EU Approves €150 Billion SAFE Defence Loan Scheme to Strengthen European Security
On May 21, 2025, EU ambassadors approved the Security Action for Europe (SAFE), a €150 billion loan facility aimed at enhancing Europe’s defense capabilities. This initiative, proposed by the European Commission, seeks to bolster joint military projects and reduce reliance on non-EU suppliers amid growing security concerns. (Reuters) Key Features of SAFE Objectives and Strategic […]
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