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                      EFES NEWSLETTER - SEPTEMBER 2019 
                    
                     
                    
                       
                        | Barometer 
                          der Mitarbeiterkapitalbeteiligung-Politik in Europa | 
                       
                     
                    
                       
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                            24 European countries now have policies for the promotion 
                            and the development of employee share ownership, on 
                            which 20 in the European Union. 
                           
                            This is driving our barometer to its all-time high. 
                           
                            France, Denmark, Croatia, Serbia, they all introduced 
                            new pieces of incentive legislation this year. In 
                            addition, new initiatives are expected in The Netherlands 
                            and in Lithuania on 1.1.2020. 
                          With 
                            its "PACTE Law" for "Action Plan for 
                            Business Growth and Transformation", France (already 
                            number one for employee share ownership in Europe) 
                            took the decision to double its employee share ownership 
                            by 2030, which would put it at the level reached today 
                            by the USA.  
                          An 
                            important signal for all Europeans. 
                           
                                      More information  
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                    Neue 
                      Veröffentlichungen 
                       
                    
                    Press 
                      review 
                      We 
                      have a selection of 16 remarkable articles in 4 countries 
                      in August 2019: China, France, 
                      United Kingdom, USA. 
                      China: Shanghai plans 
                      to allow foreigners employed by regional headquarters of 
                      multinational companies to receive stock options on the 
                      A-share market, part of its bid to become a global financial 
                      powerhouse. 
                      France: New employee 
                      share plans for Axa, for Société Générale. Focus on some 
                      examples of French companies, then in difficulty, having 
                      been saved thanks to the mobilization and the implication 
                      of employees. Following its "Pacte Law", France 
                      expects to double employee savings in SMEs in 2020. 
                      UK: Some new 
                      firms moving to the Employee Ownership Trust scheme. 
                      USA: Some new companies 
                      moving to employee ownership through ESOP plans. The employee 
                      buyout playbook for startups. 
                       
                  Den 
                      vollständigen Presseüberblick erhalten Sie unter: 
                                     
                      http://www.efesonline.org/PRESS 
                      REVIEW/2019/August.htm  
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                      A 
                      political roadmap for employee ownership in Europe 
                       
                        
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