Holy mascarpone, I go away for a week and Euro rip-offs raise their heads again. I've said something about this before and there is (somewhere but not on CB+) a list of the Euro. reprints of Blue Beetle and Superman American stories and a list of the "new" stories, which were based on the characters but with new art. But, like Jim, I think this "new" art was borrowed stuff, as it were. I have uploaded a copy of a French Blue Beetle (which is probably a reprint of an Italian issue), titled Le Capitaine X-13:-
https://comicbookplus.com/?dlid=30074and here the hero is called "Le Phantome D'Acier"
Bear in mind that The Phantom, when reprinted in Italy was heavily, and crudely, re-touched in a number of early editions of the classic stories, faces especially.
I've had a quick look for the reprint list with no success, so I'll need to have a dig, unless Richard has it.