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Italy Unlocks EU Defence Loans

Italy is preparing to access more than €8 billion in EU defence loans, easing months of tensions with Brussels over Rome’s participation in Europe’s joint rearmament effort.
© Photo by aitac/Unsplash/ (flag of Italy.)

Italy is expected to use a “large majority” of its €14.9 billion SAFE allocation, with the final amount exceeding €8 billion

SAFE (Security Action for Europe) provides EU-backed loans to support joint defence procurement and strengthen European military capabilities

Rome had delayed its decision amid political resistance to higher defence spending, including within Prime Minister Giorgia Meloni’s governing coalition

The Commission says Italy remains “fully on board” with the European defence project and expects Rome to return any unused allocation quickly

Sources: EuractivEuropean CommissionReuters

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