The Civil War was related to slavery, but not exactly cause much by it. It was more of the southern states trying to favor "states' rights" over federal power, and the growing opposition against slavery in the north made the more stubborn southern states feel resentful of the federal government taking action.
That's just all wrong, and I don't think any serious historians believe it. Although the south wanted "states' rights", the particular states' right they wanted was the right to be slaveholding. They indicated no other "states' rights" which were important to them in the main historical documents at the time. The debate within the south over whether they should secede, focused almost entirely upon slavery. The main documents in which they explained their reasons for secession (such as the various declarations of Independence of southern states, and Declaration of the Immediate Causes Which Induce and Justify the Secession of South Carolina) usually mention nothing other than slavery, and always mention slavery as their main concern.
The Emancipation Proclamation in wording freed slaves, but it also discouraged Europeans from assisting the south as they would seem like they were promoting a morally wrong practice.
No. The south indicated very clearly what the issue was for them. There is no reason that the South would conspire against themselves and go along with Lincoln's supposed PR campaign, in order to deny themselves support from Europeans. The crucial thing here is that the historical documents from the South clearly and obviously don't support what you're saying. It's possible to attribute other motives to Lincoln, and to claim he didn't really care about slavery but was using that issue to sound high-minded. You could always attribute his anti-slavery statements and actions to insincerity. However, it was the south which seceded, opened fire on Fort Sumter, and formally started the civil war. They were very frank in their reasons for doing so, and it was always about slavery.
The Emancipation Proclamation was issued long after Europeans had decided not to intervene on behalf of the South in the civil war (not that they ever had any serious intention of doing so). As a result, the Emancipation Proclamation cannot have been intended to prevent Europeans from entering the war.
I suspect you have been influenced by the Lost Cause historical revisionist movement, which was a crackpot revisionist movement that arose about 30 years after the civil war had ended, and which sought to re-write history regarding the civil war. It wished to portray the civil war as being due to causes other than slavery (which is entirely wrong) and it portrayed slavery as a benign institution, done for the benefit of slaves (also entirely wrong).
Unfortunately, that group has tremendous influence among the general public, particularly in the American south. It's just ignored by professional historians, who consider it a crackpot group. But it has managed to propagate all kinds of historical falsehoods which are now widespread. It's a crackpot movement, but it's very successful. It's claims are repeated all the time by all sorts of people, even here, on slashdot.
The evidence weighs very heavily against that point of view, and no serious historians believe it.