Home The EU was not formed to allow foreign bankers to control Europe

The EU was not formed to allow foreign bankers to control Europe

By: Arron Williams

June 6 2024

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The EU was not formed to allow foreign bankers to control Europe

Fact-Check

The Verdict False

There is no evidence that the EU was formed so foreign bankers could control Europe or that white Europeans are being replaced by migrants.

Context

Social media users on Facebook have claimed that the European Union (EU) was formed to allow foreign bankers to control Europe. Claims alongside this further assert that migrants are being deliberately imported and wars have been purposefully engineered to take away European men.

These posts allude to the idea that white Europeans are being deliberately replaced by migrants. 

Another image shared alongside the posts refers to the World Health Organization (WHO) pandemic treaty and claims that through the treaty, "UN troops can be deployed on your soil to round up and forcibly vaccinate the population."

In fact

The EU is a group of 27 European countries and is rooted in the idea of nations working together to improve conditions for people after the two world wars. There is no evidence that it was actually formed to give "foreign bankers" control over Europe. 

EU citizens have representation and vote on candidates for the European Parliament; these candidates represent different ideologies, and those elected vote on decisions. Member states have direct representation through the EU parliament. They have significant influence over EU decisions and legislation, and member states decide how to implement legislation and EU directives on a national level. The existence of the EU does not erode national law, and through its representation, it does not support the idea that it is controlled by foreign bankers.

The EU, as we know it today, was created in 1993 by the Maastricht Treaty. The goal of the EU and its establishment has always been to enhance cooperation and peace in Europe following World War 2. This has also included the implementation of the Euro, economic policy, and trade regulations. There is a European Central Bank, established in 1998, which manages the Euro and conducts EU economic policy, but it was established several years after the EU.

The claim that migrants are being "imported" implies that migrants are being deliberately sent to Europe. The idea that migration is a deliberate tool specifically relates to the racist and antisemitic "Kalergi Plan" conspiracy, an off-shoot or similar conspiracy theory to the Great Replacement, which believes that there is a deliberate plan to replace white populations.

Richard von Coudenhove-Kalergi, who the conspiracy initially targeted, advocated for European unification in the 1920s. He did not advocate or suggest that white Europeans should be replaced. Attacks against his views come from the Nazi party through claims his beliefs were part of a plot to enslave Europe and make them subjects to the rule of "Jews" in a world full of people of mixed ethnicities. However, there is no evidence that white Europeans are being "replaced" in this way. Logically Facts has previously investigated claims of a "Great Replacement" in European countries and found them false or misleading

The claims about the WHO pandemic treaty enabling the deployment of U.N. soldiers are also baseless. The U.N. does not have a standing army that can be deployed. While it does utilize peacekeeping forces, these are not kept in reserve but gathered when the U.N. Security Council draws a resolution to deploy troops. These forces are assembled with appropriate backgrounds and skills to the relevant place of deployment. These forces are also only deployed with the consent of the main parties in the conflict. It does engage in peacekeeping missions, but according to the organization, the personnel required to carry these out are provided and paid for by member states.

Logically Facts has previously investigated another similar claim about the WHO pandemic treaty and U.N. soldiers and found it false.

The verdict

The EU was founded by various politicians and statesmen following the Second World War. While some involved had backgrounds in banking, there is no evidence that the EU was formed so that "foreign bankers" could control Europe. These claims are baseless. Therefore, we have marked this claim as false. 

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