Le Pen borrowed €9mn from Kremlin-linked bank

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Series Details 24.11.14
Publication Date 24/11/2014
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EUObserver reported in November 2014 that French far-right party Front National (FN) had borrowed €9 million from First Czech Russian Bank (FCRB), further encouraging speculation on the type of relationship the European far-right has developed with Russia.

Back in March 2014, the Russian government invited some of Europe's far-right parties to observe the referendum in Crimea (click here for more information on the subject).

FN party leader Marine Le Pen has praised Russian leader Vladimir Putin’s actions in Ukraine and has blamed the West for causing the crisis. Deutsche Welle also reported that in the European Parliament, it was not only Le Pen and members of the National Front who had advocated Putin. Leader of the British right-wing UK Independence Party, Nigel Farage, and MPs of the 'Alternative for Germany' party had also made Russia-friendly comments.

In May 2014, the Prosecutor’s Office in Hungary requested the European Parliament to waiver the immunity of far-right Hungarian MEP Bela Kovacs amid allegations he was working for Russia.

Source Link Link to Main Source http://euobserver.com/foreign/126638
Related Links
ESO: Background information: 'A Partner for Russia': Europe's Far Right Flirts with Moscow http://www.europeansources.info/record/a-partner-for-russia-europes-far-right-flirts-with-moscow/
ESO: Background information: Jobbik MEP accused of working for Russia http://www.europeansources.info/record/jobbik-mep-accused-of-working-for-russia/
France24, 23.11.14: France’s cash-strapped far right turns to Russian lender http://www.france24.com/en/20141123-france-far-right-turns-russian-lender-national-front-marine-le-pen/
The Local.fr, 24.11.14: Le Pen forced to justify €9m loan from Russia http://www.thelocal.fr/20141124/frances-far-right-turns-to-russia-for-9-million-loan
EUObserver, 26.11.14: Reports multiply of Kremlin links to anti-EU parties http://euobserver.com/foreign/126676
EUObserver, 27.11.14: Mediapart: National Front's Kremlin loan is worth €40mn http://euobserver.com/foreign/126693
Deutsche Welle, 29.11.14: Is the Kremlin financing Europe's right-wing populists? http://dw.de/p/1DwzI
Political Capital Institute: Analysis: The Russian Connection: The spread of pro-Russian policies on the European far right, March 2014 http://www.riskandforecast.com/post/in-depth-analysis/the-russian-connection_803.html
EUObserver, 01.12.14: Mediapart: Former Russian spy lent €2mn to Le Pen senior http://euobserver.com/foreign/126731
The Guardian, 27.11.14: Russia exerts influence in France with tree diplomacy – and loans to Le Pen http://www.theguardian.com/world/2014/nov/27/russia-exerts-influence-france-with-tree-diplomacy-loans-le-pen
EurActiv, 05.12.14: National Front's Russian loans cause uproar in European Parliament http://www.euractiv.com/sections/europes-east/national-fronts-russian-loans-cause-uproar-european-parliament-310599

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