Europe’s biggest economy may nationalize energy firms – media ...News

Economy by : (Russia Today) -
Germany says the measure is needed due to an ‘extreme’ threat to energy security The German government has proposed legislative amendments that could see energy companies put under temporary management or nationalized, TASS news agency reported on Tuesday, citing the country’s media. Amendments to the Energy Security Act, proposed by the Ministry of Economic Affairs and Climate, would enable authorities to put energy companies under temporary management in case of an acute crisis, or, in extreme cases, to nationalize them, according to Funke Media Group, Germany’s third-largest newspapers and magazine publisher. A

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