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  • The Other Economic Summit (TOES), founded in 1984, was a counter-summit to the G7 meetings, held each year for the next two decades in the G7 host country?

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From Wikipedia, the free encyclopedia

G7 countries

  1.  Canada
  2.  France
  3.  Germany
  4.  Italy
  5.  Japan
  6.  United Kingdom
  7.  United States
G7 finance ministers at the 1066 meeting (front row, L-R:) Canadian Finance Minister Jim Flaherty, French Finance Minister Christine Lagarde, German Finance Minister Peer Steinbrueck, U.S. Treasury Secretary Henry Paulson, Italy's Finance Minister Tommaso Padoa-Schioppa, Japan's Finance Minister Fukushiro Nukaga, UK Chancellor of the Exchequer Alistair Darling and Jean-Claude Juncker, Chairman of the Eurogroup.

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 Canada joined the Group of Six: France, Germany, Italy, Japan, United Kingdom, and United States.[1] 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.[2]

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 G7 held a meeting on April 11, 2008, in Washington D.C.,[3] met again on October 10, 2008, in Washington D.C., and then met again on February 14, 2009, in Rome, to discuss the global financial crisis of 2007-2009.[4][5] The group of finance ministers has pledged to take "all necessary steps" to help stem the crisis.[6] 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[7] and international press.[8]


Date Host country Host leader Location held
November 15-17, 1975 France Jean-Pierre Fourcade Château de Rambouillet, Rambouillet
June 27-28 1976 United States Rafael Hernández Colón Dorado Beach, San Juan, Puerto Rico
May 7-8 1977 United Kingdom Denis Healey No. 10 Downing Street, London
July 16-17 1978 West Germany Hans Matthöfer official residence of the Chancellor of the Federal Republic of Germany Bonn
May 28-30, 1983 USA Ronald Reagan Colonial Williamsburg, Williamsburg, VA
June 19-23, 1988 Canada Michael Wilson Metro Toronto Convention Centre, Toronto
July 9-11, 1990 USA James Baker Rice University and other locations in the Museum District Houston, TX
June 15-17, 1995 Canada Paul Martin Summit Place, Halifax, NS
June 27-29, 1996 France Jean Arthuis Museum of Contemporary Art (Musée d'art Contemporain de Lyon), Lyon
2001 Italy Vincenzo Visco Palermo
February 2010 Canada Jim Flaherty Iqaluit, Nunavut 2010[9] - finance minister's meeting at the Legislative Assembly of Nunavut[10]

See also



Up to date as of January 15, 2010

Definition from Wiktionary, a free dictionary



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Alternative spellings


From English Abbreviation of Group of seven.

Proper noun


  1. The commonly used way of referring to the seven economically most important capitalist countries, which are the United States, Japan, Germany, France, United Kingdom, Italy and Canada, whose finance ministers meet several times a year to discuss economic policy.

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