Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-14-Speech-2-150-000"

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"Mr President, this report on interconnection of central, commercial and companies’ registers seems to incorporate the primary aims of the single market. The existing system of having separate national regional business registers has proved quite cumbersome over the years and has often seen a great variance in the type and quality of data being stored. This can make it difficult to interpret for businesses hoping to engage in cross-border trades as data cannot always be relied upon. The proposal to create a single EU register for businesses to provide a platform where companies themselves can access information on other EU companies – thus facilitating cross-border trade – is one that I can support. It could potentially save time and money for European businesses as trading partner information would be accessible in a more efficient and timely manner. Importantly, this proposal needs to ensure no additional burden of red tape is placed on our companies whilst facilitating the overarching objective of completing the single market."@en1
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