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Austria prepares to pump billions into Vienna power firm hit by price jump

Published on: Monday 29 August 2022

Austria prepares to pump billions into Vienna power firm hit by price jump Austria said on Monday it is preparing to pump billions of euros into the electricity company that supplies much of Vienna after a price surge on power markets left it unable to afford the guarantees needed to cover market transactions.


News source: https://www.reuters.com/business/energy/austria-prepares-pump-billions-into-vienna-power-firm-hit-by-price-jump-2022-08-29/

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