Maybe, but imagine you are some EU commissioner, your choices look like this:

1. Fund a home grown alternative. Spend millions of Euros all the while fighting off a barrage of complaints that EUWord doesnt do things, costs too much, is burning taxes and productivity, etc.

2. Spend a nominal sum, but kick the project into the long grass, and hope that the US retreats from its stance back to the norm. "Maybe Word will be ok in 2027 after midterms, right? or 2029? Maybe I stick my fingers in my ears and tough it out"

2. is realistically what most politicians would do. Making tough, really difficult decisions is not something they like to do.