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Ukraine Germany provides €1bn in financial assistance to Ukraine
Only one month after the G7 pledged to provide Ukraine with extensive budgetary assistance, Germany is disbursing its contribution of €1bn. "Ukraine needs this financial support to maintain its ability to act", Christian Lindner said in his statement.
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g7-presidency G7 Finance Ministers and Central Bank Governors´ Petersberg Communiqué
The G7 finance ministers and central bank governors released a joint communiqué following their meeting on 20 May.
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Climate action Green federal securities
Climate action is a priority. To boost sustainability in financial markets too, the German government is issuing Green German Federal Securities. This will inject momentum into the sustainable bond market as a whole.
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Financial markets FATF Ministers commit to take decisive action against money laundering
Under German chairmanship the Ministers of the Financial Action Task Force (FATF) members committed to take swift and decisive action to improve the effectiveness of measures to fight money laundering, terrorist and proliferation financing at their meeting in Washington D.C. today. This includes promptly implementing the FATF’s global beneficial ownership rules, which were strengthened earlier …
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g7-presidency Isolate Russia economically, counteract the effects of its war of aggression against Ukraine
On 20 April 2022, the G7 finance ministers and central bank governors met for the second time under Germany’s G7 presidency. The meeting was held on the sidelines of the IMF spring meeting in Washington, D.C. During their talks, the G7 members focused on the state of the global economy in light of the war in Ukraine. Afterwards they published a joint statement.
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g7-presidency G7 reaffirms its decisive course of action
The first meeting of finance ministers and central bank governors under Germany’s G7 presidency took place in a virtual format on 1 March 2022.
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G20 Christian Lindner after the meeting of G20 finance ministers
Federal Finance Minister Christian Lindner comments on the global economy, the international financial architecture and support for developing and emerging economies. In Lindner’s words: the global economy is back on a path towards growth. We must now solidify the recovery and facilitate the transition back to normality. To do this, it is crucial to ensure global financial stability.
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g7-presidency G7 Finance Ministers‘ Statement on Ukraine
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taxation Global corporate tax reform is on the way
Under the auspices of the OECD, 137 countries (as of 28 December 2021) have reached an agreement on a fair allocation of taxing rights and a global minimum effective tax at a uniform tax rate of 15%. This is a genuine revolution in international tax law. The basic approach was approved by the finance ministers of the 20 leading advanced and emerging economies – the G20 – at their meeting in …
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Financial markets International debt strategy and debt restructuring
Many emerging and developing countries have bilateral debt with the German government. One of the German Finance Ministry’s responsibilities is to ensure that these countries service their debt as agreed. If countries run into financial difficulties, it is often necessary to explore whether and how the debt can be restructured or even cancelled.