Greece
Greece to boost defence spending
Greece aims to spend €25 billion as part of a multi-year defence plan, Prime Minister Kyriakos Mitsotakis has told parliament. The move is part of Greece’s bid to modernise its armed forces as it emerges from the 2009-2018 debt crisis that led to years of austerity, and as it tries to keep pace with its historic rival Turkey. Officials with knowledge of the plan told Reuters in March that it would stretch until 2036 and include the purchase of new submarines, new air, sea and underwater drones, and a communications satellite. Part of the money will be used to develop an anti-aircraft and anti-drone dome, called the “Achilles Shield.“
