Commissioner Dombrovskis attends the G7 Finance Ministers and Central Bank Governors Meeting in Paris
Valdis Dombrovskis, Commissioner for Economy and Productivity; Implementation and Simplification is in Paris today and tomorrow to participate in the G7 Finance Ministers and Central Bank Governors Meetings. Discussions among G7 partners and international organisations will focus on the global economic outlook, support to Ukraine, global imbalances, financial stability and economic security. The conflict in the Middle East and the work on ending the conflict and reopening the Strait of Hormuz are also part of the agenda.
On Ukraine, discussions are expected to focus on the country’s financing needs, continued international support and coordination among G7 partners. The participants are also expected to cover sanctions against Russia, and the Commissioner will update G7 partners on the preparations for the first disbursement under the Ukraine Support Loan, which is expected in June.
Commissioner Dombrovskis will also contribute to discussions on the global economy and global imbalances, from the perspective of the EU, including engagement with international partners on macroeconomic developments and energy-related challenges. In addition, he will take part in sessions on economic security, critical minerals, combating illicit financial flows as well as financial stability and the challenges linked to new technologies and extreme weather events.
