I think it is. At least when competing in the "2nd tier" as Gergely Orosz describes [0]. Of course we can't compete with the Uber/Apple/Booking etc. offices in Amsterdam. (But I do think we have a lot of other things to offer, in terms of freedom, influence and work atmosphere.
See for example listings on RemoteOK: [1]
[0] https://blog.pragmaticengineer.com/software-engineering-sala...
[1] https://remoteok.com/remote-ops-jobs?location=region_EU&orde...