x

Politics

Eyes on Turkey: Greece, Israel Ink Blockbuster Defense Deal

ATHENS — Both countries wary of Turkey’s intentions, Greece and Israel signed a $1.65 billion defense agreement aimed at tightening economic and political ties too and see the Israeli defense contractor Elbit Systems set up and operate a training center for the Greek Air Force.

That would, however, be over a 22-year period, said Reuters and other media reports, citing Israel’s Defense Ministry, the deal coming as Greece and Turkey are wrangling over rights to the Aegean and East Mediterranean.

Turkey, already drilling for oil and gas off Cyprus, wants to do the same around Greek islands and the two sides have engaged in alternating diplomacy with taking verbal shots at each other.

The training centre will be modeled on Israel's own flight academy and will be equipped with 10 M-346 training aircraft produced by Italian company Leonardo (LDOF.MI), the ministry said.

Elbit will supply kits to upgrade and operate Greece's T-6 aircraft and also provide training, simulators and logistical support, Greek pilots already often engaged in mock dogfights with Turkish jets violating Greek airspace.

"I am certain that … will upgrade the capabilities and strengthen the economies of Israel and Greece and thus the partnership between our two countries will deepen on the defence, economic and political levels," said Israeli Defence Minister Benny Gantz.

The announcement follows a meeting in Cyprus on Friday between the foreign ministers of Greece, Cyprus, Israel and the United Arab Emirates to provide for further cooperation in a number of areas.

Gantz said that “this cooperation agreement rests on the excellence of Israel’s defense industry and the strong relations between the defense establishments of Greece and Israel,” the Jerusalem Post said.

Brig.-Gen. (Res.) Yair Kulas, head of the Defense Ministry's Directorate for International Defense Cooperation (SIBAT) told the paper that, “The strategic partnership between the Israel Defense Ministry and Hellenic Ministry of National Defense is further cemented today, via the signing of the most expansive and one of the most significant defense agreements to date.”

RELATED

ATHENS - Greece is rapidly emerging as the key gateway for natural gas in Southeastern Europe, with projects such as the TAP pipeline, the LNG terminal in Revythoussa and the FSRUs in Alexandroupolis, Environment and Energy Minister Kostas Skrekas said on Monday, addressing the voria.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Hawaii’s Mauna Loa Starts to Erupt, Sending Ash Nearby (Video)

HONOLULU — Hawaii's Mauna Loa, the world's largest active volcano, has started to erupt for the first time in nearly four decades, prompting volcanic ash and debris to fall nearby, authorities said Monday.

NEW YORK — Days after flocking to stores on Black Friday, consumers are turning online for Cyber Monday to score more discounts on gifts and other items that have ballooned in price because of high inflation.

HOUSTON — More than 2 million people in the Houston area were under a boil order notice Monday after a power outage caused low pressure at a water purification plant, officials said.

For Ryan Decker, surviving the holiday shopping season is all about planning ahead.

ATHENS - Greece is rapidly emerging as the key gateway for natural gas in Southeastern Europe, with projects such as the TAP pipeline, the LNG terminal in Revythoussa and the FSRUs in Alexandroupolis, Environment and Energy Minister Kostas Skrekas said on Monday, addressing the voria.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.