Cyprus has new rules for election money. This is for the election on May 24th. Candidates and parties can only spend a certain amount of money.
Individual candidates can spend €25,000. They can also spend €5,000 more for their own campaign. These rules help make money use clear. All political groups know the new rules.
The money limits began three months before the election. This is for all planning. Parties learned the rules in December. This helped them plan their money. Breaking rules has big results. You will pay a fine if you spend too much. The fine is the same as the extra money.
Each candidate needs an election agent. They must also tell everyone about money spent. This report will be public. It can be in newspapers. This helps people see campaign money.
The government does not give money for campaigns. They only set money limits. Parties in parliament can use some of their money.
Cyprus has many parties. This makes elections hard. The money rules are important. Candidates must be careful with money. They need to keep good records. This makes elections more fair.