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European Commission approves second wave of SAFE defence funding, unlocking €74 billion for eight EU member states
Summary by Defence-industry.eu
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1 Articles
European Commission approves second wave of SAFE defence funding, unlocking €74 billion for eight EU member states
The decision follows a rigorous assessment of the Member States’ National Defence Investment Plans and opens the way for a first release of low-cost, long-term loans to support urgent military readiness and the acquisition of modern defence equipment. The framework also strengthens the integration of Ukraine into the EU’s security ecosystem, aiming to keep European defence support agile and sustainable. Funding levels were provisionally set …
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