The EU providers are simply not on par with AWS, CloudFlare, GCP, etc.

Yes, you can get cheap servers but then you've to self-host and manage a bunch of services that you could get for pennies on the dollar in AWS.

There are hundreds of datacenter providers and yet, most are absolute garbage when it comes to customer support, problem resolution, you get really old hardware, many times you have to send an email and wait weeks because they don't have a self-service UI, SLA is a joke, etc.

You can do it, it's just gonna be a nightmare and you'll spend more time/money on it.

This might be true for some type of companies but in general it's absolutely not true. Not in my experience anyway.

Check out Scaleway (France). They have by far the broadest range of managed services with full permissions/IAM integration etc. - it is the closest EU match to AWS. Yes, if your entire existing setup depends on once specialized AWS service (i.e. DynamoDB) you still will need to go with AWS, but when building from scratch it's a different story.