Same conect as Schutt here. (down to same router)
The problem per se isnt the longer ping time. Ill gladly take a 300ms ping thats STABLE over a 100 ping thats unreliable and variant.
These last weeks, connect has been a bit haywire, but its still mostly playable (the one Spitty that shot me from 50 yds in front of my gun, well, i just shrugged and moved on). Past experience showd that those jumpy connects tend to calm down after a few weeks.
Where in Europe are you?
Ask around in your neighbourhood, maybe changing provider can improve your connect.