SAFE loans EU

EU disburses $3.9 billion for missiles and drones for Ukraine

The European Union will urgently provide Ukraine with EUR3.3 billion ($3.9 billion) to strengthen its defense capabilities as Russia escalates its terror bombing campaign, European Commission President Ursula von der Leyen announced on Sept. 17.

18 September, 03:29 AM

Canada to join EU's SAFE security initiative

Canada has reached an agreement to join the European Union's Security Action for Europe (SAFE) security initiative, which will provide Canadian defense companies with expanded access to the European market, Prime Minister Mark Carney's office announced on Dec. 1, according to Reuters.

2 December 2025, 11:20 AM

EU launches €150 billion SAFE defense loan program — what Ukraine can expect?

The European Commission has distributed $160 bln (€150 bln) in long-term low-interest loans under its new SAFE program (Security Action for Europe) to strengthen defense capabilities amid Russia’s war in Ukraine, the organization wrote on Sept. 9.

10 September 2025, 10:18 AM

EU Council approves €150 billion defense fund, Ukraine eligible to join joint arms purchases

The European Union Council has approved regulations to create a €150 billion ($168.3 billion) fund known as Security Action for Europe (SAFE), aimed at boosting joint defense procurement across the bloc. The announcement was published on the EU Council’s website on May 27.

27 May 2025, 07:20 PM

EU agrees on €150 billion fund to strengthen Europe’s defense capabilities

EU countries approved the €150 billion ($168.7 billion) Security Action for Europe (SAFE) fund to enhance European defense through loans for joint arms purchases, with final approval set for May 21, the Financial Times reported.

19 May 2025, 06:45 PM

EU Defense Commissioner Kubilius: Trump’s approach to peace talks only made Putin stronger

At the Kyiv Security Forum, NV correspondent Nataliia Rop spoke with Andrius Kubilius, EU Commissioner for Defence and Space, about boosting military aid to Ukraine, Trump’s peace efforts, and why Europe must prepare to defend itself as U.S. focus shifts toward the Indo-Pacific.

15 May 2025, 07:08 PM

SAFE loans EU