5 Minute News

Increase in revenue of the Social Support Agency and funding for students

October 3, 2025

The Independent Social Support Agency reported a significant increase in its revenue for the years 2023-24, reaching 2.17 million euros. Spending on financial aid for students has also risen, reaching nearly 1.6 million euros in 2024. The surplus for 2024 is 573,000 euros, decreased compared to 2023. Most contributions came from Cypriot volunteers. However, questions remain about the transparency of funding, as the identities of the volunteers are not disclosed.