EU

European Commission President Ursula von der Leyen announced the EU-INC initiative at the World Economic Forum, aimed at simplifying company formation across the EU. The proposal seeks to eliminate legal fragmentation, allowing startups to operate under a single online system by 2027.

The German government, represented by a spokesperson from the Federal Foreign Office, has reiterated its opposition to reopening diplomatic channels with Russian President Vladimir Putin amid ongoing discussions among European leaders on negotiating an end to the war in Ukraine.

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