
Reports that the Greek government was heavily leaning towards a French proposal for procurement of new frigates and corvettes for the Hellenic Navy were widely circulating in Athens on Monday, a day ahead of a formal meeting in Paris between the two countries’ leaders.
Greek Prime Minister Kyriakos Mitsotakis was already in Paris on Monday, with an evening reception hosted by French President Emmanuel Macros on the official itinerary.
Diplomatic and media sources on Monday claimed that the Greek government intends to announce a bilateral defense pact with France that includes the purchase of three cutting-edge Belh@rra frigates – with the inaugural unit now being constructed – and an option for another vessel, along with three Gowind corvettes.
The reports are accompanied by an estimated price tag of five billion euros, with still unconfirmed details claiming the frigates will be built at Naval Group’s shipyard in Lorient, whereas the corvettes will be launched by Greek shipyards.
Adding veracity to the reports is the fact that Greek Foreign Minister Nikos Dendias and DM Nikos Panagiotopoulos will be in the French capital on Tuesday.
By all accounts, the current French proposal is significantly improved from a previous offer made last year.
Asked about the reports on Monday, a government spokesman in Athens merely recommended a “little more patience”.
Greece has signaled that it will boost its defense capabilities in the face of official Turkey’s continuing belligerence and saber-rattling in the Aegean and eastern Mediterranean, with provocations by the now unabashedly authoritarian Erdogan government far exceeding Turkish military incitements in the region over the past two decades.
The first “big ticket” item in terms of weapons systems was the purchase of 18 Dassault-made Rafale warplanes, a mix of used and new fighter planes. Athens then exercised an option to acquire another six.
According to the same reports, the recently unveiled pact by the United States, the United Kingdom and Australia to boost defense cooperation and joint initiatives, known as “AUKUS”, tilted the scale in favor of the French warships.
One ostensible factor cites the Macron government’s improved offer in order to “close the deal” with Athens, given that Australia’s cancellation of an agreement to purchase 12 French-made submarines cost French companies some 90 billion Australian dollars.
Another factor “making the rounds” in the Greek capital claims an attempt by Washington to “soothe” French anger over the cancellation of the submarine contact by quietly scrapping an offer to sell the US-made MMSC frigates.


Latest News

Public Services in Greece to Go Under Review with New Rating Tool
Public services will receive their evaluation scores and feedback directly, fostering a system of accountability and continuous improvement.

Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”

Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.

Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.

Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.

Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)