French finance minister says protests 'economic catastrophe'

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The continuing street demonstrations and blockades in France mounted by the so-called 'Yellow Vest' movement demanding an end to falling living standards for lower-income earners has become a 'catastrophe for our economy' said French finance minister Bruno Le Maire as he visited parts of Paris where commercial premises and vehicles were vanadlised during weekend protests.

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French finance minister Bruno Le Maire said the country’s “Yellow Vest” protests were a serious blow to the nation’s companies and economy and retailers are forecasting substantial losses, reports Bloomberg.