{"id":659312,"date":"2025-03-28T21:29:05","date_gmt":"2025-03-28T18:29:05","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/landmark-eu-digital-declaration-sparks-call-to-cut-startup-regulation\/"},"modified":"2025-03-28T21:29:05","modified_gmt":"2025-03-28T18:29:05","slug":"landmark-eu-digital-declaration-sparks-call-to-cut-startup-regulation","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/landmark-eu-digital-declaration-sparks-call-to-cut-startup-regulation\/","title":{"rendered":"Landmark EU digital declaration sparks call to cut startup regulation"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2fc21ef334f\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2fc21ef334f\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/landmark-eu-digital-declaration-sparks-call-to-cut-startup-regulation\/#Hopes_and_fears_for_EU_startups\" >Hopes and fears for EU startups<\/a><\/li><\/ul><\/nav><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/img-cdn.tnwcdn.com\/image?fit=796%2C417&amp;url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2025%2F03%2FUntitled-design-56.jpg&amp;signature=414a065b50dcff0360824b58d4a1ee90\" \/><\/p>\n<div id=\"article-main-content\">\n<p><span style=\"font-weight: 400;\">A coalition of European startups has urged swift action to slash burdensome EU regulations after a <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/open.overheid.nl\/documenten\/3584843f-5293-404a-a94b-9f078db4ecbe\/file\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">landmark declaration<\/span><\/a><span style=\"font-weight: 400;\"> from the D9+ group of digitally advanced nations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The declaration stressed the need for \u201cremoving barriers\u201d and \u201csimplifying EU rules and procedures.\u201d Ministers from all 13 countries in the D9+ \u2014 Belgium, the Czech Republic, Denmark, Estonia, Finland, Ireland, Luxembourg, the Netherlands, Poland, Portugal, Slovenia, Spain, and Sweden \u2014\u00a0signed the statement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They emphasised the need for a \u201creviewed digital rulebook\u201d that is \u201cderegulated where possible\u201d and \u201cavoids unnecessary red tape.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A startup group has called for the ministers to back up their words with actions. The <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/s9plus.eu\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">S9+ Coalition<\/span><\/a><span style=\"font-weight: 400;\"> \u2014\u00a0founded to give startups a voice in the policy agenda of the D9+ \u2014 warned that Europe\u2019s \u201cexcessive and fragmented regulation\u201d has become a self-imposed barrier.<\/span><\/p>\n<div class=\"inarticle-wrapper channel-cta\">\n<div class=\"ica-text\">\n<p class=\"ica-text__title\">Robert Doornbos (FR driver), Pernilla Sj\u00f6holm (Tinder Swindler survivor) &amp; more<\/p>\n<p>Check out every speaker at TNW Conference including Hugging Face, ASML, OpenAI &amp; Datasnipper<\/p>\n<\/div>\n<\/div>\n<p><span style=\"font-weight: 400;\">\u201cIf this declaration is to matter, the next step is clear: D9+ countries must push their colleagues in the [European] Council to simplify, harmonise, and reduce the burden of EU digital regulation \u2014 and to make Europe more attractive for investment in innovation,\u201d Peter Kofler, chairman of S9+ member Danish Entrepreneurs, told TNW.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The S9+ argues that startups are the foundation of economic growth. The claim is based on solid ground. According to Dealroom.co, just 0.01% of companies create 34% of all economic value \u2014 and they all start as startups.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Europe, however, has struggled to turn promising companies into big businesses. Not a single EU company started from scratch in the last 50 years has a market capitalisation over \u20ac100 billion. In the same period, all six US companies with a valuation above \u20ac1 trillion were created.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hopes_and_fears_for_EU_startups\"><\/span>Hopes and fears for EU startups<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In recent years, Europe has fallen further behind the US in productivity and suffered from a declining share of global tech revenue. The continent\u2019s leading startups now often look overseas to scale. Between 2008 and 2021, almost 30% of European startups valued at over $1 billion <\/span><span style=\"font-weight: 400;\">relocated<\/span><span style=\"font-weight: 400;\"> their headquarters<\/span><span style=\"font-weight: 400;\"> abroad. The vast majority moved to the US.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Many of their issues in Europe are attributed to stifling regulation. GDPR, for instance, cost small IT companies over 12% of their profits, <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/oms-www.files.svdcdn.com\/production\/downloads\/Privacy-Regulation-and-Firm-Performance-Giorgio-WP-Upload-2022-1.pdf\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">according to<\/span><\/a><span style=\"font-weight: 400;\"> estimates by three Oxford University economists.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/s9plus.eu\/wp-content\/uploads\/2025\/03\/S9-DECLARATION.pdf\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">a declaration<\/span><\/a><span style=\"font-weight: 400;\"> of its own, the S9+ warned that \u201cEurope cannot regulate its way out of stagnation.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The declaration proposes concrete actions to tackle the problem. Among its recommendations are rapidly implementing <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/europe\/commission-wants-one-set-rules-across-eu-innovative-firms-2025-01-21\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">the 28th regime<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 a proposed single set of rules for the entire EU \u2014\u00a0and providing tech-friendly zones, with regulatory \u201csandboxes\u201d alongside a gradual increase in regulatory requirements.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">AI regulation\u00a0is a particular concern for the S9+. The coalition urged the EU to develop a regulatory framework that fosters AI innovation while ensuring fair and open data access. New compliance frameworks, the S9+ stressed, should be restricted to what\u2019s \u201cabsolutely necessary\u201d \u2014\u00a0and only introduced after consulting startups.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The S9+ also emphasised the need to focus on emerging companies, rather than prioritising the demands of traditional industry giants.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cStartups are not asking for special treatment,\u201d Kofler said. \u201cWe are asking for a level playing field \u2014 for access to capital, data, infrastructure, and markets. If Europe wants to close its <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.politico.eu\/article\/mario-draghi-report-says-eu-must-spend-twice-as-much-after-wwii\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">\u20ac800 billion<\/span><\/a><span style=\"font-weight: 400;\"> investment gap, it won\u2019t h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>en by giving old subsidies to old players. It will happen by unleashing the capital and ideas that startups already bring.\u201d<\/span><\/p>\n<p><em>European startups are the heartbeat of <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/bit.ly\/41IbD3D\" target=\"_blank\" rel=\"nofollow noopener\">TNW Conference<\/a>, which takes place on June 19-20 in Amsterdam. <span style=\"font-weight: 400;\">Tickets\u00a0for the event are <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/bit.ly\/4hueZwX\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">now on sale<\/span><\/a><span style=\"font-weight: 400;\">. Use the code TNWX<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">MEDIA<\/a>2025 at the check-out to get 30% off the price tag.<\/span><\/em><\/p>\n<\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/category\/technology\/\" target=\"_blank\" >Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thenextweb.com\/news\/landmark-digital-declaration-from-eu-ministers-ignites-calls-to-cut-startup-regulation\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A coalition of European startups has urged swift action to slash burdensome EU regulations after a landmark declaration from the D9+ group of digitally advanced nations. The declaration stressed the need for \u201cremoving barriers\u201d and \u201csimplifying EU rules and procedures.\u201d Ministers from all 13 countries in the D9+ \u2014 Belgium, the Czech Republic, Denmark, Estonia,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":659313,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img-cdn.tnwcdn.com\/image\/tnw-blurple?filter_last=1&fit=1280%2C640&url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2025%2F03%2FUntitled-design-56.jpg&signature=c4ca7b3b8b98d054b136146c8e1dfbde","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-659312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/659312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=659312"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/659312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/659313"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=659312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=659312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=659312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}