Europe has been steadily eradicating freedom and entrepreneurial spirit for the past 50 years. They will suffer badly many years later. They are slowly walking to disaster, but nobody cares. Go on, downvote me for telling the obvious truth :)
If european innovative companies and small businesses flourish in 10 years - I'll be the first to apologize and admit the mistake.
But there are just no signs of it today. While plenty of signs and data supporting my point.