The G7 finance ministers have agreed to proceed supporting Ukraine in its battle in opposition to Russia,

EconomyPolitics The G7 finance ministers have agreed to proceed supporting Ukraine in its battle in opposition to Russia, Friday, Might 23, 2025

said German Finance Minister Lars Klingbeil on the sidelines of the G7 assembly in Canada. It was beforehand reported that the US opposes together with “additional help” for Ukraine within the G7 assertion.

“It has turn out to be clear that within the G7 format, help will stay unchanged, and that Ukraine can depend on sturdy solidarity and substantial help from the G7 international locations,” mentioned Klingbeil.

Moreover, help for Ukraine was mentioned on the sidelines of the G7 assembly in Canada, the place Ukrainian Finance Minister Serhiy Marchenko met with Lars Klingbeil and Canadian Finance Minister François-Philippe Champagne. Ukraine’s Ministry of Finance famous that Canada and Germany have been among the many leaders in offering complete help for Ukraine because the battle started. The quantity of direct finances help from Germany reaches $1.7B, whereas Canada totals $7.1B. In line with the Kiel Institute, German has equipped the second most help on the earth, amounting to €17.3B throughout the battle, with Canadian help rating fifth globally at €10.3B. The finance ministers of Canada and Germany have given their assurances that they’ll proceed to supply help to Ukraine.