Bjerre’s statement comes as Denmark launched its presidency of the European Union. Members take turns leading the 27-country coalition, rotating the leadership role every six months.

The European Commission set out plans on Wednesday to remove barriers to business within the European Union as part of a push to boost competitiveness and counteract the impact of U.S. tariffs.

The pre-pack mechanism. Under the new rules, a pre-pack mechanism will become available in all EU member states. In a pre-pack mechanism, the sale of the debtor's business (or part of it) is prepared ...

U.S. and European Union flags are seen in this illustration taken April 10, 2025. ... EU members each regulate on average 212 professions, in some cases requiring fees, ...