Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-10-Speech-2-984"
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"en.20090310.28.2-984"2
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"− (
) I voted against in the final vote with regard to the Statute for a European private company (SPE). The basic idea of introducing a common European company form for private companies is a very good one. It is a reform that is definitely needed.
The Commission’s proposal is very poor. The boundary between when national law is to be applied as opposed to the statute for a European private company is very unclear. A large proportion of companies’ rules and regulations are to be dealt with in their articles of association. Even if this may be a positive step for some companies, some issues are such that they must be clearly specified in the statute: for example, the boundary between the competence of the company as an entity and protection of minority shareholders. Moreover, the degree of employee representation within management is poor.
The SPE statute has been significantly improved during the Council’s ongoing negotiations, and I am still hoping that the final result will be good. However, it is not that proposal that we are to adopt a position on today. It is the Commission’s proposal, as amended by Mr Lehne, and that makes my decision quite simple: the lack of clarity and the problems contained in this proposal overshadow the positive aspects of the reform, and there is an imminent risk of us having a statute that will run counter to its purpose. Furthermore, in view of the positive progress that the Council has already made, support for this report would throw a spanner in the works with regard to the Council’s work.
It is not the Council’s proposal that we are voting on, it is essentially the Commission’s proposal. I have therefore chosen to vote against it."@en1
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