Speeches - June 2013
Bank Recovery and Resolution Directive: Statement of Commissioner Barnier following agreement in ECOFIN Council
“I am very pleased that finance ministers of the Member States have managed a few minutes ago to reach broad political agreement on the future rules for how to restructure and resolve failing banks”. Statement by Commissioner Barnier.
Commissioner Barnier welcomes agreement on modernisation of public procurement rules and concessions
“I congratulate the European Parliament and the Council on having reached an agreement today on the reform of EU legislation on public procurement (...) and on the new Directive on the award of concession contracts”. Statement by Commissioner Barnier.
Statement by Commissioner Michel Barnier following today’s agreement on European rules on market abuse
“I welcome today’s endorsement by Coreper of the political agreement between the Council and the European Parliament on tougher rules to better prevent, detect and punish market abuse”. Statement by Commissioner Barnier.
“Today we have focused primarily on the financing of bank resolution. This is a very complex subject. With the help of the Irish Presidency, we have made considerable progress – but not enough to come to an agreement tonight”. Statement by Commissioner Barnier following the ECOFIN Council of 21/06/2013.
“For months now, there have been reports that the European Commission is trying to privatise water by the back door, through its proposal on concessions. This has never been the intention. (...) Despite all the changes to the legal text, (...) it is my judgment that the text we now have relating to water (...) does not provide the reassurances that citizens expect (...). That is why the best solution now appears to remove water from the scope of the concessions directive”. Statement by Commissioner Barnier.
Commissioner Barnier welcomes the trilogue agreement on the modernisation of the Professional Qualifications Directive
The European Parliament and the Council have reached an agreement today on the modernisation of the Directive on professional qualifications. “The modernisation of this directive is an important measure in our strategy to relaunch the European economy. In creating a more efficient system for recognition of professional qualifications, it will contribute to dealing with the labour shortage in Europe and will come to the aid of highly qualified job seekers, in particular the young”. Statement by Commissioner Barnier.
Commissioner Barnier welcomes European Parliament vote on the Accounting and Transparency Directives (including country by country reporting)
Statement by Commissioner Barnier: “I welcome today’s vote by the European Parliament on the new Accounting and Transparency Directives”.
“New capital requirements, supervision and resolution will bring back financial stability. But this is not sufficient to restore what Europe needs most: innovation, competitive industries, modern infrastructures and green growth. To achieve this, we need long-term investment”. Speech by Commissioner Barnier at the Economic Ideas Forum, Helsinki.
Crowdfunding: which framework(s) should be set up at the European level in order to embrace its potential while minimising its risks?
“It is too early to know whether crowdfunding is going to revolutionise finance, and even if it is going to continue to exist in its current form. Only one thing is for sure: if this encouraging phenomenon keeps its promises, Europe cannot afford to miss out”. Speech by Commissionner Barnier at the workshop on crowdfunding.