Annex: Cyprus Recovery and Resilience Plan reforms and investments
The European Commission (Secretary-General, signed by Ms Martine DEPREZ) has transmitted COM(2026)312 annex to the Council of the European Union proposing amendments to the implementing decision on the approval of Cyprus’ recovery and resilience plan.
Main action: The Annex details reforms and investments across health, energy, transport, water, digitalisation and public administration, sets specific milestones and targets, and links them to instalment-based payments. Estimated total cost of the plan is EUR 1 022 123 510, with the REPowerEU chapter costing EUR 104 580 000; key instalment amounts include First instalment: EUR 97 701 149, Second instalment: EUR 87 136 829, and Third instalment: EUR 103 036 204. It specifies concrete deliverables (e.g., 400 000 smart meters delivered / 200 000 installed, construction and contract signature dates for the Cyprus Blood Establishment, public warning system via mobile phones).
Context and implementation details: The Annex formalises timelines (2021–2026) and implementation roles: the Coordinating Authority (Directorate for Recovery and Resilience) monitors and certifies milestones; the National Control and Audit Coordinator and audit bodies oversee controls and ex post audits. It lists sectoral deadlines (e.g., smart meter delivery by Q2 2026, energy and building renovation targets, digital services and two government data centers for cloud hosting) and includes specific project-level requirements and acceptance/testing milestones.