The last European game is Smurfs 2 (copyright 1996). Aside from that, the latest copyright date was Cheese Cat-Astrophe (1995).While I'm on this subject, I have noticed on several SMS fan sites that SMS games were published in England as recently as 1997!
The only games later than those are Brazilian TecToy releases and a handful of Portugese re-issues.
I suppose it's possible that some European vendors still had stock on the shelves by '97, but most places were probably phasing it out by about '95.