Saving Industrial France: Report calls EU policy “naïve”

A parliamentary report released Tuesday, July 16 in France by the commission assigned to inquire into the French steel industry claims that Europe’s industrial policy is “naïve” and requires protectionist measures. The commission provided 26 proposals to, in particular, rescue the steel industry in France. Described by Le Figaro as “scathing,” the report calls the […]

World’s Largest Steel Producer and French Government Collide

Politics and economics collided this week in France when President Francois Hollande’s government threatened the world’s largest steel producer ArcelorMittal with nationalization after the company made a decision to close down one of its bases, an act which would place 600 people out of their jobs. ArcelorMittal has given a type of ultimatum to the […]