What is the G7?
The Group of Seven (G7) is an informal forum of countries representing around half of global economic output.
The group has met regularly since 1976 to discuss key issues related to global economic stability.
The G7 comprises Finance Ministers and Central Bank Governors of 7 countries: Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America. Representatives of the European Union, including the EU Presidency and European Central Bank, as well as heads of international financial institutions also regularly attend.
This year the UK has assumed the Presidency of the G7 and will host a meeting of Finance Ministers and Central Bank Governors on Friday 10 May and Saturday 11 May. The representatives attending the meeting are shown in the tables below.
G7 representatives
| Country | Finance Minister | Central Bank Governors |
|---|---|---|
| UK | RT Hon George Osborne MP, Chancellor of the Exchequer | |
| Canada | ||
| USA | ||
| Italy | ||
| Germany | ||
| France | ||
| Japan |
EU representatives and heads of International Financial Institutions
| Institution | Name | Title |
|---|---|---|
| European Commission | Vice-President of the European Commission and Commissioner for Economic and Monetary Affairs | |
| European Central Bank | President of the European Central Bank | |
| International Monetary Fund | Managing Director of the IMF | |
| World Bank | President of the World Bank | |
| Eurogroup | President of the Eurogroup |