Greek Prime Minister Kyriakos Mitsotakis announced on Wednesday that the government would spend around 25 billion euros ($ 27 billion) for its soldiers until 2036.
Mitotakis on Defense Boost: “Le Monde Change”
Mitsotakis called it the “transformation” the “most radical defense” “in the modern history of Greece. Some of the new equipment will include anti -aircraft defense, drones and satellites.
“The world is changing at an unpredictable rate,” he said.
The announcement came in the middle of American pressure so that NATO allies to spend more in defense, and part of a push to modernize the infrastructure and obsolete equipment that languished under the country’s 2008-2017 financial crisis.
Greece increases spending in the middle of Trump pressure
Although Greece already spends 3% of its GDP in Defense, in accordance with the NATO rules, US President Donald Trump has become more and more impatient with the allies who do not favor their soldiers.
Trump was ready to announce radical prices later on Wednesday, Mitsotakis warned that they could mainly destabilize the world economy.
Published by: Wesley Dockery
