Greece is set to receive a preliminary allocation of €788 million through SAFE, the EU's newly created financing mechanism that offers low-interest loans for defense spending. The European Commission has approved the release of €150 billion under the "Action for Security in Europe" initiative, part of the broader "Rearmament of Europe / Readiness 2030" program. The move is designed to help member states meet urgent defense needs and pursue joint procurement of military equipment, with the total pool of resources projected to reach as much as €800 billion. Greece is set to receive a preliminary allocation of €788 million through SAFE, the EU's newly created financing mechanism that offers low-interest loans for defense spending. The Greek government intends to combine these funds with the fiscal escape clause, aiming to raise around €1.2 billion in total. According to officials, the money will be directed toward programs that include...