Yes, they do. And that's the main difference between the EU and the US. Especially with YC startups expect to get significant investments after the incubator.
> Also, the EU just approved a giant stimulus package which will be used to support a lot of failing companies
You do realize there have been two years of pandemic?
> But that doesnt change the fact europe is repelling entrepreneurs.
What's your definition of entrepreneurs? A company that always loses money "in the hopes that something good will come out of them"?
The EU is a complex multi-lingual multi-cultural market unlike the uniform US market flooded with unlimited investor money. All of the "successful" incubators, investors, startups would fail miserably here, outside their near-ideal conditions.