Much-loved euro-pics ruined (8)
I believe the answer is:
precious
'much-loved' is the definition.
I can't tell whether this defines the answer.
'euro-pics ruined' is the wordplay.
'ruined' indicates anagramming the letters.
'euro'+'pics'='europics'
'europics' is an anagram of 'PRECIOUS'.
Can you help me to learn more?
(Other definitions for precious that I've seen before include "Valuable or dearly beloved" , "Cherished or of high worth" , "Much loved" , "Having great value" , "costly" .)