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The Guardian - UK
The Guardian - UK
World
Kate Connolly in Berlin

Olaf Scholz announces bailout for Germany’s largest Russian gas importer

Olaf Scholz interrupted his holiday for the news conference.
Olaf Scholz interrupted his holiday for the news conference. Photograph: Clemens Bilan/EPA

Germany has forged a plan to save its largest importer of Russian gas from bankruptcy amid huge energy price increases, the government has confirmed.

The chancellor, Olaf Scholz, said the government would take a 30% stake in the energy firm Uniper and also vowed more help would be offered to ordinary people who were struggling to cover soaring energy bills, adopting a crisis slogan addressed to the public: “You’ll never walk alone.”

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