Well, I wouldn't say you're without cost effective options here in Europe.
Here are a couple of choices for you to look into.
1. For about £1000 you'll get a nice grinder (with IP66 VFD and 2 hp motor) from Nick in Greece. I have two of them and I'm very happy. He can also help you with all accessories you'd need.
https://www.ebay.co.uk/sch/konstantinos_95/m.html?_nkw=&_armrs=1&_ipg=&_from=
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2. You've also got this guy in Croatia, I've bought wheels from him, no problem at all.
http://batkovic-alati.hr/
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His prices are very competitive.
3. This is also an alternative, I've heard good things about this guy in Bulgaria.
http://volf48grinders.com/
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Stromberg, the first option seems good, but I don't understand why you would even list the second & third options! The second option is an almost exact replica of the KNG. Hmmm.. And the third option IS AN EXACT copy of Wuertz's TW-90!! What a set of balls on that low life!! NO THANKS!
What is it with other countries copying US designs and passing them off as their own???
You know, I replicated Travis Wuertz's SG-1 surface grinder attachment from photos, video and a hell of a lot of research! But I did it FOR MY OWN USE!!! I would never dream of making his design and passing it off as my own, for a profit! Just low down how some people have absolutely NO moral compass or sense of integrity.