Some useful context here is that the Netherlands is holding a general election on 29 October, which is why the deadline of two weeks was imposed. If Meta does not comply with the two weeks deadline and instead pays the (tiny) $5 million fine, that could have serious consequences for the democratic process in the Netherlands. Escalating after two weeks might be too little, too late.
That’s actually really interesting to know. I don’t think it would have serious implications if they chose to pay, but I do think it will be catastrophic if meta refuse to change and NL don’t escalate to the point of forcing compliance.