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Radio Bulgaria (10 September 2025)

Ivo Ivanov
 

Bulgaria will receive over 3.2 billion euros from the Security Action for Europe (SAFE) programme, the European Commission announced. The loan programme is worth 150 billion euros and aims to strengthen the EU's ability to make strategic investments in defence.

The mechanism provides for long-term low-interest loans to member states with a 10-year grace period for repayment. The money will support the purchase of critically needed defence equipment.

19 EU countries are participating in the programme. They will apply for funding outside their own national budgets and the loans will not be counted as a deficit. The aim of SAFE is to speed up the closing of existing armaments gaps and to support joint procurement of military equipment. The first payments are expected to start in early 2026.

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