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May 1, 2014

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New Democracy & PASOK Get Biggest Chunk of State Funding For Election


The following news does not surprise us in the least, because only in this God forsaken country can a political party of less than 5 percent -PASOK- receive a huge chunk of state funding to promote its candidates for the upcoming Euro elections.



Specifically, the ruling New Democracy and PASOK are going to receive more than 1 MILLION Euros for the upcoming elections. This obviously makes no sense since PASOK, which is hanging on for dear life is due to receive some 1.3 MILLION Euros in state funding ahead of May's European elections, under an all-party agreement.

The ruling New Democracy party is obviously expected to receive the largest share, or 1.4 million Euros, while SYRIZA who came in second and is the main opposition party will receive a lot less.

Does this make any sense?

Obviously it doesn't. But as long as PASOK exists and continues to have its tentacles in the state system, nothing will ever make sense.

Under the scheme, which was agreed at a meeting at the interior ministry on Monday, a total of 7 million Euros will be made available to the parties to fund their campaigns. From the aforementioned sum, about half will be distributed according to the 2009 election results and only 10% according to the last parliamentary elections in June 2012. The remaining 40 percent is going to be handed out after the election, according to the percentage each party receives.

A joint ministerial decision published in the government gazette on April 30 provides a breakdown on how the money will be allocated. Only parties that managed to cross the parliamentary threshold are entitled to funding.

(It should be noted that the decision, signed by the finance and interior ministers, also suspends any payments of state funds to Golden Dawn, pending the trial against its leaders.)

Based on the decision, the parties will receive the following:

Party - New Democracy

2009 (%) - 32.29
Amount (share of €3.5m) - 1,220,261.10
2012 (%) - 29.66
Amount (share of €700,000) - 220,807.07
Total (€) - 1,441,068.17

Party - PASOK
2009 (%) - 36.64
Amount (share of €3.5m) - 1,384,696.82
2012 (%) - 12.28
Amount (share of €700,000) - 91,448.26
Total (€) - 1,384,696.82

Party - SYRIZA
2009 (%) - 4.7
Amount (share of €3.5m) - 1,77,550.66
2012 (%) - 26.89
Amount (share of €700,000) -200,187.45
Total (€) - 377,738.11

Party - KKE
2009 (%) - 8.35
Amount (share of €3.5m) - 315,476.56
2012 (%) - 3.98
Amount (share of €700,000) -33,530.73
Total (€) - 349,007.29

Party - LAOS
2009 (%) - 7.15
Amount (share of €3.5m) - 270,126.59
2012 (%) - 1.58
Amount (share of €700,000) - 0
Total (€) - 270,126.59

Party - EcoGreens
2009 (%) - 3.49
Amount (share of €3.5m) - 131,888.27
2012 (%) - 0.88
Amount (share of €700,000) - 0
Total (€) - 131,888.27

Party - Independent Greeks
2009 (%) - n/a
Amount (share of €3.5m) - n/a
2012 (%) - 7.51
Amount (share of €700,000) - 55,931.32
Total (€) - 55,931.32

Party - Golden Dawn
2009 (%) - 0.46
Amount (share of €3.5m) - 0
2012 (%) - 6.92
Amount (share of €700,000) - 51,530.57
Total (€) - 51,530.57

Party - DIMAR
2009 (%) - n/a
Amount (share of €3.5m) - n/a
2012 (%) - 6.26
Amount (share of €700,000) - 46,564.60
Total (€) - 46,564.60
The parties also agreed to allocate the amount of broadcasting time afforded to parties on the basis of the 2009 (40%) and 2012 (40%) elections.

The joint ministerial decision also agreed to provide parties with 10 MILLION EUROS in state funding for 2014, broken down as follows:

New Democracy - 820,386.17
Syriza - 749,690.3
Pasok - 376,870.24
Independent Greeks - 255,097.85
Golden Dawn - 240,009.57
Democratic Left - 222,983.38
Communist Party of Greece (KKE) - 178,295.83
Popular Orthodox Rally (Laos) - 63,333.33
Ecologists Greens - 63.333.33
Recreate Greece - 30,000

As with the election funding, Golden Dawn will not receive any state funding pending the outcome of the trial against its leadership.

Without any explanation to us the taxpayers, our politicians are once again doing whatever they want with the tolerance of the mainstream media who on its part is sinking its claws into more unpayble loans from Greek banks, the guarantors of whom are once again the Greek people.

Wake up Ellada!




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