More official information here:
The proposed regulatory framework can be downloaded here (PDF, 41 pages):
While the US rules seem to be quite restrictive, complex and drone adverse the EU ruleset at least partially aims to balance better between conflicting interests (freedom for RC hobbyists vs aviation safety vs public privacy).
The ruleset acknowledges the economic importance of drones, their innovation potential, the fragmentation of the industry as well as the diversity how drones are used. At least the agency seems to be willing to not lump together all these things.