Story perspectives
EU Approves €787M Defense Loans for Greece's Military Upgrade
9/11/2025
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Story summary
- The European Commission approved €787.67 million in defense loans for Greece through the SAFE program.
- SAFE, with a €150 billion budget, aims to enhance EU defense capabilities.
- Greece requested €1.2 billion to upgrade its air defense and military equipment.
- Nineteen EU member states have sought loans, primarily from Eastern Europe.
- Initial loan disbursements are anticipated in early 2026.
