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Poland to receive €43bn in defence funds as EU prepares SAFE loan rollout

24.04.2026 11:10
The European Commission has sent draft loan agreements under its SAFE defence funding programme to 18 of the 19 participating EU member states, including Poland, which is set to receive EUR 43.7 billion in low-interest loans.
A European Union flag outside the European Commission headquarters in Brussels.
A European Union flag outside the European Commission headquarters in Brussels.Photo: REUTERS/Yves Herman/File Photo

Commission spokesman Thomas Regnier confirmed the documents were dispatched on Thursday to countries whose national defence investment plans had been approved by both the EU executive and the Council of the European Union.

Poland's government representative for the SAFE programme, Magdalena Sobkowiak-Czarnecka, confirmed that Warsaw had received the text, describing it as the conclusion of weeks of negotiations between member states and the Commission.

She said the terms are identical for all participating countries.

European Commission head Ursula von der Leyen said Poland is the programme's largest single beneficiary, with EUR 43.7 billion allocated to fund defence projects – more than any other of the 19 participating states.

A 15-percent advance payment of around EUR 6.5 billion will be released once Poland signs the agreement.

The speed of signing depends on how quickly each country completes its domestic procedures.

The Czech Republic and France also received the documents, despite their plans having been approved only two weeks ago.

Hungary remains the only participating country yet to receive the agreement, after failing to implement changes required by the Commission.

The loan agreements had originally been expected in March.

Delays followed a decision to produce a standardised template, which drew around 250 proposed amendments from member states.

The SAFE programme provides up to EUR 150 billion in low-interest loans, primarily for the purchase of military equipment, with a preference for European-made products.

(ał/gs)

Source: PAP