Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-07-03-Speech-1-120"
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"en.20060703.17.1-120"2
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"Mr President, I was very pleased to learn that work on updating company law and on the strengthening of corporate governance in the European Union was to continue. In my work as a lawyer, I have frequently encountered problems resulting from the failure to adapt company law and corporate governance to reality. I think that the Lisbon Strategy guidelines have contributed significantly to the progress made in work on this subject. We cannot underplay the role of small and medium-sized enterprises, which are the best motor for economies. It is therefore comforting to see that the Commission has also noticed the need to create the best possible environment for precisely this kind of activity.
We need to pay particular attention to an appropriate analysis of these environments. All barriers, including administrative ones, should be removed as soon as possible. I agree that the report we are debating should set out a plan for further action by the European Parliament concerning activities in the field of company law. There were no particular difficulties involved in implementing the 2003 Action Plan. Its main aims, such as increasing the effectiveness or competitiveness of companies and strengthening the rights of shareholders, are still relevant today.
However, we must take further action aimed at achieving the goals of the Lisbon Strategy, namely by showing our commitment to increasing employment, increasing competitiveness in industry and improving the conditions for entrepreneurship as well as, and this is particularly important, our commitment to supporting what is known as ‘Social Europe’. The Commission should not delay in presenting a Fourteenth Company Law Directive on the transfer abroad of registered offices of limited liability companies."@en1
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