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EU Defense Program Threatens Smaller Finnish Firms

8/5/2025

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Summary

Story summary

A new report from the Research Institute of the Finnish Economy raises alarms about the EU's 150 billion euro Security Action for Europe (SAFE) program, which could sideline smaller Finnish defense firms. By prioritizing larger companies, the initiative threatens to shrink the market for these vital players. Experts advocate for national funding to better support Finland's defense industry.

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Story summary

A new report from the Research Institute of the Finnish Economy raises alarms about the EU's 150 billion euro Security Action for Europe (SAFE) program, which could sideline smaller Finnish defense firms. By prioritizing larger companies, the initiative threatens to shrink the market for these vital players. Experts advocate for national funding to better support Finland's defense industry.