France to ArcelorMittal: if you don’t like losing money, get out of France – Quartz

By Simone Foxman

It’s clear that [Arnaud Montebourg, France’s Minister of Industrial Renewal] is confusing the culprit with the victim. The continued failure of European politicians to resolve the region’s debt and banking problems for good has finally caught up with companies across the euro area. Those firms that waited for a more competitive, more integrated, and more stable monetary union have been forced to cut their losses and change their strategies to survive, as politicians bicker at the bargaining table……

via France to ArcelorMittal: if you don’t like losing money, get out of France – Quartz.