Riots in France: how much will the repairs cost and who will have to pay? : Current Woman Le MAG

Despite reinforced security measures, the riots are still lively in France, after the death of Nahel on Tuesday June 27, 2023 in Nanterre. The young boy was killed by police fire. In total, the Ministry of the Interior has so far identified 254 police premises attacked and no less than 1,059 buildings burned or damaged, including shops. In the foreground, the police and elected officials are targeted by the riots. The home of the mayor of L’Haÿ-les-Roses, for example (Val-de-Marne) Vincent Jeanbrun, was targeted by a ramming car during the 5th night of the riot, while his wife and two were there. children. She was injured in the run. Many businesses are also ransacked. Household appliances, clothing, shoes, restaurants and even large retailers… Nothing has been spared. Emmanuel Lechypre, economic columnist on BFM TV, unveiled Monday, July 3, 2023, the first estimates for future repairs. Shops, town halls, buses, street furniture…the direct global cost of these riots is estimated between 200 and 250 million euroshe explained on the air.

Who will pay the bill?

To this must also be added the indirect cost generated by the stoppage of public transport in the evening, the partial unemployment of employees, but also the cancellations of hotels and restaurants by tourists. “Many stores have had to close when we are at the very beginning of the sales”, recalled Emmanuel Lechypre. In the Paris region alone, “we see a 15% drop in reservations”, he continued. There is always that these indirect costs are estimated at more than one billion euros. An astronomical amount that raises an important question: who will pay? “Insurance companies will cover part of the costs, even if they have the possibility of turning against the State”explained the economic editorialist of BFM TVbefore adding that “Aid has been announced by the Minister of the Economy, Bruno Lemaire”. Of course, “in the end, it is the taxpayer who will pay”, confirmed Emmanuel Lechypre. Be that as it may, a week after the death of young Nahel, the tension is struggling to come down in France.

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