German energy giant Uniper asks for bailout amid Ukraine war

German energy company Uniper asks for bailout

‘We will not allow a systemically important company to go bankrupt,’ says Economy Minister Habeck.

German energy giant Uniper begs bailout as it bleeds billions in gas crisis

German energy giant Uniper said Friday it was haemorrhaging tens of millions of euros a day since Russia limited gas supplies to Europe's largest economy, as it asked for government support.

German energy giant Uniper asks for bailout amid Ukraine war

German Chancellor Olaf Scholz pledged Friday 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.In a statement, Uniper said the “stabilization measures” it is seeking were “aimed at ceasing the current accumulation of substantial losses, covering Uniper’s liquidity needs and protecting Uniper’s investment-grade credit rating.”Scholz assured the co…

German energy giant Uniper asks for bailout amid Ukraine war

German Chancellor Olaf Scholz pledged Friday 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.In a statement, Uniper said the “stabilization measures” it is seeking were “aimed at ceasing the current accumulation of substantial losses, covering Uniper’s liquidity needs and protecting Uniper’s investment-grade credit rating.”Scholz assured the co…

Uniper asks Germany for bailout as gas crisis causes heavy losses

German energy giant Uniper said Friday it was haemorrhaging tens of millions of euros a day since Russia limited gas supplies to Europe's largest economy, as it asked for government support.

German energy giant Uniper asks for a bailout amid gas crunch

As Russia cuts down gas deliveries to Europe, Germany's energy supplier Uniper reported "significant financial burdens" and asked the German government to help stabilize it.