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German government agrees on bailout for energy supplier

President and CEO Markus Rauramo of energy company Fortum poses in Helsinki, Finland, Friday, July 22, 2022. The German government will take a roughly 30% stake in energy supplier Uniper subsidiary to Fortnum as part of a rescue package prompted by surging prices for natural gas and reduced Russian deliveries. Uniper, which has been Germany’s biggest importer of Russian gas, asked for a bailout two weeks ago. (Anni 'gren./Lehtikuva via AP) A view of the logo of the energy company Fortum, a subsidiary of Uniper, at the company's headquarters in Espoo, Finland, Friday, July 22, 2022. The German government will take a roughly 30% stake in energy supplier Uniper as part of a rescue package prompted by surging prices for natural gas and reduced Russian deliveries. Uniper, which has been Germany’s biggest importer of Russian gas, asked for a bailout two weeks ago. (Roni Rekomaa/Lehtikuva via AP) German Chancellor Olaf Scholz speaks during a press conference in Berlin, Friday, July 22, 2022. The German government will take a roughly 30 percent stake in energy supplier Uniper as part of a rescue package following surging prices for natural gas and reduced Russian deliveries, the company and Chancellor Olaf Scholz said Friday.(Photo/Markus Schreiber) German Chancellor Olaf Scholz speaks during a press conference in Berlin, Friday, July 22, 2022. The German government will take a roughly 30 percent stake in energy supplier Uniper as part of a rescue package following surging prices for natural gas and reduced Russian deliveries, the company and Chancellor Olaf Scholz said Friday.(Photo/Markus Schreiber) German Chancellor Olaf Scholz speaks during a press conference in Berlin, Friday, July 22, 2022. The German government will take a roughly 30 percent stake in energy supplier Uniper as part of a rescue package following surging prices for natural gas and reduced Russian deliveries, the company and Chancellor Olaf Scholz said Friday.(Photo/Markus Schreiber) German Chancellor Olaf Scholz speaks during a press conference in Berlin, Friday, July 22, 2022. The German government will take a roughly 30 percent stake in energy supplier Uniper as part of a rescue package following surging prices for natural gas and reduced Russian deliveries, the company and Chancellor Olaf Scholz said Friday.(Photo/Markus Schreiber) File-File photo shows "Welcome to Uniper" which is written at the entrance to the corporate headquarters of energy supplier Uniper in Duessledorf, Germany, July 8, 2022. The struggling gas importer has applied to the German government for stabilization measures after Russian gas supplies were cut. (Roberto Pfeil/dpa via AP,file)