European Sovereignty Monitor

Industry, investment and R&D

Greece receives first EUR 118.2 million SAFE defence loan payment

The European Commission paid Greece the first EUR 118.2 million tranche of its EUR 787.7 million SAFE loan allocation, money Greece must spend on EU-made ammunition, missiles, air defence and ground combat systems.

Verified European Commission, DG DEFIS, 24 July 2026

What it does not test. Does not establish which company or country will supply the equipment Greece eventually buys with the loan.

How this item counts. Towards autonomy: it changes who made the parts. Binding 3 of 3 (in force or operating), scale 2 of 3 (medium), Verified counts in full: weight +6 of 36 possible. EUR118.2m tranche paid, must buy EU-made defence gear, reinforcing EU parts supply. European Sovereignty Index

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