Greek Ship Withdrawn From Anti-Piracy Mission, Naftemporiki Says

March 6 (Bloomberg) -- The Greek navy withdrew its frigate “Hydra” from the European Union’s “Atalanta” mission against Somalian pirates, to cut military spending, Naftemporiki reported, without citing anyone.

The decision will save Greece 7.5 million euros ($10 million) this year, as the ship costs the country 2.5 million euros for every month it participates in the mission, the Athens-based newspaper reported today.

To contact the reporter on this story: Paul Tugwell in Athens at ptugwell1@bloomberg.net

To contact the editor responsible for this story: Jerrold Colten at jcolten@bloomberg.net