30.06.2025
The Council has adopted a regulation establishing a new EUR 150 billion financial instrument, Security Action for Europe (SAFE).
Figure: European Union
The purpose of the instrument is to support defence industrial production in the EU through joint procurement, with a focus on specified capabilities.
The objective of the instrument is to strengthen European defence readiness by increasing production capacity, accelerating the availability of defence equipment and filling existing capability gaps. It is part of the Commission's ReArm Europe plan, which aims to support Member States in joint procurement and strengthen the EU's ability to respond more effectively to security threats.
Through SAFE, the EU can provide long-term loans to Member States based on these project plans. Joint procurements are also open to Ukraine and EEA/EFTA countries, provided that at least one EU country uses a SAFE loan for the project in question.
SAFE entered into force on 29 May.
