Alpha News

Philippa's Decision on the Social Support Fund: Donor Names to be Published Above €20,000

Published January 13, 2026, 09:37

The Administrative Committee of the Independent Social Support Fund (ISSF) convened after the announcement of the First Lady, Philippa Karsera Christodoulidi, of her resignation as President. Committee members expressed their regret and attempted to persuade her to reconsider her decision, as they believe it will negatively impact the Fund's work. Ms. Karsera thanked the members but reiterated that her decision is final, emphasizing the importance of ensuring scholarships for eligible students. The Committee recommends informing the Council of Ministers to continue the Fund's work and manage donations. Additionally, it is proposed to publish the names of donors who contribute over €20,000, with their consent. The Committee denies allegations of transparency issues in donations, pointing out that all audits have proven the integrity of its work.