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18 EU Nations Seek Billions in Defense Funds Amid Europe Pivot
The New Indian Express Kottayam
|July 31, 2025
EIGHTEEN European Union countries have applied for billions of euros from a new defense fund aimed at helping Europe provide for its own security, the bloc's executive branch said Wednesday, with Poland seeking more than a third of the money.
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The Security Action for Europe (SAFE) fund is a 150-billion-euro ($173 billion) program of cheap loans that member countries, Ukraine and outsiders with an EU security agreement, like Britain, can use to buy military equipment together.
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The New Indian Express Kottayam
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