Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-04-11-Speech-2-072"
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"en.20000411.4.2-072"2
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"Following the debate that took place last night, and repeating the arguments which I put forward yesterday, I would sum up the Commission's position as follows. The first two amendments deal with redeemability at par value. The Commission's opinion is that this introduces unnecessary legal uncertainty into the text. That is why the Commission cannot see its way to agreeing to the first two amendments.
Amendments Nos 3 and 4 propose to limit substantially the circumstances in which Member States may waive some or all of the provisions of the directive to certain limited electronic money schemes. As I said yesterday, if there are legitimate concerns they can be dealt with at the review of the whole procedure within the next few years. Therefore, the Commission cannot accept Amendments Nos 3 and 4.
On Amendment No 5, the last amendment, although the Commission itself would take a less negative view of that amendment than it takes of the first four amendments, it still is of the opinion that it would be better to reject all five amendments and to leave the proposal as it is."@en1
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