European actress finally lifted suitable prize (6)
I believe the answer is:
esteem
'prize' is the definition.
(synonyms)
'european actress finally lifted suitable' is the wordplay.
'european' becomes 'E' (abbreviation e.g. EU).
'finally' suggests the final letters.
'lifted' is a reversal indicator (going up in down clue).
'suitable' becomes 'meet' (synonyms).
The final letter of 'actress' is 's'.
'meet' in reverse letter order is 'teem'.
'e'+'s'+'teem'='ESTEEM'
(Other definitions for esteem that I've seen before include "Respect and admiration" , "Look upon favourably" , "Consider" , "Admiration, regard" , "Think highly of, have regard for" .)