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Francecost of livingprotestseducationpublic spending
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EUR/USD
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 1.12044 |
| Change that session | -0.11% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Thousands march in France over schools and living costs as police use tear gas
- Thousands march in France over schools and living costs as police use tear gas
- Why are people protesting in France ? The issues fueling nationwide unrest
The movement began with student protests in late September over run-down public schools and has grown into a nationwide movement against rising living costs, including high fuel prices. Protesters cited teacher shortages, dilapidated classrooms and an opaque university admissions system, while fuel costs rose partly due to the Middle East war. Violence and looting in several cities led to about 1,800 arrests, damage to about 1,500 businesses, and around 500 police, firefighters and paramedics injured. The government plans to deploy 3,000 more substitute teachers and drop a planned rise in university registration fees, but has signaled limits to further concessions. The interior ministry estimated 550,000 people joined nationwide protests, while the CGT put turnout at 800,000.
- Argentina : Milei austerity policies trigger student protests
Thousands of students, university staff, trade unionists and opposition supporters rallied outside Argentina's parliament in Buenos Aires on October 16 against President Javier Milei's education cuts and to demand implementation of a university funding law. The protest was largely peaceful, but masked individuals threw stones at police, injuring at least eight officers, and police responded with water cannons and tear gas, with 25 people arrested according to the National Security Ministry. Milei vetoed the law passed by Congress in 2025, saying 'there is no money' for inflation-linked spending; Congress overrode the veto and several courts ordered the funds released, but the government has refused, claiming the law is suspended due to its legal action. Public university spending fell 41% in real terms in the first half of 2026, according to the Center for National Economic Research of the University of Buenos Aires, and this was the fifth such protest since Milei took office in 2023.
- French Protests Against Neoliberal Austerity, Colonialism, and White Supremacy
- Lionel Laurent : Liberte , egalite , misery ? Why France is burning
A weekend of rioting in France saw some 1,500 stores looted across the country and 500 people detained in Paris alone, prompting President Emmanuel Macron to describe “shame and anger.” The author argues the unrest reflects deeper grievances: public spending is skewed toward pensioners, whose spending jumped by about 6.5 points since 1974, while spending on public services such as security, courts and education rose only 0.1–0.3 points. Wages have also lagged, with Le Monde estimating the French median wage rose 22.8% since 2017 against 23.4% inflation. Anger over prices has also sparked clashes in Italy and Portugal, and the piece suggests the unrest could shape the 2027 presidential election.
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