The state will stop funding parties which fail to submit their annual financial reports by March every year.

The anti-corruption measure is part of the government's action plan, published yesterday, to meet EU criteria, 24 Chassa newspaper reported.

As part of the action plan, the government tightened control over the funding of the political organisations in the country. Bulgaria provides subsidies to each party, which received over one per cent in the latest elections. The proposed law obliges all parties to declare their sponsors, the received donations and incomes from political foundations.

According to governmental plans the National Assembly will have to pass a new lobbying law, obliging all high-level magistrates and politicians to declare involvement in any financial or political organisations. Customs officers and policemen would have to declare the property and income of their family, 24 Chassa reported.