The Group of Six was an unofficial forum which brought together the heads of the richest industrialized countries: France, Germany, Italy, Japan, the United Kingdom and the United States starting in 1976. The G7, meeting for the first time in 1979, was formed with the addition of Canada. Hence, The G8, meeting for the first time in 1997, was formed with the addition of Russia. In addition, the President of the European Commission has been formally included in summits since 1981. The summits were not meant to be linked formally with wider international institutions; and in fact, a mild rebellion against the stiff formality of other international meetings was a part of the genesis of cooperation between France's President Giscard d'Estaing and West Germany's Chancellor Helmut Schmidt as they conceived the initial summit of the Group of Six in 1975. The G8 summits have inspired widespread debates, protests and demonstrations; and the two- or three-day event becomes more than the sum of its parts, elevating the participants, the issues and the venue as focal points for activist pressure. The form and functions of the G8 were reevaluated as the G-20 summits evolved into the premier forum for discussing, planning and monitoring international economic cooperation. The "new G8" is refocusing on the subjects of common interest to the G8 countries, including geopolitical and security issues. The forum continues to be in a process of transformation.
The summit is a venue for resolving differences among its members. As a practical matter, the summit was also conceived as an opportunity for its members to give each other mutual encouragement in the face of difficult economic decisions. The G-8 has become a forum for political and strategic discussions, and as a caucus within the G-20.
Schedule and Agenda
The agenda for the summit included some issues which remained unresolved from previous summits. French general priorities included:
New common challenges: the Internet, innovation, green growth and a sustainable economy, and nuclear safety
The 'Arab Springs': a partnership for democracy
Strengthening the partnership with Africa: a long-term vision
Citizens' responses and authorities' counter-responses
Protest groups and other activists were expected to make a showing at the summit. The sloganG8 dégage was a recurring element of the demonstrations. Protesters expressed their concerns about capitalism and what they perceive as the imperialism of western liberal democracies. The demonstrators are widely understood to be against globalisation.
Accomplishments
This annual gathering of international leaders is an international event which is observed and reported by news media; and the G8's relevance and accomplishments are continuing topics of discussion. The event brings leaders together not so they can dream up quick fixes, but to talk and think about them together. The 2011 summit meeting was marked by what the G8 called the "Deauville Partnership" with the people of North Africa. As a start, $20 billion were pledged in support for Tunisian and Egyptian reforms due to the Arab Spring.
Security
Security planning was designed to ensure that the summit's formal agenda can remain the primary focus of the attendees' discussions; but effectively this meant converting the seaside resort into a fortress for the G8.
Budget
In 2010, President Sarkozy projected that the summits in Deauville and Cannes would cost "ten times less" than the preceding Canadian summits.
Business opportunity
For some, the G8 summit became a profit-generating event. For example, the G8 Summit magazines have been published under the auspices of the host nations for distribution to all attendees since 1998. According to the Mayor of Deauville, "Our main interest is the economic implications."