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Extracts from the press conference by Maroš Šefčovič on the regulation of the EP and Council on the statute and funding of European political parties and European political foundation

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On 12 September, Maroš Šefčovič, Vice-President of the EC in charge of Inter-Institutional Relations and Administration, presented the Commission's proposal to strengthen the ability of European political parties to form a truly European public sphere and express the will of EU citizens, by increasing their visibility, recognition, effectiveness, transparency and accountability. The proposal provides European-level legal status for European political parties and their affiliated foundations, tackling the most important obstacle they face when operating in and across Member States. Most are currently registered as Belgian non-profit making associations, or "asbl". To be recognised as a European political party or a European political foundation, such organisations will have to meet high standards on internal democracy, governance, accountability, transparency, and respect for the values on which the Union is founded. All aspects of party funding will be subject to a comprehensive set of rules, including strict reporting and control requirements. A regime of administrative sanctions will be introduced in case of infringements. There will be no impact on the overall amounts made available under the EU budget for funding of political parties and foundations. But the rules governing such funding will be streamlined and adapted to their specific situation and needs. European political parties would have to publish the names of donors contributing more than €1,000/year, while the annual limit on individual donations would rise from €12,000 to €25,000.
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Type: EbS   Reference: 87852   Date: 12/09/2012   Duration: 00:01:54
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Extracts from the press conference by Maroš Šefčovič on the regulation of the EP ...
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