Nationalized German Energy Firms Paid Big Bonuses To Their Traders ...Middle East

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Uniper and Sefe, two energy firms Germany nationalized last year, paid some of their traders big bonuses for 2022, sources with knowledge of the matter told Reuters on Monday. Traders at the companies have received millions of U.S. dollars in bonuses for last year, even as the German government had to intervene and rescue Uniper and Sefe with multi-billion-dollar bailouts.   As part of the nationalization, the companies have agreed to cap salaries for the management boards, but the bonus limits did not apply to the entire staff, Reuters’…

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