The events in France had a great cost to the economy.

Demonstrations in France have continued since the death of a 17-year-old driver named Nael M., as a result of being shot by police on June 27.

As clashes between police and protesters continue, the economic cost of the riots continues to rise.

Some 10 shopping malls, more than 200 supermarkets, 250 tobacco shops and 250 banking establishments were attacked or looted the night before, French Finance Minister Bruno Le Maire said.

MORE THAN 100 MILLION EUROS

“Companies of all kinds were attacked, especially those with valuable assets,” said Jean-Luc Chauvin, president of the Aix Marseille Provence Chamber of Commerce.

Chauvin said that according to the first estimate made by insurers, the damage in the region exceeded 100 million euros and this figure will continue to rise.

On the other hand, Celine, the fashion label of LVMH, the world’s largest luxury consumer brand, canceled the menswear show that was scheduled to take place today in Paris.

Authorities have canceled cultural events such as concerts in some areas to avoid public gatherings.

WHAT HAPPENED?

French police opened fire on a car with 3 people in Nanterre on June 27, killing 17-year-old Nael M.

Those who reacted to the death of Nael took to the streets in different cities of the country and clashed with the police. The police officer who killed the youth was suspended and sentenced to trial as a prisoner.

In addition, looting and looting took place during protests in many cities, including Paris, Marseille and Lyon, and curfews were declared in 10 cities starting at 9:00 p.m.