French PM urges banks to fund presidential election candidates

French Prime Minister Sébastien Lecornu is urging banks to create a joint funding mechanism for presidential campaigns, but banks have rejected this proposal. Despite multiple letters from Lecornu, including a recent one on October 30, discussions have not progressed. He aims to ensure that all candidates have the necessary resources to present their platforms and to prevent foreign influence in elections, particularly concerning the far-right Rassemblement National, which previously borrowed from a Russian bank. Current laws restrict loans from outside the European Economic Area.