Germany mulls plans to extend a massive lifeline to

Germany mulls plans to extend a massive lifeline to ailing power giant Siemens Energy | DW Business

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“DW News”

Will the German government come to the rescue of Siemens Energy? Negotiations for a €16 billion loan guarantee are underway after the company posted massive losses in its wind turbine unit. The company – a spin-off of former parent Siemens – has faced significant repair bills due to flaws…

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