Assembly of new gasoline and electric Moskvich vehicles has begun at a plant in Moscow Russia relaunched production of an updated version of the iconic Soviet-era car brand Moskvich at a former Renault plant in Moscow on Wednesday.

The government is rushing to rescue Uniper to avoid a domino effect across the country’s energy sector Berlin will have to come up with an extra €25 billion ($25.8 billion) to bail out the country’s largest gas importer Uniper, Reuters reported on Wednesday.

European industry may lose to American firms that receive state aid, the news outlet reports The EU is developing a major subsidy push to prevent European companies from being wiped out by US rivals that are receiving government aid, Politico reported on Tuesday, citing sources.