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What do you mean exactly "European equivalent"? Heroku has a European region - https://blog.heroku.com/archives/2013/4/24/europe-region

One problem with Heroku's European region is that it's not Safe Harbor compliant. This means it's not possible to use them and still comply with the data protection laws in some (most?) European countries.

When they announced the European region a year ago they said "Safe Harbor Compliance is Coming Soon" [1], but there has been no news about it since (as far as I know, at least).

[1] https://blog.heroku.com/archives/2013/4/24/europe-region

Never used them, but CloudControl basically markets themselves as the European Heroku: https://www.cloudcontrol.com/

Never used them but have heard of them:

https://shellycloud.com/

Isn't the internet global?

Yes, but laws and privacy rules are not

Neither is latency.