First report 2h ago•Last update 2h ago
Cyprus defence spending to rise to 2.2% of GDP in 2027
Defence spending in Cyprus is projected to reach 2.2% of GDP in 2027, with a focus on developing the domestic defence industry.
Background
Cyprus has faced a long-standing division since 1974, with the Republic of Cyprus in the south and a Turkish Cypriot administration in the north. The presence of Turkish troops in the north and a UN peacekeeping force underscore ongoing tensions. Defence spending is a recurring issue in this complex geopolitical environment.
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Cyprus defence spending to rise to 2.2% of GDP in 2027
First report 7h agoLast update 7h ago1 takes 1
defence industry developmentneutralShow 1 post
started 7h ago•Last update 7h ago
Investing in the domestic defence industry is a government priority to strengthen the National Guard and boost economic growth.
1 mediaconfidence 0.23
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