Military expenditure in Greece: Security challenges and economic constraints

Authors

  • Christos Kollias
  • Suzanna-Maria Paleologou
  • Andreas Stergiou

DOI:

https://doi.org/10.15355/epsj.11.1.28

Keywords:

Greece, military expenditure, economic constraints

Abstract

Against the backdrop of significant political, economic, and security-related changes that have taken place over the past two decades or so, this article examines the factors that affect military expenditure in Greece. Invariably ranked among the countries with the highest defense burden in the EU and NATO, it would appear that such budgetary outlays have mostly been driven by the ability of the economy to allocate scarce resources to national defense and less so by external security considerations.

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Published

2016-04-25

How to Cite

Kollias, C., Paleologou, S.-M., & Stergiou, A. (2016). Military expenditure in Greece: Security challenges and economic constraints. The Economics of Peace and Security Journal, 11(1). https://doi.org/10.15355/epsj.11.1.28

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