Via FreeWebspace, Welcome2Inter.net has this OpenVZ VPS for only €3.99 per month (around USD$5.87), and it comes with
- 64MB guaranteed memory
- 128MB burstable memory
- 1GB storage
- 1mbps unmetered bandwidth
- Debian, Fedora, CentOS, Gentoo, OpenSuSE, Ubuntu, or Slackware
Server is in Germany. We should expect more low end VPS from Europe as the unmetered bandwidth is so cheap there.
Related posts:
RoboVPS: Ruble-Denominated VMs in Germany or the Netherlands from $1.67/mo!
HostSailor: KVM, XEN, or OpenVZ in the Netherlands from $1/mo!
HostNamaste Offers a 1GB VPS for $20/Year in Canada or France (Many Other Offers, Too!)
Silicom Network: Unlimited-Everything Shared Hosting in Missouri/Texas/Germany from $12/year!
I have two vps at welcome2inter.net
I can say that is the best vps company i know :)