See every side of every news story
Published loading...Updated

18 countries apply for EU billions as Europe seeks to provide for its own security without the US

BRUSSELS, BELGIUM, JUL 30 – Nine European Union countries have applied for loans from the $173 billion Security Assistance Facility to boost defense production and support Ukraine amid ongoing conflict with Russia.

  • Brussels announced on July 30, 2025, that nine EU members expressed interest in loans under the $173 billion SAFE scheme, the European Commission said.
  • Earlier this month, EU Defence Commissioner Andrius Kubilius and Finance Chief Valdis Dombrovskis urged capitals to use the SAFE scheme launched under the ReArm Europe initiative.
  • By midday Tuesday, only nine requests had been submitted, including Belgium, Bulgaria, Cyprus, Czechia, Estonia, Spain, Finland, Hungary, and Lithuania, said the European Commission.
  • The scheme, as described by the European Commission, offers 45-year repayment terms with up to 15% advance payments for EU participants, strengthening Ukraine's defense.
  • Next year, capitals could issue new projects to use the remaining 23 billion, said the European Commission.
Insights by Ground AI
Does this summary seem wrong?

59 Articles

Lean Left

The European Commission has already received requests for appropriations from Member States interested in financing joint arms purchases. It has finally been 18 States and requests for loans to the European defence fund and related projects amount to 127 billion euros, according to the EU Executive. The figure has increased considerably in the last hours because a day earlier, this Tuesday, the Commission itself had reported that there were nine…

·Spain
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 59% of the sources lean Left
59% Left

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Česká televize broke the news in on Tuesday, July 29, 2025.
Sources are mostly out of (0)