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Wednesday, 22 April 2009 - Strasbourg OJ edition

Credit Rating Agencies - Reporting and documentation requirements in the case of merger and divisions - Insurance and reinsurance (Solvency II) (recast) (debate)
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  Călin Cătălin Chiriţă (PPE-DE), in writing.(RO) I would like to say that I welcome and support the proposal for a European Parliament and Council directive amending previous directives on reporting and documentation requirements in the case of mergers and divisions. I particularly welcome the concrete measures proposed for reducing the administrative burden which needlessly disrupts the economic activities going on in the European business sector.

I support the objective of this initiative to help boost the competitiveness of companies within the EU by reducing the administrative burden imposed by European directives in the area of commercial company law, where this reduction can be achieved without having a major adverse impact on the other parties concerned.

I strongly advocate the effective application of the action programme approved by the European Spring Council in March 2007, aimed at reducing the administrative burden by 25% by 2012.

I believe that European firms and citizens greatly need a reduction in the red tape imposed by the Community acquis and certain national legislations.

 
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