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French Race Blown Wide Open as Le Pen, Macron Wait in Wings

  • Newspaper reports Fillon employed two children as senate aides
  • Canard report also raises amount wife earned to 900,000 euros
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Is Political Risk Premium in Europe Too High?

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Francois Fillon’s French presidential campaign plunged deeper into trouble on Tuesday after further revelations about his use of public funds to employ members of his family.

The Republican candidate’s daughter and son allegedly earned 84,000 euros ($91,000) from 2005 to 2007 while working for him when he was a Senator, Le Canard Enchaine said. His wife, Penelope Fillon, earned more than 900,000 euros during over a decade as a parliamentary assistant and a contributor to a magazine while doing little actual work, according to Le Canard.