Cloud computing and knowledge management

As I already quoted on LinkedIn, I'm a surprised by the lack of public european initiative on cloud computing and secured cloud architecture within the european region. I'm really convinced that cloud architecture could boost the european ICT adoption (with offering cheap and secure data storage for european citizens) and make it cheaper for the weakest european countries.
If you're not convinced that Europe is waiting too long to adopt any plan, check what happened last month in Washington on the Knowledge Management level....