Losses From Riots in France Estimated at $1Bln
© AP Photo / Aurelien MorissardA demonstrator runs on the third night of protests sparked by the fatal police shooting of a 17-year-old driver in the Paris suburb of Nanterre, France, Friday, June 30, 2023. After six years in power, French President Emmanuel Macron appears further weakened by days of rioting over the death of a teen killed by police that come on top of a series of other challenges at home, leading domestic politics to impede his influence abroad. Macron was forced to delay his state visit to Germany meant to show the strength of the friendship between both nations after recent disputes over on issues including energy, defense and the economy.
© AP Photo / Aurelien Morissard
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PARIS (Sputnik) - The losses from the ongoing riots in France are estimated at over one billion euros ($1.09 billion), excluding tourist industry losses, president of the Movement of the Enterprises of France (Medef) Geoffroy Roux de Bezieux said on Monday.
"It is too early to give you the exact figures yet, but we're talking here over one billion euros, not including tourist industry losses," Roux de Bezieux said in an interview with French newspaper Le Parisien.
He added that according to his data, over 200 retail outlets had been plundered, over 300 banking centers destroyed and 250 vendor kiosks damaged by the rioters.
France has been on edge since last Tuesday, when a teenager was shot dead by a policeman for allegedly disobeying a traffic stop in Nanterre, a suburb of Paris. The officer who pulled the trigger on 17-year-old Nahel M. has been taken into custody on suspicion of voluntary manslaughter, but that has not stopped protesters.
Violent protests have escalated into rioting and looting, prompting authorities in some parts of France to impose partial curfews and limitations on public transport. The French Interior Ministry has reported daily detentions and injuries to police officers.