Earlier quoted context omitted.
While I agree that software developers in Europe are heavily underpaid (compared to what US developers) get, I think we are compensated just fine in terms of vacation and working time. In my experience, 30 vacation day per year IS the norm. And at most 40h/week of work (it's something in which European companies "are better" than US ones: they don't work as much as Americans).
Not true, 25 vacation days per year is the norm in Austria and most of Europe, anything above that and you're in a privileged position, and most dev contracts have statements where any potential overtime is covered by you salary and not paid extra. And overtime does happen especially during crunches for releases (yeah, i know management sucks but it sucks everywhere I looked in Austria). Maybe you can show me where I…
That describes every job I've had in Sweden over last 6-7 years or so. But then again I've made a conscious effort to void some of the 'crunchier' industries (like game studios and certain startups), which admittedly does mean getting paid a bit less.