Brussels:The European Commission has allocated more than 9.8 billion euros to Poland, Sweden, Belgium, Estonia, and Cyprus as part of the Recovery and Resilience Facility (RRF), a key initiative of NextGenerationEU. Cyprus received nearly 120 million euros after meeting the required milestones and targets.
According to Cyprus News Agency, the measures linked to this payment for Cyprus include the establishment of a new school evaluation system, a cross-border patient health data exchange system, and flexible working arrangements in the public sector.
Additionally, the measures involve expanding electronic services through the building permit e-system and enhancing renewable energy and smart grids testing infrastructure at the University of Cyprus, connecting it to the national grid. This allocation corresponds to Cyprus's sixth payment request submitted on 17 December 2025, which was approved by the Commission on 13 July 2026. With this installment, Cyprus has achieved 67% of the total 1.02 billion euros allocated for its national plan.
These payments highlight the successful achievement of key reforms and investment targets outlined in the national recovery and resilience plans of the member states. They emphasize the performance-based nature of the RRF, where funds are released only after the satisfactory completion of agreed commitments.
Following the Council's approval, the Commission adopted the necessary payment decisions and released the funds on Thursday.