Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-09-25-Speech-4-040"
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"en.20030925.4.4-040"2
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"Mr President, I should like to support the proposals in the Perry report, but first I should like to point out that Commissioner Bolkestein has indeed provided a great deal more recent information and clarification on the subject. However, the problem remains, as my honourable friend Mr Koukiadis has highlighted in such a proper and constructive manner, that we do not have clear answers to the following: the British government was obviously very late in transposing into national legislation the directive which should also have applied in Great Britain to the issue of the private insurance which would also cover the Lloyd's case. Similarly, there is doubt as to whether it transposed it correctly. In addition, questions arise as to if it is applying it correctly and consistently ensuring it is complied with.
A large number of names, who are, as it were, the shareholders – it is a very particular regime – were obliged, because they were not informed or information was withheld from them and as a result of the omissions by the British government which I referred to earlier, to use all their assets to pay compensation for insurance risks of which they maintain they were ignorant. Thus, many of them were ruined, we are talking about huge assets, while despair led some of them to suicide. The victims include some of my fellow countrymen, Greeks, the dramatic protests of whom have been accumulating for 2-3 years now in my office and in the Committee on Petitions of which I also have the honour of being a member.
The efforts by the Committee on Petitions to be fully enlightened by the Commission about this tragic affair and by the British government – we have held a meeting
are not bearing fruit, at least not when it comes to informing us. Adequate answers are not being given to the questions which we have repeatedly formulated and this silence on the part of the British government, which refuses to notify its answers to the Committee on Petitions, has also been supported by the Commission. Thus, we cannot form a clear and full picture of exactly how this complex affair stands and to what extent there is responsibility by reason of negligence and/or abuse on the part of the British government as the result of delay, imperfect transposition and erroneous application of the directives on private insurance.
The above comments, which may wrong the British government and the European Commission, do not appear to have affected either one or the other to date. The European citizens believe that their voice should be heard and it is an opportunity to restore the credibility and validity of the European Union and of our institution vis-à-vis the citizens. If we move without transparency and without account being taken of the citizens' side, then we fail as a European institution at a crucial turning point in the overall development."@en1
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