Danish Minister ready to solve Dong debt problem

The government wants to give Dong more money in spite of another massive deficit.

Dong has a debt of USD 588 million, and the annual report for 2012 showed a deficit USD 702.1 million, approximately USD 175.5 million worse than last year. The energy company is in dire need of around USD 1-1.4 billion. But Dong can rest easy.

The Danish government is ready to find a solution that will expand the ownership with "a minimum of USD 1 to 1.4 billion," says Minister of Finance Bjarne Corydon (Social Democrats).

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