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The Seventh Directive issued by the European Commission is a statement to the European Union (EU) members concerning: adoption of the euro as the currency

The "Seventh Directive" issued by the European Commission is a statement to the European Union (EU) members concerning:

adoption of the euro as the currency used throughout the EU.

consolidated financial statements.

rules for valuation, financial statement disclosures, and financial statement format.

authority of the European Commission to pass laws

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