Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jan 10, 2017

Le Pen Says All French Banks Have Refused to Meet With Her

Le Pen Says All French Banks Have Refused to Meet With Her

None

(Bloomberg) -- National Front leader Marine Le Pen said French banks have refused to meet with her to discuss the possibility of financing her presidential campaign.

All the other candidates have received funding from French banks, Le Pen said in an interview on France 2 television.

“The fact that the banks won't lend to us, playing a political role, poses a real problem for democracy,” she said. “It's the banks who decide who can run and who can't.”

The leader of the anti-euro, anti-immigrant National Front said she is looking for foreign banks for financing.

In France public funds are provided to candidates for campaign expenses after presidential elections provided they win at least 5 percent of the vote. Typically candidates borrow during campaign with the idea of using public funds to repay the loans after the vote.

Polls suggest Le Pen will win at least 20 percent of votes in the first round of the presidential election on April 23.

To contact the reporter on this story: Gregory Viscusi in Paris at gviscusi@bloomberg.net.

To contact the editors responsible for this story: Alan Crawford at acrawford6@bloomberg.net, Mark Deen

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source