Greece Bolsters Defense with €1 Billion Military Upgrade
The Greek parliament approved the acquisition of €1 billion in military assets, including Embraer C-390 aircraft and drones. This move aims to modernize Greece's defense capabilities in light of regional tensions and a historical rivalry with Turkey. Final approval awaited from KYSEA.
The Greek parliament committee has given the green light for the procurement of military defense systems, totaling between €1 billion and €1.2 billion. Key purchases include Brazilian-made Embraer C-390 military transport aircraft and various drones from the U.S. and Israel.
Significant funds, approximately half of the budget, will go towards the acquisition and support of the C-390 aircraft. Additional expenditures are earmarked for Israeli Heron air drone systems, U.S. V-BAT air drones, and the upgrade of German-made MEKO-200 frigates.
While still requiring approval from Greece's top decision-making authority on foreign affairs and defense, KYSEA, the measures are anticipated to pass. This investment is part of a broader strategy to revamp Greece's military infrastructure, with €28 billion planned through 2036 following a decade-long debt crisis.
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