Eastern promise - in harsh economic times, European submarine manufacturers look to South-East Asia




Evening news broadcasts across the world are currently dominated by pictures of a smoke clouded Parthenon, and images of Athens engulfed in rioting and protest – these are off-course the most visible signs of the economic crisis that is currently wracking not only Greece, but Europe as a whole. Within the austerity measures being implemented in Greece, there is also a microcosm of the European market for submarine platforms. A long-standing procurement program in Athens for purchasing...
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