The European Commission has allocated Romania €16.68 billion through the new financial instrument Security Action for Europe (SAFE). This represents the second-largest sum granted to a member state, after Poland, within this strategic program.

SAFE, with a total value of €150 billion, is designed to help EU member states make rapid and significant investments in the defense industry and technology. By accessing loans under advantageous conditions, Romania will be able to finance key projects for the modernization of its military equipment and the development of its own production capacity.

“The allocation of €16.68 billion confirms that the European Commission recognizes both Romania’s security needs and its active role in building a safer Europe. This funding is a major support for modernizing our military system and developing the defense industry, at a time when strengthening national security is vital. We secured this financing through intense negotiations, without adding extra pressure on the national budget, which is essential in the current economic context. At the same time, these funds will allow us to provide greater safety for Romanian citizens in a period marked by major geopolitical challenges,” said Alexandru Nazare, Minister of Finance.

SAFE is a temporary emergency instrument, operational until December 31, 2030. It offers loans with maturities of up to 45 years and a grace period of 10 years. Depending on the state’s choice, a pre-financing of up to 15% of the loan can also be provided.

The financing also aims to encourage a joint European approach to the urgent acquisition of defense-related products, in a way that strengthens the European defense industry, supply security, and the interoperability of forces and equipment.