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Cyprus gains €8 billion in EU defence and security projects
February 18, 2021
In the coming years Cyprus stands to benefit substantially from funds allocated to defence and security projects via the EU’s Permanent Structured Cooperation (Pesco), MPs heard on Tuesday.
Deputy minister for Research, Innovation and Digital Policy Kyriakos Kokkinos briefed lawmakers on the actions being taken by Cyprus to participate in Pesco programmes and tap into a portion of the some €8 billion set aside by the EU for the 2021-2027 period.