Be careful of the differences between FAA and EASA.
For EASA multi crew aircraft, you only need a CPL and IR to be a first officer, which you can get with 200 hours (or less if you go integrated).
An ATPL is only required to be a captain. That's when you need 1500 hours (amongst other things). Most airlines want 3-4,000 hours to get a command anyway, so there's no rush..
Plenty of European airlines are hiring people with 200 hours.