German Economy Minister Against Nationalization of Thyssenkrupp
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German Economy Minister Peter Altmaier has rejected speculation that the state is planning to acquire a stake in ailing steel producer Thyssenkrupp AG.
“We are prepared to make public funds available for the massive restructuring of the steel industry toward climate-neutral steel,” Altmaier said in an interview with the Frankfurter Allgemeine Sonntagszeitung. “And, of course, our aid programs are also open if liquidity is needed,” he said.