The crisis-hit French government collapsed today after the telegenic and tousled Montebourg launched an assault on France's ally Germany, saying it was "trapped in an austerity policy it imposed across Europe."
The 51-year-old then said he wanted a "major shift" in France's economic policy, in comments seen as an unacceptable challenge to President Francois Hollande and Prime Minister Manuel Valls.
Montebourg has for many years been a target of the centre-right, which sees him as the caricature of the anti-capitalist, anti-business French politician.
But the latest spat is far from Montebourg's first brush with controversy -- indeed only the latest in a series of loose-cannon remarks aimed at France's neighbours and the EU.
Top centre-right politician Francois Fillon said he"speaks with such arrogance, giving lessons to the entire world."
In 2011, before he was a minister, Montebourg called for "political confrontation" with Germany, which was pushing what he called Merkel's "Bismarck-style" austerity policies in Europe in the middle of the euro crisis.
He attacked European Commission President Jose Manuel Barroso, saying he was "the fuel of the National Front," referring to the far-right party that is rising up the polls in France.
"I think the main cause of the rise of the National Front is related to the way in which the EU today exerts considerable pressure on democratically elected governments," he said, adding Barroso's Europe was "paralysed."
He also became embroiled in an unseemly spat with the head of US tyremaker Titan, who declined Montebourg's invitation to invest in a loss-making tyre plant in France by saying the French workforce there "gets paid high wages but only works three hours."
He also clashed with Indian-born steel tycoon Lakshmi Mittal, saying his firm ArcelorMittal, the world's top steelmaker, was blackmailing France and was "no longer welcome in France," causing outrage in business circles.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
