The Recent Turnaround of the Greek Defense Industry

For many years, Greece only imported high-tech weaponry from abroad; in fact, Greece was the biggest importer of armaments in the EU between 2007 and 2012, according to SIRPI’s online data. The Greek debt crisis, which lasted from 2009 to 2018, accentuated the dual capacity of the defense industry as both an agent and a victim of the country’s financial malaise. 

 

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