Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-15-Speech-2-434-761"
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"en.20111115.27.2-434-761"2
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"The European Parliament’s proposal on coordination of safeguards required of companies, which finds expression in the amendments to the proposed directive, will significantly improve the scope of the law in this field. In its role as legislator, the European Union has done more in the field of company law than in any other area of private law. Using directives to harmonise legislation in different Member States reduces the risk associated with the existence of differences in the legal systems of different Member States. The protection of shareholders, creditors and economic partners and creating the right basis for an economic space without internal borders, in which the most important legal conditions applied to companies are the same, should be a priority for us.
Legislation which is adopted must not hinder the growth of European companies; it should, however, stimulate integration of the European internal market by guaranteeing firms a freedom of movement similar to that which exists in national markets. I hope that further work on harmonisation of the law in this area will tend to improve the position of firms and other interested parties, and also that implementation in this area will be carried out with ever greater efficiency."@en1
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