Yes, the Dragonica EU server got shut down (all three of it - German, French and the EU one) on the last of April this year.
They just didn't want to run the service over there any longer and that's basically the whole explanation they gave us players.
Based on the statement of Gravity that they did not want develop on any other game language servers anymore.
(plus the fact gpotato is now webzen.......and.........yeah..........you can think the rest of that one for yourself)
With the closure of the whole EU servers all game accounts got wiped. All of us EU players had to start over completely fresh over here. Means with nothing left at all, except a still running game server. And that server is supposed to keep running, we got told by the CM's on here. There are no plans of closing the last official Dragon Saga (Dragonica Server) soon or in the near future.
I'm one of those EU players that had to start fresh and actually found my new home base on here. Here are a mass of events running, much more as ever before on the EU servers plus a nearly weekly weekend xp event going on.
Give it a try, it is worth it I think.