Athens relaunches Franco-Italian corvette race
Temporarily suspended for budgetary reasons, the Greek Navy's corvette procurement plans are back on again. Rival contenders Naval Group and Fincantieri are mobilising their contacts in Athens.
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Naval Group has suffered a major setback in Saudi Arabia but several French defence companies are still hoping to win contracts in the country. For this, they are counting on the fresh entities launched by Mohammed bin Salman, including the very new Scopa Industries.
Following the Greek Council of State's decision that blocked the port of Piraeus's expansion project, which had been entrusted to the giant Cosco for €4.3bn, China has secured the support of the conservative majority to maintain its presence in the country.