Hi,

I am looking to make contact with people with knowledge of EU countries for some reseach I am doing. I am interested in the comparitive cost of government and the impact on the private sector in each of the EU countries. Due to the number of different languages this is quite a challenge. Any help would be appreciated and I would return the favour,

 rgds

Michael

The EU has postponed a decision on whether to endorse IFRS 9 Financial Instruments for use in Europe.  Although the mandatory date for adoption of IFRS 9 set by the IASB is 2013, voluntary use is permitted immediately.  However the EU decision or non-decision has effectively ruled out the possibility of European companies using the new simplified provisions in the December year-end accounts.  Some, such as Douglas Flint Group FD at HSBC, point out those European companies will be at a competitive disadvantage as a result.  However, I believe that the ultimate impact could be felt globally