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SAFE: Council adopts EUR150 billion boost for joint procurement on European security and defence
May 27, 2025
BRUSSELS, Belgium, May 27 -- The Council of the European Union posted the following news release:

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SAFE: Council adopts EUR150 billion boost for joint procurement on European security and defence

The Council has adopted today a regulation setting up the Security Action for Europe (SAFE) instrument. SAFE is a new EU financial instrument that will support those member states that wish to invest in defence industrial production through common procurement, . . .

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