Silvaire
The problem with Europe is we have too many Government created artificial jobs. We relied on the financial world and leisure industry to create wealth and created a huge industry in regulating.
You cannot breath without braking a law and we tut tut at anything and everything.
Think it was a very famous fighter pilot Sir Douglas Bader who said something like " The Law is for fools to obey and wise men to question".
We have changed into a nation of fools sadly!
Just look at the chaos that was created here with the volcanic ash

Not one life lost to Volcanic ash in the whole history of aviation but it brought Europe to a standstill.
Look at EASA itself and the cost of that regulator but the USA since 9/11 has also become regulation and security obsessed
The above response is a general observation
Pace