Greece set to spend €25B on military modernization

Greek Prime Minister Kyriakos Mitsotakis has announced his intention to spend €25 billion on the modernization of the country’s military. He stated that this will be one of the most significant defense transformations in modern history.

“In a world that is changing at unpredictable rhythms, Greece has €25 billion to carry out the most important reforms in the country’s modern history,” he said.

He claimed that the new “Achilles Shield” missile and air defense dome will be aimed at addressing rapidly changing geopolitical challenges and strengthening ties with NATO.