SAFE provides low-interest, long-term loans with a 10-year grace period for principal repayments, raised by Brussels on capital markets and offering significant savings compared to national borrowing.
Those terms are crucial for Poland, which plans to devote 4.8 percent of its GDP to defense this year, one of the highest levels in NATO. The country’s public finances are under pressure due to its long-term effort to build up its military to deter Russia and support Ukraine.
But Nawrocki is wary, and his advisers warn SAFE is aimed at helping Germany rather than Poland — an appeal to Nawrocki’s core voters who
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