French banks want state to guarantee 2027 election loans, incoming lobby chief says
4 Articles
4 Articles
Between financial risks and image considerations, French banks are reluctant to lend to the suitors at the Élysée. ...
French banks want state to guarantee 2027 election loans, incoming lobby chief says
French banks need state guarantees for presidential campaign loans, the incoming head of the banking lobby said, as far-right leader Marine Le Pen seeks funding for her 2027 bid after years of saying that lenders had shunned her party.
The presidential candidates of 2027 are looking for money. The banks refuse to move forward alone and demand a sharing of risks with the state. Article The banks will not finance the presidential elections without the state at their side appeared first on Le Singulier.
Presidents: a French Bank Refuses to Finance the Candidates' Campaign because It Does Not Trust Them
While the state is trying to reassure the banks to finance the next presidential election, Crédit Mutuel has just slammed their noses on them. The bank fears that millions of euros will fly if the accounts of the star candidates are invalidated.
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