25.06.2025 13:50
The U.S. press, which reported that Greece, long struggling with an economic crisis, has been making high defense expenditures due to fears of Turkey, stated that despite all its efforts, Greece has not been able to become one of the world's significant military powers.
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In a study related to Greece by CNBC, one of the leading media organizations based in the USA, striking results emerged.
DESPITE ALL EFFORTS, THEY COULDN'T ACHIEVE THE DESIRED RESULT
The American broadcasting organization, which scrutinized Greece's defense spending, reported that despite the country's all efforts, it could not achieve the desired results.
MORE THAN 3% SPENDING ON DEFENSE
Greece is increasing its defense spending under NATO targets, which were accepted in 2014 and foresee that member countries spend at least 2% of their GDP on defense. In a geography where the arms race has increased, Greece is spending more than 3% on defense.
FEAR OF TURKEY MULTIPLIED SPENDING
CNBC pointed out that the main reason Greece allocates more than 3% of its budget to armament is due to the fear of Turkey, and reported that despite Greece's high defense spending, it is not considered a military superpower, and foreign experts have stated that Greece's military strength has weaknesses despite the high defense expenditures.
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