The money has always followed the power in French politics, as the party in office has built-in advantages for financing campaigns.
- Gregory Viscusi
- Bloomberg
Now, that gap is widening, with banks becoming more reluctant to make up the shortfall.
As he prepares for European Parliament elections in May, President Emmanuel Macron has a two-part edge: free airtime from a series of public debates and enough money to fund his party’s activities.
Cash-strapped rivals are begging for donations and relying on volunteers.
It wasn’t always this way.
Only one major party, Marine Le Pen’s National Front, was turned down for a…