I hope that you're right.
As I said in a previous post. The EU has been making some really bad decisions for countries within the EU lately, but they also seem to be trying to extend their reach beyond their sovereign borders and into matters that have been settled for a long time.

My example of the recent ruling by the ECJ, that linking to content without the authors consent constitutes copyright infringement. However the EU appears to be trying to also pass a law that will require search engines to compensate websites for indexing of content. If that were to pass then what would most likely happen is that the entire EU would be delisted.

That could do serious harm to the European economy.