If i recall correctly think that they are on black list, meaning that you cant withdrawal cash from then to any bank in Europe as far as I know, if something didnt change in last several months.
Can you stop spreading incorrect information that even hints towards fud? I am quite regularly (most recent last month) depositing and withdrawing EUR through SEPA without any problems.
OP, Bitstamp is a perfect exchange for Europeans. Very important benefit is that Bitstamp is one of the few regulated and licensed exchanges.
I must however point out that you will have to verify yourself due to various laws and policies. If you have no problems with that, then go ahead and sign up ~ you won't regret using Bitstamp.