Tag #Safe

Showing 1 to 7 of 7 results

gr.euronews.com
🌐 85% Global Worthiness
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EU Approves €150 Billion Defense Fund, Allocating €787 Million to Greece and €1.18 Billion to Cyprus

The European Commission approved €150 billion in funding for the European Defence Fund (EDF) under the "SAFE" program, allocating €787,669,283 to Greece and €1,181,503,924 to Cyprus to bolster their defense capabilities and address critical gaps.

Progress

48% Bias Score

Peace, Justice, and Strong Institutions
euronews.com
🌐 85% Global Worthiness
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EU to Borrow €150 Billion for Defense Industry Boost

The EU plans to borrow €150 billion for its new Security Action for Europe (SAFE) initiative, part of the Readiness 2030 plan to mobilize €800 billion for defense by 2030, to address shortcomings in the EU's defense industrial base exposed by the war in Ukraine, boosting production and procurement o...

Progress

32% Bias Score

Peace, Justice, and Strong Institutions
gr.euronews.com
🌐 85% Global Worthiness
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EU Approves €150 Billion Defense Fund, SAFE

The EU Council approved the SAFE initiative, providing €150 billion in loans for joint European defense investments, with participation from non-EU countries possible under specific conditions, including unanimous approval for nations like Turkey and safeguards to protect EU interests.

Progress

44% Bias Score

Industry, Innovation, and Infrastructure
news.sky.com
🌐 85% Global Worthiness
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UK to Access EU Defence Fund Despite Brexit Tensions

The UK is set to access the EU's €150bn defence fund (SAFE) before the end of the year, despite some member states' reservations due to Brexit; this is part of a wider agreement covering fishing rights, trade, and travel.

Progress

48% Bias Score

Peace, Justice, and Strong Institutions
kathimerini.gr
🌐 85% Global Worthiness
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Greece Seeks €1.2 Billion EU Loan for Military Modernization

Greece will apply for €1.2 billion from the EU's SAFE mechanism to finance the accelerated acquisition of Israeli-made Barak MX anti-aircraft systems and PULS multiple rocket launchers, aiming to enhance its national defense and contribute to a broader European anti-missile shield.

Progress

40% Bias Score

Peace, Justice, and Strong Institutions
it.euronews.com
🌐 85% Global Worthiness
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EU to Borrow €150 Billion for Defense Investment

The EU plans to borrow €150 billion for its Security Action for Europe (SAFE) initiative, part of the Readiness 2030 plan aiming to mobilize €800 billion for defense investments by 2030, to increase the production of military equipment and reduce reliance on US arms.

Progress

36% Bias Score

Peace, Justice, and Strong Institutions
politico.eu
🌐 90% Global Worthiness
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EU's SAFE Program Needs a Second Engine: The Proposed DSR Bank

The EU's new €500 billion+ SAFE program for joint defense procurement has a crucial shortcoming: it lacks an industrial strategy. To rectify this, a proposed Defense, Security and Resilience (DSR) Bank is suggested for direct lending and guarantees to boost private sector capacity and avoid future p...

Progress

52% Bias Score

Industry, Innovation, and Infrastructure

Showing 1 to 7 of 7 results