Germany Hands $15 Billion Bailout to Uniper After Russian Gas Hit

Germany Hands $15 Billion Bailout to Uniper After Russian Gas Hit
The Uniper logo in front of the utility's firm headquarters in Duesseldorf, Germany, on July 8, 2022. Wolfgang Rattay/Reuters
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FRANKFURT/HELSINKI/BERLIN—The German government stepped in to rescue Uniper with a 15 billion euro ($15.28 billion) bailout on Friday after the gas importer became the biggest casualty of Europe’s energy standoff with Russia so far.