US EditionGreece to Tap EU Loans to Aid Defense Industries
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3 Articles
The European Commission has confirmed that Spain has requested 1 billion euros from the European Defense Fund, known as SAFE. This instrument, endowed with up to 150 billion euros, was created by the Ursula von der Leyen Commission with the aim of increasing military investment within the European Union through common projects and joint purchases. The deadline for accessing the loans expires today, and the EU executive expects around twenty memb…
Greek Defense Minister Nikos Dendias stated that Türkiye's increase in defense forces has upset the balance of power in the Aegean, saying, "We were late even yesterday." Describing Turkey as a "great and assertive neighbor," Dendias openly admitted that Greece was incapable of defending the Aegean.
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