Everything you should know is safe, the European Union’s defense tool has gone 150,000 million euros
propagandaAmbassadors of the European Union countries On Wednesday, the loan instrument is 150,000 million euros against Increase defense production All over the mass, devoting European preference by 65 % -35 %. Amna, which the committee proposed through a legislative tool that allows it Avoid the vote of European legislatorsIt still requires official approval of member states, which is expected to take place on May 27. These are the main points that must be remembered:
European preference
The ambassadors of member states committed to the committee’s proposal, To be able to choose European Union funds, at least 65 % Of value Arms system It should be obtained in a member state of the European Union or Ukraine or in a country from the European Economic Trade Association/European Free Trade. The remaining 35 % can come from any third country in the world.
But some third countries can be improved Participation up to 65 %. To do this, they need to obtain a security and defense association (ASE) with the bloc, which is a previous condition for entering into a second bilateral agreement that allows them to reach this specified program. The European Union includes seven of this doctorate with Norway, Moldova, South Korea, Japan, Albania, Macedonia del Norte, This week, with the United Kingdom.
Design salad
but The European Union also wants a kind of component control And computer programs that will come from abroad, which guarantees this National companies have authority About its design. This aims to ensure that the third countries are unable to prevent use, for example by “the key to abolishing”, or re -exporting the entire armament system.
What is the goal?
The European Union wants to be able to defend itselfIf necessary, from the aggressor in the coming years, and this admits that he needs A significant increase in your defense spending And promoting national production. This is because the Russian war in Ukraine showed the shortcomings and consequences of the industrial base of the European defense, While Donald Trump returned to the White House He planted doubts about the continuity of the long American military support.
Traditionally, and still today, Washington was the main security provider The US -European President was hitting European allies in NATO for not spending enough, and suggested that the United States decide not to go to help allies who are not spent on a certain level, or who could withdraw European land forces and equipment.
Fear that Washington is withdrawing his military assistance to Ukraine as well, leaving the Europeans alone with pregnancy. he 2030 preparation plan From the committee, which is safe is a major column, It aims to accelerate requestsBe sure to supply chains and start manufacturing lines that urge member states to collect acquisitions of some capabilities that are priority. Among them ammunition, Done -aircraft and product control systemsAir defense, military mobility and electronic warfare.
How will safe payments work
If the ministers agree to the agreement With the support of the Ambassadors of the Public Affairs Council on May 27, Member States will have two months to prepare projects For those who want to obtain European Union money. To do this, at least every project must include two countries. The committee will then take up to four months to analyze it.
If the committee’s response is positive, member states may request the first endowment spent up to 15 % of the estimated total cost. the next, They must keep the committee with knowledge About the development of the project every six months, which may also lead to a new exchange. The last exchange can be approved until December 31, 2030.
Why resort to safe
The committee has the AAA credit classification by most major rehabilitation agencies, including Fitch, Moody’s and Scope rankings. So, The committee gives the funds collected in the market can be less expensive For some member states to raise funds for themselves. Safe will also give long -term loans with the maximum period of 45 years and 10 years to pay the manager.
In addition, loans will be supported by the European Union budget, which means that member states They will not have to exchange additional money In the event of payment costs, as happened with the recovery program after Covid-19 due to the high interest rates caused by the epidemic that affected the global economy and the Russian war in Ukraine. Another advantage of using Safe is that member states will not have to pay VAT (VAT) purchases.
Who can use it
Five member states have a qualification AAA: Denmark, Germany, Luxembourg, Netherlands and Sweden. There are not even many qualifications A, such as Bulgaria, Greece, Hungary and Italy. Most of them are in the middle of the road. Latvia, who has a qualification A, has already she wants to resort to safe Financing your increase in defense. The country of the small Baltic plans to allocate 3.65 % of its total domestic product to the defense expenses, a percentage of more than 4 % next year.
Neil RichmondMinister of Defense in Ireland, Military neutral country This enjoys an AA classification, announced on Tuesday that the country “will fully study this possibility to gain more difference quickly” or the opportunities it provides “regarding the cancellation of VAT”, but “maybe you will not need a SAF process to reach money.”
the Activating the protection requirement National, other financial pillar of the committee’s plan Preparation 2030 For defense, it can be an indication of the will of member states. Fourteen member states asked to deviate from the financial rules of the bloc to increase defense spending, which the committee considers success. This is Germany, Belgium, Bulgaria, Denmark, Slovakia, Slovenia, Estonia, Finland, Greece, Hungary, Latvia, Lithuania, Poland and Portugal.
In addition, the fact that the two countries They can decide to request safe loans Not to enhance their arsenals, but to send more military aid to Ukraine, it can be strengthened Acceptance in member states Where the increase in defensive production and the re -sequence can be politically sensitive.
