EU reopens €21.3bn in unused SAFE defence loans and urges joint projects with Ukraine
The European Commission has reopened €21.3bn in unused defence loans under the Security Action for Europe programme and is pressing member states to consider joint projects with Ukrainian companies. The move comes as Ukraine faces a large budget shortfall and continues to deal with damaging airstrikes. The funding round is part of the EU's effort to strengthen defence production and capabilities while also supporting cooperation with Kyiv.The new call for proposals runs until 13 November, after several member states borrowed less than expected in the first round. Italy, Hungary and France were among those that took up far less than... [Continue Reading]
360LiveNews | 29 Oct 2026 16:00 LONDON
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