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18 EU Nations Seek Billions in Defense Funds Amid Europe Pivot
The New Indian Express Tiruchy
|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. The fund was launched after the Trump administration signaled that Europe is no longer a US security priority. It's for buying key equipment like air and missile defense systems, ar
Dit verhaal komt uit de July 31, 2025-editie van The New Indian Express Tiruchy.
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The New Indian Express Tiruchy
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