"German government talks with Siemens Energy about billions in aidThe German government is apparently talking to power engineering group Siemens Energy about government guarantees. "We are in talks," government circles said. There are considerable home-grown problems in the group, they said.Siemens EnergySiemens Energy 9.90Previously, the "Wirtschaftswoche" and the "Spiegel" reported that Siemens Energy had approached the German government with the question of several billion euros in state guarantees.Because of the crisis at its wind subsidiary Siemens Gamesa, the company feared difficulties in talks with banks about necessary guarantees for its entire large-scale project business. The Federal Ministry of Economics declined to comment."
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