The European Commission has disbursed the second payment of €115 million to Cyprus under the Recovery and Resilience Facility (RRF), after the country fulfilled 37 milestones and targets agreed through the country’s National Recovery and Resilience Plan.
The initial request was submitted by Cyprus on December 15, 2023, for a payment of €152 million (net of pre-financing) under the RRF, covering 38 milestones. However, in a preliminary assessment on September