A family photo session at the G7 Finance Ministers and Central Bank Governors' meeting in Stresa, Italy, May 24, 2024. STRESA, Italy: Finance chiefs from the Group of Seven industrial democracies began a two-day meeting in Italy on Friday seeking to present a common front on the need to provide a loan to Ukraine and oppose China's"unfair" industrial policies.
"So let's compare the proposals. Let's see what is the most convenient, the most efficient, the most rapid proposal that could be put in place," Le Maire said. Commentary: The price of rebuilding Ukraine goes up each day - but shirking the bill will cost even moreGerman Finance Minister Christian Lindner said many questions remained open on the loan proposal and he did not expect the G7 to reach any concrete decision in Stresa.
Italian Economy Minister Giancarlo Giorgetti, chairing the Stresa gathering as Rome holds the G7 presidency this year, said it may only be a matter of time before the European Union followed the US lead on tariffs.