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. Last Updated: 07/27/2016

Missile Deal in Doubt

DAVOS, Switzerland -- Cypriot President Glafcos Clerides offered Friday to cancel controversial plans to buy Russian anti-aircraft missiles if Ankara agreed to a deal on the future of the divided island.

"Of course, we don't want to waste the money," he said in answer to a question at a news conference.

The Cypriot government's decision to buy the missiles has heightened tensions between the island's Greek and Turkish Cypriot communities and between Athens and Ankara. Turkey has threatened to take whatever action is needed to block their deployment.

Clerides, who was attending the World Economic Forum, said the missiles would in any case not be deployed for at least 18 months.