Founder Urges Europe To Permit Delaware Incorporation For Businesses

Not Delaware, which has squandered their position. Texas or Nevada. But the bigger issue is getting EU-wide laws around labor, bankruptcy, UCC/commercial, permitting, etc. Even more controversial, welfare and pensions (which I doubt the national governments would ever give up). The Single Market project has stalled, as Draghi has noted, and there’s 50-100bps of annual growth that’s been left on the table by fixing this. The biggest failure of Brussels is in focusing on the wrong things, and not the handful of projects that would boost growth.