
A landmark Greek-French defense cooperation agreement will be tabled in a relevant Parliament committee next Tuesday, the first step towards a debate by the full plenum and a vote of ratification, which is expected to come on Thursday following addresses by political leaders.
In a statement on Friday, Greek Foreign Minister Nikos Dendias flatly dismissed sharp criticism expressed the same day by the Turkish foreign ministry, three days after the agreement was unveiled.
“The agreement with France is wholly defense… if Turkey is bothered by such agreements then it can only mean that it considers itself as the aggressive power,” he said, while calling Ankara’s reaction unacceptable.
“The agreement promotes European defense, it is compatible with our commitments to NATO, something that was acknowledged, in fact, by the American side.”
On the domestic front, the leader of the main opposition SYRIZA party, former premier Alexis Tsipras, in briefing his leftist party’s political council members, said he will demand two revisions in the draft agreement in order to vote in favor.
He said article 2 should be changed in order to expand France’s obligation towards aiding against threats to a future Greek Exclusive Economic Zone. He also said article 18 must be revised in order to preclude Greek forces from assisting the French in sub-Saharan Africa. In short, Tsipras calls for an expansion of the French scope of assistance, but without reciprocity by the Greek side.
In a reaction to what appears to be the main opposition’s refusal to ratify the agreement, government spokesman Yannis Economou said Tsipras is merely “discovering excuses and evasion in order to vote against the historic Mitsotakis-Macron agreement.”


Latest News

Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses

Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.

Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February

Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.

Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)

Santorini Safe and Ready for a Dynamic Tourism Season
Authenticity, cultural heritage, and genuine experiences at the center of Santorini's new promotional campaign

Electricity Bills: Greece Announces Reduced Tariffs Schedule
Greece will now offer lower electricity rates between 11:00-15:00 and 02:00-04:00

Chevron Confirms Eyeing Natural Gas Exploration South of Crete
Chevron recently declared its intent to explore a third area, south of the Peloponnese.

Evangelos Marinakis: A time of change from which shipping can benefit
Speaking at the 19th Annual Capital Link International Shipping Forum Evangelos Marinakis stressed the challenges that shipping faces today

Retail Trade in Greece Up 2.5% in December 2024: ELSTAT
In January 2025, the General Turnover Index recorded a 2.5% increase compared to January 2024. Compared to December 2024, it recorded a significant decline of 18.4%