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European tech startupsCNBC
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85% Informative
The founders of Stripe and Wise are among the signatories to an open letter calling for the creation of " EU Inc ," a single pan-European entity that would promote startups and innovation in the EU .
It comes after former European Central Bank President Mario Draghi called for 800 billion euros of additional investment per year to make the EU more competitive on the world stage.
Europe has long lagged behind the U.S. and China when it comes to generating global tech giants.
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