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McCreevy will be new EC Commissioner for Internal Market

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13 Aug 2004

José Manuel Barroso, President-designate of the European Commission (top photo), has announced the policy portfolios he has allocated to each of the 25 new EC Commissioners.

Charlie McCreevy (bottom photo), who is an Irish Chartered Accountant, will be Commissioner for Internal Market and Services, replacing Frits Bolkestein. Among Mr. McCreevy's responsibilities will be accounting and financial reporting, including the implementation of IFRSs in Europe. The new Commission will take office on 1 November, subject to approval by the European Parliament. The Parliament can vote only on the whole body and not on individual Commissioners. The EC decision on endorsing IAS 39 is expected to be made by the current Commissioners before 1 November. Click for:

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