Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-15-Speech-2-434-933"

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"This recommendation follows in the wake of a study prepared by this Parliament on an attempt to identify specific areas relating to insolvency amongst the various bodies of national law that could be harmonised. There is, without a doubt, a clear interest in exploring the conclusions presented therein, as well as in the proposals subsequently drafted by the rapporteur. However, I should like to stress that, while such harmonisation resolves potential conflicts on international insolvency law, it is not enough on its own. As such, there needs to be an improved EU coordinated approach and an agreement between the Member States enabling more efficient mechanisms for coordinating processes."@en1

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