Germany to host G7 finance meeting May 18-20, Finance Minister tells paper
Reuters
Published Jan 26, 2022 09:51
Updated Jan 26, 2022 10:05
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.
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.