Greece Overhauls Defense Amid EU Security Plans

The Indian Army and DRDO successfully tested the MR-SAM missile systems, developed in collaboration with Israel, with a range of 70 km, demonstrating their capability against aerial threats. Concurrently, Greece has announced a €25 billion overhaul of its military to embrace high-tech warfare, focusing on advanced missile systems and AI, driven by regional tensions with Turkey. This plan marks a significant shift in Greece's defense strategy, previously constrained by economic crises. The EU faces challenges in balancing increased defense spending with fiscal discipline, with Germany notably reforming its debt policies to accommodate military expenditure. These developments coincide with the broader European response to the war in Ukraine and shifting US defense commitments. The European Commission is exploring measures like the SAFE funding mechanism to support defense investments, amid debates on fiscal frameworks.