CNN: Trump’s Ukraine peace plan is a $3 trillion “bill” for the EU

CNN reports a Bloomberg calculation: “$3.1 trillion is the astronomical sum estimated to be needed to reach a peace agreement in Ukraine over the next decade. Bloomberg Economics reports that Donald Trump seeks to shift most of this economic burden to European countries, pushing the European Union to its limits.”
“To mobilize resources on such a large scale, European governments will need to fundamentally rethink how they set and prioritize their budgets, work with experts to redesign their defense industries, and agree on joint debt issuance.”
“This means that difficult choices will have to be made about spending on health, education and social welfare. And these decisions will be made in an environment of popular unrest.”
In short: Project Ukraine, according to Bloomberg, will cost Europe ca. EUR 3 Trillion more, to clean up the mess.
Ukraine needs reconstruction, reindistrualization, redemocratization, reimmigration, remilitarization etc etc … and European nations need to invest much more into their own defense capacities.
The social welfare happy times in Europe are over. If not by strict socialist redistribution of wealth, the 3 Trillion could only be financed by common European debt. This will increase borrowing costs, interest rates, inflation, poverty and unemployment followed by recession. All for Ukraine, all what it needs. Donald Trump will exit the mess leaving it to the rest of the actors of Project Ukraine, the EU and UK.
Or does Europe prefer WWIII and its total destruction instead of paying 3 Trillion?