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Ascometal Liquidation: €213 Million of Public Money Wasted
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One month after the closure of the site of Novasco, successor of Ascometal, in Hagondange (Moselle), the communist mayor of Talange Patrick Abate filed a complaint against the French state for negligence in its use of public money. In 2024, the state still allocated 85 million euros of state aid to Greybull Capital, the last owner of the steel company. Since 2014, in total 213 million euros of public money, 210 million of which came from the sta…
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