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The path to SAFE II: inside the struggle to revamp Europe's defence financing tool

Euronews · Jun 12, 2026, 2:23 PM · Also reported by 1 other source

Why this matters: an international story with cross-border implications worth tracking.

EU policymakers are weighing a SAFE II defence financing tool, with Eastern-flank states pushing for grants over loans. But the final SAFE I uptake, the development of the European defence industry, Ukraine's battlefield-driven tech edge and shifting warfare scenarios are shaping what comes next.

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