EU Council: green lights to SAFE. Europe supports the defence industry. Money for weapons, missiles, artillery, drones

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Through SAFE, the Security Action for Europe, a regulation passed today by the EU Council, the EU will provide up to €150 billion that will be disbursed to interested member states upon demand and on the basis of national plans. The disbursements “will take the form of competitively priced long-maturity loans, to be repaid by the beneficiary member states”. “To ensure economies of scale and interoperability and reduce possible fragmentation”, the beneficiary member states will have to carry out, in principle, common procurements “involving at least two participating countries to qualify for the loans”. The eligible activities financed through SAFE will relate to the first list of priority areas identified by the European Council on 6 March 2025 and will be divided into two categories of defence products: 1) “ammunition and missiles; artillery systems, including deep precision strike capabilities; ground combat capabilities and their support systems, including soldier equipment and infantry weapons; critical infrastructure protection; cyber; military mobility including counter-mobility”; 2) “air and missile defence systems; maritime surface and underwater capabilities; drones and anti-drone systems; strategic enablers, such as, but not limited to, strategic airlift, air-to-air refuelling and C4ISTAR systems as well as space assets and services; space assets protection; artificial intelligence and electronic warfare”.

Fonte: Agensir