No.

The LTE standard uses different frequencies in the US and Europe. However, the model sold in Europe is the US model. This has been officially confirmed by Apple [1, german].

LTE in the iPad

The iPad supports only the frequencies 700 and 2100 MHz [2] for LTE use. These frequencies are not used for LTE in the EU.

If you take a look at the footnotes, Apple states on their website (US and foreign) that:

4G LTE (is only) supported on AT&T and Verizon networks in the U.S.; Bell, Rogers, and Telus networks in Canada.

LTE worldwide [3]

The following frequencies aren't really such even numbers. They are frequency bands that spread out over a whole spectrum of which little fragments are divided among carriers.

• USA: 700, 1800, 2100 MHz
• Canada and Mexico: 1800, 2100 MHz
• European Union: 800, 1800, 2600 MHz ^{* (bands in use differ widely)}
• Asia in general: 1800, 2600 MHz
• Australia: 1800 MHz

There also exists this table [4] which lists very detailed information on frequencies bands used world wide. You can see here that the the 2100 MHz band is used for UMTS and IMT (= 3G standards) in Europe. The 700 MHz band does not seem to be used by carries in Europe.

Yes.

(It's a "world iPad" for both the AT&T and Verizon model.)

Whether a device functions worldwide for a specific wireless standard depends on the frequency bands that it supports.

E.g. The new iPad supports LTE, but only the frequency bands 700 MHz and 2100 MHz which are not used outside the US.

The iPhone 4S has been called a world phone, because it supports all the frequency band used for GSM worldwide:

• 850, 900, 1800, 1900 MHz

The new iPad supports the same GSM frequency bands for both the AT&T and Verizon model. Therefore it's a "world iPad".

Of course you need a SIM-tray, to make use of this. Like the iPhone, the iPad has a Micro-SIM card tray.