Euro Crisis

French Minister Urges Giant Steel Maker To Quit the Country

Why wait for economic ruin when you can bring it about yourself?

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France's industry minister has accused the world's largest steel-maker, ArcelorMittal, of "lying" and urged it to leave the country.

In an extraordinary attack, Arnaud Montebourg also threatened the company with temporary nationalisation.

"We no longer want Mittal in France because they don't respect France," Montebourg said in an interview with the financial newspaper Les Echos.