Greece Plans Major Naval Modernization with Italian Frigate Purchase

Greece is advancing its military modernization efforts with a comprehensive 12-year Long-Term Defence Armaments Plan, which includes acquiring new frigates, submarines, and patrol vessels. Defense Minister Nikos Dendias announced that Greece plans to invest €25 billion in this initiative, aiming to enhance its defense capabilities in response to shifting geopolitical dynamics. Key initiatives include negotiations for two second-hand 'Bergamini' class frigates from Italy and discussions with France for a fourth Belharra frigate armed with cruise missiles. Currently, Greece spends about 3% of its GDP on defense, significantly higher than the EU average, demonstrating its commitment to strengthening national security. The plan also emphasizes the development of advanced air and drone defense systems, reflecting a strategic shift towards modern military capabilities. This multifaceted approach is a crucial component of Greece's broader 'Agenda 2030' reform framework.