SAFE: European Commission approves Romania’s EUR 16.7 bln defense plan
The European Commission (EC) approved Romania's national defense projects worth almost EUR 16.7 billion under the Security Action for Europe (SAFE) programme, paving the way for low-cost, long-term EU loans aimed at strengthening military…
Irina Marica · Journalist
· Updated · 3 min read
The European Commission (EC) approved Romania's national defense projects worth almost EUR 16.7 billion under the Security Action for Europe (SAFE) programme, paving the way for low-cost, long-term EU loans aimed at strengthening military capabilities and strategic infrastructure.
On January 15, the EC endorsed the defense investment plans of eight EU member states - Belgium, Bulgaria, Denmark, Spain, Croatia, Cyprus, Portugal, and Romania - and submitted a proposal to the Council to approve the associated financial assistance.
