Think it has much more to do with traditional EU regulator attitudes around the dual of labor & capital markets. Both are very dysfunctional in Europe, with labor probably slightly edging out in terms of dysfunction.
thats also not helping, but it's not exactly a secret that German public infrastructure from roads to rails to electricity and whatnot are also all crumbling.
And wait till the EU starts paying it's own defense bills without the US, which is what it wants to do. But with money from where? Education? Healthcare? Welfare?
