> The idea isn't to break encryption

That comes later with ProtectEU.

"Technical experts call on Commissioner Virkkunen for a seat on the table of the European Commission’s Technology Roadmap on encryption"

https://edri.org/our-work/technical-experts-call-on-virkkune...

Yes, what is proposed is breaking the end-to-end security model, not breaking the encryption itself.

Effectively it causes the same loss of security and trust as if they broke the encryption, but it allows them the fig-leaf of pretending that you're still secure because they "haven't broken the encryption".