European shortly will spin around a piece of rope (5)
I believe the answer is:
noose
'rope' is the definition.
(noose is a kind of rope)
'european shortly will spin around a piece of' is the wordplay.
'shortly' indicates one should take the final letters.
'will' is a charade indicator (letters next to each other) (I've seen this in other clues).
'spin around' is a reversal indicator (I've seen 'spinning around' mean this).
'a piece' becomes 'eso' (I can't justify this - if you can you should give a lot more credence to this answer).
'of' becomes 'o''.
The last letter of 'european' is 'n'.
'eso'+'o'='esoo'
'esoo' reversed gives 'oose'.
'n'+'oose'='NOOSE'
Can you help me to learn more?
(Other definitions for noose that I've seen before include "marriage, for a laugh" , "Cord snare" , "Hangman's knot" , "Scaffold rope" , "Loop in a lariat" .)