Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-07-Speech-2-954"
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"en.20100907.24.2-954"2
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"When we talk about the internal market, we have to understand that one of its consequences is increased cross-border trade. This is desirable and should be encouraged, but it brings with it the need to provide the public with official and reliable information on the companies that are active within the EU. A lack of uniformity between the data included on different business registers means that there is also legal uncertainty. This benefits neither businesses nor consumers in the EU. It is therefore necessary to create a centralised European portal which holds the data records for all the Member States in a standardised way.
This will increase transparency, efficiency and legal certainty, and reinforce the trust of the 500 million European consumers, which is vital if Europe is to recover from the crisis. Finally, and closely following the Committee on Economic and Monetary Affairs, I would like to reiterate the need for the new system or portal to avoid becoming an extra administrative burden on European businesses. This system should ease the lives of all market players, not represent one more bureaucratic hurdle to jump over."@en1
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