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Bikes encapsulating commercial for European archipelago (8)

Ross

I believe the answer is:

cyclades

I'm a little stuck... Click here to teach me more about this clue!

'archipelago' is the definition.
(I know that Cyclades is a archipelago)

'bikes encapsulating commercial' is the wordplay.
'bikes' becomes 'cycles' ('cycle' can be a synonym of 'bike').
'encapsulating' means one lot of letters goes inside another (inserted letters are absorbed or encapsulated).
'commercial' becomes 'ad' (abbreviation for advertisement).
'cycles' enclosing 'ad' is 'CYCLADES'.

'for european' is the link.
I am not very happy about this link. Some or all of it may be part of another bit of the clue.

Can you help me to learn more?

(Other definitions for cyclades that I've seen before include "Greek islands in the southern Aegean" , "Island group inc. Naxos" , "Aegean island group" , "many islands" .)

I've seen this clue in The Times.
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