Global Naval Production Surges 49% to $122B; China Leads Warship Build
Published 2 d ago1 sourceEvidence: Reported
Washington and Seoul are investing €1.35 million to develop a naval hub at Elefsina's shipyards, a strategic move to bolster NATO's eastern Mediterranean presence and counter Chinese influence. The investment signals a shift in regional defense posture, though the modest funding suggests initial planning or symbolic commitment. This development underscores growing great-power competition in the Mediterranean.
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