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France to Nationalize STX Shipyard if Italy Snubs Ownership Deal

PARIS, July 26 (Reuters) – The French state said on Wednesday it would nationalise the STX France shipyard if Italy does not accept its offer to split STX’s capital equally, putting down a marker on the limits of economic liberalism under new President Emmanuel Macron. The threat raises the stakes in a standoff over the […]

The post France to Nationalize Stx Shipyard if Italy Snubs Ownership Deal appeared first on gCaptain.



This post first appeared on GCaptain - Maritime News, please read the originial post: here

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France to Nationalize STX Shipyard if Italy Snubs Ownership Deal

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