Home Europe French banks quizzed on plans if Le Pen wins in presidential election
French banks quizzed on plans if Le Pen wins in presidential election

French banks quizzed on plans if Le Pen wins in presidential election

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regulators and investors are asking French banks about their preparations for any market

ructions – from bank runs to credit crunches – that might be caused by Marine Le Pen faring better than expected in the presidential election.

Far-right leader Le Pen has said that if she becomes president she would call a referendum on ditching the euro, finance state spending through central bank money-printing, force commercial banks to lend to small firms and halve the maximum rates that banks can charge clients.

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