French PM’s office meets banks to try resolve far right’s financing problem
6 Articles
6 Articles
The services of the Prime Minister, Sébastien Lecornu, are active to help the extreme right-wing leader to access a bank loan. The National Rally, a permanently condemned delinquent party, is in a financial situation too delicate to do so itself and can no longer turn to Russia.
Marine Le Pen leads in the polls, and the National Rassenmblement has significantly reduced its debt – and yet France's major banks refuse to lend to the party's presidential election campaign. Prime Minister Sébastien Lecornu is now negotiating a joint bank loan with a partial state guarantee. Paris is finally responding to a situation in which private credit institutions effectively decide which political forces can lead a nationwide election …
At the Grand Mass of the suitors at the Élysée, it is Sébastien Lecornu who seems to be in charge of the quest. Faced with the difficulties encountered by the National Rally in the financing process of his presidential campaign with the French banks, the Prime Minister gathered Monday 20 July several representatives of the sector in Matignon.
Matignon wants to allow "all" candidates to get a French bank loan. But the RN, regularly in financial difficulty, may well be the main winner.
Prime Minister Sébastien Lecornu received last week the representatives of the main French banks. The purpose of the meeting was to gain access to French financing for all presidential candidates. In reality, it was rather about the financing of the National Rally so far blocked by the French banks.
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