🇪🇺 What's your idea to save Europe?

You can post your ideas on how to save Europe here and others can vote on it

Ideas from here are used for the manifesto on euacc.com which are all fully crowdsourced by you and presented to politicians

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💪 May the best ideas save Europe!

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European Venture Fund instead of H2020

The problem: Something like 40% of companies who got Horizon2020 funding and that are sold, are sold off to investors outside of the EU, taking upside and talent with them. Grant making organisations like the H2020 or their money distributors are disconnected from the market, making poor investment decisions into projects that should not be funded in the first place (or would never get money on the public market). Success rate of H2020 funded companies is IIRC about 3x less than the public market. There is no incentive to be better for those grant making organisations. They don’t use their own money. No skin in the game. No reward if things go well, no punishment if not. Europe’s VC ecosystem is very risk averse for a variety of reasons like tax regulation and culture making check sizes usually very small compared to e.g. US and China. Potential solution: A pan european network of venture funds or matching pools that have backing by European public funds, and to which the EU becomes a key shareholder to - not in the funds, but in the companies that are invested into. What this would do: Ensure the market driven and competition focused allocation of funds Give EU VCs more ability to take big bets Europe keeps benefitting from companies’ future profits/growth even if sold outside of EU A foreboding example: If we compare Saudia Arabia with Dubai we might see how things play out if we primarily keep giving grants to people. Dubai is managing to develop an economy outside of the dependence on oil. They do that by stepping in as a co-investors in projects that have market driven private funding secured. Saudi Arabia on the other hand is projected to have a risk of bankruptcy because their model is a centrally planned “grant making”-first approach for mega projects by MBS that are missing out on key market driven validation of those projects. This feels similar to the grant-making vs. investment approach of the EU vs US.

eu/acc

25 days ago

Strategy for success

The West is a global minority, and we are setting ourselves up for failure through self-imposed regulations and the distorted incentives they create. We make manufacturing difficult at home while allowing unrestricted trade with countries like China that face none of the same regulatory burdens, especially on CO₂ and environmental impact. Every factory that closes here only to reopen in China represents a loss of jobs, tax revenue, social-security contributions, expertise, and dual-use industrial capacity. It is absurd that I can order from Tencent with no taxes, tariffs, or shipping costs, yet cannot do the same when ordering from Amazon in the United States. TL;DR: The West needs more free markets inside, but firm realpolitik and protectionism outside. We must take transatlantic trade integration seriously. We need to create jobs at home and ensure we are never dependent on China as a sole supplier of anything. We must discourage publicly listed Western companies from deepening investments in China, because national security matters more than short-term profit growth. Yes, competition and free markets are essential, but not when they enable China to gain strategic dominance. PS: “The West” includes not only North America and Europe but also democratic countries with similar institutions, such as Japan and South Korea.

eu/acc

2 months ago

1

Tax crypto holdings when sold, not when exercised

Europe should harmonize crypto tax policy on crypto holdings to tax them only when sold to fiat / services, not when exercised (like in France!?!), so that it can compete globally in attracting top talent and entrepreneurs. Taxing crypto holdings at the point of exercise creates significant financial pressure for employees, founders and users, who may not have liquid assets to cover the tax. This discourages risk-taking, limits the appeal of startup equity, and ultimately stifles innovation. Aligning taxation with when gains are realized (at the point of sale) would better reflect actual income, reduce financial risk, and level the playing field with countries like the US, which already implement such policies. This harmonisation would means Europe can attract the top talent in Europe and worldwide to launch and join crypto startups in Europe.

eu/acc

2 months ago

1

EU wide tax free investing account

The idea is to implement an EU-wide, UK-style Roth ISA, where you can invest up to a certain amount without paying any taxes on it, including on sales and dividends. This would be especially useful for addressing the retirement crisis and for helping Europeans build wealth from a young age. Why a limited amount? Because unlimited contributions would never be approved. However, even a cap of around €20,000 per year would be revolutionary. Why EU-wide? Because it would incentivize Europeans to invest in European companies and startups. This system would also bring several key benefits: it would give young people greater financial independence by encouraging long-term saving habits, provide more capital for European innovation by directing investment toward EU companies, create a unified internal market for retail investing instead of today’s fragmented national systems, and reduce brain drain by making Europe more attractive for young talent who want better ways to build wealth at home.

eu/acc

2 months ago