⚡️🇮🇱🇬🇷🇨🇾 Israeli Foreign Ministry: A multinational search with Greece and Cyprus for a private Israeli yacht that lost contact on December 9 en route from Ashdod to Crete amid Storm Byron, adding that families are being closely supported.

Israel Air Force Chief Bar net with senior officers in the Greek and Cypriot Air Forces to discuss strategic cooperation, as Turkey continues to expand its military reach in the region. Kan News

Israel, Greece, and Cyprus are examining the creation of a joint rapid response force in the Eastern Mediterranean, Ynet reported, citing Greece’s Ta Nea.

Israel, Greece, and Cyprus are weighing a joint 2500 troop rapid response force with air, sea, and land units.

As tension rise in the Eastern Mediterranean, the Republic of Cyprus’s military procurement is increasing. Import has surpassed 12 million Euro, reaching its highest level since the Eurozone Crisis.

Greece has positioned Israeli-made Spike NLOS missiles on its Eastern Aegean islands and along the Evros border amid tensions with Türkiye.

Israeli Prime Minister Netanyahu: Greece–Cyprus–Israel alliance is a “local NATO” 🇬🇷🇨🇾🇮🇱

US Treasury lifted sanctions from companies that supplied sanctioned equipment to Russia’s defense sector, including Cyprus-based Veles International and Turkey’s Etasis.

Mitsotakis and Netanyahu:

Israel’s holdings of U.S. Treasury securities have nearly surpassed those of Germany, which is one of the world’s largest net exporters. The net capital inflows into Israel are being offset by Israeli residents through increased purchases of U.S. Treasuries.

The trilateral summit also referenced the GSI (Great Sea Interconnector) and the IMEC corridor, and the GSI is set to commence in 2026.

Since October 7, Israel’s imports from Greece have grown sharply. As Turkey’s market share in Israel has decreased, Greece’s market presence has expanded.

IDF The trilateral military cooperation work plan between Israel, Greece, and Cyprus, along with bilateral plans between the IDF and the Hellenic Armed Forces and the Cypriot National Guard for 2026, was signed last week in Cyprus.

#Cyprus issues $1 billion 10-year bond at 3% yield; 15x oversubscribed with heavy foreign demand.

Cyprus, Israel and Greece, Launch Joint Maritime Cybersecurity Center of Excellence (MarCCE).