Displaying items by tag: defense spending

Greece is preparing to formally request the exclusion of its defense expenditures from future fiscal calculations under the European Union’s updated budgetary framework. The move, known as invoking the “escape clause,” was confirmed on Tuesday, April 29, by National Economy and Finance Minister Kyriakos Pierrakakis during an interview on state broadcaster ERTNews.

Deputy Foreign Minister Alexandra Papadopoulou had a telephone conversation with US Deputy Secretary of State Christopher Landau.

The leading role taken by the Greek Prime Minister, calling on the European People's Party - EPP to immediately support the Commission’s proposals to increase EU defense spending, is reported in today’s Financial Times article.