The macroeconomic impact of the 28th Regime corporate legal framework
Pablo Casas (),
Tryfonas Christou (),
Abian Garcia Rodriguez (),
Nicholas Joseph Lazarou (),
Catarina Peralta () and
Simone Salotti ()
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Pablo Casas: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Tryfonas Christou: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Abian Garcia Rodriguez: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Nicholas Joseph Lazarou: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Catarina Peralta: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Simone Salotti: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
No JRC146400, JRC Research Reports from Joint Research Centre
Abstract:
The 28th Regime introduces a harmonised EU-wide corporate legal framework to reduce regulatory fragmentation across Member States, in particular for startups and scaleups in the Single Market. The macroeconomic impact of the policy has been assessed using RHOMOLO, a spatial dynamic computable general equilibrium model covering 235 NUTS 2 regions of the EU. In the higher investment scenario, EU GDP is projected to increase by €712 million cumulatively over the first 10 years following adoption, rising to €2.1 billion by year 20, with cumulative multipliers of 1.6 and 4.8 respectively. These results are conservative, as they capture only burden reductions from procedural simplifications and do not account for wider effects such as enhanced access to finance, improved firm performance, or increased market entry.
Date: 2026-04
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