NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

German Finance Minister expects G20 to address international financial stability

Published 02/16/2022, 07:23 AM
Updated 02/16/2022, 07:26 AM
© Reuters. FILE PHOTO - German Finance Minister Christian Lindner answers questions during a plenary session of the lower house of parliament, the Bundestag in Berlin,Germany February 16, 2022. REUTERS/Michele Tantussi

BERLIN (Reuters) - Finance chiefs from the Group of 20 major economies will address international financial stability at their meeting this week and reference to the issue can be expected in the final communique, German Finance Minister Christian Lindner said on Wednesday.

Indonesia is to host the meeting of G20 finance ministers and central bank governors on Thursday and Friday. Many participants, including Lindner, will only take part virtually due to the latest coronavirus wave.

"The issue of international financial stability will of course play a major role at the G20 meeting," Lindner told reporters in Berlin. "Inflation and the reactions to it are particularly challenging for many low-income countries."

© Reuters. FILE PHOTO - German Finance Minister Christian Lindner answers questions during a plenary session of the lower house of parliament, the Bundestag in Berlin,Germany February 16, 2022. REUTERS/Michele Tantussi

"The topic 'global macro' is also one of the priorities of the German G7 presidency," he added. "It is therefore expected that this will also be reflected in Friday's final communique."

Germany took over the rotating G7 presidency at the beginning of this year.

Latest comments

Risk Disclosure: 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.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.