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Politics

France Imposes Curfews as Unrest Spreads Across Europe and Hits Markets

Protests against the high cost of living in France continue to escalate: following looting, several cities have imposed nightly curfews. Prime Minister Sébastien Lecornu announced the measures ahead of new protests, while President Emmanuel Macron rejected calls for his interior minister to resign. The unrest is also being felt economically - the DAX closed sharply lower amid uncertainty stemming from France, and the euro came under pressure too. Protests driven by similar grievances have also hit Italy, where Prime Minister Giorgia Meloni announced a decree with tougher measures after a wave of violence in Milan. Similar protests, including among students, continue across many European countries.

Why it matters

The unrest in France is no longer confined to one country - it has triggered a Europe-wide wave of protest and rattled financial markets. The curfews and the market reaction show how far the cost-of-living crisis has come to affect political and economic stability.

Prepared through Punkto's AI-assisted editorial process.

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