LatviaPublished: 19 June 2026 at 21:20
Latvia to sign loan agreement with EC for defense
Latvia is to sign a loan agreement with the European Commission on Saturday to finance its defense needs, as part of the EU's SAFE instrument created two years ago.
Latvia is preparing to sign a loan agreement with the European Commission on Saturday to fund its defense requirements. The loan is part of the European Union's new defense financing instrument, SAFE, which was established two years ago. This signing marks Latvia's use of the SAFE mechanism to support its military expenditures.
