So true and applies to every EU member state. It's why the EU is not the US, and can never be like the US and compete against the US, even if all things were equal like labor laws and such.

Unlike the US, there's no such thing as a unified European culture, European language, European law, European army, etc. Every EU member state wants to be its own dragon hoarding wealth at the top of the union, the expense of the other members in the union, leading to internal squabbles and back stabbings, while the US and China steam ahead gaining more and more of the global GDP.