In Davos last week the EU Commission said it was pressing on with the introduction of a new type of European corporate entity, called EU Inc, which would be recognised in all 27 member states. It would create a single, harmonized set of EU-wide rules for company law, insolvency, staffing, and tax and could save a lot of money.It’s often referred to as the 28th regime and our own Michael McGrath is pushing it forward to simplify doing business is a bloc famed for red tape. The person who came up with the term EU Inc is the German entrepreneur and investor Andreas Klinger who joined Joe this morning.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.