CNA 03/13/2026

CNA - EU Commission disburses €21.2 million in Cyprus under NextGenerationEU

The European Commission on Thursday disbursed €21.2 million in grants to Cyprus as the fifth tranche under the Recovery and Resilience Facility (RRF).

The RRF Facility is the core of NextGenerationEU, its post-pandemic programme to support member states’ recovery, economic growth and competitiveness.

According to the relevant announcement by the EU executive, the measures linked to this tranche include reforms and investments in the areas of public administration, justice, transport, tourism, education, health and energy-efficient renovations.

On 1 August 2025, Cyprus submitted to the Commission its fifth request for a €70.5 million payment under the RRF. This request includes 19 milestones and targets covering 8 reforms and 11 investments.

As regards follow-up, the Commission partially approved Cyprus’ fifth payment request on 19 December 2025. Cyprus still needs to set a backlog under this payment request, which concerns the green tax reform, the Milestone 19. The Commission will consider the disbursement of the remaining amount once Cyprus has addressed this outstanding milestone.

In total, the Cyprus Recovery and Resilience Plan is supported by €1.02 billion in grants.

CNA/EK/EPH/2026

ENDS, CYPRUS NEWS AGENCY