>Talent is still localised. The European mobility is still low and employment laws are still strict on non-EU citizens This may be an acceptable argument for A

>Talent is still localised. The European mobility is still low and employment laws are still strict on non-EU citizens This may be an acceptable argument for America, but makes no sense for Europe. I've seen great migration from high-unemployment EU places( Spain, Portugal and Italy) to UK, Germany and Switzerland. Finding talent in EU is much easier (and cheaper) than in the U.S.