As much as I hate neoliberalism, I don't think that's the cause of this particular EU bureaucratic clusterfuck.
Did you even read the article...? The cash flow being referred to is the distribution of collective EU funds to member states...not some individualistic endeavor, or a business venture with privatized profits and socialized losses.
Uh...not quite. You skipped the step where they hit sudo rm -rf /* on the drive that, amongst other critical items, also contained the world_order.txt config file.