Climate change - Image by Satheesh Sankaran from Pixabay

Europe has to create a well-functioning Savings and Investment Union to mobilise private investments. However, it will depend on the willingness of Member States to go the extra mile for necessary harmonisation steps in taxation, company law, insolvency procedures and supervision.

Ballet culture - Image by Evgen Rom from Pixabay

There were 2.03 million cultural enterprises in the EU in 2022, representing 6.3% of all businesses within the business economy (industry, construction and market services).