In the past few days the G-20 summit has been taking place in Toronto, Canada. It is a meeting of the Finance Ministers and central bank Governors of 19 prominent world Economies plus the EU. Of course many heads of State also attend the Summit which has grown is status significantly in the past few years.They have been held bi-annually. However, 2011 they are scheduled to be convened on an annual basis. The next meeting of the group will take place in South Korea in November. The first meeting of the group took place in 1999. Although some members such as the UK, France and Italy are represented as part of the EU contingent they do also send their own contingents to the meetings.
