024 - 12:11
The European Economic and Social Committee (EESC) is calling for the Commission's proposal on making EU traineeships fairer and more inclusive to be reinforced. Nearly half of the EU’s more than three million trainees are unpaid and almost a third have no access to social protection. All young people should have the chance to benefit from the traineeship experience - not just those who can afford it
The European Investment Bank (EIB) is extending a €435 million credit to forestry company Stora Enso so it can produce greener packaging for foods and personal care products. The loan is for a major upgrade of Stora Enso’s manufacturing site in Oulu, where the company already invested €1 billion euro in reusable, fiber-based, and recyclable packaging production for consumer goods.
The European Investment Bank (EIB) and Poste Italiane have signed a €450 million finance contract aiming to boost service digitalisation and the creation of a more modern, efficient, and sustainable logistics and postal ecosystem. The agreement was signed today in Rome by EIB Vice-President Gelsomina Vigliotti and Poste Italiane CEO Matteo Del Fante.
EESC urges new EU leaders to strengthen and preserve cohesion policy as key investment instrument
EESC's July 2024 plenary
Thomas Kersten
Thu, 11/07/2024 - 09:49
The European Economic and Social Committee (EESC) adopted a resolution during its July plenary session rejecting the idea of transforming cohesion policy into a mechanism similar to the Recovery and Resilience Facility (RRF). The EESC calls for cohesion policy to be strengthened and for civil society to be involved, just as it was for the 2021-2027 programming period.
European Commission Speech Brussels, 11 Jul 2024 Commissioner Schmit's speech at the EESC plenary debate on traineeships
Dear President, dear members,
We all share a common goal: improving the transition fro...
European Commission Speech Brussels, 11 Jul 2024 Today, the Commission has decided to accept commitments offered by Apple. These commitments address our preliminary concerns that Apple may have illegally restr...
European Commission Daily news Brussels, 11 Jul 2024 Le Conseil européen de la recherche octroie la 2000ème subvention pour rapprocher les découvertes issues de la recherche au marché
Le Conseil européen de la rec...
ESMA publishes the 2024 ESEF Reporting Manual
11 July 2024
Electronic reporting
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published the update of its Reporting Manual on the European Single Electronic Format (ESEF) supporting a harmonised approach for the preparation of annual financial reports. ESMA has also updated the Annex II of the Regulatory Technical Standards (RTS) on ESEF.
The updated Manual provides technical improvements and guidance to facilitate the analysis and comparison of the data, such as:
recommendations when tagging empty fields or dash symbols;
clarifying that extension elements should be anchored to core elements sharing the same data type;
advising on practices to further improve the readability of the information extracted from a block tag; and,
encouraging the use of unique identifiers for each tagged fact.
The Manual intends to promote a harmonised and consistent approach for the preparation of annual financial reports in the format specified in the RTS on ESEF, providing guidance on common issues that may be encountered when creating ESEF documents, and explaining how to address them.
Next steps
Issuers are expected to follow the guidance provided when preparing their 2024 annual financial reports. Software firms are also expected to follow the guidance when developing software used for the preparation of annual financial reports in Inline XBRL.
Correction
On 28 May 2024, ESMA published the Final Report proposing amendments to the RTS on ESEF to align the ESEF taxonomy with the updates to International Financial Reporting Standards (IFRS) Taxonomy and with new XBRL specifications.
The Annex II contained an error in the Table “Mandatory elements of the core taxonomy to be marked up for financial years beginning on or after 1 January 2025”, where three taxonomy elements/labels related to dividends were omitted from the list of mandatory mark-ups. ESMA has updated today the table of Annex II and replaced the document on its website, as well as submitted a corrected version to the European Commission.
Further information:
Cristina Bonillo
Senior Communications Officerpress@esma.europa.eu
11/07/2022
ESMA32-60-254
ESEF Reporting Manual
11/07/2024
ESMA32-2009130576-3011
Final Report on draft RTS amending the taxonomy for the European Single Electronic Reporting (ESEF) - 2024