If the financial reports released by Fidesz are accurate, then the party is in debt up to Ft 2 billion (€8 million), a report in liberal daily Népszava states.
The party took up loans totaling Ft 400 million in the previous year, which pales in comparison to the Ft 1 billion the party took up in 2006. They spent over Ft 2 billion in the election year of 2006 but only a quarter of that in 2007.
Fidesz’s coffers recently received a Ft 10 million boost from Mrs. Károly Szarvas, and Ft 6.2 million from the publisher of right-of-center weekly Heti Válasz.
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“Ft 10 billion boost from Mrs. Károly Szarvas”
With that amount they should hardly be in debt? Sure you got the billions right there? If so, are there no limits in Hungary how much one can put in to a Party?
A billion here, a billion there, and pretty soon you’re talking about real money…
Ft 10 billion should have read Ft 10 million, as it now does.
£30,000 not allot at all, I hope they boost their fighting fund before the next elections.
Maybe Gyurcsi or Koki will give them a load
There have been some speculation, right or wrong, that one of the major reasons for the controversy on the possibility for Local Govts to ask for intelligence on people and companies involved in Local EU-funded Projects would be to find those cases where local Fidesz-organisations (they have 90% or more of the Local Govts) are diverting such money to the Central Fidesz accounts. The driver for this would of course be the financial bad situation for Fidesz at the moment.
That would in a sense explain why unpaid invoices are being used as “proof” of some earlier alleged spying on Orban. Fidesz would then need to create a climate where the Govt would be stopped in checking what is happening with the EU-funds that are being distributed locally.