Government Efficiency & Bureaucracy - Europe has more bureaucracy than the US due to provincial, national, and EU levels of governance [1] - EU headquarters in Brussels is described as a "giant cathedral to bureaucracy" [1] - Europe needs government efficiency more than the US, requiring action at country and EU levels [1] Regulation & Innovation - Over-regulation has inhibited progress and innovation in Europe [1] - Over-regulation is described as a "slow strangulation" that gradually tightens over time [1] - Immediate action is needed to reduce regulation at the EU, country, and local levels [1]