Lithuania Was the Second Country to Sign the SAFE Agreement. This Is How Much It Will Receive
5 Articles
5 Articles
Lithuania is the second European Union country, after Poland, to sign the SAFE agreement. The funds will be allocated primarily to the development of the national division, ammunition stockpiles, counter-mobility equipment, and other ongoing needs of the armed forces. Prime Minister Inga Ruginiene previously indicated that the largest portion of the funding will be allocated to strengthening air defense. The government plans to allocate some of …
Lithuania has signed an agreement with the European Commission under the SAFE program, guaranteeing financial support worth €6.375 billion. The agreement is significant for the security of not only Lithuania but also Europe as a whole. The funds will be allocated to military modernization, the purchase of modern defense systems, and the implementation of NATO commitments.
The European Security Action Facility (SAFE) agreement was signed in Vilnius on Saturday, providing Lithuania's national defense with nearly 6.4 billion euros in long-term loans.
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lrytas.ltLithuania and the European Commission (EC) signed a €6.375 billion concessional defence loan facility (SAFE) agreement on Saturday. The agreement was signed by Lithuanian Finance Minister Kristupas Vaitiekūnas and National Defence Minister Robertas Kaunas, as well as European Commission (EC) members Andrius Kubilius, Commissioner for Defence and Space, and Piotr Serafin, Commissioner for Budget. The SAFE concessional loans are intended to stre…
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