Abbreviation of 欧羅巴 (ヨーロッパ). Used mainly in compounds like 欧州 (Europe), 訪欧 (visit to Europe), or in news headlines. Not used as a standalone word in everyday conversation.
Abbreviation of 欧羅巴 (ヨーロッパ), an ateji rendering of 'Europe'. The character 欧 was chosen phonetically and later became the standard kanji for 'Europe' in compounds.