The EU has made a big pot of money available to try to get an EU cloud provider, a lot of people are interested in that money. I just don't think most of these

The EU has made a big pot of money available to try to get an EU cloud provider, a lot of people are interested in that money. I just don't think most of these people grasp how complex it's going to be. None of the existing EU hosting providers have succeeded in providing even a small subset of the services AWS provides. You also just can start out with an S3, SQS and EC2 clone anymore, customers expect more features from day one. Bootstrapping an new cloud provider is going to cost and insane amount of money and billions of Euros, all of which may be wasted if the EU and US can reach an agreement on data processing. As an example, look at Google, they have the money, the people and the technology, and they are having a hard time competing with AWS and Azure.