Germany’s Lindner: War in Ukraine has risks for global recovery

Dhwani Mehta FXStreet

Germany Finance Minister Christian Lindner said Thursday that the “war in Ukraine has risks for global recovery,” adding that the “G7 will look at how to avoid stagflation. “

Additional comments

“War in Ukraine will play a central role at G7 meeting; want to secure Ukrainian state's ability to act.”

“Putin will not achieve his war aims in Ukraine.”

“Ukraine needs double-digit billion euros in funding for coming months; confident G7 can agree aid.”

Market reaction

With Euro Stoxx futures down 0.70% ahead of the European open, EUR/USD is losing the early ground, now trading at 1.0480, adding 0.14% on the day.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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