Israeli Political Parties Had a Lot of Money Riding on Their Election Showings

Election financing is based on complex formula consisting of a one-time payment, plus additional figure based per Knesset member, based on average of number of MKs in outgoing, incoming parliament.

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The results of Tuesday’s election not only boost Likud’s representation in the Knesset. They also boost the party’s finances. In the outgoing Knesset, the party had 18 members of parliament, while in the new...