Cabinet proposes tighter rules for financing political parties

Stricter rules for the financing of political parties were agreed by the Cabinet. The proposed measures include a 3 million crown ceiling on donations to a party from an individual or company. The Ministry of Interior, which drew up the proposal, had been pressing for a lower limit of 2 million crowns. The proposal also seeks to clamp down on the increasing use of political institutions under the guise of non-profit organisations. The proposal calls for them not to be financed in future by a single party. Their operation will also be supervised by a newly created authority tasked with overseeing the financing of political parties. Financing oversight was previously carried out by a parliamentary committee and frequently criticized for its laxity.

Author: Chris Johnstone