Kaja Kallas· No determinado

Unverifiable

SAFE loans total EUR 150 billion.

Omissions

• The sources found confirm that SAFE has a maximum capacity of EUR 150 billion, but do not confirm that requests from Member States total exactly this amount
• No source was found confirming that exactly 19 Member States had requested SAFE loans as of January 20, 2026
• No source was found confirming that exactly 700 defence projects are being funded through SAFE requests
• The first wave of approvals (January 15, 2026) covered only 8 Member States, suggesting the claim may refer to a broader pool of applicants

Sources

• PrimaryEuropean Commission - Security Action for Europe (SAFE)SAFE will provide up to EUR 150 billion in competitively priced, long-maturity loans to Member States requesting financial assistance for investments in defence
• PrimaryEuropean Commission - First wave of SAFE defence funding approvedInitial batch of SAFE plans approved for Belgium, Bulgaria, Estonia, Greece, Italy, Latvia, Lithuania and Romania - eight Member States
• SecondaryEU Perspectives - SAFE: Europe's EUR 150 billion bet on defenceSecurity Action for Europe (SAFE) is intended to provide up to EUR 150 billion of loans to co-finance large-scale defence projects