European Commission Clears Germany’s Uniper Bailout
PARIS (Reuters) -The European Commission said on Tuesday it had approved Germany’s 34.5 billion euro ($36.60 billion) plan to recapitalise German natural gas trader Uniper, subject to future state divestment, management pay and acquisitions. The plan complies with EU state aid rules on the necessity, appropriateness and size of the intervention, the Commission said in…