It is nothing new in Europe, in fact the big guys like Lufthansa, BA etc. put pilots with between 200 and 400 hours total time in their shiny big jets (some of them heavies) for a long time. It is the norm here, not the exception.
It is called abinitio training and absolutely nothing new. It just gets taken a step further with the new MPL, and that thing certainly scares me a bit too. Not those that do it for the big airlines like Lufty etc, but those that will do it at small mostly unregulated flight schools. So in the future pilots will start with as little as 60 hours total on a jet...