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IN SHORT

Party financing may see restrictions

AFTER years of a relatively liberal regime, financing for Slovak political parties may now come under closer scrutiny.

As a reaction to party financing scandals, the Interior Ministry has prepared a draft amendment to the law regarding political parties that would bring greater clarity to the financing system, the daily SME wrote.

One of the most significant changes pertains to donations. In the case of financial gifts exceeding Sk5,000 (€125), recipient parties will have to sign a written agreement with their sponsors. In addition, membership fees, previously without a limit, would not be allowed to exceed Sk80,000 (€2,000).

This change might hit the co-ruling New Citizen's Alliance the hardest, as its chairman, Pavol Rusko, paid a fee of Sk14.7 million (€369,000).

The parties will get Sk140 (€3.51) for each vote they receive in a general election, which is more than double the previous Sk60 (€1.51).

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