Koenigswinter: On May 19, group of Seven financial leaders is likely to agree on around $15 billion to help Ukraine pay its bills in the coming months. Surging inflation, climate change, supply chains, and the approaching food crisis are also on the program. “The war in Ukraine … also entails additional risks for the development of the world economy … inflation, but also the lack of recovery after the pandemic. Therefore, we will have to discuss what we can do together in our respective areas of responsibility to avoid stagflation scenarios,” German Finance Minister Christian Lindner said.
