But you wont be multiplying European amps by 125%; theres something wrong with American amps whereby if you use them for three hours or more something gets broken. Europe doesnt have anything like that. An amp is an amp and its value doesn't change over time or depending on the load :)
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The reason we add 125% to continuous duty motors (some motors its more) is the heat from that duty affects the operation of the branch circuit and overload devices. The larger wire acts as a heat sink to keep the device from tripping. Mike Holt had a great code change in ARrt 210 and 215 related to this - a neutral does not have to be increased in size 125% as its not connected to an overcurrent device.