Venice Commission Limits Oligarch Power in Georgia, Moldova

CoE/Venice Commission

In two interim opinions on draft laws aimed at limiting the excessive economic and political influence in public life, the Council of Europe’s body of constitutional experts, the Venice Commission has called on the Georgian and Moldovan authorities to adopt systemic reforms rather than targeting specific individuals, in order to achieve “de-oligarchisation“.

The Venice Commission supported the goal in both countries of eliminating or at least limiting the influence of oligarchs in political, economic and public life.

The Commission stressed that de-oligarchisation should be ensured through a systemic approach which has a preventative effect and targets numerous fields, such as legislation relating to media, anti-monopoly, political parties, elections, taxation, anti-corruption and anti-money laundering.

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