The European Union has launched an ambitious new financial instrument to bolster the defence capabilities of its member states: the SAFE programme (Strategic Technologies for Europe Platform – Defence Window). With up to €100 billion in low-interest loans available over the next four years (and potentially reaching €150 billion when private co-financing is included), the SAFE programme is designed to strengthen Europe’s collective security and reduce dependency on non-EU suppliers. It offers unprecedented support for both new and ongoing defence procurement, encouraging joint purchases, industrial collaboration, and the development of critical military infrastructure.
Unlike traditional grants, the loans under SAFE come with extremely favourable conditions: repayment periods of up to 45 years, including a 10-year grace period, and potential partial coverage of interest by the EU. Importantly, SAFE is open to funding retroactively, meaning projects already in motion could benefit from this mechanism.
What Can Poland Gain?
Poland, one of the EU’s fastest-growing military spenders, is well-positioned to leverage SAFE for both economic and strategic gain:
Preferential Financing for Defence Projects
Poland could tap into SAFE loans to finance major national programmes like the production of Krab howitzers, Piorun MANPADS, or the Borsuk infantry fighting vehicle, alleviating pressure on the national budget.
Support for Existing Contracts
Since SAFE can fund already signed contracts, Poland may seek reimbursement for recent defence procurements, such as artillery or air defence systems, improving liquidity and financial flexibility.
Boost for the Polish Defence Industry
By participating in joint EU procurements, Poland could increase exports of its defence products to other EU countries, stimulating domestic industry and reinforcing its role as a regional defence hub.
Stronger Role in European Security
With its growing military capabilities and defence production potential, Poland could play a leading role in shaping EU security policy, aligning with its strategic goal of reinforcing NATO’s eastern flank.
Economic Multiplier Effect
Increased investment in the Polish defence sector could translate into job creation, technological advancement, and regional development, particularly in areas with strong defence manufacturing bases.
In conclusion, SAFE represents a historic opportunity for Poland to modernize its armed forces, strengthen its defence industry, and increase its influence within the EU – all while benefiting from generous financial conditions offered under this new European initiative.
Source : Core rielaboration studies