Yellow vest protests 'economic catastrophe' for France

Yellow vest protests 'economic catastrophe' for France

By Lena Reece
Monday 10/12/2018
About 50 vehicles were set on fire during the protests[Photo:BBC News]

The "yellow vest" protests have been "a catastrophe" for the French economy.

The French Finance Minister says, France has seen four consecutive weekends of demonstrations against fuel tax rises, high living costs, and other issues.

About 125,000 protesters took to the streets yesterday, with more than 1,700 people arrested.

Several tourist sites, including the Eiffel Tower and Louvre Museum, are closed over the weekend.

Finance Minister Bruno Le Maire called the situation "a crisis" for both society and democracy.

The capital was particularly badly hit, with windows smashed, cars burned, and shops looted, as 10,000 people took part in demonstrations.

President Emmanuel Macron ‑ who many protesters want to stand down ‑ will address the nation in the coming days.

[Source:BBC News]

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