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European Commission Terminates Infringement Procedure Against Cyprus over CIP

Published March 11, 2026, 12:12
European Commission Terminates Infringement Procedure Against Cyprus over CIP

The European Commission has announced the termination of the infringement procedure against Cyprus regarding the Cyprus Investment Programme (CIP). The decision follows the termination of the program by the government in 2020 and a series of compliance actions with EU law. Cyprus proceeded with the revocation of citizenships based on the findings of investigative committees and held meetings with European Commissioners to inform them of the measures taken. The Republic's Legal Service welcomes the development as positive for Cyprus.