#32026D0411Council Implementing Decision (EU) 2026/411 of 17 February 2026 on making the financial assistance under Regulation (EU) 2025/1106 available to Latvia
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This Council Implementing Decision approves Latvia's request for financial assistance under the Security Action for Europe (SAFE) instrument established by Regulation (EU) 2025/1106. The Commission assessed Latvia's submitted European defence industry investment plan and confirmed it meets all required conditions, particularly regarding common or single procurements of defence products, speeding up industry adjustment, improving availability of defence products, and ensuring interoperability. Latvia will receive a loan of up to EUR 3,497,870,000, with EUR 524,680,500 provided as pre-financing. The decision follows Latvia's formal request submitted on 28 November 2025 and is without prejudice to other EU budgetary and economic governance procedures.
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Key Changes
- Approves a maximum loan of EUR 3,497,870,000 to Latvia under the SAFE instrument
- Provides EUR 524,680,500 as pre-financing payment
- Confirms Latvia's request of 28 November 2025 meets conditions in Articles 4, 7(2) and 16 of Regulation (EU) 2025/1106
+ 3 more changes with Pro
Obligations
What this law requires
Latvia must submit a European defence industry investment plan describing defence products and other products for defence purposes, including foreseen involvement of Ukraine in planned activities where relevant
Latvia must ensure all activities, expenditures and measures financed relate to defence products or products for defence purposes carried through common procurements or single procurements
Latvia must ensure funded activities achieve at least one of the following objectives: speeding up adjustment of defence industry to structural changes, improving timely availability of defence products, or ensuring interoperability and interchangeability across the Union
Latvia must implement planned measures to ensure compliance with Article 16 of Regulation (EU) 2025/1106 and procurement rules, with documented description of how compliance will be ensured
Latvia must enter into a loan agreement with the Commission that sets out all appropriate measures necessary for the protection of the Union's financial interests