Greece’s decision to participate in the European SAFE (Security Action for Europe) mechanism, the EU’s new financing arm, is seen as a strategic choice that strengthens national security, the defense industry and the country’s position in Brussels.
The Greek proposal was submitted yesterday, just hours before the deadline set by the European Commission for expressions of interest. Athens is seeking funding of 1.2 billion euros, with the goal of using these funds both to strengthen national defense and to support the Greek defense industry.
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