TLDR: It’s compatible with other copy-left licenses like GPLv3. However, it’s available in multiple languages, which technically makes it more applicable.
I started using it for my own project. If you want a practical example: https://github.com/TimoKats/emmer


The Free Software Foundation writes the following about the EUPL 1.2 (https://www.gnu.org/licenses/license-list.html#EUPL12):
The fact that re-licensing from EUPL to GPL is so cumbersome (and therefor off-putting to independent developers), and that at the same time it allows for re-licensing to weaker copyleft (i.e. for derivative works to be more proprietary, so to speak), makes me not want to use it.