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EXCLUSIVE-Germany set to assume $230 billion in Uniper derivatives

An Economy Ministry spokesperson told Reuters that Uniper used derivatives to guard against risks in the price of or delivery of energy, or as a hedge against currency swings. Any losses from its overall exposure may be counterbalanced by gains from the financial instruments, which seek to buffer energy price swings with options to buy or sell gas, for example, for a set price in the future. ....

John Odonnell , Knut Slatten , Robert Habeck , Alexander Smith , Dmitry Zhdannikov , European Central Bank , European Parliament , Economy Ministry , Johno Donnell , The Economy Ministry , Alexander Smith , Osses Uniper , Moody 39 S , Knut Slatten ,

Exclusive-Germany Set To Assume $230 Billion In Uniper Derivatives

After setting aside almost half a trillion dollars to date tackling its energy crisis, Germany is also poised to take on the risks associated with 216 billion euros ($229 billion) of derivatives ....

John Odonnell , Knut Slatten , Robert Habeck , Alexander Smith , Dmitry Zhdannikov , European Central Bank , European Parliament , Economy Ministry , Johno Donnell ,