Barry / Follow-up to the morning
It was launched in Italy on Friday , business meetings and financial ministers of the Group of Seven over 3 days, to discuss a range of global economic issues, including growth, regulation, and finance.
And dominate the discussions 4 vital and important issues including international taxation, and the integrity of the global financial system and the financing of the war on terrorism, as well as international trade.
It is scheduled to discuss the US side tax reforms to President Donald Trump and efforts to combat the financing of terrorism.
Sources told Reuters news agency reported that the Italian Minister of Finance met with his US counterpart on Thursday, and discussed the case of Italian banks on the sidelines of the meetings of the group, predicted the fall of the Italian side of bad loans to lenders very quickly.
The sources added that "Pier Carlo Padoan" and "Stephen Manoucan" exchanged information about the safety of Italian banks , which suffered 349 billion euros ($ 379 billion) of total doubtful loans in the euro zone.
The German Finance Minister Wolfgang Schaeuble on Friday: It will tell the US Treasury Secretary , that the world needs to lead the United States.
The new administration of President Donald Trump axis comments and finance ministers with the entry of the meeting of the Group of Seven countries in the city of Bari Italian second day.
Schaeuble said: The letter to US Treasury Secretary Steven Manoucan will be "We need a strong and united states to lead the world economically and politically sustainable manner."
He described the Italian Economy Minister Pierre Carlo Padoan Trump 's plan to cut corporate taxes as "ambitious" plan and it is monitored by to see how it will affect the US growth, adding that "not worried" of the broader implications on the economy.
The Group of Seven includes all of Germany, the United States, Japan, Canada, Italy, France, and the United Kingdom.