Poland fully utilized the SAFE loan project, investing 44 billion euros in the domestic defence industry.

Omissions

• The MEP presented the full loan agreement amount (€43.7 billion) as money already invested, when in fact only the first payment of €6.6 billion had been disbursed as of the session date (29 May 2026) — meaning approximately 85% of the funds had not yet been drawn down.
• The SAFE programme finances defence procurement broadly, including joint procurement among Member States, not exclusively investment in the 'domestic defence industry' as claimed. The Regulation requires at least 65% of components to originate from the EU/associated countries, but does not restrict spending to a single Member State's domestic industry.
• The loan agreement was signed only on 8 May 2026 — barely five weeks before the session — making it impossible for the full amount to have been invested in such a short timeframe.
• The agreement covers disbursements over a four-year period; the MEP's use of the past tense 'invested' (zainwestowane) obscures the fact that this is a multi-year commitment still in its earliest stages.

Sources

• PrimaryEuropean Commission — Defence Industry and SpaceOn 29 May 2026, Poland received its first payment of €6.6 billion under the Security Action for Europe (SAFE) defence financing instrument. This is the first tranche under Poland's €43.7 billion loan agreement.
• PrimaryEuropean Commission — SAFE overviewSAFE will provide up to €150 billion in competitively priced, long-maturity loans to Member States requesting financial assistance for investments in defence capabilities. The instrument is designed to finance joint procurement and strengthen the European Defence Technological and Industrial Base.
• SecondaryNotes from PolandPoland has signed an agreement with the European Commission to receive €43.7 billion (185 billion zloty) in loans over the next four years under the EU's SAFE programme. Poland is the first EU member state to sign such an agreement.