Europe's €150B defense lending scheme, Turkey's participation, and Greek concerns episode artwork

EPISODE · May 23, 2025 · 10 MIN

Europe's €150B defense lending scheme, Turkey's participation, and Greek concerns

from The Greek Current · host Hellenic Leaders

This week EU ambassadors agreed on a €150 billion defense lending scheme, Security Action For Europe, or SAFE. EU officials are calling this "an important step toward a stronger Europe." In a move that has raised eyebrows in Athens and Nicosia, the agreement allows for limited participation by third countries – including Turkey. Following the announcement, Prime Minister Mitsotakis called on Turkey to lift its 30 year threat of war against Greece if it wants access to EU defense funds. Vassilis Nedos, Kathimerini’s diplomatic and defense editor, joins Thanos Davelis with the latest analysis.You can read the articles we discuss on our podcast here:EU defense fund clears key hurdleGreece says Turkey must lift war threat to get access to EU defence fundsPanathinaikos and Olympiacos eye EuroLeague trophy in Abu Dhabi Final FourPostecoglou becomes first Greek soccer coach to raise European cupGreece doubles drone fleet and deploys record firefighters to tackle growing wildfire risk

Vassilis Nedos, Kathimerini’s diplomatic and defense editor, joins Thanos Davelis as we look into the EU's Security Action For Europe €150 billion defense lending scheme, and the decision at the EU level to allow for limited participation by third countries – including Turkey.

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Europe's €150B defense lending scheme, Turkey's participation, and Greek concerns

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This episode was published on May 23, 2025.

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This week EU ambassadors agreed on a €150 billion defense lending scheme, Security Action For Europe, or SAFE. EU officials are calling this "an important step toward a stronger Europe." In a move that has raised eyebrows in Athens and Nicosia, the...

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