The EU is both pro-privacy and anti-privacy. In many ways, they're ahead of the US - you can opt out of more telemetry, more advertising, more tracking. Good. But then the encryption stuff - bad.
Informed consent laws - good. Laws about third-party tracking - good. So it's some good, some bad.
But, on the topic of encryption, it's not like the US is pure here either.
It is very much not clear to me that you should have privacy from governments or cops. Aren't the whole point of the government and cops that they are the institutions we have created to entrust with this access?
Please feel free to set up a spyware on your phone that records every image you send, every text and email you write and saves all this data somewhere that you will never have access to and for an indefinite amount of time.
That is exactly what the EU is trying to do with the Chat Control law. Targeted law enforcement access to some data is not what is being discussed here.
We are talking about 24/7/365 mass surveillance without warrants and without the suspicion of any crime committed.
Given that Europe specifically has a very sordid history with the use of data collected by government to genocide literally millions of people, no, I don't think it can be entrusted with such access.
Privacy from companies maybe, privacy from governments and cops, certainly not.