Bulgarian Ruling Party Mulls Giving Up on Fundraising

Bulgarian Ruling Party Mulls Giving Up on Fundraising

The campaign headquarters of ruling Bulgarian center-right GERB has proposed to the executive committee of the party to give up fundraising for the October 23 presidential and municipal elections.

The proposal to relinquish the aid of donations is motivated by a desire to ensure transparency for the GERB campaign and to free its candidates from accusations of alleged dependency on private interests.

"We think that this will give the opportunity for an open campaign of all GERB candidates, both those for municipal positions, and the presidential tandem. We consider that this decision will guarantee to GERB supporters that their votes will go for specific policies of our party and candidates, rather than for specific corporate interests," reads the position of the GERB campaign team.

The proposal considers that the state subsidy will be sufficient for GERB to finance its campaign for both fall elections.

It also includes the suggestion that to ensure complete transparency, GERB publish all its campaign spendings on its website.

In Bulgaria, legislation mandates that political parties receive a yearly state subsidy amounting to 2% of the minimum wage for the year, for each vote the party has received at the last parliamentary elections.

In the last few weeks, Bulgaria was shaken by a controversy, after it became clear that the Ministry of Interior - governed by vice-PM, GERB vice-chair, and campaign headquarters chair Tsvetan Tsvetanov - has been receiving donations amounting to millions of BGN from private companies and individuals, and has allegedly favored its donors in its work. (Source: Sofia News Agency)

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.