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Hungary Cutting Funding For Political Parties Not In Gov't

• 2 Jul 2018 3:14 PM
• Hungary Around the Clock

From July the State Treasury is reducing the funding due to those political parties that the State Audit Office have accused of illegal party financing activities.

All parliamentary parties are affected, with the exceptions of Fidesz and the Christian Democrats.

The Treasury confirmed on Sunday that this means fewer funds for the Democratic Coalition, Dialogue, the Socialist Party, LMP and Jobbik.

Jobbik may not receive any public funds until the money it is deprived of matches the Ft 331 million fine issued to the party. 

The Audit Office ruled that Jobbik had accepted over Ft 331 million worth of banned funding. 

In response to the issue of the fine late last year, Jobbik began a donation drive. The party collected a huge sum of money but spent it all on the election campaign, caucus leader Márton Gyöngyösi told ATV earlier.

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Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

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