Stripe, Wise founders want a 'tech renaissance' in Europe to help region rival Silicon Valley
Publishing timestamp: 2024-10-14 10:50:09
Summary
Founders of major European tech companies sign open letter calling for creation of "EU Inc," a single pan-European entity to promote startups and innovation in the EU. The initiative aims to streamline regulations, simplify cross-border operations, and attract more capital to help European startups compete globally. Former European Central Bank President Mario Draghi has also called for increased investment to boost EU's competitiveness.
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