I don't think it's the job of EU government to manipulate the algorithms to suit their values. Their job is the opposite of that; to ensure that the algorithms operate with as little manipulation as possible so that every individual has equal voice/reach on these platforms (at least equal on a per-follower basis) with as little manipulation as possible.
As someone who didn't have much prejudice about the current Israel/Palestine situation, I appreciated seeing both sides; it allowed me to come to the conclusion that both sides fall short of my own moral values and therefore I don't need to involve myself in debates about the lesser or two evils.
Maybe other people with different morals than myself felt that one side met their 'good guy' threshold and wants to support them. They're free to voice their support, but I'd like to keep my taxpayer money in my own country where it can support people whose morals more closely align with my own.