Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-08-Speech-3-421-500"

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"en.20110608.20.3-421-500"2
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"I voted in favour of this resolution on the Green Paper from the Commission on policy options for progress towards a European contract law for consumers and business. Contract law determines and organises transactions within the Internal Market; its potential for both hindering and facilitating those transactions is therefore obvious. Choosing the right way forward in the area of contract law can make a significant contribution to improving the functioning of the Internal Market and opening up its full potential for businesses, in particular SMEs, and consumers. The potential benefits of European contract law to the Internal Market have been discussed for a good many years. The EP pronounced itself for the first time on the issue in 1989 and, with this resolution which the EP adopted today, it intends to respond to the recent Commission Green Paper on European contract law, and to set out the Parliament’s priorities in this area. I support the view of the rapporteur that the option of setting up an optional instrument (OI) for European contract law by virtue of a regulation is to be favoured. It could be complemented by a ‘toolbox’ for Commission and legislator which should be implemented by an interinstitutional agreement."@en1
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