Security Action for Europe (SAFE)

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EU approves Hungary's defence loan, closing first round of SAFE programme

First round complete; €21 billion remains

The European Commission approved Hungary's €5.4 billion defence loan on October 28, closing the first round of the EU's €150 billion Security Action for Europe (SAFE) programme. Nineteen countries have had plans approved for about €129 billion, leaving slightly more than €21 billion in the pool.

Updated Nov 1