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Tag: €60

German bailout of struggling energy giant may reach €60 billion – Bloomberg

Uniper is facing financial ruin after the reduction in Russian natural gas supplies Berlin is getting ready to boost financial aid to Uniper, the country’s largest gas supplier, which has been brought to the brink of insolvency due to rising energy prices, Bloomberg reported citing sources familiar with the matter. According to the report, the government may up the aid to €60 billion ($60 billion)….

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