Cyprus Times

Loukaidis: AKEL remains on proposal to abolish Support Agency - Finance Ministry prepares bill

Published February 18, 2026, 14:07
Loukaidis: AKEL remains on proposal to abolish Support Agency - Finance Ministry prepares bill

AKEL maintains its proposal to abolish the Independent Social Support Agency and transfer its responsibilities to the Cyprus State Scholarships Foundation (CSCF). AKEL Parliamentary Spokesperson Giorgos Loukaidis stated that the Ministry of Finance is preparing two bills to abolish the Agency and transfer it to the Ministry. AKEL insists on the condition that the CSCF be endowed with funds equivalent to those available to the Agency to continue supporting students. Furthermore, Mr. Loukaidis denounced the government's refusal to hand over information on donations to the Agency, describing this behavior as undermining the rule of law and democracy.