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27 July, 1999
The Government Council for Foreign Affairs and Defence (KYSEA) yesterday approved two new armaments programmes for the Hellenic Navy.
National Defence Minister Akis Tsohatzopoulos said KYSEA had approved cooperation between the Kiel, Germany and Skaramangas shipyards on the construction of three submarines, at a cost of 350 billion drachmas.
Also approved was cooperation between the Elefsina and Ficantieri, Italy, shipyards for the construction of a naval oil tanker, budgeted at 39 billion drachmas.
Talks are also winding up over a programme to construct three missile patrol boats by the Elefsina Shipyards, budgeted at 120 billion drachmas.
Mr. Tsohatzopoulos added that talks were also under way at reducing the price and upgrading the weapons systems available for four US Navy "KIDD-class" destroyers that Washington has reportedly offered to sell to Athens.
Source: Athens News Agency