Germany Takes Over Uniper Finland is Not Happy

Germany is taking over its largest importer of natural gas Uniper as the energy giant stands at the brink of bankruptcy To save Uniper Germany is about to spend a large amount of money And it is upsetting Finland while at it In July Germany had agreed to a 15-billion-euro bailout package for Uniper in exchange for a 30 stake in the company However that bailout ended in ruin as the German energy industry continues to face an unprecedented crisis which threatens to obliterate it altogether So Berlin has now moved to take over the entire company and is willing to spend 8 billion euros more in that endeavour Keeping Uniper afloat therefore has already cost the German exchequer two capital injections worth over 23 billion

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