German Chancellor Olaf Scholz is confident that talks on a package aimed at shoring up Siemens Energy’s balance sheet will be concluded soon. The German government has reached an agreement on electricity price support for industry and tax subsidies worth up to €28 billion by 2028. Siemens Energy has secured a provisional deal for guarantees with the German government and its main shareholder. Germany is also strengthening its military position in Europe amidst growing security challenges, including deploying a long-term Bundeswehr brigade in Lithuania. Additionally, Germany is on the cusp of announcing a deal to buy its largest power grid from state-owned Dutch operator TenneT for just over €22 billion. The UK government is preparing to offer significantly higher subsidies for new offshore wind farms to get the country’s clean-power strategy back on track. NATO Secretary General Jens Stoltenberg expects the Ukrainian Armed Forces to make progress in their fight against Russian forces and urges preparation for a long journey in the war in Ukraine.
The former head of NATO's military committee: Ukraine may soon ask not only for weapons, but also for soldiers ▪️A new escalation is underway, the conflict is rising to a higher level, and I have the impression that this is the final stage before Ukraine requests that, in… https://t.co/MBnM5BZQwG https://t.co/CMexxg6t95
Stoltenberg: Russia's victory is a danger for NATO, that's why we have to strengthen "Russia's victory in Ukraine will not only be a tragedy for Kiev, but also a danger for NATO. We must continue to support Kiev in order to strengthen it on the battlefield and at the negotiating… https://t.co/8eFs9hbkp6 https://t.co/IPLToNdFq0
Russia’s victory “in Ukraine will not only be a tragedy for Kiev, but also a danger for NATO,” said NATO Secretary General Jens Stoltenberg https://t.co/TnOua8syja
Federal Chancellor of Germany Olaf Scholz believes that the war in Ukraine can last for a very long time, but this is not a reason for pessimism, as the war has been going on longer than Putin imagined https://t.co/4yvYcKDN4s
A Russian victory “in Ukraine will not only be a tragedy for Kiev, but also a danger for NATO” - NATO Secretary General Jens Stoltenberg. “I believe that we must continue to support Ukraine to make it stronger on the battlefield and at the negotiating table. I believe that… https://t.co/w1C809SawK https://t.co/c47hefAdGt
Scholz urges preparation for a “very long” war of Russia against Ukraine https://t.co/rn2Pm30HhI https://t.co/fbw5HQHj3j
🪖 NATO Secretary General on war in Ukraine: We must prepare for a long journey https://t.co/4TdBsz0hX2
"Germany Pressures Siemens to Support Troubled Wind-Turbine Maker" https://t.co/H3wUDOvpmD https://t.co/13AxVRhjmx
💬NATO Secretary General #Stoltenberg said he expects the Ukrainian Armed Forces to make progress in their fight against the Russian forces, noting that it will be tough. "We must be prepared for the long haul. Wars are unpredictable by their very nature. What we do know is that… https://t.co/YcaY9n7qBz https://t.co/abhY7Buxaj
German chancellor Olaf Scholz admits uncertainty over defence spending https://t.co/dWxsGuI3Mh
Germany's Scholz talks up NATO spending pledge, FCAS fighter deal https://t.co/y7l7Ha5MQO https://t.co/ZaksADfR8F
German Gov't Agrees To Bailout Giant Loss-Making Wind Farm, UK Increases Subsidies https://t.co/84B5mGsUVG
The UK government is preparing to offer significantly higher subsidies for new offshore wind farms to get the country’s clean-power strategy back on track https://t.co/DbtLwBPIcO
Siemens Energy talks with the German government and its main shareholder on billions in loan guarantees are still ongoing with different sides negotiating on how the burden will be shared, according to sources https://t.co/HFBFlZoxXo
Germany is on the cusp of announcing a deal to buy its largest power grid from state-owned Dutch operator TenneT for just over €22 billion https://t.co/j1nZb4qmn5
Germany pledges to make its military 'the backbone of defence in Europe' https://t.co/038CbjL5Dy https://t.co/JbIKf9q3ea
Siemens Energy reaches a provisional agreement with the German government and its main shareholder to cover billions in project-related financial guarantees, Reuters reports https://t.co/WW2VEzQPeV
Exclusive: Siemens Energy secures provisional deal for guarantees - sources https://t.co/FcKHQ2OQkd https://t.co/D54re9VigV
Germany to deploy long-term Bundeswehr brigade in Lithuania amid security concerns https://t.co/HqyxfC6JCJ https://t.co/MN8B4zdTTI
Germany strengthens military position in Europe amidst growing security challenges https://t.co/tDF9NvqDSY https://t.co/2iaRuRnRuy
🔴 GERMANY AGREES TAX SUBSIDIES FOR INDUSTRY WORTH UP TO €28BN BY 2028 - FT. https://t.co/QxRjJLL4cX
*GERMANY AGREES TO PROVISIONAL SIEMENS ENERGY GUARANTEES: RTRS more energy bailouts
German Chancellor Olaf Scholz said that Berlin will deploy a Bundeswehr brigade in the territory of Lithuania on a long-term basis in response to the security situation. He told reporters in Berlin that it is necessary to strengthen security because of Russia's activities in… https://t.co/eRlfQpRci4
🔴 GERMAN GOVERNMENT REACHES AGREEMENT ON ELECTRICITY PRICE SUPPORT FOR INDUSTRY - HANDLESBLATT
German Chancellor Olaf Scholz says he’s confident talks on a package aimed at shoring up Siemens Energy’s balance sheet will be concluded “very soon” https://t.co/FY528zseYw