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Poland secures €44 billion EU defence loans for Safe program

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Story summary
  • Poland’s government, led by Prime Minister Donald Tusk, secured €44 bn EU defence loans.
  • The Safe programme provides the EU’s largest €44 bn defence loan, 90% for domestic firms.
  • State-owned Polska Grupa Zbrojeniowa (PGZ) partnered with Babcock to build new frigates at Gdynia.
  • BAE Systems and PGZ subsidiary Mesko will open an artillery plant near Katowice, targeting 200,000 shells yearly by 2025.
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