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Public hearing on the financing of political parties, with award-winning French economist Julia Cagé and legal and anti-corruption experts

Financing of political parties

Award-winning French economist and author Julia Cagé joined by experts from the Venice Commission and GRECO, the Council of Europe’s bodies on constitutional law and on combating corruption, for a parliamentary hearing on the financing of political parties, took place on Wednesday 21 June 2023 in Strasbourg.

The event, which took place on the margins of the summer plenary session of the Parliamentary Assembly of the Council of Europe (PACE), was jointly organised by the Assembly’s Monitoring and Political Affairs Committees. Participants included:

Julia Cagé, Associate Professor of Economics at Sciences Po in Paris, named the “best young French economist” in 2023 (participating remotely). She is conducting a five-year research project on “Campaign finance, information and influence: a comprehensive approach using individual-level data and computer science tools” and in 2018 she published The price of democracy: how money shapes politics and what to do about it, a historical study of private and public political funding over more than 50 years in a dozen countries.

Nicos Alivizatos, a member of the Venice Commission, the Council of Europe's advisory body on constitutional matters, which published Guidelines on political party regulation in 2020.

• Sophie Meudal-Leenders, a senior legal advisor from GRECO, which monitors Council of Europe anti-corruption standards, including the transparency of party funding.

In 2003, the Council of Europe’s Committee of Ministers adopted a recommendation to its member states on common rules against corruption in the funding of political parties and election campaigns.

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The hearing, which was opened to the public, took place in Room 9 of the Palais de l’Europe in Strasbourg from 10.30 to 11.30 a.m. CEST. A video recording of the event will be made available on PACE’s YouTube channel in due course.