[Sign petition ] Real EU servers based in EU need signs support the cause.

[Sixmp]

Ping does not effect MMO's in the same way as other games, I have played on Japanese servers with 300-400 ping and still been able to play. (not the best experience mind) Anything below 250 is good enough to cope with anything the game will throw at you.
This is not like a First Person Shooter where low ping matters.

I played FFXI for years with a ping of around 180ms never stopped me from doing anything. Never got me killed. If you are getting packetloss or other issues then that has nothing to do with server placement.