Latvian Political Parties starting to receive public funding as of 2012

2012-01-16

As of 2012, political parties in Latvia will be partly funded from the national budget in line with amendments passed to the Law on the Financing of Political Organizations (Parties) on 10 June 2010. Public funding will be granted to those political parties that won more than 2 percent of votes in the last parliamentarian elections. The eligible political parties will receive LVL 0.50 (EUR 0.71) annually per vote received.