Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-03-12-Speech-1-168"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2007-03-12"^^xsd:date2
dcterms:Is Part Of	lp_eu:Prudential assessment of acquisitions and increase of shareholdings (debate)2
dcterms:Language	"mt"^^xsd:language2
lpv:document identification number	"en.20070312.21.1-168"2
lpv:hasSubsequent	lp_eu:2007-03-12-Speech-1-1692
lpv:speaker	lp:Joseph Muscat2
lpv:spokenAs	substitute; IMCO (2007-01-31--2008-09-30)3 vice-chair; ECON (2007-02-01--2008-09-30)3 vice-chair; Delegation for relations with Belarus (2004-09-22--2007-03-13)3 substitute; Delegation for relations with the countries of south-east Europe (2004-09-15--2007-03-13)3 member; PES (2004-07-20--2008-09-30)3 unknown; Partit Laburista (2004-07-20--2008-09-30)3
lpv:translated text	"The obvious result of this work is that we now have a clear timetable for how long regulators will take to carry out a procedure in the field of takeovers, and I believe that the remarkable result we have achieved is due to the excellent work of Mr Klinz and to the work we did together. As with any compromise, we would obviously have all liked some things to have happened differently. However, I feel that we have achieved a very good result. I wholly agree with Mr Purvis that we now have a specific number of days at the end of which a decision will be taken regarding takeovers, and this is the greatest achievement that has taken place during these negotiations. I also believe we have improved on the work of the Commission because we are giving the regulators the time needed to do their work. It is futile to try to exert pressure in order to shorten the amount of time required to take a decision if this ultimately leads to a situation of more haste, less speed. In this field, I believe that regulators, especially the small ones with fewest resources, must be given all the time they need in order properly to come to considered decisions on important matters such as this. I believe that this is an extremely judicious step towards achieving a transparent and European perspective in this field. Finally, although it is, unfortunately, technically impossible to include them in this legislation, the aspects we must take into consideration in advance include the social and corporate governance perspective in the field of takeovers. This is not strictly related to the field of legislation, but it is an area that our citizens are asking us to consider in depth."@en1

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