Don’t want to belittle the achievement but they launched it as in „had it launched by the commercial launch provider SpaceX“, not on a self-developed rocket as it sounds like on the first read.
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An organization that can produce Ariane 6 should be able to produce a Falcon 9 clone with similar effort. The real problem is overcoming the of the old, slow, expensive way of doing things.
The EU can certainly throw money at the problem but that doesn’t necessarily manifest cheap rockets. It’s a product of leadership and culture. My experience with the EU is one of a top heavy bureaucracy that’s not overly conducive to this type of cowboy rocketry. Consider the absence of an EU version of Silicon Valley, it’s just computers and with the internet people can program from anywhere…