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Romania secures €16.68 billion SAFE loan for defence and dual-use infrastructure (defence24.com)

· 62d ago · Report · Spotlight this ·
0xBASE INTEL BRIEF
  • €16.68 billion SAFE loan countersigned by European Commission
  • €9.6 billion for defence, €4.2 billion for motorways
  • Favourable terms: 30-year repayment, under 3% interest
  • Constitutional challenges filed against implementing ordinance

"The European Commission countersigned Romania's €16.68 billion SAFE loan, the second-largest in the EU. Funds are allocated: €9.6 billion for defence modernisation, €2.8 billion for interior ministry equipment, and €4.2 billion for strategic motorways A7 and A8. Repayment begins in 2035 at under 3% interest over 30 years. Constitutional challenges and procurement integrity concerns cloud implementation."

#SAFE loan #defence modernisation #constitutional challenge

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