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 Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam