Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-12-Speech-1-148-000"

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"en.20120312.19.1-148-000"2
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"Mr President, Commissioner, ladies and gentlemen, there are almost 450 000 international successions opened each year in the European Union, for a total value, as has already been said, of over EUR 120 billion. Nonetheless, there are still numerous difficulties for citizens to face to establish which State, and which authorities shall have jurisdiction in matters of succession. To that we should add that most Member States do not allow the citizen to choose the jurisdiction applicable at the time of succession. There are also numerous questions arising regarding the judicial recognition of official notarial acts in a Member State other than the one where they were drawn up. These serious shortcomings, these tangible needs on the part of European citizens, are addressed by the regulation which we are about to adopt, and in doing so, ladies and gentlemen, we are not approving a classic piece of legislation, but rather we are creating an instrument to regulate a crucial aspect of institutional organisation within every society: indeed, the concepts of inheritance and succession as well as the rules governing its effects and individual details have huge repercussions for the organisation of any society. For that reason, I would like to sincerely thank everyone who contributed to this challenging project and in particular Mr Lechner for his work and for his efforts during the difficult legislative process that is now coming to its conclusion. I thank him first and foremost on behalf of those millions of European citizens who will benefit from a tool that fully meets their needs and makes a substantial contribution to the process of European integration. Thank you."@en1
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