#defence budget

Cyprus’ defence industry has expanded significantly in recent years, growing from just a handful of companies to around 30, and now generates approximately €40 million in annual revenue, the House energy, commerce ...

Cyprus is one of nine European Union member states which is set to acquire French Mistral surface-to-air missiles as part of the bloc’s first ever financial support package for ...

The national guard celebrated its 60th birthday on Thursday by holding manoeuvres in Zygi in the presence of President Nikos Christodoulides and the Minister of Defence Vasilis Palmas, both of ...

Cyprus is committed to increase defence spending to 2 per cent of GDP in the next five years, MPs were told on Friday. Presenting the defence ministry’s 2024 budget to the ...

Diko leader Nikolas Papadopoulos on Friday expressed his “satisfaction” with the government’s defence spending target and with the progress being made to reach it. The government has set a ...