Weekly newsletter

State Auditor to Freeze Public Funding for 157 Small Political Parties

MTI-Hungary Today 2021.10.06.

Hungary’s state auditor (ÁSZ) has proposed freezing state funding in respect of 157 small political parties until they can prove they are legally above-board.

Out of 173 parties screened, only three had complied with their obligation to publish financial statements and accord with transparency requirements: the Alternative Party, the AQUILA Party and the Hungarian Liberal Party, the auditor’s vice president, Magdolna Holman, told a press briefing on Wednesday.

The majority of Hungarian political parties are not eligible to receive central budget support on a regular basis, having failed the requirement to secure at least 1 percent of the vote in the last general election.

Fake Parties' Debts Still Not Collected
Fake Parties' Debts Still Not Collected

Thus far, authorities have been unable to collect on the debts owed by fake parties. Despite such “parties” not serving a political function, they still managed to cash in on lucrative campaign subsidies ahead of last year’s elections. According to the Hungarian Tax Authority’s (NAV) response to independent MP Bernadett Szél, to this date, it […]Continue reading

Parties that pass the screening, however, are permitted to draw up a national list for an election and nominate candidates who can access significant amounts of public money.

featured image illustration via Zoltán Balogh/MTI


Array
(
    [1536x1536] => Array
        (
            [width] => 1536
            [height] => 1536
            [crop] => 
        )

    [2048x2048] => Array
        (
            [width] => 2048
            [height] => 2048
            [crop] => 
        )

)