Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-08-Speech-3-422-250"
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"en.20110608.20.3-422-250"2
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"I voted in favour of this report. In the wake of the global financial crisis, it is very important to realise the full potential of the Internal Market, and thus help meet the strategic goals of the Europe 2020 strategy. Today, owing to many factors, including a failure to implement existing single market legislation, the Single Market remains fragmented. Consumers have no confidence in cross-border commerce and companies face huge administrative and legal difficulties if they want to expand their activities in other EU Member States. Divergence of contract law at national level leads to additional transaction costs, legal uncertainty for companies and a lack of consumer confidence in the Internal Market. It is partly for these reasons that consumers and enterprises, particularly small and medium-sized enterprises (SMEs) with limited resources, avoid cross-border transactions, which prevents the creation of a competitive Internal Market. I agree with the report’s call to take action and propose methods of harmonising contract law practice at EU level, which would ensure equal and fair conditions for market participants."@en1
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