$27bn

Greece on Wednesday became the first European Union member to take advantage of relaxed spending rules for defence, announcing a 25bn-euro ($27bn) multi-year rearmament programme. The centrepiece of the programme was a multi-layered defence system called the Shield of Achilles, which Prime Minister Kyriakos Mitsotakis told parliament was “essentially a dome combining existing air defences … Read moreGreece launches ‘drastic’ rearmament programme to the tune of $27bn