• The Group of Eight (G-8) was an intergovernmental organization that met periodically to address international economic and monetary issues.

  • G-8 is now called G-7 because Russia, one of the original G-8, was excluded from the group in 2014 after annexing Crimea.
  • The G8 did not have the legislative or executive power to enforce the recommended policies and the plans it draws up. As well as G-7.