eKathimerini –Greece has the second highest spending in NATO on defense, after the US, according to figures issued Monday by the alliance.
The country is one of just five countries whose annual spending on defense exceeds 2 percent of gross domestic product.
The country with the highest spending as a proportion of GDP is the US, with 3.61 percent, followed by Greece with 2.38 percent.
Next comes the UK with 2.21 percent, Estonia with 2.16 percent and Poland with 2 percent.
In 2012 SYRIZA MP Dimitris Papadimoulis said to the Guardian “Just under 15% of Germany’s total arms exports are made to Greece, its biggest market in Europe. Greece has paid over €2bn for submarines that proved to be faulty and which it doesn’t even need”
“It owes another €1bn as part of the deal. That’s three times the amount Athens was asked (in 2012) to make in additional pension cuts to secure its latest EU aid package.”
