Kaja Kallas· No determinado

Confirmed

SAFE has a budget of EUR 150 billion for enhancing Europe's defence readiness.

Omissions

• The EUR 150 billion figure represents the maximum amount available ('up to'), not necessarily the full amount that will be disbursed. The funds are provided as loans to Member States, not as direct grants, and disbursement is upon demand based on national co-financing commitments.

Sources

• PrimaryCouncil of the European Union - SAFE: Council adopts €150 billion boost for joint procurementThrough SAFE the EU will provide up to €150 billion that will be disbursed to interested member states upon demand
• PrimaryEuropean Parliament - Legislative Train: Security Action for Europe (SAFE)On 19 March 2025, the Commission proposed a new financial instrument, 'Security Action for Europe' (SAFE), of up to €150 billion in loans for five years
• SecondaryEuronews - Everything you need to know about SAFE, the EU's €150bn defence instrumentAmbassadors from EU countries on Wednesday approved the €150 billion loan instrument to boost defence production across the bloc