Billions of euros for defence for Poland!

polska-zbrojna.pl 9 hours ago

We got it! The European Commission has announced that EUR 43.7 billion from the SAFE programme will go to Poland! – announced Deputy Prime Minister Władysław Kosiniak-Kamysz. This is the most of the countries that have applied for the €150 billion pool of low-interest loans from the European fund for the collection. “This is simply a large success of Poland and a warrant of further investment in security,” said the head of the MON.

19 associate States submitted applications for loans to the EC for a full of EUR 150 billion. Poland applied for EUR 45 billion. acquisition and investment projects were developed for this amount.

Deputy Prime Minister Władysław Kosiniak-Kamysz stressed that Poland will be the biggest beneficiary of European safety funds before leaving for the E5 Group gathering in London. "This is the largest allocation pool, the largest amount transferred to the associate State," he said. He pointed out that money could besides go to purchases that had already been made on a refinancing basis. As he says, there is no specified debt in the planet as this 1 proposed by the EC. “Because it is only 10 years after receiving the funds that we will begin to repay on very favourable terms,” he explained. He besides added that the debt could be repaid by 2070. - In my opinion, that money will come back. This is simply a large investment in the Polish arms industry, in the workplace, but above all in safety – said the Minister of Defence. He besides stressed that it was the government's success that cooperation within the Polish Presidency of the EU Council led to the launch of the SAFE programme.

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– This is simply a crucial minute for our future abilities. Accelerating the Polish Army's transformation program. And crucial for the construction of the Polish economy's flywheel, which will shortly become a good weapon industry," said Deputy Prime Minister Kosiniak-Kamysz. In social media, he explained that the money from SAFE is expected to strengthen "air and rocket defence, artillery systems, purchases of ammunition, drones and anti-drone systems.’ "It will besides support strategical capacity, critical infrastructure, military mobility and cyberspace", wrote the head of the MON. The government wants measures to support safety programmes, including. Eastern Shields.

The SAFE preferential debt strategy was established during the Polish Presidency of the Council of the EU, as Poland sought. It is part of a plan to bring Europe together, inter alia, with Russia's improvement of military potential.

SAFE assumes low-interest and long-term loans by the European Union associate States and European arms companies. The programme is intended to strengthen global cooperation within the Union and to increase procurement in European industry. Therefore, it is essential to finance the investment from SAFE to submit a joint proposal by at least 2 countries, and the cost of components originating outside the EU, Ukraine, Norway and Switzerland will not be higher than 35% of the full cost of the product.

At the request of Poland, a temporary derogation will be applied from this first condition – in the first year of the life of SAFE The Union will let applications submitted by 1 country. The second rule, for which the Polish government effectively lobbied, was to let the financing of the investments already started.

Now the associate States have until the end of November to make formal proposals. However, Ukraine will besides be able to participate in the debt strategy in cooperation with at least 1 associate State. The programme is besides intended to cover Norway and Switzerland as associated countries and the United Kingdom, which has concluded a defence partnership agreement with the EU.

AD, MM
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