Paris/London CNN —Just weeks after hugely disruptive protests and strikes over pension reforms in France finally died down, businesses in the country are grappling with the fallout from a week of rioting.
The riots, which were sparked by the fatal shooting of a teenager by a police officer last Tuesday, have already caused more than €1 billion ($1.1 billion) worth of damage, according to a French business association, MEDEF.
Protesters have looted 200 stores and destroyed 300 bank branches and 250 smaller corner shops, a MEDEF spokesperson told CNN.
French President Emmanuel Macron said Tuesday that he believed the “peak” of the violence had passed, according to CNN affiliate BFMTV.
Sebastien Salom-Gomis/AFP/Getty ImagesThe French government is also considering ways to help businesses most affected by the riots, BFMTV reported, citing Finance Minister Bruno Le Maire.
Persons:
London CNN —, Merzouk, Emmanuel Macron, Macron, Sebastien Salom, BFMTV, Bruno Le Maire, Le Maire, DBRS Morningstar, MEDEF, Geoffroy Roux de Bezieux, — Niamh Kennedy
Organizations:
London CNN, MEDEF, CNN, ”, Getty, France Inter
Locations:
Paris, London, France, French, Nantes, AFP, Dublin