The trial of former French Prime Minister Balladur on charges of corruption started

FTT Creations
Jan 19, 2021
1 min read

The trial of former French Prime Minister Edouard Balladur began today, Tuesday, on charges of illegal campaign financing. Balladur has been charged with aiding and abetting the misappropriation of assets, charges he denies. If found guilty, he could face several years in prison.

According to local media reports, Balladur, 91, was present at the court.

The case dates back to arms deals struck during the 1990s, the proceeds of which were reportedly used to fund Balladur’s presidential candidacy in 1995. Submarines were sold in an operation that was legal at the time, with high commission payments, raising suspicions that some of the money flowed illegally into the campaign. Balladur. The trial of Balladur, who was France's prime minister from 1993 to 1995, and former defense minister Francois Lyotard, is set to continue until mid-February.

The case is being heard by a special court for ministerial misconduct

Poland is facing significant financial challenges as it grapples with an increasing budget deficit. This is largely due to higher expenses related to defence, social welfare, and servicing its national debt. The ongoing conflict in Ukraine has created a tense geopolitical environment, prompting the Polish government to make substantial investments in military capabilities. While these expenditures aim to enhance national security, they are also straining the country's economi

Aug 293 min read

Denmark’s Economy Faces Turbulence as Novo Nordisk Struggles to Maintain Growth

Denmark is currently experiencing a pivotal economic shift. Recent reports reveal a dramatic reduction in the nation’s growth forecast for 2025, dropping from 3% to just 1.4%. This sharp decline can largely be attributed to challenges faced by Novo Nordisk, the pharmaceutical powerhouse best known for its weight-loss medication, Wegovy.

Aug 293 min read

German Migration Policy Shift Sparks International Condemnation as AfD Backs Union’s "Taboo-Breaking" Vote

A controversial move by Germany’s center-right Union bloc (CDU/CSU) to pass stricter migration policies with support from the far-right Alte

Jan 312 min read

The trial of former French Prime Minister Balladur on charges of corruption started

Recent Posts

Comments

Poland Faces Budget Deficit Challenges Amid Increased Defence Spending

Denmark’s Economy Faces Turbulence as Novo Nordisk Struggles to Maintain Growth

German Migration Policy Shift Sparks International Condemnation as AfD Backs Union’s "Taboo-Breaking" Vote