AGP Executive Report
Last update: 11 hours agoDefence Modernisation: Greece’s security council KYSEA is set to give final approval on Thursday for a multi-layer air defence system from Israel, “Achilles Shield,” worth up to €3.5 billion, plus drones—using Israeli radars and missiles from Rafael and IAI as the core. EU Sanctions Politics: EU ambassadors agreed a watered-down 21st Russia sanctions package after Greece lifted its blockade following concessions on Russian LNG transport, including a 12-month freeze on the oil price cap and a one-year LNG transfer exemption to third countries. Shipping Under Strain: Iran appears to have seized the Greek-owned tanker Kavomaleas in the Strait of Hormuz after attacks, with Dynacom saying it is still trying to determine the vessel’s location. Heat & Wildfire Pressure: Greece is bracing for extreme heat near 43°C, with wildfire risk high across parts of the country. Tourism & Safety: Greece also faced fresh attention after a Ryanair window incident investigation said the NTSB has not ruled out age or service issues.
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