The EU has thought they can do whatever they please for far longer than this.
And it looks like they are not grabbing this land for the benefit of the “Palestinains”, but themselves.
I would not be surprised if the Vatican makes a strong play to oversee the Temple Mount and become its custodian. Once they internationalize the temple mount, they can give control to who they wish. In this case, I am guessing that they will pass Total Control to the Muslims. This may be a reason why the Temple Mount is so prominent in eschatological scriptures