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Law cutting party funding passed

Funds to drop by 75% in three years

20 February, 14:49
Law cutting party funding passed (ANSA) - Rome, February 20 - The Italian parliament on Thursday passed into law a decree progressively cutting party funding in response to public ire over a wave of scandals.

Public funds to Italy's parties will drop by 25% this year, 50% in 2015 and 75% in 2016.

May's European Parliament and regional elections will not receive any money from the public purse, although Italians may decide to donate 0.02% of their taxes to parties. The decree was passed by 312 votes to 141 with five abstentions.

The ruling Democratic Party and its junior partner the New Centre Right voted for the decree. The anti-establishment 5-Star Movement, the leftwing SEL and the regionalist Northern League voted against.