Strong overtones of a belief it's doomed, but objectively why can't a viable evernote persist off solely European support.
According to Hacker News Evernote is dead since a long time ago. I use it daily and there is no other app that can fully substitute it. I guess in ten years I'll still be using it.
Likewise, for a dead product it seems to be working fine for me and my tiny cohort of users. The alternatives we have tried have been universally worse, in some dimension big enough to make evernote the preference. I suspect we'll even pay more for it, to some limit.
Yes. I think the Italian developers will be good enough to maintain it.