Germany Poised to Agree on Bailout Terms for Uniper ‘Soon’
- Talks between German government and Uniper are ‘difficult’
- Turbine stuck in Canada will be shipped back to Russia
Uniper is heavily dependent on Russian gas.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Germany is ready to make a decision on a bailout for Uniper SE “soon” but ongoing talks with the company are “difficult.”
Uniper - which is heavily dependent on Russian gas - asked the German government for a bailout on Friday, the first major corporate casualty of Moscow’s squeeze on European energy flows. The government is prepared to help the company no matter what, said a spokeswoman for the government.