Macron bans non-union protests
Macron Bans Non-Union Protests Amid French Unrest
French President Macron announced a ban on protests not organized by trade unions, as cities imposed restrictions and curfews to curb violence and looting.
French President Macron has declared that protests not organized by trade unions will be banned amid ongoing unrest. Cities across France have implemented protest bans and curfews, with over 2,700 arrests made and many facing fast-track trials.
The unrest has led to significant economic repercussions, with French 10-year bond yields hitting a 24-year high. The government is grappling with a high deficit and political instability, impacting fiscal policy. Economic damage from the protests is estimated to exceed 1.2 billion euros, with prolonged unrest threatening to dampen economic growth and confidence.