Sébastien Lecornu urges banks to finance candidates for the presidential election

French Prime Minister Sébastien Lecornu is urging banks to establish a shared financing system for presidential candidates, following their refusal to engage. He sent a follow-up letter on October 30, inviting them to resume discussions to ensure candidates have necessary resources. Lecornu emphasizes the importance of preventing foreign influence in elections, particularly referencing concerns about the National Rally party's past financing from a Russian bank. A 2017 law prohibits loans from outside the European Economic Area.