US EditionEU Approves €150 Billion SAFE Loan Scheme to Reinforce Defense Industry
- On May 27, 2025, the European Union formally approved SAFE, a 150 billion-euro loan program to boost defense spending across member states.
- The program builds on a March proposal by the European Commission aimed at assisting member states in securing the resources and backing needed to achieve NATO’s updated defense goals amid increasing threats from Russia and Belarus.
- SAFE uses the EU’s triple-A credit rating to borrow funds on markets, loans will be granted to states with a maximum 60 percent share for the top three recipients, and a 65-35 production value rule includes EFTA countries and Ukraine.
- Benjamin Haddad, France’s minister for European affairs, described SAFE as an important advancement that highlights Europe’s commitment to favoring its own industries, lessening reliance on external powers such as the United States, and fostering greater strategic independence.
- The SAFE loans, backed by the EU budget and expiring in 2030, aim to stimulate joint procurement and defense production, but require fair access for external partners and further steps to deepen European defense integration.
144 Articles
144 Articles
European Union Adopts Historic Defense Program
The European Union has officially adopted a historic $170 billion defense program. The program, called the Security Action for Europe (SAFE), will “support those member states that wish to invest in defence industrial production through common procurement, focusing on priority capabilities,” a statement from the Polish Presidency of the Council of the EU says. We have adopted the first large-scale defence investment programme on the EU level wor…
EU Approves $170 Billion Defense Fund as Europe Moves to Take Charge of Own Security
The European Union (EU) has formally adopted a landmark $170 billion defense financing program aimed at rearming the continent, bolstering its defense industry, and reducing reliance on the United States as the war in Ukraine rages on and questions swirl about America’s future engagement in Europe’s security amid increasing risks in the Pacific posed by communist China. The new instrument, known as the Security Action for Europe (SAFE), was fina…
EU: Final Agreement to Finance Joint Weapons Projects of EUR 150 Billion
On Tuesday, 27 May, the European Union countries finally adopted an agreement in principle to facilitate their joint arms purchases, as part of a European programme with some EUR 150 billion, the EU Council said.
The Twenty-Seven Reach Agreement on the Safe Instrument, Which Is to Contribute to the Financing of Europe's Rearmament.
With EUR 150 billion, it will provide loans to Member States and associated third countries for joint procurement and development projects of military capabilities. ...
EU adopts €150 billion defense debt plan - Anonymous Wire
The initiative aims to fund European weapons production and procurement in order to reduce dependence on the US The Council of the European Union has formally endorsed a plan to fund military buildup efforts across the bloc through a €150 billion ($170 billion) borrowing mechanism. The initiative comes after Washington announced it would ramp down its involvement in Europe’s defense. The financing arrangement will allow the European Commission…
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