The Iranian economy is in a state of total collapse! That's not something to aspire to.

It's not good to be in denial about this. Even small amounts of US pressure would create chaos in Europe at this point. Multiple European countries are heading towards a major financial crisis entirely on their own, even without any US involvement at all. See e.g. the UK, whose debt is now much too large for even an IMF bailout to work. Only massive austerity of the type that makes 2008 look like splashing around in warm water will be enough to turn that around.

Europe is not independent. Even ignoring basics like oil and gas, the choices of the EU ruling elites in Brussels have, over a period of many years, broken any ability to create a competitive domestic tech industry (something very difficult even with China-style global cutoffs). Even if it was all fixed tomorrow it's far too late. Building a competitive domestic office suite is far beyond what the EU can achieve, let alone everything else required.