Biography Wikipedia
Wikipedia:
G7 finance ministers at the 2008 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 Chairman of the Eurogroup, Jean-Claude Juncker.The G7 (also known as the G-7) is an international finance group consisting of the finance ministers from seven industrialized nations.
History
The G7 began in 1975 as the Group of Six and included the countries of France, Germany, Italy, Japan, United Kingdom, and United States, and was joined by Canada the following year . Collectively, the G7 nations comprised 50.4% of global nominal GDP and 39.3% of global GDP (PPP). This group meets several times a year to discuss economic policies. Their work is supported by regular, functional meetings of officials, including the G7 Finance disputes.
The G7 met in Washington D.C. twice in 2008 and in February 2009, in Rome, to discuss the global financial crisis of 2007-2010. The group of finance ministers has pledged to take "all necessary steps" to help stem the crisis.