Germany prepared to double aid to ailing gas firm

More help might be on the way from the German government to financially strained Uniper, which is struggling to secure expensive gas from elsewhere than Russia.

Photo: Wolfgang Rattay/Reuters/Ritzau Scanpix

by marketwire, translated by jonas sahl hollænder

The German government is preparing to, in the worst-case scenario, double its aid to financially strained gas company Uniper to avoid a collapse in Germany’s energy system ahead of winter, reports Bloomberg News.

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