EU Eyes €20 Billion Surge to Fuel Joint Defense Operations With Ukraine
The European Commission wants to redirect unused SAFE funds to joint projects as Ukraine faces a €23 billion defense budget gap.
4 Articles
4 Articles
EU Eyes €20 Billion Surge to Fuel Joint Defense Operations With Ukraine
The European Commission is preparing a tender for defense initiatives aiming to secure approximately €20 billion ($22.2 billion) in unallocated capital from the SAFE program, opening participation to joint ventures between European Union member states and Ukraine.
European Commission plans to allocate around €20 billion to joint EU–Ukraine defence projects – Kubilius
The European Commission plans to use around EUR 20 billion in unused loan funds under the SAFE programme for a new call for defence project proposals involving EU countries and Ukraine. The initiative envisages projects in both Ukraine and the European Union.
<p>EU plans to direct €20 billion SAFE to joint defence projects with Ukraine The EU wants to use €20 billion of unused SAFE funds for a new defence project tender with Ukraine. Its lack of support in By 2025, it is estimated at €23 billion</p>.
The European Commission wants to expand cooperation with the Ukrainian defense and use Ukraine's experience in military innovations
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