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Fin Min Lindner To Deliver Eurogroup Doorstep Comments @1545CET

GERMANY

German Finance Minister Christian Lindner is set to deliver doorstep comments ahead of today's Eurogroup meeting of eurozone finance ministers at 1545CET (1045ET, 1445GMT).

  • Linder in focus today following confirmation from the minister that he would be submitting a supplementary budget to the main 2022 budget being presented on Wednesday to deal with the economic fallout from the war in Ukraine. On Monday Lindner stated that as well as the main budget coming on Wedensday, "We will also submit a supplementary budget to the Bundestag in the next few weeks...The state must not leave citizens and the economy alone to face higher prices,"
  • Ahead of the meeting, Eurogroup president, Irish Finance Minister Paschal Donohoe stated, "Today’s Eurogroup will take place in the context of a changing & more dangerous world. We will assess the impact of the war in Ukraine on our economies & agree a common budgetary stance for this & next year. I will also present an approach for moving forward on Banking Union."

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