EU Member States have fully subscribed to the EUR 150 billion available under the SAFE plan to support the European defence industry, European Commission President Ursula von der Leyen confirmed during a visit to Poland. “Under your presidency, you also helped fast-track the joint procurement regulation that we call SAFE, it is EUR 150 billion for joint procurement to make our home stronger, to make our Union more safe. And today, we see the results. 19 countries have already applied for SAFE, Poland is among them, so the instrument, the EUR 150 billion, are fully subscribed and Poland will be the biggest beneficiary of this common investment for joint procurement,” she said.

Poland to be biggest beneficiary as EU Member States fully subscribe to €150 billion SAFE plan

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SAFE is part of the EUR 800 billion defence investment plan agreed under the Polish presidency, to be invested by 2030.

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