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G7 G7 Statement on Russia’s War of Aggression against Ukraine and its Impact on the Global Economy
On 23 February 2023, the G7 finance ministers and central bank governors issued a joint statement.
Financial markets Germany bids to host the new Anti-Money Laundering Authority (AMLA)
Germany’s bid to host the EU’s new Anti-Money Laundering Authority (AMLA) is entering the critical stage. Germany wants to bring the headquarters to Frankfurt.
Public finances A resilient Germany is weathering the energy crunch: Guest article by Christian Lindner in the Financial Times
Government measures to encourage lower consumption are market-based and do not interfere with price signals
Ministry The Advisory Board to the Federal Ministry of Finance
The Advisory Board (Wissenschaftlicher Beirat) advises the Federal Ministry of Finance by regularly publishing expert opinions and reports on current issues.
G7 presidency G7 Finance Ministers’ Statement on support to Ukraine
On 22 December 2022, the G7 finance ministers held their last virtual meeting under Germany's presidency and issued a joint statement.
europe 2022 Franco-German Fiscal Policy Seminar
The next Franco-German Fiscal Policy Seminar (FPS) will take place in Berlin on 14-15 November 2022.
Europe Winning Paper of this year’s Franco-German Fiscal Policy Seminar
In October 2021, 137 countries and jurisdictions agreed to implement a major reform of the international corporate tax system, i.e., a global minimum tax of 15% on the profits of large multinational companies. The winning paper presents simulations of the revenue effects of the global minimum tax.
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.
G7 presidency Christian Lindner attended international meetings in Washington DC
German Finance Minister Christian Lindner attended numerous meetings in Washington from 12–14 October. In his talks with international partners, he discussed the most pressing fiscal policy issues of global significance. Key priorities included the global economic impact of Russia’s war of aggression against Ukraine, rising inflation, international debt, and efforts to fight the climate crisis.
G7 G7 countries adopt reports on cybersecurity
Cybersecurity in the financial sector remains of key importance for the G7 countries. The G7 Cyber Expert Group established in 2015 to address this issue, represented in Germany by the Federal Ministry of Finance, the Bundesbank and the Federal Financial Supervisory Authority, drew up two additional reports during Germany’s G7 presidency this year that set out fundamental elements for risk …