A new era of EU-wide crowdfunding

The European Parliament’s negotiating team reached a deal with the Council on 18 December 2019 on EU-wide rules to help crowdfunding services function smoothly and to foster cross-border business funding. Crowdfunding is progressively more of an alternative form of finance for start-ups, as well as for small and medium enterprises (SMEs) at an early stage of company growth. Its latest method is the Initial Coin Offering (ICO), where companies can execute the crowdfunding via cryptocurrencies.

EU plans to ban plastic packaging

The European Commission plans to ban plastic packaging in the European Union by setting stricter standards for manufacturers in order to reduce the plastic pollution, thus forming the ground of a greener Europe.