Such strategic independence needs money and investment—a lot of it—not only to boost defense but much else, like energy and innovation; areas in which Europe is lagging behind the US and China. In order to have the pretext to implement this spending plan, the idea among the EU elite is to make sure that the war in Ukraine does not end too quickly. That way the conflict can be used to justify artificially injecting much needed money into the moribund EU economies.

First, there was a question of providing €20 billion euros of additional military support for Ukraine and that the EU self-imposed fiscal rules to be loosened using the existing "escape clause” in the event of "exceptional” circumstances, such as the bogus "defense of Ukraine” excuse. As Bloomberg stated, "under this plan, EU nations would be exempt from debt and deficit limits when financing military expenditures. This marks a fundamental shift in EU financial policy, as such exemptions have previously been impossible under EU rules.”

Indeed, the EU elite does not want to follow the arbitrary EU fiscal rules: for Paris, the 3 percent limit of budget deficit to GDP is politically painful, and for Berlin, the limit of max 60 percent of GDP in terms of federal public borrowing seems like an artificial constraint.

Then there was a talk of a €700 billion euro defense package. Newsweek stated that: "Baerbock said the package could be worth some 700 billion euros ($732 billion).” French President Emmanuel Macron also confirmed this on March 2, 2025. "We will give a mandate to the European Commission to define our capacity needs for a common defense,” Macron said in an interview published in several French newspapers. "This massive funding will probably reach hundreds of billions of euros.”

The official slogan of "help Ukraine defend itself” will give the EU political and financial elite an excuse to turn on the spigots of the European Central Bank at full thrust again; to shower the entire European economy with "free” money, and shore up its fragile economies, like it did after the euro crisis of 2011, with the enormous covid recovery fund in 2021, as well as with the Green New Deal.

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