Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-09-03-Speech-1-085"

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"Mr President, I should like to start my remarks by referring briefly to comments from the other side of the House, from Mr Medina Ortega, who complained about what this legislation does not do, with particular reference to social harmonisation and tax harmonisation – omissions which I personally welcome. But from our different positions across the House we should not really complain about what this legislation does not do. We should be happy about what it does do, which is to enable a European company statute to come into force after 30 long years. As has been said, this is voluntary. We do not know at this stage how many companies will be interested in starting up such companies, nor what flaws they might find in the legislation if they do. We do not know what companies might be interested but are deterred from starting up such companies, again because of flaws in the legislation. Other changes might be needed. I discussed with one of the rapporteurs, Mr Menrad, the idea of putting into his report an amendment that this legislation should be looked at again within a reasonable period of time to see what improvements might be needed in the light of experience. He was happy to support this, but very wisely suggested that any such amendment should be put into the main body of the statute report, in other words, the Hans-Peter Mayer report. On that basis I did not table any such amendment here but would highlight Amendment No 16 in the Hans-Peter Mayer report which specifically covers all issues, therefore including consultation issues. Too often EU laws get set in stone. We need to become much lighter on our feet. This should become the rule rather than the exception."@en1
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