Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » EU states agree to revise rules for funding political parties

    EU states agree to revise rules for funding political parties

    npsBy nps23 February 2018 No Comments2 Mins Read
    — Filed under: EU News Headline1 Institutions
    Share
    Facebook Twitter LinkedIn Pinterest Email
    EU states agree to revise rules for funding political parties

    vote-euro-Photo © Andre – Fotolia-original.jpg

    (BRUSSELS) – EU ambassadors agreed Wednesday on revised rules for the funding of European political parties and foundations – enabling the Bulgarian presidency to begin negotiations with the European Parliament.

    The changes target a number of abusive practices, such as the creation of artificial entities to receive funds from the EU budget. The amended rules also ensure a fairer allocation of resources and allow for stronger enforcement in case of fraud.

    “This is a timely proposal, which will help make sure that EU taxpayers’ money is used for its intended purpose,” said Monika Payanotova, Deputy Minister for the Bulgarian Presidency of the EU Council: “The Council wants to move quickly so that the new rules can be in place before the 2019 EP elections.”

    The Council supports revising the conditions for forming European political parties so that only national parties and no longer individuals can sponsor their creation. The aim is to make sure that such parties have a genuine European dimension, with true representation in at least a quarter of the member states.

    The distribution key for the allocation of funds would also change. In its mandate the Council supports sharing 10% of the total budget equally between all European political parties, rather than 15% as is currently the case. This means that a larger share of the funds would be distributed to European political parties in proportion to the number of MEPs they have, reflecting the support they have received in the EP elections. The incentives for creating “mini-clubs” would decrease, while small parties would remain protected.

    The Council’s mandate also backs lowering the co-financing requirement for European political parties and foundations (from 15% to 10% and 5%, respectively), recognising their difficulties in meeting the current threshold. The conditions for de-registration are set out in more detail, and natural persons involved in fraud would become liable to pay back misspent funds.

    The negotiations with the European Parliament on the new rules are expected to begin shortly. The Council and the Parliament aim to have them in force before the end of June, when the call for applications for funding in 2019 is due to be published.

    In 2018, 10 European political parties and 10 European political foundations receive funding from the EU budget.

    Authority for European Political Parties and European Political Foundations

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Van driver - Photo by Kampus Production on Pexels

    Risk Management Strategies for Your Delivery Business

    Accessibility - Photo by RDNE Stock project on Pexels

    EU accessibility act into force for key digital products

    Christophe Hansen - Photo © European Union 2025

    EU agrees new trade deal with Ukraine

    Space satellites - Photo by Kevin Stadnyk on Unsplash

    EU cuts red tape in space

    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Glimmer of risk appetite post UK-US trade deals – Euro currency news daily

    EU agenda - Image by Andreas Lischka from Pixabay

    EU Agenda: Week Ahead – 30 June-5 July 2025

    LATEST EU NEWS
    Accessibility - Photo by RDNE Stock project on Pexels

    EU accessibility act into force for key digital products

    30 June 2025
    Christophe Hansen - Photo © European Union 2025

    EU agrees new trade deal with Ukraine

    30 June 2025
    Space satellites - Photo by Kevin Stadnyk on Unsplash

    EU cuts red tape in space

    30 June 2025
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Glimmer of risk appetite post UK-US trade deals – Euro currency news daily

    30 June 2025
    Repair faulty goods - Image by Militiamobiles from Pixabay

    Cross-border disputes to be made easier under new EU alternative dispute resolution rules

    26 June 2025

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025

    Design and developed by : 

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?