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Lithuania’s Ausrine Armonaite says lending to the government is better than “hiding cash in a sock” Lithuanian Economy Minister Ausrine Armonaite has issued a call for citizens to finance the country’s defense industry, telling them to “invest in tanks” rather than keep hold of their savings.

Inflation in France has peaked, but is expected to stay at a high level for several more months before progressively decreasing, according to the country’s Finance Minister Bruno Le Maire. The rate reached 5.2% in May.