5 ways the EU’s bold new startup plan could boost its tech ecosystem

The European Commission has unveiled ambitious plans to simplify regulation and attract more tech startups, aiming to make the EU a global leader in innovation. Under the new Strategy, the bloc is focusing on creating a "28th regime" to ease compliance for businesses across member states, introducing a digital ID called the European Business Wallet to streamline interactions with authorities, and proposing measures like the Savings and Investments Union to bridge funding gaps between Europe and the US.