Germany preparing to help stricken Uniper through energy security law: sources
BERLIN (Reuters) -The German government wants to enshrine possible rescue measures for energy companies such as Uniper in its energy security law and may end up acquiring a stake in the company as a last resort, sources told Reuters on Monday.
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BERLIN (Reuters) - Germany’s government wants to include tools for a bailout of gas companies like Uniper in the energy security law, government sources told Reuters on Monday.
A possible bailout for Uniper could be modeled after the pandemic relief for Lufthansa, according to the sources. Uniper is one of Russian Gazprom’s biggest European customers and is suffering from dwindling supplies.
Amendments to Germany’s energy security law are currently being discussed among ministries, the energy ministry said without providing any details.
Reporting by Markus Wacket, writing by Kirsti Knolle, editing by Paul Carrel
