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Political parties to get more money

PARLIAMENT passed a law February 4 allowing political parties to receive more state money in the next electoral term. The law goes into effect June 1, 2005.
108 MPs voted in favour of the law, with only 18 against and 12 abstentions.
Political parties will receive more state money in proportion to their votes, mandates and activities.

For each of its first 20 mandates, a party will be granted 30 times the average annual income. For each mandate beyond the first 20, the party receives 20 times the average annual income.

At present, every party receives Sk500,000 (€14,286) per mandate per year.

Under the new law they will receive almost Sk600 million (€15.7 million) more than in previous years.
The new law sets no limit on campaign spending.

Previous campaigns have cost up to Sk12 million (€310,000).

Compiled by Marta Ďurianová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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