Greece Activates €2.98B “SAFE List” to Ensure Zero Loss of Funds

Greece has submitted a comprehensive proposal for the European SAFE funding tool, combining foresight and methodical planning. The strategy includes a prioritized project list worth €2.98 billion, acting as a “safety net”, ensuring that not a single euro goes unused.

This approach reflects the meticulous work of Defense Minister Nikos Dendias and the military leadership of the Ministry of National Defense, highlighting Greece’s geopolitical security and financial efficiency strategy.

The “Safety Net”

According to sources, the Greek proposal goes beyond allocating €787.66 million, also including plans for utilizing any unspent funds from the overall SAFE program.

The strategy is based on a prioritized project list that is immediately activated if any project is delayed or fails to be implemented, guaranteeing that all available funds are fully used.

This approach is considered optimal for safeguarding financing, avoiding any loss of resources, and involves careful coordination between the Ministry of National Defense and the Ministry of Digital Governance, as well as the fiscal space for a loan of €1.242.9 million.

Geopolitical Dimension

Greece’s SAFE proposal fits into a broader EU security strategy, as Athens aims to maintain a strong role in European defense. The foresighted project prioritization allows Greece to react swiftly to future developments, securing strategic and financial advantages for the country.

Greece is already anticipating a second allocation of funds for any unspent resources, further strengthening its position in European cooperation and geopolitical influence.

Through the “SAFE list” strategy and the safety net, Athens ensures full utilization of the SAFE program, combining efficient fund management, geopolitical strategy, and foresight. This methodical approach enhances Greece’s role in European defense while demonstrating that the country is strategically thinking about every euro.

Source: pagenews.gr