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Official French estimates indicated that the cost of damages resulting from the "Yellow Vests" movement protests in the country on October 17 and 18 may exceed one billion euros.
The "French Foundation for Research on Administration and Public Policies" prepared an estimate of the volume of damages resulting from the acts of violence and looting that accompanied the protests.
According to data published by the foundation on its website, the total cost is estimated at about 1.1 billion euros, including damages to shops and public property, including the town hall building in the city of Limoges, which was set on fire.
The value of material damages amounts to about 910 million euros, while revenue losses resulting from the suspension or decline of commercial activities are estimated at about 190 million euros.
The "Yellow Vests" protests, which erupted in rejection of the high cost of living and rising fuel prices, witnessed movements across France on October 17, 18, and 24.
The protests caused damage to more than 2,500 shops, while 1,161 shops suffered severe damage due to looting and arson, especially during the events of October 17.
The "Yellow Vests" demonstrations in France began for the first time on November 17, 2018, in protest against rising fuel prices and poor economic conditions, then turned into protests against the social and economic policies of President Emmanuel Macron.
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