EconomyLens.com
No Result
View All Result
Saturday, October 3, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Business

Eiffel Tower closed for fourth day as staff strike

Thomas Barnes by Thomas Barnes
February 22, 2024
in Business
Reading Time: 3 mins read
A A
7
20
SHARES
252
VIEWS
Share on FacebookShare on Twitter

Paris (AFP) – France’s iconic Eiffel Tower was closed for a fourth day on Thursday as employees extended a strike over the monument’s management, unions said.

The stoppage at one of the world’s best-known tourist sites is the second within two months in protest of what unions say is insufficient investment. The tower’s operator, SETE, has advised ticket holders to check its website before showing up, or to postpone their visit. E-ticket holders were asked to check their e-mails for further information. Ticket holders will be reimbursed, the operator said.

Unions have criticised SETE for basing its business model on what they say is an inflated estimate of future visitor numbers, while underestimating repair and maintenance costs. Union representatives were to meet SETE management in the afternoon, they told AFP. Unions have also called on the city of Paris “to be reasonable with their financial demands to ensure the survival of the monument and the company operating it”.

Related

Disney president says layoffs ‘extremely painful’ but necessary

Nike plans job cuts as it forecasts lower sales

Man City sponsor Etihad says considering legal action against Premier League

UK tribunal overturns ban on Naomi Campbell leading charities

Dangote’s $16bn Kenya refinery ‘new chapter’ for Africa

Their main grievance is that city hall is charging the Eiffel Tower’s operator a leasing fee they say is too high, sapping funds for necessary maintenance work. The Eiffel Tower booked a shortfall of around 120 million euros ($130 million) during the Covid pandemic in 2020 and 2021. Its operator has since received a recapitalisation of 60 million euros, which unions say is insufficient given that major maintenance work is needed, including a fresh paint job.

Visitor numbers at the Eiffel Tower dropped sharply during Covid due to closures and travel restrictions, but recovered to 5.9 million in 2022 and 6.3 million last year.

Tags: financial managementstriketourism
Share8Tweet5Share1Pin2Send
Previous Post

Asian stocks mostly up as China enjoys Lunar New Year bump

Next Post

France ‘probably’ missed 2023 deficit target: source

Thomas Barnes

Thomas Barnes

Related Posts

Business

Swiss regulator concludes Julius Baer bank probe

September 30, 2026
Business

Celine Dion wows Paris Fashion Week with surprise gig

September 28, 2026
Business

Trump announces ‘biggest’ US steel plant in battleground Iowa

September 29, 2026
Business

Moscow seizes Russian assets of German food retailer Metro

September 28, 2026
Business

Wartime Ukraine works to keep its railways on track

September 28, 2026
Business

Japanese convenience store enlists Lady Gaga to bolster recruitment

September 28, 2026
Next Post

France 'probably' missed 2023 deficit target: source

Stock markets diverge before more key earnings

Ecuador backtracks on plan to send weapons to Ukraine

Italy takes over troubled steel mill

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
7 Comments
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

104

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

AI needs safety layers like nuclear plants: ex-OpenAI engineer

October 3, 2026

Boisterous fashion week barnstorms ‘sleepy’ Nigerian capital

October 3, 2026

Argentina unveils passports-for-investment scheme

October 3, 2026

Asian carmakers besting US rivals at home, China poised to strike

October 3, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Your Privacy Choices

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2026 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.