Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-09-03-Speech-1-075"

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"en.20010903.6.1-075"2
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"Mr President, ladies and gentlemen, I am pleased to speak in this debate dealing with a key proposal for the process of European construction. The possibility of having a genuine European limited liability company is in line with the thinking which has led us to a European internal market, to a monetary union and to the last phase of the full use of the euro, which we are now approaching. Nevertheless, as one of the rapporteurs has pointed out, it has taken us thirty years to arrive at this thinking – a little more than thirty years – from the first proposal, in 1970, until now. My observation on behalf of the Liberal Group has two aspects to it: on the one hand, we will of course support the proposal; we believe that it represents a step forward within the achievements of the process of the European construction. We must also say, however, on the other hand, that we are not satisfied. As the proposed amendments to both reports point out, the structure proposed for the creation of a European limited liability company is still too complex. There are various options and the possible varieties of European company may even arise within a single Member State. It is now thought that if the different methods and options are taken into account and a combined calculation is made, up to two hundred different figures may be reached. We do not believe that this is the most appropriate way to consolidate a European company which would act in accordance with the reality which we have achieved thanks to the European internal market and the monetary union. We have therefore also presented a series of amendments on behalf of the Liberal Group aimed at consolidating this key figure for the Economic and Monetary Union and we would very much like the Council to accept them."@en1

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