- The Group of Twenty Finance Ministers and Central Bank Governors (also known as the G-20, G20, and Group of Twenty) is a group of finance ministers and central bank governors from 20 major economies: 19 countries plus the European Union, which is represented by the President of the European Council and by the European Central Bank.
- Annual Meeting : The G-20 heads of government or heads of state have also periodically conferred at summits since their initial meeting in 2008
- History : The G-20 was proposed by former Canadian Prime Minister Paul Martin[4] as a forum for cooperation and consultation on matters pertaining to the international financial system. The group was formally inaugurated in September 1999, and held its first meeting in December 1999.
- Chaired By : Russia currently holds the chair of the G-20, and will host the eighth G-20 summit in September 2013 at Saint Petersburg. Earlier in June 2012 it was hosted by Mexico at Los Cabos.
