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Berlin moves to tackle fallout from surging energy prices in wake of Russia’s invasion of Ukraine
‘Shock absorber’ measures will offer some relief to companies struggling with higher costs
German utility forced to turn to state bank and major shareholder to avoid cash crunch
Apart from you know who, obviously.
Facility provided to travel operator by German state-owned development bank KfW
About 100,000 entrepreneurs due to retire in next 2 years yet to find successors
German bank’s accidental transfer was the result of an IT glitch
Doubts over government obligation to bail out stressed borrowers
Move gives fast-growing debt market another fillip
Berlin and Paris should place their stakes on the market.
International Edition