The more I think about, the more sense it kind of makes. There are three major international competitions for all skaters during the year - GPF, Euros/4CCs and Worlds. Why not set the calendar up so that each of the three competitions is located in a different geographic region?
So, if the GPF is in Asia and Worlds is in North America, then the Euros/4CCs block would be in Europe. I think it could help grow interest in skating tremendously. Plus, let's be honest, there are plenty of Euro skaters who are based in North America, so it's not as though they don't have some lengthy travel when attending Euros.