forpsi.com provides
- Webhosting Easy with Python/SQLite 0.8 EUR/month + 1.2 EUR Postgres (I 
have not tested this one)
- virtual server Cloud Smart VPS Small (1G RAM, 20G SDD disk, 50G 
additional FTP, Debian or CentOS) 1.0 EUR/month.

And of course higher level (and more expensive) hosting programs (include 
Windows/MSSQL if somebody need more experimental technology).
However I am not sure if services are accessible for customers outside of 
UK,GE,IT,CZ.

I use the virtual server with Debian 8 Jessie.
Somewhere on their pages (CZ version) I have found that if you send a 
motivation message, you will get 9 EUR voucher,
so I have (I hope) starting 9 months for free.
However price problem can be the ssl certificate for https (except of the 
self signed certificate).

To install nginx-uwsgi-web2py on the plain virtual machine you can use 
scripts/setup-web2py-nginx-uwsgi-ubuntu.sh
but don't use the old one from stable version, but the newer from 
github.com/web2py/web2py.
In problems see this:
https://groups.google.com/forum/#!topic/web2py/ZM9IIEjtHSI

-- 
Resources:
- http://web2py.com
- http://web2py.com/book (Documentation)
- http://github.com/web2py/web2py (Source code)
- https://code.google.com/p/web2py/issues/list (Report Issues)
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