Local view for "http://purl.org/linkedpolitics/eu/plenary/2014-03-11-Speech-2-708-000"
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"en.20140311.71.2-708-000"2
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"Madam President, data is the life blood of modern society. It powers every new piece of technology, every innovation. It powers manufacturing, social media and what we buy online. Our history, opinions and personal information are increasingly shared, exchanged and profited from. However, with progress and profits must come protection. Businesses, consumers and the individual are currently contending with 28 different legal regimes, different systems and different mechanisms for appeal and redress.
A new era of technology requires a new era of data protection law. We can now take a step forward in the completion of the Single Market and the digital economy and help attract investment into the EU. But we must apply common sense. We cannot place the same level of administrative burdens on local, small businesses as on multinational companies which deal with massive amounts of personal information. We do not want to deter those scientists and researchers who are finding new cures for terrible diseases and ailments every day. We must not scare off foreign investment in the EU by setting impossible standards.
However, I do not agree with some of the proposals which the European Commission has made, although I believe the final compromise between political groups has signalled the start of finding a proportionate and workable way forward, and I commend the general approach of this House."@en1
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