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Greece Announces €25 Billion Military Overhaul to Modernize Armed Forces

The decade-long reform, the largest in Greece's modern history, aims to strengthen its strategic position in the Eastern Mediterranean and address delays caused by the economic crisis.

Des chasseurs Rafale de l’Armée de l’air hellénique volent lors d’un défilé militaire marquant le Jour de l’Indépendance de la Grèce, à Athènes, en Grèce, le 25 mars 2025.
La Grèce, membre de l'Otan, dévoile un vaste programme de modernisation de ses forces armées
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Overview

  • Greek Prime Minister Kyriakos Mitsotakis confirmed a €25 billion investment for the most significant military reform in the nation's modern history, extending through 2036.
  • The initiative, called the 'Achilles Shield' program, includes acquiring F-35 fighter jets, advanced air defense systems, drones, and radars to bolster national security.
  • Greece's defense budget for 2025 has doubled compared to 2024, reaching €6.13 billion, reflecting immediate implementation of the reform.
  • The overhaul addresses modernization delays caused by the economic crisis and strengthens Greece’s geopolitical stance in the Eastern Mediterranean, particularly in light of tensions with Turkey.
  • Key partnerships with France, the United States, and Israel are central to the reform, with agreements for advanced military equipment and cooperation already in place.