Greece Defence and Security Report Q1 2013

  • ID: 2356139
  • December 2012
  • Region: Greece
  • 64 pages
  • Business Monitor International
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  • Company Profiles
  • Hellenic Defence Systems
  • MORE

BMI's Greece Defence & Security Report for Q113 examines the country's strategic situation, its defence posture and defence procurement activities.

The report discusses Greece's strategic situation, including its fractious relationship with Turkey; its relations with the North Atlantic Treaty Organisation and other European nations; and its global relations and its participation in military operations around the world. In terms of procurement, the report examines Greece's current defence programmes, planned acquisitions and future procurement aspirations in light of the country's economic crisis.

One of BMI's conclusions from this report concerns Greece's defence budget. While the country has routinely maintained defence spending in excess of NATO's 2% of GDP guideline figure, Athens's ability to maintain such spending levels in the future now seem highly unlikely given Greece's current economic woes. In addition, the report examines the transition of the Greek armed forces from their erstwhile NATO posture which was focused on the protection of the southern European flank towards a lighter,
more deployable configuration. BMI believes that the Hellenic Air Force READ MORE >

Note: Product cover images may vary from those shown
2 of 4


  • Company Profiles
  • Hellenic Defence Systems
  • MORE

Executive Summary 5

SWOT Analysis 6

Greece Defence Industry SWOT 6

Greece Political SWOT 6

Greece Economic SWOT 7

Greece Business Environment SWOT 7

Global Political Outlook 8

Europe Security Overview 11

The Strategic Outlook For The 2010s 11

Europe In A Global Context 11

Europe's Key Security Issues Over The Coming Decade 11

The Future Of The Eurozone And EU 11

EU Expansion 12

NATO Expansion And Relations With The US 12

Post-Qadhafi Libya 13

Relations With Russia 14

Relations With Turkey 14

The Balkans 15

Organised Crime 15

Islamist Terrorism 16

The Greater Black Sea Region 17

The Armenia-Azerbaijan Dispute 18

Security Risk Analysis 19

BMI's Security Ratings 19
Table: Europe Security Risk Ratings 19
Table: Europe State Terrorism Vulnerability To Terrorism Index 20

Political Overview 22

Domestic Politics 22

The Austerity Coalition: A Loveless Marriage 22

Long-Term Political Outlook 24

A Decade Of Austerity And Instability 24

Greece Security Overview 28

Internal Security Situation 28
Table: Insurgent Groups In Greece 28

Domestic Terrorism 28

Corruption 29

Organised Crime 30

Timeline: Internal Threats 30

External Security Situation 31

International Terrorism 34

Relations With Turkey 34

Timeline: External Threats 35

Armed Forces And Government Spending 36

Defence Decision Making 36

Grand Strategy 36

Order of Battle 36

Defence Modernisation 42

International Deployments and Joint Exercises 44
Table: Foreign Deployments 44

Market Overview 46

Arms Trade Overview 46
Table: Key Players In The Greek Defence Industry 46

Industry Forecast Scenario 48

Armed Forces 48
Table: Greece's Armed Forces, 2002-2008 ('000 personnel, unless otherwise stated) 48
Table: Greece's Manpower Available For Military Services, 2010-2017 (aged 16-49, unless otherwise stated), 2010-2017 48

Government Defence Expenditure 49
Table: Greece's Defence Expenditure, 2010-2017 49
Table: Greece's Defence Expenditure Scenario – Changing % Of GDP, 2010-2017 (US$mn) 50

Macroeconomic Outlook 50

Pace Of Contraction Set To Ease 50
Table: Greece – Economic Activity, 2011-2016 53

Company Profiles 54

Hellenic Defence Systems 54

Intracom Defense Electronics 56

Country Snapshot 58
Table: Greece's Population By Age Group, 1990-2020 ('000) 59
Table: Greece's Population By Age Group, 1990-2020 (% of total) 60
Table: Greece's Key Population Ratios, 1990-2020 61
Table: Greece's Rural And Urban Population, 1990-2020 61

BMI Methodology 62

How We Generate Our Industry Forecasts 62

Defence Industry 62

Sources 63

Note: Product cover images may vary from those shown
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Company Profiles
Hellenic Defence Systems
Intracom Defense Electronics

Note: Product cover images may vary from those shown
4 of 4
Note: Product cover images may vary from those shown


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