The Security Action for Europe (SAFE) Programme is the new EU financial instrument designed to allow EU Member States to speed up their defence readiness by enabling urgent and significant investments in support of the European defence industry, with a focus on filling critical gaps in capabilities and equipment. It is the first pillar of the ReArm Europe Plan/Readiness 2030 strategic plan that aims to unlock €800 billion in defence spending across the EU.[1]
SAFE will provide up to €150 billion in competitive long-maturity loans to Member States that request financial assistance for investments in defence capabilities. These loans will finance urgent and large-scale procurement processes, ensuring that Europe’s defence industry can deliver the requisite equipment.
The features expected of the submitted proposalsThe proposals should be:
Category 1:
Category 2:
By 29 July 2025, when the Programme’s first key deadline expired, 19 Member States had expressed an interest in accessing loans through the SAFE mechanism, with potential defence purchases of at least €127 billion.
The Member States in question are Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Greece, Hungary, Italy, Latvia, Lithuania, Poland, Portugal, Romania, Slovakia and Spain.
The following resources have been tentatively allocated to the Member States as follows:
Member-State Allocation of Resources (€) Belgium 8,340,027,698 Bulgaria 3,261,700,000 Croatia 1,700,000,000 Cyprus 1,181,503,924 Czech Republic 2,060,000,000 Denmark 46,796,822 Estonia 2,660,932,171 Finland 1,000,000,000 France 16,216,720,524 Greece 787,669,283 Hungary 16,216,720,524 Italy 14,900,000,000 Latvia 5,680,431,322 Lithuania 6,375,487,840 Poland 43,734,100,805 Portugal 5,841,179,332 Romania 16,680,055,394 Slovakia 2,316,674,361 Spain 1,000,000,000
30 November 2025 Submission of National Defence Investment Plans
January 2026 Adoption of Council Implementing Decisions
February 2026: Negotiation of loan agreements and operational arrangements, triggering pre-financing.
In search of a European strategic culture and interoperability: Behind the Lines
[1] For details on SAFE, see the relevant EXPLAINER by S. Blavoukas and P. Politis-Lamprou at https://www.eliamep.gr/wp-content/uploads/2025/05/EXPLAINER-4-EL.pdf. More generally, on the European Defence Fund and the EU Defence Industrial Ecosystem, see S. Blavoukos; P. Politis-Lamprou and G. Matsoukas at https://www.eliamep.gr/wp-content/uploads/2025/06/Policy-paper-182-Blavoukos-Politis-Matsoukas-FINAL-EL.pdf
[2] https://defence-industry-space.ec.europa.eu/eu-defence-industry/safe-security-action-europe_en
[3] The classification is based on their weight and the altitude they can reach under normal conditions. Specifically, they are:
Class I: small>20 kg; mini 2-20 kg, micro<2kg
Class II: 150-600 kg (regular)
Class III: >600 kg with three subcategories (strike, HALE, MALE).
On the categories, and more generally on NATO’s approach to unmanned aerial vehicles, see Joint Air Power Competence Centre https://www.japcc.org/
The Transatlantic Periscope is an interactive, multimedia tool that brings together expert commentary, high-quality media coverage, official policy documents, quantitative data, social media posts, and gray literature. It will provide on a monthly basis a summary of the most important news concerning the Greek-US relations, as reflected in the media. Below you will find an overview for August 2025.
On August 4, 2025, the Greek Minister of Environment and Energy, Stavros Papastavrou, met with the new Chargé d’Affaires at the US Embassy in Athens, Josh Huck, to discuss energy cooperation between Greece and the US and electricity interconnection projects in the Eastern Mediterranean. Papastavrou said that the discussion focused on energy cooperation, the South-North Vertical Gas Corridor, the utilization of infrastructure for American LNG in Revithoussa and Alexandroupolis, and the keen interest in electricity interconnection projects in the Eastern Mediterranean.
On the same day, a statement released by the American Hellenic Chamber of Commerce on the recent EU-US Trade Deal noted that the deal may present important opportunities for Greece. As it is specifically noted in the statement: “As a member of both the EU and NATO, and as a growing logistics, energy, and digital hub in Southeastern Europe, Greece stands to benefit significantly from the strengthening of transatlantic trade ties. In fact, improved market access, increased regulatory coordination, and the prospect of expanded zero-for-zero tariff arrangements can translate into tangible results for Greek exporters, investors, and technology-driven sectors”.
Secretary of State Marco Rubio held a call with Prime Minister of Greece Kyriakos Mitsotakis on August 8 regarding the strategic importance of US–Greece energy cooperation in the Eastern Mediterranean. During the call, Secretary Rubio reaffirmed the continued strength of the United States’ bilateral relationship with Greece and its role as a key NATO Ally.
At the same time, Greece and the United States are in talks to revise their Mutual Defense Cooperation Agreement (MDCA), a move that could see the establishment of two new bases for US forces in mainland Greece and a significant expansion of the American military footprint in the country. The ongoing negotiations are also focused on upgrading existing facilities. The US will remain in the strategic northeastern port of Alexandroupoli and is set to spend $42 million to upgrade its naval base at Souda Bay in Crete. According to officials, the two new locations being considered for US forces are the Petrochori firing range in the western Peloponnese and the Dalipis Army Base near Thessaloniki.
More at: https://transatlanticperiscope.org/relationship/GR#
Das diesjährige Gipfeltreffen der Shanghaier Organisation für Zusammenarbeit (SOZ) in Tianjin war das bisher größte in ihrer Geschichte. Mehr als 20 Staatschefs und zehn Vertreter internationaler Organisationen nahmen an dem Gipfel teil. Während dieser SOZ+ hielt Chinas Staats- und Parteichef Xi Jinping eine Rede, in der er prominent die Global GovernanceInitiative (GGI) des Landes ankündigte. Entwicklung, Sicherheit, Zivilisation und Governance bilden für Peking die vier Säulen für den Aufbau einer »Gemeinschaft mit einer gemeinsamen Zukunft der Menschheit« oder, konkreter, einer neuen Weltordnung. Daher ist es dringend geboten, dass Deutschland und Europa China in dieser Phase anhaltenden Umbruchs als globalstrategische Herausforderung begreifen.