Philenews

SAFE: How Cyprus Plans to Utilize €1.2 Billion – A Support Amidst International Chaos

Published January 25, 2026, 05:05
SAFE: How Cyprus Plans to Utilize €1.2 Billion – A Support Amidst International Chaos

The article examines the SAFE (Security Action for Europe) program and how Cyprus plans to utilize it to strengthen its defense industry with €1.18 billion. This program comes at a critical time, as the international security landscape is destabilizing, with the United States under Donald Trump no longer offering guarantees of stability and security. Through SAFE, the EU seeks to enhance its deterrent capability and reduce its dependence on third countries. The program funds investments in defense industrial production, with an emphasis on joint procurement between member states. Cyprus, as a member state of the EU and Presidency of the EU Council, has the opportunity to participate in the program and benefit from the funding. The article analyzes the conditions for participation in the program, as well as the possibilities of cooperation with third countries, such as Ukraine. It also highlights the need for careful planning and coordination, in order to ensure that the funding will be used effectively to strengthen Cyprus's defense capabilities.