EU Friday – 17 October
Welcome to Better Europe's weekly update on EU Affairs. 28TH REGIME FOR WORKERS OR FOR COMPANIES? It was a busy week for the 28th regime, the new European company law statute that the Commission plans to propose next year. Intended primarily for “startups and scaleups”, some pressure groups want it to apply to all companies to create an “EU Inc” while trade unions and NGOs warn it’s a Trojan Horse that could become our version of the Delaware company. Parliament rapporteur René Repasi seemed to be aligned with this view in this week’s debate, where he said that without strong safeguards the regime could allow businesses to circumvent national labour laws and erode workers’ rights. In good German social-democrat tradition, he underlined the need for codetermination, social protections and anti-abuse…
