Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-10-21-Speech-2-237"

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"en.20081021.36.2-237"2
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". Madam President, ladies and gentlemen, I voted in favour of Mr Medina Ortega’s report on the protocol on the application of the principles of subsidiarity and proportionality. The European Union should aim towards standards of clarity and efficacy within the regulatory framework. Since improving legislative procedures can help us to achieve these goals, and given that the principles of subsidiarity and proportionality are two of the cornerstones on which the Community is built, especially where it does not have exclusive legislative competence in a particular area, I commend the Committee on Legal Affairs for its tireless work in ensuring that Community legislation is based on quality, through simplifying the and not on quantity. Furthermore, I too have my doubts about self-regulation and co-regulation procedures; the current financial crisis on the markets can in part be attributed to them. Regulation remains the simplest way to pursue the objectives of the Union and to bring legal certainty to businesses and to citizens."@en1

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