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GERMANY

Germany's Der Spiegel is reporting that Chancellor Olaf Scholz has turned down a late-notice invite for talks with US President Joe Biden on the escalating Ukraine crisis.

  • According to the report, both sides are hoping to organise a meeting in mid-February.
  • Comes as Scholz holds phone call with embattled UK PM Boris Johnson last night. Both said that Russia would pay a "considerable and serious price" for any incursion into Ukraine, mirroring rhetoric from other Western nations in recent days.
MNI London Bureau | +44 203-865-0981 | tom.lake@marketnews.com

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