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G7 countries
The G7 (also known as the G-7) is the meeting of the finance ministers from a group of seven industrialized nations. It was formed in 1976, when Canadamarker joined the Group of Six: Francemarker, Germanymarker, Italymarker, Japanmarker, United Kingdommarker, and United Statesmarker.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 G7 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 Russiamarker.

The G7 held a meeting on April 11, 2008, in Washington D.Cmarker., met again on October 10, 2008, in Washington D.C.marker, and then met again on February 14, 2009, in Romemarker, to discuss the global financial crisis of 2007-2009. The group of finance ministers has pledged to take "all necessary steps" to help stem the crisis. Japanese Finance Minister Shōichi Nakagawa's behavior at a press conference for the latter meeting, where he allegedly behaved as if intoxicated, was the subject of criticism from the Japanese and international press.

Summits

  • Rambouillet, France 1975
  • San Juan, Puerto Rico 1976
  • London, UK 1977
  • Bonn, Germany 1978
  • Williamsburg, VA, USA 1983
  • Toronto, Canada 1988
  • Houston, USA 1990
  • Halifax, Canada 1995
  • Lyon, France 1996
  • Palermo, Italy 2001
  • Iqaluit, Canada 2010

See also



References


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