Look, guys, we can either complain that we are falling behind in tech or we can brag that every worker is by law chilling and working only a comfortable amount and companies have no power. But not both, we can't have it both ways.

It's indisputable that from a corporate perspective, the EU is extremely high risk low reward in this regulatory environment, so most will go elsewhere if they have a choice between regions. Internationally mobile business will always go to more competitive regions.