maven/eclipse message: No marketplace entries found to handle maven-compiler-plugin:2.3.1:compile in Eclipse

If eclipse throws a message like this:

No marketplace entries found to handle maven-compiler-plugin:2.3.1:compile in Eclipse

Check your maven configuration.
Go to menu, windows, preferences, type "maven" in the filter box, select "User Setttings".
Set your local repository references.

For example: