Much of economics was developed in a US context, and the vast majority of all Nobel prize winners in economics are American. I first studied in Europe, and then in the US. Living in the US was quite an eye-opener regarding what the models are about. So yes, I think economics is done a bit differently in Europe than in the US.
One of the reasons is that the policy questions and institutions in Europe are just different, so that you'd expect economics in Europe to have a slightly different focus, too. Also, Europe as a whole is a much more heterogenous place than the US. Accordingly, you would expect a wider diversity of views.