It's basically micromanaging an industry that European countries have not been able to cultivate themselves. It's legislation for legislation's sake. If you had

It's basically micromanaging an industry that European countries have not been able to cultivate themselves. It's legislation for legislation's sake. If you had a naive hope that Mario Draghi's gloomy report on the EU's competitiveness would pave the way for a political breakthrough in the EU - one is tempted to say something along the lines of communist China's market reforms in the 70s - then you have to conclude that the EU is continuing in exactly the same direction. I have actually lost faith in the EU.