Milton Friedman in interviewd by the EU Observer :

“There is no doubt what the EU should do. Abolish your rules and regulations. Abolish your [high level of] spending. The European economy is too burdened with rules and regulations”.
“There is nothing wrong with the basic strength of the individual countries. But they have burdened themselves with a range of rules that strangle their economies”.

Amen to that.
Hat Tip Glenn