I'm European and I'll happily admit there is no EU alternative to AWS, GCP, Azure. The breadth of services _on_, and the amount of engineers able to work _with_ these platforms is incredible and can't be beat by the likes of Hetzner and OVH. We are so behind that we won't catch up. The arrogance is warranted in this case.
I like privacy, but the business person in me is very frustrated by these GDPR rulings as they make the life of European startups even harder than it already is.