EU Adopts SAFE, a EUR 150 Billion Defence Loan Instrument
Europa Building, Rue de la Loi - Wetstraat, Quartier des Squares - Wijk van de Squares, European Quarter, Brussels, Brussels-Capital, 1040, Belgium
Council of the European Union
CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins82% CONFIDENCEOverall confidence: 82%How well the pin's source and references back up its dates.Weighted average of how firmly 2 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or betterCouncil Regulation (EU) 2025/1106 'of 27 May 2025 establishing the Security Action for Europe (SAFE)', 'Done at Brussels, 27 May 2025'; Article 12(1): the loans' availability period 'shall end on 31 December 2030'.[1]
The Council of the EU adopted Security Action for Europe (SAFE), which lets member states borrow up to EUR 150 billion in long-term EU loans for joint purchases of weapons and equipment, mostly sourced in the EU, EEA-EFTA states or Ukraine.
€150B
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