What Are the Main Drivers of Member States’ Defence Procurement Practices? The Greek Case

Greece, a country with acute fiscal constraints, is currently pursuing an extensive military modernisation and upgrading program to meet the security challenges it faces by country specific threats. The General Directorate of Defence Equipment and Investment is the body responsible for its arms acquisition projects. The most important in terms of monetary value recent procurement programs are implemented through G2G agreements. Geopolitical considerations and the need for external balancing is one of the principal determinants in the arms acquisition decision making while fiscal space emerges as the unsurpassable overriding constraint…