Seven European countries match US in startup laws, report says


Former European Central Bank chief Mario Draghi. — Reuters

STOCKHOLM: Seven European countries have changed their laws to increase employee ownership in startups to rival the United States in attracting talent and investment, while other countries are lagging, a report by venture capital firm Index Ventures finds.

While stock options were integral to Silicon Valley’s success, Europe has been hampered by bureaucracy and by taxing employees too early, among other restrictions.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
European Union , EU , European , Mario Draghi , Europe

Next In Business News

OCBC to offer physical gold trading, storage in Singapore
Indonesia's FX reserves slide to two-year low, sparking concern�
US allegations of forced labor refuted
Chipmakers drag South Korea, Taiwan stocks lower as investors unwind AI bets
Liftech to raise RM23mil from ACE Market IPO
Yuan brushes off dollar strength, trade data eyed
Supply crisis to push costs beyond oil prices, whole-of-nation response needed
How a few AI chip giants warped Asia's stock picking game
Bursa Malaysia falls at midday as regional sell-off weighs
Sirim appoints Nik Sazali Nik Hussin as president and group CEO

Others Also Read