Atlus is a popular studio for localising niche Japanese games in the west, though it's been somewhat spotty with bringing these games to all territories at once. It seems that North America is the one that usually gets favoured, with games making it over to Europe months later, if at all. The reason for this isn't always made clear, and unfortunately it seems that the pattern will continue with the next release.
As mentioned before, SEGA is now the publisher of everything Atlus related, but it seems that Europe will still have to wait for the upcoming release of 7th Dragon III Code: VFD. SEGA recently posted a video that primarily covered its upcoming Motorsport Manager, but near the beginning of the video is an "#AskSEGA" section where some questions asked by fans on Twitter are answered. One of the questions was whether or not 7th Dragon would get a European release, and the response was that there are no currently plans, but it's being looked into. Here's the video, the response comes about a minute in:
What do you think? Would you like this to come to Europe? Share your thoughts in the comments below.