City
Epaper

Losses to the tune of $1bn estimated from riots in France

By IANS | Updated: July 4, 2023 07:50 IST

Paris, July 4 The losses from the ongoing riots in France are estimated at over one billion euros ...

Open in App

Paris, July 4 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.

He added that according to his data, more than 200 retail outlets had been plundered, over 300 banking centers destroyed and 250 vendor kiosks damaged by the rioters, Sputnik News reported.

"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.

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, Sputnik News reported.

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.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: NanterreMovement of the enterprises of france -lrb-medefSputnik newsGeoffroy roux de bezieuxparisParis Saint GermainParis Climate AgreementNotre Dame De ParisDisneyland ParisParis Fashion WeekThe University Of ParisParis AgreementParis OperaLivre Paris
Open in App

Related Stories

Other Sports'Goodbye… But Not The End': Rohan Bopanna Announces Retirement After 22-Year-Old Career

EntertainmentJacqueline Fernandez to Grace Paris Fashion Week Following Stunning Appearance at London Show: Reports

InternationalAfter Nepal, Now France: Vehicles Torched, Train and Road Traffic Disrupted as 'Block Everything' Protest Turns Violent

EntertainmentReal-Life K-Drama: BTS V Mistakes Indian Fan’s Sketchbook for Gift in Paris, Internet Melt (Watch Video)

EntertainmentViral Video: Ishaan Khatter Cracks Hilarious ‘I Fell Joke’ in Paris, Leaves Fans in Splits

Politics Realted Stories

MumbaiWho Is Tejasvee Ghosalkar? Shiv Sena UBT Leader and Former Corporator Joins BJP Ahead of BMC Polls

MaharashtraSanjay Raut Says Sena–MNS Already Together No Need Others Permission

MaharashtraBig Jolt to Sharad Pawar as Salil Deshmukh, Son of Anil Deshmukh, Quits NCP-SP

PoliticsEknath Shinde Issues Strict No-Crossover Order After Meeting Amit Shah; Directive Communicated to All Shiv Sena Leaders

MaharashtraBMC Elections 2025: Devendra Fadnavis Says Clarity on Seat-Sharing Will Emerge in Two Days