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RWE leaves shareholders in the lurch

March 11, 2016

The energy giant RWE is not paying any dividends this year due to financial difficulties. For the approximately 100 local authorities who are RWE shareholders, it's a catastrophe.

https://p.dw.com/p/1IBcm
Deutschland Hamburg RWE Niederlassung Logo
Image: picture-alliance/dpa/A. Warmuth

The City of Essen, for example, is already implementing austerity measures and was counting on the dividends.