7 October 1571: The Battle of Lepanto halts Ottoman expansion

On this day in 1571, the ‘Holy Fleet’ of Pope Pius V defeated the larger but less well armed Ottoman navy, precipitating the decline of the Ottoman empire.

Battle of Lepanto by Andries van Eertvelt. Photo © Fine Art Images/Heritage Images/Getty Images
(Image credit: Battle of Lepanto by Andries van Eertvelt. Photo © Fine Art Images/Heritage Images/Getty Images)

In 1571, Famagusta was surrounded. One by one, the other Venetian colonies on the island of Cyprus had fallen to the conquering Turkish army. But Cyprus was just the latest in a long line of triumphs stretching back almost a century.

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Chris Carter
Wealth Editor, MoneyWeek