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Euronews
Euronews
Alice Tidey

EU approves €38bn in first defence investments under €150bn SAFE scheme

European Union Safe Commission Europe

European Union defence ministers on Wednesday approved the national investment plans of eight member states, paving the way for the first disbursements under the bloc's €150 billion Security Action for Europe (SAFE) scheme.

The plans by Belgium, Bulgaria, Denmark, Spain, Croatia, Cyprus, Portugal and Romania are together worth €38 billion.

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