Greece to Double Defense Spending
Greece will nearly double its defense spending next year, as outlined in the new budget approved by parliament on Sunday.
- Defense spending will rise to €6.1 billion (us$6.5 billion) from €3.6 billion, an increase of 73 percent.
Rival Turkey: Defense Minister Nikos Dendias said the spending is essential because of threats the country faces, especially from Turkey.
Turkey plans to spend €26.8 billion on defense next year. This is many times more than Greece, one of the poorest countries in the European Union, as it is still recovering from a decade-long debt crisis.
Russia-Ukraine: In November, Dendias announced a coming change in defense forces to put aside older weapons and buy more drones after learning from Russia’s war on Ukraine. A large portion of the new budget will be spent on anti-air and anti-drone defenses.
Militaristic Europe: Global tensions are intensifying so much that even the poorest countries in Europe are working to increase their defense capabilities. Your Bible forecasts a unified, militaristic European superpower will soon emerge.
To learn about this in detail, read our Trends article “Why the Trumpet Watches Europe’s Push Toward a Unified Military.”