Our View: No exaggeration to say Christodoulides’ hopes for defence are wildly high

Over the coming years, Cyprus’ defence industry will reach double digits in relation to the country’s GDP, President Nikos Chrisotodoulides said on Monday as he welcomed the members of the Cyprus Defence Industry Council to the presidential palace. This body was set up a year ago by the president and he called the meeting to find out what had happened in the 12 months since.

“We set some targets, I want to see what was implemented and what was not implemented,” he said without revealing whether he was satisfied.