Brussels, May 26 2010: At the invitation of EFRAG, a workshop was held by XBRL Europe, in which EFRAG employees, chairman Mrs. Françoise Flores and former chairman Mr. Stig Enevoldsen took part. As head of the XBRL Europe working group IFRS for Listed Companies, we discussed challenges, risks and strategic alternatives for future reporting of IFRS consolidated financial statements in Europe based on the XBRL technology.

Source: Kesselmeyer, Harmonizing the National Extensions of the IFRS-XBRL-Taxonomy in Europe – Is an EU extension of the IFRS taxonomy the solution? – Who can take over the responsibilitiy for Europe?, presentation within XBRL Europe’s workshop at EFRAG offices, Brussels, May 26 2010