Wednesday, October 13, 2021
A win-win deal for both, it strengthens their long-standing excellent relations. It also enhances Greece’s military position in the Aegean Sea and France’s presence in the Eastern Mediterranean. However, following a peaceful summer in the Aegean, the pact risks raising tensions between Greece (and Cyprus) and Turkey over maritime borders and drilling rights.
- US-Greek defence agreement will be updated to cover a long-term arrangement, allowing for more investment in US bases in Greece.
- Turkish defence procurement from Russia is likely to rise, straining ties with Washington.
- Low-level exploratory talks between Greece and Turkey will continue as scheduled amid mutual recriminations.