Arms: Cyprus transfers controversial missiles to Greece

The defense ministers of Greece and Cyprus have signed an agreement to transfer to Greece the controversial Russian S300 missiles, which led to a regional crisis in 1998, according to local media reports

Cyprus transferred the ownership of the S300 missiles in exchange for two other missile systems, TOR M1 and SUZANA from Greece.

According to the agreement, Greece will keep the surface-to-air defensive S300s under the deal signed by Greek Defense Minister Evangelos Meimarakis and his Cypriot counterpart Christodoulos Pashiardes in Nicosia on Tuesday.

Meimarakis said with such an important agreement they resolved a problem which had troubled Athens and Nicosia for many years.