this post was submitted on 19 Jan 2024
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The European Union’s remarkable growth performance relative to the United States (www.bruegel.org)
submitted 10 months ago by [email protected] to c/[email protected]
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The article chooses to take a metric that you usually do not see much: GDP per employee and per hours worked, at purchasing power standards

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[–] [email protected] 0 points 10 months ago (1 children)

I'm sorry to be that guy but Nestlé is Swiss which is not EU. Not saying that it's any less of a fucked up Megacorp though.

[–] [email protected] 0 points 10 months ago (1 children)

Switzerland applies most of the EU laws because they want access to the single market though, so for this purpose they might as well be in the EU.

[–] [email protected] 0 points 10 months ago

That's not true though. Swiss laws differ wildly from EU laws in so many different fields including the markets. They have been in fights for tens of years over so many different things regarding regulations of the free market etc. you really can not consider Switzerland part of the EU.