Romania signs €16.7bn SAFE financing agreement with European Commission
8 Articles
8 Articles
Acting Prime Minister Ilie Bolojan emphasizes that the SAFE agreement between Romania and the European Commission, the signing procedure of which was completed on Thursday, has five major advantages for our country. In this context, Bolojan also emphasizes the “partnership with European industry”, specifying that over four billion euros “are directed” to the completion of the highways in the northeast of the country. The article Bolojan emphasiz…
European Budget Commissioner Piotr Serafin has signed the financing agreement for Romania under the SAFE programme, through which our country will receive 16.68 billion euros for defence and arms industry, announced the Ministry of Public Finance. "SAFE is not just a financial instrument, but an investment in security and resilience of Romania," said Minister Alexandru Nazare.
Romania has five advantages that stem directly from signing the SAFE agreement, a program that ensures access to a loan of 16.68 billion euros for investments in defense, strategic infrastructure and the development of production capacities in the country, interim Prime Minister Ilie Bolojan explained on Friday, in a Facebook post. "The stakes of this program are not only security [...] The article Prime Minister Bolojan, about the 5 advantages …
The Ministry of National Defence submitted that it will continue to implement the European SAFE programme, stressing that all procurement and negotiations will be carried out with strict respect for Romania's security interests.
The Ministry of National Defense says that the negotiations within the SAFE program may take longer because the ministry wants better and safer conditions for Romania. The process must strictly respect "Romania's security interests" and provide sufficient guarantees for the Romanian state. The Ministry of National Defense says that the priority is not to respect an "arbitrary" deadline, but to conclude "sustainable, balanced and advantageous" co…
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