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Greece Defence and Security Report 2017

Greece Defence and Security Report 2017

BMI View: Greece's defence expenditure by Greece will remain constrained by adverse economicconditions over the next several years. While we expect defence spending to return to positive growth ineuro terms (but stagnate in USD terms) amid ongoing security challenges, procurement plan will remain onhold, at least over the next few years, as the government favours personnel expenses. Defence import levelswill be low on a historical comparison, while exports are set to grow, as local manufacturers seek to makeup for weakened domestic demand for their products by expanding in international markets.

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Despite large cuts to the defence budget over the past few years, owing to the government's aggressivefiscal consolidation drive urged by external financiers, Greece's defence expenditure as a share of GDPremain high compared with other NATO states, at an estimated 2.2% of GDP in 2017.


BMI Industry View
Table: Defence Expenditure (Greece 2016-2021)
SWOT
Defence Industry SWOT
Industry Forecast
Defence Expenditure
Table: Greece - Defence Expenditure (2015-2020)
Table: Greece - Defence Expenditures (2021-2026)
Defence Trade
Industry Risk Reward Index
Defence Industry Risk Reward Index
Table: Europe - Defence Industry Risk Reward Index
Rewards
Risks
Market Overview
Defence Market Overview
Domestic Defence Sector
Domestic Defence Market
Armed Forces Overview
Armed Forces
Table: Armed Forces Personnel (Greece 2008-2016)
Security Overview
Domestic Threats
External Threats
Company Profile
Hellenic Defence Systems
Intracom Defense Electronics
Methodology
Industry Forecast Methodology
Risk/Reward Index Methodology
Sector-Specific Methodology
Table: Defence Risk/Reward Index Indicators
Weighting
Table: Weighting of Defence Risk Reward Index

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