EU Member States Support New 'Pan-European' Company Establishment Plan

Kathmandu. European Union (EU) member states on Friday supported a new plan to establish a 'Pan-European' company. This plan is expected to facilitate the expansion of startups based on innovative ideas and also help in controlling economic crime.

'EU Inc.', named this proposal, is seen as an important initiative to increase Europe's competitiveness and create a business environment that can compete with the United States and China.