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Scholz Signals Lufthansa-Like Bailout for Gas Giant Uniper

  • Russia’s move to slash deliveries has hobbled gas company
  • Chancellor wants to shield producers, consumers from misery
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WATCH: Scholz said his government is continuing talks on aid for gas giant Uniper. Vanessa Dezem reports.Source: Bloomberg
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German Chancellor Olaf Scholz said his government is continuing talks on aid for gas giant Uniper SE, and signaled that bailout tools developed during the pandemic to rescue big companies like Lufthansa are on the table again.

“During the last crisis, we developed very precise instruments -- and I drove this forward as finance minister -- in order to support companies that have come under pressure from circumstances for which they are not responsible,” Scholz said in an interview with public broadcaster ARD on Sunday.