68GEOPOLITICS
⚡ Markets: Positive for Israeli defense contractors involved in the deal. The agreement strengthens the strategic alliance between Israel and Greece, altering the military balance in the Eastern Mediterranean.
Israel and Greece have finalized a €3 billion defense deal, the largest in Israel's history, for the development of a multi-layered air defense system for Greece. The 'Achilles Shield' project, negotiated over three years, will be based on Israeli defense architecture and is seen as a response to regional threats.
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