For everybody who thinks about commenting, know this: Gazprom Germania has been effectively (although not technically) nationalized. So read the headline as “Germany gives loan to german national industry”.
Gazprom Germania has been nationalised by the German government. This in effect meant they lost access to the Gazprom funds that sustained it. It is now a 3rd party German company (soon to be rebranded as Securing Energy for Europe GmbH) and needs a loan of €10 billion to stay afloat. The money will mostly be used to pay Gapzrom Russia for the supply of gas through Nord Stream 1 and the Brotherhood pipeline via Ukraine. It also purchases some gas from Austria via the Baumgarten Gas hub which is also supplied by Russia.
ok basically germany is saving its property now, but even so why the hell so much money? 10 billion is, as it were, a lot of countries with less GDP per year.
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[Can’t wait for the comments from people who didn’t read the article](https://i.gifer.com/5gp.gif)
For everybody who thinks about commenting, know this: Gazprom Germania has been effectively (although not technically) nationalized. So read the headline as “Germany gives loan to german national industry”.
Gazprom Germania has been nationalised by the German government. This in effect meant they lost access to the Gazprom funds that sustained it. It is now a 3rd party German company (soon to be rebranded as Securing Energy for Europe GmbH) and needs a loan of €10 billion to stay afloat. The money will mostly be used to pay Gapzrom Russia for the supply of gas through Nord Stream 1 and the Brotherhood pipeline via Ukraine. It also purchases some gas from Austria via the Baumgarten Gas hub which is also supplied by Russia.
ok basically germany is saving its property now, but even so why the hell so much money? 10 billion is, as it were, a lot of countries with less GDP per year.