Greece Plans $2.11 Billion Defense System with Israel

Greece is negotiating with Israel to develop a €2 billion ($2.11 billion) anti-aircraft and missile defense system, likely mirroring Israel's Iron Dome, as part of a broader effort to modernize its military following a long-standing debt crisis. This initiative aims to enhance Greece's defense capabilities, especially in light of ongoing tensions with Turkey, which is also advancing its air defense systems. Greek Defense Minister Nikos Dendias highlighted the urgency of transitioning the armed forces to modern standards, with plans to spend €12.8 billion on military upgrades by 2035. The procurement strategy includes acquiring F-35 fighter jets and frigates from the U.S. and France. Despite some thaw in relations, Greece and Turkey remain at odds over various geopolitical issues. The potential agreement underscores Greece's commitment to bolstering its defense amidst regional conflicts.