Tuesday, October 12, 2021

#FRANCE: Submarine Deal Signed Between France And Greece

[world politics news]


Greece and France have signed a $5 billion deal for Athens to buy at least four French-made warships. French and American contractors had been in a bidding war since 2019, when Greece announced it was looking to buy half a dozen naval attack vessels. For French President Emmanuel Macron, it was a much-needed win after the recent AUKUS debacle, when the US froze Paris out of a security pact with Australia and the UK, nixing a contract for Australia to buy French submarines. 

Macron and Greek PM Kyriakos Mitsotakis touted the deal as a move towards European "strategic autonomy" (since coming to power in 2017, Macron has been a strong advocate of Europe pursuing a defense strategy independent from the US). 

Greece, for its part, has also been looking to boost its own military capabilities amid deteriorating relations with longtime foe Turkey over competing maritime claims in the Eastern Mediterranean.

It should be noted that despite the traditional hostility between Greece and Turkey, both are members of NATO, the military alliance that supposedly works together on military matters. This deal is a significant departure from that alliance, and NATO officials have expressed their concern and dismay over the deal.

[FULL STORY HERE]

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