EU relaxes financial reporting rules due to epidemic

LONDON/FRANKFURT (Reuters) - The European Union has offered breathing space for companies grappling with deadlines for financial statements and annual shareholder meetings in the wake of the coronavirus crisis, as Germany approved its own measures on Friday.The bloc's markets watchdog, the European Securities and Markets Authority (ESMA), said national regulators across the EU should "apply forbearance powers towards issuers who need to delay publication of financial reports beyond the statutory..