Oireachtas Joint and Select Committees

Wednesday, 15 October 2025

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach

Scrutiny of EU Legislative Proposals

2:00 am

Mr. Jannik Knauer:

The SAFE instrument is a short-term instrument meaning it has a lifespan until the end of this decade. No loans have been disbursed yet for that. There is the need for loan agreements. As my colleague pointed out, that will be the case early next year. The loan disbursements will be step by step. Depending on the loan agreement, there will be a timeline according to which, based on conditions that need to be fulfilled, these loans will be disbursed for four years in total.

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