Connect with us


Germany to host G7 finance meeting May 18-20, Finance Minister tells paper

Germany to host G7 finance meeting May 18-20, Finance Minister tells paper 1

BERLIN (Reuters) – Germany will host the main finance meeting of its presidency of the Group of Seven economic powers from May 18-20, the Rheinische Post newspaper reported on Wednesday.

“This year, the challenges are particularly great. We are seeing inflation and increased debt,” Finance Minister Christian Lindner told the newspaper.

“The G7 countries have a special role as anchors of stability,” he added. “Nationally as well as internationally, we must pay attention to sustainable public finances.”

Finance ministers and central bankers from the G7 nations – the United States, Japan, Germany, France, Britain, Italy and Canada – would join the meeting in Koenigswinter, near Bonn.

The president of the European Central Bank and officials from the Organisation for Economic Cooperation and Development (OECD) were also expected, the paper said.

Lindner said fiscal stability was essential to foster for investment and innovation.

“This is the only way we can grow out of the crisis worldwide and master future tasks in climate protection and digitisation,” he added.

(Writing by Paul Carrel; Editing by Simon Cameron-Moore)

Editorial & Advertiser disclosure
Our website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
Global Banking and Finance Review Awards Nominations 2022
2022 Awards now open. Click Here to Nominate


Newsletters with Secrets & Analysis. Subscribe Now