Energy crisis, the bail-out of large companies from France to Germany

Energy crisis the bail out of large companies from France to

(Finance) – Faced with a drastically changed and dramatic situation in the energy field, EU governments take the field to implement measures aimed at saving energy companies in difficulty.

The French state has announced its intention to renationalise 100% of the group Edf. She made it known there first minister, Elisabeth Borne: “I confirm the State’s intention to hold 100% of Edf’s capital. This it will allow the company to strengthen its ability to implement ambitious projects as soon as possible and essential for our energy future, “said Borne speaking to the National Assembly.

The state currently holds 84% ​​of Edf. Borne’s statements made EDF shares fly, which listed on the Paris Stock Exchange recorded a sudden surge, rising by more than 5.5%, when before the first minister’s speech they lost 5%.

In recent days, the German utility Uniper withdrew its guidance for the financial year 2022 due to the restrictions on gas supply by Gazprom and announced that it was in discussion with the government on possible support measures.

(Photo: Pixavril | Dreamstime.com)

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