Greece will allot EUR 22 billion for the modernization of the army, according to the online edition of the Greek newspaper Kathimerini.
Greek Prime Minister Costas Karamanlis and Minister of Defense Spilios Spiliotopoulos discussed Tuesday the armament program and the modernization of the army. The aid will be allotted under two five-year programs.
The Government’s Council on Foreign Policy and Defense will approve it at the beginning of February, Focus News reports.
Russian President Vladimir Putin, in his speech dedicated to the Day of the Russian Navy, recalled the threats that Russia is currently facing from a number of countries.