Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-13-Speech-4-164-000"
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"en.20120913.29.4-164-000"2
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"Mr President, I believe that I expected the Council to take a different view and that it would attempt to block this dossier. However, this dossier gives us the chance to have a debate on venture capital funds, especially about registering European companies off-shore. I believe that, with regard to SMEs, it is time for us to attempt, as part of the EU 2020 strategy, to have a very clear European framework and a method for supervising venture funds because they explain, if you like, the situation of the European Union’s financial market.
I believe that it is unacceptable, and we will have to investigate some day what the situation is regarding off-shore companies and their registration because, otherwise, we are being totally hypocritical in a way which requires us to help Member States, while large profits and huge sums of money from Europe are located in these off-shore funds."@en1
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