Confederation nationalizes Uniper – these are the consequences – economy

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Michael Bauchmüller, Caspar Busse and Thomas Fromm

It is the largest state rescue operation for a private company: Federal Minister of Economics Robert Habeck (Greens) has to nationalize the energy company Uniper, which is on the verge of bankruptcy, and provide billions of euros. “The problems have gotten significantly worse again,” the politician justified the move, saying the federal government simply had to act now. It has been bad so far: Uniper had made a loss of more than twelve billion euros in the first half of 2022 alone.

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