France's Yellow Vest Protests Wane After Macron Urges Calm

(Bloomberg) -- Protesters in France staged another round of marches on Saturday, though their numbers dropped sharply from a week earlier.

Protests by the so-called Yellow Vests, named after drivers’ safety jackets, have roiled the country weekly since November. Initially triggered by a planned increase in gasoline taxes, the movement has morphed to include a series of disparate grievances against higher taxes and falling purchasing power, as well as calls for French President Emmanuel Macron’s resignation.

The grassroots movement has lost steam in recent weeks. There were 5,600 protesters across France as of 2 p.m., according to Interior Ministry figures, with 1,320 in Paris. That compares with 11,600 protesters a week earlier. This was the 16th Saturday in a row of protests.

Macron has been taking part in a series of national public debates he set up to help address the protests. He also announced 10 billion euros ($11.4 billion) of budget giveaways, including a boost to the minimum wage.

More than 75 percent of French people initially supported the Yellow Vests, according to opinion polls. The repetition of protests, along with the violence, has made the movement less popular, with a majority of French now supporting an end to the demonstrations.

Macron said on Friday that grassroots Yellow Vests protests are no longer comprehensible and that “the country needs a return to calm.”

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