Global Trade Alert
Global Trade Alert

Germany: Government increases loan to SEFE GmbH (formerly Gazprom Germania) to EUR 13.8 billion

Announcement

14 Nov 2022

In November 2022, the German Government announced that it would increase the credit line to SEFE Securing Energy for Europe GmbH (formerly Gazprom Germania GmbH) to EUR 13.8 billion in order to save the company from insolvency.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

14 Nov 2022

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 14 November 2022, the German Government announced that it would increase the loan granted to SEFE Securing Energy for Europe GmbH (formerly Gazprom Germania GmbH) to EUR 13.8 billion (USD 14.2 bill...

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