People are ready, business / Europe is not

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  • People are ready for a change as the society is more flexible, and the the state of the economy continues to slip.
  • EU governments are bogged down by politicians who are out for intrests of their particular country due to the dissolving state of the EU.
  • Businesses are hesitant to innovate and invest as legislation is stuck in first gear due to the low liberalization of labor laws.
  • Low economic growth is seen across the board.
  • Nationalistic governments limit foreign investment.
  • Large multinationals struggle as fierce competition from smaller rivals increases. Unable to draw up more competetive contracts with unions, small adaptive enterpreneurships flourish.
  • Massive layoffs at Phillips, Daimler Benz and SAP.
  • Galileo space program falls apart as control cannot be agreed upon. Germany wants to retain majority share and increase control in the program, and causes EU countries to withdraw their contributions.
  • Britain exits from the EU. Transfer payments and unfair portions of agricultular subsidies are paid out of Britains expense. Britain expends ties with America.