Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-04-02-Speech-1-037"
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"en.20010402.4.1-037"2
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"Mr President, Commissioner Bolkestein, ladies and gentlemen, I am happy to announce our group’s support for the reports by Mr Katiforis and Mrs Kauppi, whose proposals are a significant step forward in the creation of a single market in financial services, in accordance with the Commission’s proposals contained in the action plan on financial services.
The removal of obstacles in the Member States with regard to financial markets is essential in the Europe of the euro and will enable us to take advantage of all the opportunities offered by the existence of the single European currency. Allow me once again to repeat the comparison I have made before. What we are now undertaking in the financial and monetary field is what we undertook ten years ago with the establishment of the European single market for goods and services, ensuring the general freedom of movement for capital, workers and goods. We have set a timetable: 2005, and our fellow Members’ proposals, I believe, move in the right direction. They support the Commission’s proposals, they highlight the need to meet the timetable and, at the same time, they offer and indicate specific aspects. With regard to the report by Mrs Kauppi, I believe that paragraph 16, on the mechanisms which have been applied and proposed – and which the Commission has already implemented – to resolve cross-border extrajudicial disputes relating to financial services, is essential to overcoming possible problems at Member State level. This system and this concern also appear in Mr Katiforis’s report. I congratulate both of them on their work and I repeat that we support them."@en1
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