All leaders of the Group of Seven rich democracies are concerned about a looming economic crisis as growth slows and inflation soars, German Chancellor Olaf Scholz said after a working session on the global economy at this year’s annual G7 summit.
“All members are concerned about the crisis we are confronting – falling growth rates in some countries, rising inflation, raw materials shortages, disrupted supply changes – these aren’t small challenges, so we must share responsibility. @G7 is a very good format for this,” Scholz said.
Alle G7-Staaten sind besorgt über die derzeitigen Krisen: sinkendes Wachstum, steigende Inflation, Rohstoffknappheit u. stockende Lieferketten. Das sind alles keine kleinen Herausforderungen, deshalb müssen wir gemeinsam Verantwortung tragen. Dafür ist @G7 ein sehr gutes Format. pic.twitter.com/mEynxGLizy
— Bundeskanzler Olaf Scholz (@Bundeskanzler) June 26, 2022
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