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German government agrees on bailout for energy supplier

Summary by Ground News
The German government is looking at taking up to a 30% stake in utility firm Uniper. Uniper is Germany's largest importer of Russian gas. The company is burning money as it is forced to buy supplies from alternative sources. The EU warns Russia could cut off gas to Europe completely this winter.
2 months ago·Berlin, Germany

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CTV NewsCTV News

German government agrees on bailout for energy supplier

The German government will take a roughly 30 per cent stake in energy supplier Uniper as part of a rescue package prompted by surging prices for natural gas and reduced Russian deliveries, the company and Chancellor Olaf Scholz said Friday.

2 months ago·Toronto, Canada
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abc Newsabc News

German government agrees on bailout for energy supplier

The German government will take a roughly 30% stake in energy supplier Uniper as part of a rescue package prompted by surging prices for natural gas and reduced Russian deliveries.

2 months ago·United States
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Associated Press NewsAssociated Press News

German government agrees on bailout for energy supplier

BERLIN (AP) — The German government will take a roughly 30% stake in energy supplier Uniper as part of a rescue package prompted by surging prices for natural gas and reduced Russian deliveries , the company and Chancellor Olaf Scholz said Friday.

2 months ago·United States
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Independent.ieIndependent.ie

Germany bails out Uniper in fallout from Russian gas squeeze

Germany hammered out a rescue package for Uniper SE to prevent the collapse of a linchpin in the country's energy network in the wake of Russia's moves to slash gas supplies.

2 months ago·Ireland
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CNBCCNBC

Germany Agrees to Bail Out Energy Giant Uniper as Russia Squeezes Gas Supplies

Germany agrees to bail out Uniper with a 15-billion-euro rescue deal, as it becomes the first major casualty of Russia’s natural gas squeeze.

2 months ago·United States
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Russia Today [🇷🇺-affiliated]Russia Today [🇷🇺-affiliated]

German energy giant bailout plan revealed

Germany could spend up to €10 billion to bail out energy giant Uniper, Bloomberg reported Tuesday

2 months ago·Russian Federation
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