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