EU to Redirect Unused SAFE Defence Funds to Joint Projects With Ukraine
5 Articles
5 Articles
Unused funds of the European defense program SAFE will be directed to support Ukraine. They will be used to finance joint projects with Ukrainian defense enterprises.
The European Commission wants to use SAFE's unspent funds for joint defence projects with Ukraine, in particular the Freyja system, while Poland relied on that money for its own use.
Poland and some other EU countries were taken aback by the words of European Commission President Ursula von der Leyen about her intention to use the remaining funds of the SAFE program to create a separate program of joint projects with Ukrainian companies.
Poland and some EU countries are surprised by the decisive announcement by European Commission President Ursula von der Leyen. In today's address, she announced the use of unused funds from the €150 billion SAFE loan program for joint projects with the Ukrainian defense industry. Poland, meanwhile, previously announced its intention to participate in the second SAFE call and allocate unused funds from other countries to its own defense projects.
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