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The main thing that a HoloEU branch would need to do to succeed would be to find the regional subset it wants to focus on, and accept the fact that building it up would not be as easy as building a North American market was.
The EU is not, sadly, a federated country with a unified language and unified market desires. It is a common marketplace, but with a wide variety of markets within it. You cannot, by and large, create something with "European Union-wide appeal." You would have to focus on specific countries, specific regions of shared interests.
And most importantly, you would have to de-emphasize English. While a plurality of EU citizens speak the Lingua France, they don't all do that, and a large segment of the countries being catered to would go unfulfilled if you went for English. English is the poison fruit at the heart of HoloEU: The easiest way to develop an audience, but also the rot which would prevent you from gaining Europe-specific success.
It would be far closer to HoloID's expansion than HoloEN's. They would have to accept the opportunity cost inherent in putting resources towards the HoloEU project, which would absolutely generate a lower ROI than any HoloEN investment, and potentially generate less than HoloID as well, due to HoloID already having a three-year long groundwork to build on in regards to investment. I imagine Cover, having spent so much of their assets into expansion of JP's support structure in the 2022-2023 period, along with the restructuring/reworking of HoloEN's internal support structure, is not currently looking to start a risky venture with low ROI in the 2023 Fiscal Year.
