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UKRAINE

Zelensky to address Frankfurt book fair as Ukraine stars

Ukraine's President Volodymyr Zelensky will address this week's Frankfurt book fair, with organisers offering emphatic support to the country's literary scene in the wake of Russia's invasion.

Volodymyr Zelensky, President of Ukraine, speaks via livestream during a demonstration by the Europa Union Frankfurt against the war in Ukraine earlier in 2022.
Volodymyr Zelensky, President of Ukraine, speaks via livestream during a demonstration by the Europa Union Frankfurt against the war in Ukraine earlier in 2022. Photo: picture alliance/dpa | Sebastian Gollnow

Ukrainian authors led by “punk poet” Sergiy Zhadan will feature prominently at the world’s biggest publishing event.

Zelensky will make his speech Thursday via video link at the five-day annual fair, which attracts tens of thousands of visitors from around the world and hundreds of exhibitors.

His wife, Olena Zelenska, is also due to speak at a side event.

Russian state institutions usually in charge of running their nation’s stand have been banned with prominent opponents of President Vladimir Putin instead given the stage.

The fair “has maintained close ties to the Ukrainian book industry for many years”, said the event’s director, Juergen Boos.

“We therefore want to offer direct support to our Ukrainian colleagues now as they withstand the Russian attack.”

The 2022 edition marks a return to near normal after what Boos called “two difficult years” because of the coronavirus pandemic. The 2020 fair was almost fully digital, while last year’s was muted with many authors joining only via video link.

This year’s event has no restrictions, although the number of countries represented – over 80 – is still below the level at the last pre-pandemic fair in 2019.

READ ALSO: Frankfurt to host thousands of people as book fair returns

No ‘normality’

One of the most high-profile Ukrainian attendees will be Zhadan, a writer, translator and musician, and a key figure in the country’s literary scene.

The author, who has put his writing career on pause as he focuses on humanitarian aid and supporting the Ukrainian army, will read his poems at the fair and be interviewed.

While several other prominent events have been planned around Ukrainian writers and publishers, the fair will also offer a platform to Russian
dissidents and opponents of Putin.

Leonid Volkov, a leading ally of jailed Kremlin critic Alexei Navalny, and Irina Scherbakova, an activist from prominent rights group Memorial, will discuss the state of Russia’s opposition.

Popular Russian science fiction writer Dmitry Glukhovsky – recently labelled a “foreign agent” by Moscow and put on a wanted list after denouncing
the war in Ukraine – will also be appearing.

Lighter subjects are also on the agenda, however, with an in-depth look at #BookTok, a growing community on social media network TikTok where users make
short videos reviewing and discussing books.

Other big names at the show include 2021 Nobel literature prize winner Abdulrazak Gurnah from Tanzania and British-Pakistani writer Mohsin Hamid, German-born actress Diane Kruger and American crime fiction author Donna Leon.

Spain is this year’s official guest of honour, and the fair will be opened Tuesday in the presence of Spain’s King Felipe VI and his wife Queen Letizia, as well as German President Frank-Walter Steinmeier.

The huge gathering dates back to the Middle Ages, with the first fairs taking place shortly after the Gutenberg printing press was invented in nearby Mainz in 1436.

Solidarity with Iran

Meanwhile, on Monday Swiss author Kim de l’Horizon shaved their head on stage after winning the prestigious German Book Prize on Monday, in a show of solidarity with the women protesting in Iran.

“This award is not just for me,” the author, who identifies as non-binary, told the audience at the award ceremony in Frankfurt.

“I think the jury chose this text also to send a signal against hatred, for love and for the fight of all those people who are being suppressed because of their bodies,” they said.

After being announced as the winner for their debut novel “Blutbuch” (Blood book), the moustachioed author took to the stage and sang a song, before using an electric razor to shave off their hair on the podium.

The German Book Prize honours the best German-language novel of the year and comes with a €25,000 prize.

The award ceremony traditionally precedes the start of the Frankfurt book fair, which runs until Sunday.

Iran has been rocked by a wave of protests since 22-year-old Mahsa Amini’s death last month, days after she was arrested by the morality police in Tehran for allegedly violating Iran’s strict dress code for women.

By Sam Reeves

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ENERGY

Uniper rescue to cost Germany an extra €25 billion euros

Troubled gas giant Uniper on Wednesday said the German government would need to spend an additional €25 billion under a planned nationalisation to stave off the firm's collapse in the wake of Russia's war in Ukraine.

Uniper rescue to cost Germany an extra €25 billion euros

The German government agreed in September to nationalise the debt-laden company after Moscow’s closure of a key gas pipeline and sky-high energy prices left Uniper facing bankruptcy.

But the initial €8 billion cash injection from the government “will not be sufficient to stabilise Uniper”, the company said in a statement.

Another capital increase to the tune of €25 billion will be needed to help cover “the enormous additional costs of the Russian gas cuts that continue to be primarily borne by Uniper”, CEO Klaus-Dieter Maubach said.

The revised figure comes after Berlin scrapped a controversial plan to make German consumers pay a gas levy to help importers cope with rising prices, which would have covered some of Uniper’s costs.

READ ALSO: Germany reaches deal to nationalise troubled gas giant Uniper

The government will finance the rescue out of a €200 billion “special fund” designed to cushion the impact of the energy crisis on households and businesses.

Uniper said it would ask shareholders to formally approve the rescue deal on December 19th.

As Germany’s biggest gas importer, Uniper has been hit especially hard by the fallout from the Ukraine war, which forced it to buy gas at significantly higher prices on the open market.

It has reported a €40 billion net loss for the first nine months of the year, one of the biggest losses in German corporate history.

Germany’s government stepped in to save the company on fears that its collapse could endanger gas supplies and wreak havoc on Europe’s biggest economy.

Germany, which was heavily reliant on Russian gas imports before the war, has raced to find alternative suppliers and fill reserves before the colder winter weather arrives.

The country announced last week that its gas storage facilities were 100 percent full.

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