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G7 presidency Statement of the G7 Finance Ministers
On 2 September 2022 the G7 finance ministers issued a joint statement on the extension to the G7 of the services ban related to the export of Russian oil and petroleum products in combination with a price cap.
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ECOFIN Statement by the members of the ECOFIN Council on financial support to Ukraine
At the informal ECOFIN meeting in Prague, finance ministers issued a joint statement on financial support to Ukraine.
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Public finances Christian Lindner at the Bundestag’s special session on the war in Ukraine
At the Bundestag’s special session addressing Russia’s attack on Ukraine in violation of international law, Finance Minister Christian Lindner announced massive investments in Germany’s armed forces. A special fund worth €100 billion will be established for this purpose. In addition, the government plans to spend billions of euros to build up gas and coal reserves. It will also place an even …
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Financial markets Sanctions Enforcement Act II: making sure sanctions work
The German government’s draft Sanctions Enforcement Act II reorganises the way Germany enforces sanctions. The new legislation aims to ensure that sanctions are implemented even more effectively. It also introduces additional measures to fight money laundering and sends out a strong signal that Germany intends to combat financial crime consistently and resolutely.
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ukraine Russian Elites, Proxies, and Oligarchs Task Force – Ministerial Joint Statement
WASHINGTON – Following the launch meeting of the Russian Elites, Proxies, and Oligarchs (REPO) Task Force, the members from participating countries released the following joint statement
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G7 Press conference on the results of the meeting of G7 finance ministers
The G7 countries are determined to take resolute measures to stop rising inflation and boost economic growth, said Christian Lindner following the meeting of G7 finance ministers and central bank governors.
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ukraine Management of the task force for implementing EU sanctions appointed
The task force that has been set up by the Federal Government to implement the EU sanctions appointed its management yesterday evening at its second meeting.
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ukraine KfW press release: KfW supports municipalities with €250 million for housing refugees
More and more people fleeing the war in Ukraine are reaching Germany. This is why KfW is now supporting cities and municipalities in creating, modernising and equipping refugee facilities.
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Europe Joint press conference with Bruno Le Maire
At a joint press conference, German Finance Minister Christian Lindner and his French counterpart Bruno Le Maire discussed gas supplies from Russia, among other topics. Both ministers emphasised that contracts are contracts, and both strongly agreed that political blackmail must be rejected. Minister Lindner reiterated that the gas supply contracts were concluded in euros and will continue to be …