In the chic Bálna building of #Budapest, Hungary’s presidency hosted an informal gathering of political directors. The star of the show? None other than Mario #Draghi, who gave a sneak peek of his forthcoming report at Wednesday’s Permanent Representatives Committee meeting.
As for #ChatControl? Still radio silence (Governments will discuss 'progress' on October 10th/11th).
But hey, it’s becoming glaringly obvious why #Europe’s slowly signing its own death warrant.
Smooth sailing? Not exactly.
"#Regulatory barriers to scaling up are particularly onerous in the tech sector, especially for #young #companies. Regulatory barriers constrain growth in several ways. First, #complex and #costly #procedures across fragmented national systems discourage inventors from filing Intellectual Property Rights (IPRs), hindering young companies from leveraging the Single Market. Second, the EU’s regulatory stance towards tech companies #hampers #innovation (…)”.
#Congrats. 😑🤬