Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Are Mutual Funds and ETFs Enough? 3 Things Japanese Expats Should Consider Beyond Costs|田中拓実 (海外在住者向けIFA)
    • Investors are starving for long-term bonds, but companies won’t sell them
    • 3 Top-Ranked Vanguard Mutual Funds With Solid Upside Potential
    • Is Vanguard Total International Stock Index Fund (VGTSX) a Strong Mutual Fund Pick Right Now?
    • Mutual Funds India, About Mutual Funds, Best Mutual Funds Investment
    • India’s Bonds Hit Fifth Weekly Loss Amid Fed Rate Hike and RBI Actions, ETBFSI
    • Growing ETF preference leads to mutual fund conversions
    • 3 reasons a multi-asset fund could make more sense than a flexi-cap fund for you – Money News
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Investments»US Lawmakers Assess Defense Investments in Greece
    Investments

    US Lawmakers Assess Defense Investments in Greece

    August 14, 2025


    US defense investments Greece
    The Souda Naval Base in Crete, Credit: US Navy

    A high-powered delegation from the US Congress concluded a visit to Greece this week, focused on reviewing American military investments and strengthening the bilateral defense relationship. The group, composed of key members from the House Appropriations Committee and led by Republican Hal Rogers, toured facilities at the Souda and Larissa bases.

    The visit, which ran from August 8 to 12, aimed to assess how Pentagon funds are being used to modernize U.S. military presence in the region. After inspecting the naval facilities at Souda and meeting with American and Greek military personnel, the delegation traveled to Athens for discussions.

    US delegation praised defense cooperation with Greece

    The U.S. lawmakers praised the strong cooperation, with some reportedly calling Greece’s economic recovery a “Greek miracle.” Their positive assessment is crucial, as the Appropriations Committee controls the purse strings for federal spending, including military aid and base infrastructure projects.

    The visit comes as Athens and Washington negotiate key changes to their Mutual Defense Cooperation Agreement (MDCA). The revisions are expected to formalize the status of military sites like Stefanovikeio and the Petrohori firing range in Xanthi.

    Beyond infrastructure, the two nations are also addressing significant military equipment issues. The discussion included the potential for new F-35 fighter jet acquisitions and the transfer of more Island-class patrol boats.

    A pressing issue is the Hellenic Army’s fleet of Chinook helicopters, of which only a few are currently operational. While the U.S. has suggested purchasing new models, Greece is exploring a more pragmatic solution: modifying an old contract to secure spare parts and improve the readiness of its existing fleet.

    Related: Souda Bay and F-35s: Hegseth Highlights Deepening US-Greece Defense Ties





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Family offices flock to AI investments amid robust funding environment

    September 18, 2026

    SM Investments urges businesses to think long-term

    September 18, 2026

    ‘Caledonia Investments must close its discount’

    September 18, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Alternative Investments: Explore Beyond Stocks and Bonds

    December 4, 2024

    CPP Investments and Brookfield just launched a $50B Maple Fund. What is it?

    September 16, 2026

    SM Investments urges businesses to think long-term

    September 18, 2026

    Investors are starving for long-term bonds, but companies won’t sell them

    September 19, 2026
    Don't Miss
    Mutual Funds

    Are Mutual Funds and ETFs Enough? 3 Things Japanese Expats Should Consider Beyond Costs|田中拓実 (海外在住者向けIFA)

    September 19, 2026

    Are mutual funds and ETFs enough?This way of thinking is not wrong. For those who…

    Investors are starving for long-term bonds, but companies won’t sell them

    September 19, 2026

    3 Top-Ranked Vanguard Mutual Funds With Solid Upside Potential

    September 19, 2026

    Is Vanguard Total International Stock Index Fund (VGTSX) a Strong Mutual Fund Pick Right Now?

    September 19, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Budget 2024: Capital gains tax reform, stimulus for private capex push; what mutual fund players want from FM Sitharaman

    July 18, 2024

    US equity funds see biggest weekly outflow in two months

    August 16, 2024

    Trump, les banques et le spectre de Lehman Brothers

    April 10, 2025
    Our Picks

    Are Mutual Funds and ETFs Enough? 3 Things Japanese Expats Should Consider Beyond Costs|田中拓実 (海外在住者向けIFA)

    September 19, 2026

    Investors are starving for long-term bonds, but companies won’t sell them

    September 19, 2026

    3 Top-Ranked Vanguard Mutual Funds With Solid Upside Potential

    September 19, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.