EU Executive Vice-President for Tech Sovereignty, Security and Democracy Henna Virkkunen gives a press conference to present the "EU Inc" plan, aimed at increasing the European Union's competitiveness, at the EU headquarters in Brussels, on March 18, 2026. Entrepreneurs will be able to create pan-European companies under new plans to be unveiled on March 18, which the EU executive says will make it less of a headache to do business across the bloc. The proposal known as "EU Inc" is part of ramped-up efforts to tackle the European Union's competitiveness problem as the bloc's economy and industries risk falling further behind the United States and China. (Photo by NICOLAS TUCAT / AFP via Getty Images)