French minister says Mittal "not welcome" in France

[SpArK]

Soon Mittal tries to move business away soon it will face regulations.

it shows mittal will face limitation and it also exposes european duplicity.

Didn't india award $20 billion fighter contract to French? So what happened to indian leverage? Would india be willing to use its contract to play hard ball with French? Or French concluded that leverage boat has sailed?

Many interesting angles of economy, defense and geo politics.

I say F*** the French. After what the Frenchies did to the Ivory Coast, Libya, and their fanatic stances on Syria. France should be boycotted. I have no respect for French people and their attitude. I hope they put those 20000 people out of a job and people stop buying their crap luxury goods.

Let the french mire in their own ****.

France clinches ArcelorMittal deal, saves jobs - Money - DNA

France, ArcelorMittal reach deal on steel plant: PM Jean-Marc Ayrault - The Times of India

France announces ArcelorMittal steelworks deal - The Economic Times

 

[idune]

Looks like French threat to nationalize Mittal plant worked well in favor of French.

PARIS: The French government backed away on Friday from a threat to nationalise a steelworks, saying it secured promises from the owner, ArcelorMittal, to invest and avoid any forced layoffs at the site where the company has idled two blast furnaces.

Prime Minister Jean-Marc Ayrault said ArcelorMittal, under fire for mothballing the site 18 months ago, would invest 180 million euros ($234 million) and had promised there would be no forced layoffs among some 630 workers there.

France announces ArcelorMittal steelworks deal - The Economic Times