Le Pen Facing Funding Issues

National Front leader Marine Le Pen is struggling to raise the 20 million euros ($21 million) she needs to fund French presidential and legislative campaigns in 2017 after the party’s Russian lender failed, the party treasurer said.

The Central Bank of Russia revoked the license of the National Front’s Moscow-based lender First Czech Russian Bank OOO in July and the party has still to find another backer, according to treasurer Wallerand de Saint Just. Saint Just said he’s seeking international financiers in countries including Russia because French banks have refused to fund his party.

Bloomberg

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