Greece’s austerity doesn’t extend to its arms budget | Paul Haydon, guardian.co.uk

In the wake of the private sector debt swap agreed last week, European leaders have continued to call for major structural reforms to Greece’s economy and society. The current EU-IMF bailout remains conditional on further austerity measures, including reducing pensions, the minimum-wage and civil service jobs. However, one area of the Greek budget doesn’t seem to have received much scrutiny: its huge military spending.

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