
European Commission President Ursula von der Leyen presented the EU-INC at the World Economic Forum in Davos. Europe’s plan to radically simplify startup operations across the bloc and improve the EU’s competitiveness against the US and China’s tech.
Ursula von der Leyen endorsed the initiative, legally designated as the ‘28th Regime’, since it would act as a de facto “28th state” where founders can register companies.