Greece to Spend €25 Billion on Defense Over Coming 12 Years

Leopard 2 tanks take part in a parade in Athens in March.

Greece will spend €25 billion ($27 billion) on defense through 2037, Prime Minister Kyriakos Mitsotakis said Wednesday as he unveiled his government's 12-year strategy to boost military capabilities.

The new plan, which will shape Greece's defense capabilities in the medium term, comes as nations across Europe are seeking to ramp up military spending in the face of Russia's continued aggression in Ukraine and a pullback of US security on the continent.

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