Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-366-812"
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"en.20120703.18.2-366-812"2
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"The effects of the economic and financial crisis which has been plaguing the EU have contributed significantly to increasing economic and social disparities between Member States and regions, including a huge imbalance in the distribution of investment. Until recently, this area was dependent on bilateral treaties, with a large number of agreements, causing massive fragmentation and contributing to a lack of uniformity in the treatment of investors in the EU, and in their level of growth. As the Treaty of Lisbon has granted the EU exclusive competence in the field of foreign direct investment, it will be responsible for setting out an international investment policy that increases competitiveness and contributes to achieving the objectives set out in the Europe 2020 strategy for smart, sustainable and inclusive growth.
A comprehensive common policy on investment should be developed that can provide investors with greater legal certainty and a predictable and stable framework that is fair and properly regulated. It is important to make Europe a more attractive space for investing and working, creating the necessary conditions for businesses to enjoy a climate of open competition. This will have a significant effect in terms of increasing productivity, with a positive impact on growth and employment."@en1
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