Cyprus hails ‘strategic’ agreement to strengthen EU global role

The Council of the European Union and the European Parliament have reached a provisional political agreement on targeted amendments to the NDICI–Global Europe financial instrument, in what marks the first successful trilogue concluded under the Cyprus Presidency.

The agreement is aimed at strengthening the effectiveness of the External Action Guarantee (EAG), allowing the European Union to deploy existing resources in a more strategic and flexible manner, particularly through the European...