Common Frame of Reference: Towards a Nowadays European Identity in Private Law
Common Frame of Reference: Towards a Nowadays European Identity in Private Law

Summary/Abstract: The phase of elaborating the academic Common Frame of Reference approaches its end, while an outline edition of the academic CFR has already been published early this year, providing the basis for future discussion. Once created the CFR, it is envisaged, may help overcome the discrepancies existent in the field of private law in Europe, which in many respects affect the smooth functioning of the Internal Market. Another possible role of the future CFR may be to operate as a helping hand for the national legislator while transposing European legislation into national law. Furthermore, it may also serve as a helping hand when undertaking a comprehensive revision of domestic private law. Many of the new Member States are currently pursuing a general reform of their national legislation in the field civil law as a final closing act of the successful post-Communist political and economic transformation process. This article attempts to outline some functions and advantages provided by the DCFR for the national legislator (II), preceded by a brief presentation on the ongoing process (I) and followed by a conclusion on the prospects for the (D)CFR (III).

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