Unidas Podemos presents a law to prohibit parties from financing their electoral campaigns with bank loans

by time news

2023-05-16 11:03:52

Updated

The group proposes the end of the subsidies for the sending of ballots by making a single shipment of all the parties

Ione Belarra, during an act of United We Can in the Balearic Islands.CATI CLADERAEFE

In the midst of the din of 28-M, Unidas Podemos wants to force the rest of the parties to assume their internal politics to finance the electoral campaigns. The parliamentary group has registered this Tuesday in Congress a bill to expressly prohibit formations from resorting to bank credits to pay for the elections. This is something that the party has been doing purple since its foundation in 2014.

The initiative’s objective is that the parties have to finance the campaigns with their own resources, as well as with the contributions of their militants and supporters. One of the recurring formulas in this sense are interest-free microcredits, with which the like-minded lend an amount of money that is later returned to them when the subsidy arrives. Another of the most used options are donations.

Sources from United We Can justify that by prohibiting banks from lending money to political parties, “interference by the financial sector in electoral procedures” will be avoided. An idea that has also been highlighted by the general secretary of Podemos, Ione Herb, on social networks, where he has indicated that the credits are “a mechanism of pressure so that they govern for them.” Thus, he has presumed that his training is his, he has “a free hand” thanks to the fact that he finances it with the money contributed by his supporters.

To offset the impact that the prohibition of requesting a loan may have on some political forces, Unidas Podemos raises in its proposal that the limit of the percentage of advance of subsidy that they can request be increased and that it rise from 30% to 50%.

Likewise, the bill seeks to eliminate specific electoral subsidies for “mailing” or mailing of ballots and electoral propaganda in calls for general and European elections, which represent a cost of 25 million public funds in each electoral process. .

As is the case with credits, the initiative proposes compensating for the elimination of these specific subsidies for “mailing”: it proposes that it be the Administration that carries out the remittance of a single shipment with the ballots of all the candidacies presented and proclaimed. This has always been one of the issues under debate for years and that has never come to fruition despite appearing recurrently.

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