Do you hold a FAA licence with Instrument Rating?
EASA really only recognises a flight time as either under VFR or IFR, not as the FAA do it Actual/Simulated Instrument time. The FAA are looking at time with sole reference to the instruments either in actual IMC or under the hood. The FAA allow you to fly VFR, using the hood with a Safety Pilot to keep a look out for traffic, to build instrument time. That time would not count as IFR for EASA, would count as VFR PIC, assuming you hold a valid licence to fly said aircraft as PIC.
When you are flying as the safety pilot, then no you cannot log that under EASA at all.