Germany Pressures Siemens to Support Troubled Wind-Turbine Maker

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German Chancellor Olaf Scholz ratcheted up pressure on Siemens Energy AG’s biggest shareholder Siemens AG to help shore up the troubled wind-turbine maker’s finances as part of a joint package with the government and banks.

Scholz said Wednesday at a Siemens Energy event in Berlin that he’s confident a deal can be reached if the various parties agree to shoulder a sufficient part of the burden.

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