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first things first - I am not a lawyer. As far as I have found, there is no EU laws or regulations directly limiting the maximum duration of a commercial guarantee, just making sure that a commercial guarantee is a liability for the manufacturer which might have side effects like accruals... and thus make offering the guarantee expensive.
Here is the relevant EU directive which sets some minimum rules for national laws.
There used to be cases where german courts have disallowed the use of life time guarantees (usually due the complaint of a competitor) due to the fact that civil claims can only be pressed for 30 years. This has been upturned by the last instance, the Bundesgerichtshof in at least one case if and only if the subject of the guarantee usually has a service life longer than 30 years (the subject in question was some aluminum roof). Interestingly enough, there was another verdict by the same court some years before for where an unlimited guarantee for a rifle scope was forbidden.
Here is a rather long and boring article on this case (in german)...
My understanding is the EU law requires manufacturers to stock spare parts to the specification used at the time of manufacture. Sounds sensible but it means that if for example coatings on lens/prisms are updated several times, the maker has to keep stocks of each updated component. It is not considered compliant to simply keep stocks of the latest and best component. You can see how this would bump up the cost of supporting warranties.
Ok, some more googling... looks like that's not the case, not even for the legal warranty provided by law in all european countries - otherwise I'd expect the document below to have this information included... Or one could ask this question to the Europeaen Consumer Centre of whatever country...