In the UK/Europe, green means go and red means stop, without the above exceptions. In order to make this work, pedestrian crossings are often segmented, with individual signals for each section. There are a few junctions where all traffic is stopped for pedestrians, but that is pretty rare. Most junctions just allow pedestrians to cross on sections where traffic is not travelling.
UK/Europe also has a lot fewer crossroads than US. Since the cities are older, and do not as often have a grid structure, there are a lot more three-way junctions than crossroads, which actually makes crossing the road easier.