Dictionary Home »
Webster's New World Finance and Investment Dictionary » Group of Eight
Group of Eight
Group of Eight definition - finance
A group of major industrial countries that was started
in 1994 when Russia joined the Group of Seven (G-7) at the groupÂ’s 1994 Naples
Summit. At that time, and in 1997 at the Denver Summit, Russia participated
only in political conversations, not economic ones. However, Russia joined as a
full member in 1998 at the Birmingham Summit. The other member countries are
the U.S., the U.K., Canada, Japan, France, Germany, and Italy.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Comments
Improve this definition.
Browse dictionary definitions near Group of Eight
Share on Facebook