Skip to content
Markets
Economics

Germany Says No Need to Suspend 2023 EU Deficit Rules on Ukraine War

Christian Lindner during a news conference at the G-7 meeting of finance ministers and central bank governors in Bonn, Germany, on May 20.
Christian Lindner during a news conference at the G-7 meeting of finance ministers and central bank governors in Bonn, Germany, on May 20.Photographer: Alex Kraus/Bloomberg

German Finance Minister Christian Lindner sees no need to suspend euro-zone deficit rules in 2023, saying that despite Russia’s invasion of Ukraine, the economic fallout isn’t a reason for a further exemption.

“Germany will seek a data-based decision”, Lindner told reporters after a meting of Group of Seven finance chief near Bonn. So far, figures don’t support such a move, he said.