Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-490-000"
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"en.20120613.29.3-490-000"2
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"Mr President, I am going to pick up on what Ms Andersdotter just said about competition between Member States and not between individual companies. I find this completely normal as the countries in the European Union differ greatly from each other, mainly due to the fact that, for instance, companies from Mr Lehne’s country, Germany, are much more au fait with the provisions of European company law than companies may be in Bulgaria, for example, which has been a member of the European Union for just five years.
This is why, when talking about a common European framework for European company law, specific features in the newer Member States, which may not be as competitive as a founding state, for example, also need to be looked at. When new changes or a new regulation are planned, a great deal of attention needs to be paid in case companies in a particular new Member State are being repressed by this law and more opportunities are being given to companies from an old Member State, which have the appropriate expertise to operate in the field of company law.
This is why I recommend that the Commission takes into account the individual Member States’ national characteristics and does not introduce complete liberalisation, even though, in order to actually achieve economic growth, companies need to be given greater freedom, instead of us imposing further frameworks on them."@en1
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