Greek Ministry of Defense building with Greek flag
According to available information, Athens is expected to adjust the total requested loan amount to 787 million euros, down from 1.24 billion euros, while the overall size of its proposed programs remains unchanged at 2.9 billion euros due to secured financing from the 12 year MPAE.
In its letter, the Commission asked Greece to examine the possibility of submitting a SAFE investment plan that corresponds to the indicative allocation of 787 million euros and meets the eligibility criteria set out in the SAFE regulation. Greek authorities had previously argued on 29 November 2025 that the indicative allocation did not reflect the actual needs identified and had respectfully requested DG Defis to reconsider and significantly increase the allocation.
Minimum and Maximum Amounts Taken Into Account
The Commission emphasized that it applied principles of equal treatment, solidarity, proportionality, and transparency when allocating indicative loan amounts among participating countries. It stated that the minimum and maximum loan levels declared by member states were considered during the process.
Illustration symbolizing Greece EU cooperation in the defense sector
Greece had already submitted its minimum and maximum potential loan requests during the summer of 2025, based on its fiscal capacity through 2030. Despite Greek expectations that funds might later be redistributed, all participating countries ultimately claimed the maximum amounts they had preapproved, leaving no resources for reallocation.
