In 1975 Helmut Schmidt and Valéry Giscard d Estaing co-hosted the first annual global economic summit, which later became known as the G7 or G8. In 1978 the summit was held for the first time in the Federal Republic of Germany.

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In 1975 Helmut Schmidt and Valéry Giscard d Estaing co-hosted the first annual global economic summit, which later became known as the G7 or G8. In 1978 the summit was held for the first time in the Federal Republic of Germany.

Chancellor Helmut Schmidt at the G7 press conference

In 1975 Helmut Schmidt and Valéry Giscard d Estaing co-hosted the first annual global economic summit, which later became known as the G7 or G8. In 1978 the summit was held for the first time in the Federal Republic of Germany.

Photo: Bundesregierung/Schaack