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Euronews
Alice Tidey

'Big step forward': Disbursement of EU's €150bn defence loan scheme to start in early 2026

European Union Andrius Kubilius Safe Commission

The European Commission estimates it will be able to disburse the first funds under its €150 billion defence loan scheme to allow member states to jointly procure European-made military equipment in the first quarter of next year.

Commissioners on Tuesday adopted the tentative allocation for the so-called SAFE (Security Action for Europe) loans to the 19 member states that requested access to the programme in what Andrius Kubilius, the Commissioner for Defence and Space, described as a "big step forward for our defence readiness".

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