Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-01-15-Speech-1-054"
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"en.20010115.5.1-054"2
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"Mr President, I do not feel that I will need the full five minutes, hopefully this will allow you to speed up proceedings tonight. I would firstly like to congratulate Mrs Peijs as rapporteur on this report which, as Mrs Villiers has already outlined, has been extremely complicated. The issue has long been problematic, mainly because of the national differences at governmental level, rather than the issues directly originating from Parliament, but compromises produced in Parliament have been both efficient and expedient in terms of their approach and are very welcome.
In an effort to provide for equal treatment across the EU, the principles of unity and universality are the central pillars, of course, of this report, and coherence and consistency are therefore attained.
Similarly the rights of creditors in Member States other than their own are safeguarded by the assurances of cooperation between the relevant authorities in the Member States, but let us be clear, in case some of you have not read the document, this is not about harmonisation, it is about mutual recognition of Member States' reorganisation measures and winding up procedures.
Parliament's success in introducing substantial changes in the original proposal is important. There are many in Parliament who feel the issues here are of real concern since they all concern the safeguarding of European citizens' interests and rights; indeed this report helps clarify many of the elements, such as the deposit guarantee scheme. But, of course, many of the changes in the common position which finally came back to us have to be welcomed, as they reflect many of Parliament's concerns, although some work has still to be done.
It is therefore sensible for Parliament, whilst accepting the improved document's intentions, to reimpose our priorities from the first readings but to organise and also clarify the suggestions emanating from this text. Amendments Nos 1 and 2 bring the text into line with the insolvency regulation and the insurance winding-up proposals which had already been agreed last summer: this confirms Parliament's desire, therefore, to see a degree of coherence in this matter. I also see great strength for creditors in Amendments Nos 3, 5 and 6 while recognising that other national delegations, especially in my group, may have other concerns in this area. But I personally offer my support to the idea of bringing this directive in line with the insolvency regulation and the insurance winding-up proposals.
It seems to me that, finally, in the remaining amendments, following in the tradition of tidying up texts for the purpose of clarification, Parliament's rapporteur has maintained the type of quality we have come to expect from experienced Members. Whilst issues such as netting seem to have been slotted in as an extra series of amendments, what we have here is a workable document nonetheless, capable of securing support in the House and provoking serious discussion within the Council."@en1
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