16.11.2013 - 16:56 [ Greek Reporter ]

Troika Wants Greek Defense Industry Sliced

Some defense experts said they worry that focusing on cost-effectiveness will affect Greece’s national security, and national defense will be compromised if Greece no longer has a home-grown industry.

“The defense industry in Greece, as it happens everywhere, is part of the defence and security of the country. If it vanishes, the dependency on foreign materials only increases the security problem,” retired Vice Admiral Vasilios Martzoukos told SETimes.