Fillon Campaign Going From Bad to Worse

French Republican candidate Francois Fillon postponed a major campaign event and called an emergency press conference amid reports judges may be advancing a probe into his family’s finances.

Fillon pulled out of a planned visit to the annual Paris farm fair at the last minute Wednesday and will speak from his presidential campaign headquarters around noon, though his aides declined to give any reason for the delay. Le Journal du Dimanche reported that the candidate has been called in to speak to judges investigating him for possibly misusing public funds when he employed his wife as a parliamentary assistant, while Mediapart corrected a report that Fillon’s wife had been taken into custody.

Fillon’s lawyers didn’t respond to several requests for comment.

A chaotic morning saw Fillon’s campaign team left waiting at the agricultural show when the 62-year-old former prime minister failed to show up, the latest debacle in a campaign that has seen him drop from front-runner to third place in less than two months. The visit to the annual farm fair is a high-profile, unmissable outing for all presidential hopefuls.

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.