Tzitzikostas: 118 million euros to be released from SAFE for Greece

SAFE has projected that, by 2030, our country will receive funding equivalent to 31.6% of its annual defense spending. Here is what the European Commissioner for Sustainable Transport and Tourism said during his speech at the Athens Defense Conference 2026.

Tzitzikostas: 118 million euros to be released from SAFE for Greece

This article is an AI translation of an original piece published in Greek. Read original

The release of 118 million euros in funding for Greece is the topic of the day, while SAFE has allocated funds for our country through 2030 amounting to 31.6% of its annual defense and military equipment expenditures, as revealed by Apostolos Tzitzikostas, European Commissioner for Sustainable Transport and Tourism, speaking at the Athens Defense Conference 2026, organized by the Delphi Economic Forum in collaboration with the Hellenic Foundation for European and Foreign Policy (ELIAMEP).

The Commissioner for Sustainable Transport and Tourism emphasized that the SAFE program, with a budget of 150 billion euros, enables member states to finance joint defense initiatives on competitive terms and over the long term.

As he explained, for Greece, this means targeted investments in satellite surveillance, secure communications, and anti-drone systems through European partnerships.

According to him, one-third of Greece’s defense spending through 2030 will now be channeled through SAFE.

Consequently, Mr. Tzitzikostas commended the Greek government and Prime Minister Kyriakos Mitsotakis for the negotiations, noting that this is a very important step toward strengthening Greece’s defenses.

 

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