Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-10-25-Speech-4-207"

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"en.20071025.28.4-207"2
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". Mr President, Mr Lehne has in essence given the view held by the members of the Committee on Legal Affairs. He has done so on behalf of the European People’s Party Group, and I shall do so on behalf of the Party of European Socialists. Our concern at present is, as Mr Lehne has said, that we are relying too heavily on judicial development of the law, in other words, on development through the case-law of the Court of Justice. The case-law of the Court of Justice fills in the gaps left by the secondary law of the European Union, but we do not have secondary law. The Treaties are very general in nature and provide for certain fields and give rise to various interpretations and do not at present facilitate the establishment of the internal market. Our proposals are bi-directional, as Mr Lehne has pointed out, firstly they support the offer made by the Commission to submit a proposal for a directive on the European private company which would clearly do a great deal to help establish free movement within the European Union, and secondly to try to continue pushing in the field of company law by pressing for a new directive, the fourteenth, which could ultimately supplement those provisions. I share Mr Lehne’s concern that, if we do not adopt provisions on the transfer of company head offices, then we would in fact be leaving a legal loophole open because mergers are a different matter and do not fall fully into this category. We hope the Commission can include this type of activities in its work programme. First, I hope that during 2008 and, if possible, before 30 June, the proposal for a directive, the Directive on the European private company statute, will be on the table, and, secondly, it is to be hoped that the Commission does not give up on the idea of continuing to develop company law in fields such as freedom of establishment and change of domicile for companies. That is the end of my speech."@en1

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