They live in Europe and will be entertained by shouts (10)

I believe the answer is:

hollanders

'they live in europe' is the definition.
(Holland is part of the Netherlands in Europe)

'and will be entertained by shouts' is the wordplay.
'will be entertained by' is an insertion indicator.
'shouts' becomes 'hollers' (holler is a kind of shout).
'and' going inside 'hollers' is 'HOLLANDERS'.

I've seen this clue in The Guardian.

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