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Germany draws up law to take stakes in struggling gas importers

Guy Chazan

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Berlin | The German government has drafted a law that allows it to take stakes in companies crippled by the soaring cost of imported gas as tensions with Russia threaten to plunge the country’s power sector into crisis.

The law, which could be passed by parliament as early as this week, would clear a path for the government to bail out Uniper, Germany’s largest importer of Russian gas.

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Financial Times

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    Original URL: https://www.afr.com/world/europe/germany-draws-up-law-to-take-stakes-in-struggling-gas-importers-20220705-p5az8s