Cyprus Mail18 Jun 2026

Cyprus takes receipt of first Safe programme payment

Cyprus takes receipt of first Safe programme payment

Cyprus on Friday took receipt of its first payment under the European Union’s Security Action for Europe (Safe) defence procurement programme, with a total of €177.2 million being disbursed to the island’s government.

The disbursement amounts to 15 per cent of Cyprus’ total allocation of just shy of €1.2 billion, with the European Commission saying that the funds will “enable Cyprus to advance key defence investments, reinforce resilience, and upgrade its military capabilities in line with...

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