Wednesday, 22nd March 2023
<To guardian.ng
Search

Germany finalizes bailout of ailing energy giant Uniper

Chancellor Olaf Scholz said the government will take a 30% stake in energy firm Uniper. The wholesale gas importer faces huge losses due to soaring energy prices and a threat by Russia to cut gas supplies.

Related

11 Dec
Namibia wants to become one of the world's leading producers of green hydrogen. Germany is interested in the project, but not everyone is cheering in Namibia.
11 Dec
At the age of 15, Leonora Messing secretly left her home in Saxony-Anhalt. She’d planned her journey down to the last detail, traveling via Turkey to Syria.
11 Dec
On her first visit to India, German Foreign Minister Annalena Baerbock will address the climate crisis and sign a mobility agreement.
12 Dec
A militant group of Germany's far-right extremist Reichsbürger movement apparently planned to overthrow the government. Could such a coup succeed?
17 Dec
Recent discussions in Europe about a gas price cap are said to have been tough, heated and even ugly. The European Commission has put a proposal on the table, but EU member states are finding it difficult to reach a compromise among themselves – despite giving their political support to a gas price cap in late October.
17 Dec
Interior Minister Nancy Faeser said the German government needed to "exert maximum pressure" to remove weapons from far-right extremists of the Reichsbürger movement.
17 Dec
Germany's government has agreed to relax its immigration laws with the aim of attracting skilled workers to its jobs market. The cabinet wants a Canadian-style points system to bring in workers who speak German or have relevant skills.
18 Dec
After a raid on members of a plot to violently overthrow the German state, questions are being asked about the links between the "Reichsbürger" movement the plotters belonged to, and the far-right populist AfD.
19 Dec
The German government has been given the go-ahead by the European Commission to nationalize ailing gas importer Uniper, as well as Sefe (formerly Gazprom Germania).
19 Dec
Media organizations and the German Foreign Office have demanded an explanation over the bans while the EU has threatened sanctions. Elon Musk said the suspensions were due to the tracking of private jets.
24 Dec
German investigators have closed three Internet forums on the "darknet" with depictions of the sexual abuse of children. Four suspects were arrested.
20 Dec
People in Iran are taking to the streets, fighting back against religious clothing restrictions for women and challenging the country’s autocrat rulers. The protests cast a long shadow around the world, reaching people who have left Iran in the past and now live in exile. Two Iranian Taekwondo athletes living in Berlin are fully consumed by the demonstrations back home.