Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-201-000"

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"en.20110705.34.2-201-000"2
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"Mr President, in order to increase the harmonisation of the European market and ensure that it functions in accordance with common values and rules, it is quite certain that we urgently need to adopt the appropriate updated European legislation. Cross-border investors must enjoy the same level of protection across Europe, and harmonising the compensation limit for investors would help to avoid the exploitation of the differences between Member States. I think that the rapporteur’s recommendation to add the risk principle to the Investor Compensation Scheme Directive is an interesting idea. This would mean that each member’s contribution to a scheme would be determined on the basis of the extent of the risk assumed by that entrepreneur. I supported the adoption of this report. Thank you."@en1
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