Transparency represents one of the central elements when it comes to financing political parties that can generate on the long run the rise of trust in political parties and politicians in general.
In order to maintain and increase the public’s trust in political parties, it is mandatory to apply some regulations and coherent and clear standards that can regulate the way of financing the political parties and the election campaigns. From the European Council’s point of view, these need to be based on a set of general principles regarding: external financing sources, elections expenditure, transparency, independent monitoring, as well as penalties.