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Euronews
Euronews
Alice Tidey

Commission approves eight more SAFE defence investment plans worth €74bn

Estonia, Greece, Italy, Latvia, Lithuania, Poland, Slovakia and Finland on Monday had their national investment plans under the EU's new €150 billion loan for defence scheme approved by the European Commission.

These eight countries had asked for a total of €74 billion in funding – around half the total amount the Commission plans to raise on the market to finance its Security Action for Europe (SAFE) programme – with Poland accounting for €43.7 billion alone.

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