Earlier quoted context omitted.
Comparing EU cloud providers to AWS is like comparing a 1963 Zastava to 2025 high end BYD because both of them are cars and can drive from point A to point B.
Except 95% of companies have no need of ultra scalable super cloud. If you are a very big SaaS company that is not Google or Apple, you are probably serving hundreds of thousands, maybe millions of unique users. AWS may be convenient, but you don't /need/ it, you can build an infrastructure that will handle such workload with any of the big european providers. You'll just lose in comfort what you'll gain in data sove…
In times when one physical server can have 32, 64 or even 96 cores... you pack your own little datacenter right there and it's pretty cheap to simply overkill it, have one or two servers for redundancy and bye.
So many businesses will happily run from 4 core 10usd VPS (that would have been beefy server 20 years ago).