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\u003cp\u003eThis paper will examine Greece\u0026rsquo;s national perspective with regards to the Permanent Structured Cooperation on defence and security (PESCO). Government ministries and the domestic defence industry have been eager to contribute and participate in the development of the new European defence initiative and lead capability development projects. \u003c/p\u003e\n\u003cp\u003eThe government\u0026rsquo;s objectives and expectations are three-fold; the development of a common European defence, as envisioned in article 42(2) of the Lisbon Treaty, the fulfilment of the EU\u0026rsquo;s level of Ambition to act autonomously when necessary, as well as the enhancement of its national defence industrial base. Greece and its domestic defence industry are keen on linking the initiative with the European Defence Fund (EDF), as European funding would benefit project development. \u003c/p\u003e\n\u003cp\u003eAccording to the Greek perspective, the Coordinated Annual Review of Defence (CARD) should also be connected with PESCO, in an attempt to take advantage of synergies and ensure a level of transparency. The country is willing to include third parties in the process on a case-by-case basis, in line with emerging EU rules and procedures.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eRead the full policy paper in the \u003ca href=\u0022http://www.iris-france.org/wp-content/uploads/2018/11/Ares-34.pdf\u0022\u003eArmament Industry European Research Group\u003c/a\u003e\u0026nbsp;of the\u0026nbsp;French Institute for International and Strategic Affairs\u003c/strong\u003e\u003c/p\u003e","className":"richtext reading--content font-secondary"}), document.getElementById("react_lghHGehmhEqCWvY3jxNnw"))});
PESCO is, indeed, perceived as a step towards a common defence union on the way to meaningful European defence integration. In the short term, however, Athens does not anticipate PeSCo to lead to a breakthrough in relation to that vision.
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