By  on December 3, 2018

PARIS — France faces “serious and ongoing” economic fallout after a third weekend of antigovernment protests led to scenes of violence and ransacking not seen since the May 1968 student riots, officials said Monday.

Finance Minister Bruno Le Maire said mass retailers have seen a 15 to 25 percent cumulative drop in sales due to the ongoing protests by demonstrators in reflective safety vests — known as “gilets jaunes” — who have blocked roads and vandalized stores, causing foot traffic to plummet during the crucial holiday spending season.

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