Chancellor Scholz attends a gathering at the Meyer shipyard.
The dockyard is currently facing a significant predicament, attributed to soaring energy and raw material costs, among other factors. Moreover, most ship acquisition payments are settled upon delivery. Confidential discussions about government intervention have been ongoing for quite a while now. As per newspaper articles, both the federal government and the state of Lower Saxony are reportedly planning to rescue the enterprise with an estimated billion-euro investment. Presently, the dockyard has around 3,300 employees on its payroll.
Stephan Weil, the governor of Lower Saxony, has been actively involved in the confidential discussions regarding government intervention to rescue the dockyard. Stephan Weil, whose state is reportedly planning to contribute a significant portion of the estimated billion-euro investment, is hoping to secure the future of the dockyard and its 3,300 employees.
