Defense Technology International – German and Greek Tiff Over Submarines

Germany and Greece are having words over the decision early this week by Howaldtswerke Deutsche Werft (HDW) GmbH, the ThyssenKrupp (TKMS) unit that makes Germany’s non-nuclear submarines, to cancel two submarine contracts with the Greek Defense Ministry because it has not been paid €524 million euros ($765 million dollars) … even though the submarines are ready for delivery.