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Monday 18.06.2018 | Name days: Madis, Alberts
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Unity and UGF reported to have had the largest expenses during election year

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUAmong parties present in the Latvian parliament, Unity and Union of Greens and Farmers had the largest expenses last year, according to annual accounts submitted for 2014.

The newly-elected Latvian Regional Alliance party had had the smallest expenses among political parties in Latvia last year. LRA’s expenses were calculated from March 12th, 2014, when the party was first listed on the political parties register. The National Alliance is also reported to have had some of the smallest expenses among parties that year.

Last year, Latvia had both Saeima and European Parliament elections. This is why expenses and revenue of some parties had considerably increased last year in comparison with 2013. All political powers represented in the Saeima, except from To Latvia from the Heart, had participated in EP elections last year.

Unity’s total expenses were equal to EUR 1.36 million last year. Expenses of UGF – near EUR 1.14 million; Harmony – EUR 819,465; To Latvia from the Heart – EUR 742,394; National Alliance – EUR 303,801 and LRA – EUR 116,829.

Unity also had the largest revenue last year – EUR 1.26 million. Last year’s revenue of UGF was EUR 1.09 million. That of Harmony was EUR 715,498; To Latvia from the Heart – EUR 630,756; National Alliance – EUR 283,941 and LRA – EUR 116,578.

Expenses of all parties were mostly related to preparation for elections and advertisements. Unity had spent EUR 926,234 on advertisement services. UGF had spent – EUR 732,234 and Harmony – EUR 584,017. The National Alliance had spent EUR 235,899 on elections and EUR 118 on advertisements. LRA had spent EUR 80,868 on advertisements.

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