Today: April 30, 2016, 10:49 pm
  
Finance

Greece Defence and Security Market: New market research published

companiesandmarkets.com
companiesandmarkets.com
Greece Defence and Security Report Q1 2014 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-02 15:25:04
The Greece defence and security report covers the Greek defence industry, the country´s armed forces, and its defence expenditure. Its key finding is that the Greek defence community in general is in the doldrums. The lack of economic performance suffered by the country in recent years, plus the dire state of public finances means that that defence budget in Greece has seriously suffered. Defence spending has been slashed, and procurements have for all intents and purposes been halted. There appears to be no immediate sign of this situation changing in the coming years.

Historically, Greece has maintained defence spending above the North Atlantic Treaty Organisation´s target figure of 2% of Gross Domestic Product. However, the serious economic situation in Greece raises questions as to whether it is realistic for the country to continue this trend in the future.

For all intents and purposes, major acquisitions of materiel in the coming years look highly unlikely.

Although the country´s ability to purchase new defence material is in serious doubt, the country´s small defence industry has, to an extent, managed to weather some aspects of the downturn in defence spending in Greece. Greek defence companies perform exports of high-tech military equipment, principally in the software domains with products selling well throughout NATO and the wider world.

Click for report details: www.companiesandmarkets.com/Market/Defence/Market-Research/Greec ..

Browse all Defence Market Research Reports www.companiesandmarkets.com/Market/Defence/Market-Research?aCode ..

Browse all Defence Company Profile Reports www.companiesandmarkets.com/Market/Defence/Company-Profile?aCode ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 423 Words
Related Articles
 
More From Finance
New Frontier Portfolios Top Morningstar Rankings
Boston, April 14, 2016—New Frontier’s global strategic portfolios topped the Global Balanced Strategic category of the latest [..]
Finding an Excellent Tax Lawyer with the [..]
Sound Advice about Finding an Excellent Attorney When an individual requires legal representation, whether for an IRS tax debt [..]
First Gothenburg Bancshares to acquire Nebanco, Inc.
Denver, CO: March 24, 2016 – First Gothenburg Bancshares, Inc., the holding company for First State Bank, Gothenburg, Nebraska [..]
With Bad Credit It Is Still Possible [..]
What to Expect When Seeking a Bad Credit Home Loan Refinance Okay, so not everyone has great – or even [..]
Credit-Yogi Professionals Describe How to Get Out [..]
Who doesn’t want to save money while getting rid of debt? Most folks would jump at the chance to do [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.