Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-02-01-Speech-4-018"

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"en.20070201.3.4-018"2
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"Madam President, there are several reasons why the development of a European Private Company Statute is such a crucial project for accelerating the economic growth of the European Union. Firstly, measured in terms of GDP growth, the rate of economic growth of the United States is more than twice that of the European Union. This has been the case for many years. In addition, the rate of economic growth of the countries of South-East Asia is several times higher than that of the Union. Secondly, many internal barriers still persist within the common market created by the free movement of capital, goods and services. Thirdly, the draft European Private Company Statute is aimed at small and medium-sized enterprises, which are the cornerstone of the economies of all the Member States of the European Union. Fourthly, a European Private Company would be a very useful instrument for the implementation of the Lisbon Strategy, which places great emphasis on eliminating obstacles to the development of European entrepreneurship. These reasons alone justify supporting the development of a European Private Company Statute. It is important, however, not to repeat the mistakes made when drawing up the European Company Statute. The market has refused to accept the European Company as a company form, despite the long and difficult process involved in developing this statute. An effort must therefore be made to ensure that the European Private Company Statute contains the minimum number of references to the national legislation of individual Member States, so that it is relatively flexible in nature and provides security for both owners and contractors."@en1

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