Council Implementing Decision (EU) 2026/437 of 11 February 2026 on making the financial assistance under Regulation (EU) 2025/1106 available to Cyprus

• CELEX: Implementing Decision (EU) 2026/437
• Articles: 4

Article 1

It is hereby confirmed that the Commission has assessed the request for financial assistance under the Security Action for Europe (SAFE) through the Reinforcement of the European Defence Industry Instrument submitted by Cyprus on 28 November 2025 and found that the request fulfils the conditions laid down in Regulation (EU) 2025/1106, in particular those in Article 4, Article 7(2) and Article 16. Financial assistance shall be made available to Cyprus accordingly.

Article 2

1.   The Union shall make available to Cyprus a loan amounting to a maximum of EUR 1 181 503 924.

2.   The Commission shall make loan support available to Cyprus. An amount of EUR 177 225 588,60 shall be made available as a pre-financing payment.

Article 3

This Decision shall take effect on the date of its notification.

Article 4

This Decision is addressed to the Republic of Cyprus.