The European Union has launched a new initiative aimed at making it easier for businesses to operate across the bloc, unveiling plans for a pan-European company framework designed to cut through legal complexity and energise the bloc's productivity.
The proposal – dubbed “EU Inc” – was presented by the European Commission on Wednesday as a practical step towards strengthening Europe’s economic position at a time when it risks falling further behind the United States and China. By offering companies a single, streamlined set of corporate rules, Brussels hopes to encourage firms to scale up more easily within the single market.
