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EUR/USD
▼ Likely negativeRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 1.12044 |
| Change that session | -0.11% |
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- France mobilises thousands of police at protests over living costs
- France mobilizes massive police presence to curb violence at protests over school funding , living costs
France deployed up to 70,000 police officers nationwide on Saturday as protests over school funding, wages and living costs spread, a week after looting and attacks that damaged or looted around 3,000 shops. In Paris, a union march was moved to the city's southeastern edge and major museums, including the Louvre, were closed, while rallies in Lyon, Nice and Montpellier were banned by local authorities. The movement began last month over staff shortages at a high school and has grown to include student demands for 250,000 more higher-education places and an extra 200 euros a month in grants. Interior Minister Laurent Nuñez acknowledged that police had lost control in some cities during last weekend's unrest and offered to resign, but Macron refused. Meanwhile, thousands marched in Orléans against the far right during a National Rally congress.
- A generation in economic crisis : Europe young people take to the streets as protest
Violent protests that began in France are spreading across Europe in a domino effect, reaching Lisbon, Madrid, Milan and Tirana with clashes with police, looting and vandalism. The article links the unrest to a stagnant job market, soaring rents and home prices, fuel and food price increases tied to the war with Iran, and welfare cuts as governments divert funds to defense spending amid fears of war with Russia. In France, the movement began four weeks ago as a student protest over school conditions before Yellow Vest members joined, and the main driver is the country's debt burden, with interest payments forecast to exceed 90 billion euros next year, more than its defense or education budgets. Although the protests are not coordinated, the article argues they share economic and ideological threads and social media tools, and images of half a million demonstrators in France are inspiring people in Italy, Spain and Portugal. In Lisbon, protesters set up tent encampments demanding action on the housing crisis, while in Milan demonstrations against the high cost of living turned violent.
- France Cost-of-Living Protests: 4 Numbers That Help Explain the Anger
Protests in France began as student demonstrations over school conditions but have grown into a wider movement over the cost of living. France's monetary poverty rate reached 15.4% in 2024, its highest since 1996, affecting around 9.8 million people, with the threshold at €1,337 a month for a single person. Energy prices rose more than 60% between 2015 and the first half of 2026, with electricity up 43%, and fuel prices rising a further 30% from the end of 2025 to April 2026 as the war in Iran and the Strait of Hormuz crisis sent costs soaring. According to Eurostat, 28.8% of people in France could not afford an unexpected expense without borrowing in 2025, and 41.1% lived in households with at least some difficulty making ends meet.
- Protests spread across Europe : Cost - of - living pressures behind the demonstrations
Thousands of people across Europe protested over the weekend against rising living costs, unaffordable housing, low wages and strained public services. In France, hundreds of thousands joined demonstrations, but some turned into looting and rioting that damaged about 1,500 shops, with the Retail and Trade Federation estimating costs of “several hundreds of millions of euros” and President Emmanuel Macron vowing to hold those responsible to account. Police clashed with demonstrators in Belgium, while Italy saw clashes in Milan, Turin and Bologna, and Portugal’s unions called for higher wages, better pensions and affordable housing. Eurostat data analysed by Euronews Business shows EU food prices rose 34% between August 2021 and August 2026, and the food a minimum wage could buy fell 6% in Malta, 5% in Spain and 4% in France. The comparison excludes taxes, rent and other household costs.
- World Insights : Cost - of - living anger fuels protests across Europe amid deepening social - economic strains - Xinhua
Tens of thousands of people took to the streets across several European cities over the weekend to protest rising living costs, housing shortages and strained public services. In France, some 550,000 people joined nationwide demonstrations on Saturday, which quickly turned violent, leaving 997 police officers and gendarmes injured, seven seriously, and 2,397 people arrested nationwide. In Milan, Italy, protesters threw firecrackers and bottles at police, injuring at least four officers and 20 demonstrators, with about 50 detained. Clashes also broke out in Brussels, and tens of thousands marched in Portuguese cities demanding affordable housing. Analysts warn that failing to address these hardships risks further eroding public trust and deepening social divisions.
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