Author (Corporate) | European Commission: Press and Communication Service |
---|---|
Series Title | Press Release |
Series Details | IP/00/1180 (18.10.00) |
Publication Date | 18/10/2000 |
Content Type | News |
In a Communication to the Council the Commission argues that more needs to be done to create an environment favourable to creating and sustaining new and innovative businesses in Europe. Member States are asked to act in three priority areas: (i) the easing of quantitative constraints on institutional investment in equity capital; (ii) the softening of bankruptcy laws to allow failed entrepreneurs a second chance (while affording adequate protection of creditors' rights); and (iii) the development of a fiscal framework more conducive to investment and entrepreneurship. |
|
Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/00/1180&format=HTML&rapid=0&language=EN&guiLanguage=en |
Countries / Regions | Europe |