#defence spending

Cyprus will spend the €1.1 billion loan from the EU’s SAFE programme over the next five years and will help boost Cyprus’ own defence industry, Defence Minister Vassilis Palmas announced ...

Spanish Economy Minister Carlos Cuerpo said on Wednesday his country does not expect any repercussions from its refusal to meet the defence spending target of 5% of gross domestic product to ...

NATO chief Mark Rutte said on Monday the alliance’s military capability targets may require members to spend as much as 3.7% of GDP on defence but this figure could be ...

Renewing his pre-election pledge to allocate 2 per cent of the GDP to military equipment programmes, President Nikos Christodoulides watched National Guard operational manoeuvres on Thursday to mark the army’s 60...

Strengthening the operational capacity and deterrence capability of the National Guard is a “key priority”, said the Minister of Defence, Charalambos Petrides, on Friday. Speaking at the passing out ceremony ...

The National Guard is upgrading its weapons systems so as to become a strong force of deterrence, while expanding defence and security cooperation with friendly nations, the defence minister said ...

The defence minister has called for Cyprus to boost spending – currently at almost half a billion euros – and secure new equipment in light of what he described as Turkey’s ...

By Andreas Charalambous and Omiros Pissarides For most countries defence spending constitutes a percentage of their GDP which is not negligible. As a case in point, during 2020 the five nations ...