G7

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 or Group of Seven) 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 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 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 Russia.
The G7 held a meeting on April 11, 2008 in Washington D.C.and then held another on October 10, 2008, in Washington D.C, to discuss the current global situation with the markets.