Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-19-Speech-2-558"

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"To start with, I think that I first need to thank the rapporteur, Mrs Weiler, for the good work she has done, because initially, it was not easy at all. Nevertheless, I think that we can be satisfied with the final form. Unlike the original Commission proposal, which seemed to me a little divorced from practice, this new amendment has managed to move closer to the reality that prevails in commercial and contractual relationships. The proposal also managed, in particular, to simplify and clarify what I consider a fundamental shift towards the better intelligibility of standards. If there is anything in particular that is worth highlighting, it is the fact that, unlike the original Commission proposal, we managed to retain the principle of contractual freedom in commercial and contractual relationships. At the same time, it is very good news that we managed to put through a provision which stipulates that European Union institutions have the same status as public authorities in the Member States. So, from now on, these institutions will have to pay on time, which will be particularly appreciated by the beneficiaries of European funding. I am also very happy that we managed to delete the very ridiculous provision that ordered public authorities which pay one day late to pay a flat penalty of 5% of the full amount owed in addition to the standard rate of interest for delayed payment. I do not need to emphasise the kind of impact that this provision would have on already strained public budgets. Once again, I would like to thank the rapporteur and my colleagues for the amount of effort they have put into finding a joint compromise on the form of this report. I think that it was energy well expended."@en1
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