Le Pen’s debt-ridden party calls for public donations

The French far-right Rassemblement National party on Thursday resorted to asking for public donations to find €3 million to settle its debts.

With debts of some €23 million, the party led by Marine Le Pen, will relaunch in October its ‘great national loan’ initiative for the second time in the hopes of getting out of the red, Le Parisien reported.

With the arrival of its 89 deputies in the French National Assembly, the far-right party has however seen promises of funding increase to between €5-10 million.

But this year’s public funds due to the Rassemblment National will be paid in May 2023 at the earliest instead of February – a delay mostly due to the refusal of French banks to grant a loan to the party.

However, even after receiving the state funds, it is due, the RN will still be plagued by its debt issues that will be at the centre of the election of the party’s next president, scheduled for 5 November.

Identity and Democracy MEP Jordan Bardella, current acting president of the party, is the most likely candidate to take over Marine Le Pen’s position.

The winner will either have to decide to clean up the accounts or invest to try to develop the party.

(Charles Szumski | EURACTIV.com)

Source: Euractiv.com

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