Particle.news

Download on the App Store

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.

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.

Loading Articles...

Loading Quotes...