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France, Greece sign defense deal; Athens to buy 3 warships

KIFI

By SYLVIE CORBET
Associated Press

PARIS (AP) — France and Greece have announced a defense deal worth around 3 billion euros ($3.5 billion) including Athens’ decision to buy three French warships. This is part of a strategy to boost Greek defense capacities in the Eastern Mediterranean amid recurring tensions with longtime foe Turkey. French President Emmanuel Macron and Greek Prime Minister Kyriakos Mitsotakis announced a defense and security strategic partnership in a joint news conference in Paris on Tuesday. Greece will purchase three French frigates to be built by defense contractor Naval Group. The deal includes an option for the acquisition of a fourth frigate. The announcement comes at a key time for France after the loss this month of a $66 billion deal this month to sell diesel-electric submarines to Australia.

Article Topic Follows: AP National Business

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