Europe has plenty of big companies - Total, Volkswagen, ING, Daimler, Fiat, Siemens, Tesco, BMW, HSBC, Nestle. The problem is that it&#x27;s very difficult to make new ones. &quot;Mergers aside, the youngest firm in the CAC 40, [France&#x27;s] main stock index, was founded in 1967.&quot;