The Lenoir report on the SE is positive. The report by Noëlle Lenoir, the former French minister for European affairs, on the European company (SE, Societas Europaea) cast a frankly optimistic eye on this achievement of the EU. What we had read previously told the story of a semi-failure: companies were not really interested, only a very small number of SEs were created, the advantages were not entirely clear. For Ms Lenoir, on the other hand, the experience is very much a positive one: the...