Cyprus EU Presidency: Key Achievements and Strategic Goals for 2026
Cyprus has completed the first half of its EU Council Presidency, focusing on strategic autonomy, security, and competitiveness. The aim is to finalize the Multiannual Financial Framework by June 2026, addressing pressing issues including housing and defense.
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Cyprus has successfully completed the first half of its six-month Presidency of the Council of the European Union, with notable progress in various policy areas. The primary goal is to finalize negotiations for the Multiannual Financial Framework (MFF) 2028-2034 by June 2026, ensuring strategic priorities and resources for the EU.
Key achievements include securing €1.2 billion to bolster defense capacities across 16 Member States and promoting a Regulation on Military Mobility. Cyprus also reached agreements on trade with Mercosur and completed negotiations on a €90 billion loan to Ukraine.
The agenda emphasizes security, competitiveness, and housing, with a focus on reducing bureaucracy and enhancing social cohesion. These efforts will impact EU resilience and integration, especially in light of current geopolitical challenges.
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