G7
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The G7 (also known as the G-7 or Group of Seven) is the meeting of the finance ministers from the group of seven industrialized nations of the world. It was formed in 1976, when Canada joined the Group of Six: France, Germany, Italy, Japan, United Kingdom, and United States of America. The finance ministers of these countries meet several times a year to discuss economic policies. Their work is supported by regular, functional meetings of officials, including the G-7 Finance Deputies.
It is not to be confused with the G8, which is the annual meeting of the heads of government of the aforementioned nations, plus Russia.
The most recent meeting was held on April 11, 2008 in Washington D.C.[1]
[edit] See also
[edit] References
- ^ Bo Nielsen, "G-7 Statement Fails to Convince Major Traders to Change Outlook, Bloomberg L.P., April 14, 2008