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by wwwwwwwww 2002 days ago
It's always been normal in the EU. There is little innovation here based on private risk taking, almost no venture capital, and huge barrieres for banks to lend money to innovators.
1 comments

The fact that its practically impossible to legally invest and create a business in the EU makes that almost inevitable
EU haters much, eh? It takes 30 mins to 3 hours to establish[1] an LLC in EU (Estonia).

[1] https://investinestonia.com/business-in-estonia/establishing...

I have 2 legal entities in 2 EU countries, you are free to invest any time.
EU has very limited to no impact how businesses are created. Some member states are more flexible (Estonia) than others (probably a long list).