Germany to nationalize struggling energy firm Uniper amid worsening financial crisis

After bailing out one of the country’s largest private utility companies, Germany is now considering nationalizing it. Uniper, which is being hit exceptionally hard by the ongoing European energy crisis, needs a lot of help if it is going to survive. The company has seen tremendous losses ever since the West imposed sanctions against Russia over its invasion of … Continue reading Germany to nationalize struggling energy firm Uniper amid worsening financial crisis