SAFE Program: 13 EU Nations Commit €150 Billion in Military and Financial Aid to Ukraine
4 Articles
4 Articles
SAFE Program: 13 EU Nations Commit €150 Billion in Military and Financial Aid to Ukraine
All €150 billion in SAFE (Security Actions for Europe) program loans for EU defense projects have been fully allocated among 19 countries, European Commissioner for Defense Andrius Kubilius announced on September 9. Thirteen of these countries plan to use the funds to support Ukraine, Radio Svoboda reported on September 9. The SAFE program–is an EU-backed joint borrowing scheme aimed at strengthening defense capabilities and procuring equipment …
The European Commission has decided to allocate EUR 16.68 billion to Romania through the new financial instrument "European Security Action" (SAFE), a strategic initiative aimed at supporting rapid investment in industry and defence technology. The Romanian Article receives from the EU, through the SAFE programme, over 16 billion euros, the largest amount after Poland. Money will be used and in the construction of roads will appear for the first…
Romania received the second largest allocation of European defence loans – nearly EUR 17 billion through the SAFE programme.
The European Commission is allocating €16.68 billion to Romania through the new financial instrument "Security Action for Europe" (SAFE). This is the second largest amount distributed to a Member State, after Poland, under this strategic programme.
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