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EU Inc. Supporters Urge EU To Preserve Core Rules For New Company Model

As the EU moves closer to its own version of Delaware’s corporate model, supporters of the EU Inc. campaign are warning lawmakers not to weaken the proposal.

An open letter released Thursday calls on EU institutions to preserve the core design of the proposed company statute. Backed by the EU Inc. campaign, the initiative would create a harmonized legal framework allowing companies to incorporate once and operate across the bloc with less administrative friction.

Supporters Warn Against A Weakened Compromise

Senior European officials have already backed the initiative, but negotiations between the European Parliament and Council remain underway. Supporters fear national interests could remove features that would make the framework useful to founders and investors.

With about 100 days remaining before the EU institutions’ winter recess, signatories say the proposal could reduce fragmentation, unlock investment and support entrepreneurship if its core provisions remain intact.

Details Could Determine Whether EU Inc. Works

National interests are already shaping the negotiations. Germany’s notaries have criticized parts of the European Commission’s proposal, highlighting the competing priorities involved in EU lawmaking.

The campaign is particularly focused on creating a single central registry and taxing employees on stock options only when they sell their shares. Supporters argue that such provisions could determine whether founders actually choose to use the new legal structure.

Last year, Martin Mignot, a partner at Index Ventures and EU Inc. supporter, warned that “the devil is in the details” and said advocates would closely monitor the final legislation.

Investors And Founders Back The Campaign

The latest letter includes investors such as Sonali De Rycker of Accel, Michael Moritz of Sequoia and Niklas Zennström, founder of Atomico.

Entrepreneurs from companies including Alan, ElevenLabs, Lovable, Mistral and Synthesia have also signed. Some of those businesses are headquartered in the US, reinforcing the campaign’s argument that Europe needs a corporate framework capable of supporting fast-growing companies on the continent.

Europe’s Deadly Summer Heat Exposed The Cost Of A Warming Continent

Europe experienced its deadliest summer for heat-related deaths on record in 2026, with an estimated 24,400 excess deaths linked to extreme temperatures across 30 countries. Researchers estimate that human-induced climate change was responsible for around 32,000 of the deaths attributed to heat in the study’s broader analysis, accounting for 65% of the total.

The findings highlight the growing public-health consequences of global warming, largely driven by fossil fuel use, as extreme heat becomes more frequent and severe.

A Summer Of Dangerous Heat

Between June and August, heatwaves pushed temperatures in Western Europe to an average of 2.9°C above the 1991–2020 norm, with some days reaching 12°C above average. Nearly a third of estimated heat-related deaths occurred during a particularly intense heatwave between 17 June and 1 July.

“These numbers are a stark reminder that our hotter, more extreme summers are having an increasingly severe impact on public health,” said Dr Clair Barnes, a researcher at Imperial College London and co-author of the study.

The estimated toll exceeded previous peaks of around 29,000 deaths in summer 2022 and 28,000 in 2003 across the region studied.

How Researchers Estimated The Toll

Researchers modelled the relationship between temperature and mortality across 854 urban areas in the EU, UK, Norway and Switzerland, covering around 40% of the population in the 30 countries studied.

The analysis incorporated temperature records, age, socioeconomic conditions, environmental factors and access to healthcare. By comparing actual temperatures with those expected without human-induced warming, the team estimated the additional deaths attributable to climate change.

Final official mortality figures for summer 2026 are not yet available in many countries, and heat-related deaths are often underreported because their effects can be difficult to identify directly.

Older People Face The Greatest Risk

People aged 85 and over accounted for roughly half of the estimated deaths. However, the impact extended across age groups, with around 800 excess deaths among adults aged 20–44 and approximately 6,000 among people under 65.

Southern Europe experienced the highest mortality burden, reflecting hotter temperatures and other vulnerabilities, including air pollution, limited green space and unequal access to healthcare and heat-alert systems.

Italy, France And Spain Record Highest Toll

Italy recorded an estimated 13,303 heat-related excess deaths, followed by France with 7,268 and Spain with 6,824. Germany recorded around 6,340, while the UK saw an estimated 4,354 deaths.

In the UK, the heat also placed significant pressure on healthcare services. Andrew Hartle, Professor of Practice of Anaesthesia at Imperial College Healthcare, said demand during the summer resembled that of a severe winter virus season.

Cities Urged To Strengthen Heat Protection

Researchers say cities can reduce the risks through climate shelters, external shading and building retrofits, alongside measures to help residents avoid exposure during the hottest hours. Checking on vulnerable people, staying hydrated and following heat alerts are also important.

The researchers stress that adaptation must go hand in hand with reducing fossil fuel use to limit further warming. The findings underline that extreme heat is already a major public-health threat across Europe, with thousands of lives at risk each summer.

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