NEWS IN SHORT

Political parties outline their assets

TWO of the three ruling coalition parties head the list of the richest Slovak parties in 2007. While Robert Fico’s Smer boasts a budget of Sk91 million, its coalition partner the Movement for a Democratic Slovakia (HZDS) has the highest private sponsorship, amounting to Sk11.3 million, the SITA newswire wrote.

TWO of the three ruling coalition parties head the list of the richest Slovak parties in 2007. While Robert Fico’s Smer boasts a budget of Sk91 million, its coalition partner the Movement for a Democratic Slovakia (HZDS) has the highest private sponsorship, amounting to Sk11.3 million, the SITA newswire wrote.

The third coalition party, Ján Slota’s Slovak National Party (SNS), on the other hand, has the smallest budget (Sk440,000) and is the only party that has received no private sponsorship last year.

Smer and the opposition Slovak Democratic and Christian Union (SDKÚ) are the only parliamentary parties that have published the names of their contributors.

KDH is the wealthiest opposition party with an annual budget of almost Sk28 million. It also has received the largest private sponsorship, with Sk2 million in contributions. The Hungarian Coalition Party (SMK) and SDKÚ claim budgets of Sk18 million and Sk17 million, respectively.

All registered parties are legally required to submit their annual budgets to parliament by April 30. All parliamentary parties have complied with this regulation, SITA reported. Parliament must publish these reports including the the names of private donors on its internet site by July 31.


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