This thing was due for a long time. The fact that they needed a reason for common EU debt was known for a long time. In this case the vehicle will be "war bonds". This will be heavily expanded for all types of other "programs" in need of financing, all in the context of a more dire fiscal situation.
The good news that we plebs have our beloved #Bitcoin. When more people start stacking I hope everyone will just stop paying taxes all together and this giant scam will blow up for good.