Scholz expressed concern about the G7 situation in the global economy

The leaders of the G7 countries at the summit noted rising inflation, disruption of supply chains and other current problems. German Chancellor discussed with US President Joe Biden measures to support the economy, as well as the situation in Ukraine

Olaf Scholz and Joe Biden

All the leaders of the G7 countries worries about the global crisis against the backdrop of rising inflation and economic slowdown, said German Chancellor Olaf Scholz after a session on the global economy at the G7 summit.

“All members of the [G7] are concerned about the crisis we are facing: slower growth in some countries, rising inflation, shortages of raw materials, disrupted supply chains— these are serious difficulties,— said the head of the German government (quoted by Reuters).

The agency, citing a White House spokesman, writes that Scholz discussed with US President Joe Biden the need to support economic development in countries around the world. In addition, the chancellor and the American leader expressed their readiness to continue military assistance to Kyiv and talked about ways to mitigate the damage to world food and energy security due to military actions in Ukraine.

According to the official , Scholz and Biden did not have a detailed discussion about the marginal prices for Russian oil, which the G7 countries discussed the day before wrote Reuters, Scholz and Biden did not conduct. and this is a “clear signal” Russian President Vladimir Putin. He attached a joint photo with US President Joe Biden to the entry, signing that he was glad to see him in Germany, where the summit was being held from June 26 to 28. At a meeting before the summit, the US President told the head of the German government that Putin's calculations for a split in " Big Seven» and NATO failed.

Authors Tags Persons

Olaf Scholz

politician, German Chancellor

June 14, 1958

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