Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-14-Speech-4-295-000"

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"en.20120614.22.4-295-000"2
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"− I supported the motion for a resolution because I, too, believe that setting company law right would facilitate the development of enterprises on an EU-wide scale, which is in the interest of both shareholders and consumers. The field of application of company law is changing, and therefore we must also consider how best to adapt the regulatory framework to this change. I believe that at this point our primary objective should be to promote the mobility of European Union companies. The reason behind this is that we must avoid a situation where legislation adopted in the future impedes the functioning of the internal market. I would like to point out that we should further simplify the procedures and requirements applicable to service providers on the internal market, because this would facilitate considerably the elimination of legal and administrative barriers. This is based on my belief that by making it easier to found European companies and facilitating companies’ cross-border activities we are doing a great deal to improve the competitiveness of European economy. Company law has played a fundamental role in the implementation of the single market, but it needs to be further examined and reviewed to determine whether the existing regulatory framework still suits the social needs of the twenty-first century and the changes in the economic environment."@en1

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