SPY -1.90%
BND +0.88%
QQQ -4.80%
DIA +0.56%
VNQ +0.68%
GLD +0.09%
BTC -2.01%
AAPL +0.45%
GOOGL -4.01%
NVDA -6.50%
MSFT -3.02%
META -7.50%
AMZN -3.69%
TSLA -6.07%
UBER -1.72%
GS -1.59%
BAC -5.11%
JPM +2.39%
BRK.A +2.26%
COST +3.40%
XOM +2.73%
BABA -1.35%
WMT +5.74%
SPCX -7.06%
DIS +2.04%
F +2.81%
  • Discounts and special offers
  • Subscriber-only articles and interviews
  • Breaking news and trending topics

Already a subscriber?

By signing up, you accept Moneywise's Terms of Use, Subscription Agreement, and Privacy Policy.

Not interested ?

Top Stories
A photo of Limoges City Hall, France gettyimages.com / ELISE CABANE

Majestic 143-year-old building survived years of Nazi occupation. Students and protesters nearly burnt it to the ground in a single day

A historic French town hall that served as a hub for resistance during World War II was devastated by fire during student demonstrations.

For 143 years, Limoges City Hall stood as a symbol of French history, surviving two world wars and playing a significant role in the country’s resistance to Nazi occupation. But on Oct. 17, the historic landmark was set ablaze by French students, leaving much of the building in ruins.

Advertisement

Students in France are demonstrating to demand greater higher-education funds and resources, amid the climbing costs of living, deteriorating school conditions and declining public services, according to NPR’s Eleanor Beardsley, who was on the ground in Paris.

The money news that actually matters.

By signing up, you accept Moneywise Terms of Use, Subscription Agreement, and Privacy Policy.

About 550,000 people marched around the country on Saturday, Interior Minister Laurent Nunez told Reuters. While most of them protested peacefully, a small minority looted shops and attacked buildings, including the Limoges City Hall.

The movement has since spread across Europe — from Belgium and Albania to Portugal and Italy — with some protests turning into violent clashes between students and law enforcement.

A piece of history burned

Located in Limoges, a city in southwestern France, the ornate, neo-Renaissance building opened in 1883. Its architecture was inspired by Paris City Hall, and it became one of the city’s most recognizable landmarks.

The building was designated a historic monument in 1975, recognizing its architectural and cultural significance.

Its historical significance extended beyond its architecture, however. In May 1940, as Nazi Germany advanced across Europe, members of Belgium’s government fled their country and arrived in Limoges. The town hall provided offices for Belgian ministers and parliamentarians who opposed their king’s surrender to Germany.

During the German occupation of France, Limoges also became an important center for resistance activity. The city was ultimately liberated on Aug. 21, 1944, after years of occupation and conflict.

Now, several decades down the line, the building has suffered a different kind of destruction.

In Limoges, a group of several hundred masked individuals broke windows, charged the town hall and ignited a fire. The flames spread through the building, destroying its roof and causing its 43-meter (141-foot) clock tower to collapse.

Advertisement

Authorities have reported extensive damage, prompting outrage from residents and city officials.

Local prefect Maurice Barate told Reuters that the damage done is a “heritage catastrophe.” Meanwhile, Mayor Guillaume Guérin described the damage as deliberate.

“There was a clear, premeditated intention to burn down the town hall, and the people inside feared for their lives,” he told Reuters, threatening to resign if the city did not receive sufficient funding to repair the damage.

Must Read

What will it cost to restore the historic landmark?

The full financial cost of the fire remains uncertain, but the building already carried a substantial restoration price tag before the blaze,.

Advertisement

According to French regional news outlet Aquitaine Online, the town hall had been the subject of an estimated 4€ million (about $4.5 million USD) in restoration work before the fire. That figure provides a sense of the investment needed to preserve the historic structure — even before it suffered extensive fire damage.

Reconstructing a 19th-century landmark presents challenges beyond replacing damaged walls and roofing. The building featured decorative stone sculptures, mosaics, porcelain decorations and other architectural details reflecting Limoges’ cultural heritage and renowned porcelain industry, which can be difficult or impossible to reproduce.

The destruction has drawn comparisons with the 2019 fire at Notre Dame Cathedral in Paris, another historic French landmark severely damaged by flames.

Before the fire, the Ministry of Culture blueprint estimated that the restoration budget for the building would cost approximately $180 million. Following the fire, Rebâtir Notre-Dame de Paris told CBC that restoration would cost about €700 million (or over $780 million USD). After several years of meticulous repairs, however, the total cost climbed up to $928 million.

In both cases, the damage extended beyond the physical structures to buildings that had become part of the country’s cultural identity. For Limoges, the damage is particularly painful because the town hall had survived some of the darkest chapters in European history.

You May Also Like

Share this:
AnnaMarie Houlis Weekend Editor

AnnaMarie Houlis is a journalist and author with more than 15 years of experience, thousands of bylines and four books covering everything from travel, lifestyle and wellness to finance, technology and business.

more from AnnaMarie Houlis

Explore the latest

Disclaimer

The content provided on Moneywise is information to help users become financially literate. It is neither investment, tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities, enter into any loan, mortgage or insurance agreements or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter. Advertisers are not responsible for the content of this site, including any editorials or reviews that may appear on this site. For complete and current information on any advertiser product, please visit their website.

†Terms and Conditions apply.