I'm testing Kagi News (using it along with other news) and I can cautiously recommend it by now. First of all, do read their About page. If this doesn't speak to you, then I guess you can stop reading now. But for me, it hits the nail on the head.
It's basically an AI driven news aggregator. It's one of the rare cases where I think it's AI done right. Kagi News works with a community curated list of news sources (RSS Feeds) and summarizes them into max. 12 topics per day per category. Most of it is open source and you can contribute to the sources with PRs if you want. I created a separate category for my country for instance.
What I like about it: They try to be as neutral as possible. For example they have a section "Perspectives" where you will find the perspective of all involved stakeholders. It's no-nonsense, fact driven news that doesn't waste my time.
You mentioned you want an "European news service". Kagi is located in the US, but most of the news sources they use for the "Europe" category are European. But if you're missing any you can always add them with a PR :)
It's quite a new service (still in Beta) and since it uses an AI summarizer, you should always stay critical and double check the sources. I'm using it since a few months now and I always checked with other sources to see if it gets the things right. It's doing a pretty good job and made a lot of progress.
I basically use it when commuting to see whats new in the world. The once-a-day approach keeps it at a healthy amount. When a specific topic really interests me, I dive deeper and also look for other sources.