Israel’s defense ministry on Monday confirmed an agreement to sell Greece with the Spike Nlos multi-purpose ground-level missile system, following several delays and the near-collapse of the deal.
The Greek government approved of the contract last month, while the specific weapons system’s purchase dominated a meeting last November between the two countries’ defense ministers.
The Spike is billed as a guided anti-tank and anti-personnel missile produced by Israeli state-owned defense contractor Rafael. Individual missiles can be launched from about 45 platforms on land, sea and air.
In a Tweet, Israel’s defense ministry noted that “…a government-to-government defense exports agreement was signed between the Israel Ministry of Defense and the Hellenic Ministry of National Defence to acquire Rafael’s ‘Spike’ missiles. The agreement was led by the IMoD’s SIBAT and is valued at approximately 370 million Euros.”
On his part, Israeli DM Yoav Gallant was quoted by Israeli media as saying that the “…the current deal, which joins a series of recently signed deals, is a testament to the strong partnership between the countries and their defense systems and their commitment to ensure stability in the region.”
Latest News
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'
Unions Call Nationwide Industrial Strike for Wed.
Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted