PM: Buying 4th frigate will not upend fiscal policy

Prime Minister Kyriakos Mitsotakis said in a social media post that the procurement of a fourth Belharra frigate, needed to strengthen the country's defenses, will not disrupt Greece's fiscal consistency.

"The expenditure for the new purchase has been budgeted in a way that does not disrupt our fiscal consistency. However, it was deemed necessary as the defense of the homeland is a non-negotiable priority," he stated, emphasizing that "Greece [is getting] increasingly stronger."

Earlier on Thursday, Defense Minister Nikos Dendias announced Greece's intention to buy an additional fourth frigate during his visit for the launching ceremony of the second Belharra at the Lorient shipyards in France.

"I am pleased to announce today Greece's intention to start negotiations for the acquisition of another frigate, the fourth of the same type," Dendias said.

Since...