Global Haber Gündemi @global_haber_gundemi

Greece Selling Military Properties! 25 Billion Euro Defense Plan

A group of soldiers marching in a parade.

Greece is selling military properties to finance its 25 billion Euro defense modernization program launched in 2025. This situation raises questions about the country's military strength and economic condition.

The Greek Ministry of Defense plans to privatize over 2,000 military properties, converting them into hotels and profitable land. However, Greece lacks the economic power to support this massive budget.

The leasing and selling of military properties in central Athens aims to reduce the burden of defense investments. However, this could jeopardize the country's national security.

Prime Minister Kiryakos Mitsotakis emphasized the importance of investing in domestic added value. However, Greece's gold reserves may not be sufficient to meet military objectives.

Mitsotakis stated that the European Union should provide financial flexibility for defense investments. Greece expressed that it would use this flexibility without leading to irresponsible spending.

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