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Lakshmi Mittal calls on European politicians to resume the program of supporting the European manufacturer

Лакшми Миттал призывает европейских политиков возобновить программу поддержки Европейского производителя
Buy European! Such an appeal for consumers and political figures of the EU was announced the other day by the head of the world's largest steel company Arcelormittal Lakshmi Mittal.

According to the FINANCIAL Times, Mr. Miltal considers it necessary to resume the “buy European” industrial program as soon as possible as part of the program to stimulate the eurozone economy, since the measures to build savings, as he noted, “do not work”.

“We need measures to stimulate the purchasing capacity of European -made goods in order to increase demand, which will positively affect the state of European industry, not import,” the head of Arcelormittal emphasized.

Lakshmi Mittal recalled that in the American market, the efforts of US President Barack Obama, the slogan “Buy American” was introduced. “In the USA, the“ buy American ”principle works, and I think that in Europe they should do something similar,” he said. ArcelorMittal already had to close six metallurgical cells in Europe, namely in France, Belgium and Spain.

If the leadership of the euro of the Union does not undertake anything, then it will be very difficult to resume economic growth and save jobs in the future. The measures of strict savings, introduced by the majority of the governments of the euro of the Union, do not work, ”said Lakshmi Mittal.

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