
The European Commission on Monday endorsed a positive preliminary assessment of Cyprus’ fourth payment request under the Recovery and Resilience Facility (RRF) , the central pillar of the European Union’s NextGenerationEU recovery programme.
The request, valued at €75.9 million , was submitted by Cyprus on December 18, 2024.
Following its evaluation, the commission has preliminarily concluded that Cyprus has satisfactorily met all 23 milestones and targets outlined in the Council