5/19, 6:04 PM (Source: TeleTrader)
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Germany to grant €1 billion to help Ukraine - minister

German Finance Minister Christian Lindner announced at the Group of Seven (G7) meeting on Thursday that Germany will donate €1 billion in grants to Ukraine.

Lindner added that this financial aid will help Ukraine with its short-term liquidity needs. After a discussion with the finance officials and central bankers, the German finance minister said to the reporters the Group is prepared to fight inflation in the world as it is "one of the biggest economic risks".

The United Kingdom's government announced earlier this month that it will be providing Ukraine with £1.3 billion in military aid to Ukraine.

Baha Breaking News (BBN) / TB