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Siemens Energy gets state-backed 15-bn-euro rescue package
Siemens Energy gets state-backed 15-bn-euro rescue package
Economy
by  AFP

Siemens Energy will receive a 15-billion-euro ($16.3-billion), state-backed rescue package, Berlin said Tuesday, as the German group struggles to overcome a crisis in its wind power unit. They are part of a 15-billion-euro package agreed with other stakeholders, including private banks and the larger Siemens conglomerate, which is a major shareholder in Siemens Energy.

Netherlands shelves plan to cut Schiphol flights
Netherlands shelves plan to cut Schiphol flights
Economy
by  AFP

The Dutch government said Tuesday it was temporarily shelving plans to cut flights at Amsterdam's Schiphol Airport, one of Europe's busiest hubs, admitting it was a "bitter pill for the environment." "The government knows that suspending (the plans) is a bitter pill for the environment...