Wednesday 24 April 2013

INQUIRER.net: French steel furnaces mothballed amid ‘broken promises’ by Hollande

INQUIRER.net
Philippine News for Filipinos
French steel furnaces mothballed amid 'broken promises' by Hollande
Apr 24th 2013, 23:19

METZ, France—As gas lines to blast furnaces at a small-town plant are gradually cut off on Wednesday, it marks not just the end of an era, but for many workers, a "broken promise" by French President Francois Hollande.   The ArcelorMittal-owned Florange plant, in the heart of the northeastern Lorraine region, has become a symbol for the dismantlement of France's industrial sector, from which 750,000 jobs have disappeared over the past decade.   Despite a feisty protectionist stance by France's minister for industrial renewal, and his own campaign pledges to preserve jobs at plants like Florange, Hollande finally buckled under the costs of reviving it, agreeing...

Keep on reading: French steel furnaces mothballed amid ‘broken promises’ by Hollande

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