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Melissa Eddy
Posts
Uniper, Germany Energy Provider, Runs Through Credit
One of Germany’s largest energy providers is hoping that Berlin will help keep it afloat as limited gas from Russia and high prices drive its…
Uniper, Germany Energy Provider, Runs Through Credit
One of Germany’s largest energy providers is hoping that Berlin will help keep it afloat as limited gas from Russia and high prices drive its…
Germany on Edge as Nord Stream 1 Pipeline Goes Offline for Repair
Supplies of natural gas via the Nord Stream 1 dropped to zero, as the pipeline began a 10-day maintenance period amid uncertainty over how long…
German Lawmakers Pave the Way To Rescue Critical Energy Providers and Gas Supplies.
Lawmakers passed a bill to allow bailouts of companies essential to energy security. Uniper, Germany’s largest Russian gas importer, may become the first company saved.
Germany Posts First Monthly Trade Deficit in 30 Years
High energy prices and disrupted supply chains dent the image of “Made in Germany,” as May imports exceeded exports for the first time in decades.
Eurozone inflation rises to 8.6 percent, the highest ever, driven by high energy prices.
Nearly half of the countries in the currency area have now reached double-digit inflation.
Germany’s Largest Importer of Russian Gas Is in Bailout Talks
Uniper, an important energy provider, said it was forced to spend more to buy gas after Gazprom cut deliveries, to just 40 percent of ordered…
Germany Raises Gas Emergency Level, Warning of a Crisis
Germany’s economy minister triggered the second stage of an emergency plan a week after Russia cut back on gas to Europe, sending prices soaring and…
Germany Appeals to Save Gas After Russia Tightens Flows
“The time to do this has arrived,” Germany’s economy minister said, accusing Vladimir Putin of trying to raise natural gas prices.
German Brewers Face ‘Unprecedented’ Beer Bottle Shortage
A nation of beer lovers is facing a shortage of bottles, partly because of the war in Ukraine. Breweries are looking to drinkers for a…