25. Is there a ban on candidates taking loans in relation to election campaigns?

Bulgaria

Bulgaria

Answer
No data
Source

"(1) A party which has registered candidates may finance the election campaign thereof by: 1. own financial resources of the party; 2. financial resources of the candidates; 3. contributions by natural persons, legal persons and sole traders.

(2) A coalition which has registered candidates may finance the election campaign thereof by: 1. own financial resources of the parties which participate in the said coalition; 2. financial resources of the candidates; 3. contributions by natural persons, legal persons and sole traders to one of the parties in the coalition designated under Article 164 (2) herein.

(3) A nomination committee which has registered a candidate may finance the election campaign thereof by: 1. financial resources of the members of the nomination committee; 2. financial resources of the candidates; 3. contributions by natural persons, legal persons and sole traders to the person designated under Article 164 (1) herein."

Source: Article 162 (1-3), the Election Code, 2014

Comment

The list of allowed sources of income for candidates does not include loans.

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