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Thursday, October 22, 2009

Greece and Germany close to sub agreement

U-214 classGreece and Germany appear set to make some headway in solving a long-running dispute over the delivery of four submarines but the fate of a shipyard west of Athens remains in doubt following a high-level meeting yesterday.

Defense Minister Evangelos Venizelos held talks with ThyssenKrupp Marine Systems CEO Hans Christoph Atzpodien yesterday in a bid to resolve the issue of the outstanding submarine order, which has weighed heavily on Greek-German relations in recent years.

Greece has identified technical problems with the Type 214 diesel-electric submarine, manufactured by ThyssenKrupp, as being the reason for not accepting delivery of the four vessels that it ordered between 2001 and 2005. The first submarine, dubbed Papanikolis, has been docked in Kiel since 2006.

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1 comment:

  1. All the rumours about alternative buyers: Taiwan, Singapore (my suggestion) may be a German tactic to get a higher price and honouring of the deal from Greece.

    Pete
    (back online after an NZ visit)

    ReplyDelete

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