TREE NEWS update: French Prime Minister Sébastien Lecornu said France will impose local curfews in some areas after weekend protests in Paris and other cities turned into riots. Speaking to reporters after a crisis meeting with cabinet members, Lecornu called the unrest “clear criminal and looting acts” that must not be allowed to continue. SME Minister Serge Papin said about 3,000 businesses were damaged or looted, after more than 500,000 people took to the streets on Saturday to protest the high cost of living.
France to impose local curfews after weekend riots, PM Lecornu says
The scale of the damage to roughly 3,000 businesses shifts this from a policing story into an economic one, and the involvement of the SME minister signals that the government sees commercial survival as part of the response. For markets, the relevant read is pressure on small and mid-sized French firms already squeezed by living costs, with curfews adding a further drag on trading in affected areas. Whether the unrest stays contained to local curfews or spreads beyond the weekend's flashpoints is the open question.
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