I hope that my government won't do this. As a EU citizen I only have to care about the one in my country.
Again, if you think the fine you got is too heavy you can escalate this to the courts (even EU courts).
There is also no incentive for the regulatory agency to impose such fines if the business cannot pay them. In that case they would get less or even nothing as the business collapses and it has not been the modus operandi in any EU regulatory body I know or experienced.
If they aren't reasonable than the EU courts will make them reasonable or the EU will add additional paragraphs to the GDPR to prevent excessive fines. Simple as that.
Again, if you think the fine you got is too heavy you can escalate this to the courts (even EU courts).
There is also no incentive for the regulatory agency to impose such fines if the business cannot pay them. In that case they would get less or even nothing as the business collapses and it has not been the modus operandi in any EU regulatory body I know or experienced.
If they aren't reasonable than the EU courts will make them reasonable or the EU will add additional paragraphs to the GDPR to prevent excessive fines. Simple as that.