You misunderstand this. Yes, there have been moves by some in the EU to reduce privacy, but they face resistance and have actually been repelled often. The ChatControl debacle you mention is one such instance. And on the other hand, sometimes there is actual progress, like with GDPR.

But more importantly, at least there are privacy laws in the EU that do something. In the US, there are virtually none, so of course you won't hear about their erosion.

I trust the EU ten times more than the US in this regard.