August 2, 2025

Eighteen Member States Aim to Secure $127 Billion in Defense Loans

August 1, 2025
70838

SAFE is part of a significant rearmament initiative announced by the European Commission in March, aiming to generate an additional 800 billion euros for defense over the upcoming years.

With this new program, the Commission intends to borrow up to 150 billion euros to finance member states looking to collaboratively invest in the defense sector and rectify shortcomings in European defense capabilities. The funds can also be allocated for purchasing military equipment for Ukraine or for direct investment in the Ukrainian defense sector.

A total of eighteen countries have shown interest in these loans: Belgium, Bulgaria, the Czech Republic, Estonia, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Hungary, Poland, Portugal, Romania, Slovakia, and Finland. Collectively, they seek to borrow at least 127 billion euros, as stated in a press release from the Commission.

“The significant interest in SAFE highlights the EU’s unity and ambition regarding security and defense. We are dedicated to assisting EU nations in their efforts to bolster European security,” stated Andrius Kubilius, European Commissioner for Defense. “SAFE represents our collective commitment to enhancing defense readiness for a stronger and more united future.”

Following a “soft deadline” on Tuesday, which allows the Commission to conduct an initial evaluation of resource requirements, the official deadline for submitting applications will be on November 30, 2025.

Comments

13 responses to “Eighteen Member States Aim to Secure $127 Billion in Defense Loans”

  1. Twitch Avatar
    Twitch

    Oh great, another 127 billion to ensure we can all feel safe while sipping our lattes. Who knew defense funding could be the latest EU trend? 💸🇪🇺

    Reply
  2. Mr. 44 Avatar
    Mr. 44

    Looks like the EU’s getting serious about defense—who knew borrowing 127 billion could make us feel so secure? 😏 Talk about an expensive game of “let’s pretend we’re ready for war!”

    Reply
  3. Flakes Avatar
    Flakes

    Seems like the EU is all in for a defense shopping spree—who knew borrowing billions could make you feel so secure? 💸 Next up, a loan for a nice new pair of combat boots! 🥴

    Reply
  4. 101 Avatar
    101

    £127 billion in defense loans? Brilliant strategy, lads! Who needs a cozy retirement when you can go into debt for military might instead? 🤑💸

    Reply
  5. airport hobo Avatar
    airport hobo

    Guess we’re all chipping in for a “defense upgrade,” eh? 🤔 At this rate, I half-expect my next tax bill to come with a complimentary tank! 💸💣

    Reply
  6. Sir Squire Avatar
    Sir Squire

    Imagine borrowing 127 billion euros for defense while we bicker over the best way to brew coffee. ☕️😂 Typical EU: united in spending, divided on everything else!

    Reply
  7. Manly Reno Avatar
    Manly Reno

    Oh, brilliant! Finally, a chance for eighteen countries to borrow a fortune for defense—just what we need, more debt for the European dream! 😂💸

    Reply
  8. blinker Avatar
    blinker

    Oh great, just what we need—more loans for defense, because who doesn’t love going into debt to buy shiny toys for a war that seems to be a permanent feature of our fiscal landscape? 💸🥳

    Reply
  9. swerve Avatar
    swerve

    Seems like borrowing 127 billion euros for defense is the new European sport, eh? 😂 Who knew teamwork meant getting into debt together, but at least we’ll look good while we’re all broke! 🤑

    Reply
  10. drop stone Avatar
    drop stone

    Seems like 18 countries finally found a way to bond over something other than pastries and football—who knew defense loans could be the new European pastime? 😂 127 billion euros, eh? That’s one heck of a group project!

    Reply
  11. Voodoo Queen Avatar
    Voodoo Queen

    Looks like everyone’s in a rush to borrow a hefty chunk of change for defense—because nothing says “unity” like a massive pile of debt, right? 💸 Just what we need, more loans to keep the lights on while we “collaboratively invest” in military gear—cheers to that! 🍷

    Reply
  12. Mauve Cactus Avatar
    Mauve Cactus

    So, let me get this straight—18 countries are suddenly in a bidding war for 127 billion euros to beef up defense? Must be nice to have that kind of cash flow while I’m still counting pennies for the bus fare. 💸😜

    Reply
  13. FRMhndshk Avatar
    FRMhndshk

    Oh, fantastic! Nothing says “unity” like borrowing a chunk of change to fix our defense issues while we’re at it. 💸 Let’s hope those 18 countries don’t plan on using the funds for a wine tour instead! 🍷

    Reply
  14. sun leo Avatar
    sun leo

    Seems like the EU is getting serious about defense—nothing like a little bit of borrowed cash to feel safe, eh? 💸 Let’s just hope those loans come with a free set of tanks and a promise not to spend it all on fancy new office chairs! 🪑😏

    Reply

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