G7 says global economy strengthened in past year

June 4, 2014 by Nanakiver3
  • Urges Russia to enter frank and open dialogue to find a political solution with Ukraine
  • G7 stands ready to intensify targeted sanctions on Russia
  • Calls on Russia to accelerate troop movement from border
  • Actions in Ukraine unacceptable and must stop
  • Downside economic risks remain and need to be managed carefully
  • Continued and sustained growth needed for jobs
  • Group to take further steps to support balanced growth
  • Remains vigilant to global risk and vulnerabilities
  • Committed to tackling tax avoidance and evasion and fighting protectionism

Details from the draft G7 summit statement via BBG