Enrico Letta, former Italian Prime Minister, suggests that Europe should adopt a corporate governance model similar to Delaware to enhance its economic competitiveness. He proposes an optional governance structure for EU companies to simplify legal processes, as current regulations hinder startups. Despite the existence of the Societas Europaea, it has not gained traction due to its complexity. Letta acknowledges the benefits of Delaware's corporate laws but also highlights the potential for misuse, as noted by Transparency International. Full article (Euronews.com)