• poVoq@slrpnk.netOPM
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      3 months ago

      Some conflicting reporting on that, but a few sources claim 80% equity stake.

      But given how the German government has often sold those at a steep loss later on it doesn’t make much difference IMHO.

    • JubilantJaguar@lemmy.world
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      3 months ago

      Public broadcaster ARD suggested that Berlin and the state of Lower Saxony, the heartland of the SPD where the shipyard is located, will buy up to €500 million worth of company shares each while providing guarantees for €1.8 billion in loans.

      So, 1/3 equity and 2/3 sort-of-maybe welfare. IMO a solid industrial policy is both necessary for Europe and inevitable at this point.