Greek soldiers fire live rounds during a training session some 80 kilometers northeast of Athens.(Aris Messinis/AFP/Getty Images)
Greek soldiers fire live rounds during a training session some 80 kilometers northeast of Athens.
(Aris Messinis/AFP/Getty Images)

German Arms Industry Profits at Greek Expense

January 11, 2012  •  From theTrumpet.com
Greece’s bailout money is feeding the profits of German armaments manufacturers.
 

Even as the Greek economy continues its agonizing collapse, with the nation struggling to submit to extreme austerity measures being enforced by its masters in Berlin, the nation’s unelected technocratic government is overseeing a giant fiddle of the books involving the channeling of bailout money into the coffers of Germany’s armaments industry.

Greece lives under a permanent military threat from its huge neighbor on the Anatolian peninsula, Turkey. The Turks taunt their smaller neighbor across the crucial Bosporus sea gate, daily violating Greek airspace with their fighter jets. Tensions are made worse by continuing disputes over Greek sovereignty attached to certain islands in the Aegean. To counter Turkey’s aggression, Greece has spent huge amounts on defense budgets—as much as 4.3 percent of gross domestic product, proportionately the highest among the EU nations.

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