The G7 leaders' summit begins

G-7 Summit

The German Chancellor Olaf Scholz will meet them today the leaders of the group of most developed world democracies at the beginning of the three-day summit of The Bavarian Alps, in the shadow of the war in Ukraine and its consequences such as rising energy and food prices.

The summit is being held in Elmau, in a much darker tone than when the leaders of Britain, Canada, France, Germany, Italy, Japan and the United States met for the first time since the start of the Covid-19 pandemic last year.

The global rise of energy and food prices, one of the consequences of the war in Ukraine, negatively affects economic growth.

G7 leaders are expected to show unity in support of Ukraine and continue to perform pressure on the Kremlin as long as necessary, although they will avoid sanctions that could spur inflation and make life difficult for their citizens.

"The main message should be to stick together even in difficult times," he said.

At the summit, G7 leaders are expected to agree on a ban on gold imports from Russia. They will also discuss measures to curb rising prices and exchange for Russian oil and gas.

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