Germany: FM Schaeuble vows G7 support for Ukrainian economic reforms

The G7 will do “everything in [their] power to support Ukraine” as the conflict-torn country implements reforms, German Finance Minister Wolfgang Schaeuble announced in Dresden on Friday. Schaeuble vowed to support Ukraine, as the country is in the process of restructuring its debt, and once again called for the implementation of the Minsk agreement. The G7 finance ministers are holding a three-day summit in which they will discuss topics such as financial market regulation and the financing of terrorism. Schaeuble said that Greece was only discussed briefly during the meeting, adding that "positive news from Athens” is not always reflected in the “negotiations with the three institutions”- the European Commission, the International Monetary Fund and the European Central Bank.