Latest News

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

© Reuters. FILE PHOTO: The leader of Germany’s Free Democrats (FDP) Christian Lindner gives a speech as he campaigns in Hamburg, Germany September 8, 2017. REUTERS/Morris Mac Matzen

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.

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

Disclaimer:Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Spain’s Santander launches buy now, pay later platform across its markets

Previous article

BNP Paribas brings forward BoE rate hike call to Feb

Next article

You may also like


Leave a reply

Your email address will not be published.

More in Latest News