US EditionEU Approves €787.7 Million Defense Loan for Greece
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EU approves €787 million in defence loans for Greece
The European Commission approved €787.67 million in defence loans for Greece under the Security Action for Europe (SAFE) program on Tuesday, September 9. The funding marks the first instalment from SAFE’s total €150 billion budget, designed to boost the EU’s defence capabilities by supporting member states in procuring and producing defence equipment. Nineteen member states have applied for loans under the scheme, including Greece, Cyprus, Belgi…
The European Commission has approved €787.67 million in loans for Greece under the SAFE programme to strengthen defence preparedness. The Commission announced on Tuesday (9/9) that it has approved a temporary amount of financial support, out of the total amount of €150 billion of the Security Action for Europe (SAFE) programme, which is designed to strengthen EU defence capabilities and help member states address critical gaps, as well as jointl…
The European Commission approved loans of 787.67 million euros for Greece, within the framework of the SAFE program to strengthen defense preparedness. More...
Within the framework of the SAFE (Security Action for Europe) initiative, the European Commission has approved specific amounts of defense production loans, which will be allocated to the 19 member countries that submitted the relevant applications. — Ukrinform.
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