Bulgarian Party Subsidy Will be BGN 1 Per Vote

Politics » DOMESTIC | June 6, 2019, Thursday // 13:20
Bulgaria: Bulgarian Party Subsidy Will be BGN 1 Per Vote

,, We are introducing a law on party subsidy of BGN 1 per vote'', Bulgarian Prime Minister Boyko Borissov told reporters after a meeting with GERB Group in the National Assembly.

,,It will finally be like in the Czech Republic and many other countries - billionaires and oligarchs will become prime ministers. It will not take long and the parties will become the property of the businessmen. That's why yesterday we made a decision of the Council of Ministers, we went to parliament last night and introduced a law for a BGN 1 subsidy, "Borissov commented.

“We insisted 2 years ago that the subsidy should be 1 lev but other forces prevailed back then, apparently. Now, as soon as they adopt the law, what GERB has over-received, as well as all other parties, we will immediately return it to the budget," Borisov explained.

The subsidy will be reduced from July 1 this year.

Finance Minister Vladislav Goranov said GERB has always maintained that parties should have a predictable way of financing, but the political situation is causing other solutions: ,,They must have a reliable funding mechanism'', he said.

Novinite.com recalls that this week, a prosecutor's inspection found out that five political parties had received more money than the law provided.


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Tags: subsidies, political parties, Bulgaria, GERB, Boyko Borissov
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