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Poland seeks €45 bn in EU defense loans - minister

30.07.2025 09:50
Poland has requested about €45 billion ($52 billion) in loans from the European Union’s new SAFE program to finance defense projects, Defense Minister Władysław Kosiniak‑Kamysz said on Tuesday.
Defense Minister and Deputy Prime Minister Władysław Kosiniak-Kamysz.
Defense Minister and Deputy Prime Minister Władysław Kosiniak-Kamysz.Photo: X/KosiniakKamysz

The minister told the social‑media platform X that Warsaw had filed a “preliminary declaration” with the European Commission after bundling projects worth roughly €45 billion.

“How much we finally receive will depend on the number of applications and the Commission’s allocation,” he wrote.

SAFE (Strategic European Investment Facility for Security) offers up to €150 billion in loans through 2030 to strengthen EU members’ armed forces. Funds may be used for everything from ammunition to major weapons systems.

Poland wants the money to “reinforce key capabilities of the Polish Army” and bankroll flagship security initiatives, including the East Shield project along the country’s eastern border, Kosiniak‑Kamysz said.

He called the loans “a real investment in security and the growth of our defense industry” that would also boost NATO’s collective deterrence.

Nine other member states – Belgium, Bulgaria, Cyprus, Czechia, Estonia, Spain, Finland, Hungary and Lithuania – had submitted loan requests by Tuesday, Commission spokesman Thomas Regnier said, noting a “soft” filing deadline at midnight.

Warsaw has previously estimated it could obtain at least PLN 100 billion ($27 billion) from SAFE, a facility crafted during Poland’s term at the helm of the EU Council amid concerns over Russia’s military build‑up.

Under SAFE rules, projects should involve at least two EU countries, though single‑nation contracts are permitted in the first year. Ukraine may join the scheme in partnership with one or more member states, while Norway and Switzerland are eligible as associated countries.

($1 = €0.87)

(jh)

Source: PAP