SAFE first wave: national defence investment plans approved for 8 member states
- Issuer or borrower
- European Commission (SAFE)
- Date
- 15 Jan 2026
- Amount
- €38bn
- US$ equivalent
- US$44.1bn
- Type
- Government finance
- Structure
- Approval of plans for Belgium, Bulgaria, Denmark, Spain, Croatia, Cyprus, Portugal and Romania
- Country
- European Union
This is a programme-level or conditional commitment. It is listed for reference and left out of funded totals.
Sources
- European Commission: first wave of defence funding under SAFE defence-industry-space.ec.europa.eu · 15 Jan 2026
Checked against the documents above. Record DEF-2026-0001.
Other financings by European Commission (SAFE)
| Date | Financing | Type | Amount |
|---|---|---|---|
| 15 Apr 2026 | European Defence Fund 2025 call results | Government finance | €1.07bn |
| 26 Jan 2026 | SAFE second wave: plans approved for 8 member states incl. Poland and Italy | Government finance | €74bn |
| 9 Sep 2025 | SAFE (Security Action for Europe) €150bn loan instrument: allocation adopted | Government finance | €150bn |
| 30 Apr 2025 | European Defence Fund 2024 call results | Government finance | €910m |
| 16 May 2024 | European Defence Fund 2023 call results | Government finance | €1.03bn |
| 26 Jun 2023 | European Defence Fund 2022 call results | Government finance | €832m |
