Advertise On EU-Digest

Annual Advertising Rates

7/27/12

The Greek Military Budget Offers Plenty of Room for Cuts - by Georgios Christidis

Greece is struggling to achieve the deep cuts demanded by its international creditors. But the country's military budget still offers plenty of room for trimming. Athens, though, has refrained from tackling the primary problem: too many soldiers and too many military bases.

Costly armament purchases are, of course, part of the equation. According to the independent Stockholm International Peace Research Institute (SIPRI), Greece has spent much of the 2000s as one of the top five arms importers globally, lavishly spending on new submarines, tanks and fighter jets. Just last year, the country spent €4.6 billion on defense, representing 2.1 percent of its economic output. European NATO members, by contrast, spent an average of 1.6 percent, Germany just 1.4 percent.

In light of the crisis, Defense Minister Panagiotopoulos has pledged to reorganize the Greek military structure, cut operational costs and shut down non-performing bases. But he had also hoped to hire more professional soldiers with the goal of gradually transforming the Greek army into a largely professional force. 

Note EU-Digest: why does Greece need such an elaborate costly army? To protect themselves from what, Turkey? What nonsense.

Read more: The Greek Military Budget Offers Plenty of Room for Cuts - SPIEGEL ONLINE

No comments: