EU’s €150 billion SAFE rearmament initiative fully requested

Published 29/08/2025, 13:04
EU’s €150 billion SAFE rearmament initiative fully requested

Investing.com -- The European Commission has received funding requests that reach the full €150 billion ($175.61 billion) available under the European Union’s ’SAFE’ rearmament initiative, Commission President Ursula von der Leyen announced Friday.

Von der Leyen said that 19 countries, including Latvia, have applied for support through the instrument, which was launched earlier this year.

The SAFE initiative aims to enhance Europe’s defense capabilities by helping member states replenish their military stockpiles and strengthen strategic autonomy.

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