Saturday September 20, 2014 Search
Weather | Athens
27o C
19o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Bill allows parties private funding, ups transparency

A new legislative framework being finalized by the Interior Ministry aims to allow political parties to receive funding directly from enterprises but also obliges the parties to boost transparency and accountability.

The bill, which is to be submitted for approval in Parliament in the coming days, will mean that parties will be able to legally receive funding from private enterprises and individuals as long as they make the information public.

The reform is one of 12 so-called prior actions that have been demanded by Greece’s troika of international lenders in exchange for the release of two tranches of rescue loans worth 2 billion euros.

The aim of the reform is twofold: to facilitate parties which have seen their state funding reduced due to across-the-board spending cuts demanded by the troika, and to subject them to greater transparency as a means of clamping down on corruption and entangled interests.

A special website is to be set up where the details of all private donors are to be published along with detailed information about the finances of the political parties.

All donations would be tax-deductible, sources indicated.

Drawn up by former Interior Minister Yiannis Michelakis, the legislation is being finalized by his successor, Argyris Dinopoulos.

ekathimerini.com , Thursday June 26, 2014 (22:42)  
Mayors resisting evaluation to face disciplinary action
Fyssas rally demonstrators face prosecutor after clashes
PM in energy talks ahead of crucial meeting with Merkel
Attiki Odos Lamia exit to close Sunday
Record sum of new debts to the state in August
Expired debts to the state rose to a record high in August, according to data released on Friday by the Finance Ministry. The sum of taxes and fines that remained unpaid after their deadline...
‘Greece can meet its needs on its own’
Greece will be able to meet its obligations without any new assistance from the International Monetary Fund, Finance Minister Gikas Hardouvelis said on Friday in London, leaving the door ope...
Inside Business
SOCCER
Triumph for PAOK, historic result for Asteras in Europa League
Greek teams produced a patchy record on the opening night of the Europa League group stage on Thursday, as PAOK thrashed Dynamo Minsk, Asteras Tripolis snatched a draw at Besiktas and Panath...
SOCCER
Financial crisis forces Greek second division postponement
Greece's second soccer division Football League announced on Wednesday the postponement of the start of the season due to financial difficulties being faced by most clubs. "The board of dire...
Inside Sports
COMMENTARY
High stakes after the Scottish vote
We will soon know whether the Scots voted for their country’s independence or whether they will remain citizens of the “United Kingdom of Great Britain and Northern Ireland.” What was alread...
EDITORIAL
Breathing room
Even Greece’s biggest critics find it hard to deny that the debt-hit country has achieved an unprecedented fiscal turnaround within a very short period of time. Sure, progress in promoting t...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Record sum of new debts to the state in August
2. ‘Greece can meet its needs on its own’
3. Mayors resisting evaluation to face disciplinary action
4. Fyssas rally demonstrators face prosecutor after clashes
5. PM in energy talks ahead of crucial meeting with Merkel
6. Attiki Odos Lamia exit to close Sunday
more news
Today
This Week
1. Record sum of new debts to the state in August
2. ‘Greece can meet its needs on its own’
3. EIB signs deals with Greece for 815-mln investment in infrastructure projects
4. Hardouvelis signals Greece may skip IMF loans to exit aid curbs
5. Dozens of arrests at march to mark anniversary of Fyssas murder
6. Syntagma metro station to close for Fyssas tribute concert
Today
This Week
1. Greece on standby
2. Greece at bottom of social justice scale among EU28
3. Central Athens traffic restrictions back in force on Monday
4. Lost in the fog
5. Democracy under Pressure | Live Streaming
6. SYRIZA spokesman suggests gov't sought to stop NERIT airing Tsipras speech live
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.