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    1. Home
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    3. >Greece sees deal to buy Italian-made frigates by April, minister says
    Headlines

    Greece Sees Deal to Buy Italian-Made Frigates by April, Minister Says

    Published by Global Banking & Finance Review®

    Posted on March 8, 2026

    2 min read

    Last updated: April 1, 2026

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    Tags:FinanceDefenseEuropeMaritimeNews

    Quick Summary

    Greece aims to finalize a deal by April 2026 to buy two Italian-made Bergamini‑class (FREMM) frigates, with an option for two more, integrating next-generation ELSA missiles; this complements its broader €25–€28 billion defense modernization plan featuring French Belharra frigates amid tensions with

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    Greece Set to Finalize Italian-made Bergamini Frigate Deal by April 2024

    Greece's Naval Expansion and Defense Procurement Plans

    Progress on Bergamini Frigate Negotiations

    March 8 (Reuters) - Greece hopes to wrap up talks and sign a deal for the purchase of Bergamini class frigates from Italy by April, Defence Minister Nikos Dendias said in an interview released on Sunday.

    Background of Greece-Italy Naval Cooperation

    High-ranking officials from Greece and Italy last year signed memorandums for naval cooperation, opening the way for the acquisition of two FREMM frigates by Athens with an option for two more.

    Details of the Pending Agreement

    "We hope that negotiations with Italy will be concluded and that we will have signed (a deal) for the acquisition of 2+2 frigates by April," Dendias told a Greek newspaper.

    Frigate Capabilities and Upgrades

    Dendias said Athens was working to ensure the frigates could also carry the new-generation ELSA missile.

    Broader Defense Investments

    Multi-Year Defense Spending Plan

    Greece plans to spend about 28 billion euros as part of a multi-year defence plan that includes the purchase of a fourth Belharra frigate from France and new submarines as it tries to keep up with historic rival Turkey.

    Context: Regional Security and Rivalry

    (Reporting by Angeliki Koutantou, Editing by Louise Heavens)

    References

    • Greece and Italy sign agreement for acquisition of up to four FREMM frigates | eKathimerini.com
    • Frigate sale to Greece turns Italy’s active warships into fast cash
    • Greece takes delivery of Kimon frigate from France as €25bn military upgrade continues | Euronews

    Table of Contents

    • Greece's Naval Expansion and Defense Procurement Plans
    • Progress on Bergamini Frigate Negotiations

    Key Takeaways

    • •Greece and Italy signed a naval cooperation agreement in September 2025 for the acquisition of two Bergamini‑class FREMM frigates, with the option for two more (ekathimerini.com).
    • •The deal offers Greece rapid delivery by acquiring vessels already in service with Italy, around €300 million each, and aims for compatibility with weapons like ELSA missiles ().

    Frequently Asked Questions about Greece sees deal to buy Italian-made frigates by April, minister says

    1What type of frigates is Greece planning to purchase?

    Greece is planning to purchase Bergamini class FREMM frigates from Italy.

    2When does Greece expect to sign the frigate deal with Italy?

    Greece hopes to sign the deal for the frigates by April.

    3
  • Background of Greece-Italy Naval Cooperation
  • Details of the Pending Agreement
  • Frigate Capabilities and Upgrades
  • Broader Defense Investments
  • Multi-Year Defense Spending Plan
  • Context: Regional Security and Rivalry
  • defensenews.com
  • •This acquisition is part of Greece’s broader multi‑year defense modernization, alongside the procurement of French Belharra‑class frigates and other systems, in response to regional rivalry with Turkey (euronews.com)
  • How many frigates is Greece considering acquiring from Italy?

    Greece is negotiating the acquisition of two frigates with an option for two more.

    4What advanced weapon might the new frigates carry?

    The new frigates may carry the new-generation ELSA missile.

    5What is the estimated defense budget for Greece's multi-year plan?

    Greece plans to spend about 28 billion euros as part of its multi-year defense plan.

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