Scholz Indicates German Government Ready to Support Uniper

Olaf ScholzPhotographer: Valeria Mongelli/Bloomberg
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Chancellor Olaf Scholz said the German government is ready to help companies in need, providing a positive backdrop to talks to bail out embattled energy giant Uniper SE.

“I can assure you that Germany has a practice of doing all that is necessary to help companies which are in trouble because of external shocks,” Scholz said on Thursday, citing programs implemented during the coronavirus pandemic.