France is presently in the throes of nationwide student protests that have turned increasingly violent as the police crack down on students, using tear gas and heavy-handed tactics as students blockade entrances to their schools and even set fire to several schools across France.

The students, aged between 15 and 18, are protesting over poor school conditions (overcrowded classrooms, crumbling infrastructure, heavy workloads, teacher shortages) and demand increased funding for schools. Thousands have been detained, mostly minors, and dozens injured, including some 50 law enforcement officers.

The high school protests begun in Aubervilliers, a low-income Paris suburb, but quickly spread nationwide, as usually happens with students protests in France. University students have now joined high school schools across France, thus creating an even more volatile situation for the French government. Incidentally, the student protests are unfolding alongside massive public-sector protests over pay and working conditions.

French students have also shown that they are always on the side of the workers’ fight for better working conditions and in their struggle for an alternative socioeconomic and political order.

France is indeed in crisis mode, economically, politically, and socially. Weak growth and deteriorating public finances have been the norm for several years now, while austerity is being advanced by the political establishment as the only available solution to the country’s economic problems and financial misery. French Prime Minister Sébastien Lecornu presented an austerity-driven government budget on October 1 that proposes 43 billion euros in new fiscal measures to reduce the deficit.

However, the budget bill is surely expected to face a rough ride as France has a deeply divided parliament that has repeatedly rejected austerity-driven budget proposals, forcing in fact several prime ministers since 2022 to step down. Lecornu’s government may very well be the next one to collapse as it is highly unlikely that either Marine Le Pen’s far-right National Rally (RN) party or Jean-Luc Mélenchon’s left-wing France Unbowed (LFI) party (which France’s Interior Ministry has actually classified as far left) will make compromises, especially in light of the fact that France’s next presidential election is scheduled for April 18 and May 2, 2027, and looks like the run-off election will be between Le Pen and Mélenchon.

In addition, France’s bond market is under growing pressure as its 10-year yield has reached the highest level since 2002. With the cost of borrowing money hitting a peak, France, which has faced sluggish growth for years, is likely to see even slower growth in 2027 than in 2026. This situation seems to be serving the far-right RN party particularly well, which has already scored a “historic victory” by securing enough seats in the........

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