• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
France

French Yellow Vest Protests Lose Steam After Macron Concessions

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
December 15, 2018, 4:38 PM ET

Demonstrations across France by the “Yellow Vests” movement drew around half the number of last week’s protesters, suggesting that Emmanuel Macron’s concessions have dented the campaign’s momentum.

While protesters still called for the president to step down for a fifth Saturday in a row, placards calling for a higher minimum wage were replaced by those seeking a citizens’ referendum.

Some 66,000 people had taken part by 6 p.m., down from the 126,000 at the same time last Saturday, Agence-France Presse reported, citing estimates from the Interior Ministry. The ministry counted about 4,000 protesters on a cold and rainy day in Paris, down from 10,000 a week earlier.

“The Yellow Vests movement is in its concluding phase,” former President Francois Hollande told reporters, adding that the fact that Macron had given in to some demands showed that the movement was “useful,” because it resulted in “significant advances” for part of the population.

People across France have been donning high-visibility vests for more than a month to express a range of grievances and demands, ranging from lower taxes and higher wages to better public services.

Last week, the protests in Paris saw looting, torched cars and damage to shops, restaurants and property. Macron has scrambled to limit the economic damage caused by the protests and blockades, and on Monday announced a package to boost the minimum wage, scrap taxes on overtime and raise pensions.

Interior Minister Christophe Castaner had warned on Friday that the demonstrations were attracting looters and violent extremists from the political left and right, prompting the French government to say it would deploy 8,000 police officers and armored vehicles in the capital.

“Thanks to the strong commitment of our police forces within the framework of a revised doctrine, the day ends well,” Castaner said in a tweet on Saturday. “Now dialogue has to bring together all those who wants to transform France.”

Police again used tear gas and water cannons to clear parts of the Champs-Elysees in central Paris, but the clashes that took place were on a far smaller scale. Police had apprehended 168 people in the capital around 6 p.m., with 112 of them taken in for custody, compared with more than 700 arrests carried out at the same time a week ago.

The protests have already battered the French economy, crushing growth just as Macron is in need of a boost to help deliver his reform agenda. The country’s private sector contracted in December for the first time during Macron’s presidency and the Bank of France has cut its growth forecasts for this year and the next as a broad cross section of industries are reporting falling output.

Amid the disruptions, the French are losing the will to spend: Sales sacrificed to the protests already exceed 1 billion euros ($1.13 billion), according to the FCD national retail federation. More than half of French people have changed their Christmas shopping plans due to the protests, according to an Opinionway poll published on Dec. 7, and one in five said they were ordering online for safety reasons.

Last night, an eighth person died in relation to the conflict, Castaner said in a separate tweet Saturday night, referring to accidents that have happened around road blocks set up by the protesters. “The roundabouts must be freed and the safety of all must again become the rule,” he said.

Saturday’s protests took part just days after a man shot people at a Christmas market in Strasbourg, killing several and wounding a dozen.

About the Author
By Bloomberg
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

Latest in

Personal FinanceReal Estate
Current ARM mortgage rates report for Jan. 9, 2026
By Glen Luke FlanaganJanuary 9, 2026
8 hours ago
Personal Financemortgages
Current mortgage rates report for Jan. 9, 2026: Rates tick back down
By Glen Luke FlanaganJanuary 9, 2026
8 hours ago
Personal FinanceReal Estate
Current refi mortgage rates report for Jan. 9, 2026
By Glen Luke FlanaganJanuary 9, 2026
8 hours ago
AsiaSingapore
Singapore-based startup founder Anand Roy thinks generative AI can help fix a broken music sector
By Angelica AngJanuary 8, 2026
14 hours ago
kirk
LawSocial Media
Tennessee theater professor reinstated, with $500,000 settlement, after losing his job over a Charlie Kirk-related social media post
By Jonathan Mattise and The Associated PressJanuary 8, 2026
17 hours ago
Brown
CybersecuritySocial Media
Mass shootings on campus give rise to a new kind of life-saving service journalism: an anonymous message board called Sidechat
By Leah Willingham and The Associated PressJanuary 8, 2026
17 hours ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Law
Amazon is cutting checks to millions of customers as part of a $2.5 billion FTC settlement. Here's who qualifies and how to get paid
By Sydney LakeJanuary 6, 2026
3 days ago
placeholder alt text
Success
Diary of a CEO founder says he hired someone with 'zero' work experience because she 'thanked the security guard by name' before the interview
By Emma BurleighJanuary 8, 2026
23 hours ago
placeholder alt text
Workplace Culture
Amazon demands proof of productivity from employees, asking for list of accomplishments
By Jake AngeloJanuary 8, 2026
22 hours ago
placeholder alt text
Future of Work
AI layoffs are looking more and more like corporate fiction that's masking a darker reality, Oxford Economics suggests
By Nick LichtenbergJanuary 7, 2026
2 days ago
placeholder alt text
Real Estate
Google billionaire Larry Page copies the Jeff Bezos playbook, buying a $173 million Miami compound that will save him millions in taxes
By Nick LichtenbergJanuary 8, 2026
20 hours ago
placeholder alt text
Crypto
Russia and Iran are increasingly turning to crypto—especially stablecoins—to avoid sanctions, report finds
By Carlos GarciaJanuary 8, 2026
1 day ago