Five billion euros in EU loans for armaments: Péter Magyar and his team are largely continuing Orbán's procurements under the SAFE program

The Népszabadság has obtained a detailed list revealing how Hungary plans to utilize the 5.4 billion euro EU defense loan under the SAFE program. Initially, the Orbán government aimed for a larger loan of 16.2 billion euros, but this was reduced due to budget constraints. The majority of the funds will support existing contracts rather than initiate new military development programs. The SAFE program, launched quickly by the EU, allows member states to access low-interest loans for defense projects, with a repayment grace period of 10 years. Hungary's list includes various military equipment and modernization efforts, reflecting a continuation of previous government initiatives.