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Image header Agence Europe
Europe Daily Bulletin No. 13626
Contents Publication in full By article 21 / 28
INSTITUTIONAL / European parliament

MEPs deplore European Commission’s decision to use Article 122 of TFEU to establish ‘SAFE’ instrument

Article 122 is an unfortunate choice in terms of monitoring budgetary control, but also from the legislative control perspective”, lamented Karlo Ressler (EPP, Croatian) in the European Parliament’s Committee on Budgets on Wednesday 23 April.

The ‘SAFE’ instrument (Security Action for Europe) is intended to provide €150 billion in loans to States so that they can acquire military equipment (see EUROPE B13603A8). By using Article 122, which can be used in the event of...

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