Companies often feel discouraged from doing business across the EU as dealing with 28 different tax systems (in different languages) requires a lot of time and resources. With a rapid growth of the digital economy this issue has to be discussed at European level.
Startups have been blossoming across Europe for a while now. Some of them have become success stories, some can call themselves a “unicorn”, many of them are not European any longer because were obliged to move outside Europe and/ or give up ownership to find the money to scale up.
Malcolm Harbour, MEP and EIF Governor, chaired the 10 July EIF dinner debate which centered on the topic of enhancing consumer satisfaction in online retailing.