This blog yesterday drew attention to the ridiculous plight of the UMP party which at present is incapable of organising the election of its own Party President !!! God save France if UMP in five years time are elected to Govern France !!!
The plight of the Socialist Party, together with its Communist and Green bedmates, is not much better !!!
The big shock of this week has been the declaration of the Minister for Industrial Recovery, Arnaud Montbourg, that, to avoid more redundencies in the Steel Sector, he could envisage the "nationalisation of Acelor Mittal", a private holding company in Europe, but not only in France !
What has sent "Shock Waves" through not only France but the EU as a whole, is the thought that foreign investors could be dispossessed of their investments without legal recourse !
If the EU allow France to act unilaterally in the case of Acelor Mittal, is this a signal to foreign investors that the EU is not a Free Market ?
Foreign attention is now rivited on President François Hollande and the Socialists. What will they decide ?
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