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Home News EU Greece

More austerity and military spending: the EU’s new squaring of the circle

Newsroom by Newsroom
June 25, 2024
in Greece
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While Greece is known as the birthplace of democracy, more recently, it has also come to be known as a kind of policy laboratory for the European Union. No other country has suffered so directly from the austerity measures prescribed by Brussels. At the same time, it is the country – within the Nato group – that has allocated the highest percentage of its GDP to military spending, reaching 3.5 per cent this year – even more than the United States. In line with the programme of the formations that won the European elections at the beginning of June, this very approach – greater…



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