The Greek defence industry: from crisis to equilibrium

Spyridon Plakoudas

Defense & Security Analysis, 2023, vol. 39, issue 1, 34-46

Abstract: Greece was never internationally renowned for its defence industry; in fact, its state-owned industries were usually a source of headaches rather than income for Athens. The Debt Crisis (2008-18) compounded the chronic ills of the Greek defence ecosystem which appeared to decline irreversibly. And yet, in recent years they rebounded and reached new heights. How can this surprising turnaround be explained? And what does it indicate for the future of the Greek defence industry? This paper aspires to examine how the Greek defence ecosystem (state- and private-owned) evolved from a stage of stagnation and decline into a phase of stabilisation.

Date: 2023
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DOI: 10.1080/14751798.2023.2162140

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