German government to support energy companies

German government to support energy companies
Photo by Angelo Abear / Unsplash

The German government has announced a package of support measures for German companies

Support measures: a program amounting to 100 billion euros, providing loans KfW Bank to energy companies that have faced problems in financing margin requirements.

In addition, KfW will allocate 7 billion euros to provide short-term loans to companies facing the negative consequences of the Ukrainian conflict.

In addition, as part of the package of measures, additional government loan guarantees will be provided to companies experiencing liquidity problems.

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