Posted on the previous submission for this: it’s a good start, but from the article:

If what you need is a guarantee that your data remains only in the EU, we don’t have that, and we’d rather tell you directly than let you assume otherwise.

Wow they completely missed the ball on why people want reassurances that their data stays in the EU

For me this is already a better value proposition, as less value add happens in the US. With the US being a perpetrator in trade war against the EU, even this matters. Everything counts, in large amounts...

Anyone who cares about security won't accept "reassurance" anyway. They would use end to end encryption like PGP or similar and not worry about the middlemen.

I think they just know what they can and can't guarantee.

Agreed. I imagine they’ll announce an EU-only option later once they get more EU infrastructure in place

they also said in the article it is dependent on them standing up a second EU region. this is simply an announcement of their first.

One needs multiple data centers in europe for backup and DR, sounds like they have one