EU ministers raise concerns over EU Inc startup proposal during Council meeting
By
Euractiv
Slow-proofed and worth the wait. Worth its weight in flour.
Summary
EU ministers raised concerns about the proposed EU Inc project — an EU-wide business entity aimed at helping startups — during a Council meeting in Brussels. While the core idea is widely popular, several key friction points emerged as ministers and capitals examined the details. The European Commission pitched the project in March as a centerpiece of Ursula von der Leyen's strategy to accelerate the EU's sluggish economy.
Key quotes
· 3 pulledMinisters poked several holes in the proposal for EU Inc – an EU-wide business entity – during a Council meeting in Brussels on Thursday.
Ursula von der Leyen has repeatedly positioned the project as a centrepiece of the EU's drive to speed up its sluggish economy.
Ministers pointed to issues that had already arisen as friction points in prior t
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