European Commission says Cyprus receives €177.2 million under SAFE - Speech Brief
18 June 2026 09:37 UTC · European Commission · EU Commission Press Release · Source · Email X Link

European Commission says Cyprus receives €177.2 million under SAFE

Key points

  • Cyprus received €177.2 million pre-financing under SAFE
  • Commission presents AI Literacy Framework with OECD

TL;DR

  • European Commission says Cyprus received first €177.2 million pre-financing under the SAFE defence financing instrument (15% of a €1.2 billion allocation)
  • European Commission presents AI Literacy Framework with the OECD for primary and secondary education
  • European Commission announces €338.35 million EU commitment for ocean protection at the Our Ocean Conference in Mombasa, Kenya
  • European Commission approves acquisitions of KNDS and Mecaer under the EU Merger Regulation
Original text

European Commission - Daily News Daily News 18 / 06 / 2026 Brussels, 18 June 2026 Cyprus receives first € 177.2 million payment under SAFE Today, Cyprus received its first payment of €177.2 million under the Security Action for Europe ( SAFE ) defence financing instrument, representing 15% of its total allocation of €1.2 billion. SAFE is a €150 billion financial instrument providing loans to Member States. It primari...

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