Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-08-Speech-3-428-000"

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"en.20110608.20.3-428-000"2
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"Contract law determines and organises transactions in the Single Market. By selecting the right way forwards in the area of contract law, it is possible to contribute in a significant way to the better functioning of the Single Market and to making its full potential available to businesses (especially small and medium-sized ones) and consumers. Bearing in mind the fact that every initiative in the area of contract law will have to respond clearly to the actual needs and problems of businesses and consumers, I take the view that any justification in this area will have to be based on practical evidence relating to the current situation in contract law and any difficulties encountered by businesses and consumers, particularly in cross-border transactions. The broad and balanced involvement of the participants is of fundamental importance. It will be particularly decisive during the legislative process, and all available resources will be required in order to ensure inclusivity and transparency. We need diverse impact assessment, drawing on a broad range of policy options and focusing on the practical issues that are important for the operation of an optional instrument."@en1

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