1st working session of G7 finance summit begins in Rome

ROME: Representatives of G7 nations are holding their first working session in Italy on Friday, focused on economic incentives for growth and financial regulation. The agenda of the summit, that is being attended by finance ministers and banking representatives of the world’s seven most industrialised nations, began at 8.40 a.m. in the city of Bari, with a symposium with reputed economists, Efe news reported. The meeting will last four hours and post-lunch, at 1.30 p.m., the participants will hold the first of the four working sessions scheduled until Saturday. The discussions will be private and are expected to last for four hours.–IANS