Armenian, Assyrian and Hellenic Genocide News

A Shocking Allegation from the Greek Press
by Star, 9 April, 2001
Posted: Wednesday, April 11, 2001 03:37 am CST

The Greek daily, To Vima, alleged Greece decided to decrease her military purchases after learning about certain articles of the agreement between Turkey and the IMF. The paper claims the IMF demanded Turkey reduce her military purchases, from the current 4.6 % of the Gross National Domestic Product (GNDP), to 3.5 % in order for Turkey to receive 1,2 billion in aid. To Vima alleges that upon learning of the IMF's condition, the Greek government decided to reduce her own military purchases too. Meanwhile, Elephterotipia, another Greek daily, claimed the Greek Ministry of Defense disagrees with the Greek Government's decision to reduce military expenditures. The paper said, "The Greek Ministry of Defense opposes the decrease as it means missing a historic opportunity to bridge the military gap between the two countries while Turkey is having to divert funds from military purchase to the economic recovery. /Star/

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