Kremlin-Backed Bank Is Loaning Money To France’s Far-Right Party

FILE - In this Friday, Jan. 17, 2014 file photo Russian President Vladimir Putin listens to a translation during an interview to Russian and foreign media in the Russian Black Sea resort of Sochi, Russia. For Preside... FILE - In this Friday, Jan. 17, 2014 file photo Russian President Vladimir Putin listens to a translation during an interview to Russian and foreign media in the Russian Black Sea resort of Sochi, Russia. For President Vladimir Putin, the Winter Olympics he brought to Sochi have always been about far more than sports. The benefits he sees from holding the games range from improving Russia’s international standing and instilling a sense of national pride to turning around the country’s demographic decline. And of course Putin wants to be seen, at home and abroad, as the man who made this all possible. (AP Photo/RIA Novosti, Alexei Nikolsky, Presidential Press Service, File) MORE LESS

A Moscow-backed bank has provided a multi-million-euro loan to the far-right French political party, Time reported this week, which is leading some to wonder if Russian president Vladimir Putin is trying to interfere with Western Europe’s domestic affairs.

Marine Le Pen, who runs the National Front party in France, announced that she had received a loan of 9 million euros ($11.1 million) from the First Czech Russian Bank, which has ties to the Kremlin, according to Time.

“At this stage, Russia is trying to influence French domestic policy,” Jean-Yves Camus, a political researcher at France’s Institute of International and Strategic Relations, told the magazine. “In this respect Putin is pretty much in line with the former USSR. It is the same policy all over again.”

Le Pen has also traveled to Russia to meet with top Putin allies in recent months, per Time. The National Front party aims to remove France from the European Union, while also aligning with Moscow on issues like gay marriage and immigration.

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  1. Another neo-con story ginning up the McCain/Obama cold war about something that is none of America’s business.

  2. Wow, you’re still quick to show up here with the predictable Moscow line.

  3. I suspect Putin would very much like to destroy Europe, in part to gain territory and build an empire even bigger than the former CCCP. Mostly, I suspect, he’d like to destroy Europe (and others) just to show he can.

  4. France has been America’s business ever since America was France’s business, around 1778. We have numerous mutual concerns.

  5. $11 million. Is that big in French politics?

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