How serious is the economic loss?, Burn down! This round of riots, 300 bank branches in Paris, France | economic losses | banks
During this round of riots in France, arson and other destructive activities were frequent, and many shops were looted, resulting in huge economic losses. Among them, the losses caused to the Paris public transportation system amounted to at least 20 million euros, while the economic losses nationwide exceeded 1 billion euros.
Video from CCTV Finance's "Tianxia Finance" program on July 4th
Mohammed is a tourist bus driver who serves tourists in Paris during the day and stays in the suburbs at night. He introduced that there had been specialized night tourism services launched in the local area before, but after the riots, these projects were cancelled for safety reasons. Moreover, nationwide, public transportation at night has basically ceased operations, making it difficult for him to return home from work at night.
French Paris tourist bus driver Mohammad: When I go home at night, I can't find the bus or catch the train. Destruction activities are rampant at night, and many things are ignited. We, who live in the suburbs, are very worried because our situation is very difficult.
The Transport Union of the Î le de France region, where Paris is located, stated on July 3rd that the recent riots in Paris's public transportation system alone have caused losses of at least 20 million euros. About 40 buses were burned down locally, and some sections of the tram tracks were damaged.
On the same day, the French Enterprise Federation stated that according to preliminary estimates, over 200 commercial entities were looted nationwide, 300 bank branches were burned down, and 250 tobacco specialty stores were damaged. The economic losses caused by this round of riots are expected to exceed 1 billion euros.
