08 December, 2024
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German government agrees to a multibillion-euro bailout for gas importer

German Chancellor Olaf Scholz announced a multibillion-euro bailout to rescue the Germany’s gas importer Uniper, which has been hit hard by the reduction of gas supply as a result of the war in Ukraine. Under the deal, the German government will acquire a 30% stake in Uniper — the country’s largest importer of Russian gas …

The post German government agrees to a multibillion-euro bailout for gas importer appeared first on Egypt Independent.

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