Published 2 years ago

German energy giant Uniper asks for bailout amid Ukraine war

Summary by Ground News

Uniper has been hit hard by the reduction in Russian gas flows. The company warned that losses could reach �10 billion this year. The call for a bailout had been expected after talks between the gas company and the government intensified in recent weeks. Local media reported that there are concerns about helping Uniper within the governing coalition.

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Reuters

Germany's Uniper seeks bailout as Moscow gas standoff chokes finances

Utility group Uniper asked the German government for a bailout on Friday and warned losses could reach 10 billion euros ($10.15 billion) this year, as Moscow's economic war with Europe claims its biggest corporate casualty yet.

2 years ago·United Kingdom

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Associated Press News

German energy supply company Uniper asks government for bailout amid gas supply crisis

BERLIN (AP) — German energy supply company Uniper asks government for bailout amid gas supply crisis.

2 years ago·United States

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abc News

German energy giant Uniper asks for bailout amid Ukraine war

German Chancellor Olaf Scholz has pledged to help troubled energy giant Uniper after it asked the government for a bailout to cope with surging prices for natural gas due to the war in Ukraine

2 years ago·United States

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The Washington Post

German energy giant Uniper asks for bailout amid Ukraine war

Germany’s energy supply giant Uniper is asking the government for a bailout amid a growing supply crisis over Russian natural gas

2 years ago

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KRDO

German energy giant Uniper asks for bailout amid Ukraine war

BERLIN (AP) — Germany’s energy supply giant Uniper is asking the government for a bailout amid a growing supply crisis over Russian natural gas. The company said in a statement Friday that its board has applied to the government for “stabilization measures.” The move, which is expected to see the government pump billions of euros (dollars) into Uniper to keep the company afloat, had been widely expected. Uniper said measures were “aimed at ceas…

2 years ago·Colorado Springs, United States

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