On 18 November 2016, the European Commission has decided to grant Cyprus almost €730,000 from the EU Solidarity Fund (EUSF), as an advance payment following the Cypriot request for EUSF assistance after the drought and the wildfires of June 2016.
The amount of this advance was calculated on the basis of the preliminary assessment of the application received from Cyprus on 5 September, which found that the financial contribution from the EUSF was likely to amount to almost €7.3 million. In accordance with EUSF rules, the advance payment amounts to 10% of this sum. Once it has completed the assessment of the application, the Commission will propose a definitive amount of aid, to be approved by the European Parliament and the Council.
More information: http://ec.europa.eu/regional_policy/en/funding/solidarity-fund/