Brussels 28.05.2025 The Council has adopted today a regulation setting up the Security Action for Europe (SAFE) instrument. SAFE is a new EU financial instrument that will support those member states that wish to invest in defence industrial production through common procurement, focusing on priority capabilities. (Image above: illustration) 💬 Minister for European Affairs @adamSzlapka…
Tag: loans
EUCO: Michel scales down grants
In a search of compromise the president of the European Council Charles Michel came forward with the proposal to scales down the grants (subsidies) in recovery & resilience facility (RRF) fund €672.5bn, of which loans €360bn & grants €312.5bn, 70% of grants provided in 2021-2022, 30% in 2023. The proposal constitutes a significant change in…
EUROPE DIPLOMATIC 