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Image header Agence Europe
Europe Daily Bulletin No. 13649
Contents Publication in full By article 23 / 32
ECONOMY - FINANCE - BUSINESS / Economy/defence

EU Council adopts ‘SAFE’ instrument of loans to Member States to increase military spending

On Tuesday 27 May, the Council of the European Union formally adopted the regulation establishing the ‘SAFE’ instrument, which will grant loans of up to €150 billion to Member States wishing to increase their military spending (see EUROPE B13645A28, B13642A3).

We have adopted the first large-scale defence investment programme (...). This is not only a success for the [Polish] Presidency, but for the EU as a whole”, said Polish Minister for European Affairs Adam Szłapka.

All...

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FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
SECTORAL POLICIES
INSTITUTIONAL
SOCIAL AFFAIRS
SECURITY - DEFENCE
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
COUNCIL OF EUROPE
NEWS BRIEFS
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