The global news service Bloomberg commends Olaf Scholz's achievements during his first four months as Finance Minister. Scholz is described as Germany’s most popular politician who provided stability during Chancellor Merkel’s coalition crisis. The article highlights the deputy chancellor’s "pro-European convictions and even-keeled presence", which have delivered key political breakthroughs in recent months.

The Foreign Affairs and Finance Ministers from Germany, France and the United Kingdom sent a joint letter to the United States.
They request to reduce the risks that US secondary sanctions could pose to EU and German businesses by exempting European companies and sectors.

G7 finance ministers and central bank governors met in the Canadian resort town of Whistler on 1–2 June 2018, with German Finance Minister Olaf Scholz and Bundesbank President Jens Weidmann representing Germany. The meeting’s main topic was the current trade dispute with the US. Various other issues relating to international cooperation in the area of finance were also discussed.

On 19–20 March 2018, the G20 finance ministers and central bank governors gathered in Buenos Aires for their first meeting under Argentina’s presidency. Germany’s new finance minister Olaf Scholz was also in attendance. Discussions addressed a wide range of key issues, focusing in particular on the shape of the global economy, financial market regulation, international tax policy and the fight against terrorist financing.

On the margins of this year's Annual Meetings of the IMF and World Bank Group in Washington, D.C. on 12/13 October 2017 the G7 finance ministers and central bank governors adopted the  report on the G7 Fundamental Elements for Effective Assessment for Cybersecurity in the Financial Sector.

The 12th meeting of ASEM Customs Directors-General took place in Berlin on 16/17 October 2017. The meeting brought together the Customs Directors-General from the European and Asian member states of ASEM along with representatives from the European Commission. The World Customs Organization also attended as an observer.

The G7 countries attach great importance to cyber security in the financial sector. Therefore, minimum standards for cyber security in the financial services sector should be designed to protect consumers, institutions, data and infrastructure.

At the meeting of G20 finance ministers and central bank governors in Chengdu, Germany put emphasis on international tax policy.

The G7 finance ministers and central bank governors released a statement on 24 June 2016 following the UK’s referendum on the EU: The G7 respect the intention expressed by the people of the United Kingdom, will continue to consult closely on market movements and financial stability, and remains united and will continue to maintain solidarity as G7.