Might E European dance around this? (7)
I believe the answer is:
maypole
'dance around this?' is the definition.
(as in folk dancing)
'might e european' is the wordplay.
'might' becomes 'may' (I've seen this before).
'e european' becomes 'Pole' (someone from Poland, an Eastern European country).
'may'+'pole'='MAYPOLE'
(Other definitions for maypole that I've seen before include "focal point for dancers" , "Centre of ribbon dance" , "at centre of dancing" , "at the centre of celebration?" , "It's danced round with ribbons" .)